Global Tug Boat Market Insights, Forecast to 2025

  • Publish Date: Sep, 2018
  • Report ID: 301569
  • Category: Automotive
  • Pages: 117

This industry study presents the global Tug Boat market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Tug Boat production, revenue and market share by manufacturers, key regions and type;

The consumption of Tug Boat in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Damen Shipyards, Sanmar Tugboat, etc.

A tug boat is a type of boat that maneuvers large container ships, tankers and cruiser ships by pushing or towing them in and around dockyards and harbors.

Ongoing developments in the shipping industry across the globe will act as a key driver for the tug boat market. Rising demand as well as usage of large and bulky ships for transportation will also fuel the demand for tug boats.

Global Tug Boat market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Tug Boat.

The following manufacturers are covered in this report:

Damen Shipyards

Sanmar Tugboat

Ranger Tugs

ODC Marine


Fremont Tugboat


Norfolk Tug

Tug Boat Breakdown Data by Type

Deep Sea Tugboat

Harbor Tugboat

River Tugboat


Tug Boat Breakdown Data by Application





Tug Boat Production by Region

United States




South Korea


Other Regions

Tug Boat Consumption by Region

North America

United States







South Korea













Rest of Europe

Central & South America


Rest of South America

Middle East & Africa

GCC Countries



South Africa

Rest of Middle East & Africa

The study objectives are:

To analyze and research the global Tug Boat status and future forecast,involving, production, revenue, consumption, historical and forecast.

To present the key Tug Boat manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.

To segment the breakdown data by regions, type, manufacturers and applications.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions.

To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Tug Boat :

History Year: 2013 - 2017

Base Year: 2017

Estimated Year: 2018

Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Tug Boat market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

1 Study Coverage

1.1 Tug Boat Product

1.2 Key Market Segments in This Study

1.3 Key Manufacturers Covered

1.4 Market by Type

1.4.1 Global Tug Boat Market Size Growth Rate by Type

1.4.2 Deep Sea Tugboat

1.4.3 Harbor Tugboat

1.4.4 River Tugboat

1.4.5 Others

1.5 Market by Application

1.5.1 Global Tug Boat Market Size Growth Rate by Application

1.5.2 Food

1.5.3 Oil

1.5.4 Chemical

1.5.5 Other

1.6 Study Objectives

1.7 Years Considered

2 Executive Summary

2.1 Global Tug Boat Market Size

2.1.1 Global Tug Boat Revenue 2013-2025

2.1.2 Global Tug Boat Production 2013-2025

2.2 Tug Boat Growth Rate (CAGR) 2018-2025

2.3 Analysis of Competitive Landscape

2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)

2.3.2 Key Tug Boat Manufacturers Tug Boat Manufacturing Base Distribution, Headquarters Manufacturers Tug Boat Product Offered Date of Manufacturers Enter into Tug Boat Market

