Global Tunnel Boring Machine Market Size & Share to 2027

Global Tunnel Boring Machine Market Size & Share to 2027

Global Tunnel Boring Machine Market Size, Trends & Growth Opportunity, By Machine Type (Slurry TBM, Earth Pressure Balance Shield TBM, Shielded TBM, Multi-mode TBM, and Others), By Geology Type, By End Use (Oil & Gas, Mining, Utilities, Metro & Transit, Road Transport, Railway Transport, and Others), and By Region and Forecast till 2027

Global Tunnel Boring Machine Market

The Tunnel Boring Machine is also referred as TBM which used in creating tunnels for roads, railways, and pipeline. This machine excavates circular tunnels through a variety of rock and soil. These machines are effective for catering smooth cut and finishing through the rocks along with constructing concrete shields around the bored tunnels.

Market Drivers

The increase in spending on road and railway infrastructures across the globe is the key driving actor which is expected to boost the global tunnel boring machine market growth. The tunnel n\boring machines provide various advantages including easily trained operation, worker safety, automated operation, and less rock damage is expected to fuel the market growth. The growing metropolitan rail infrastructure projects promote the global tunnel boring machines market growth. Moreover, the growing government investment on railway, pipelines, and road infrastructure will positively influence the market growth. In addition, the rise in demand for tunnel boring machines from various end use industries such as mining, transportation, and public utility and many other is expected to support the market growth during this forecast timeline.

Market Restraints

The tunnel boring machines are expensive and also they are difficult to transport which may hamper the global tunnel boring machines market growth over the forecast period.

Market Segmentation

The Global Tunnel Boring Machine Market is segmented into machine type such as Slurry TBM, Earth Pressure Balance Shield TBM, Shielded TBM, Multi-mode TBM, and Others, by Geology Type such as Soft Ground, Hard Rock Ground, Heterogeneous Ground, and Variable Ground. Further, market is segmented into end user such as Oil & Gas, Mining, Utilities, Metro & Transit, Road Transport, Railway Transport, and Others.

Also, the Global Tunnel Boring Machine Market is segmented into five regions such as North America, Latin America Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Herrenknecht AG, Mitsubishi Heavy Industries, Ltd., Kawasaki Heavy Industries, Ltd., Komatsu, Qinhuangdao Tianye Tolian Heavy Industry Co., Ltd., Hitachi Zosen Corporation, Terratec Ltd., The Robbins Company Inc., and SELI S.p.A., etc.

Market Taxonomy

By Machine Type

  • Slurry TBM
  • Earth Pressure Balance Shield TBM
  • Shielded TBM
  • Multi-mode TBM
  • Others
By Geology Type
  • Soft Ground
  • Hard Rock Ground
  • Heterogeneous Ground
  • Variable Ground
By End User
  • Oil & Gas
  • Mining
  • Utilities
  • Metro & Transit
  • Road Transport
  • Railway Transport
  • Others
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Key Questions Addressed by the Report
  • What are the Key Opportunities in Global Tunnel Boring Machine Market?
  • What will be the growth rate from 2019 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?


1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Tunnel Boring Machine Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Tunnel Boring Machine Market, By Machine Type
5.1 Y-o-Y Growth Comparison, By Machine Type
5.2 Global Tunnel Boring Machine Market Share Analysis, By Machine Type
5.3 Global Tunnel Boring Machine Market Size and Forecast, By Machine Type
5.3.1 Slurry TBM
5.3.2 Earth Pressure Balance Shield TBM
5.3.3 Shielded TBM
5.3.4 Multi-mode TBM
5.3.5 Others
6 Global Tunnel Boring Machine Market, By Geology Type
6.1 Y-o-Y Growth Comparison, By Geology Type
6.2 Global Tunnel Boring Machine Market Share Analysis, By Geology Type
6.3 Global Tunnel Boring Machine Market Size and Forecast, By Geology Type
6.3.1 Soft Ground
6.3.2 Hard Rock Ground
6.3.3 Heterogeneous Ground
6.3.4 Variable Ground
7 Global Tunnel Boring Machine Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Tunnel Boring Machine Market Share Analysis, By End User
7.3 Global Tunnel Boring Machine Market Size and Forecast, By End User
7.3.1 Oil & Gas
7.3.2 Mining
7.3.3 Utilities
7.3.4 Metro & Transit
7.3.5 Road Transport
7.3.6 Railway Transport
7.3.7 Others
8 Global Tunnel Boring Machine Market, By Region
8.1 Global Tunnel Boring Machine Market Share Analysis, By Region
8.2 Global Tunnel Boring Machine Market Share Analysis, By Region
8.3 Global Tunnel Boring Machine Market Size and Forecast, By Region
9 North America Tunnel Boring Machine Market Analysis and Forecast (2020-2027)
9.1 Introduction
9.2 North America Tunnel Boring Machine Market Share Analysis, By Machine Type
9.3 North America Tunnel Boring Machine Market Size and Forecast, By Geology Type
9.4 North America Tunnel Boring Machine Market Size and Forecast, By End User
9.5 North America Tunnel Boring Machine Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 EuropeTunnel Boring Machine Market Analysis and Forecast (2020-2027)
10.1 Introduction
10.2 Europe Tunnel Boring Machine Market Share Analysis, By Machine Type
10.3 Europe Tunnel Boring Machine Market Size and Forecast, By Geology Type
10.4 Europe Tunnel Boring Machine Market Size and Forecast, By End User
10.5 Europe Tunnel Boring Machine Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Tunnel Boring Machine Market Analysis and Forecast (2020-2027)
11.1 Introduction
11.2 Asia Pacific Tunnel Boring Machine Market Share Analysis, By Machine Type
11.3 Asia Pacific Tunnel Boring Machine Market Size and Forecast, By Geology Type
11.4 Asia Pacific Tunnel Boring Machine Market Size and Forecast, By End User
11.5 Asia Pacific Tunnel Boring Machine Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Tunnel Boring Machine Market Analysis and Forecast (2020-2027)
12.1 Introduction
12.2 Latin America Tunnel Boring Machine Market Share Analysis, By Machine Type
12.3 Latin America Tunnel Boring Machine Market Size and Forecast, By Geology Type
12.4 Latin America Tunnel Boring Machine Market Size and Forecast, By End User
12.5 Latin America Tunnel Boring Machine Market Size and Forecast, Country
13 Middle East Tunnel Boring Machine Market Analysis and Forecast (2020-2027)
13.1 Introduction
13.2 Middle East Tunnel Boring Machine Market Share Analysis, By Machine Type
13.3 Middle East Tunnel Boring Machine Market Size and Forecast, By Geology Type
13.4 Middle East Tunnel Boring Machine Market Size and Forecast, By End User
13.5 Middle East Tunnel Boring Machine Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Herrenknecht AG
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Mitsubishi Heavy Industries, Ltd
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Kawasaki Heavy Industries, Ltd
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Komatsu
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Qinhuangdao Tianye Tolian Heavy Industry Co., Lt
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Hitachi Zosen Corporation
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Terratec Ltd
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 The Robbins Company Inc
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 SELI S.p.A
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies

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