Academy Award Nominations and Winners: |
| Best Picture |
| Best Art Direction: Grant Major; Dan Hennah & Alan Lee |
| Best Film Editing: Michael Horton |
| Best Sound: Christopher Boyes, Michael Semanick, Michael Hedges, and Hammond Peek |
★ | Best Sound Effects: Ethan Van der Ryn & Mike Hopkins |
★ | Best Visual Effects: Jim Rygiel, Joe Letteri, Randall William Cooke, and Alex Funke |
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Golden Globe Nominations and Winners: |
| Best Picture (Drama) |
| Best Director: Peter Jackson |
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Other Awards: |
| British Academy Awards (BAFTAs): Best Costume Design (Ngila Dickson & Richard Taylor); Best Visual Effects |
| Satellite Awards: Best Ensemble Cast; Best Visual Effects |