Market Overview:
The global deep sea, coastal, and great lakes water transportation market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increase in maritime trade and rise in demand for water transportation services for cargo and passengers. In addition, the development of new ports and terminals is also contributing to the growth of this market. The global deep sea, coastal, and great lakes water transportation market can be segmented by type into deep sea transportation, coastal transportation, and great lakes water transportation. The coastal transportations segment is projected to grow at a higher CAGR during the forecast period as compared to other segments due its lower cost as compared to other modes of transport such as rail or roadways. Moreover, it offers door-to-door delivery service which helps reduce transit time for goods transported through waterways. On basis of application ,the global deep sea ,coastal ,and great lakes water Transportation Market can be divided into two segments:transportation services sector & entertainment sector .Transportation services sector accounted for majority share in 2017 owing high utilization by commercial shippers across various regions .However entertainment sector is anticipated witness highest CAGR over next few years on account growing popularity cruise tourism industry coupled with increasing disposable income levels across developing countries .Regionally North America commanded largest revenue share followed by Europe in 2017 .
Product Definition:
Deep Sea, Coastal, and Great Lakes Water Transportation is the transportation of goods and passengers by water between deep sea ports, coastal ports, and Great Lakes ports. The importance of Deep Sea, Coastal, and Great Lakes Water Transportation is that it provides a safe and efficient way to transport goods and passengers.
Deep Sea Transportation:
Deep sea transportation is the movement of cargo and passengers using ships or boats. Deep Sea Transportation industry has been growing at a significant rate owing to increasing trade activities between countries, rising demand for oil & gas, and changing consumer trends across the globe. The growth in global seaborne trade has led to an increase in demand for deep-sea transport which is expected to drive market growth over the forecast period.
Coastal Transportation:
Coastal transportation and it's usage in deep sea, coastal, and great lakes water transportation market is expected to witness significant growth over the forecast period. The primary factor that propels the growth of this market includes rising demand for safe, eco-friendly, and cost-effective mode of transport across various regions. In addition, growing population coupled with increasing disposable income leads to rise in demand for passenger travel which further fuels up the growth of this market.
Application Insights:
The transportation segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. Transportation of goods between different locations on land is very important for various industries, including mining, construction, and agriculture. The entertainment segment also held a considerable share in 2017 owing to increasing number of cruise ships plying across various watersports-oriented destinations globally.
The others application segment includes water supply & sanitation services and wastewater treatment services. Water supply & sanitation are considered as one of the essential utilities by governments worldwide due to rapid urbanization along with other infrastructure developments that have led to increased demand for water transportation globally over recent years. In addition, growing population coupled with industrialization has led to an increase in demand for fresh water around the world which has further driven this industry globally since 2015 according to maritime trends data published by Oceania Cruises Ltd.
Regional Analysis:
North America dominated the market in terms of revenue with a share of over 40.0% in 2017. This is attributed to increasing tourism and fishing activities across the region, which has led to an increase in water transportation services for both commercial and recreational purposes. The U.S.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising demand from countries such as China, India, South Korea, Japan among others due to rapid urbanization along with growing population and rising disposable incomes leading towards increased spending on leisure activities such as fishing trips & cruises among others that would drive this regional market further. Moreover increasing investments by governments are also anticipated to boost growth through coastal cities development projects including ports connectivity roads terminals etc.
Growth Factors:
- Increasing demand for seafood and other aquatic products from coastal and deep sea fisheries
- Rapid growth in international trade and globalization of supply chains
- Proliferation of megacities with high-density populations near coastlines
- Expansion of the Panama Canal and other maritime infrastructure projects
- Growing awareness of the environmental benefits of marine transportation
Scope Of The Report
Report Attributes
Report Details
Report Title
Deep Sea, Coastal, and Great Lakes Water Transportation Market Research Report
By Type
Deep Sea Transportation, Coastal Transportation, Great Lakes Water Transportation
By Application
Transportation, Entertainment, Others
By Companies
Carnival, A.P. Moller, MSC Mediterranean Shipping, K-Line, Seacor Holdings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Deep Sea, Coastal, and Great Lakes Water Transportation Market Report Segments:
The global Deep Sea, Coastal, and Great Lakes Water Transportation market is segmented on the basis of:
Types
Deep Sea Transportation, Coastal Transportation, Great Lakes Water Transportation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, Entertainment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Carnival
- A.P. Moller
- MSC Mediterranean Shipping
- K-Line
- Seacor Holdings
Highlights of The Deep Sea, Coastal, and Great Lakes Water Transportation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Deep Sea Transportation
- Coastal Transportation
- Great Lakes Water Transportation
- By Application:
- Transportation
- Entertainment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Deep Sea, Coastal, and Great Lakes Water Transportation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Deep sea, coastal, and Great Lakes water transportation refers to the movement of goods and people by boat on inland waterways.
Some of the major companies in the deep sea, coastal, and great lakes water transportation market are Carnival, A.P. Moller, MSC Mediterranean Shipping, K-Line, Seacor Holdings.
The deep sea, coastal, and great lakes water transportation market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Deep Sea, Coastal, and Great Lakes Water Transportation Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Deep Sea, Coastal, and Great Lakes Water Transportation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Deep Sea, Coastal, and Great Lakes Water Transportation Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Deep Sea, Coastal, and Great Lakes Water Transportation Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Deep Sea, Coastal, and Great Lakes Water Transportation Market Size & Forecast, 2020-2028
4.5.1 Deep Sea, Coastal, and Great Lakes Water Transportation Market Size and Y-o-Y Growth
4.5.2 Deep Sea, Coastal, and Great Lakes Water Transportation Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Deep Sea Transportation
5.2.2 Coastal Transportation
5.2.3 Great Lakes Water Transportation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Entertainment
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Deep Sea, Coastal, and Great Lakes Water Transportation Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Deep Sea, Coastal, and Great Lakes Water Transportation Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Deep Sea Transportation
9.6.2 Coastal Transportation
9.6.3 Great Lakes Water Transportation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Entertainment
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Deep Sea Transportation
10.6.2 Coastal Transportation
10.6.3 Great Lakes Water Transportation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Entertainment
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Deep Sea Transportation
11.6.2 Coastal Transportation
11.6.3 Great Lakes Water Transportation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Entertainment
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Deep Sea Transportation
12.6.2 Coastal Transportation
12.6.3 Great Lakes Water Transportation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Entertainment
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Deep Sea Transportation
13.6.2 Coastal Transportation
13.6.3 Great Lakes Water Transportation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Entertainment
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Deep Sea, Coastal, and Great Lakes Water Transportation Market: Competitive Dashboard
14.2 Global Deep Sea, Coastal, and Great Lakes Water Transportation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carnival
14.3.2 A.P. Moller
14.3.3 MSC Mediterranean Shipping
14.3.4 K-Line
14.3.5 Seacor Holdings
