Global dredging market rose by a CAGR of 6.1% in 2000-2016, IAA PortNews journalist cites Richard Brakenhoff, Industry analyst at Rabobank, as saying at the Dredging Today Conference (DTC) which started today, 9 October 2017, at Amsterdam RAI Convention Center.
Among the structural growth drivers of the global dredging market the speaker mentioned population growth, particularly in coastal areas; global warming, leading to a rising sea level; growth of seaborne trade; rise of the global consumption of energy and metals; growth of global tourism. He also added that offshore wind continues to stimulate dredging market.
According to Richard Brakenhoff, growth of the dredging market resumes as of 2018.
Media Group PortNews organizes Congress «Hydraulic Engineering Structures of Water Transport» on February 7-8, 2018 >>>>