Dredging Market Comprehensive Study Including Major Key Players- China Harbour Engineering Company Ltd., Van Oord NV, DEME Group, Jan De Nul N.V

Dredging is an important industry with its uses in many spheres. As the population of the world keeps on increasing, particularly in the coastal areas, more amount of coastal land needs to be reclaimed and protected from erosion and floods, giving rise to the need of dredging in the coastal areas. Also, due to the increasing sea levels because of global warming, more and more coastal areas are experiencing floods and to prevent such natural disasters or to mitigate their effects, dredging is required. Moreover, as the volume of global trade increases, more and more goods are shipped through the sea using large vessels or ships. Due to this, port infrastructure needs to be expanded and for this purpose dredging is required to keep the ports working. Also, due to a rising demand of oil and gas, exploration for such energy resources is done in remote areas, requiring construction of ports where dredging is required. Lastly, since global tourism industry is also increasing, beaches are needed to be kept in good condition and for this reason dredging is done in such areas as well.

For Requesting a Sample Copy of This Report, Please Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4821

The global Dredging market is slated to touch a value of nearly US$ 16,500 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.

4 Forecast Highlights on Global Dredging Market

- As per the forecast of Future Market Insights, the trade maintenance
application type segment is slated to touch a value of nearly US$ 3,150 Mn
in the year 2022. This represents a sluggish CAGR growth during the
assessment period of 2017-2022. The trade maintenance application type
segment is estimated to account for nearly one-fifth of the revenue share of
the application segment by the year 2017 end and is expected to lose in
market share by the year 2022 end.
- As per the forecast of Future Market Insights, the O&G companies customer
type segment will reach a value of nearly US$ 3,330 Mn in the year 2017.
This represents a sluggish CAGR growth during the forecast period. The
O&G companies customer type segment is estimated to account for nearly
one-fourth of the revenue share of the customer type segment in the year
2017 end and is expected to gain market share by the end of the year
2022.
- As per the forecast of Future Market Insights, the mining companies
customer type segment is slated to reach a value of nearly US$ 1,030 Mn in
2022. The mining companies customer type segment is expected to lose
some market value by the end of the year 2022. The largest share is
contributed by the APEJ region in the mining companies customer type
segment.

Future Market Insights forecasts the China dredging market to grow from nearly US$ 3,320 Mn in 2017 to nearly US$ 3,800 Mn in 2022. This represents a compound annual growth rate (CAGR) of 2.7% from 2017 to 2022.

Customized Research Report As per your Requirements @ https://www.futuremarketinsights.com/customization-available/rep-gb-4821

The report has also profiled leading players in the global market for Dredging, which will remain active through 2022. These include companies such as Hyundai Engineering & Construction Co., Ltd., Great Lakes Dredge & Dock Corporation, Royal Boskalis Westminster N.V, Jan De Nul N.V., China Harbour Engineering Company Ltd., DEME Group, National Marine Dredging Co., Weeks Marine, Inc., and Van Oord NV.

ABOUT US:

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

CONTACT:
Future Market Insights
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com

This release was published on openPR.