Global Tunnel Boring Machine Market Research Report 2024(Status and Outlook)

Global Tunnel Boring Machine Market Research Report 2024(Status and Outlook)



Report Overview:

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.

The Global Tunnel Boring Machine Market Size was estimated at USD 4834.02 million in 2023 and is projected to reach USD 4334.88 million by 2029, exhibiting a CAGR of -1.80% during the forecast period.

This report provides a deep insight into the global Tunnel Boring Machine market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Tunnel Boring Machine Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Tunnel Boring Machine market in any manner.

Global Tunnel Boring Machine Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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

Market Segmentation (by Type)

Soft Ground TBMs

Hard Rock TBMs

Market Segmentation (by Application)

Railway and Highway

Municipal Engineering

City Rail System

Others

Geographic SegmentationNorth America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
    • Key Benefits of This Market Research:
    Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Tunnel Boring Machine Market
  • Overview of the regional outlook of the Tunnel Boring Machine Market:
    • Key Reasons to Buy this Report:
    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
    • Customization of the Report

      In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

      Note: this report may need to undergo a final check or review and this could take about 48 hours.

      Chapter Outline

      Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

      Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Tunnel Boring Machine Market and its likely evolution in the short to mid-term, and long term.

      Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

      Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

      Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

      Chapter 7 provides the analysis of various market segments according to 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 8 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, and capacity of each country in the world.

      Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

      Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

      Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

      Chapter 12 is the main points and conclusions of the report.

