Tunnel Construction Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Tunnel Construction Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)


The global tunnel construction market is set to witness growth over the forecast timeline, driven by ongoing infrastructure projects worldwide and advancements in tunnel boring technology. A recent report analyzing diverse aspects of the market offers valuable insights that will aid in examining market growth potential.

Market Summary
The tunnel construction market is expected to grow due to the increasing use of tunneling machines for roads and railway tunnels in response to robust urbanization and industrialization. Governments, particularly in emerging economies, are investing in infrastructure development to enhance connectivity and boost their countries' travel and tourism sectors. Innovations in tunnel boring machine (TBM) technology, such as monitoring systems and digital tools like building information modelling (BIM), are improving project efficiency and management. However, high capital costs, lack of skilled labor, and regulatory hurdles may hinder market growth.

COVID-19 Impact
The COVID-19 pandemic initially negatively impacted the tunnel construction market as restrictions and supply chain disruptions affected operations. However, as restrictions eased, the market has shown signs of regressing to its pre-pandemic state.

Asia Pacific Demonstrates Remarkable Growth Potential
The Asia Pacific region is expected to witness substantial growth in the tunnel construction market. Investments by both governmental and private entities, demand for better infrastructure, improved connectivity, and the need to reduce surface congestion due to high population sizes contribute to the region's growth prospects.

Competitive Landscape
Key players in the tunnel construction market include Bouygues Construction, Vinci Construction Grands Projets, Strabag SE, Salini Impregilo, China Railway Construction Corporation, Porr AG, Ferrovial, Skanska AB, Herrenknecht AG, and Bechtel Corporation. These players are focusing on new product launches, partnerships, collaborations, acquisitions, and alliances to gain a competitive edge.

Notable Developments
• Diggy Scardust commenced a tunneling journey on Scarborough’s 7.8-km subway extension, catering to over 105,000 daily boardings and extending subway service farther north.
• Normet acquired Rambooms Oy, a manufacturer and supplier of rock breaker boom systems, and Marakon Oy, a supplier of hydraulic hammers and excavator attachments for the construction and mining industries.
• The State of California awarded US$375 million to the Santa Clara Valley Transportation Authority (VTA) for its BART extension into Downtown San Jose and Santa Clara, bringing the state’s total commitment through the Transit and Intercity Rail Capital Program (TIRCP) to US$1.125 Bn.
• TERRATEC celebrated the assembly of the 3rd of 5 ordered 6.61m diameter Earth Pressure Balance Tunnel Boring Machines (EPBMs) for the Chennai Metro Rail project in India.

Please note: the PDF e-mail from publisher version of this report is for a global site license.

