Middle East Dredging Market - Industry Trends and Forecast to 2031
The Middle East dredging market is expected to reach USD 2,138,401.31 thousand by 2031 from USD 1,764,544.75 thousand in 2023, growing with a CAGR of 2.50% during the forecast period of 2024 to 2031.
Market SegmentationMiddle East Dredging Market, By Offering (Mechanical Dredgers, Hydraulic Dredgers, Mechanical/Hydraulic Dredgers, Hydrodynamic Dredgers, and Auxiliary Equipment), Service Type (Maintenance Dredging, Capital Dredging, and Remedial Dredging), Material (Sandy & Gravel, Clay & Slit, Rock, and Others), Dredging Depth (Shallow Water Dredging and Deep Water Dredging), Area of Operation (Sea, Harbour, River, Lakes & Canals, and Others), Transportation Mode (Pipeline and Barges), Deployment (Offshore and Onshore), Application (Urban Development, Trade Activity, Trade Maintenance, Coastal Protection, Energy Infrastructure, Land Reclamation, and Leisure), End-User (Oil & Gas, Metal & Mining, Renewables, Government, and Food & Agriculture), Country (Saudi Arabia, U.A.E., Egypt, Israel, Qatar, Bahrain, Kuwait, Oman, and Rest of Middle East) - Industry Trends and Forecast to 2031
Overview of Middle East Dredging Market Dynamics
Driver
• Rapid growth in mining activities across the Middle East region
Restraint
• Stringent government regulations related to environmental safety
Opportunity
• Rising investment in infrastructure development in the Middle East region
Market PlayersSome of the major market players operating in the Middle East dredging market are:• Boskalis
• Tidewater Co.
• Holland Dredging Industries BV
• DEME
• Jan De Nul
• ARCHIRODON S.A.
• National Marine Dredging Company
• Union Dredgers & Marine Contracting LLC
• Gulf Cobla (L.L.C.)
• Van Oord nv
• Xylem
• LAGERSMIT
• Al Nasser Holdings LLC
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