TUGBOATS MARKET TOP KEY PLAYERS AND FUTURE SCOPE

The tugboat market size was valued at USD 497.2 million in 2023 and is expected to be worth USD 533.6 million in 2024. The market is projected to reach USD 1114.2 million by 2032, recording a CAGR of 9.6% during the forecast period. Tugboats are specialized marine vessels designed to assist and maneuver other ships by pulling or pushing them.

The global hydrogen aircraft market size was valued at USD 533.29 million in 2023. The market is expected to expand from USD 610.09 million in 2024 to USD 5,122.48 million by 2032, exhibiting a CAGR of 30.47% over the study period. A hydrogen aircraft is an aircraft that deploys hydrogen as a power source and fuel for operations. The increasin