Global Dredging Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Dredging Market 2023 by Company, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Dredging market size was valued at USD 22700 million in 2022 and is forecast to a readjusted size of USD 31490 million by 2029 with a CAGR of 4.8% during review period.

Dredging is the maritime transportation of natural materials from one part of the water environment to another by specialised dredging vessels. It involves collecting and bringing up, fishing up or clearing away or out material and / or any object from the bed of a river, sea, etc.; transporting it to the relocation site and unloading the material or object. The purpose for dredging can be maintenance of the depth or the deepening of navigation accesses or channels, it can also be land reclamation, coastal protection, seabed stabilisation for the offshore energy installations or the removal of contaminated sediments. In fact, in a usual dredging cycle, self-propelled trailing suction hopper dredgers, barges and other ships spend the majority of their time sailing back and forth between extraction sites and placement sites, transporting materials between the port and the borrow site; sailing between borrow sites; and sailing from sites where material has been extracted to unloading or placement sites.

Global key players of Dredging include China Communications Construction Company (CCCC), Boskalis, Jan De Nul Group, DEME Group, etc. The top four players hold a share over 49%.

Asia-Pacific is the largest market, has a share about 50%, followed by Europe and North America, with share 25% and 13%, separately.

In terms of product type, Capital Dredging is the largest segment, occupied for a share of 37%, and in terms of application, Water Transportation has a share about 59%.

The Global Info Research report includes an overview of the development of the Dredging industry chain, the market status of Water Transportation (Maintenance Dredging, Capital Dredging), Energy Engineering (Maintenance Dredging, Capital Dredging), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Dredging.

Regionally, the report analyzes the Dredging markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Dredging market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Dredging market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Dredging industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Maintenance Dredging, Capital Dredging).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Dredging market.

Regional Analysis: The report involves examining the Dredging market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Dredging market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Dredging:

Company Analysis: Report covers individual Dredging players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Dredging This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Water Transportation, Energy Engineering).

Technology Analysis: Report covers specific technologies relevant to Dredging. It assesses the current state, advancements, and potential future developments in Dredging areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Dredging market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Dredging market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Maintenance Dredging
Capital Dredging
Mineral Dredging
Environmental Remedial Dredging

Market segment by Application
Water Transportation
Energy Engineering
Urban & Tourism
Others

Market segment by players, this report covers
China Communications Construction Company (CCCC)
Boskalis
Jan De Nul Group
DEME Group
Van Oord
NMDC Group
Penta - Ocean Construction Co
Great Lakes Dredge & Dock
Inai Kiara
Hyundai Engineering and Construction Co
TOA Corporation
Orion Marine Group
Weeks Marine
Gulf Cobla
Dredging Corporation of India

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Dredging product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Dredging, with revenue, gross margin and global market share of Dredging from 2018 to 2023.

Chapter 3, the Dredging competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Dredging market forecast, by regions, type and application, with consumption value, from 2024 to 2029.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War

Chapter 12, the key raw materials and key suppliers, and industry chain of Dredging.

Chapter 13, to describe Dredging research findings and conclusion.