North America dredging market is estimated to grow at a CAGR of nearly 2.0% during the forecast period. Some pivotal factors encouraging dredging operations in the region include emerging investment in maritime infrastructure and increasing offshore oil and gas operations. Significant rise in global trade activities is leading to an increasing focus on the improvement of maritime infrastructure. As a result, several contracts for port dredging operations have reported in the country. For instance, in March 2019, $35 million was received by the Boston Harbor Dredging Project in federal funding. The project is nearly 30% complete, and the funding will support to continue on schedule. This project is a $350 million collaboration between the Commonwealth of Massachusetts, Massachusetts Port Authority (Massport), and the USACE.
Get Free Sample link @ https://www.omrglobal.com/request-sample/north-american-dredging-market
In December 2017, the maintenance dredging of the inner harbor was completed, and the deepening of the key ship channels started in July 2018 for accommodating large container vessels today and in the future. The investment in the Boston Port will enable local manufacturers, industries, and workers to become competitive in the rising global economy. These kinds of investment for maintenance of ports is driving the adoption of marine vessels fitted with dredgers that are capable of weeding off depositions including sediments, sand, gravel, and more from the seabed. Dredging operations ensures safe bottom clearances for the safer voyages and facilitates fishing or water navigation easier in shallow water.
A full report of North America Dredging Market available @ https://www.omrglobal.com/industry-reports/north-american-dredging-market
- 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
North America 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
North America Dredging Market by End-User
- Government
- Oil and Gas Companies
- Mining Companies
- Others (Renewable Energy)
Regional Analysis
- United States
- Canada
Company Profiles
- 3R, Inc.
- Callan Marine, Ltd.
- Canadian Dewatering LP
- Coastal Dredging Company, Inc. (CDC)
- Ellicott Dredges
- Fraser River Pile and Dredge (GP) Inc.
- Great Lakes Dredge & Dock Co., LLC
- Inland Dredging Company, LLC
- F. Brennan Co., Inc.
- Jay Cashman, Inc.
- Norfolk Dredging Co.
- Normrock Industries
- Ocean Group
- Orion Group Holdings, Inc.
- Weeks Marine, Inc.
The Report covers:
- Comprehensive research methodology of the North America 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 North America dredging market.
- Insights about market determinants which are stimulating the North America dredging market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/north-american-dredging-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
