Industry Data & Market Research

2024 U.S. Industry Statistics & Market Forecast - Coastal and Great Lakes Passenger Transportation

Market Size & Industry Statistics

The total U.S. industry market size for Coastal and Great Lakes Passenger Transportation: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.

Forecast / Industry Outlook 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Coastal and Great Lakes Passenger Transportation industry include:
  1. Growing environmental concerns
  2. Shift towards sustainable fuels and practices
  3. Impact of climate change on coastal areas
  4. Increasing regulatory scrutiny and safety standards
  5. Technological advancements in vessel design and navigation systems
  6. Rising demand for luxury and experiential travel
  7. Fluctuating fuel costs
  8. Growth in ecotourism
  9. Aging infrastructure in ports and facilities
  10. Impact of global economic conditions on travel spending
  11. Enhanced focus on sanitation and health safety post-pandemic
  12. Expansion of marine protected areas affecting route access
  13. Integration of digital technology for customer experience enhancements

Product & Services Breakdown

Research products and services in the Coastal and Great Lakes Passenger Transportation industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Transportation Of Boxed, Palletized, And Other Packed Goods, Not Climate-Controlled And Not In Intermodal Tank Containers, By W

Transportation Of Automobiles And Light Trucks By Water

Passenger Transportation By Water

Coastal And Great Lakes Fixed-Route, Passenger Transportation By Water


Related Services

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry Average Percent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Coastal and Great Lakes Passenger Transportation company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Coastal and Great Lakes Passenger Transportation industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Coastal and Great Lakes Passenger Transportation measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 13%

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Chief Executives1%
General and Operations Managers4%
Operations Specialties Managers 5%
Business and Financial Operations Occupations 10%
Business Operations Specialists 7%
Sales and Related Occupations 9%
Sales Representatives, Services 7%
Travel Agents 5%
Travel Agents 5%
Office and Administrative Support Occupations 12%
Transportation and Material Moving Occupations 46%
Water Transportation Workers 32%
Sailors and Marine Oilers 12%
Sailors and Marine Oilers 12%
Ship and Boat Captains and Operators 14%
Captains, Mates, and Pilots of Water Vessels 14%
Ship Engineers 7%
Ship Engineers 7%
Source: Bureau of Labor Statistics

Coastal and Great Lakes Passenger Transportation Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Coastal and Great Lakes Passenger Transportation industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Coastal and Great Lakes Passenger Transportation industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Coastal and Great Lakes Passenger Transportation industry.

Innovation News

Recent Federal Contracts for Coastal and Great Lakes Passenger Transportation

  • Apr 01, 2024: CHANTAL C., INC (Harbor, OR) awarded $1,704,400
  • Mar 13, 2024: SUPPORT VESSELS OF ALASKA, INC. (Homer, AK) awarded $836,900
  • Mar 11, 2024: UNIVERSITY OF GEORGIA RESEARCH FOUNDATION, INC. (Athens, GA) awarded $814,680
  • Mar 07, 2024: KB FISHERIES INC (Kent, WA) awarded $648,530
  • Mar 04, 2024: CETACEAN MARINE, INC. (Moorestown, NJ) awarded $19,053,919
  • Feb 29, 2024: MILLER BOAT LINE, INC. (Put In Bay, OH) awarded $4,214

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