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OverviewAPI
The global passenger ferries market is set to exceed USD 15.0 billion by 2031, driven by a projected 7.1% CAGR from 2023. Major market players like BC Ferries and Stena Line are joined by emerging competitors Baleària and Trasmediterranea, expanding their fleets. Technological advancements in vessel design and eco-friendly features are fueling innovation and competitiveness.

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