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1. Executive Summary
1.1. Global Tunnel Construction Market Snapshot
1.2. Key Market Trends
1.3. Future Projections
1.4. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.1.1. Driver A
2.2.1.2. Driver B
2.2.1.3. Driver C
2.2.2. Restraints
2.2.2.1. Restraint 1
2.2.2.2. Restraint 2
2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. Covid-19 Impact Analysis
2.5.1. Pre-covid and Post-covid Scenario
2.5.2. Supply Impact
2.5.3. Demand Impact
2.6. Government Regulations
2.7. Technology Landscape
2.8. Economic Analysis
2.9. PESTLE
3. Global Tunnel Construction Market Outlook, 2018 - 2030
3.1. Global Tunnel Construction Market Outlook, by Tunnelling Method, Value (US$ Mn), 2018 - 2030
3.1.1. Key Highlights
3.1.1.1. Cut and Cover
3.1.1.2. Drill and Blast
3.1.1.3. TBM
3.1.1.4. Sequential Excavation
3.1.1.5. Immersed-tube
3.1.1.6. Misc.
3.2. Global Tunnel Construction Market Outlook, by End-user, Value (US$ Mn), 2018 - 2030
3.2.1. Key Highlights
3.2.1.1. Transportation
3.2.1.2. Utility
3.2.1.3. Irrigation
3.3. Global Tunnel Construction Market Outlook, by Region, Value (US$ Mn), 2018 - 2030
3.3.1. Key Highlights
3.3.1.1. North America
3.3.1.2. Europe
3.3.1.3. Asia Pacific
3.3.1.4. Latin America
3.3.1.5. Middle East & Africa
3.3.2. BPS Analysis/Market Attractiveness Analysis
4. North America Tunnel Construction Market Outlook, 2018 - 2030
4.1. North America Tunnel Construction Market Outlook, by Tunnelling Method, Value (US$ Mn), 2018 - 2030
4.1.1. Key Highlights
4.1.1.1. Cut and Cover
4.1.1.2. Drill and Blast
4.1.1.3. TBM
4.1.1.4. Sequential Excavation
4.1.1.5. Immersed-tube
4.1.1.6. Misc.
4.2. North America Tunnel Construction Market Outlook, by End-user, Value (US$ Mn), 2018 - 2030
4.2.1. Key Highlights
4.2.1.1. Transportation
4.2.1.2. Utility
4.2.1.3. Irrigation
4.3. North America Tunnel Construction Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
4.3.1. Key Highlights
4.3.1.1. U.S.
4.3.1.2. Canada
4.3.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Tunnel Construction Market Outlook, 2018 - 2030
5.1. Europe Tunnel Construction Market Outlook, by Tunnelling Method, Value (US$ Mn), 2018 - 2030
5.1.1. Key Highlights
5.1.1.1. Cut and Cover
5.1.1.2. Drill and Blast
5.1.1.3. TBM
5.1.1.4. Sequential Excavation
5.1.1.5. Immersed-tube
5.1.1.6. Misc.
5.2. Europe Tunnel Construction Market Outlook, by End-user, Value (US$ Mn), 2018 - 2030
5.2.1. Key Highlights
5.2.1.1. Transportation
5.2.1.2. Utility
5.2.1.3. Irrigation
5.3. Europe Tunnel Construction Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
5.3.1. Key Highlights
5.3.1.1. Germany
5.3.1.2. France
5.3.1.3. U.K.
5.3.1.4. Italy
5.3.1.5. Spain
5.3.1.6. Russia
5.3.1.7. Rest of Europe
5.3.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Tunnel Construction Market Outlook, 2018 - 2030
6.1. Asia Pacific Tunnel Construction Market Outlook, by Tunnelling Method, Value (US$ Mn), 2018 - 2030
6.1.1. Key Highlights
6.1.1.1. Cut and Cover
6.1.1.2. Drill and Blast
6.1.1.3. TBM
6.1.1.4. Sequential Excavation
6.1.1.5. Immersed-tube
6.1.1.6. Misc.
6.2. Asia Pacific Tunnel Construction Market Outlook, by End-user, Value (US$ Mn), 2018 - 2030
6.2.1. Key Highlights
6.2.1.1. Transportation
6.2.1.2. Utility
6.2.1.3. Irrigation
6.3. Asia Pacific Tunnel Construction Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
6.3.1. Key Highlights
6.3.1.1. China
6.3.1.2. Japan
6.3.1.3. South Korea
6.3.1.4. India
6.3.1.5. Southeast Asia
6.3.1.6. Rest of Asia Pacific
6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Tunnel Construction Market Outlook, 2018 - 2030
7.1. Latin America Tunnel Construction Market Outlook, by Tunnelling Method, Value (US$ Mn), 2018 - 2030
7.1.1. Key Highlights
7.1.1.1. Cut and Cover
7.1.1.2. Drill and Blast
7.1.1.3. TBM
7.1.1.4. Sequential Excavation
7.1.1.5. Immersed-tube
7.1.1.6. Misc.
7.2. Latin America Tunnel Construction Market Outlook, by End-user, Value (US$ Mn), 2018 - 2030
7.2.1. Key Highlights
7.2.1.1. Transportation
7.2.1.2. Utility
7.2.1.3. Irrigation
7.3. Latin America Tunnel Construction Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
7.3.1. Key Highlights
7.3.1.1. Brazil
7.3.1.2. Mexico
7.3.1.3. Rest of Latin America
7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Tunnel Construction Market Outlook, 2018 - 2030
8.1. Middle East & Africa Tunnel Construction Market Outlook, by Tunnelling Method, Value (US$ Mn), 2018 - 2030
8.1.1. Key Highlights
8.1.1.1. Cut and Cover
8.1.1.2. Drill and Blast
8.1.1.3. TBM
8.1.1.4. Sequential Excavation
8.1.1.5. Immersed-tube
8.1.1.6. Misc.
8.2. Middle East & Africa Tunnel Construction Market Outlook, by End-user, Value (US$ Mn), 2018 - 2030
8.2.1. Key Highlights
8.2.1.1. Transportation
8.2.1.2. Utility
8.2.1.3. Irrigation
8.3. Middle East & Africa Tunnel Construction Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
8.3.1. Key Highlights
8.3.1.1. GCC
8.3.1.2. South Africa
8.3.1.3. Rest of Middle East & Africa
8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. Company Market Share Analysis, 2022
9.2. Competitive Dashboard
9.3. Company Profiles
9.3.1. China State Construction
9.3.1.1. Company Overview
9.3.1.2. Product Portfolio
9.3.1.3. Financial Overview
9.3.1.4. Business Strategies and Development
9.3.2. Bechtel Corporation
9.3.3. Vinci Construction
9.3.4. Nippon Koei Co., Ltd.
9.3.5. Shanghai Tunnel Eng Co
9.3.6. China Railway Group Limited
9.3.7. China Communications Construction Company Limited
9.3.8. Herrenknecht AG
9.3.9. Hochtief AG
9.3.10. Kiewit Corporation
9.3.11. L & T
9.3.12. ITD Cementation India Limited
10. Appendix
10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

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