Press release
Marine And Ports Construction Market: Exploring Market Size, CAGR, Key Drivers, and Emerging Trends
Marine And Ports Construction Market Share
Forecast Growth in Global Marine and Ports Construction Market
What Is The Projected Market Size Of The Global Marine And Ports Construction Market And Its Growth Rate?
• The marine and ports construction market size was $66.7 billion in 2024 and is projected to grow to $70.99 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%
• The market size is expected to grow to $92.16 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%
What Is Driving The Growth In The Marine And Ports Construction Market?
The surge in demand for maritime trade is primarily driving the growth of the marine and port construction markets. Maritime trade serves as an efficient, low-cost method of transporting goods from one country to another, with ports being fundamental for this operation. For example, in 2022, Asia remained the leading maritime freight region, loading approximately 4.6 billion metric tons of goods, accounting for approximately 42% of total goods loaded globally. Therefore, the surge in demand for maritime trade is notably propelling the growth of the market.
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Who Are the Key Players Driving Marine And Ports Construction Market Growth?
• China Communications Construction Co Ltd
• Grupo ACS
• China State Construction Engineering Construction Co Ltd
• Hyundai Engineering and Construction Co Ltd
• Strabag SE
• DEME Group
• Ningbo Zhoushan Port Company Limited
• Boskalis
• Bechtel Corporation
• McCarthy Building Companies Inc
• China Merchants Group
• The Great Eastern Shipping Company Limited
• Keller
• TAMS Group
• SMC Marine
• Coastwide Civil, Geomarine
• Teo Marine Limited
• Vinci Construction Maritime et Fluvial
• Heerema Marine Contractors
• Dredging International
• Budimex SA
• Sovfracht Group
• Hydrobudowa Polska SA
• FESCO, AECOM
• Midcoast Construction Enterp
• Manson Construction Co
• Construcciones Industriales Tapia
• PCL Construction
• Ballard Marine Construction
• CMC SUBSEA
• Orion Marine Group
• Wilson Sons
• Naval Martins
• Santos Brasil
What Are The Key Trends In The Marine And Ports Construction Market?
• Developing zero-carbon port terminals to reduce carbon emissions
• New facility expansions
• Use of innovative machines and equipment for port construction
• Partnerships and collaborations
• Increasing investments to improve
What Are The Segments Of The Global Marine And Ports Construction Market?
1) By Port Type: Sea Port, Inland Port, Other Types
2) By Construction Mode: Old Port Upgrade, New Port Construct
3) By Application: Dredging, Breakwater Construction, Wharf or Jetty Construction, Docks, Berths, Terminals, Other Applications
Which Region Leads The Marine And Ports Construction Market?
North America was the largest region in the marine and port construction market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The report includes data from the Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Marine And Ports Construction Market Global Market Report?
- Market Size Analysis: Analyze the Marine And Ports Construction Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Marine And Ports Construction Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Marine And Ports Construction Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Marine And Ports Construction Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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Learn More About the Business Research Company. With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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