Global Multipurpose ASD Tugs Market Growth 2024-2030

Global Multipurpose ASD Tugs Market Growth 2024-2030

Multipurpose ASD Tugs have multiple functions, such as fire-fighting, ice-breaking, environmental protection, patrolling, piloting, etc. Azimuth stern drive (ASD) tug is a tug where normal propellers and shafts have been replaced by azimuthing propulsion units, which enables the propeller and its associated nozzle to rotate about its vertical axis (360° rotation). The position of the propulsion units is identical to that of a conventional twin-screw tug. Just as with a twin-screw tug, these propulsion units can operate independently, making it possible for the tug to move forwards, backwards, sideways and turn around its own axis with great precision. The towing point on an ASD tug is located on the foredeck; however some ASD tugs may have additional towing points on their after decks, thus enabling them to function in a similar manner to a conventional twin-screw tug (but with increased manoeuvrability).

The global Multipurpose ASD Tugs market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Multipurpose ASD Tugs Industry Forecast” looks at past sales and reviews total world Multipurpose ASD Tugs sales in 2023, providing a comprehensive analysis by region and market sector of projected Multipurpose ASD Tugs sales for 2024 through 2030. With Multipurpose ASD Tugs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Multipurpose ASD Tugs industry.

This Insight Report provides a comprehensive analysis of the global Multipurpose ASD Tugs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Multipurpose ASD Tugs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Multipurpose ASD Tugs market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Multipurpose ASD Tugs and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Multipurpose ASD Tugs.

United States market for Multipurpose ASD Tugs is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Multipurpose ASD Tugs is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Multipurpose ASD Tugs is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Multipurpose ASD Tugs players cover Damen Shipyards Group, Sanmar, Rosetti Marino, UZMAR Shipyard, Med Marine, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Multipurpose ASD Tugs market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Diesel Drive
Hybrid Drive

Segmentation by Application:
Marine Towage
Weigh Anchor
Firefighting
Patrolling
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Damen Shipyards Group
Sanmar
Rosetti Marino
UZMAR Shipyard
Med Marine
Jiangsu Zhenjiang Shipyard
GuiJiang ShipBuilding

Key Questions Addressed in this Report

What is the 10-year outlook for the global Multipurpose ASD Tugs market?

What factors are driving Multipurpose ASD Tugs market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Multipurpose ASD Tugs market opportunities vary by end market size?

How does Multipurpose ASD Tugs break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.