Global passenger ferry market size [2021-2028] | Industry share, growth factors, revenue, competitive landscape and forecast – QNT Press Release


Pune, India, December 22, 2021 (Global News Service)-Global Passenger Ferry Market Due to the increasing use of high-tech ferries during the forecast period, the scale is expected to grow. This information is published by Fortune Business Insights™ in the forthcoming report entitled “Passenger Ferry Market, 2021-2028”. It is a type of ship or steamship used to transport passengers across inland canals, oceans and oceans. These ferries can be an important part of the public transportation system in cities near the coast or large waters, islands, or areas with a large number of canals and rivers. The market is likely to be driven by population growth, an increase in the number of road accidents and traffic congestion.

Industrial Development-

  • December 2019: Mitsubishi Shipbuilding Corporation has agreed to reach an agreement with Mitsui OSK Lines to build Japan’s first ferry powered by liquefied natural gas. The two warships will be completed and delivered at the Shimonoseki Shipyard and Machinery Plant at the end of 2022 or early 2023.

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COVID-19 impact-

Supply chain disruption hinders growth

COVID-19 travel restrictions have led to a sharp decrease in the number of passengers carried, and passenger ferry services have ceased…

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