This industry comprises establishments primarily engaged in providing inland water transportation.



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The market was valued $79 billion in 2017 and is expected to is expected to register high growth rates due to increasing investments in transportation networks in remote areas and increasing connectivity in emerging economies such as India, China, and Brazil, increasing government investments, low oil prices and increasing adoption of big data analytics to analyze consumer behaviour.



Asia Pacific was the largest geographic region accounting for half of the market share due to a large population, presence of extensive public and private transportation network and government subsidies for transportation services.



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China was the largest country accounting for one-fifth percent of the market share. This is due to the presence of an extensive transportation network, high disposable income and a large customer base which includes both B2B and B2C customers. The USA is followed by China and India.



The major competitors in the market are American Commercial Lines LLC, Ingram Industries, AP Moller -Maersk A/S, Jeff boat, LLC, European Cruise Service. American Commercial Lines LLC provides marine transportation and related logistics services for business clients in the North and South America. The company owns and operates a fleet of liquid cargo and dry cargo barge lines, towboats, trans-loading facilities, and terminals.



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