Market Overview:
The global sea-based vehicle carrier market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for sea-based vehicle carriers for transportation of vehicles across different regions. In terms of type, cars carriers are expected to dominate the market during the forecast period, followed by trucks carriers and trailers. In terms of application, domestic transportation is expected to hold a major share in the global sea-based vehicle carrier market during the forecast period, followed by international transportation. North America is estimated to be one of the leading markets for sea-based vehicle carriers in 2018 and is projected to maintain its dominance throughout the forecast period.
Product Definition:
A sea-based vehicle carrier is a large ship used to transport vehicles, typically military vehicles, by sea. Sea-based vehicle carriers are important for transporting military vehicles and equipment to and from naval bases and other locations.
Cars Carrier:
Cars Carrier, also known as Vehicle Carrier (VC), is a vessel that carries cars on water. It can be used for short-sea or long-sea transportation of vehicles. VC has the ability to carry up to eight cars at a time and can travel up to 12 nautical miles from the port without any additional passengers. The main purpose of using VC is cost efficiency in terms of transportation when compared with other modes such as roadways and railways.
Trucks Carrier:
Trucks carrier is a specialized ship that carries several trailers or trucks on its deck. It is mainly used to transport goods from one place to another at lower costs and faster rates as compared to other modes of transportation such as railways and roadways. The demand for trucks carriers has increased in recent years owing to the rise in global trade activities, especially between countries with different languages, cultures, and currencies.
Application Insights:
The international application segment accounted for the largest share of more than 60.0% in 2017. The growth can be attributed to the growing number of overseas military and commercial operations by air, land and sea across various regions including Asia Pacific, Middle East & Africa, North America and Europe. For instance; U.S., Canada and Mexico are collaborating to develop a sea-based transportation system that will enable efficient trade between these countries thereby reducing the transport cost as well as increasing efficiency by reducing time taken for shipment between these countries which is expected to drive industry expansion over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing trade activities across emerging economies, such as China and India. Sea-based vehicle carriers are used for transportation of automobiles, heavy machinery, and other goods between countries in this region. Increasing demand for intermodal transport in Asia Pacific is also anticipated to boost market growth over the forecast period.
The Europe sea-based vehicle carrier industry accounted for a share of more than 20% in 2017 owing to high demand from automotive manufacturers across Germany, France Italy, U.K., Spain among other European countries that prefer sea transport due to its advantages such as flexibility and cost effectiveness when compared with road based transportation methods especially during peak traffic hours or during holiday seasons etcetera which results into higher revenue generation by these companies thus resulting into greater demand from customers worldwide leading towards projected growth rate of 6%.
Growth Factors:
- Increasing demand for sea-based transportation of vehicles
- Growing maritime trade and traffic
- Proliferation of vehicle carrier vessels
- Development of advanced vessel technologies and equipment
- Expansion in global trade
Scope Of The Report
Report Attributes
Report Details
Report Title
Sea-based Vehicle Carrier Market Research Report
By Type
Cars Carrier, Trucks Carrier, Trailers, Railroad Cars Carrier, Other
By Application
Domestic, International
By Companies
AP Moller-Maersk, CEVA Logistics, K Line Logistics, MSC, NYK Line, Sinotrans Logistic
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Sea-based Vehicle Carrier Market Report Segments:
The global Sea-based Vehicle Carrier market is segmented on the basis of:
Types
Cars Carrier, Trucks Carrier, Trailers, Railroad Cars Carrier, Other
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
Domestic, International
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:
- AP Moller-Maersk
- CEVA Logistics
- K Line Logistics
- MSC
- NYK Line
- Sinotrans Logistic
Highlights of The Sea-based Vehicle Carrier 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:
- Cars Carrier
- Trucks Carrier
- Trailers
- Railroad Cars Carrier
- Other
- By Application:
- Domestic
- International
- 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 Sea-based Vehicle Carrier 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
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- 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?
A sea-based vehicle carrier is a type of ship that is used to transport vehicles and other cargo over water.
Some of the major companies in the sea-based vehicle carrier market are AP Moller-Maersk, CEVA Logistics, K Line Logistics, MSC, NYK Line, Sinotrans Logistic.
The sea-based vehicle carrier market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sea-based Vehicle Carrier 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 Sea-based Vehicle Carrier Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sea-based Vehicle Carrier 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 Sea-based Vehicle Carrier 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 Sea-based Vehicle Carrier Market Size & Forecast, 2020-2028
4.5.1 Sea-based Vehicle Carrier Market Size and Y-o-Y Growth
4.5.2 Sea-based Vehicle Carrier 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 Cars Carrier
5.2.2 Trucks Carrier
5.2.3 Trailers
5.2.4 Railroad Cars Carrier
5.2.5 Other
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 Domestic
6.2.2 International
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sea-based Vehicle Carrier 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 Sea-based Vehicle Carrier 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 Cars Carrier
9.6.2 Trucks Carrier
9.6.3 Trailers
9.6.4 Railroad Cars Carrier
9.6.5 Other
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 Domestic
9.10.2 International
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 Cars Carrier
10.6.2 Trucks Carrier
10.6.3 Trailers
10.6.4 Railroad Cars Carrier
10.6.5 Other
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 Domestic
10.10.2 International
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 Cars Carrier
11.6.2 Trucks Carrier
11.6.3 Trailers
11.6.4 Railroad Cars Carrier
11.6.5 Other
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 Domestic
11.10.2 International
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 Cars Carrier
12.6.2 Trucks Carrier
12.6.3 Trailers
12.6.4 Railroad Cars Carrier
12.6.5 Other
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 Domestic
12.10.2 International
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 Cars Carrier
13.6.2 Trucks Carrier
13.6.3 Trailers
13.6.4 Railroad Cars Carrier
13.6.5 Other
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 Domestic
13.10.2 International
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 Sea-based Vehicle Carrier Market: Competitive Dashboard
14.2 Global Sea-based Vehicle Carrier Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AP Moller-Maersk
14.3.2 CEVA Logistics
14.3.3 K Line Logistics
14.3.4 MSC
14.3.5 NYK Line
14.3.6 Sinotrans Logistic
