Europe Inland Waterways Vessel Market to hit USD 115 billion by 2024 - PowerPoint PPT Presentation

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Europe Inland Waterways Vessel Market to hit USD 115 billion by 2024

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More Information @ Non-passenger vessel accounted for more than 60% of the total revenue in 2016. The growth is attributed to increasing demand from freight vessels for goods transportation. – PowerPoint PPT presentation

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Title: Europe Inland Waterways Vessel Market to hit USD 115 billion by 2024


1
Europe Inland Waterways Vessel Market Analysis,
Report, Trends and Forecast, 2017-2024
2
Key Insights from Europe Inland Waterways Vessel
Market
  • Europe inland waterways vessel market share will
    exhibit over 9 CAGR during 2017 to 2024.
    Increasing freight transportation through
    waterways and rising marine passenger traffic led
    by regular upgradation of the fleet are driving
    industry demand. More than 37,000 km of inland
    waterways in region connects thousands of cities
    and industrial area particularly in Western
    Europe. Availability of transshipment facilities,
    link with sea ports, connection between river
    basins and well equipped inland ports will
    positively support the revenue generation.
  • Passenger ships were valued more than USD 9
    billion in 2016. Increasing marine passenger
    traffic has experienced a substantial growth over
    the past years. For instance, the cruise
    passenger traffic in the UK was over 1.6 million
    in 2014, which surpassed 1.7 million in 2015 with
    around 9 growth. Rising marine tourism across
    the region has resulted in increased passenger
    traffic, positively impacting the industry growth.

3
Continued...
  • Europe inland waterways vessel market provide
    recreational boaters with thousands of kilometers
    of varied rivers and canals to explore. This
    stimulates the demand for leisure boating and
    develop travel tourism industry across the
    region. European ship manufacturers are focusing
    on regular advancements and modernization of
    their fleet to ensure efficient and environment
    friendly transportation.
  • Stringent legislations related to the environment
    are formulated in the region to be followed by
    all the ship owners to curb carbon footprints.
    The aged fleet of marine transportation will face
    challenges over the projected time frame.
    Moreover, next-generation models with enhanced
    features will be available at higher costs. This
    may affect inland waterways vessel market over
    the forecast time span.
  • Non-passenger vessels comprise freight vessels,
    tug-boats, and workboats. Inland waterway is
    considered as a prominent way for freight
    transportation as these vessels can transport
    over 15 of the countrys fleet. The growth in
    the domestic and international freight
    transportation will drive the Europe inland
    waterways vessels market size from 2017 to 2024.

4

Latest Research Report On Europe Inland Waterways
Vessel Market _at_ https//www.gminsights.com/indus
try-analysis/europe-inland-waterways-vessel-market
Request for a sample of this research report
_at_ https//www.gminsights.com/request-sample/detai
l/2304
5
U.S. Electric Motors Market, By Motor, 2016
2024, (USD Million)

6
Major Companies in Europe Inland Waterways Vessel
Market
  • Viking Line
  • Rhenus Group
  • Mediterranean Shipping Company S A
  • Construction Navale Bordeaux
  • Meyer Werft GmbH Co.
  • KG
  • Bayliner
  • European Cruise Service

7
Industry Coverage

8
Regional Insights in Europe Inland Waterways
Vessel Market
  • France is one of the largest European military
    shipbuilders and it maritime sector employs more
    people than that of the nation aeronautical
    industry. The French marine market is one of the
    biggest and busiest in Europe with more than
    5,000 companies. Enhanced shipping routes and
    efficient fuels are expected to boost demand for
    inland waterways vessels during the study period.
  • The Netherlands market was valued USD 14 billion
    in 2016. The demand is attributed to increasing
    tourism in the nation. Netherlands includes
    Holland, that comprises of lakes and rivers in
    the triangle of Rotterdam, Amsterdam, Utrecht,
    and lakes of Friesland in the north. These are
    the busiest water channels in the country and
    connect to all the major cities and towns. It is
    considered as one of the places to find a
    boatyard for renovations, purchasing of a vessel,
    and to custom-order a new canal cruiser.

9
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