The Marine And Ports Construction Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Marine And Ports Construction Market?
The historical growth trend in the Marine And Ports Construction Global Market Report 2025 indicates a robust expansion. The market size has notably increased from $66.7 billion in 2024 and is anticipated to reach $70.99 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Marine And Ports Construction Industry?
The Marine And Ports Construction Global Market Report forecasts that by 2029, the industry will be worth $92.16 billion, growing at a compound annual growth rate (CAGR) of 6.7%.
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What are the Key Growth Drivers Fueling the Marine And Ports Construction Market?
The key drivers in the marine and ports construction market are:
• Supportive government investments in marine and port infrastructure
• The increasing construction of new ports to accommodate escalating freight traffic
• The growing tourism industry necessitating enhanced port facilities
• Population growth leading to increased demand for goods and services, thus prompting port expansion.
Global Market Segmentation: Identifying Major Marine And Ports Construction Industry Segments
The marine and ports construction market covered in this report is segmented –
1) By Port Type: Sea Port, Inland Port, Other Types
2) By Construction Mode: Old Port Upgrade, New Port Construct
3) By Application: Dredging, Breakwater Construction, Wharf or Jetty Construction, Docks, Berths, Terminals, Other Applications
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What are the Emerging Trends Shaping the Future of the Marine And Ports Construction Market?
The key trends in the marine and ports construction market are:
• The market will witness an increased emphasis on the development of zero-carbon port terminals.
• New facility expansions will be a prevalent emerging trend.
• Innovative machines and equipment is becoming essential in port construction.
• There is a growing trend for partnerships, collaborations and increased investments to improve the market.
Who Are the Top Competitors & Leading Players in the Marine And Ports Construction Market?
Major companies in the marine and ports construction market are:
• China Communications Construction Co Ltd
• Grupo ACS
• China State Construction Engineering Construction Co Ltd
• Hyundai Engineering and Construction Co Ltd
• Strabag SE
• DEME Group
• Ningbo Zhoushan Port Company Limited
• Boskalis
• Bechtel Corporation
• McCarthy Building Companies Inc
• China Merchants Group
• The Great Eastern Shipping Company Limited
• Keller
• TAMS Group
• SMC Marine
• Coastwide Civil
• Geomarine
• Teo Marine Limited
• Vinci Construction Maritime et Fluvial
• Heerema Marine Contractors
• Dredging International
• Budimex SA
• Sovfracht Group
• Hydrobudowa Polska SA
• FESCO
• AECOM
• Midcoast Construction Enterp
• Manson Construction Co
• Construcciones Industriales Tapia
• PCL Construction
• Ballard Marine Construction
• CMC SUBSEA
• Orion Marine Group
• Wilson Sons
• Naval Martins
• Santos Brasil
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the marine and port construction market in 2024
