Global Inland Water Freight Transport Market Report 2021 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Inland Water Freight Transport Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

The global inland water freight transport market is expected to grow from $17.89 billion in 2020 to $18.66 billion in 2021 at a compound annual growth rate (CAGR) of 4.3%.

Major players in the inland water freight transport market are American Commercial Barge Line; Ingram Barge, Kirby Inland Marine; American River Transportation; CMA CGM Group; McKeil Marine Limited; AP Moller - Maersk A/S; Rhenus Group and Imperial Logistics International.

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 $22.29 billion in 2025 at a CAGR of 4.5%.

The inland water freight transport market consists of sales of inland water freight transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide inland water transportation of cargo on lakes, rivers, or intra-coastal waterways. Only goods and services traded between entities or sold to end consumers are included.

The development of information technology platforms for better vessel management is an emerging trend in the inland water freight transport market. According to the United Nations Conference on Trade and Development (UNCTAD) in 2019, about 80% of global trade by volume was carried by waterways with a fleet of 95402 ships. Information technology on ships is used for- fuel optimization and monitoring vessel performance, recognizing scanned copies and photos of documents, customer relationship management, warehouse management, and Que management system.

Few significant online apps and portals used for operations management on the ship are - BunkerEx, an online portal for ship owners helping in finding optimal bunker port; Nautilus Labs, takes data from sensors, manual reports, and market information to get a unified fleet intelligence picture; and Radiantfleet, with its software, helps in digitizing workflows, cut cost and improve budgeting. Therefore, the combination of digital and physical connectivity helps carriers and seaports to integrate their processes with shippers and track devices for containers and cargos.

The inland water freight transport market covered in this report is segmented by type of transportation into liquid bulk transportation; dry bulk transportation. It is also segmented by fuel into heavy fuel oil; diesel; biofuel; others and by vessel type into cargo ships; container ships; tankers; others.

Key Topics Covered:

1. Executive Summary

2. Inland Water Freight Transport Market Characteristics

3. Inland Water Freight Transport Market Trends and Strategies

4. Impact of COVID-19 on Inland Water Freight Transport

5. Inland Water Freight Transport Market Size and Growth

5.1. Global Inland Water Freight Transport Historic Market, 2015-2020, $ Billion

5.1.1. Drivers of the Market

5.1.2. Restraints on the Market

5.2. Global Inland Water Freight Transport Forecast Market, 2020-2025F, 2030F, $ Billion

5.2.1. Drivers of the Market

5.2.2. Restraints on the Market

6. Inland Water Freight Transport Market Segmentation

6.1. Global Inland Water Freight Transport Market, Segmentation by Type of Transportation, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

• Liquid Bulk Transportation
• Dry Bulk Transportation

6.2. Global Inland Water Freight Transport Market, Segmentation by Fuel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

• Heavy Fuel Oil
• Diesel
• Biofuel
• Others

6.3. Global Inland Water Freight Transport Market, Segmentation by Vessel Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

• Cargo Ships
• Container Ships
• Tankers
• Others

7. Inland Water Freight Transport Market Regional and Country Analysis

7.1. Global Inland Water Freight Transport Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

7.2. Global Inland Water Freight Transport Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

Companies Mentioned

• American Commercial Barge Line
• Ingram Barge
• Kirby Inland Marine
• American River Transportation
• CMA CGM Group
• McKeil Marine Limited
• AP Moller - Maersk A/S
• Rhenus Group
• Rhenus Group
• Imperial Logistics International

For more information about this report visit https://www.researchandmarkets.com/r/dto3mh