PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1608242
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1608242
Dredging Equipment Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)
Market Overview
The global dredging equipment market is projected to generate $5,092.9 million in revenue in 2024, with an anticipated compound annual growth rate (CAGR) of 6.0% from 2024 to 2030, reaching $7,236.4 million by 2030. This growth is driven by increasing maritime trade, infrastructure development, and environmental concerns. Dredging equipment plays a crucial role in maintaining ports and ensuring smooth and safe international trade through waterways worldwide. According to Eurostat, sea transportation accounted for 46% of goods traded between Europe and the rest of the world in 2022.
Key Insights
The trade development and maintenance application category is expected to dominate the market, driven by the continuous need to maintain and expand shipping channels to accommodate growing maritime trade volumes.
The Asia-Pacific region holds the largest market share and is also the fastest-growing area, attributed to rapid industrialization, urbanization, and significant investments in port infrastructure.
The market is consolidated, with key players focusing on technological innovations and strategic partnerships to gain a competitive edge.
The increasing global environmental challenges have led to a growing demand for eco-friendly and sustainable dredging equipment. Various suction dredging techniques, such as hydraulic dredging, trailing-suction-hopper dredging, and cutter-suction dredging, are being utilized to minimize disturbances in the aquatic environment.
The expansion of offshore energy infrastructure, including oil, gas, and renewable energy projects, is contributing to the demand for dredging equipment to prepare seabeds and lay underwater cables and pipelines.
Urban development projects, particularly in coastal cities, are driving the need for land reclamation and coastal protection, thereby boosting the demand for dredging equipment.
The adoption of advanced technologies, such as automation and remote monitoring systems, is enhancing the efficiency and precision of dredging operations, leading to increased productivity and reduced environmental impact.
Government initiatives aimed at improving and expanding port facilities to support economic growth and international trade are creating favorable conditions for the dredging equipment market.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by application
- 1.4.3. Market size breakdown, by region
- 1.4.4. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Volume
- 1.5.2. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Volume, by Type (2019-2030)
- 6.3. Market Revenue, by Type (2019-2030)
- 6.4. Market Volume, by Application (2019-2030)
- 6.5. Market Revenue, by Application (2019-2030)
- 6.6. Market Volume, by Region (2019-2030)
- 6.7. Market Revenue, by Region (2019-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Volume, by Type (2019-2030)
- 7.3. Market Revenue, by Type (2019-2030)
- 7.4. Market Volume, by Application (2019-2030)
- 7.5. Market Revenue, by Application (2019-2030)
- 7.6. Market Volume, by Country (2019-2030)
- 7.7. Market Revenue, by Country (2019-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Volume, by Type (2019-2030)
- 8.3. Market Revenue, by Type (2019-2030)
- 8.4. Market Volume, by Application (2019-2030)
- 8.5. Market Revenue, by Application (2019-2030)
- 8.6. Market Volume, by Country (2019-2030)
- 8.7. Market Revenue, by Country (2019-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Volume, by Type (2019-2030)
- 9.3. Market Revenue, by Type (2019-2030)
- 9.4. Market Volume, by Application (2019-2030)
- 9.5. Market Revenue, by Application (2019-2030)
- 9.6. Market Volume, by Country (2019-2030)
- 9.7. Market Revenue, by Country (2019-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Volume, by Type (2019-2030)
- 10.3. Market Revenue, by Type (2019-2030)
- 10.4. Market Volume, by Application (2019-2030)
- 10.5. Market Revenue, by Application (2019-2030)
- 10.6. Market Volume, by Country (2019-2030)
- 10.7. Market Revenue, by Country (2019-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Volume, by Type (2019-2030)
- 11.3. Market Revenue, by Type (2019-2030)
- 11.4. Market Volume, by Application (2019-2030)
- 11.5. Market Revenue, by Application (2019-2030)
- 11.6. Market Volume, by Country (2019-2030)
- 11.7. Market Revenue, by Country (2019-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Volume, by Type (2019-2030)