  • 1 Research Methodology and Statistical Scope
    1.1 Market Definition and Statistical Scope of Tunnel Boring Machine
    1.2 Key Market Segments
    1.2.1 Tunnel Boring Machine Segment by Type
    1.2.2 Tunnel Boring Machine Segment by Application
    1.3 Methodology & Sources of Information
    1.3.1 Research Methodology
    1.3.2 Research Process
    1.3.3 Market Breakdown and Data Triangulation
    1.3.4 Base Year
    1.3.5 Report Assumptions & Caveats
    2 Tunnel Boring Machine Market Overview
    2.1 Global Market Overview
    2.1.1 Global Tunnel Boring Machine Market Size (M USD) Estimates and Forecasts (2019-2030)
    2.1.2 Global Tunnel Boring Machine Sales Estimates and Forecasts (2019-2030)
    2.2 Market Segment Executive Summary
    2.3 Global Market Size by Region
    3 Tunnel Boring Machine Market Competitive Landscape
    3.1 Global Tunnel Boring Machine Sales by Manufacturers (2019-2024)
    3.2 Global Tunnel Boring Machine Revenue Market Share by Manufacturers (2019-2024)
    3.3 Tunnel Boring Machine Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.4 Global Tunnel Boring Machine Average Price by Manufacturers (2019-2024)
    3.5 Manufacturers Tunnel Boring Machine Sales Sites, Area Served, Product Type
    3.6 Tunnel Boring Machine Market Competitive Situation and Trends
    3.6.1 Tunnel Boring Machine Market Concentration Rate
    3.6.2 Global 5 and 10 Largest Tunnel Boring Machine Players Market Share by Revenue
    3.6.3 Mergers & Acquisitions, Expansion
    4 Tunnel Boring Machine Industry Chain Analysis
    4.1 Tunnel Boring Machine Industry Chain Analysis
    4.2 Market Overview of Key Raw Materials
    4.3 Midstream Market Analysis
    4.4 Downstream Customer Analysis
    5 The Development and Dynamics of Tunnel Boring Machine Market
    5.1 Key Development Trends
    5.2 Driving Factors
    5.3 Market Challenges
    5.4 Market Restraints
    5.5 Industry News
    5.5.1 New Product Developments
    5.5.2 Mergers & Acquisitions
    5.5.3 Expansions
    5.5.4 Collaboration/Supply Contracts
    5.6 Industry Policies
    6 Tunnel Boring Machine Market Segmentation by Type
    6.1 Evaluation Matrix of Segment Market Development Potential (Type)
    6.2 Global Tunnel Boring Machine Sales Market Share by Type (2019-2024)
    6.3 Global Tunnel Boring Machine Market Size Market Share by Type (2019-2024)
    6.4 Global Tunnel Boring Machine Price by Type (2019-2024)
    7 Tunnel Boring Machine Market Segmentation by Application
    7.1 Evaluation Matrix of Segment Market Development Potential (Application)
    7.2 Global Tunnel Boring Machine Market Sales by Application (2019-2024)
    7.3 Global Tunnel Boring Machine Market Size (M USD) by Application (2019-2024)
    7.4 Global Tunnel Boring Machine Sales Growth Rate by Application (2019-2024)
    8 Tunnel Boring Machine Market Segmentation by Region
    8.1 Global Tunnel Boring Machine Sales by Region
    8.1.1 Global Tunnel Boring Machine Sales by Region
    8.1.2 Global Tunnel Boring Machine Sales Market Share by Region
    8.2 North America
    8.2.1 North America Tunnel Boring Machine Sales by Country
    8.2.2 U.S.
    8.2.3 Canada
    8.2.4 Mexico
    8.3 Europe
    8.3.1 Europe Tunnel Boring Machine Sales by Country
    8.3.2 Germany
    8.3.3 France
    8.3.4 U.K.
    8.3.5 Italy
    8.3.6 Russia
    8.4 Asia Pacific
    8.4.1 Asia Pacific Tunnel Boring Machine Sales by Region
    8.4.2 China
    8.4.3 Japan
    8.4.4 South Korea
    8.4.5 India
    8.4.6 Southeast Asia
    8.5 South America
    8.5.1 South America Tunnel Boring Machine Sales by Country
    8.5.2 Brazil
    8.5.3 Argentina
    8.5.4 Columbia
    8.6 Middle East and Africa
    8.6.1 Middle East and Africa Tunnel Boring Machine Sales by Region
    8.6.2 Saudi Arabia
    8.6.3 UAE
    8.6.4 Egypt
    8.6.5 Nigeria
    8.6.6 South Africa
    9 Key Companies Profile
    9.1 Herrenknecht
    9.1.1 Herrenknecht Tunnel Boring Machine Basic Information
    9.1.2 Herrenknecht Tunnel Boring Machine Product Overview
    9.1.3 Herrenknecht Tunnel Boring Machine Product Market Performance
    9.1.4 Herrenknecht Business Overview
    9.1.5 Herrenknecht Tunnel Boring Machine SWOT Analysis
    9.1.6 Herrenknecht Recent Developments
    9.2 CRGIC
    9.2.1 CRGIC Tunnel Boring Machine Basic Information
    9.2.2 CRGIC Tunnel Boring Machine Product Overview
    9.2.3 CRGIC Tunnel Boring Machine Product Market Performance
    9.2.4 CRGIC Business Overview
    9.2.5 CRGIC Tunnel Boring Machine SWOT Analysis
    9.2.6 CRGIC Recent Developments
    9.3 CRCHI
    9.3.1 CRCHI Tunnel Boring Machine Basic Information
    9.3.2 CRCHI Tunnel Boring Machine Product Overview
    9.3.3 CRCHI Tunnel Boring Machine Product Market Performance
