Dredging Market Updates by 2031
Dredging is an activity of excavating unwanted materials from the water environment. The rise in requirements of various infrastructure projects, such as solar, hydro, and renewable energy are the prime factor triggering the growth of the dredging market over the forecast period. Further, the rapid increase in marine activities, continuous development of urban areas, and increasing the need to purify water bodies are also augmenting the dredging market growth.
MARKET DYNAMICS
The increase in global trade activities and the rise in transportation of goods through the sea are fueling the demand for dredging, which significantly impact the growth of the dredging market. Moreover, a rise in investments towards various energy infrastructure, growing expansion of port infrastructure, and an increase in exploration of oil and gas are expected to influence the growth of the dredging market in the coming years.
MARKET SCOPE
The "Global Dredging Market Analysis to 2031" is a specialized and in-depth study of the dredging industry with a special focus on the global market trend analysis. The report aims to provide an overview dredging market with detailed market segmentation as application, customer, and geography. The global dredging market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading dredging market players and offers key trends and opportunities in the dredging market.
MARKET SEGMENTATION
The global dredging market is segmented on the basis of application, customer. On the basis of application the market is segmented as trade activity, trade maintenance, energy infrastructure, urban development, coastal protection, leisure. On the basis of customer the market is segmented as government, oil and gas companies, mining companies, renewables, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global dredging market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The dredging market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting dredging market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the dredging market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global dredging market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The dredging market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting dredging market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the dredging market in these regions.
MARKET PLAYERS
The reports cover key developments in the dredging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Dredging market are anticipated to lucrative growth opportunities in the future with the rising demand for dredging in the global market. Below mentioned is the list of few companies engaged in the dredging market.
The report also includes the profiles of key dredging companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- DEME Group
- Dredging, Environmental and Marine Engineering NV (DEME)
- Great Lakes Dredge & Dock Corporation
- Jan De Nul Group
- National Marine Dredging Company
- Penta-Ocean Construction Co., Ltd.
- Royal Boskalis Westminster N.V
- Royal IHC
- TOA Corporation
- Van Oord NV
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Dredging Market - By Application
1.3.2Dredging Market - By Customer
1.3.3Dredging Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.DREDGING MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTERâ™S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.DREDGING MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.DREDGING MARKET - GLOBAL MARKET ANALYSIS
6.1.DREDGING - GLOBAL MARKET OVERVIEW
6.2.DREDGING - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.DREDGING MARKET - REVENUE AND FORECASTS TO 2028 â" APPLICATION
7.1.OVERVIEW
7.2.APPLICATION MARKET FORECASTS AND ANALYSIS
7.3.TRADE ACTIVITY
7.3.1.Overview
7.3.2.Trade Activity Market Forecast and Analysis
7.4.TRADE MAINTENANCE
7.4.1.Overview
7.4.2.Trade Maintenance Market Forecast and Analysis
7.5.ENERGY INFRASTRUCTURE
7.5.1.Overview
7.5.2.Energy Infrastructure Market Forecast and Analysis
7.6.URBAN DEVELOPMENT
7.6.1.Overview
7.6.2.Urban Development Market Forecast and Analysis
7.7.COASTAL PROTECTION
7.7.1.Overview
7.7.2.Coastal Protection Market Forecast and Analysis
7.8.LEISURE
7.8.1.Overview
7.8.2.Leisure Market Forecast and Analysis
8.DREDGING MARKET - REVENUE AND FORECASTS TO 2028 â" CUSTOMER
8.1.OVERVIEW
8.2.CUSTOMER MARKET FORECASTS AND ANALYSIS
8.3.GOVERNMENT
8.3.1.Overview
8.3.2.Government Market Forecast and Analysis
8.4.OIL AND GAS COMPANIES
8.4.1.Overview
8.4.2.Oil and Gas Companies Market Forecast and Analysis
8.5.MINING COMPANIES
8.5.1.Overview
8.5.2.Mining Companies Market Forecast and Analysis
8.6.RENEWABLES
8.6.1.Overview
8.6.2.Renewables Market Forecast and Analysis
8.7.OTHERS
8.7.1.Overview
8.7.2.Others Market Forecast and Analysis
9.DREDGING MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Dredging Market Overview
9.1.2North America Dredging Market Forecasts and Analysis
9.1.3North America Dredging Market Forecasts and Analysis - By Application
9.1.4North America Dredging Market Forecasts and Analysis - By Customer
9.1.5North America Dredging Market Forecasts and Analysis - By Countries
9.1.5.1United States Dredging Market
9.1.5.1.1United States Dredging Market by Application
9.1.5.1.2United States Dredging Market by Customer
9.1.5.2Canada Dredging Market
9.1.5.2.1Canada Dredging Market by Application