2.4 Key Trends for Tug Boat Markets & Products

3 Market Size by Manufacturers

3.1 Tug Boat Production by Manufacturers

3.1.1 Tug Boat Production by Manufacturers

3.1.2 Tug Boat Production Market Share by Manufacturers

3.2 Tug Boat Revenue by Manufacturers

3.2.1 Tug Boat Revenue by Manufacturers (2013-2018)

3.2.2 Tug Boat Revenue Share by Manufacturers (2013-2018)

3.3 Tug Boat Price by Manufacturers

3.4 Mergers & Acquisitions, Expansion Plans

4 Tug Boat Production by Regions

4.1 Global Tug Boat Production by Regions

4.1.1 Global Tug Boat Production Market Share by Regions

4.1.2 Global Tug Boat Revenue Market Share by Regions

4.2 United States

4.2.1 United States Tug Boat Production

4.2.2 United States Tug Boat Revenue

4.2.3 Key Players in United States

4.2.4 United States Tug Boat Import & Export

4.3 Europe

4.3.1 Europe Tug Boat Production

4.3.2 Europe Tug Boat Revenue

4.3.3 Key Players in Europe

4.3.4 Europe Tug Boat Import & Export

4.4 China

4.4.1 China Tug Boat Production

4.4.2 China Tug Boat Revenue

4.4.3 Key Players in China

4.4.4 China Tug Boat Import & Export

4.5 Japan

4.5.1 Japan Tug Boat Production

4.5.2 Japan Tug Boat Revenue

4.5.3 Key Players in Japan

4.5.4 Japan Tug Boat Import & Export

4.6 South Korea

4.6.1 South Korea Tug Boat Production

4.6.2 South Korea Tug Boat Revenue

4.6.3 Key Players in South Korea

4.6.4 South Korea Tug Boat Import & Export

4.7 India

4.7.1 India Tug Boat Production

4.7.2 India Tug Boat Revenue

4.7.3 Key Players in India

4.7.4 India Tug Boat Import & Export

4.8 Other Regions

5 Tug Boat Consumption by Regions

5.1 Global Tug Boat Consumption by Regions

5.1.1 Global Tug Boat Consumption by Regions

5.1.2 Global Tug Boat Consumption Market Share by Regions

5.2 North America

5.2.1 North America Tug Boat Consumption by Application

5.2.2 North America Tug Boat Consumption by Countries

5.2.3 United States

5.2.4 Canada

5.2.5 Mexico

5.3 Europe

5.3.1 Europe Tug Boat Consumption by Application

5.3.2 Europe Tug Boat Consumption by Countries

5.3.3 Germany

5.3.4 France

5.3.5 UK

5.3.6 Italy

5.3.7 Russia

5.4 Asia Pacific

5.4.1 Asia Pacific Tug Boat Consumption by Application

5.4.2 Asia Pacific Tug Boat Consumption by Countries

5.4.3 China

5.4.4 Japan

5.4.5 South Korea

5.4.6 India

5.4.7 Australia

5.4.8 Indonesia

5.4.9 Thailand

5.4.10 Malaysia

5.4.11 Philippines

5.4.12 Vietnam

5.5 Central & South America

5.5.1 Central & South America Tug Boat Consumption by Application

5.5.2 Central & South America Tug Boat Consumption by Country

5.5.3 Brazil

5.6 Middle East and Africa

5.6.1 Middle East and Africa Tug Boat Consumption by Application

5.6.2 Middle East and Africa Tug Boat Consumption by Countries

5.6.3 GCC Countries

5.6.4 Egypt

5.6.5 South Africa

6 Market Size by Type

6.1 Global Tug Boat Production by Type

6.2 Global Tug Boat Revenue by Type

6.3 Tug Boat Price by Type

7 Market Size by Application

7.1 Overview

7.2 Global Tug Boat Breakdown Dada by Application

7.2.1 Global Tug Boat Consumption by Application

7.2.2 Global Tug Boat Consumption Market Share by Application (2013-2018)

8 Key Industry Players

8.1 Damen Shipyards

8.1.1 Damen Shipyards Company Details

8.1.2 Production and Revenue of Tug Boat

8.1.3 Damen Shipyards Tug Boat Product Description

8.1.4 SWOT Analysis

8.1.5 Damen Shipyards Economic Activity & Plans

8.2 Sanmar Tugboat

8.2.1 Sanmar Tugboat Company Details

8.2.2 Production and Revenue of Tug Boat

8.2.3 Sanmar Tugboat Tug Boat Product Description

8.2.4 SWOT Analysis

8.2.5 Sanmar Tugboat Economic Activity & Plans

8.3 Ranger Tugs

8.3.1 Ranger Tugs Company Details

8.3.2 Production and Revenue of Tug Boat

8.3.3 Ranger Tugs Tug Boat Product Description

