Global Water Transport Market Forecast 2021


Posted January 28, 2021 by Kavita

Global Water Transport Market Report 2021: COVID 19 Impact and Recovery to 2030 from the strategists,
 
Bharat Book Bureau Provides the Trending Market Research Report on “Water Transport Global Market Report 2021” under Heavy Industry Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.

Global Water Transport Market Report 2021: COVID 19 Impact and Recovery to 2030 from the strategists, marketers and senior management with the critical information they need to assess the global water transport market as it emerges from the Covid 19 shut down.

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• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.

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Description:
Where is the largest and fastest growing market for the water transport? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Water Transport market global report from answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider water transport market, and compares it with other markets.
• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
• The water transport market section of the report gives context. It compares the water transport market with other segments of the transport services market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, water transport indicators comparison.

Scope

Markets Covered: 1) By Type: Deep Sea, Coastal, And Great Lakes; Inland Water Transport

Subsegments Covered: Deep Sea Transport; Coastal and Great Lakes Transport; Inland Water Freight Transport; Inland Water Passenger Transport

Companies Mentioned: A.P. Møller-Maersk; Mediterranean Shipping Company (MSC); CMA-CGM; Evergreen Marine Corporation; Nippon Yusen Kabushiki Kaisha (NYK)

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, water transport indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major companies in the water transport market include A.P. Møller-Maersk; Mediterranean Shipping Company (MSC); CMA-CGM; Evergreen Marine Corporation and Nippon Yusen Kabushiki Kaisha (NYK).

The global water transport market is expected to grow from $486.47 billion in 2020 to $507.44 billion in 2021 at a compound annual growth rate (CAGR) of 4.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $611.02 billion in 2025 at a CAGR of 5%.

The water transport market consists of sales of water transportation services and related goods by entities (organizations, sole traders and partnerships) that provide water transportation of passengers and cargo using watercraft, such as ships, barges, and boats. The water transport market is segmented into deep sea, coastal, and great lakes and inland water transport.

Asia Pacific was the largest region in the global water transport market, accounting for 45% of the market in 2020. Western Europe was the second largest region accounting for 32% of the global water transport market. Africa was the smallest region in the global water transport market.

Water transportation service companies are increasingly using sensor technologies to enable monitoring of remote locations of ships. A sensor is a device that detects and responds to some type of input from the physical environment. The specific input could be light, heat, motion, moisture, pressure, or any one of a number of other environmental phenomena present in the ship. Sensors in remote locations of ships collect data autonomously and relay the data to the control room in real-time. The data captured by the sensor allows shipowners to improve overall maintenance cycle of visits, including condition monitoring and condition-based monitoring. For instance, NoraSens and Silicon Radar are some of the companies manufacturing sensors for ships.


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Last Updated January 28, 2021