Inland Waterways Vessels Market: A Clear Understanding Of The Competitive Landscape And Key Product Segments 2020 - 2030
Inland Waterways Vessels Market : Introduction According to Organization for Economic Co-operation and Development (OECD), inland waterway vessels are defined as floating craft particularly designed for the carriage of goods and/or public transport of passengers, navigating predominantly in areas where port regulations apply (i.e. navigable inland waterways or in waters within, or closely adjacent to sheltered waters of a country) Rise in globalization has significantly boosted the import and export of various products among countries. Therefore, the need for transportation of various consumer goods and/or transport of public from region to region is expected to offer lucrative opportunity for the inland waterways vessels market. Key Drivers of Inland Waterways Vessels Market Rapid expansion of the logistics and shipping industry is likely to propel the global inland waterways vessels market. Rise in trading activities across various industries around the world is likely to i...