9.1.5.2.2Canada Dredging Market by Customer
9.1.5.3Mexico Dredging Market
9.1.5.3.1Mexico Dredging Market by Application
9.1.5.3.2Mexico Dredging Market by Customer
9.2.EUROPE
9.2.1Europe Dredging Market Overview
9.2.2Europe Dredging Market Forecasts and Analysis
9.2.3Europe Dredging Market Forecasts and Analysis - By Application
9.2.4Europe Dredging Market Forecasts and Analysis - By Customer
9.2.5Europe Dredging Market Forecasts and Analysis - By Countries
9.2.5.1Germany Dredging Market
9.2.5.1.1Germany Dredging Market by Application
9.2.5.1.2Germany Dredging Market by Customer
9.2.5.2France Dredging Market
9.2.5.2.1France Dredging Market by Application
9.2.5.2.2France Dredging Market by Customer
9.2.5.3Italy Dredging Market
9.2.5.3.1Italy Dredging Market by Application
9.2.5.3.2Italy Dredging Market by Customer
9.2.5.4United Kingdom Dredging Market
9.2.5.4.1United Kingdom Dredging Market by Application
9.2.5.4.2United Kingdom Dredging Market by Customer
9.2.5.5Russia Dredging Market
9.2.5.5.1Russia Dredging Market by Application
9.2.5.5.2Russia Dredging Market by Customer
9.2.5.6Rest of Europe Dredging Market
9.2.5.6.1Rest of Europe Dredging Market by Application
9.2.5.6.2Rest of Europe Dredging Market by Customer
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Dredging Market Overview
9.3.2Asia-Pacific Dredging Market Forecasts and Analysis
9.3.3Asia-Pacific Dredging Market Forecasts and Analysis - By Application
9.3.4Asia-Pacific Dredging Market Forecasts and Analysis - By Customer
9.3.5Asia-Pacific Dredging Market Forecasts and Analysis - By Countries
9.3.5.1Australia Dredging Market
9.3.5.1.1Australia Dredging Market by Application
9.3.5.1.2Australia Dredging Market by Customer
9.3.5.2China Dredging Market
9.3.5.2.1China Dredging Market by Application
9.3.5.2.2China Dredging Market by Customer
9.3.5.3India Dredging Market
9.3.5.3.1India Dredging Market by Application
9.3.5.3.2India Dredging Market by Customer
9.3.5.4Japan Dredging Market
9.3.5.4.1Japan Dredging Market by Application
9.3.5.4.2Japan Dredging Market by Customer
9.3.5.5South Korea Dredging Market
9.3.5.5.1South Korea Dredging Market by Application
9.3.5.5.2South Korea Dredging Market by Customer
9.3.5.6Rest of Asia-Pacific Dredging Market
9.3.5.6.1Rest of Asia-Pacific Dredging Market by Application
9.3.5.6.2Rest of Asia-Pacific Dredging Market by Customer
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Dredging Market Overview
9.4.2Middle East and Africa Dredging Market Forecasts and Analysis
9.4.3Middle East and Africa Dredging Market Forecasts and Analysis - By Application
9.4.4Middle East and Africa Dredging Market Forecasts and Analysis - By Customer
9.4.5Middle East and Africa Dredging Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Dredging Market
9.4.5.1.1South Africa Dredging Market by Application
9.4.5.1.2South Africa Dredging Market by Customer
9.4.5.2Saudi Arabia Dredging Market
9.4.5.2.1Saudi Arabia Dredging Market by Application
9.4.5.2.2Saudi Arabia Dredging Market by Customer
9.4.5.3U.A.E Dredging Market
9.4.5.3.1U.A.E Dredging Market by Application
9.4.5.3.2U.A.E Dredging Market by Customer
9.4.5.4Rest of Middle East and Africa Dredging Market
9.4.5.4.1Rest of Middle East and Africa Dredging Market by Application
9.4.5.4.2Rest of Middle East and Africa Dredging Market by Customer
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Dredging Market Overview
9.5.2South and Central America Dredging Market Forecasts and Analysis
9.5.3South and Central America Dredging Market Forecasts and Analysis - By Application
9.5.4South and Central America Dredging Market Forecasts and Analysis - By Customer
9.5.5South and Central America Dredging Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Dredging Market
9.5.5.1.1Brazil Dredging Market by Application
9.5.5.1.2Brazil Dredging Market by Customer
9.5.5.2Argentina Dredging Market
9.5.5.2.1Argentina Dredging Market by Application
9.5.5.2.2Argentina Dredging Market by Customer
9.5.5.3Rest of South and Central America Dredging Market
9.5.5.3.1Rest of South and Central America Dredging Market by Application
9.5.5.3.2Rest of South and Central America Dredging Market by Customer
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.DREDGING MARKET, KEY COMPANY PROFILES
11.1.DEME GROUP
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.DREDGING, ENVIRONMENTAL AND MARINE ENGINEERING NV (DEME)
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.GREAT LAKES DREDGE AND DOCK CORPORATION
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.JAN DE NUL GROUP
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.NATIONAL MARINE DREDGING COMPANY
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.PENTA-OCEAN CONSTRUCTION CO., LTD.
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.ROYAL BOSKALIS WESTMINSTER N.V
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.ROYAL IHC
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.TOA CORPORATION
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.VAN OORD NV
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. DEME Group
2. Dredging, Environmental and Marine Engineering NV (DEME)
3. Great Lakes Dredge and Dock Corporation
4. Jan De Nul Group
5. National Marine Dredging Company
6. Penta-Ocean Construction Co., Ltd.
7. Royal Boskalis Westminster N.V
8. Royal IHC
9. TOA Corporation
10. Van Oord NV
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.