Press release
Dredging Market Size and Revenue Analysis 2024-2033
Dredging Market Size
Dredging Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $9.68 billion In 2028 At A CAGR Of 10.0% :
The dredging market size has grown steadily in recent years. It will grow from $12.49 billion in 2023 to $12.96 billion in 2024 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to early port development, coastal protection initiatives, canal construction, mining and material extraction, river and waterway maintenance.
The dredging market size is expected to see steady growth in the next few years. It will grow to $15.18 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%. The growth in the forecast period can be attributed to government infrastructure spending, tourism and recreation investments, remediation and waste management, trade route expansion, global infrastructure projects. Major trends in the forecast period include port expansion and maintenance, coastal protection and climate change, infrastructure development, river restoration and flood management.
Request A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8293&type=smp
Dredging Market Major Segments
The dredging market covered in this report is segmented -
1) By Type: Dipper, Water Injection, Pneumatic, Bed Leveler, Other Types
2) By Application: Trade Activity, Trade Maintenance, Energy Infrastructure, Urban Development, Coastal Protection, Leisure
3) By End User: Oil And Gas Companies, Mining Companies, Renewables, Other End Users
Key Driver - Seaborne Trade Expansion Fuels Robust Growth In The Dredging Market
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. For instance, in October 2022, according to the United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based intergovernmental body, Asian ports received approximately 7.1 billion tons in 2021, which is equal to 64% of all commodities discharged globally. Therefore, increasing water-borne trade is driving the growth of the dredging market.
Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=8293&type=smp
Prominent Trend - Cutting-Edge Innovations Reshaping The Dredging Market
Product innovations have emerged as a key trend gaining popularity in the dredging market. Major companies operating in the dredging sector are focused on developing new innovative products to strengthen their position in the market. For instance, in May 2022, Damen Shipyards, a subsidiary of Netherlands-based Damen Holdings, introduced the new Trailing Suction Hopper Dredger (TSHD) series that ranges from 800 m³ to 5,000 m³ which is efficient in operation, practical in maintenance, and customizable for each specific dredging operation. They are unique in that they use their own propulsion during the excavation of deposits from a borrow area and then can cart the material to the placement area.
Dredging Market Players
Major companies operating in the dredging market report are Royal Boskalis Westminster NV, Van Oord NV, Dredging Environmental and Marine Engineering NV, Jan De Nul NV, Great Lakes Dredge & Dock Corporation, National Marine Dredging Company, Hyundai Engineering and Construction Co. Ltd., Penta-Ocean Construction Co. Ltd., TOA Corporation, Weeks Marine Inc., Harbour Engineering Company Ltd., Cottrell Contracting Corporation, Amrut Dredging and Shipping Ltd., Cashman Dredging Inc., Callan Marine Ltd., China Communications Construction Company Limited, China Harbour Engineering Company Ltd., Manson Construction Co., Orion Marine Group, CCCC Dredging Company Ltd., Gulf Cobla LLC, J.F. Brennan Company Inc., Dredging Corporation of India Limited, Boskalis Westminster LLC, Great Lakes Dock and Materials LLC, Royal IHC, Dredging International NV, Dredging and Maritime Management SA, Heinrich Hirdes GmbH, International Seaport Dredging Private Ltd., Irish Dredging Company Ltd., Middle East Dredging Company, Mijnster Zand- en Grinthandel BV, Mordraga LLC, Royal Smals BV
View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/dredging-global-market-report
Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the dredging market share in 2023. The regions covered in the dredging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Dredging Market Report Structure
3. Dredging Market Trends And Strategies
4. Dredging Market - Macro Economic Scenario
5. Dredging Market Size And Growth
…..
27. Dredging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Dredging Market Size and Revenue Analysis 2024-2033 here
News-ID: 3536976 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Dredging
Cutting-Edge Innovations Reshaping The Dredging Market Industry Trends Gaining M …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
Dredging Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past few years, the size of the dredging market has experienced a consistent increase. It's projected to expand from $12.84 billion in 2024 to an estimated $13.28 billion in 2025, with a compounded annual growth rate (CAGR) of 3.4%.…
Evolving Market Trends In The Dredging Industry: Cutting-Edge Innovations Reshap …
The Dredging Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Dredging Market Size During the Forecast Period?
The size of the dredging market has seen consistent growth in recent years, with projections indicating an increase from $12.84 billion in 2024 to $13.28…
Port Maintenance Dredging Services Market Size, Outlook And Industry Analysis Re …
The Global Port Maintenance Dredging Services Market report is added by WMR to its database to offer a complete assessment of the factors influencing an overall market growth trend. The research covers significant data and proves to be a handy resource document for industry experts. The research is a perfect balance bridging both qualitative and quantitative information of this market. Quantitative statistics with qualitative reasoning related to market size, share,…
Dredging Market Likely To Experience Substantial Growth In The Forecast Period 2 …
New York, According to a new market research report published by Global Insight Services Dredging Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Dredging is the…
Dredging Market Rising Trends, Huge Demand, High Growth Rate by 2029|Weeks Marin …
Dredging Market: Overview
Dredging vessels are specialized vessels that are used for maritime transportation, especially for the transportation of natural materials. Dredging activities are usually taken to deepen or widen the sea bottom or sea channel. The drive for keeping waterways and ports navigable is a key trend in the evolution of the dredging market. A range of underwater construction activities are made possible by the creation of new ports, land…
Dredging Market May Set New Growth Story, 2020 - 2026 | American Marine & Machin …
Bizlytik analysts forecast the global Dredging market to grow at a CAGR of 5.8% during the forecast period, according to their latest market research report.
Dredging are primarily deployed for the removal of mud and silt from the underwater levels of river bodies, for the safe passage of incoming ships through navigational channels in major ports. The slurry that is pumped out is in liquid form and can be stored onboard…
