Inland waterways vessels are those that operate in the waters of a particular country unlike seas and ocean that is classified as international waters. Inland waterways vessels offer an excellent mode of transporting goods since they have higher loading capacity than road vehicles. Besides, inland waterways vessels also serve to bring down traffic on roads. Industry players are continuously investing in R&D to increase the efficiency of inland waterways vessels and improve the safety significantly. Other things proving beneficial to the market are lower emissions caused by the inland waterways market.

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Inland waterways vessels market has a very strong market growth in the future due to growth in tourism and also alternate channel for transportation of goods. The global inland waterways vessels market is receiving a major boost from the incorporation of latest, advanced technologies to improve performance. Apart from that, strict standards for making ships reliable and fit for operations in waterways is also having a positive impact on the inland waterways vessels market. These standards not just help to improve safety but also enable to bring down operating costs of inland waterways vessels. Many inland waterways vessels use GPRS facilities, advanced navigation systems, and GPS technology for import and export. The non-passenger vessels segment holds majority of share in inland waterways vessels market at present and is predicted to increase due to increase in transportation of liquid and dry cargo.

Global Inland Waterways Vessels Market Key Players

Some of the key market participants in inland waterways vessels market are-

European Cruise Service
CMA CGM Group
Sanmar
Rhenus Group
Viking Carrier Vibrating Equipment
Sneed Shipbuilding
Bayliner
Sembcorp Marine
Wisdom Marine
Ilshin Shipping

The Inland Waterways Vessels Market Regional Analysis Includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
CIS and Russia
Asia-Pacific (China, India, ASEAN, South Korea)
Japan
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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Inland waterways vessels market has a very strong market growth in the future due to growth in tourism and also alternate channel for transportation of goods. The global inland waterways vessels market is receiving a major boost from the incorporation of latest, advanced technologies to improve performance.

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