Navigational Services to Shipping Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This industry comprises establishments primarily engaged in providing navigational services to shipping. Marine salvage establishments are included in this industry. Illustrative Examples: Docking and undocking marine vessel services Piloting services, water transportation Marine vessel traffic reporting services Tugboat services, harbor operation
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Navigational Services to Shipping industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Navigational Services to Shipping companies in the United States.
Navigational Services to Shipping Revenue by State
Distribution by Company Size
| Company Size | All Industries | Navigational Services to Shipping |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Navigational Services to Shipping Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Navigational Services to Shipping industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total | Included |
| Tugboat services |
| Marine salvaging services |
| Towing services |
| Navigational services to shipping |
| Other products |
| Marine facility services |
| Maintenance and repair services for maritime vessels |
| Water transportation related services |
| Water transportation related services, nec |
Salary information for employees working in the Navigational Services to Shipping industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 4% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 2% |
| Office and Administrative Support Occupations | 10% |
| Installation, Maintenance, and Repair Occupations | 7% |
| Transportation and Material Moving Occupations | 71% |
| Water Transportation Workers | 20% |
| Sailors and Marine Oilers | 9% |
| Sailors and Marine Oilers | 9% |
| Ship and Boat Captains and Operators | 9% |
| Captains, Mates, and Pilots of Water Vessels | 8% |
| Material Moving Workers | 39% |
| Industrial Truck and Tractor Operators | 6% |
| Industrial Truck and Tractor Operators | 6% |
| Laborers and Material Movers, Hand | 25% |
| Laborers and Freight, Stock, and Material Movers, Hand | 25% |
Government Contracts
The federal government spent an annual total of
$55,811,097 on the navigational services to shipping industry. It has awarded 1,199 contracts to 80 companies, with an average value of $697,639 per company.
Top Companies in Navigational Services to Shipping and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