- 12.3. Market Revenue, by Type (2019-2030)
- 12.4. Market Volume, by Application (2019-2030)
- 12.5. Market Revenue, by Application (2019-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Volume, by Type (2019-2030)
- 13.3. Market Revenue, by Type (2019-2030)
- 13.4. Market Volume, by Application (2019-2030)
- 13.5. Market Revenue, by Application (2019-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Volume, by Type (2019-2030)
- 14.3. Market Revenue, by Type (2019-2030)
- 14.4. Market Volume, by Application (2019-2030)
- 14.5. Market Revenue, by Application (2019-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Volume, by Type (2019-2030)
- 15.3. Market Revenue, by Type (2019-2030)
- 15.4. Market Volume, by Application (2019-2030)
- 15.5. Market Revenue, by Application (2019-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Volume, by Type (2019-2030)
- 16.3. Market Revenue, by Type (2019-2030)
- 16.4. Market Volume, by Application (2019-2030)
- 16.5. Market Revenue, by Application (2019-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Volume, by Type (2019-2030)
- 17.3. Market Revenue, by Type (2019-2030)
- 17.4. Market Volume, by Application (2019-2030)
- 17.5. Market Revenue, by Application (2019-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Volume, by Type (2019-2030)
- 18.3. Market Revenue, by Type (2019-2030)
- 18.4. Market Volume, by Application (2019-2030)
- 18.5. Market Revenue, by Application (2019-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Volume, by Type (2019-2030)
- 19.3. Market Revenue, by Type (2019-2030)
- 19.4. Market Volume, by Application (2019-2030)
- 19.5. Market Revenue, by Application (2019-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Volume, by Type (2019-2030)
- 20.3. Market Revenue, by Type (2019-2030)
- 20.4. Market Volume, by Application (2019-2030)
- 20.5. Market Revenue, by Application (2019-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Volume, by Type (2019-2030)
- 21.3. Market Revenue, by Type (2019-2030)
- 21.4. Market Volume, by Application (2019-2030)
- 21.5. Market Revenue, by Application (2019-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Volume, by Type (2019-2030)
- 22.3. Market Revenue, by Type (2019-2030)
- 22.4. Market Volume, by Application (2019-2030)
- 22.5. Market Revenue, by Application (2019-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Volume, by Type (2019-2030)
- 23.3. Market Revenue, by Type (2019-2030)
- 23.4. Market Volume, by Application (2019-2030)
- 23.5. Market Revenue, by Application (2019-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Volume, by Type (2019-2030)
- 24.3. Market Revenue, by Type (2019-2030)
- 24.4. Market Volume, by Application (2019-2030)
- 24.5. Market Revenue, by Application (2019-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Volume, by Type (2019-2030)
- 25.3. Market Revenue, by Type (2019-2030)
- 25.4. Market Volume, by Application (2019-2030)
- 25.5. Market Revenue, by Application (2019-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Volume, by Type (2019-2030)
- 26.3. Market Revenue, by Type (2019-2030)
- 26.4. Market Volume, by Application (2019-2030)
- 26.5. Market Revenue, by Application (2019-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Volume, by Type (2019-2030)
- 27.3. Market Revenue, by Type (2019-2030)
- 27.4. Market Volume, by Application (2019-2030)
- 27.5. Market Revenue, by Application (2019-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Volume, by Type (2019-2030)
- 28.3. Market Revenue, by Type (2019-2030)
- 28.4. Market Volume, by Application (2019-2030)
- 28.5. Market Revenue, by Application (2019-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Damen Shipyards Group
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Shandong Julong Tech Co. Ltd.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Ellicott Dredges LLC
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. American Marine Corporation
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. IHC Merwede Holding B.V.
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. D.S.C. Dredge LLC
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Lagersmit Sealing Solutions B.V.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Holland Dredge Design B.V.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. VMI Inc.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. GeoForm International Inc.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. Liebherr-International AG
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. Haven Dredging Ltd.
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
