PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1638086
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1638086
Global Water Bus Market Size Study, by Propulsion (Fuel Powered, Hybrid, Electric), Capacity (Below 50, 51-75, Above 75 Passengers), Operation (Intercity, Intracity), and Regional Forecasts 2024-2030
The global water bus market is projected to grow from USD 1.16 billion in 2024 to USD 1.82 billion by 2032, registering a CAGR of 5.1% during the forecast period 2024-2032. The growth of this market is driven by rising urbanization, the demand for sustainable transportation solutions, and advancements in maritime technologies.
Water buses are emerging as an eco-friendly transportation alternative in urban areas, addressing the challenges of traffic congestion and pollution. They are increasingly integrated into urban mobility strategies, providing an efficient and scenic transportation mode for commuters and tourists. The adoption of hybrid and electric propulsion systems is a notable trend in the market, reflecting the global shift toward greener transportation solutions.
The intercity segment dominates the operation category, owing to its role in reducing urban congestion and linking key metropolitan areas. Additionally, the 51-75 passenger capacity water buses are gaining traction due to their optimal balance of capacity and maneuverability, catering to both commuter and tourist demands.
Europe holds the largest market share, driven by the integration of water buses into public transportation systems in cities like Amsterdam and Venice. Meanwhile, North America is the second-largest market, fueled by investments in modern transit solutions and waterfront developments in cities such as New York and Seattle.
Major market players included in this report are:
- Damen Shipyards Group (Netherlands)
- Incat Crowther (Australia)
- Mavi Deniz Cevre Hiz A.S. (Turkey)
- Ares Shipyard Inc. (Turkey)
- Icarus Marine (South Africa)
The detailed segments and sub-segments of the market are explained below:
By Propulsion:
- Fuel Powered
- Hybrid
- Electric
By Capacity:
- Below 50 Passengers
- 51-75 Passengers
- Above 75 Passengers
By Operation:
- Intercity
- Intracity
By Region:
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of the World
Years considered for the study are as follows:
- Historical year -2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional-level analysis for each market segment.
- Detailed analysis of geographical landscape with country-level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Demand-side and supply-side analysis of the market.
Table of Contents
Chapter 1. Global Water Bus Market Executive Summary
- 1.1. Global Water Bus Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Propulsion
- 1.3.2. By Capacity
- 1.3.3. By Operation
- 1.3.4. By Region
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Water Bus Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.4. Demand Side Analysis
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Water Bus Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Increasing Urbanization and Population Growth
- 3.1.2. Rising Demand for Eco-Friendly and Sustainable Transportation Solutions
- 3.1.3. Advancements in Maritime Technologies
- 3.2. Market Challenges
- 3.2.1. High Investment and Maintenance Costs
- 3.2.2. Limited Infrastructure in Emerging Regions
- 3.3. Market Opportunities
- 3.3.1. Growing Focus on Electric and Hybrid Propulsion Systems
- 3.3.2. Integration with Smart City Initiatives
Chapter 4. Global Water Bus Market Industry Analysis
- 4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
Chapter 5. Global Water Bus Market Size & Forecasts by Propulsion 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Water Bus Market by Propulsion Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Fuel Powered
- 5.2.2. Hybrid
- 5.2.3. Electric
Chapter 6. Global Water Bus Market Size & Forecasts by Capacity 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Water Bus Market by Capacity Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Below 50 Passengers
- 6.2.2. 51-75 Passengers
- 6.2.3. Above 75 Passengers
Chapter 7. Global Water Bus Market Size & Forecasts by Operation 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Water Bus Market by Operation Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Intercity
- 7.2.2. Intracity
Chapter 8. Global Water Bus Market Size & Forecasts by Region 2022-2032
- 8.1. North America
- 8.1.1. U.S.
- 8.1.2. Canada
- 8.1.3. Mexico
- 8.2. Europe
- 8.2.1. UK
- 8.2.2. Germany
- 8.2.3. France
- 8.3. Asia Pacific
- 8.3.1. China
- 8.3.2. India
- 8.3.3. Japan
- 8.4. Rest of the World
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Damen Shipyards Group
- 9.1.2. Incat Crowther
- 9.1.3. Icarus Marine
- 9.2. Company Profiles
Chapter 10. Research Process
- 10.1. Data Mining
- 10.2. Analysis
- 10.3. Market Estimation
- 10.4. Validation
