Germany dredging market is estimated to grow at a CAGR of nearly 2.1% during the forecast period. Germany is one of the major contributors to the growth of the dredging market in Europe. The major factors that are driving the German market include the presence of some of the major ports and serving the sediment transport and management activities in the country. The Port of Hamburg is considered one of the most important seaports in Europe and the logistics centre for the North of Germany and as such one of the supports for economic growth. Nearly 10,000 ships a year use the Port of Hamburg. Nearly 1,700 transport companies have their head office and twenty of the twenty-five largest liner shipping companies in the world have their Germany head office or a subsidiary in Hamburg. The Hamburg Port Authority (HPA) is active in the Port of Hamburg wherever efficiency, safety, and economy are important.

According to the Central Dredging Association (CEDA), around 46 million m3/a of dredged material is obtained from the maintenance of total waterbodies in Germany every year. In which, nearly 76.1% of dredged material is obtained from 35 coastal waterways in the country, followed by 13.1% from seaports. As per the Germany Commission, Germany has a coastline of over 3,500 km along both the Baltic sea (2,009 km) and the North Sea (1,515 km). In addition, the occurrence of dramatic flood events in Germany contributes to the increasing demand for dredging activities in the country. The expected Sea Level Rise (SLR), the length of the coastline, and the considerable number of low-lying areas near the North and Baltic Sea make Germany sensitive to coastal flooding. This, in turn, increases the rate of dredging in the country to avoid floods.

The major players operating in the market include ContiTech AG, DEME N.V., Royal Boskalis Westminster N.V., and Bosch Rexroth AG. In February 2020, DEME Group received a contract as part of a joint venture (JV) to expand a 4 km stretch of Kiel Canal in Germany. Work was started in January 2020 and expected to end by 2023. The expansion will contribute to significantly augment the efficiency of the waterway, which is essential for global shipping. The work was commissioned by the Federal Waterways & Shipping Administration, represented by WSA Kiel-Holtenau. The total value of the contract is approximately $109.3 million.

Research Methodology

The market study of the Germany dredging market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. Germany Dredging Market Research and Analysis, By Type
2. Germany Dredging Market Research and Analysis, By End-User

The Report covers:

• Comprehensive research methodology of the Germany 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 Germany dredging market.
• Insights about market determinants which are stimulating the Germany dredging market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.