Tunneling Machinery Market

A Tunnel Boring Machines 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. In Japan and China, the machines used for soil are called shield tunneling machines and machines used for hard rock are called tunnel boring machine. But in Europe and USA, they are called the same name tunnel boring machine. The research we did include all of them.

Roadheader is kind of combine machine which could realize cutting, load, conveyor, automatic moving, spreading fog and cleaning dust. It almost uses on tunnel of coal mine, at recent years, the range of working of roadheader is greatly developing. It becomes mainly using on highway, railway, metro, national defense engineering project, water conservancy project, nonferrous metal and nonmetal mining tunnel, and mining exploring, etc.

Tunneling machinery is a series equipment designed and built to withstand the harsh conditions associated with tunnel construction. In Tunneling Machinery Market , tunneling machinery including tunnel boring machines and roadheader.

Tunneling Machinery Market contains market size and forecasts of Tunneling Machinery in global, including the following market information:

Global Tunneling Machinery Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Tunneling Machinery Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Tunneling Machinery companies in 2021 (%)

The global Tunneling Machinery market was valued at 5588 million in 2021 and is projected to reach US$ 7506.5 million by 2028, at a CAGR of 4.3% during the forecast period.

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

TBMs Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Tunneling Machinery include CREG, CRCHI, Herrenknecht, NHI, LNSS, Tianhe, JIMT, Komatsu and Hitachi Zosen, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Tunneling Machinery 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 Tunneling Machinery Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Tunneling Machinery Market Segment Percentages, by Type, 2021 (%)

TBMs

Roadheader

Global Tunneling Machinery Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Tunneling Machinery Market Segment Percentages, by Application, 2021 (%)

Coal Mine and Rock

Municipal Engineering

Railway and Highway

Others

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

Global Tunneling Machinery 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 Tunneling Machinery revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Tunneling Machinery revenues share in global market, 2021 (%)

Key companies Tunneling Machinery sales in global market, 2017-2022 (Estimated), (Units)

Key companies Tunneling Machinery sales share in global market, 2021 (%)

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

CREG

CRCHI

Herrenknecht

NHI

LNSS

Tianhe

JIMT

Komatsu

Hitachi Zosen

Terratec

Kawasaki

STEC

LXCE

Sandvik

SANY GROUP

XCMG

Antraquip

Sunward

BBM Group

Famur

Mitsui Miike Machinery

Deilmann-Haniel Mining Systems (DHMS)

MSB Schmittwerke