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How Much Will The Marine And Ports Construction Market Be Worth By 2030?
The marine and ports construction market size has shown strong growth recently. It is projected to increase from $68.41 billion in 2025 to $72.08 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 5.4%. The expansion observed in the past can be linked to factors such as growth in global trade activities, the expansion of coastal and port infrastructure, continued reliance on traditional marine construction methods, growing demand for dredging and channel deepening, and an increasing need for seawall and breakwater construction.
The marine and ports construction market is anticipated to experience robust expansion over the next few years, with its market size expected to climb to $97.03 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.7%. This expansion during the forecast period is largely due to a heightened focus on climate-resilient port infrastructure, increasing investments in automated and smart port systems, the enlargement of inland and intermodal port facilities, the rising adoption of durable marine construction materials, and the development of new deep-water port projects. Major trends identified for this period include the scaling up of coastal protection and resilience infrastructure, a growing demand for port capacity enhancements, an increase in dredging and deep-water channel development activities, rising investment in modernizing wharves, jetties, and terminals, and a stronger emphasis on highly durable marine construction materials.
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The Key Driver Behind The Marine And Ports Construction Market’s 7.7% CAGR
The marine and port construction markets are anticipated to expand as a result of the growing demand for maritime trade. Maritime trade involves the shipment of goods across international borders, offering a low-cost and efficient method for transporting products between countries. Ports are maritime facilities located near bodies of water, such as seas, oceans, and rivers, where vessels load and unload cargo and passengers. Marine and port constructions are vital for building the large ports and marinas needed to handle goods from ships, meaning an increase in maritime trade will boost market growth. For example, in October 2024, the UN Trade and Development (UNCTAD), a Switzerland-based intergovernmental organization, stated that maritime trade volumes increased by 2.4% in 2023 to reach 12,292 million tons, marking a recovery from a decline experienced in 2022. Consequently, the rising demand for maritime trade is a significant factor driving the growth of the marine and port construction markets going forward.
Marine And Ports Construction Market Classification: Main Segments And Detailed Subsegments
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
Subsegments:
1) By Sea Port: Container Terminals, Bulk Cargo Terminals, Passenger Terminals
2) By Inland Port: Intermodal Freight Terminals, River Ports, Rail Or Truck Transfer Facilities
3) By Other Types: Marinas, Fishing Ports, Special-Purpose Ports
Marine And Ports Construction Market Strategic Shifts: What Leading Players Are Prioritizing
Leading companies operating in the marine and port construction market are concentrating 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, to launch the Zero Emission Port Alliance at COP28. This alliance aims to accelerate the adoption of battery-electric container handling equipment (BE-CHE) in ports by focusing on its 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 the 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.
Marine And Ports Construction Market Company Analysis: Major Industry Participants
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
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Marine And Ports Construction Market Global Regional Breakdown: Key Regions Analyzed
North America was the largest region in the marine and port construction market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the marine and ports construction market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
