Market Overview:
The Global Shield Tunneling Machines Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for shield tunneling machines in various applications such as industrial, construction, and others. The combination circular shield tunneling machine segment is projected to hold the largest share of the global market in 2018. However, the rotating shield tunneling machine segment is projected to grow at a higher CAGR during the forecast period from 2018 to 2030 owing to its advantages over other types of machines.
Product Definition:
A shield tunneling machine is a large, cylindrical machine that is used to excavate tunnels. The shield protects the workers and the tunnel from collapsing while it is being dug.
Combination Circular Shield Tunneling Machine:
A combination circular shield tunneling machine is a special purpose construction equipment which is used for constructing large diameter shields and tubes. It's major applications are in the oil & gas industry, where it's primary function is to provide protection to the workers from radiation, fire and explosion hazards while performing maintenance or repair work on pipelines.
Horizontal Multiple-Micro Shield Tunneling Machine:
Horizontal multiple-micro shield tunneling machine is a device used to manufacture microelectronic components and it's used in manufacturing semiconductor devices. It uses high speed and low power techniques to produce complex integrated circuits (IC) with the help of numerous small machines working together. These machines are known as “towers”, which are arranged in an array structure across the floor of a building or chamber.
Application Insights:
The construction industry accounted for the largest market share in 2017 and is expected to grow at a significant pace over the forecast period. The growth of this segment can be attributed to increasing infrastructure activities, such as railway projects and highway tunnels, across the globe.
The industrial sector is also anticipated to witness considerable growth over the forecast period owing to rising demand for steel from various industries including automotive and construction. In addition, growing investments in manufacturing sectors such as pharmaceuticals are further expected to drive product demand in industrial applications during future years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for industrial machines from countries such as China, Japan, South Korea, Taiwan among others. In addition, rising demand for metro construction projects in countries such as India and Shanghai Pudong International Airport (PPI) are also contributing towards regional growth.
The Asia Pacific region is anticipated to witness significant growth rate owing to increasing government investments in infrastructure development coupled with rapid urbanization across emerging economies including China and India.
Growth Factors:
- Increasing demand for shield tunneling machines from the mining and construction industry as a result of growing infrastructure development activities across the globe.
- Rising awareness about the benefits of using shield tunneling machines over traditional excavation methods, which is expected to boost demand for these machines in the coming years.
- Growing investments by governments in transportation infrastructure projects, which is likely to create lucrative opportunities for shield tunneling machine manufacturers in the near future.
- Technological advancements in shield tunneling technology that are making these machines more efficient and user-friendly, resulting in their increasing adoption across various industries worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shield Tunneling Machines Market Research Report
By Type
Combination Circular Shield Tunneling Machine, Horizontal Multiple-Micro Shield Tunneling Machine, Rotating Shield Tunneling Machine, Upward-Facing Shield Tunneling Machine, Double-O Tube Shield Machine
By Application
Industrial Industry, Construction Industry, Others
By Companies
IHI, Hitachi Zosen, Joseph Gallagher, Kiewit Infrastructure, Bradshaw Construction, IHI
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Shield Tunneling Machines Market Report Segments:
The global Shield Tunneling Machines market is segmented on the basis of:
Types
Combination Circular Shield Tunneling Machine, Horizontal Multiple-Micro Shield Tunneling Machine, Rotating Shield Tunneling Machine, Upward-Facing Shield Tunneling Machine, Double-O Tube Shield Machine
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
Industrial Industry, Construction Industry, 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:
- IHI
- Hitachi Zosen
- Joseph Gallagher
- Kiewit Infrastructure
- Bradshaw Construction
- IHI
Highlights of The Shield Tunneling Machines 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:
- Combination Circular Shield Tunneling Machine
- Horizontal Multiple-Micro Shield Tunneling Machine
- Rotating Shield Tunneling Machine
- Upward-Facing Shield Tunneling Machine
- Double-O Tube Shield Machine
- By Application:
- Industrial Industry
- Construction Industry
- 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 Shield Tunneling Machines 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Shield tunneling machines are a type of machine that use a magnetic shield to protect the operator from hazardous materials. The machine uses powerful magnets to move metal objects through a narrow opening, such as between two pieces of metal.
Some of the major players in the shield tunneling machines market are IHI, Hitachi Zosen, Joseph Gallagher, Kiewit Infrastructure, Bradshaw Construction, IHI.
The shield tunneling machines market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Shield Tunneling Machines Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Shield Tunneling Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shield Tunneling Machines Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Shield Tunneling Machines Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Shield Tunneling Machines Market Size & Forecast, 2020-2028
4.5.1 Shield Tunneling Machines Market Size and Y-o-Y Growth
4.5.2 Shield Tunneling Machines Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Combination Circular Shield Tunneling Machine
5.2.2 Horizontal Multiple-Micro Shield Tunneling Machine
5.2.3 Rotating Shield Tunneling Machine
5.2.4 Upward-Facing Shield Tunneling Machine
5.2.5 Double-O Tube Shield Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial Industry
6.2.2 Construction Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shield Tunneling Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Shield Tunneling Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Combination Circular Shield Tunneling Machine
9.6.2 Horizontal Multiple-Micro Shield Tunneling Machine
9.6.3 Rotating Shield Tunneling Machine
9.6.4 Upward-Facing Shield Tunneling Machine
9.6.5 Double-O Tube Shield Machine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial Industry
9.10.2 Construction Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Combination Circular Shield Tunneling Machine
10.6.2 Horizontal Multiple-Micro Shield Tunneling Machine
10.6.3 Rotating Shield Tunneling Machine
10.6.4 Upward-Facing Shield Tunneling Machine
10.6.5 Double-O Tube Shield Machine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial Industry
10.10.2 Construction Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Combination Circular Shield Tunneling Machine
11.6.2 Horizontal Multiple-Micro Shield Tunneling Machine
11.6.3 Rotating Shield Tunneling Machine
11.6.4 Upward-Facing Shield Tunneling Machine
11.6.5 Double-O Tube Shield Machine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial Industry
11.10.2 Construction Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Combination Circular Shield Tunneling Machine
12.6.2 Horizontal Multiple-Micro Shield Tunneling Machine
12.6.3 Rotating Shield Tunneling Machine
12.6.4 Upward-Facing Shield Tunneling Machine
12.6.5 Double-O Tube Shield Machine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial Industry
12.10.2 Construction Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Combination Circular Shield Tunneling Machine
13.6.2 Horizontal Multiple-Micro Shield Tunneling Machine
13.6.3 Rotating Shield Tunneling Machine
13.6.4 Upward-Facing Shield Tunneling Machine
13.6.5 Double-O Tube Shield Machine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial Industry
13.10.2 Construction Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Shield Tunneling Machines Market: Competitive Dashboard
14.2 Global Shield Tunneling Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IHI
14.3.2 Hitachi Zosen
14.3.3 Joseph Gallagher
14.3.4 Kiewit Infrastructure
14.3.5 Bradshaw Construction
14.3.6 IHI
