Mobile Menu

Tugboat & Shipping Navigational Services in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM48833

Tugboat & Shipping Navigational Services in New Mexico industry analysis

The Tugboat & Shipping Navigational Services industry in New Mexico is expected to decline an annualized -x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has stagnated an annualized x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x thousand.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to decrease an annualized -x.x% to x workers, while industry wages are forecast to decrease -x% to $x.x thousand.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

About the Tugboat & Shipping Navigational Services in New Mexico Market Research Report

What’s Included in the Tugboat & Shipping Navigational Services in New Mexico Market Research Report

Definition of the Tugboat & Shipping Navigational Services in New Mexico?

Companies provide navigational services that ensure the safe passage of ships in and out of harbors. The services mainly involve docking and piloting marine vessels. Marine salvage services, which involve the retrieval of cargo or vessels following marine accidents, are also included in this industry.

What’s included in the Tugboat & Shipping Navigational Services in New Mexico?

The Tugboat & Shipping Navigational Services in New Mexico includes cargo salvaging, docking and undocking marine vessels, harbor tugboat services, marine salvaging services, piloting services and radio beacon services. Related terms covered in the Tugboat & Shipping Navigational Services in New Mexico industry report includes legislation that affords protection to domestic water transport operators. the act requires that tugboats operating within us harbors be us-flagged, bulk shipments of goods transported via waterways. includes inland water transportation and ocean transportation and a navigational system involving satellites and computers that can determine the latitude and longitude of a receiver.

Industry Performance of the Tugboat & Shipping Navigational Services industry in New Mexico

Benchmark the Tugboat & Shipping Navigational Services in New Mexico industry performance with all NM county and national performance.

Tugboat & Shipping Navigational Services in New Mexico

#42 in Highest Revenue 0% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Tugboat & Shipping Navigational Services in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Tugboat & Shipping Navigational Services industry in New Mexico

See how key industry drivers, such as population, unemployment rate, median houshold income, total trade value, industrial production index and demand from water transportation are impacting Tugboat & Shipping Navigational Services in New Mexico

New Mexico Economic Indicators

Population
Unemployment Rate
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Total trade value
Industrial production index
Demand from water transportation

For the full list of industry drivers, see report purchase options.

County Data of the Tugboat & Shipping Navigational Services industry in New Mexico

Access proprietary data on county in the Tugboat & Shipping Navigational Services in New Mexico, such as San Juan County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Tugboat & Shipping Navigational Services industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

Need a deeper insight?
Get a free tour.

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Tugboat & Shipping Navigational Services industry in New Mexico in 2025?

The market size of the Tugboat & Shipping Navigational Services industry in New Mexico is $1.3m in 2025.

How many businesses are there in the Tugboat & Shipping Navigational Services industry in New Mexico in 2025?

There are 2 businesses in the Tugboat & Shipping Navigational Services industry in New Mexico, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Tugboat & Shipping Navigational Services industry in New Mexico grown or declined over the past 5 years?

The market size of the Tugboat & Shipping Navigational Services industry in New Mexico has been declining at an average annual rate of -5.0% from 2020 to 2025.

How many employees in the Tugboat & Shipping Navigational Services industry in New Mexico in 2025?

There are 10 employees in the Tugboat & Shipping Navigational Services industry in New Mexico, which has been declining at an average annual rate of 0.0% from 2020 to 2025.