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Dredging Services in the US - Industry Market Research Report

Publisher IBISWorld
Published Apr 15, 2025
Length 41 Pages
SKU # IBSS20009638

Description

Dredging Services in the US

Funds made available through various federal agencies have promoted growth for dredging companies. The outbreak of COVID-19 negatively impacted dredging companies, as many had to halt operations because of outbreaks on vessels, making it challenging to satisfy time constraints in their contractual obligations. Industry-wide revenue has been growing at a CAGR of 1.2% over the past five years and is expected to total $5.0 billion in 2023, when revenue will inch up by an estimated 0.6%. Profit has dipped recently as labor shortages pushed up wage costs and inflationary pressures increased operational costs.

This industry provides dredging services, such as moving deep-water sediment, to keep waterways open for commerce and replenish beaches and other maritime and wetland environments.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

41 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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Pricing

Currency Rates
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