Industry Background:
A pipe dredger is equipment used in the dredging process that focuses on maintaining the depth of the navigation channel or berthing areas for ensuring the safe passage for ships and boats. There are mechanical and hydraulic pipe dredgers that are used in applications such as dredge pipelines, water transportation, floating cable, aquaculture breeding, and other applications.This growth is primarily driven by Growing Need for Pipe Dredgers for Marien Applications, Demand for and Increasing Waterway Depth in the Waters and Need for Removing the Accumulated Debris.
Globally, a noticeable market trend is evident Rising Use of Mechanical Pipe Dredgers in Various Applications. Major Manufacturers, such as Damen Shipyards Group (Netherlands), AMERICAN Cast Iron Pipe Company (United States), Naylor Pipe Co. (United States), Arntzen Corporation (United States), Kuzeyboru Company (Turkey), Dixon Group Europe Ltd (United Kingdom), KIASMA GROUP (Italy) and Great Lakes Dredge & Dock Corporation (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 17th September 2020, Damen Shipyards Group launched a Marine Aggregate Dredger (MAD) 3500 at its Galati yard in Romania. Damen is building the MAD for UK-based Hanson. The company will use the vessel to conduct offshore aggregate extraction in water depths up to -55 meters in the North Sea and the English Channel.
On 19th May 2020, Damen Shipyards Group has signed an agreement with Korean yard Hanjin Heavy Industries and Construction (HHIC) to deliver a complete components package. The package includes all equipment for oil recovery operations as well as a complete dredging installation. The multi-purpose vessel will primarily act as an oil recovery vessel and will undertake work as a hopper dredger when not tending to emergencies.
Market Drivers
- Growing Need for Pipe Dredgers for Marien Applications
- Demand for
- Increasing Waterway Depth in the Waters and Need for Removing the Accumulated Debris
Market Trend
- Rising Use of Mechanical Pipe Dredgers in Various Applications
Restraints
- Handling and Maintenance related Problems with Pipe Dredger
Opportunities
Surging Demand for Pipe Dredger from the Developing Nations and Increasing Spendings on the Waterways Clearance will Boost the Pipe Dredger Market
Challenges
Availability of Low-Quality Pipe Dredger in the Market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Pipe Dredger Study Sheds Light on
— The Pipe Dredger Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Pipe Dredger industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Pipe Dredger industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.