France dredging market is estimated to grow at a CAGR of nearly 2.0% during the forecast period. France is the world’s sixth-largest industrialized economy and the EU’s third-largest economy after France and the UK. France dredging market is being significantly driven by the presence of a large coastline and beaches may contribute to driving the demand for dredging in the country. The Government of France had set up a long-term partnership with the UK and initiated a project named SETARMS, which will assist both sides of the channel. As per the project, France has six ports in the channel, through which, the country manages dredging operations.  According to the Cerema, every year around 35 to 40 million m3 of sediments are dredged in France in maintenance operations, and 90.0% of this volume is dredged in the major ports on river estuaries, such as Gironde estuary.

André L is one of the advanced vessels engaged in the dredging of sand and gravel from the Atlantic coast of France. In addition, it is expected that there is a significant demand for marine aggregates in the country owing to the limited land-based mining of sedimentary aggregates for the concrete industry. This, in turn, is expected to drive the demand for dredging in the near future. The demand for aggregates dredging is increasing in the Atlantic coast of France and therefore, several companies operate at the coast, which includes La Rochelle-based Dragages Transports et Travaux Maritimes. 

Companies operating in the market include the Liebherr Group, DEME N.V., Barillec Marine, and Royal Boskalis Westminster N.V. In August 2019, Deme and Eiffage awarded EPCI foundation contract for the first offshore wind farm in France. It is a 480 MW Saint-Nazaire offshore wind farm, led by Enbridge and EDF Renewables. It will be situated between 12 km and 20 km off the coast of the Guerande peninsula in western France. Water depths for the installation range between 12 and 25 metres. This wind farm is anticipated to produce adequate electricity to deliver 20% of the Loire-Atlantique department ‘s power. The project will supply drilled monopiles, which is a new step forward for the offshore wind industry.

Research Methodology

The market study of the France 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:

1. France Dredging Market Research and Analysis, By Type
2. France Dredging Market Research and Analysis, By End-User

The Report covers:

• Comprehensive research methodology of the France 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 France dredging market.
• Insights about market determinants which are stimulating the France dredging market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.