8.3.4 SWOT Analysis

8.3.5 Ranger Tugs Economic Activity & Plans

8.4 ODC Marine

8.4.1 ODC Marine Company Details

8.4.2 Production and Revenue of Tug Boat

8.4.3 ODC Marine Tug Boat Product Description

8.4.4 SWOT Analysis

8.4.5 ODC Marine Economic Activity & Plans

8.5 Gladding-Hearn

8.5.1 Gladding-Hearn Company Details

8.5.2 Production and Revenue of Tug Boat

8.5.3 Gladding-Hearn Tug Boat Product Description

8.5.4 SWOT Analysis

8.5.5 Gladding-Hearn Economic Activity & Plans

8.6 Fremont Tugboat

8.6.1 Fremont Tugboat Company Details

8.6.2 Production and Revenue of Tug Boat

8.6.3 Fremont Tugboat Tug Boat Product Description

8.6.4 SWOT Analysis

8.6.5 Fremont Tugboat Economic Activity & Plans


8.7.1 MERRE Company Details

8.7.2 Production and Revenue of Tug Boat

8.7.3 MERRE Tug Boat Product Description

8.7.4 SWOT Analysis

8.7.5 MERRE Economic Activity & Plans

8.8 Norfolk Tug

8.8.1 Norfolk Tug Company Details

8.8.2 Production and Revenue of Tug Boat

8.8.3 Norfolk Tug Tug Boat Product Description

8.8.4 SWOT Analysis

8.8.5 Norfolk Tug Economic Activity & Plans

9 Entry Strategy for Key Countries

9.1 Entry Strategy for United States Market

9.2 Entry Strategy for China Market

9.3 Entry Strategy for India Market

10 Production Forecasts

10.1 Tug Boat Production and Revenue Forecast

10.1.1 Global Tug Boat Production Forecast 2018-2025

10.1.2 Global Tug Boat Revenue Forecast 2018-2025

10.2 Tug Boat Production and Revenue Forecast by Regions

10.2.1 Global Tug Boat Revenue Forecast by Regions

10.2.2 Global Tug Boat Production Forecast by Regions

10.3 Tug Boat Key Producers Forecast

10.3.1 United States

10.3.2 Europe

10.3.3 China

10.3.4 Japan

10.3.5 South Korea

10.3.6 India

10.4 Forecast by Type

10.4.1 Global Tug Boat Production Forecast by Type

10.4.2 Global Tug Boat Revenue Forecast by Type

11 Consumption Forecast

11.1 Tug Boat Consumption Forecast by Application

11.2 Tug Boat Consumption Forecast by Regions

11.3 North America Market Consumption Forecast

11.3.1 North America Tug Boat Consumption Forecast by Regions 2018-2025

11.3.2 United States

11.3.3 Canada

11.3.4 Mexico

11.4 Europe Market Consumption Forecast

11.4.1 Europe Tug Boat Consumption Forecast by Regions 2018-2025

11.4.2 Germany

11.4.3 France

11.4.4 UK

11.4.5 Italy

11.4.6 Russia

11.5 Asia Pacific Market Consumption Forecast

11.5.1 Asia Pacific Tug Boat Consumption Forecast by Regions 2018-2025

11.5.2 China

11.5.3 Japan

11.5.4 South Korea

11.5.5 India

11.5.6 Australia

11.5.7 Indonesia

11.5.8 Thailand

11.5.9 Malaysia

11.5.10 Philippines

11.5.11 Vietnam

11.6 Central & South America Market Consumption Forecast

11.6.1 Central & South America Tug Boat Consumption Forecast by Regions 2018-2025

11.6.2 Brazil

11.7 Middle East and Africa Market Consumption Forecast

11.7.1 Middle East and Africa Tug Boat Consumption Forecast by Regions 2018-2025

11.7.2 GCC Countries

11.7.3 Egypt

11.7.4 South Africa

12 Opportunities & Challenges, Threat and Affecting Factors

12.1 Market Opportunities

12.2 Market Challenges

12.3 Porter\'s Five Forces Analysis

12.4 Affecting Factors

12.4.1 GDP for Major Regions

12.4.2 Population and Labor Considered for Forecast

12.4.3 Disposable Income Considered for Forecast

12.4.4 Price of Raw Materials in Dollars: Evolution

13 Key Findings in the Global Tug Boat Study

14 Appendix

14.1 Research Methodology

14.1.1 Methodology/Research Approach Research Programs/Design Market Size Estimation Market Breakdown and Data Triangulation

14.1.2 Data Source Secondary Sources Primary Sources

14.2 Author Details

14.3 Disclaimer


Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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