Market Overview:
The global marine barges 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 increasing demand for marine barges for offshore and deep sea applications. North America is expected to lead the market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Marine barges are vessels used to transport goods and materials over water. They are typically flat-bottomed boats that can be towed or pushed by a tugboat. Marine barges are an important means of transportation for goods and materials, especially in areas where there is no available port or other means of transportation.
Hopper Barge:
Hopper barges are a type of marine barge used to transport bulk quantities of goods. They have a large capacity and can carry multiple loads at once. Hopper barges are often used for the transportation of oil, petrochemicals, grains, ore and coal in large quantities from suppliers to refineries or processing plants.
Cargo Barge:
Cargo barges are large flat-bottomed boats, generally with a beam of around 40 feet and a depth of approximately 20 feet. They are used to transport goods such as liquid bulk cargoes, general cargo and containerized units on the water. Cargo barges can be operated by using either diesel or electric power sources. The engine is usually located in the middle of the boat; however, in some cases it is mounted at one end (the bow).
Application Insights:
The offshore segment dominated the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for marine services in oil & gas activities, particularly in deep water areas. Marine services are used extensively across offshore platforms as they offer flexibility and efficiency by moving around heavy equipment onshore, thereby reducing operational costs for operators.
The deep sea segment is expected to witness significant growth over the forecast period owing to rising exploration activities off Africa and Asia Pacific which require large-scale logistics support for drilling rigs and other vessels operating in harsh environments such as freezing temperatures with high waves present near Antarctica waters.
Regional Analysis:
Asia Pacific dominated the global marine barges market in terms of revenue with a share of over 40% in 2017. This is attributed to increasing offshore activities and deep sea exploration projects across this region. For instance, China has increased its investments in marine infrastructure owing to the growing demand for domestic oil products from fuel-efficient vehicles.
North America is expected to witness significant growth over the forecast period owing to offshore energy developments along with rising oil production from shale gas reserves across this region which will drive demand for efficient transportation and storage facilities, thereby supporting market growth. Moreover, increasing trade among economies such as U.S.
Growth Factors:
- Increasing demand for marine barges from the oil and gas industry for offshore drilling and production activities.
- Growing demand for marine barges in the construction sector for transportation of heavy equipment and materials.
- Rising popularity of modular barges as an alternative to traditional vessels, which is driving the growth of the market.
- Proliferation of maritime trade due to globalization is expected to boost the demand for marine barges over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Barges Market Research Report
By Type
Hopper Barge, Cargo Barge
By Application
Offshore, Deep Sea
By Companies
Trinity Marine Products, Daewoo Shipbuilding & Marine Engineering, SBM Offshore, Keppel Offshore & Marine, Samsung Heavy Industries, Mitsubishi Heavy Industries, Malaysian Marine and Heavy Engineering Holdings Berhad, Marketex Marine, Gunderson Marine, RPS Barge, Ingram Barge
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Marine Barges Market Report Segments:
The global Marine Barges market is segmented on the basis of:
Types
Hopper Barge, Cargo Barge
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
Offshore, Deep Sea
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:
- Trinity Marine Products
- Daewoo Shipbuilding & Marine Engineering
- SBM Offshore
- Keppel Offshore & Marine
- Samsung Heavy Industries
- Mitsubishi Heavy Industries
- Malaysian Marine and Heavy Engineering Holdings Berhad
- Marketex Marine
- Gunderson Marine
- RPS Barge
- Ingram Barge
Highlights of The Marine Barges 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:
- Hopper Barge
- Cargo Barge
- By Application:
- Offshore
- Deep Sea
- 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 Marine Barges 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?
Marine barges are large, flat-bottomed boats used to transport cargo and passengers on water. They are typically powered by a propeller or a motor, and can hold up to 100 tons of cargo or up to 800 passengers.
Some of the major companies in the marine barges market are Trinity Marine Products, Daewoo Shipbuilding & Marine Engineering, SBM Offshore, Keppel Offshore & Marine, Samsung Heavy Industries, Mitsubishi Heavy Industries, Malaysian Marine and Heavy Engineering Holdings Berhad, Marketex Marine, Gunderson Marine, RPS Barge, Ingram Barge.
The marine barges 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 Marine Barges 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 Marine Barges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Marine Barges 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 Marine Barges 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 Marine Barges Market Size & Forecast, 2018-2028
4.5.1 Marine Barges Market Size and Y-o-Y Growth
4.5.2 Marine Barges Market Absolute $ Opportunity
Chapter 5 Global Marine Barges 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 Marine Barges Market Size Forecast by Type
5.2.1 Hopper Barge
5.2.2 Cargo Barge
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Marine Barges 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 Marine Barges Market Size Forecast by Applications
6.2.1 Offshore
6.2.2 Deep Sea
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Marine Barges 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 Marine Barges 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 Marine Barges Analysis and Forecast
9.1 Introduction
9.2 North America Marine Barges 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 Marine Barges Market Size Forecast by Type
9.6.1 Hopper Barge
9.6.2 Cargo Barge
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 Marine Barges Market Size Forecast by Applications
9.10.1 Offshore
9.10.2 Deep Sea
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 Marine Barges Analysis and Forecast
10.1 Introduction
10.2 Europe Marine Barges 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 Marine Barges Market Size Forecast by Type
10.6.1 Hopper Barge
10.6.2 Cargo Barge
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 Marine Barges Market Size Forecast by Applications
10.10.1 Offshore
10.10.2 Deep Sea
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 Marine Barges Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Marine Barges 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 Marine Barges Market Size Forecast by Type
11.6.1 Hopper Barge
11.6.2 Cargo Barge
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 Marine Barges Market Size Forecast by Applications
11.10.1 Offshore
11.10.2 Deep Sea
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 Marine Barges Analysis and Forecast
12.1 Introduction
12.2 Latin America Marine Barges 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 Marine Barges Market Size Forecast by Type
12.6.1 Hopper Barge
12.6.2 Cargo Barge
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 Marine Barges Market Size Forecast by Applications
12.10.1 Offshore
12.10.2 Deep Sea
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) Marine Barges Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Marine Barges 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) Marine Barges Market Size Forecast by Type
13.6.1 Hopper Barge
13.6.2 Cargo Barge
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) Marine Barges Market Size Forecast by Applications
13.10.1 Offshore
13.10.2 Deep Sea
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 Marine Barges Market: Competitive Dashboard
14.2 Global Marine Barges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trinity Marine Products
14.3.2 Daewoo Shipbuilding & Marine Engineering
14.3.3 SBM Offshore
14.3.4 Keppel Offshore & Marine
14.3.5 Samsung Heavy Industries
14.3.6 Mitsubishi Heavy Industries
14.3.7 Malaysian Marine and Heavy Engineering Holdings Berhad
14.3.8 Marketex Marine
14.3.9 Gunderson Marine
14.3.10 RPS Barge
14.3.11 Ingram Barge
