Dredging Market Outlook for 2024 to 2034

The global dredging market value is estimated to be USD 16.6 billion in 2024 according to the updated industry analysis report. The overall market is predicted to grow at a moderate CAGR of 2.15% during the forecast period. The global dredging industry share is estimated to reach a value of nearly USD 20.6 billion by 2034.

Report Attribute Details
Dredging Market Size (2024) USD 16.6 billion
Market Anticipated Forecast Value (2034) USD 20.6 billion
Market Projected Growth Rate (2024 to 2034) 2.15% CAGR

Dredging Market Trends & Analysis

  • Many maritime nations still are government-owned and operated dredging fleets. However, the commercial or privately-owned dredging companies are expanding fast these days. Dredging corporations are increasingly acting as the principal contractors for large-scale dredging projects and are in charge of engaging subcontractors to do particular tasks related to the overall construction.
  • Innovations in dredging vessels and other machinery are required for a highly specialized business. Moreover, every harbor dredging project includes consideration of the environment, and pre-, adaptive, and post-monitoring have developed into industry norms.

Global Dredging Market Historical Analysis Vs Forecast Outlook

The global dredging market was valued at USD 15,246.87 million in 2019. The global demand for dredging activities increased at a rate of 1.84% between 2019 and 2023. The overall market value was about USD 16,138.94 million by 2023.

While trade activity slowed in 2020 and 2021, it picked up steam in 2022 and 2023, providing better opportunity for the adoption and advancement of dredging services. Demand for dredging services also remained a crucial part of all significant maritime infrastructure projects during this period.

Attributes Details
Dredging Market Value (2019) USD 15,246.87 million
Market Revenue (2023) USD 16,138.94 million
Market Historical Growth Rate (CAGR 2019 to 2023) 1.84% CAGR

Prominent Factors Fuelling the Global Dredging Market Growth

The expanded demand for environmental dredging depends on technological advancements to address the growing pollution problems. Moreover, natural gas and hydrogen gas are marketed by dredging firms as suitable substitutes.

The dredging industry is expanding fast with advancements in equipment that increase productivity, and accuracy, and minimizes environmental effects. To increase productivity and efficiency, dredging services are also using equipment updates and dredger monitoring systems.

Country-wise Insights

The table below lists the regions or countries that are likely to present lucrative growth opportunities in the dredging sector.

Regional Market Comparison CAGR (2024 to 2034)
United States 2%
Germany 3.8%
United Kingdom 1.4%
Japan 5.7%
China 5.1%

Automation is the Key to the Development of the USA Dredging Market

Demand in the United States dredging market is anticipated to increase at a CAGR of 2% over the forecast period.

  • Many variables, including automation, the development of cutting-edge technology, the modernization of small and medium-sized contractors' fleets, and others.
  • Chellie Pingree (D-Maine), the USA representative for Maine, had announced an additional USD 8,225,000 in infrastructure investment money for the USA Army Corps of Engineers to dredge and study the Scarborough River and the Josias River close to Perkins Cove in 2022.

Extensive Sea Channels and Trading Routes are driving the Demand in Germany

Adoption of dredging services in Germany is poised to increase at a rate of 3.8% per year through the projected years.

  • Dredging service providers in Germany are enhancing the quality of their services to acquire a competitive edge as oil and gas production and consumption are on the rise.
  • The demand for marine dredging is surging in Germany to lay cables and build foundations.

Renewable Energy Projects are Powering up the Dredging Sector in the United Kingdom

The dredging service providers in the United Kingdom are expected to witness 1.4% growth per year till 2034 on average.

  • Dredging service providers in the United Kingdom are profiting from increased spending on various energy infrastructure projects, such as offshore wind farms.
  • Coastal dredging has become necessary for ports in the United Kingdom to accommodate larger boats, maintain, and grow.

Trade Maintenance Creating Scope for China in the Port Dredging Market

The dredging industry of China is projected to expand at a rate of 5.1% during the forecast years.

