The global Tunnel Boring Machine market is projected to reach $8.50 billion by 2028, growing at a CAGR of 6.20% from 2021 to 2028. This growth is driven by several macro and microeconomic factors, including the increasing infrastructure development in railway and road highways, which is a key driving factor for the tunnel boring machine market.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Machine Type (Slurry TBM, Earth Pressure Balance Shield TBM, Shielded TBM, Multi-Mode TBM, Others,)
By Application (Road Transport, Railway Transport, Metro & Transit, Utilities, Mining, Others)
Key players
China Railway Construction Heavy Industry Co. Ltd.
Herrenknecht AG
China Railway Engineering Equipment Group Co., Ltd.
Dalian Huarui Heavy Industry Group Co., Ltd.
Hitachi Zosen Corporation
IHI Corporation
Kawasaki Heavy Industries Ltd
Komatsu Ltd.
Northern Heavy Industries Group Co., Ltd. (The Robbins Company, Inc.)
Qinhuangdao Tianye Tolian Heavy Industry Co., Ltd.
- Chapter 1. Executive Summary
- Chapter 2. Scope of The Study
- 2.1. Market Definition
- 2.2. Scope of The Study
- 2.2.1. Objectives of Report
- Chapter 3. Evolve BI Methodology
- Chapter 4. Market Insights and Trends
- 4.1. Supply/ Value Chain Analysis
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Threat of New Entrants
- 4.2.2. Bargaining Power of Buyers
- 4.2.3. Bargaining Power of Suppliers
- 4.2.4. Threat of Substitutes
- 4.2.5. Industry Rivalry
- 4.3. Impact of COVID-19 on Tunnel Boring Machine Market
- 4.3.1. Impact on Market Size
- 4.3.2. End User Trend, Preferences and Budget Impact
- 4.3.3. Regulatory Framework/Government Policies
- 4.3.4. Key Players Strategy to Tackle Negative Impact
- 4.3.5. Opportunity Window
- Chapter 5. Market Dynamics
- 5.1. Introduction
- 5.2. DRO Analysis
- 5.2.1. Drivers
- 5.2.2. Restraints
- 5.2.3. Opportunities
- Chapter 6. Global Tunnel Boring Machine Market, By Machine Type
- 6.1. Introduction
- 6.2. Slurry TBM
- 6.3. Earth Pressure Balance Shield TBM
- 6.4. Shielded TBM
- 6.5. Multi-Mode TBM
- 6.6. Multi-Mode TBM
- 6.7. Others
- Chapter 7. Global Tunnel Boring Machine Market, By Application
- 7.1. Introduction
- 7.2. Road Transport
- 7.3. Railway Transport
- 7.4. Metro & Transit
- 7.5. Utilities
- 7.6. Mining
- 7.7. Others
- Chapter 8. Global Tunnel Boring Machine Market, By Region
- 8.1. Introduction
- 8.2. North America
- 8.2.1. Introduction
- 8.2.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.2.3. Market Size and Forecast, By Country, 2020 - 2028
- 8.2.4. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.2.5. Market Size and Forecast, By Application, 2020 – 2028
- 8.2.6. US
- 8.2.6.1. Introduction
- 8.2.6.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.2.6.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.2.6.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.2.7. Canada
- 8.2.7.1. Introduction
- 8.2.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.2.7.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.2.7.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.3. Europe
- 8.3.1. Introduction
- 8.3.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.3.3. Market Size and Forecast, By Country, 2020 - 2028
- 8.3.4. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.3.5. Market Size and Forecast, By Application, 2020 – 2028
- 8.3.6. Germany
- 8.3.6.1. Introduction
- 8.3.6.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.3.6.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.3.6.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.3.7. France
- 8.3.7.1. Introduction
- 8.3.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.3.7.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.3.7.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.3.8. UK
- 8.3.8.1. Introduction
- 8.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.3.8.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.3.8.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.3.9. Italy
- 8.3.9.1. Introduction
- 8.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.3.9.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.3.9.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.3.10. Rest of Europe
- 8.3.10.1. Introduction
- 8.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.3.10.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.3.10.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.4. Asia-Pacific
