Lucintel Anticipates the Global Marine Freight Transportation Service Market to Reach $411.6 Billion by 2017

Lucintel Anticipates the Global Marine Freight Transportation Service Market to Reach $411.6 Billion by 2017

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Insights that Matter

Insights that Matter

Irving, Texas (PRWEB) April 19, 2013

Lucintel observes fragmentation of the marine freight transportation service market, competitive landscape, and corporate strategies adopted by the marine freight transportation companies as some of the factors that significantly affect the global marine freight transportation industry dynamics. The industry revenue is expected to reach $411.6 billion by 2017.

Lucintel, a leading global management consulting and market research firm, has analyzed the top five global marine freight service transportation companies and offers its findings in a comprehensive research report in “Top Five Global Marine Freight Transportation Service Companies: Performance, Strategies, and Competitive Analysis.”

The competitive landscape of this market has had fluctuations over the last five years to affect the top five companies. The industry is highly fragmented and the top three and top five players accounted for approximately 15.1% and 18.7%, respectively, in 2011. The Asia Pacific (APAC) region dominates this market. A combination of factors such as demographics, economic condition, and environmental regulations influences the market considerably.

Lucintel found that high growth in manufacturing and retail sectors, improving liquidity, and the expansion of new regional trade hubs have affected the market dynamics significantly. In 2011, the revenue growth was driven by containerization and increased freight volumes as global economic conditions continue to improve. The following are the top five companies of the global marine freight transportation market:

  •     P. Moller Maersk
  •     Nippon Yusen Kabushiki Kaisha
  •     Kuehne and Nagel
  •     Mitsui O.S.K. Lines
  •     Kawasaki Kisen Kaisha

This discussion presents a comparative analysis of the subject companies along with their respective company overviews, their geographic footprints, financial metrics, market definition and scope, market performance, market strategies and corporate cultures, business structure, and SWOT analysis.

The transportation industry reports analysis found in this report can be utilized for a variety of functional business reasons, including: business development, strategic planning, determination of market size and trends, competitive analysis, and investment decisions.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit http://www.lucintel.com. Lucintel offers a broad range of Industry Research Reports, Market Research Reports, and Management Consulting services.


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