Germany dredging market is estimated to grow at a CAGR of nearly 2.1% during the forecast period. Germany is one of the major contributors to the growth of the dredging market in Europe. The major factors that are driving the German market include the presence of some of the major ports and serving the sediment transport and management activities in the country. The Port of Hamburg is considered one of the most important seaports in Europe and the logistics centre for the North of Germany and as such one of the supports for economic growth. Nearly 10,000 ships a year use the Port of Hamburg. Nearly 1,700 transport companies have their head office and twenty of the twenty-five largest liner shipping companies in the world have their Germany head office or a subsidiary in Hamburg. The Hamburg Port Authority (HPA) is active in the Port of Hamburg wherever efficiency, safety, and economy are important.
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According to the Central Dredging Association (CEDA), around 46 million m3/a of dredged material is obtained from the maintenance of total waterbodies in Germany every year. In which, nearly 76.1% of dredged material is obtained from 35 coastal waterways in the country, followed by 13.1% from seaports. As per the Germany Commission, Germany has a coastline of over 3,500 km along both the Baltic sea (2,009 km) and the North Sea (1,515 km). In addition, the occurrence of dramatic flood events in Germany contributes to the increasing demand for dredging activities in the country. The expected Sea Level Rise (SLR), the length of the coastline, and the considerable number of low-lying areas near the North and Baltic Sea make Germany sensitive to coastal flooding. This, in turn, increases the rate of dredging in the country to avoid floods.
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Germany Dredging Market Segmentation
By Type
- Mechanical Dredger
- Bucket Dredger
- Grab Dredger
- Backhoe Dredger
- Hydraulic Dredger
- Suction
- Cutter Suction Dredger
- Trailing Suction Hopper Dredger
- Barge Unloading Dredger
By End-User
- Government
- Oil and Gas Companies
- Mining Companies
- Others (Renewable Energy)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
