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Italy Dredging Market Size, Industry Trends, Share and Forecast 2020-2026

India dredging market is expected to grow at a CAGR of nearly 4.4% during the forecast period. The Indian dredging industry is significantly driven by the increasing demand for dredging from its major and non-major ports. Owing to the recent developments to encourage local manufacturing coupled with the Make in India initiative and the governmentu2019s focus for the development of the Indian maritime sector, the dredging sector is gaining significance across the country. India has 12 major ports and nearly 200 non-major ports administered by Central and State Governments, respectively. Indian ports are focusing on handling more cargo with the accommodation of larger vessels and fulfilling global standards in port infrastructure to achieve economies of scale.

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Italy Dredging Market Size, Industry Trends, Share and Forecast 2020-2026

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  1. Orion Market Research Italy Dredging Market:Industry Growth, Size, Share and Forecast 2019-2025 Request a Free Sample of Report on sample/italy-dredging-market ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780304040 Italy Dredging Market @ https://www.omrglobal.com/request-

  2. Italy is among one of the promising countries in the global dredging market. The primary factor contributing to the growth of the market in the country includes the growing expansion of ports. For instance, in April 2019, the Government of Italy signed a memorandum of understanding (MoU) with China, to jointly invest and develop harbors and ports of Italy. This infrastructure investment by China is part of China’s Belt and Road initiative (BRI). It is a multi-billion-dollar plan that involves infrastructure development in Europe and across the globe. The MoU majorly focuses on the development of the Italian ports of Trieste and Genoa. This initiative offers a huge opportunity for the domestic as well as global dredging market players to expand their services in the country. A full Report of Italy Dredging Market at https://www.omrglobal.com/industry-reports/italy-dredging- market In addition, the established oil and gas industry in Italy owing to the growing demand for natural gas in its power sector is also contributing to the growing dredging market. The country had significant natural gas production with 4.5 Mtoe in 2018. Further, the increase in the gas field development plan is also expected to drive the market for dredging in the country. For instance, the development plan of Teodorico gas field led by an oil and gas company based in Australia named Po Valley Energy. Such plans are expected to offer growth to the dredging market in Italy during the forecast period. Request a Free Sample of Report on Italy Dredging Market @ https://www.omrglobal.com/request- sample/italy-dredging-market Some prominent players in the market include Dragflow s.r.l., DEME N.V., Italdraghe S.p.A., and Royal Boskalis Westminster N.V. In May 2020, Dragflow declared that it will deliver a new remote-controlled dredger to a French company which is involved in sand and gravel production. The new dredger will be primarily used to restore the capacity of a sedimentation pond. The overall field of the pond requires to be dredged and the material pumped at a distance of 1,000 metres. The new dredger is outfitted with state-of-the-art electronic controls which are intended to monitor inclination, weight, and other parameters of the equipment for protection of operator from most incidents of misuse. Market Segmentation By Type • Mechanical Dredger • Bucket Dredger • Grab Dredger • Backhoe Dredger • Hydraulic Dredger • Suction • Cutter Suction Dredger • Trailing Suction Hopper Dredger • Barge Unloading Dredger

  3. By End-User • • • • For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/italy-dredging-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404 Government Oil and Gas Companies Mining Companies Others (Renewable Energy)

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