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The infographic below contains key findings from our analysis of the sea-based vehicle carrier market
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Several major players in the vehicle shipping industry are increasingly focusing on capturing larger market share and strategic partnerships and acquisitions due to the low car freight rates, low profitability or delays in return of investments, and the need for high capital investments. This minimizes the cost of scrapping the ships lying idle in ports and cut down the excess capacity in vessels, which in turn, will positively influence the market. Technavio’s market research report identifies that the consolidation in the shipping industry will be one of the primary growth drivers for the global sea-base vehicle carrier market till 2022. Technavio’s market research analysts predict that the market will grow at a CAGR of more than 5% by 2022.
The demand for electric vehicles (EV) is increasing with the growth in the automobile industry. However, EVs and hybrid vehicles are expensive and more difficult to transport in comparison to other vehicles. This is due to the presence of heavier weight lithium-ion batteries and the need for expertise during loading and offloading, which in turn, enable shipping companies to generate more revenue by transporting EVs and hybrid vehicles. The rising demand for EVs is identified as one of the key trends that will gain traction in the sea-base vehicle carrier market during the projected period.
The sea-based vehicle carrier market is characterized by the presence of a large number of vendors. The market research report provides analysis of key auto transport companies of the market and the strategies they follow to sustain in the competitive environment of the roll-on roll-off market. The report also offers information about various research and developmental activities the players focus on to come up with innovative solutions.
This research report provides an analysis of various companies in the market including
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In terms of geography, the roll-on roll-off market is witnessing growth in the APAC region and will continue to grow in this region during the estimated period due to growth in the automobile industry in various leading countries such as Japan, India, and China.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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