  • China is anticipated to control 25% of the East Asian dredging market owing to the highly developed oil and gas industry.
  • With impending initiatives such as the One Belt One Road Initiative (OBOR) set to present growth prospects for dredging manufacturers, the forecast for the global seaborne market remains too optimistic.

Japan Dredging Companies are Supporting Infrastructure Projects in the Region

Demand for dredging services is likely to witness the most lucrative growth rate of 5.7% during the forecast years.

  • The demand for dredging services is gradually increasing as more infrastructure projects, such as hydro, solar, and other renewable energy firms, emerge.
  • Japan is likely to present better prospects for the producers of dredging equipment due to the country's expanding trade and trade maintenance operations.

Category-wise Insights

Government Organizations are the Leading Users of Dredging Services

Based on customer type, local and federal governments are anticipated to create 45.5% of the total demand in 2024.

Attributes Details
Top Customer Type or Segment Government
Total Market Share in 2024 45.5%
  • Dredging makes it easier for local governments to reclaim land for urban growth and expansion of land-based economic activities.
  • Central governments are also increasing dredging activities to provide safe and effective marine traffic due to the growing size of ships.

Application of Dredging for Trade Manteca Presents Lucrative Growth Opportunities

Based on application, the trade maintenance segment is poised to contribute for 30.6% of the global market share in 2024.

Attributes Details
Top Application Type or Segment Trade Maintenance
Total Market Share in 2024 30.6%
  • Dredging has augmented the trade maintenance sector by improving water quality and helping shipping companies remove impurities, sediments, and pollutants.
  • Trade maintenance dredging facilitates the construction of marinas, cruise terminals, and recreational areas which is expected to boost this segment further.

Competitive Landscape for Dredging Market

The overall market is fragmented in nature as the nature of the dredging business is highly region-specific. However, large-scale projects like land reclamation, canal and port development, and offshore energy projects typically involve major international contractors from Europe and Asia. They have a greater capacity to handle these difficulties due to their large and varied fleets of vessels and cutting-edge equipment.

Recent Developments in the Global Dredging Market

  • China Communications Construction Company Ltd. and China Construction Technology Consulting Co., Ltd. inked a framework agreement for strategic collaboration for international trade in Beijing in February 2022.
  • In order to strengthen its financial condition, the government-owned dredging corporation The Dredging Corporation of India announced intentions in February 2022 to pay all vendor debts by June 2022. The business is actively attempting to reduce vendor debt in order to increase cash flow over the next two to three quarters.
  • Hegemann V, the company's new trailing suction hopper dredger, is almost finished, according to Hegemann Dredging, a significant German provider of a wide variety of dredging services. The dredger was manufactured specifically to carry out a variety of dredging operations and was developed in close cooperation with Kooiman Engineering.

Key Players Profiled in the Dredging Market Report

  • HYUNDAI E&C
  • Royal IHC
  • Dredging, Environmental and Marine Engineering NV (DEME)
  • Great Lakes Dredge & Dock Company, LLC
  • TOA Corporation
  • Penta-Ocean Construction Co., Ltd.
  • National Marine Dredging Company
  • Amrut Dredging and Shipping Ltd.
  • CALLAN MARINE, LTD.
  • CASHMAN DREDGING, INC.
  • China Communications Construction Company Limited
  • COTTRELL CONTRACTING CORPORATION
  • Dredge America
  • Dredging Africa (Pty) Ltd
  • Dutra Group
  • J.F. Brennan Company, Inc.
  • Jan De Nul Group
  • JT Cleary, Inc.
  • KSE Marine Works Pte Ltd.
  • Manson Construction Co.
  • McNally International, Inc.
  • Mott MacDonald
  • Royal Boskalis Westminster N.V.
  • TAMS Group Pty Ltd
  • US Aqua Services
  • VAN OORD
  • Weeks Marine, Inc.

