Marine And Ports Construction Market Report 2026

Marine And Ports Construction Market Overview

• Marine And Ports Construction market size has reached to $68.41 billion in 2025 • Expected to grow to $97.03 billion in 2030 at a compound annual growth rate (CAGR) of 7.7% • Growth Driver: Rising Maritime Trade Drives Growth In The Marine And Port Construction Markets • Market Trend: Collaborative Initiatives For Zero-Carbon Port Terminals In Marine And Port Construction • North America was the largest region and fastest growing region.

What Is Covered Under Marine And Ports Construction Market?

Marine and port construction refers to the building of structures near bodies of water, such as oceans, rivers, ports, and harbors. This includes the construction of piers, wharves, and seawalls used for the loading and unloading of cargo and passengers from ships. The main marine and port construction port types are sea ports, inland ports, and other types. A seaport is a harbor or port on a seacoast, river, or other navigable body of water that serves as a docking location for ships and boats to load or unload cargo, passengers, or fuel. The various construction types are terminal, equipment, and others. The various product types are old port upgrades, and new port construction applied to dredging, breakwater construction, wharf or jetty construction, docks, berths, terminals, and others.

What Is The Marine And Ports Construction Market Growth Forecast?

The marine and ports construction market size is expected to see strong growth in the next few years. It will grow to $97.03 billion in 2030 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to growing focus on climate-resilient port infrastructure, rising investment in automated and smart port systems, expansion of inland and intermodal port facilities, increasing adoption of durable marine construction materials, development of new deep-water port projects. Major trends in the forecast period include expansion of coastal protection and resilience infrastructure, increasing demand for port capacity upgrades, growth in dredging and deep-water channel development, rising investment in wharf, jetty, and terminal modernization, greater emphasis on high-durability marine construction materials.

What Is The Driver Of The Marine And Ports Construction Market?

The surge in demand for maritime trade is expected to propel the growth of the marine and port construction markets going forward. Maritime trade is the transport of goods across international borders between two countries. It is a low-cost, efficient method of transporting goods from one country to another. Ports are maritime constructions located near bodies of water, primarily seas, oceans, and rivers, where ships load and unload cargo and passengers. Marine and port constructions are useful in the construction of some of the large ports and marinas to load and unload goods from ships, and thus, a rise in maritime trade will propel the market growth. For instance, in October 2024, according to the UN Trade and Development (UNCTAD), a Switzerland-based intergovernmental organization, in 2023, maritime trade volumes rose by 2.4% to reach 12,292 million tons, recovering from a contraction experienced in 2022. Therefore, the surge in demand for maritime trade is driving the growth of the marine and port construction markets going forward.

Key Players In The Global Marine And Ports Construction Market

Major companies operating 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, Keller, TAMS Group, SMC Marine, Coastwide Civil, Geomarine, Teo Marine Limited, Vinci Construction Maritime et Fluvial, Heerema Marine Contractors, Dredging International, Budimex SA, Hydrobudowa Polska SA, 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

Global Marine And Ports Construction Market Trends and Insights

Major Companies operating in the marine and port construction market are focusing on developing zero-carbon port terminals to reduce carbon emissions. For example, in December 2023, APM Terminals, a Netherlands-based shipping company, partnered with DP World, a UAE-based logistics company launched the Zero Emission Port Alliance at COP28. It aims to accelerate the use of battery-electric container handling equipment (BE-CHE) in ports by focusing on affordability, accessibility, and interoperability. Its key features include boosting production capacity to reduce costs, lowering expenses for batteries and charging solutions, preparing terminal operators and grid infrastructure for transition, and improving conditions for zero-emission fleets. By fostering collaboration within the port ecosystem, ZEPA seeks to make BE-CHE competitive with diesel options within 2-8 years, promoting significant decarbonization in the industry.

What Are Latest Mergers And Acquisitions In The Marine And Ports Construction Market?

In January 2023, Kiewit Corporation, a US-based construction company, acquired Weeks Marine, Inc. for an undisclosed amount. With this acquisition, Kiewit Corporation aims to strengthen its presence in the marine construction sector, expand its capabilities in dredging and coastal restoration, and enhance its portfolio of heavy civil and marine infrastructure projects across North America. Weeks Marine, Inc. is a US-based provider of marine construction.

What Defines the Marine And Ports Construction Market?

The marine and port construction market includes revenues earned by entities by constructing jetties, quays, bulkheads, and breakwaters. The market includes new work, additions, alterations, maintenance, and repairs. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in theMarine And Ports Construction Market Report 2026?

The marine and ports construction market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the marine and ports construction industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.