Global Tunneling Machinery Market Growth 2023-2029

Global Tunneling Machinery Market Growth 2023-2029

A Tunnel Boring Machines 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.
Roadheader is kind of combine machine which could realize cutting, load, conveyor, automatic moving, spreading fog and cleaning dust. It almost uses on tunnel of coal mine, at recent years, the range of working of roadheader is greatly developing. It becomes mainly using on highway, railway, metro, national defense engineering project, water conservancy project, nonferrous metal and nonmetal mining tunnel, and mining exploring, etc.
Tunneling machinery is a series equipment designed and built to withstand the harsh conditions associated with tunnel construction. In this report, tunneling machinery including tunnel boring machines and roadheader.
LPI (LP Information)' newest research report, the “Tunneling Machinery Industry Forecast” looks at past sales and reviews total world Tunneling Machinery sales in 2022, providing a comprehensive analysis by region and market sector of projected Tunneling Machinery sales for 2023 through 2029. With Tunneling Machinery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tunneling Machinery industry.
This Insight Report provides a comprehensive analysis of the global Tunneling Machinery 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 Tunneling Machinery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tunneling Machinery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tunneling Machinery 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 Tunneling Machinery.
The global Tunneling Machinery market size is projected to grow from US$ 5312.7 million in 2022 to US$ 7311.7 million in 2029; it is expected to grow at a CAGR of 7311.7 from 2023 to 2029.
China maintained the first place and increaing in the global tunneling machinery industry market for years, which was expected to reach over 50% of the market share in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Tunneling Machinery market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
TBMs
Roadheader
Segmentation by application
Coal Mine and Rock
Municipal Engineering
Railway and Highway
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 analyzing the company's coverage, product portfolio, its market penetration.
CREG
CRCHI
Herrenknecht
NHI
LNSS
Tianhe
JIMT
Komatsu
Hitachi Zosen
Terratec
Kawasaki
STEC
LXCE
Sandvik
SANY GROUP
XCMG
Antraquip
Sunward
BBM Group
Famur
Mitsui Miike Machinery
Deilmann-Haniel Mining Systems (DHMS)
MSB Schmittwerke
Key Questions Addressed in this Report
What is the 10-year outlook for the global Tunneling Machinery market?
What factors are driving Tunneling Machinery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tunneling Machinery market opportunities vary by end market size?
How does Tunneling Machinery break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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