Industry Background:
A barge is a flat-bottomed base on which a large capacity of heavy goods is transported by waterways. A single barge can carry goods with a capacity of more than 1,500 tons at a time, which is far more than that of railcars or trucks. Inland waterway transport can be seen as an efficient and inexpensive means of transport compared to other modes of transport such as rail, road, and air. Barges can carry heavier loads and ensure safety, especially when transporting large amounts of cargo. The transportation of barge logistics can be viewed as an inexpensive, high-capacity means of transportation compared to other modes of transportation such as road, rail, and air. Barges can carry heavier loads and ensure safety, especially when transporting large amounts of cargo.This growth is primarily driven by Increasing Intermodal Transportation in Various Industries
.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Marine sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as American Commercial Barge Line (ACBL) (United States), Ingram Barge Company (United States), Kirby Corporation (United States), SEACOR (United States), Bouchard Transportation Co. (United States), Campbell Transportation (United States), Heartland Barge (United States), Marquette Transportation (United States), Florida Barge Corp (United States), Interbarge SA (Italy), Tidewater (United States), CGB Marine (United States), Magnolia Marine Transport (United States), Samson Tug and Barge (United States) and BCA Intermodal B.V. (Netherlands), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of competitive advantage through combined collaborations.
Influencing Trend:
Advancements in Communication & Navigation Technologies, The Increasing Adoption of IoT & Other Smart Technologies and Subsequent Advancements in Technology Are Resulting In the Development of Technologically Advanced Barges
Market Growth Drivers:
Increasing Intermodal Transportation in Various Industries, Rising Industrialization, Globally and Rising Spending On Research and Development Activities
Challenges:
Lack in the Efficiency and Safety Factor of Barges
Restraints:
A Rise in Railway Transportation
Opportunities:
Various Initiatives Undertaken By Several Governments to Encourage Inland Water Transport and Continued Investments Being Made By Several Governments to Develop Inland Water Transport Infrastructure
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Barge Logistics Transportation Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Barge Logistics Transportation Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Barge Logistics Transportation players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Barge Logistics Transportation Study Sheds Light on
The Barge Logistics Transportation Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Barge Logistics Transportation industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Barge Logistics Transportation industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.