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Research Reports incorporated a definite business overview and investigation
inclines on "Barge Market ".
This report likewise incorporates more illumination about fundamental review of
the business including definitions, requisitions and worldwide business sector
industry structure.
Recent oil discoveries in Venezuela and West African
countries coupled with increasing investments pertaining to the development of
small ports and canal systems have fuelled the barge market globally. Many
leading barge manufacturers have achieved record earnings driven primarily by
strong marine fuel sales. Barge manufacturing companies are revamping their
barge facilities to add more production slots. Today numerous shipping
companies maintain a fleet of barges for moving materials of varying sizes from
large ships.
Segmentation of the barge market can be done on the
basis of technology, applications and geography based on both manufacturing
facility and end user locations. Depending upon the technology employed, barges
may be classified as unpowered or powered barges. The unpowered barges move
according to the water current or use a tugboat to drag it across the water
channels. In this case both the first mate and the captain remain in the
tugboats, as the tugboat provides power and steers the barge. On the other hand
powered barges are self propelled and do not require a tug boat’s assistance.
On self propelled barges the captain and the first mate are on the barge
itself.
Although power barges are costlier than their
counterparts but they act as a faster mode of transportation. Power barges are
moored in the harbors and may have a self contained step-up transformer. Gas
turbines or diesel is used for the start-up operations. Some recently built
power ships are fitted with used reciprocating engines and a large bore dual
fuel diesel engine that runs on heavy oil. According to the application areas,
barges are classified as dry bulk cargo barge, liquid cargo barge, jack up
barge, hopper barge, paddle barge, crane barge, splitz barge, and others.
Barges are used today for transporting low-value bulk items, as the cost of
hauling goods using a barge is very low. The barges may also vary in size
according to the size of the cargo they carry.
Regional segmentation of the overall barge market
can be done based on both manufacturing facility and end user locations. Some
key barge manufacturing regions are the North America (United States), Europe
(Denmark, Germany, Netherlands, Poland, United Kingdom, Russia, and Norway),
Asia Pacific (China, Thailand and Australia) and Rest of the World (Brazil,
Venezuela and South Africa). End user countries include the North America
(United States, Canada and Mexico), Europe (Russia, India, and Japan), Middle
East and Africa (MEA) and Rest of the World (Venezuela).
Cheap transportation costs, heavy dependence on
crude oil, easy inland transportation, large carrying capacities and
versatility (in terms of cargo carried) are some of the factors likely to drive
growth in the barge market. Self-propelled barges are costlier, while non
powered barges are slower which may prove to be a restraint to the barge
market. New oil discoveries, increase in size of ships and construction of new
smaller ports has made it difficult for the ships to enter into these ports,
hence bolstering the opportunities for the barge market.
The Barge market is fragmented in nature, with
several small companies and private barge owners competing for market share.
Some key players in the barge manufacturing market are Kirby Freeport, Marine
systems Included, Greenbrier Company, Ingram Barge Company, Bowcrest Marine,
KBH Marine Industry Sdn.Bhd, Navios South American Logistics Inc., and
Ultrapetrol Limited and others.
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This research report analyzes this market depending
on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This report is a
complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This
report provides pin-point analysis for changing competitive dynamics
- It
provides a forward looking perspective on different factors driving or
restraining market growth
- It
provides a technological growth map over time to understand the industry
growth rate
- It
provides a seven-year forecast assessed on the basis of how the market is
predicted to grow
- It
helps in understanding the key product segments and their future
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