The tugboat market is expected to grow by 259 units at a CAGR of 14% in the period 2022-2028.Tugboats are a type of boat that man oeuvres large container ships, tankers and cruise ships by pushing and towing them in and around docks and harbors. These boats are also used to maneuver other non-self-propelled ships such as obstacle ships and oil platforms. Tugboats are also used to maneuver large ships to create sideways movement in narrow seas and harbors. Due to its powerful engine capability, tugboats are also used as icebreakers and salvage boats – there are different types of tugboats that are manufactured to meet different requirements such as type of support speed, type of support ship, environmental conditions where they can break through ice as thick as one meter.
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Company Profile
- Damen Shipyards Group
- Sanmar Tugboat
- Ranger Tugs.
- ODC Marine
- Gladding-Hearn
- Fremont Tugboat Company Inc
Market Segmentation
By boat type
- Deep sea tugboat
- Harbor tugboat
- River tugboat
By engine power type
- Less than 1000 Horsepower
- Between 1000 and 2000 Horsepower
- Between 2000 and 5000 Horsepower
- Greater than 5000 Horsepower
Scope of the Report
The research study analyzes the Tugboats Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Tugboats Market Report
- What was the Tugboats Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Tugboats Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Tugboats Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Tugboats market.
- The market share of the Tugboats market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Tugboats market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Tugboats market.
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