Compared to Tugs, Which Are Primarily Designed to Tow or Propel Large Ships or Barges, Multi-purpose Tugs Are Designed for a Much Wider Range of Tasks in the Offshore Sector. Multi-purpose Tugs Are Often Equipped with Powerful Winches, Offshore Cranes, and Planking Decks. in Addition to Critical Tasks Such As Towing Offshore Construction Vessels and Setting and Retrieving Anchors and Navigational Water Buoys, the Multipurpose Tug is Also Used for Replenishment and Auxiliary Dredging. Its Low Draft Makes This Vessel Type Particularly Suitable for Inshore and Shallow Water Operations, While Its Powerful Propulsion System Allows It to Maneuver Safely Even in Strong Ocean Currents.
This report contains market size and forecasts of Multi-purpose Tugs in global, including the following market information:
Global Multi-purpose Tugs Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Multi-purpose Tugs Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Multi-purpose Tugs companies in 2021 (%)
The global Multi-purpose Tugs market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Above 50T Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Multi-purpose Tugs include Robert Allan, Kongsberg Maritime, Crowley Maritime, Fassmer, Mapso, Eregli Shipyard, Nippon Yusen Kaisha, IHI Power System and Siem Offshore and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Multi-purpose Tugs manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Multi-purpose Tugs Market, Bollard Pulling Force, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Multi-purpose Tugs Market Segment Percentages, Bollard Pulling Force, 2021 (%)
Above 50T
20T - 50T
Below 20T
Global Multi-purpose Tugs Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Multi-purpose Tugs Market Segment Percentages, by Application, 2021 (%)
Ocean Area
Port Area
Inland river Area
Global Multi-purpose Tugs Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Multi-purpose Tugs Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Multi-purpose Tugs revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Multi-purpose Tugs revenues share in global market, 2021 (%)
Key companies Multi-purpose Tugs sales in global market, 2017-2022 (Estimated), (Units)
Key companies Multi-purpose Tugs sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Robert Allan
Kongsberg Maritime
Crowley Maritime
Fassmer
Mapso
Eregli Shipyard
Nippon Yusen Kaisha
IHI Power System
Siem Offshore
Fairplay Towage Group