Dredging is an activity of excavating unwanted materials from the water environment. The rise in requirements of various infrastructure projects, such as solar, hydro, and renewable energy are the prime factor triggering the growth of the dredging market over the forecast period. Further, the rapid increase in marine activities, continuous development of urban areas, and increasing the need to purify water bodies are also augmenting the dredging market growth.
MARKET DYNAMICS
The increase in global trade activities and the rise in transportation of goods through the sea are fueling the demand for dredging, which significantly impact the growth of the dredging market. Moreover, a rise in investments towards various energy infrastructure, growing expansion of port infrastructure, and an increase in exploration of oil and gas are expected to influence the growth of the dredging market in the coming years.
MARKET SCOPE
The "Global Dredging Market Analysis to 2028" is a specialized and in-depth study of the dredging industry with a special focus on the global market trend analysis. The report aims to provide an overview dredging market with detailed market segmentation as application, customer, and geography. The global dredging market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading dredging market players and offers key trends and opportunities in the dredging market.
MARKET SEGMENTATION
The global dredging market is segmented on the basis of application, customer. On the basis of application the market is segmented as trade activity, trade maintenance, energy infrastructure, urban development, coastal protection, leisure. On the basis of customer the market is segmented as government, oil and gas companies, mining companies, renewables, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global dredging market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The dredging market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting dredging market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the dredging market in these regions.
MARKET PLAYERS
The reports cover key developments in the dredging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Dredging market are anticipated to lucrative growth opportunities in the future with the rising demand for dredging in the global market. Below mentioned is the list of few companies engaged in the dredging market.
The report also includes the profiles of key dredging companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- DEME Group
- Dredging, Environmental and Marine Engineering NV (DEME)
- Great Lakes Dredge & Dock Corporation
- Jan De Nul Group
- National Marine Dredging Company
- Penta-Ocean Construction Co., Ltd.
- Royal Boskalis Westminster N.V
- Royal IHC
- TOA Corporation
- Van Oord NV
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