Global Dredging Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Capital Dredging, Maintenance Dredging, and Environmental Dredging.

By Equipment;

Cutter Suction Dredgers, Backhoe Dredgers, Grab Dredgers, and Amphibious Dredgers.

By Customer;

Government, O&G Companies, Mining Companies, Renewables and Others.

By Application;

Trade Activity, Trade Maintenance, Energy Infrastructure, Urban Development, Coastal Protection and Leisure.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn316441681 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Dredging Market (USD Million), 2021 - 2031

In the year 2024, the Global Dredging Market was valued at USD 11,514.13 million. The size of this market is expected to increase to USD 13,969.57 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.8%.

The global dredging market plays a crucial role in supporting maritime infrastructure, environmental protection, and economic development. Dredging involves the excavation and removal of sediments, debris, and other materials from underwater environments, primarily to maintain navigable waterways, construct ports, reclaim land, and protect coastal areas. This market encompasses a wide range of activities, including capital dredging for new projects, maintenance dredging for existing waterways, and environmental dredging aimed at restoring and preserving aquatic ecosystems.

One of the primary drivers of the global dredging market is the continuous expansion of global trade and the subsequent need for efficient port infrastructure. As international trade volumes grow, ports must accommodate larger vessels and increased traffic, necessitating regular dredging to maintain sufficient depth and navigability. Additionally, the rise in coastal development projects, including the construction of waterfront properties, industrial zones, and tourism facilities, drives demand for dredging services. These projects often require land reclamation and shoreline stabilization, further boosting the market.

Environmental considerations also significantly influence the dredging market. Dredging is essential for environmental restoration projects, such as wetland creation, habitat enhancement, and contamination removal from water bodies. The integration of sustainable practices and advanced technologies in dredging operations helps minimize environmental impact and comply with stringent regulatory standards. As awareness of environmental sustainability grows, the demand for eco-friendly dredging solutions is expected to rise. The global dredging market is poised for continued growth, driven by the need for infrastructure development, environmental protection, and technological advancements.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Equipment
    3. Market Snapshot, By Customer
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Dredging Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Coastal infrastructure development
        2. Expanding port capacities
        3. Environmental restoration projects
        4. Rising trade volumes
        5. Climate change adaptation
      2. Restraints
        1. High operational costs
        2. Environmental regulation challenges
        3. Skilled labor shortage
        4. Project funding limitations
        5. Equipment maintenance issues
      3. Opportunities
        1. Technological innovation advancements
        2. Emerging market expansion
        3. Sustainable dredging practices
        4. Offshore energy projects
        5. Government infrastructure investments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Dredging Market, By Type, 2021 - 2031 (USD Million)
      1. Capital Dredging
      2. Maintenance Dredging
      3. Environmental Dredging
    2. Global Dredging Market, By Equipment, 2021 - 2031 (USD Million)
    3. Cutter Suction Dredgers
      1. Backhoe Dredgers
      2. Grab Dredgers
      3. Amphibious Dredgers
    4. Global Dredging Market, By Customer, 2021 - 2031 (USD Million)
      1. Government
      2. O&G Companies
      3. Mining Companies
      4. Renewables
      5. Others.
    5. Global Dredging Market, By Application, 2021 - 2031 (USD Million)
      1. Trade Activity
      2. Trade Maintenance
      3. Energy Infrastructure
      4. Urban Development
      5. Coastal Protection
      6. Leisure.
    6. Global Dredging Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Royal IHC
      2. DEME Group
      3. Boskalis Westminster
      4. Jan De Nul Group
      5. Van Oord
      6. Great Lakes Dredge & Dock Company
      7. China Harbour Engineering Company
      8. Weeks Marine Inc.
      9. Hyundai Engineering & Construction
      10. National Marine Dredging Company
  7. Analyst Views
  8. Future Outlook of the Market