European dredging market is estimated to grow at a CAGR of nearly 1.8% during the forecast period. The coasts and rivers in Europe have a significant natural and socio-economic contribution to the region. The sediment management and dredging are considered as core activities of Europe to ensure better functioning of coasts and rivers. The awareness for the management of sediments has been increased significantly in Europe owing to cohesive government policies. Germany and the Netherlands, both countries have large sea harbors, such as Bremen/Bremerhaven, Hamburg, Rotterdam, and Delfzijl, which receive large amounts of sediments both from upstream areas by rivers and from the sea by tidal processes. Both countries are equally subject to cross-national dimensions of dredging in Europe. Therefore, the Dutch-German Exchange (DGE) was formed as an informal bilateral platform for trading information, knowledge, and experiences in the field of dredged material management. Germany, the Netherlands, UK, France, Belgium, and Denmark are active members of DGE. 

Efficient management and handling of dredged material are important both in the Netherlands and Germany, as huge amounts of dredged material emerge from construction, maintenance, and clean-up works within water systems. It contributes nearly 35 and 50 million m³/year of dredged material, respectively. European Dredging Association, an association for European dredging firms and associated organization interface with several EU Institutions and some global organizations, including ILO, IMO, or HELCOM. European Dredging Association members are global market leaders with nearly 80.0% share of the global open dredging market. Nearly 70.0% of operations occur outside Europe.

Some prominent players in the market include Royal Boskalis Westminster N.V., Jan De Nul NV, Van Oord N.V., and DEME N.V. In October 2019, Royal Boskalis Westminster N.V received a dredging project by the Ministry of National Planning and Infrastructure, Republic of Maldives. The dredging project carries a value of approximately $48 million. Additionally, in February 2019, Royal Boskalis Westminster N.V acquired a majority stake (62.5%) in the Horizon Group from the UAE. Horizon Group is focused on marine geophysical surveys and geotechnical services. This acquisition aims to expand its existing marine survey and subsea geotechnical business.

Research Methodology

The market study of the European dredging market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

• European Dredging Market Research and Analysis, By Type
• European Dredging Market Research and Analysis, By End-User

The Report covers:

• Comprehensive research methodology of the European dredging market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European dredging market.
• Insights about market determinants which are stimulating the European dredging market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.