- 8.4.1. Introduction
- 8.4.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.4.3. Market Size and Forecast, By Country, 2020 - 2028
- 8.4.4. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.4.5. Market Size and Forecast, By Application, 2020 - 2028
- 8.4.6. China
- 8.4.6.1. Introduction
- 8.4.6.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.4.6.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.4.6.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.4.7. India
- 8.4.7.1. Introduction
- 8.4.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.4.7.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.4.7.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.4.8. Japan
- 8.4.8.1. Introduction
- 8.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.4.8.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.4.8.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.4.9. South Korea
- 8.4.9.1. Introduction
- 8.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.4.9.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.4.9.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.4.10. Rest of Asia-Pacific
- 8.4.10.1. Introduction
- 8.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.4.10.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.4.10.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.5. Rest of The World (Row)
- 8.5.1. Introduction
- 8.5.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.5.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.5.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.5.5. Market Size and Forecast, By Region, 2020 - 2028
- 8.5.6. South America
- 8.5.6.1. Introduction
- 8.5.6.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.5.6.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.5.6.4. Market Size and Forecast, By Application, 2020 - 2028
- 8.5.7. Middle East and Africa
- 8.5.7.1. Introduction
- 8.5.7.2. Driving Factors, Opportunity Analyzed and Key Trends
- 8.5.7.3. Market Size and Forecast, By Machine Type, 2020 - 2028
- 8.5.7.4. Market Size and Forecast, By Application, 2020 - 2028
- Chapter 9. Competitive Landscape
- 9.1. Introduction
- 9.2. Vendor Share Analysis, 2020/Key Players Positioning, 2020
- Chapter 10. Company Profiles
- 10.1. China Railway Construction Heavy Industry Co. Ltd.
- 10.1.1. Business Overview
- 10.1.2. Financial Analysis
- 10.1.3. Product Portfolio
- 10.1.4. Recent Development and Strategies Adopted
- 10.1.5. SWOT Analysis
- 10.2. Herrenknecht AG
- 10.2.1. Business Overview
- 10.2.2. Financial Analysis
- 10.2.3. Product Portfolio
- 10.2.4. Recent Development and Strategies Adopted
- 10.2.5. SWOT Analysis
- 10.3. China Railway Engineering Equipment Group Co., Ltd.
- 10.3.1. Business Overview
- 10.3.2. Financial Analysis
- 10.3.3. Product Portfolio
- 10.3.4. Recent Development and Strategies Adopted
- 10.3.5. SWOT Analysis
- 10.4. Dalian Huarui Heavy Industry Group Co., Ltd.
- 10.4.1. Business Overview
- 10.4.2. Financial Analysis
- 10.4.3. Product Portfolio
- 10.4.4. Recent Development and Strategies Adopted
- 10.4.5. SWOT Analysis
- 10.5. Hitachi Zosen Corporation
- 10.5.1. Business Overview
- 10.5.2. Financial Analysis
- 10.5.3. Product Portfolio
- 10.5.4. Recent Development and Strategies Adopted
- 10.5.5. SWOT Analysis
- 10.6. IHI Corporation
- 10.6.1. Business Overview
- 10.6.2. Financial Analysis
- 10.6.3. Product Portfolio
- 10.6.4. Recent Development and Strategies Adopted
- 10.6.5. SWOT Analysis
- 10.7. Kawasaki Heavy Industries Ltd
- 10.7.1. Business Overview
- 10.7.2. Financial Analysis
- 10.7.3. Product Portfolio
- 10.7.4. Recent Development and Strategies Adopted
- 10.7.5. SWOT Analysis
- 10.8. Komatsu Ltd.
- 10.8.1. Business Overview
- 10.8.2. Financial Analysis
- 10.8.3. Product Portfolio
- 10.8.4. Recent Development and Strategies Adopted
- 10.8.5. SWOT Analysis
- 10.9. Northern Heavy Industries Group Co., Ltd. (The Robbins Company, Inc.)
- 10.9.1. Business Overview
- 10.9.2. Financial Analysis
- 10.9.3. Product Portfolio
- 10.9.4. Recent Development and Strategies Adopted
- 10.9.5. SWOT Analysis
- 10.10. Qinhuangdao Tianye Tolian Heavy Industry Co., Ltd.
- 10.10.1. Business Overview
- 10.10.2. Financial Analysis
- 10.10.3. Product Portfolio
- 10.10.4. Recent Development and Strategies Adopted
- 10.10.5. SWOT Analysis
- Chapter 11. Key Takeaways
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