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Marine Construction Services in the US Procurement Price, Data and Insights
Marine construction service vendors provide engineering and construction for new marine facilities and structures, including transportation facilities (e.g., ports, harbors, and marine terminals); submerged pipelines, ocean intakes, and outfalls; subaqueous tunnels, dams, bridges, and causeways; marine loading systems, jetties, piers, and docks; concrete mattresses, pile driving, and geotubes; and canals, dikes, and levees. Vendors of marine construction services also provide coastal restoration services and rehabilitate existing marine structures and facilities.
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What’s included in this market coverage
IBISWorld's research coverage on the Marine Construction Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Marine Construction Services market in the United States includes Marine Transportation Facility Construction, Marine Pipeline Construction, Marine Passageway Construction, Marine Structure Construction and Coastal Restoration. Standard coding in this coverage includes ISIC-429-Construction of other civil engineering projects, NACE-42.91-Construction Of Water Projects, NAICS-237990-Other heavy and civil engineering construction and UNSPSC-72141200-Marine construction services.
What common market terminology is included?
Common market terminology included in the Marine Construction Services procurement coverage includes Bond Surety (An obligation to pay the buying organization a specified amount if the contractor fails to fulfill the terms of a contractual agreement. The instrument is backed by a third party (called the surety) and is taken out by the contractor (the principal) to protect buyers (the obligee) against losses.), Engineering, Procurement and Construction (EPC) (Used in reference to contractors that provide these comprehensive services on marine construction projects.), Dredging (The process of removing bottom materials, such as silt and sediment, from water systems in order to create or maintain waterways; prevent flooding; restore coastal environments; prepare waterbeds for construction; or to remove debris and contamination.) and Live Load (Temporary or transient forces, such as people, furniture, vehicles, and other movable items, that are applied to a building or structure periodically over the course of its lifetime.).
What companies are included as top suppliers?
The top companies covered in the Marine Construction Services procurement report as suppliers are Granite Construction Inc., Weeks Marine, Inc., John Wood Group PLC, KBR Inc. and Mcdermott International Inc..
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Marine Construction Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per structure, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Marine Construction Services market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Marine Construction Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Marine Construction Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Marine Construction Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Marine Construction Services?
The 2026 benchmark market price for Marine Construction Services is $31750000 per structure. Prices have increased at a CAGR of 2.9 from 2023-26.
Who are the top vendors in the Marine Construction Services market?
The top vendors in the Marine Construction Services market include Granite Construction Inc., Weeks Marine, Inc., John Wood Group PLC, KBR Inc. and Mcdermott International Inc..
What industries supply the Marine Construction Services market?
The top industries supplying the Marine Construction Services market are Concrete Contractors in the US, Cement Manufacturing in the US, Construction Machinery Manufacturing in the US, Metal Stamping & Forging in the US, Steel Rolling & Drawing in the US and Iron & Steel Manufacturing in the US.
What is the supply chain risk for Marine Construction Services?
Low market share concentration increases supplier fragmentation. The marine construction services market is highly fragmented, with numerous regional and specialized contractors competing for contracts. This structure prevents dominance by a few large suppliers and promotes competitive pricing and flexible service models. Buyers can capitalize on this by running competitive bid processes, leveraging tier-two suppliers in smaller coastal regions, and negotiating performance-based contracts. This ensures not only cost efficiency but also adaptability in selecting partners best suited to project scale, geographic needs, and regulatory environments.
What factors affect the price of Marine Construction Services?
Technical specifications significantly affect the pricing of marine construction services by determining the complexity, materials, and technology required for a project. For example, a project involving advanced materials for submerged pipelines may incur higher costs due to specialized engineering and increased labor, whereas simpler projects like basic dock construction may have lower specifications and, consequently, lower prices. Pricing factors can be measured through cost analysis of materials, labor hours, and equipment usage based on the detailed technical requirements of each project.
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