The global tunnel boring machine market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The major factors driving the growth of this market are increasing demand for underground infrastructure and growing urbanization. The major restraining factor for this market is high cost of tunnel boring machines.
The global tunnel boring machine market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into earth pressure balance machines (EPBMs), slurry shield (SS) TBMs, and shielded TBMs. EPBMs are used in tunnels with low water table or where ground conditions are not suitable for other types of TBMs such as SS or shielded TBMs; SS TBMs are used in tunnels with high water table or where ground conditions are not suitable for other types of TBMS such as EPBMS or shielded TBM; and shielded TBM is used in tunnels with high water table or where ground conditions are not suitable for other types of TBM such as EPBMS or SS TBM. On the basis on application, it can be divided into city rail system (CRS), railway and highway (RHW), municipal engineering (ME). On the basis on region, it can be divided into North America (NA), Latin America (LA), Europe(EU), Asia Pacific(APAC)and Middle East & Africa(MEA).
Some Of The Growth Factors Of This Market:
- The TBM market is driven by the need for tunneling in various sectors such as construction, mining, and transportation.
- The TBM market is also driven by the need for tunnels in various sectors such as construction, mining, and transportation.
- Tunneling has been a major factor in the growth of the global economy.
Industry Growth Insights published a new data on “Tunnel Boring Machine (TBM) Market”. The research report is titled “Tunnel Boring Machine (TBM) Market research by Types (Earth Pressure Balance Machines, Slurry Shield (SS), Shielded Type TBMs, Others), By Applications (City Rail System, Railway and Highway, Municipal Engineering, Others), By Players/Companies Herrenknecht, CREG, CRCHI, Tianhe, LNSS, NHI, Komatsu, LXCE, STEC, CSSC”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tunnel Boring Machine (TBM) Market Research Report
By Type
Earth Pressure Balance Machines, Slurry Shield (SS), Shielded Type TBMs, Others
By Application
City Rail System, Railway and Highway, Municipal Engineering, Others
By Companies
Herrenknecht, CREG, CRCHI, Tianhe, LNSS, NHI, Komatsu, LXCE, STEC, CSSC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Tunnel Boring Machine (TBM) Market Report Segments:
The global Tunnel Boring Machine (TBM) market is segmented on the basis of:
Types
Earth Pressure Balance Machines, Slurry Shield (SS), Shielded Type TBMs, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
City Rail System, Railway and Highway, Municipal Engineering, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Herrenknecht
- CREG
- CRCHI
- Tianhe
- LNSS
- NHI
- Komatsu
- LXCE
- STEC
- CSSC
 Market Overview.svg)
Highlights of The Tunnel Boring Machine (TBM) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Earth Pressure Balance Machines
- Slurry Shield (SS)
- Shielded Type TBMs
- Others
- By Application:
- City Rail System
- Railway and Highway
- Municipal Engineering
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tunnel Boring Machine (TBM) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A tunnel boring machine (TBM) is a machine used to excavate tunnels under ground.
Some of the major players in the tunnel boring machine (tbm) market are Herrenknecht, CREG, CRCHI, Tianhe, LNSS, NHI, Komatsu, LXCE, STEC, CSSC.
The tunnel boring machine (tbm) market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tunnel Boring Machine (TBM) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tunnel Boring Machine (TBM) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tunnel Boring Machine (TBM) Market - Supply Chain
4.5. Global Tunnel Boring Machine (TBM) Market Forecast
4.5.1. Tunnel Boring Machine (TBM) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tunnel Boring Machine (TBM) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tunnel Boring Machine (TBM) Market Absolute $ Opportunity
5. Global Tunnel Boring Machine (TBM) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Type
5.3.1. Earth Pressure Balance Machines
5.3.2. Slurry Shield (SS)
5.3.3. Shielded Type TBMs
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tunnel Boring Machine (TBM) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Application
6.3.1. City Rail System
6.3.2. Railway and Highway
6.3.3. Municipal Engineering
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tunnel Boring Machine (TBM) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tunnel Boring Machine (TBM) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tunnel Boring Machine (TBM) Demand Share Forecast, 2019-2029
9. North America Tunnel Boring Machine (TBM) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Application
9.4.1. City Rail System
9.4.2. Railway and Highway
9.4.3. Municipal Engineering
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Type
9.7.1. Earth Pressure Balance Machines
9.7.2. Slurry Shield (SS)
9.7.3. Shielded Type TBMs
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tunnel Boring Machine (TBM) Demand Share Forecast, 2019-2029
10. Latin America Tunnel Boring Machine (TBM) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Application
10.4.1. City Rail System
10.4.2. Railway and Highway
10.4.3. Municipal Engineering
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Type
10.7.1. Earth Pressure Balance Machines
10.7.2. Slurry Shield (SS)
10.7.3. Shielded Type TBMs
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tunnel Boring Machine (TBM) Demand Share Forecast, 2019-2029
11. Europe Tunnel Boring Machine (TBM) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Application
11.4.1. City Rail System
11.4.2. Railway and Highway
11.4.3. Municipal Engineering
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Type
11.7.1. Earth Pressure Balnce Machines
11.7.2. Slurry Shield (SS)
11.7.3. Shielded Type TBMs
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tunnel Boring Machine (TBM) Demand Share, 2019-2029
12. Asia Pacific Tunnel Boring Machine (TBM) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Application
12.4.1. City Rail System
12.4.2. Railway and Highway
12.4.3. Municipal Engineering
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Type
12.7.1. Earth Pressure Balance Machines
12.7.2. Slurry Shield (SS)
12.7.3. Shielded Type TBMs
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tunnel Boring Machine (TBM) Demand Share, 2019-2029
13. Middle East & Africa Tunnel Boring Machine (TBM) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Application
13.4.1. City Rail System
13.4.2. Railway and Highway
13.4.3. Municipal Engineering
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tunnel Boring Machine (TBM) Market Size and Volume Forecast by Type
13.7.1. Earth Pressure Balance Machines
13.7.2. Slurry Shield (SS)
13.7.3. Shielded Type TBMs
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tunnel Boring Machine (TBM) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Tunnel Boring Machine (TBM) Market: Market Share Analysis
14.2. Tunnel Boring Machine (TBM) Distributors and Customers
14.3. Tunnel Boring Machine (TBM) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Herrenknecht
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CREG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CRCHI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tianhe
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LNSS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NHI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Komatsu
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LXCE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. STEC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CSSC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
