Harbor Deepening Market Trends, Business Strategies and Opportunities with Top Key Players

Posted on 2019-08-13 by Mark Hub in Industrial // 0 Comments

In this report, Fact.MR offers a 10-year forecast of the global harbor deepening market, between
2018 and 2028. The market is expected to expand at a CAGR of 3% during the forecast period. The
study reveals market dynamics in seven geographic segments along with market analysis for the
current market environment and future scenario over the forecast period.

With seaborne trade gaining importance in terms of economic development of a nation, government organizations are largely investing in harbor deepening activities worldwide. A deeper harbor can accommodate heavy and large container ships allowing expansion of trading activities in the respective region. This has gained higher significance against the backdrop of a beleaguered scenario of international trade due to the China – United States trade war. Although the possibility of improving this condition is true, it is also likely that this scenario can have a throwback on the harbor deepening market, given the likelihood of reduction in shipping activities.

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Requirement for harbor deepening in urban development is rapidly increasing however is overpowered by trade maintenance activities, according to a recent Fact.MR study. The study envisages that the harbor deepening market is projected to grow at a steady CAGR of 3.0% in terms of value during the period of forecast, 2018-2028.

The global harbor deepening market has witnessed its share of ups and downs, especially after the global recession of 2007-08. However, with the recovery in global economy, the world trade has also grown significantly. A spurt in the global infrastructure activities has necessitated the need for expansion and maintenance of existing harbor and development of new ones. Considering the fact that over 85% of global trade is carried out through sea trade, maintaining existing pathways and creating new ones has gained prominence. According to UNCTAD, global seaborne trade volume surpassed 10 billion tons in 2015, with shipments expanding by over 2%. With an increase in population, there is an emerging need for huge cargo. As a result, docking space on port and harbor is expanding.

Table of Content

Chapter 1 Executive Summary

Chapter 2 Global Harbor Deepening Market Overview
2.1 Introduction
2.2 Market Definition
2.3 Scope of the Report/Taxonomy
2.4 Opportunity Analysis in Harbor Deepening Market
2.5 Mega Trends in Harbor Deepening Market

Chapter 3 Market Dynamics
3.1 Key Growth Drivers
3.1.1 Growing Seaborne Trade Continues to Provide Impetus:
3.1.2 Growth in the Global Tourism Sector
3.1.3 Increase in Post-Panamax Ships Leading to Port Maintenance Work in Major Ports
3.2 Key Trends
3.3 Industry Opportunity
3.4 Industry Challenges
3.5 Market White Spaces Analysis and Wheel of Fortune Opportunity Analysis

Chapter 4 Associated Industry and Key Indicator Assessment
4.1 Global Dredging Industry Overview
4.2 Seaborne Trade Overview
4.3 Free and Open Market Assessment
4.4 Key Port Modernization Projects
4.5 Market Value Chain
4.6 Cost Structure Analysis
4.7 List of Active Participants
4.8 Investment Feasibility Matrix
4.9 Porter’s Five Forces Analysis
4.10 PEST Analysis
4.11 Technology Roadmap
4.12 Global Harbor Deepening Market Scenario Forecast (Optimistic, Likely and Conservative Market Conditions)
4.13 Forecast Factors

To be Continue……………

Market Taxonomy:

The global market for harbor deepening is segmented as per application and end user.

As per application, the global harbor deepening is segmented as follows:

Capital Deepening
Trade Maintenance
Urban Development
Coastal Protection

As per end user, the global harbor deepening is segmented as follows:

Government Organizations
Private Organizations
Mining & Energy Companies
Oil & Gas Companies

United States have remained dominant in the North America region, wherein increasing harbor deepening projects are being undertaken funded by the U.S government. The harbor deepening of ports in the country has largely been influenced with the increasing oil exports. Likewise, in terms of freight logistics, Germany holds an upper hand in the European Union. The harbor deepening scenario in the United Kingdom is also a significant one with increasing harbor redevelopment projects such as the Peter Harbor Redevelopment initiative.

Key players operating in the global market for harbor deepening include Royal Boskalis Westminster, Van Oord Dredging & Marine Contractors, Jan De Nul, DEME, Hyundai E&C Ltd., Penta Ocean Construction Ltd., China Harbor Engineering Company, Great Lakes Dredge & Dock Corporation and Toa Corporation.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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