Global Dredging Engineering Service Market Growth (Status and Outlook) 2023-2029

Global Dredging Engineering Service Market Growth (Status and Outlook) 2023-2029

The global Dredging Engineering Service market size is projected to grow from US$ 21590 million in 2022 to US$ 30690 million in 2029; it is expected to grow at a CAGR of 5.2% from 2023 to 2029.

United States market for Dredging Engineering Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Dredging Engineering Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Dredging Engineering Service is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Dredging Engineering Service players cover 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. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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.

LPI (LP Information)' newest research report, the “Dredging Engineering Service Industry Forecast” looks at past sales and reviews total world Dredging Engineering Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Dredging Engineering Service sales for 2023 through 2029. With Dredging Engineering Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Dredging Engineering Service industry.

This Insight Report provides a comprehensive analysis of the global Dredging Engineering Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Dredging Engineering Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Dredging Engineering Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Dredging Engineering Service and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Dredging Engineering Service.

This report presents a comprehensive overview, market shares, and growth opportunities of Dredging Engineering Service market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Maintenance Dredging
Capital Dredging
Mineral Dredging
Environmental Remedial Dredging

Segmentation by application
Water Transportation
Energy Engineering
Urban & Tourism
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.