Key Coverage in the Dredging Market Report

  • Adjacent study on river dredging market.
  • Consumer demand for sediment removal services.
  • Emerging trends in port dredging.
  • Sales revenue in dredging industry.

Report Coverage for Global Dredging Market

Report Attributes Details
Current Total Market Size (2024) USD 16.6 billion
Projected Market Size (2034) USD 20.6 billion
Market CAGR (2024 to 2034) 2.15%
Base Year for Estimation 2023
Historical Period 2019 to 2023
Projections Period 2024 to 2034
Quantitative Units Revenue in USD billion/Volume in million cubic metres (Mm³)
By Customer Type Segments Government, O&G Companies, Mining Companies, Renewable Companies, Others
By Application Segments Trade Activity, Trade Maintenance, Energy Infrastructure, Urban Development, Coastal Protection, Leisure
Regions Covered North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, Middle East and Africa
Countries Covered United States, Japan, Germany, India, United Kingdom, France, Italy, Brazil, Canada, South Korea, Australia, Spain, Netherlands, Saudi Arabia, Switzerland
Key Players HYUNDAI E&C, Dredging, Environmental and Marine Engineering NV (DEME), Great Lakes Dredge & Dock Company, LLC, TOA Corporation, Penta-Ocean Construction Co., Ltd., National Marine Company, Amrut and Shipping Ltd., CALLAN MARINE, LTD., CASHMAN DREDGING, INC., Africa (Pty) Ltd, COTTRELL CONTRACTING CORPORATION, J.F. Brennan Company, Inc.
Additional Attributes Technological Innovations, Environmental Regulations, Sustainability Initiatives, Market Dynamics
Customization and Pricing Available upon request

Key Segments Covered by Dredging Industry Survey Report

By Customer Type:

  • Government
  • O&G Companies
  • Mining Companies
  • Renewable
  • Others

By Application:

  • Trade Activity
  • Trade Maintenance
  • Energy Infrastructure
  • Urban Development
  • Coastal Protection
  • Leisure
  • Other Applications

By Region:

  • North America Market
  • Latin America Market
  • Europe Market
  • East Asia Market
  • South Asia and Pacific Market
  • Middle East and Africa (MEA) Market

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
  • 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Customer Type
    • 5.1. Government
    • 5.2. O&G Companies
    • 5.3. Mining Companies
    • 5.4. Renewable Companies
    • 5.5. Others
  • 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
    • 6.1. Trade Activity
    • 6.2. Trade Maintenance
    • 6.3. Energy Infrastructure
    • 6.4. Urban Development
    • 6.5. Coastal Protection
    • 6.6. Leisure
  • 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    • 7.1. North America
    • 7.2. Latin America
    • 7.3. Western Europe
    • 7.4. Eastern Europe
    • 7.5. South Asia and Pacific
    • 7.6. East Asia
    • 7.7. Middle East and Africa
  • 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 15. Key Countries Market Analysis
  • 16. Market Structure Analysis
  • 17. Competition Analysis
    • 17.1. HYUNDAI E&C
    • 17.2. Dredging, Environmental and Marine Engineering NV (DEME)
    • 17.3. Great Lakes Dredge & Dock Company, LLC
    • 17.4. TOA Corporation
    • 17.5. Penta-Ocean Construction Co., Ltd.
    • 17.6. National Marine Company
    • 17.7. Amrut and Shipping Ltd.
    • 17.8. CALLAN MARINE, LTD.
    • 17.9. CASHMAN DREDGING, INC.
    • 17.10. Africa (Pty) Ltd
    • 17.11. COTTRELL CONTRACTING CORPORATION
    • 17.12. J.F. Brennan Company, Inc.
  • 18. Assumptions & Acronyms Used
  • 19. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Value (US$ Million) Forecast by Customer Type, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 4: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 5: North America Market Value (US$ Million) Forecast by Customer Type, 2019 to 2034

Table 6: North America Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 8: Latin America Market Value (US$ Million) Forecast by Customer Type, 2019 to 2034

