Italy is among one of the promising countries in the global dredging market. The primary factor contributing to the growth of the market in the country includes the growing expansion of ports. For instance, in April 2019, the Government of Italy signed a memorandum of understanding (MoU) with China, to jointly invest and develop harbors and ports of Italy. This infrastructure investment by China is part of China’s Belt and Road initiative (BRI). It is a multi-billion-dollar plan that involves infrastructure development in Europe and across the globe. The MoU majorly focuses on the development of the Italian ports of Trieste and Genoa. This initiative offers a huge opportunity for the domestic as well as global dredging market players to expand their services in the country.
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In addition, the established oil and gas industry in Italy owing to the growing demand for natural gas in its power sector is also contributing to the growing dredging market. The country had significant natural gas production with 4.5 Mtoe in 2018. Further, the increase in the gas field development plan is also expected to drive the market for dredging in the country. For instance, the development plan of Teodorico gas field led by an oil and gas company based in Australia named Po Valley Energy. Such plans are expected to offer growth to the dredging market in Italy during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Italy Dredging Market by Type
- Mechanical Dredger
- Bucket Dredger
- Grab Dredger
- Backhoe Dredger
- Hydraulic Dredger
- Suction
- Cutter Suction Dredger
- Trailing Suction Hopper Dredger
- Barge Unloading Dredger
- Italy Dredging Market by End-User
- Government
- Oil and Gas Companies
- Mining Companies
- Others (Renewable Energy)
Company Profiles
- Dragflow s.r.l.
- Dredging Environmental and Marine Engineering (DEME) N.V.
- DSC Dredge LLC
- Floatex srl
- Italdraghe S.p.A.
- Kiasma S.r.l.
- La Dragaggi s.r.l.
- Pneuma S.r.l.
- Royal Boskalis Westminster N.V.
The Report covers:
- Comprehensive research methodology of the Italy 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 Italy dredging market.
- Insights about market determinants which are stimulating the Italy dredging market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
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