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2023 Global Dredging Market Size, share, Demand, Industry Trends And Forecast To 2032
Dredging Market Report
Dredging Market Size, Growth Rate, And Forecast:
The global dredging market size is expected to grow from $12.11 billion in 2022 to $12.58 billion in 2023 at a compound annual growth rate (CAGR) of 3.9 %. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The dredging market is expected to grow to $14.39 billion in 2027 at a CAGR of 3.4%.
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Dredging Market Drivers:
Increasing sea-borne trade is expected to propel the growth of the dredging market going forward. Seaborne trade refers to the transportation of goods that takes place through accessible water routes and ports. Dredging helps sea-borne trade by expanding existing ports, maintaining existing waterways, and building new ports and waterways.
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Dredging Market Segments
•By Type: Dipper, Water Injection, Pneumatic, Bed Leveler, Other Types
•By Application: Trade Activity, Trade Maintenance, Energy Infrastructure, Urban Development, Coastal Protection, Leisure
•By End User: Oil And Gas Companies, Mining Companies, Renewables, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the dredging market.
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Dredging Market Key Players:
Major competitors in the dredging market include Royal Boskalis Westminster N.V., Van Oord NV, Dredging Environmental and Marine Engineering N.V., Jan De Nul N.V., Great Lakes Dredge & Dock Corporation, National Marine Dredging Company, Hyundai Engineering and Construction Co. Ltd., Penta-Ocean Construction Co. Ltd., TOA Corporation, Weeks Marine, Harbour Engineering Company Ltd., Cottrell Contracting Corporation, Amrut Dredging and Shipping Ltd., Cashman Dredging Inc., Callan Marine Ltd., and China Communications Construction Company Limited.
The Business Research Company's "Global Dredging Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Dredging Market Include:
1. Executive Summary
2. Dredging Market Characteristics
3. Dredging Market Trends And Strategies
4. Dredging Market - Macro Economic Scenario
5. Dredging Market Size And Growth
....
26. Africa Dredging Market
27. Dredging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dredging Market
29. Dredging Market Future Outlook and Potential Analysis
30. Appendix
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