The maritime transportation plays vital role in international trading and economy. Some of the countries relied heavily on it for development of their economies .
The majority of global trade by volume and value is dependent on transportation through ports. The sustainable development of maritime transportation depends on legal frameworks, shipping, and freight markets. The infrastructure development at ports, usage of technology for safe transportation, and consistency in oil prices drives the maritime transportation market.
The research on maritime in automotive & transportation industry aids companies to gain thorough understanding of current and future market status of the industry. It also provides an extensive analysis of factors driving and hindering growth of the industry. The report highlights development trends, opportunities, and detailed segmentation of the market. Policies, recent news, and new findings of industry are mentioned in the study. Significant market statistics have been explored in the study to help investors and stakeholders to formulate various strategies to consolidate their position in the market.