Global Dredging Supply, Demand and Key Producers, 2023-2029

Global Dredging Supply, Demand and Key Producers, 2023-2029

The global Dredging market size is expected to reach $ 31490 million by 2029, rising at a market growth of 4.8% CAGR during the forecast period (2023-2029).

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%.

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.

This report studies the global Dredging demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Dredging, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Dredging that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Dredging total market, 2018-2029, (USD Million)

Global Dredging total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Dredging total market, key domestic companies and share, (USD Million)

Global Dredging revenue by player and market share 2018-2023, (USD Million)

Global Dredging total market by Type, CAGR, 2018-2029, (USD Million)

Global Dredging total market by Application, CAGR, 2018-2029, (USD Million).

This reports profiles major players in the global Dredging market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include China Communications Construction Company (CCCC), Boskalis, Jan De Nul Group, DEME Group, Van Oord, NMDC Group, Penta - Ocean Construction Co, Great Lakes Dredge & Dock and Inai Kiara, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Dredging market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Dredging Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Dredging Market, Segmentation by Type
Maintenance Dredging
Capital Dredging
Mineral Dredging
Environmental Remedial Dredging

Global Dredging Market, Segmentation by Application
Water Transportation
Energy Engineering
Urban & Tourism
Others

Companies Profiled:
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

Key Questions Answered

1. How big is the global Dredging market?

2. What is the demand of the global Dredging market?

3. What is the year over year growth of the global Dredging market?

4. What is the total value of the global Dredging market?

5. Who are the major players in the global Dredging market?

6. What are the growth factors driving the market demand?