Table 9: Latin America Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 10: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 11: Western Europe Market Value (US$ Million) Forecast by Customer Type, 2019 to 2034

Table 12: Western Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 13: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 14: Eastern Europe Market Value (US$ Million) Forecast by Customer Type, 2019 to 2034

Table 15: Eastern Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 16: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 17: South Asia and Pacific Market Value (US$ Million) Forecast by Customer Type, 2019 to 2034

Table 18: South Asia and Pacific Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 19: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 20: East Asia Market Value (US$ Million) Forecast by Customer Type, 2019 to 2034

Table 21: East Asia Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 22: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 23: Middle East and Africa Market Value (US$ Million) Forecast by Customer Type, 2019 to 2034

Table 24: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2019 to 2034

List of Figures

Figure 1: Global Market Value (US$ Million) by Customer Type, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by Application, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 7: Global Market Value (US$ Million) Analysis by Customer Type, 2019 to 2034

Figure 8: Global Market Value Share (%) and BPS Analysis by Customer Type, 2024 to 2034

Figure 9: Global Market Y-o-Y Growth (%) Projections by Customer Type, 2024 to 2034

Figure 10: Global Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 11: Global Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 12: Global Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 13: Global Market Attractiveness by Customer Type, 2024 to 2034

Figure 14: Global Market Attractiveness by Application, 2024 to 2034

Figure 15: Global Market Attractiveness by Region, 2024 to 2034

Figure 16: North America Market Value (US$ Million) by Customer Type, 2024 to 2034

Figure 17: North America Market Value (US$ Million) by Application, 2024 to 2034

Figure 18: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 19: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 22: North America Market Value (US$ Million) Analysis by Customer Type, 2019 to 2034

Figure 23: North America Market Value Share (%) and BPS Analysis by Customer Type, 2024 to 2034

Figure 24: North America Market Y-o-Y Growth (%) Projections by Customer Type, 2024 to 2034

Figure 25: North America Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 26: North America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 27: North America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 28: North America Market Attractiveness by Customer Type, 2024 to 2034

Figure 29: North America Market Attractiveness by Application, 2024 to 2034

Figure 30: North America Market Attractiveness by Country, 2024 to 2034

Figure 31: Latin America Market Value (US$ Million) by Customer Type, 2024 to 2034

Figure 32: Latin America Market Value (US$ Million) by Application, 2024 to 2034

Figure 33: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 37: Latin America Market Value (US$ Million) Analysis by Customer Type, 2019 to 2034

Figure 38: Latin America Market Value Share (%) and BPS Analysis by Customer Type, 2024 to 2034

Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Customer Type, 2024 to 2034

Figure 40: Latin America Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 41: Latin America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 43: Latin America Market Attractiveness by Customer Type, 2024 to 2034

Figure 44: Latin America Market Attractiveness by Application, 2024 to 2034

Figure 45: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 46: Western Europe Market Value (US$ Million) by Customer Type, 2024 to 2034

Figure 47: Western Europe Market Value (US$ Million) by Application, 2024 to 2034

Figure 48: Western Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 49: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 50: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 51: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 52: Western Europe Market Value (US$ Million) Analysis by Customer Type, 2019 to 2034

Figure 53: Western Europe Market Value Share (%) and BPS Analysis by Customer Type, 2024 to 2034

Figure 54: Western Europe Market Y-o-Y Growth (%) Projections by Customer Type, 2024 to 2034

Figure 55: Western Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 56: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 57: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 58: Western Europe Market Attractiveness by Customer Type, 2024 to 2034

Figure 59: Western Europe Market Attractiveness by Application, 2024 to 2034

Figure 60: Western Europe Market Attractiveness by Country, 2024 to 2034

Figure 61: Eastern Europe Market Value (US$ Million) by Customer Type, 2024 to 2034

Figure 62: Eastern Europe Market Value (US$ Million) by Application, 2024 to 2034

