Global Auger Boring Machines Market Growth 2024-2030

Global Auger Boring Machines Market Growth 2024-2030

Auger Boring Machine (ABM) is used to bore horizontally through soil or rock with a cutting head and auger. The majority of ABMs are used to install pipe casing under railroads, highways, airport runways, creeks or any area of ground that cannot be open cut or disturbed in any way.

The global Auger Boring Machines market size is projected to grow from US$ 351 million in 2024 to US$ 419 million in 2030; it is expected to grow at a CAGR of 3.0% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Auger Boring Machines Industry Forecast” looks at past sales and reviews total world Auger Boring Machines sales in 2023, providing a comprehensive analysis by region and market sector of projected Auger Boring Machines sales for 2024 through 2030. With Auger Boring Machines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Auger Boring Machines industry.

This Insight Report provides a comprehensive analysis of the global Auger Boring Machines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Auger Boring Machines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Auger Boring Machines market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Auger Boring Machines and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Auger Boring Machines.

The Auger Boring Machines can be split into Soft Ground Auger Boring Machines, Hard Rock Auger Boring Machines. More than 50% of ABMs are Soft Ground Auger Boring Machines. Globally, the main manufacturers of Auger Boring Machine (ABM) include American Augers, Herrenknecht (Bohrtec) and Tracto Technik GmbH. Among them, American Augers has a market share of more than 5% in 2020, ranking first.

This report presents a comprehensive overview, market shares, and growth opportunities of Auger Boring Machines market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Soft Ground ABMs
Hard Rock ABMs

Segmentation by Application:
Mining, Oil and Gas
Railway and Highway
Utility
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
American Augers
Herrenknecht (Bohrtec)
Tracto Technik GmbH
Barbco
Michael Byrne Manufacturing
McLaughlin MFG
Bor-It Mfg
The Robbins Company
OMS
Tangxing Equipment
XCMG
Xinlilai Heavy Industry
Beiyue Precision Machinery

Key Questions Addressed in this Report

What is the 10-year outlook for the global Auger Boring Machines market?

What factors are driving Auger Boring Machines market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Auger Boring Machines market opportunities vary by end market size?

How does Auger Boring Machines break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.