2024 Navigational Services to Shipping Industry Statistics Report

Navigational Services to Shipping - Market Size and Industry Forecast

The 2024 Navigational Services to Shipping Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Navigational Services to Shipping industry.

Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

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.

Navigational Services to Shipping - 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

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesNavigational Services to Shipping
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Navigational Services to Shipping - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


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

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Navigational Services to Shipping - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Navigational Services to Shipping - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


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

Navigational Services to Shipping - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%


Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations10%
Installation, Maintenance, and Repair Occupations7%
Transportation and Material Moving Occupations71%
Water Transportation Workers20%
Sailors and Marine Oilers9%
Sailors and Marine Oilers9%
Ship and Boat Captains and Operators9%
Captains, Mates, and Pilots of Water Vessels8%
Material Moving Workers39%
Industrial Truck and Tractor Operators6%
Industrial Truck and Tractor Operators6%
Laborers and Material Movers, Hand25%
Laborers and Freight, Stock, and Material Movers, Hand25%

Government Contracts

In the past, 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.

Navigational Services to Shipping and Adjacent Industries - Top Companies

($ Millions)


Navigational Services to Shipping Industry Research
GeographyUnited States  
Publication DateMay 2024
Report FormatPDF Download  PDF

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