Global Micro Tunnel Boring Machine Supply, Demand and Key Producers, 2023-2029

Global Micro Tunnel Boring Machine Supply, Demand and Key Producers, 2023-2029

The global Micro Tunnel Boring Machine market size is expected to reach $ 755.4 million by 2029, rising at a market growth of 7.6% CAGR during the forecast period (2023-2029).

Global key manufacturers of micro tunnel boring machine include Herrenknecht, CRHIC, CRCHI, Akkerman, Northeren Heavy, Industries Group, Terratec, Liaoning Censcience Industry and mts Microtunneling Systems GmbH, etc. Herrenknecht gains the highest market share over 20%.

China is the largest producer of micro tunnel boring machine, making up nearly 40%, followed by Europe (30%).

In terms of product type, earth pressure balance machine makes up most, with a share over 40%. Other dominant types include Slurry Shield (SS), Pilot Tube Microtunneling (PTMT), Auger Boring and Vacuum Extraction TBM.

In terms of application, urban rail system is the largest segment, holding a share over 50%.

With an increasing demand of urban underground space, market size of micro tunnel boring machine is also growing and the prospect is optimistic.

This report studies the global Micro Tunnel Boring Machine production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Micro Tunnel Boring Machine, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Micro Tunnel Boring Machine that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Micro Tunnel Boring Machine total production and demand, 2018-2029, (Units)

Global Micro Tunnel Boring Machine total production value, 2018-2029, (USD Million)

Global Micro Tunnel Boring Machine production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global Micro Tunnel Boring Machine consumption by region & country, CAGR, 2018-2029 & (Units)

U.S. VS China: Micro Tunnel Boring Machine domestic production, consumption, key domestic manufacturers and share

Global Micro Tunnel Boring Machine production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Units)

Global Micro Tunnel Boring Machine production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global Micro Tunnel Boring Machine production by Application production, value, CAGR, 2018-2029, (USD Million) & (Units)

This reports profiles key players in the global Micro Tunnel Boring Machine market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Herrenknecht, CRHIC, CRCHI, Akkerman, Northeren Heavy Industries Group, Terratec, Liaoning Censcience Industry and mts Microtunneling Systems GmbH, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Micro Tunnel Boring Machine market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Micro Tunnel Boring Machine Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Micro Tunnel Boring Machine Market, Segmentation by Type
Earth Pressure Balance Machines
Slurry Shield (SS)
Pilot Tube Microtunneling (PTMT)
Auger Boring
Vacuum Extraction TBM
Others

Global Micro Tunnel Boring Machine Market, Segmentation by Application
Urban Rail System
Rail and Road
Municipal Engineering
Others

Companies Profiled:
Herrenknecht
CRHIC
CRCHI
Akkerman
Northeren Heavy Industries Group
Terratec
Liaoning Censcience Industry
mts Microtunneling Systems GmbH

Key Questions Answered

1. How big is the global Micro Tunnel Boring Machine market?

2. What is the demand of the global Micro Tunnel Boring Machine market?

3. What is the year over year growth of the global Micro Tunnel Boring Machine market?

4. What is the production and production value of the global Micro Tunnel Boring Machine market?

5. Who are the key producers in the global Micro Tunnel Boring Machine market?

6. What are the growth factors driving the market demand?