Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Dredging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.5% during the review period (2022 to 2027).
Dredging is the removal of sludge and other particles from the bottom of bodies of water such as lakes, rivers, and ports. These are used to make rivers and ports passable, as well as to provide an anti-sludge route for vessels. Dredging is often done on beaches to preserve them in good shape. Furthermore, technical innovations are being developed in order to reduce production costs and boost productivity. The market is divided into two sections: kind and end-user. The market is divided into two types: mechanical and hydraulic dredgers. The market is divided into bucket dredgers, grab dredgers, and backhoe dredgers based on mechanical dredgers. The market is divided into suction dredger, cutter suction dredger, and trailing suction hopper based on hydraulic dredger.
Dredging is an activity of excavation carried out underwater, in the shallow seas or in freshwater areas in order to gather up bottom sediments from the seabed or the riverbed. Dredging is used to keep the waterways navigable and to create an anti-sludge path for boats. Dredging is also used to refill sand on the beaches, where the sand has been lost due to coastal erosion.
Industry News:
ZPMC Signed Quay Crane Contract with PSA Halifax Port in Canada
The project announced the invitation for bid in April this year. During the period of business talk, the two parties made many online communications, reaching consensus in business and technology in the end. The project will use a large number of high-quality accessories made in China, thus gaining more price competitiveness and better securing the delivery date.
What are the major Applications, Types, and Regions of the Dredging Market?
By Type, it is segmented into
By Applications, it is segmented into
Dredging Market Regional Analysis
According to the Ministry of Tourism, Government of India, overseas visitor inflows climbed by 3.5 percent in 2019, while domestic tourism increased by a quarter, leading the ministry to embark on dredging projects.
The Kerala tourist government launched the Akkulam lake rehabilitation project, totaling US$8.5 million, in February 2020. According to the 2019 European Union Tourism Trends Report, 538 million visitors visited Europe in 2018, with the EU recording the highest influx (82.2 percent ).As a result, the number of dredging projects in Europe has increased significantly in recent years.
Credible prospects are also available throughout Latin America, with Mexico in the forefront. In August 2020, inbound tourist traffic increased by roughly 1% over July 2020, owing to a flattening COVID19 infection curve. As a result, dredging projects are on the rise.In February 2020, the Mexican navy deployed two new dredgers for land reclamation.
The Dredging Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Dredging Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Dredging Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Dredging Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2021-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 6.5% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Astilleros Jose Valina, See Merre, Barkmeijer Stroobos BV, Damen, Donjon Marine, Construcciones Navales Del Norte, Crest Nicholson Holdings plc (LSE CRST.L), |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 132 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Dredging Market is studied from 2017 - 2027.
Who are the key players in Dredging Market?
Astilleros Jose Valina, See Merre, Barkmeijer Stroobos BV, Damen, Donjon Marine, Construcciones Navales Del Norte, Crest Nicholson Holdings plc (LSE CRST.L), Eastern Shipbuilding Group, Piriou, Meyer Turku, ZPMC and Others.
What are the significant types of Dredging Market?
Cutter-Suction Dredger, Trailing Suction Hopper Dredger, Chain Bucket Dredge, Other
What are the major end-use applications of Dredging Market?
Clean Up The River, Underwater Construction, Other, Others.
What segments are covered in the Dredging Market report?
The Global Dredging Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Dredging Market?
The sample report for the Dredging Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
GLOBAL DREDGING MARKET, BY TYPES
GLOBAL DREDGING MARKET, BY APPLICATION
GLOBAL DREDGING MARKET, BY REGION
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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