Tunnel Boring Machine market

Tunnel Boring Machine Market, Global Outlook and Forecast 2023-2029

  • 28 March 2023
  • Manufacturing & Construction
  • 78 Pages
  • Report code : PMR-7618471

  • 4.7 (158)

Tunnel Boring Machine Market

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A 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. 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.

Tunnel Boring Machine Market aims to provide a comprehensive presentation of the global market for Tunnel Boring Machine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tunnel Boring Machine. Tunnel Boring Machine Market contains market size and forecasts of Tunnel Boring Machine in global, including the following market information:

Global Tunnel Boring Machine Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Tunnel Boring Machine Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Tunnel Boring Machine companies in 2022 (%)

The global Tunnel Boring Machine market was valued at US$ 5062.4 million in 2022 and is projected to reach US$ 4482.7 million by 2029, at a CAGR of -1.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The major players in global Tunnel Boring Machine market include Herrenknecht, CRGIC, CRCHI, etc. The top 3 players occupy about 40% shares of the global market. China and Europe are main markets, they occupy about 80% of the global market. Soft Ground TBMs is the main type, with a share about 70%. City Rail System is the main application, which holds a share about 55%.

We surveyed the Tunnel Boring 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 Tunnel Boring Machine Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Tunnel Boring Machine Market Segment Percentages, by Type, 2022 (%)

Soft Ground TBMs

Hard Rock TBMs

Global Tunnel Boring Machine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Tunnel Boring Machine Market Segment Percentages, by Application, 2022 (%)

Railway and Highway

Municipal Engineering

City ??Rail System

Others

Global Tunnel Boring Machine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Tunnel Boring Machine Market Segment Percentages, By Region and Country, 2022 (%)

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 Tunnel Boring Machine revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Tunnel Boring Machine revenues share in global market, 2022 (%)

Key companies Tunnel Boring Machine sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Tunnel Boring Machine sales share in global market, 2022 (%)

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

Herrenknecht

CRGIC

CRCHI

Tianhe Mechanical Equipment

Liaoning Censcience Industry Co., Ltd

Komatsu

NHI Group

Kawasaki

Terratec

Hitachi Zosen

Shanghai Tunnel Engineering Co., Ltd

Xugong Kaigong

JIMT

Outline of Major Chapters:

Chapter 1: Introduces the definition of Tunnel Boring Machine, market overview.

Chapter 2: Global Tunnel Boring Machine market size in revenue and volume.

Chapter 3: Detailed analysis of Tunnel Boring Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Tunnel Boring Machine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Tunnel Boring Machine capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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