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Inland Water Transport Market (2023-2032) Industry Trends, Share, Size, Growth, Opportunity, and Forecasts
Inland Water Transport Market
As per the Inland water transportation market report by The Business Research Company, Recently, companies are encouraging lean and green inland transportation. For improved efficiency, companies are focusing on natural gas in shipping, improved vessel designs, efficient loading and unloading of cargo, and many more. The companies are also retrofitting old equipment in ships with emission reduction devices, hull cleaning and coating, and high-performance propellers and nozzles. Certain advanced propulsion systems, such as fuel cell hybrid drive technologies, will be available soon in the market. With these efforts, the inland transport market is seeing steady growth in the upcoming years.
The global inland water transport market grew from $18.64 billion in 2022 to $19.56 billion in 2023 at a compound annual growth rate (CAGR) of 5.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The inland water transport market is expected to grow to $22.81 billion in 2027 at a CAGR of 3.9%.
Read More On The Inland Water Transportation Market Report Here:
https://www.thebusinessresearchcompany.com/report/inland-water-transport-global-market-report
Major competitors in the Inland water transportation market include Nippon Yusen, Deutsche Post AG, Seacor Holdings Inc., American Commercial Lines LLC, Ingram Industries, AP Moller - Maersk A/S, Jeffboat, and European Cruise Service.American Commercial Lines LLC; Ingram Industries; AP Moller - Maersk A/S; Jeffboat; European Cruise Service
The Inland water transportation market is segmented -
• By Type: Inland Water Freight Transport, Inland Water Passenger Transport
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Inland water transportation refers to a mode of transportation over stretches of water, not part of the sea, over which crafts with a carrying capacity of not less than 50 tons can navigate when normally loaded to provide inland water transportation of passengers and cargo on lakes, rivers, or intracoastal waterways.
The Table Of Content For The Inland water transportation Market Include:
1. Executive Summary
2. Report Structure
3. Inland Water Transport Market Characteristics
4. Inland Water Transport Market Product Analysis
5. Inland Water Transport Market Supply Chain
……
21. Key Mergers And Acquisitions In The Inland Water Transport Market
22. Market Background: Water Transportation Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The "Global Inland Water Transportation Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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