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2025 U.S. Industry Statistics & Market Forecast - Navigational Services to Shipping
Market Size & Industry Statistics
The total U.S. industry market size for Navigational Services to Shipping:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Navigational Services to Shipping industry include:- Increased demand for maritime automation and digital solutions
- Greater emphasis on sustainability and environmental protection
- Expansion of global trade routes, particularly in Arctic areas
- Rise in maritime security concerns due to piracy and terrorism
- Implementation of stringent environmental regulations
- Advancements in satellite communication technology
- Growth of the cruise ship industry
- Enhanced port infrastructure for better service integration
- Increased use of big data and analytics for route optimization
- Adoption of AI and IoT for improved navigational efficiency
- Shift towards autonomous ships
- Impact of global economic fluctuations on shipping volumes
- Development of new international maritime policies and standards
Product & Services Breakdown
Research products and services in the Navigational Services to Shipping industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Towing Services By Water |
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Tugboat Services |
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Navigational Services For Marine Vessels |
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Marine Salvaging Services |
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U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Navigational Services to Shipping company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Navigational Services to Shipping industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Navigational Services to Shipping measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 9% | Order at top of page |
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| Top Executives | 5% | |||
| Chief Executives | 0% | |||
| General and Operations Managers | 5% | |||
| Office and Administrative Support Occupations | 10% | |||
| Installation, Maintenance, and Repair Occupations | 8% | |||
| Transportation and Material Moving Occupations | 65% | |||
| Motor Vehicle Operators | 5% | |||
| Water Transportation Workers | 21% | |||
| Sailors and Marine Oilers | 8% | |||
| Sailors and Marine Oilers | 8% | |||
| Ship and Boat Captains and Operators | 11% | |||
| Captains, Mates, and Pilots of Water Vessels | 11% | |||
| Material Moving Workers | 31% | |||
| Crane and Tower Operators | 6% | |||
| Crane and Tower Operators | 6% | |||
| Laborers and Material Movers | 15% | |||
| Laborers and Freight, Stock, and Material Movers, Hand | 14% | |||
Navigational Services to Shipping Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Navigational Services to Shipping industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Navigational Services to Shipping industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Navigational Services to Shipping industry. |
Source:
Latest Industry News
- Fletcher Construction fatality reported in Vanuatu - A Fletcher Construction worker has been killed at a wharf in Vanuatu’s Port Vila. The man was allegedly struck on the side by a heavy construction tool, be (07/10/2025)
- Ship attacked by Yemen’s Houthi rebels sinks in the Red Sea, 6 of 25 aboard rescued - A Liberian-flagged cargo ship attacked by Yemen’s Houthi rebels sank Wednesday in the Red Sea, and a European naval force in the Mideast said only six of the 25 (07/10/2025)
- Prime Day streaming deals LIVE — all the latest discounts on some of the best streaming services and devices from $0.99 - BET Plus is a premium streaming service launched in September 2019 by BET Networks and Tyler Perry Studios. It offers original series, movies, documentaries, stand-up, and classics from creators like Tyler Perry, Gabrielle Union, Kevin Hart, and Lee Daniels. (07/09/2025)
- Kerala's Shipping And Inland Navigation Corporation Launches New Backwater Cruise To Pizhala - In a move set to invigorate monsoon tourism, the Kerala Shipping and Inland Navigation Corporation (KSINC) has launched daily cruise services to the island of Pizhala, nestled within the Kadamakkudy archipelago. (07/06/2025)
- 7 Essential Tips for Stress-Free Car Shipping to Your Door - The shipping method doesn’t only apply to enclosed or open air. You must have precise pickup and drop-off locations for your door-to-door service. Be extremely explicit about the time, date, and location of both pickup and drop-off. It may help to have a backup location ready in case of traffic, construction, or weather events. (07/01/2025)
- Clean energy powers inland waterway shipping - The rapid development of new energy technologies is underway in the inland waterway shipping sector to align navigation practices with environmental concerns by transitioning vessels to liquefied natural gas, battery, methanol and hydrogen fuel power sources, a senior transportation official said on Friday. (06/30/2025)
- German shipping triumphs in annual maritime hockey tournament - When you click on “Accept all”, you consent to ads on this site being customized to a personal profile we or our advertising partners may have about you. Choose “Customize or Reject all” if you want to manage your settings in more detail. You can change your settings at any time via the link in the footer of each page. (06/27/2025)
- ‘We make people sweat’: How hacking experts are scaring shipping giants into action - Couldn't resolve component "default" at "/:pathMatch (.*)?/:lcsId ( [0-9]\- [0-9]\- [0-9]+| [0-9]- [0-9]- [0-9]+PT [0-9]+)" (06/27/2025)
- Shipping sector goes greener with new energy sources - China is rapidly adopting new energy technologies in inland waterway shipping sector to align navigation practices with environmental concerns by transitioning vessels to liquefied natural gas, battery, methanol and hydrogen fuel power sources, a senior transport official said on Friday. (06/27/2025)
- Largest Maritime Navigation System Upgrade In Decades - Land Information Minister Chris Penk says the $28.6 million Budget 2025 funding secures the future of shipping, tourism and the maritime economy – highlighting the Government's commitment to back economic growth. (06/19/2025)
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