The global shield machines and tunnel boring machines market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The market is driven by factors such as increasing demand for underground infrastructure, growing urbanization, and increasing need for transportation networks in emerging economies. The global shield machines and tunnel boring machines market is segmented on the basis of type into soft ground TBMs and hard rock TBMs; on the basis of application into railway and highway, municipal engineering, city rail system; on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The Shield Machines and Tunnel Boring Machines market is driven by factors such as increasing demand for infrastructure development, growing population, and increasing urbanization in developing countries such as India and China.
- Increasing demand for energy storage systems will also drive the growth of the Shield Machines and Tunnel Boring Machines market during the forecast period, 2018-2025.
- The Shield Machines and Tunnel Boring Machines market is expected to witness high growth in emerging economies such as India due to their large population base.
- Increasing investments in infrastructure projects will also drive the growth of this market.
Industry Growth Insights published a new data on “Shield Machines and Tunnel Boring Machines Market”. The research report is titled “Shield Machines and Tunnel Boring Machines Market research by Types (Soft Ground TBMs, Hard Rock TBMs), By Applications (Railway and Highway, Municipal Engineering, City Rail System, Others), By Players/Companies Herrenknecht, CRGIC, CRCHI, Tianhe Mechanical Equipment, Liaoning Censcience Industry Co., Ltd, Komatsu, NHI Group, Kawasaki, Terratec, Hitachi Zosen, Shanghai Tunnel Engineering Co., Ltd, Xugong Kaigong, JIMT”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shield Machines and Tunnel Boring Machines Market Research Report
By Type
Soft Ground TBMs, Hard Rock TBMs
By Application
Railway and Highway, Municipal Engineering, City Rail System, Others
By Companies
Herrenknecht, CRGIC, CRCHI, Tianhe Mechanical Equipment, Liaoning Censcience Industry Co., Ltd, Komatsu, NHI Group, Kawasaki, Terratec, Hitachi Zosen, Shanghai Tunnel Engineering Co., Ltd, Xugong Kaigong, JIMT
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Shield Machines and Tunnel Boring Machines Market Report Segments:
The global Shield Machines and Tunnel Boring Machines market is segmented on the basis of:
Types
Soft Ground TBMs, Hard Rock TBMs
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
Railway and Highway, Municipal Engineering, City Rail System, 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
- CRGIC
- CRCHI
- Tianhe Mechanical Equipment
- Liaoning Censcience Industry Co., Ltd
- Komatsu
- NHI Group
- Kawasaki
- Terratec
- Hitachi Zosen
- Shanghai Tunnel Engineering Co., Ltd
- Xugong Kaigong
- JIMT
Highlights of The Shield Machines and Tunnel Boring 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:
- Soft Ground TBMs
- Hard Rock TBMs
- By Application:
- Railway and Highway
- Municipal Engineering
- City Rail System
- 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 Machines and Tunnel Boring 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.
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- Correctly Positioning New Products
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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 machines are used to create a protective shield around a tunnel boring machine (TBM) as it drills through the ground. The shield protects the TBM from rocks and other debris that could potentially damage or stop its drilling operation. Tunnel boring machines also use tunneling shields to protect themselves from water, gas, and other underground hazards.
Some of the major players in the shield machines and tunnel boring machines market are Herrenknecht, CRGIC, CRCHI, Tianhe Mechanical Equipment, Liaoning Censcience Industry Co., Ltd, Komatsu, NHI Group, Kawasaki, Terratec, Hitachi Zosen, Shanghai Tunnel Engineering Co., Ltd, Xugong Kaigong, JIMT.
