Marine and Port Construction Trends and Forecast
The future of the global marine and port construction market looks promising with opportunities in the dredging, breakwater construction, wharf or jetty construction, docks, berth, and terminal markets. The global marine and port construction market is expected to grow with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are rising investments in offshore energy exploration, expansion of global trade fuels, and increasing government initiatives for port modernization and capacity.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Marine and Port Construction by Segment
The study includes a forecast for the global marine and port construction by port type, construction mode, application, and region.
Marine and Port Construction Market by Port Type [Shipment Analysis by Value from 2018 to 2030]:
• Sea Port
• Inland Port
• Others
Marine and Port Construction Market by Construction Mode [Shipment Analysis by Value from 2018 to 2030]:
• Old Port Upgrade
• New Port Construct
Marine and Port Construction Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Dredging
• Breakwater Construction
• Wharf or Jetty Construction
• Docks
• Berth
• Terminal
• Others
Marine and Port Construction Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Marine and Port Construction Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies marine and port construction companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the marine and port construction companies profiled in this report include-
• Grupo
• China State Construction Engineering Construction
• Hyundai Engineering And Construction
• Strabag
• DEME
• Ningbo Zhoushan Port
• Boskalis
• Bechtel
• Mccarthy Building
• China Merchants
Marine and Port Construction Market Insights
Lucintel forecasts that sea port is expected to witness the higher growth.
Within this market, dredging is expected to witness the highest growth.
North America is expected to witness highest growth.
Features of the Global Marine and Port Construction Market
Market Size Estimates: Marine and port construction market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Marine and port construction market size by port type, construction mode, application, and region in terms of value ($B).
Regional Analysis: Marine and port construction market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different port types, construction modes, applications, and regions for the marine and port construction market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the marine and port construction market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for marine and port construction market?
Answer: The global marine and port construction market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the marine and port construction market?
Answer: The major drivers for this market are rising investments in offshore energy exploration, expansion of global trade fuels, and increasing government initiatives for port modernization and capacity.
Q3. What are the major segments for marine and port construction market?
Answer: The future of the marine and port construction market looks promising with opportunities in the dredging, breakwater construction, wharf or jetty construction, docks, berth, and terminal markets.
Q4. Who are the key marine and port construction market companies?
Answer: Some of the key marine and port construction companies are as follows:
• Grupo
• China State Construction Engineering Construction
• Hyundai Engineering And Construction
• Strabag
• DEME
• Ningbo Zhoushan Port
• Boskalis
• Bechtel
• Mccarthy Building
• China Merchants
Q5. Which marine and port construction market segment will be the largest in future?
Answer: Lucintel forecasts that sea port is expected to witness the higher growth.
Q6. In marine and port construction market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the marine and port construction market by port type (sea port, inland port, and others), construction mode (old port upgrade and new port construct), application (dredging, breakwater construction, wharf or jetty construction, docks, berth, terminal, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Marine and Port Construction Market, Marine and Port Construction Market Size, Marine and Port Construction Market Growth, Marine and Port Construction Market Analysis, Marine and Port Construction Market Report, Marine and Port Construction Market Share, Marine and Port Construction Market Trends, Marine and Port Construction Market Forecast, Marine and Port Construction Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.