Global Barge Logistics Transportation Market Overview:
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.
- Increasing Intermodal Transportation in Various Industries
- Rising Industrialization, Globally
- Rising Spending On Research and Development Activities
- Advancements in Communication & Navigation Technologies
- The Increasing Adoption of IoT & Other Smart Technologies
- Subsequent Advancements in Technology Are Resulting In the Development of Technologically Advanced Barges
- A Rise in Railway Transportation
- Various Initiatives Undertaken By Several Governments to Encourage Inland Water Transport
- Continued Investments Being Made By Several Governments to Develop Inland Water Transport Infrastructure
- Lack in the Efficiency and Safety Factor of Barges
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.
Some of the key players profiled in the report are 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). Additionally, following companies can also be profiled that are part of our coverage like Celtic Marine and Logistics (United States) and AgriChem Marine Transportation (United States). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Barge Logistics Transportation market by 2025. Considering Market by Barge Fleet Type, the sub-segment i.e. Open will boost the Barge Logistics Transportation market. Considering Market by Water Bodies Used, the sub-segment i.e. Rivers will boost the Barge Logistics Transportation market. Considering Market by Barge Activities, the sub-segment i.e. Intracoastal Transportation will boost the Barge Logistics Transportation market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Barge Logistics Transportation market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Barge Logistics Transportation market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Government Regulatory, Enterprise Users, Commercial Users and Industrial Users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.