Automotive

Barge Transportation Market to Grow US$ 42.2 Billion by 2027

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The global Barge Transportation market size is expected to surpass around US$ 42.2 billion by 2027 and the market is expected to garner growth at a CAGR of 3.8% over the forecast period 2021 to 2027.

The Barge Transportation market report covers a detailed analysis for the historic period 2017-2020, considering 2021 as the base year and forecast (growth) for 2021-2027.

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Growth Factors

Numerous benefits offered by barge transportation in terms of efficiency, cost, and security & safety of cargo propel the growth of the market. Rising import & export business along with improving economic condition across different parts of the world plays significant role in triggering the market growth. In addition, the barge transportation market holds intense growth potential in the near future due to increasing initiatives and investment by the government f different regions for development of inland water infrastructure. Further, various research activities are carried out by the industry participants to develop new and upgrade the existing barge designs. For instance, hybrid LNG barge is more environment-friendly and fuel-efficient alternative for conventional ones.

However, rapid development for advanced railway transportation projected to restrict the market growth. Moreover, increasing domestic trade and attractive return on investment induce significant growth potential for the market players in the coming years.

Market Report Scope

Report Highlights Details
Market Size USD 56.68 Billion by 2027
Growth Rate CAGR of 42.2% from 2021 to 2027
Largest Market Europe
Fastest Growing Market Asia Pacific
Base Year 2021
Forecast Period 2021 to 2027

Get Customization on this Research Report@ https://www.precedenceresearch.com/customization/1043  Market Overview

A recent study by Precedence Research on the Barge Transportation market offers a forecast for 2021 and 2027. The study analyzes crucial trends that are currently determining the growth of the Barge Transportation market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of Barge Transportation. The study also provides the dynamics that are responsible for influencing the future status of the Barge Transportation market over the forecast period.

A detailed assessment of the Barge Transportation market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the Barge Transportation market along with their product portfolio enhances the reliability of this comprehensive research study.

Report Highlights

  • Europe dominated the global barge transportation market in 2019 with prominent market value share of around 40%. Increasing import and export trade activities across the region account for the prime factor driving the market growth.
  • By product, dry cargo led the global barge transportation market owing to increasing demand for iron ore, coal, and grains especially in the Asia Pacific, Germany, and the U.S. The segment is projected to cross the revenue of USD 22 Billion by 2027. High production volume of dry cargo products triggers the competition for advanced transportation, making it a preferred choice for the end-users.
  • In 2019, agriculture application accounted for significant revenue share and exceeded the market value of USD 4 Billion. Positive growth in the agricultural products creates huge demand for enhanced & efficient logistics services, supporting the accelerating growth of the market.
  • Increasing cross border import & export of petrochemicals and chemicals attributed for the significant growth of tank barges in the year 2019. The segment contributes nearly 25% of the value share in the global barge transportation market.

Regional Snapshots

Europe led the global barge transportation market with prominent revenue share of approximately 40% in the year 2019. The accelerating growth of the region attributed to the improved economic condition, significant development in industrialization, and well-established network for inland waterway in the region. European countries have large number of ports and water resources that makes them most favorable region for the growth of barge transportation. For instance, the Netherlands is located at the Rhine-Scheldt Delta that provides an important mode of international transportation. Furthermore, increase in the size of barge transportation fleet along with cooperation between public and private shipping companies significantly drives the growth of barge transportation industry in the country. Some of the European countries have planned out to completely shut down the coal production in the coming years, which will negatively impact the import and export of coal in those countries. For instance, German government announced in January 2020 to completely cut out its coal power by 2038.

The Asia Pacific registered lucrative growth for the barge transportation market during the forecast period. It follows Europe in terms of revenue share owing to major initiatives taken by the government along with rapid growth in the regional economy. Asia Pacific has enormous water resources and their extensive network. For instance, China has total 24,000 km of waterways network that comprises of Yangtze River, Grand Canal, and many other tributaries and canals.

OBJECTIVES OF THE STUDY

  • To analyze and forecast the electric motor market, in terms of value and volume
  • To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To define, segment, and project the size of the global electric motor market on the product type, end-use and other segments
  • To project the size of the market, with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America, with their key countries
  • To strategically analyze micro markets with respect to individual growth trends, growth prospects, and their contribution to the total market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To strategically profile key players and comprehensively analyze their core competencies
  • To track and analyze research & development (R&D) and competitive developments such as joint ventures, mergers & acquisitions, and new product developments in the electric motor market

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Major Players Covered in this Report

The updated market research report on electric motor market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Major key players operating in the market are

  • SEACOR Holdings
  • American Commercial Barge Line (ACBL)
  • Ingram Marine Group
  • Campbell Transportation Company
  • Kirby Corporation
  • APL Logistics
  • Crowley Maritime Corporation

Segments Covered in the Report

By Barge Fleet

  • Covered
  • Open
  • Tank

By Product

  • Liquid Cargo
  • Dry Cargo
  • Gaseous Cargo

By Application

  • Agricultural Products
  • Coal & Crude Petroleum
  • Metal Ores
  • Coke & Refined Petroleum Products
  • Food Products
  • Secondary Raw Materials & Wastes
  • Beverages & Tobacco
  • Rubber & Plastic
  • Chemicals
  • Nuclear Fuel

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Why should you invest in this report?

If you are aiming to enter the global Barge Transportation market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Barge Transportation are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Barge Transportation Market, By Product

7.1. Barge Transportation Market, by Product Type, 2020-2027
7.1.1. Liquid Cargo
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Dry Cargo
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Gaseous Cargo
7.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Barge Transportation Market, By Application

8.1. Barge Transportation Market, by Application, 2020-2027
8.1.1. Agricultural Products
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Coal & Crude Petroleum
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Metal Ores
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Coke & Refined Petroleum Products
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Food Products
8.1.5.1. Market Revenue and Forecast (2016-2027)
8.1.6. Secondary Raw Materials & Wastes
8.1.6.1. Market Revenue and Forecast (2016-2027)
8.1.7. Beverages & Tobacco
8.1.7.1. Market Revenue and Forecast (2016-2027)
8.1.8. Rubber & Plastic
8.1.8.1. Market Revenue and Forecast (2016-2027)
8.1.9. Chemicals
8.1.9.1. Market Revenue and Forecast (2016-2027)
8.1.10. Nuclear Fuel
8.1.10.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Barge Transportation Market, By Barge Fleet

9.1. Barge Transportation Market, by Barge Fleet, 2020-2027
9.1.1. Covered
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Open
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Tank
9.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Barge Transportation Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2016-2027)
10.1.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.4.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.1.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.5.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.4.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.5.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.6.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.7.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.4.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.5.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.6.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.7.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.4.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.5.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.6.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.7.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.5.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.4.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.5.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.5.3. Market Revenue and Forecast, by Barge Fleet (2016-2027)

Chapter 11. Company Profiles

11.1. SEACOR Holdings
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. American Commercial Barge Line (ACBL)
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Ingram Marine Group
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Campbell Transportation Company
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Kirby Corporation
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. APL Logistics
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Crowley Maritime Corporation
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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