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Water Transport Global Market to Reach $650.21 Billion by 2026

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DUBLIN, Aug. 30, 2022 /PRNewswire/ -- The "Water Transport Global Market Report 2022: By Application" report has been added to ResearchAndMarkets.com's offering.

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The global water transport market is expected to grow from $507.75 billion in 2021 to $537.07 billion in 2022 at a compound annual growth rate (CAGR) of 5.8%. The market is expected to grow to $650.21 billion in 2026 at a compound annual growth rate (CAGR) of 4.9%.

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 main types in the water transport market are the deep sea, coastal, and great lakes, and inland water transport. The deep-sea transportation mode transports people and goods via sea waterways. The market is also segmented by application into onshore and offshore.

Asia Pacific was the largest region in the water transport market in 2021. Western Europe was the second largest region in the global water transport market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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 several 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 the overall maintenance cycle of visits, including condition monitoring and condition-based monitoring. For instance, NoraSens and Silicon Radar are some of the companies that manufacture sensors for ships.

Scope
Markets Covered:

1) By Type: Deep Sea, Coastal, And Great Lakes; Inland Water Transport
2) By Application: Onshore; Offshore

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Water Transport Market Characteristics

4. Water Transport Market Product Analysis

5. Water Transport Market Supply Chain

6. Water Transport Market Customer Information

7. Water Transport Market Trends And Strategies

8. Impact Of COVID-19 On Water Transport

9. Water Transport Market Size And Growth

10. Water Transport Market Regional Analysis

11. Water Transport Market Segmentation

12. Water Transport Market Segments

13. Water Transport Market Metrics

14. Asia-Pacific Water Transport Market

15. Western Europe Water Transport Market

16. Eastern Europe Water Transport Market

17. North America Water Transport Market

18. South America Water Transport Market

19. Middle East Water Transport Market

20. Africa Water Transport Market

21. Water Transport Market Competitive Landscape

22. Key Mergers And Acquisitions In The Water Transport Market

23. Market Background: Transportation Services Market

24. Recommendations

25. Appendix

26. Copyright And Disclaimer

 Companies Mentioned

  • A.P. Moller-Marsk A/S

  • China Ocean Shipping Company Limited

  • Cargill Incorporated

  • CMA CGM S.A.

  • Hapag-Lloyd AG

  • Nippon Yusen

  • Evergreen Marine corp.

  • K-Line

  • Hyundai Merchant Marine Co. ltd.

  • Kuehne + Nagel International AG

For more information about this report visit https://www.researchandmarkets.com/r/fedkms

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