    9.3.4 CRCHI Tunnel Boring Machine SWOT Analysis
    9.3.5 CRCHI Business Overview
    9.3.6 CRCHI Recent Developments
    9.4 Tianhe Mechanical Equipment
    9.4.1 Tianhe Mechanical Equipment Tunnel Boring Machine Basic Information
    9.4.2 Tianhe Mechanical Equipment Tunnel Boring Machine Product Overview
    9.4.3 Tianhe Mechanical Equipment Tunnel Boring Machine Product Market Performance
    9.4.4 Tianhe Mechanical Equipment Business Overview
    9.4.5 Tianhe Mechanical Equipment Recent Developments
    9.5 Liaoning Censcience Industry Co., Ltd
    9.5.1 Liaoning Censcience Industry Co., Ltd Tunnel Boring Machine Basic Information
    9.5.2 Liaoning Censcience Industry Co., Ltd Tunnel Boring Machine Product Overview
    9.5.3 Liaoning Censcience Industry Co., Ltd Tunnel Boring Machine Product Market Performance
    9.5.4 Liaoning Censcience Industry Co., Ltd Business Overview
    9.5.5 Liaoning Censcience Industry Co., Ltd Recent Developments
    9.6 Komatsu
    9.6.1 Komatsu Tunnel Boring Machine Basic Information
    9.6.2 Komatsu Tunnel Boring Machine Product Overview
    9.6.3 Komatsu Tunnel Boring Machine Product Market Performance
    9.6.4 Komatsu Business Overview
    9.6.5 Komatsu Recent Developments
    9.7 NHI Group
    9.7.1 NHI Group Tunnel Boring Machine Basic Information
    9.7.2 NHI Group Tunnel Boring Machine Product Overview
    9.7.3 NHI Group Tunnel Boring Machine Product Market Performance
    9.7.4 NHI Group Business Overview
    9.7.5 NHI Group Recent Developments
    9.8 Kawasaki
    9.8.1 Kawasaki Tunnel Boring Machine Basic Information
    9.8.2 Kawasaki Tunnel Boring Machine Product Overview
    9.8.3 Kawasaki Tunnel Boring Machine Product Market Performance
    9.8.4 Kawasaki Business Overview
    9.8.5 Kawasaki Recent Developments
    9.9 Terratec
    9.9.1 Terratec Tunnel Boring Machine Basic Information
    9.9.2 Terratec Tunnel Boring Machine Product Overview
    9.9.3 Terratec Tunnel Boring Machine Product Market Performance
    9.9.4 Terratec Business Overview
    9.9.5 Terratec Recent Developments
    9.10 Hitachi Zosen
    9.10.1 Hitachi Zosen Tunnel Boring Machine Basic Information
    9.10.2 Hitachi Zosen Tunnel Boring Machine Product Overview
    9.10.3 Hitachi Zosen Tunnel Boring Machine Product Market Performance
    9.10.4 Hitachi Zosen Business Overview
    9.10.5 Hitachi Zosen Recent Developments
    9.11 Shanghai Tunnel Engineering Co., Ltd
    9.11.1 Shanghai Tunnel Engineering Co., Ltd Tunnel Boring Machine Basic Information
    9.11.2 Shanghai Tunnel Engineering Co., Ltd Tunnel Boring Machine Product Overview
    9.11.3 Shanghai Tunnel Engineering Co., Ltd Tunnel Boring Machine Product Market Performance
    9.11.4 Shanghai Tunnel Engineering Co., Ltd Business Overview
    9.11.5 Shanghai Tunnel Engineering Co., Ltd Recent Developments
    9.12 Xugong Kaigong
    9.12.1 Xugong Kaigong Tunnel Boring Machine Basic Information
    9.12.2 Xugong Kaigong Tunnel Boring Machine Product Overview
    9.12.3 Xugong Kaigong Tunnel Boring Machine Product Market Performance
    9.12.4 Xugong Kaigong Business Overview
    9.12.5 Xugong Kaigong Recent Developments
    9.13 JIMT
    9.13.1 JIMT Tunnel Boring Machine Basic Information
    9.13.2 JIMT Tunnel Boring Machine Product Overview
    9.13.3 JIMT Tunnel Boring Machine Product Market Performance
    9.13.4 JIMT Business Overview
    9.13.5 JIMT Recent Developments
    10 Tunnel Boring Machine Market Forecast by Region
    10.1 Global Tunnel Boring Machine Market Size Forecast
    10.2 Global Tunnel Boring Machine Market Forecast by Region
    10.2.1 North America Market Size Forecast by Country
    10.2.2 Europe Tunnel Boring Machine Market Size Forecast by Country
    10.2.3 Asia Pacific Tunnel Boring Machine Market Size Forecast by Region
    10.2.4 South America Tunnel Boring Machine Market Size Forecast by Country
    10.2.5 Middle East and Africa Forecasted Consumption of Tunnel Boring Machine by Country
    11 Forecast Market by Type and by Application (2025-2030)
    11.1 Global Tunnel Boring Machine Market Forecast by Type (2025-2030)
    11.1.1 Global Forecasted Sales of Tunnel Boring Machine by Type (2025-2030)
    11.1.2 Global Tunnel Boring Machine Market Size Forecast by Type (2025-2030)
    11.1.3 Global Forecasted Price of Tunnel Boring Machine by Type (2025-2030)
    11.2 Global Tunnel Boring Machine Market Forecast by Application (2025-2030)
    11.2.1 Global Tunnel Boring Machine Sales (K Units) Forecast by Application
    11.2.2 Global Tunnel Boring Machine Market Size (M USD) Forecast by Application (2025-2030)
    12 Conclusion and Key Findings

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