Global Car Ferries Market Insights and Forecast to 2028

A ferry is a merchant vessel used to carry passengers, and sometimes vehicles and cargo as well, across a body of water. Most ferries operate regular return services. A passenger ferry with many stops, such as in Venice, Italy, is sometimes called a water bus or water taxi. Ferries form a part of the public transport systems of many waterside cities and islands, allowing direct transit between points at a capital cost much lower than bridges or tunnels. However, ship connections of much larger distances (such as over long distances in water bodies like the Mediterranean Sea) may also be called ferry services, especially if they carry vehicles.
Market Analysis and Insights: Global Car Ferries Market
Due to the COVID-19 pandemic, the global Car Ferries market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Monohull accounting for % of the Car Ferries global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Commercial segment is altered to an % CAGR throughout this forecast period.
China Car Ferries market size is valued at US$ million in 2021, while the US and Europe Car Ferries are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Car Ferries landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Car Ferries include Armon Shipyards, Astilleros Jose Valiña, Austal USA, Blount Boats, inc., Brodosplit Shipyard, Construcciones Navales Del Norte, DAEWOO SHIPBUILDING, Damen and Eastern Shipbuilding Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Car Ferries capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Car Ferries by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Car Ferries Scope and Segment
Car Ferries market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Car Ferries market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Monohull
Multihull
Segment by Application
Commercial
Individual
By Company
Armon Shipyards
Astilleros Jose Valiña
Austal USA
Blount Boats, inc.
Brodosplit Shipyard
Construcciones Navales Del Norte
DAEWOO SHIPBUILDING
Damen
Eastern Shipbuilding Group
Estaleiros Navais de Peniche
Fassmer
Fincantieri - Cantieri Navali Italiani
Fiskerstrand Verft A/S
General Dynamics NASSCO
Grup Aresa Internacional
Hijos de J. Barreras
Hike Metal Products
HYUNDAI HEAVY INDUSTRIES
HYUNDAI MIPO DOCKYARD
Incat Crowther
Kleven Maritime AS
Meyer Turku
Meyer Werft
MITSUBISHI HEAVY INDUSTRIES - Ship & Ocean
Nichols
Reflex Advanced Marine
Remontowa
Rodriquez
Simek AS
UKI Workboat
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E