The shield machines and tunnel boring machines market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Shield Machines and Tunnel Boring Machines 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. Shield Machines and Tunnel Boring Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Shield Machines and Tunnel Boring Machines Market - Supply Chain
4.5. Global Shield Machines and Tunnel Boring Machines Market Forecast
4.5.1. Shield Machines and Tunnel Boring Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shield Machines and Tunnel Boring Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shield Machines and Tunnel Boring Machines Market Absolute $ Opportunity
5. Global Shield Machines and Tunnel Boring Machines 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. Shield Machines and Tunnel Boring Machines Market Size and Volume Forecast by Type
5.3.1. Soft Ground TBMs
5.3.2. Hard Rock TBMs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Shield Machines and Tunnel Boring Machines 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. Shield Machines and Tunnel Boring Machines Market Size and Volume Forecast by Application
6.3.1. Railway and Highway
6.3.2. Municipal Engineering
6.3.3. City Rail System
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Shield Machines and Tunnel Boring Machines 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. Shield Machines and Tunnel Boring Machines 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 Shield Machines and Tunnel Boring Machines 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. Shield Machines and Tunnel Boring Machines 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 Shield Machines and Tunnel Boring Machines Demand Share Forecast, 2019-2026
9. North America Shield Machines and Tunnel Boring Machines 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 Shield Machines and Tunnel Boring Machines 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 Shield Machines and Tunnel Boring Machines Market Size and Volume Forecast by Application
9.4.1. Railway and Highway
9.4.2. Municipal Engineering
9.4.3. City Rail System
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 Shield Machines and Tunnel Boring Machines Market Size and Volume Forecast by Type
9.7.1. Soft Ground TBMs
9.7.2. Hard Rock TBMs
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 Shield Machines and Tunnel Boring Machines Demand Share Forecast, 2019-2026
10. Latin America Shield Machines and Tunnel Boring Machines 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 Shield Machines and Tunnel Boring Machines 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 Shield Machines and Tunnel Boring Machines Market Size and Volume Forecast by Application
10.4.1. Railway and Highway
10.4.2. Municipal Engineering
10.4.3. City Rail System
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 Shield Machines and Tunnel Boring Machines Market Size and Volume Forecast by Type
10.7.1. Soft Ground TBMs
10.7.2. Hard Rock TBMs
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 Shield Machines and Tunnel Boring Machines Demand Share Forecast, 2019-2026
11. Europe Shield Machines and Tunnel Boring Machines 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 Shield Machines and Tunnel Boring Machines 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 Shield Machines and Tunnel Boring Machines Market Size and Volume Forecast by Application
11.4.1. Railway and Highway
11.4.2. Municipal Engineering
11.4.3. City Rail System
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 Shield Machines and Tunnel Boring Machines Mrket Size and Volume Forecast by Type
11.7.1. Soft Ground TBMs
11.7.2. Hard Rock TBMs
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 Shield Machines and Tunnel Boring Machines Demand Share, 2019-2026
12. Asia Pacific Shield Machines and Tunnel Boring Machines 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 Shield Machines and Tunnel Boring Machines 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 Shield Machines and Tunnel Boring Machines Market Size and Volume Forecast by Application
12.4.1. Railway and Highway
12.4.2. Municipal Engineering
12.4.3. City Rail System
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 Shield Machines and Tunnel Boring Machines Market Size and Volume Forecast by Type
12.7.1. Soft Ground TBMs
12.7.2. Hard Rock TBMs
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 Shield Machines and Tunnel Boring Machines Demand Share, 2019-2026
13. Middle East & Africa Shield Machines and Tunnel Boring Machines 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 Shield Machines and Tunnel Boring Machines 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 Shield Machines and Tunnel Boring Machines Market Size and Volume Forecast by Application
13.4.1. Railway and Highway
13.4.2. Municipal Engineering
13.4.3. City Rail System
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 Shield Machines and Tunnel Boring Machines Market Size and Volume Forecast by Type
13.7.1. Soft Ground TBMs
13.7.2. Hard Rock TBMs
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 Shield Machines and Tunnel Boring Machines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shield Machines and Tunnel Boring Machines Market: Market Share Analysis
14.2. Shield Machines and Tunnel Boring Machines Distributors and Customers
14.3. Shield Machines and Tunnel Boring Machines 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. CRGIC
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 Mechanical Equipment
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Liaoning Censcience Industry Co., Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Komatsu
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NHI Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kawasaki
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Terratec
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hitachi Zosen
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shanghai Tunnel Engineering Co., Ltd
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Xugong Kaigong
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. JIMT
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