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.
Europe is the key region of the market, sharing about 29.20% of the global total revenue in 2018, followed by China and USA, with a market value share of 27.04%, and 10.60%.The Harbor Deepening market is mainly classified into the following types: Capital Harbour Deepening, Coastal Protection Harbour Deepening, Maintenance Harbour Deepening, Rivers & Lakes Harbour Deepening, among which Capital Harbour Deepening is the largest part, taking up about 47.69% of the market value in 2018.
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In 2018, the global Harbor Deepening market size was 5196 million US$ and it is expected to reach 6541.9 million US$ by the end of 2025, with a CAGR of 3.3% during 2019–2025.
This report focuses on the global Harbor Deepening status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Harbor Deepening development in North America, Europe, China, Japan and Korea.
The key players covered in this study
- 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 Type, the product can be split into
- Capital
- Coastal?Protection
- Maintenance
- Rivers & Lakes
The market share of Capital is 47.6% in2018, and it will keep the largest share in the next years.
Coastal protection’s maket share in 2018 is 32%.
In 2018, maintennace occupies 9% market share of global harbor deepening.
Rivers and lakes obtain 10.5% market share of global harbor deepening in 2018, and it will increase fast from 2019 to 2025.
Market segment by Application, split into
- Government Organizations
- Private Organizations
- Mining & Energy Companies
- Oil & Gas Companies
- Other Applications
Government organizatins occupy 46.7% market share in 2018, and it will be the main application in the next years.
In 2018, private organizations have 32% market share of global harbor deepening,and it will grow fast from 2019 to 2025.
Mining and energy take 5% market share in 2018.
Oil and gas companies’ market share of global harbor deepening in 2018 is 8.5%, which won’t show great change in the next coming years.
Others have 7% market share in 2018.
Market segment by Regions/Countries, this report covers
- North America
- Europe
- China
- Japan
- Korea
The study objectives of this report are:
- To analyze global Harbor Deepening status, future forecast, growth opportunity, key market and key players.
- To present the Harbor Deepening development in North America, Europe, China, Japan and Korea.
- To strategically profile the key players and comprehensively analyze their development plan and strategies.
- To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Harbor Deepening are as follows:
- History Year: 2014–2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
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