The Netherlands dredging market is estimated to grow at a CAGR of nearly XX% during the forecast period. The market is significantly driven by the presence of a number of ports and dredgers in the Netherland and high crude oil production. The port of Rotterdam is the largest seaport in Europe and is involved in maritime accessibility. In April 2019, the port of Rotterdam announced the new accommodation for the larger ships, as the waterway was deepened over a length of 25 km, from Hoek van Holland to the Benelux tunnel. Therefore, the demand for dredging is certainly high at the Rotterdam port. In December 2019, Royal Boskalis Westminster N.V. received a multi-year contract for a maintenance dredging project in Rotterdam. This aims to ensure the continued safe access to the Rotterdam port.
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The market study of the Netherlands dredging market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.
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In the European Union (EU), the Netherlands is the major producer of natural gas. The Groningen field is one of ten largest gas fields globally and hundreds of small gas fields are there in the country’s subsurface. However, oil reserves are limited, in spite of the 48 discovered fields. As at 1 January 2016 477 proven natural gas accumulations reported in the country. The booming liquefied natural gas (LNG) market is expected to contribute for a large number of dredging projects, including the construction of ports to accommodate LNG vessels. Therefore, significant natural gas production is further anticipated to drive the demand for dredging operations in the country.
Some key players in the market include Royal Boskalis Westminster B.V., Van Oord N.V., and Van Oord N.V. Van Oord N.V. designs, engineers, and builds energy, tourist, and port infrastructure, reclaim land and protects coastal areas. The company has three subsidiaries within the Dredging business unit including Wicks, Mackley, and Dravo S.A. In July 2019, Van Oord strengthened its dredging fleet with a third new trailing suction hopper dredger. It is a part of a wide fleet renewal program in the dredging business unit. These new hoppers would replace current vessels and is suitable to make its fleet more energy efficient and cost-effective.
Netherlands Dredging Market – Segmentation
Cutter Suction Dredger
Trailing Suction Hopper Dredger
Barge Unloading Dredger
Oil and Gas Companies
Others (Renewable Energy)
Baggerbedrijf de Boer B.V.
Bell Dredging Pumps B.V.
Dredging Environmental and Marine Engineering (DEME) N.V.
Heuvelman Ibis BV
Holland Dredge Design B.V.
Machinefabriek De Hollandsche Ijssel
ROHR-IDRECO Dredge Systems BV
Royal Boskalis Westminster N.V.
Stork Technical Services Holding B.V.
Van Oord N.V.
VOSTA LMG International B.V.
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