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.
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Some prominent players in the market include Royal Boskalis Westminster N.V., Jan De Nul NV, Van Oord N.V., and DEME N.V.
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.
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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.
European Dredging Market by Type
Cutter Suction Dredger
Trailing Suction Hopper Dredger
Barge Unloading Dredger
European Dredging Market by End-User
Oil and Gas Companies
Others (Renewable Energy)
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