Inland Water Passenger Transport Trends and Forecast
The future of the global inland water passenger transport market looks promising with opportunities in the water taxi and cruise ship markets. The global inland water passenger transport market is expected to reach an estimated $2.6 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are rising demand for efficient and sustainable modes of transportation, escalating concern towards reducing carbon emissions and congestion on roads, and expanding adoption of digitalization and automation in the transportation sector.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Inland Water Passenger Transport by Segment
The study includes a forecast for the global inland water passenger transport by vessel type, propulsion, transportation mode, and region.
Inland Water Passenger Transport Market by Vessel Type [Shipment Analysis by Value from 2018 to 2030]:
• Water Taxis
• Cruise Ships
Inland Water Passenger Transport Market by Propulsion [Shipment Analysis by Value from 2018 to 2030]:
• Conventional
• Electric
• Hydrogen
• Hybrid
Inland Water Passenger Transport Market by Transportation Mode [Shipment Analysis by Value from 2018 to 2030]:
• Canals
• Lakes
• Rivers
• Others
Inland Water Passenger Transport Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Inland Water Passenger Transport Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies inland water passenger transport companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the inland water passenger transport companies profiled in this report include-
• Damen Shipyards Group
• HOLLAND SHIPYARDS GROUP
• SES-X Marine Technologies
• Kooiman Marine Group
• CARTUBI
• Incat Crowther
• Baumüller
• ABB
• Siemens
• Groupe Beneteau
Inland Water Passenger Transport Market Insights
Lucintel forecasts that river will remain the largest segment over the forecast period.
Within this market, cruise ship will remain the larger segment over the forecast period.
Europe will remain the largest region over the forecast period.
Features of the Global Inland Water Passenger Transport Market
Market Size Estimates: Inland water passenger transport market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Inland water passenger transport market size by vessel type, propulsion, transportation mode, and region in terms of value ($B).
Regional Analysis: Inland water passenger transport market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different vessel types, propulsions, transportation modes, and regions for the inland water passenger transport market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the inland water passenger transport market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the inland water passenger transport market size?
Answer: The global inland water passenger transport market is expected to reach an estimated $2.6 billion by 2030.
Q2. What is the growth forecast for inland water passenger transport market?
Answer: The global inland water passenger transport market is expected to grow with a CAGR of 7.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the inland water passenger transport market?
Answer: The major drivers for this market are rising demand for efficient and sustainable modes of transportation, escalating concern towards reducing carbon emissions and congestion on roads, and expanding adoption of digitalization and automation in the transportation sector.
Q4. What are the major segments for inland water passenger transport market?
Answer: The future of the inland water passenger transport market looks promising with opportunities in the water taxi and cruise ship markets.
Q5. Who are the key inland water passenger transport market companies?
Answer: Some of the key inland water passenger transport companies are as follows:
• Damen Shipyards Group
• HOLLAND SHIPYARDS GROUP
• SES-X Marine Technologies
• Kooiman Marine Group
• CARTUBI
• Incat Crowther
• Baumüller
• ABB
• Siemens
• Groupe Beneteau
Q6. Which inland water passenger transport market segment will be the largest in future?
Answer: Lucintel forecasts that river will remain the largest segment over the forecast period.
Q7. In inland water passenger transport market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the inland water passenger transport market by vessel type (water taxis and cruise ships), propulsion (conventional, electric, hydrogen, and hybrid), transportation mode (canals, lakes, rivers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Inland Water Passenger Transport Market, Inland Water Passenger Transport Market Size, Inland Water Passenger Transport Market Growth, Inland Water Passenger Transport Market Analysis, Inland Water Passenger Transport Market Report, Inland Water Passenger Transport Market Share, Inland Water Passenger Transport Market Trends, Inland Water Passenger Transport Market Forecast, Inland Water Passenger Transport Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.