LAMEA Dredging Equipment Market Size, Share & Trends Analysis Report By Type, By Application (Navigational Channels, Land Reclamation, Environmental Remediation, Construction, and Others), By Country and Growth Forecast, 2024 - 2031

The Latin America, Middle East and Africa Dredging Equipment Market is projected to witness market growth of 8.4% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Dredging Equipment Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $135.6 Million by 2031. The Argentina market is showcasing a CAGR of 9.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.5% during (2024 - 2031).



Rapid urbanization and infrastructure development projects necessitate land reclamation from coastal and marine areas. This equipment is crucial in reclaiming land for residential, commercial, and industrial purposes. This application is particularly prominent in densely populated coastal cities.

The market is witnessing several significant trends driven by technological advancements, environmental regulations, infrastructure development, and economic shifts. These trends are shaping the industry and influencing market dynamics in various regions. Integrating advanced technologies such as automation, artificial intelligence (AI), and remote sensing is transforming dredging operations. Automated dredging systems improve operational efficiency, reduce human intervention, and enable real-time monitoring of dredging activities.

Expanding and constructing ports in the UAE, such as Jebel Ali Port in Dubai and Khalifa Port in Abu Dhabi, have increased dredging activities. According to the Government of UAE, Khalifa Port is a massive new AED 26.5 billion, 420 square kilometers port that will spring industrial development in the Al Taweelah area in Abu Dhabi. It is the first semi-automated port in the Middle East and North Africa. The port’s commercial activities started on 1 September 2012. Abu Dhabi Ports Company (ADPC) is developing the project, and Abu Dhabi Terminals (ADT) operates its terminals. In addition, Kuwait’s oil sector requires extensive dredging activities to expand and maintain oil terminals and marine infrastructure.

Dredging is essential for deepening navigation channels, berths, and harbors to accommodate large oil tankers and support efficient loading and unloading operations. According to the International Trade Administration (ITA), by 2030, the Kuwait Petroleum Corporation (KPC) intends to increase its crude oil production output to 4.75 million barrels per day (mmb/d) and increase its natural gas output to 4 billion cubic feet. These objectives are expected to be achieved by 2040. These initiatives fuel significant investments in infrastructure projects, focusing on constructing and expanding ports, jetties, and offshore facilities. Hence, increasing port infrastructure and the rising oil sector drive the market's growth.

List of Key Companies Profiled

• Liebherr-International AG
• American Marine Corporation (Holco Group)
• Dredge Yard B.V.
• DSC Dredge, LLC
• Ellicott Dredges, LLC (Markel Corporation)
• GeoForm International Inc.
• Holland Dredge Design
• IHC Merwede Holding B.V.
• Shandong Haohai Dredging Equipment Co., Ltd.
• US Aqua Services

Market Report Segmentation

By Type

• Hydraulic Dredger
• Mechanical Dredger
• Others

By Application

• Navigational Channels
• Land Reclamation
• Environmental Remediation
• Construction
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA