Tugboat Market Size, Share, Growth, Analysis | Forecast 2033

A vital part of the marine sector is tugboats, which are specialized boats made to help larger ships maneuver and dock. A number of important market factors are contributing to the notable expansion of the worldwide tugboat services industry. There is a greater need for tugboat services as a result of the growth in international trade and ship traffic. Additionally, the increase of international trade is a major factor driving the tugboat market. The need for tugboats to help move ships in harbors and during offshore operations has increased as global shipping activity rises.