Dredging is the operation of removing material from one part of the water environment and relocating it to another. In all but a few situations the excavation is undertaken by specialist floating plant, known as a dredger. Dredging is carried out in many different locations and for many different purposes, but the main objectives are usually to recover material that has some value or use, or to create a greater depth of water.
Scope of the Report:Harbor deepening is a service required for digging activities, particularly in ports and harbors for various purposes. Harbor deepening finds its applications in capital deepening, trade maintenance, urban development and coastal protection.
The key market players in the harbor deepening market are based out in Europe, however, they operate in international waters. Major projects of these players are in the Middle-East due to the constant demand from the oil & gas sector. Along with trade maintenance, urban development coastal protection activity is also contributing substantially in the harbor deepening market growth, mainly in the countries with a limited land area such as Singapore and Malaysia, and countries with along coastline and prone to flood and waterborne calamities.
The global Harbor Deepening market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Harbor Deepening.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
This report studies the Harbor Deepening market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Harbor Deepening market by product type and applications/end industries.
Market Segment by Companies, this report covers Boskalis
Van Oord
Jan De Nul Group
DEME
Hyundai Engineering & Construction
Penta Ocean Construction
China Harbor Engineering
Great Lakes Dredge & Dock
Toa Corporation
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Underwater Deepening
Partially Underwater Deepening
Market Segment by Applications, can be divided into Government Organizations
Private Organizations
Mining & Energy Companies
Oil & Gas Companies
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.