Figure 63: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 64: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 65: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 66: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 67: Eastern Europe Market Value (US$ Million) Analysis by Customer Type, 2019 to 2034

Figure 68: Eastern Europe Market Value Share (%) and BPS Analysis by Customer Type, 2024 to 2034

Figure 69: Eastern Europe Market Y-o-Y Growth (%) Projections by Customer Type, 2024 to 2034

Figure 70: Eastern Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 71: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 72: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 73: Eastern Europe Market Attractiveness by Customer Type, 2024 to 2034

Figure 74: Eastern Europe Market Attractiveness by Application, 2024 to 2034

Figure 75: Eastern Europe Market Attractiveness by Country, 2024 to 2034

Figure 76: South Asia and Pacific Market Value (US$ Million) by Customer Type, 2024 to 2034

Figure 77: South Asia and Pacific Market Value (US$ Million) by Application, 2024 to 2034

Figure 78: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034

Figure 79: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 80: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 81: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 82: South Asia and Pacific Market Value (US$ Million) Analysis by Customer Type, 2019 to 2034

Figure 83: South Asia and Pacific Market Value Share (%) and BPS Analysis by Customer Type, 2024 to 2034

Figure 84: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Customer Type, 2024 to 2034

Figure 85: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 86: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 87: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 88: South Asia and Pacific Market Attractiveness by Customer Type, 2024 to 2034

Figure 89: South Asia and Pacific Market Attractiveness by Application, 2024 to 2034

Figure 90: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034

Figure 91: East Asia Market Value (US$ Million) by Customer Type, 2024 to 2034

Figure 92: East Asia Market Value (US$ Million) by Application, 2024 to 2034

Figure 93: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 94: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 95: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 96: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 97: East Asia Market Value (US$ Million) Analysis by Customer Type, 2019 to 2034

Figure 98: East Asia Market Value Share (%) and BPS Analysis by Customer Type, 2024 to 2034

Figure 99: East Asia Market Y-o-Y Growth (%) Projections by Customer Type, 2024 to 2034

Figure 100: East Asia Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 101: East Asia Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 102: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 103: East Asia Market Attractiveness by Customer Type, 2024 to 2034

Figure 104: East Asia Market Attractiveness by Application, 2024 to 2034

Figure 105: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 106: Middle East and Africa Market Value (US$ Million) by Customer Type, 2024 to 2034

Figure 107: Middle East and Africa Market Value (US$ Million) by Application, 2024 to 2034

Figure 108: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034

Figure 109: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 110: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 111: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 112: Middle East and Africa Market Value (US$ Million) Analysis by Customer Type, 2019 to 2034

Figure 113: Middle East and Africa Market Value Share (%) and BPS Analysis by Customer Type, 2024 to 2034

Figure 114: Middle East and Africa Market Y-o-Y Growth (%) Projections by Customer Type, 2024 to 2034

Figure 115: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 116: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 117: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 118: Middle East and Africa Market Attractiveness by Customer Type, 2024 to 2034

Figure 119: Middle East and Africa Market Attractiveness by Application, 2024 to 2034

Figure 120: Middle East and Africa Market Attractiveness by Country, 2024 to 2034

Frequently Asked Questions

How Big is the Global Dredging Market Currently?

The global dredging market is estimated to be around USD 16.6 billion in 2024.

What is the Growth Outlook of the Dredging Market?

The global dredging market is to grow at 2.15% during the forecast period.

What is the projected Value of Dredging Market by 2034?

The global dredging market is predicted to be valued at USD 20.6 billion by 2034.

What was the Historical Size of the Dredging Market?

The global dredging market was valued at USD 15,246.87 million in 2019.

Which Segment is the Leading User of the Global Dredging Market?

Governments account for nearly 45.5% revenue share of the global dredging market.

Which Regional Dredging Market has the Highest Growth Potential?

India is predicted to grow at a significant CAGR during the forecast period.

Future Market Insights

Dredging Market