Press release
Global Dredging Market to Surpass US$ 16 Bn in Revenues by 2022
The global dredging market has witnessed its share of ups and downs over past decade, and especially during post economic crisis years. However, with the recovery in global economy, the global trade grew significantly. Spurt in global infrastructure activities has necessitated the need for expansion of existing ports, and development of new ones. Additionally, considering the fact that over 85% of global trade is carried out through sea trade, maintaining existing pathways and creating new ones has gained prominence.Click for Sample Copy of the Report here @ https://www.factmr.com/connectus/sample?flag=S&rep_id=922
According to UNCTAD, global seaborne trade volumes surpassed 10 billion tons in 2015, with shipments expanding by over 2%. The outlook on global seaborne trade remains overly positive, with seaborne trade volume growth projection of over 3% for next five year. Furthermore, upcoming projects, such as One Belt and One Road Initiative (OBOR) likely to provide growth opportunities to dredging industry.
The need for robust seaborne infrastructure vis-à-vis dredging services can also be appraised by looking at the emphasis as well as investment governments are bucketing for seaborne infrastructure. Realizing the potential, European bigwigs jumped on the driving seat long back and has been stirring the industry.
With the world population expanding in the coastal areas, more land requires to be protected and reclaimed. In addition, a rise in sea levels has been observed, on the back of global warming, is increasing risk of natural calamities, particularly in the coastal areas. Owing to these incidences, the dredging market has been gaining traction over the past few years.
Various initiatives are being taken by the governments as well as the global leaders in the dredging market, in order to support and enhance the dredging activities. For example – the U.S. Army Corps of Engineers (USACE), along with five ports of the Lower Columbia River are commencing process of public scoping for preparing a long-term maintenance plan and an integrated statement of environmental impact for the federal navigation channel of the Lower Columbia River. Such initiatives will continue to influence growth of the dredging market in the near future.
For more information, click on the link @ https://www.factmr.com/report/922/dredging-market
Dredging Market: Opportunities Abundant in Urban Development
While dredging seeks extensive application across various areas ranging from trade activity to coastal protection, revenues from dredging activities in urban development will increase at a relatively higher rate through 2022, according to the study. Rapid rise in urbanization has resulted in development of cities in terms of growth and innovation in recent years. The 2016 report of the UN Habitat states that over 54% of the global population resides in cities. With urbanization illustrating no signs of abating, more people are moving to cities, thereby putting pressure on administrators to offer space amidst influx of population density growth in their area.
In dredging market, land reclamation is gaining traction as go-to option among city planners, who deal with overwhelming pressures of urbanization. This has further led to immense requirement for dredging activities, which in turn has been favoring growth of the dredging market. Urban development entailed requirement for dredging has remained dominant in the dredging market, and the status quo is likely to prevail in the near future.
The swell in infrastructure activities worldwide has driven the requirement for expansion of the existing ports, along with the development of new ones. This has further underpinned expansion of the dredging market significantly. Considering the fact that, bulk activities of the global trade are carried out via sea, maintenance of existing pathways, while creating new ones, is gaining increased emphasis. Dredging activities related to trade maintenance are likely to hold major revenue share of the dredging market, second to that of urban development related activities.
Preeminence of Asia-Pacific excluding Japan (APEJ) in the dredging market is likely to prevail in the upcoming years. In North America, majority of the dredging market is likely to remain consolidated in the U.S. Revenues from the dredging market in the U.S are set to exceed US$ 1,300 Mn by 2022-end. In Europe, the U.K., France and Germany will collaboratively lead the dredging market, with the study estimating these European countries to collectively account for US$ 1,800 Mn revenues by 2022-end.
Any Query Discuss with Our Expert Team @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=922
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Dredging Market to Surpass US$ 16 Bn in Revenues by 2022 here
News-ID: 1208545 • Views: …
More Releases from Fact.MR

Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decoding…

Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke …
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleaners…

Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offering…

Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 …
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhance…
More Releases for Europe
2019 Strategy Consulting Market Analysis | McKinsey, The Boston Consulting Group …
Strategy Consulting Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends
Need for strategic planning in highly competitive environment and to develop business capabilities to meet & exceed the emerging requirements are the major drivers which help in surging…
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The key players covered in this study
McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe…
Digital Strategy Consulting Market is Thriving Worldwide with Deloitte, McKinsey …
A Digital Strategy is a form of strategic management and a business answer or response to a digital question, often best addressed as part of an overall business strategy. A digital strategy is often characterized by the application of new technologies to existing business activity and focus on the enablement of new digital capabilities to their business.
A new report as a Digital Strategy Consulting market that includes a comprehensive analysis…
Strategy Consulting Market 2019: By McKinsey, The Boston Consulting Group, Bain …
This report studies the global Strategy Consulting market, analyzes and researches the Strategy Consulting development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• McKinsey
• The Boston Consulting Group
• Bain & Company
• Booz & Co.
• Roland Berger Europe
• Oliver Wyman Europe
• A.T. Kearney Europe
• Deloitte
• Accenture Europe
Get Sample Report@ https://www.reporthive.com/enquiry.php?id=1247388&req_type=smpl&utm_source=AB
Market segment by Type, the product can be split into
• Operations Consultants
• Business Strategy Consultants
• Investment Consultants
• Sales and…
Strategy Consulting Market Analysis 2018: McKinsey, The Boston Consulting Group, …
Orbis Research Present’s “Global Strategy Consulting Market” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage.
The global Strategy Consulting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Strategy Consulting development in United States, Europe and China.
In 2017, the global Strategy Consulting market size was million US$ and it is expected to reach million…
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This…