Water Bus Market worth $1.64 billion by 2030 - Exclusive Report by MarketsandMarkets
DELRAY BEACH, Fla., Sept. 9, 2024 /PRNewswire/ -- The Water Bus Market is estimated to be USD 1.22 billion in 2024 and is projected to reach USD 1.64 billion by 2030 at a CAGR of 5.1 % from 2024 to 2030 according to a new report by MarketsandMarkets. Water Bus market is facing growth, driven by increasing urbanization, the rising demand for sustainable and efficient public transportation solutions, and advancements in maritime technologies. The key factors that contributes to the growth includes the adoption of eco-friendly propulsion systems, such as hybrid and fully electric engines. The market is expected to witness substantial investments and strategic partnerships aimed at enhancing operational efficiency. Water bus manufacturers are focusing on developing fuel-efficient and electric water buses which will cater to the customers preferences. Growth in the urban mobility strategies is leading to a higher demand for sustainable travel options. These are among some of the factors that are providing growth for the Water Bus Market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264760668
Browse in-depth TOC on "Water Bus Market"
199 – Tables
51 – Figures
203 – Pages
Water Bus Market Report Scope:
Report Coverage |
Details |
Market Revenue in 2024 |
$ 1.22 billion |
Estimated Value by 2030 |
$ 1.64 billion |
Growth Rate |
Poised to grow at a CAGR of 5.1% |
Market Size Available for |
2020–2030 |
Forecast Period |
2024–2030 |
Forecast Units |
Value (USD Million/Billion) |
Report Coverage |