Microtunnel Machine Market

Microtunnel Machine, also called tunnel boring machine (TBM) is a machine used to excavate tunnels with a circular cross section through a variety of soil and rock strata. They may also be used for micro tunneling.

Microtunnel Machine Market contains market size and forecasts of Microtunnel Machine in global, including the following market information:

Global Microtunnel Machine Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Microtunnel Machine Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Microtunnel Machine companies in 2021 (%)

The global Microtunnel Machine market was valued at 451.7 million in 2021 and is projected to reach US$ 856.4 million by 2028, at a CAGR of 9.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Earth Pressure Balance Machines Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Microtunnel Machine include Akkerman, mts Microtunneling Systems, Herrenknecht, CRCHI, Terratec, Vermeer and Bohrtec, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Microtunnel Machine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Microtunnel Machine Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Microtunnel Machine Market Segment Percentages, by Type, 2021 (%)

• Earth Pressure Balance Machines
• Slurry Shield (SS)
• Pilot Tube Microtunneling (PTMT)
• Auger Boring
• Vacuum Extraction TBM
• Others

Global Microtunnel Machine Market, by Ground Conditions, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Microtunnel Machine Market Segment Percentages, by Ground Conditions, 2021 (%)

• Rock
• Sand
• Clay
• Others

Global Microtunnel Machine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Microtunnel Machine Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Microtunnel Machine revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Microtunnel Machine revenues share in global market, 2021 (%)
• Key companies Microtunnel Machine sales in global market, 2017-2022 (Estimated), (Units)
• Key companies Microtunnel Machine sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Akkerman
• mts Microtunneling Systems
• Herrenknecht
• CRCHI
• Terratec
• Vermeer
• Bohrtec