(MENAFN- PR Newswire) North America region holds the second-highest market share in the water bus industry specifically due to rising urbanization and demand for eco-friendly and alternative modes of transportation. Water bus services have been established in cities like New York and Seattle to reduce traffic and offer beautiful travel options. Furthermore, the expansion of water bus services is aided by North America's emphasis on enhancing public transportation infrastructure and investigating environmentally friendly substitutes. North America is a major player in the water bus market, despite having a smaller market than Europe. This is due in part to its investment in modern transit solutions and its growth in waterfront development.
Major players in the water bus companies are Damen Shipyards Group (Netherlands), Icarus Marine (South Africa), Mavi Deniz Çevre Hiz A.S. (Turkey), Incat Crowther (Australia) and Ares Shipyard Inc. (Turkey). These companies have well-equipped, strong distribution networks across North America, Europe, Asia Pacific, the Middle East, Latin America & Africa.
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