Barge Transportation Market Size [2022-2028] | Industry Size, Share, Growth & Fo… – Press Release

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Pune, India, March 13, 2022 (GLOBE NEWSWIRE) — The global barge transportation market size is predicted to inflate on account of the surging usage in inland waterways for delivery in numerous industries such as chemicals, agricultural products, and so on.

Industry Development:

June 2021: Ingram Marine Group grouped with Cenac Marine Services, Main Iron Works, and other shareholders to hold a ceremony regarding the M/V Adrienne M. Moore and honoring of the M/V Tom Cornwell.

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Barge Transportation Market Growth Factors:

Barge transportation can be measured as a cost-friendly and great-capacity method of transportation in comparison with other approaches of transport, such as road, rail, and air.

Barges can sustain higher loads and guarantee safety, predominantly when it comes to the mobility of large volumes of cargo. Consequently, the implementation of barges is predicted to upsurge over the forecast period.

  • Rise In E-Commerce Business and Policy support to Drive The barge transportation market Growth
  • Growing Digitalization in Automotive to Propel Market Growth
  • Increase in Vehicle Production and Sales Will Set a Positive Trend for Market Growth
  • New Technological Advancement in Bearing Will Improve Market Growth
  • Increasing Digitization to Set a Positive Trend for Market Growth
  • Rising Focus of Governments for Imposition of Strict Regulatory Standards on Automotive Industry to Drive Market Growth
  • Increasing Penetration of Internet of Things (IoT)-based Technology to Fuel Market Growth
  • Increased Use Of Emerging New Game-Changing Technologies to Set a Positive Trend For barge transportation market Growth

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Market Segments:

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