The global tunneling machinery market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The segment of roadheader held the larger market share of about 65% in 2018. Coal mine and rock was estimated to account for the highest market share of about 45% in 2018, including coal mine and rock and railway and highway. North America accounted for the largest share in terms of revenue in 2018, followed by Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) respectively.
Some Of The Growth Factors Of This Market:
- The need for tunneling machinery is increasing due to the increase in construction of tunnels and underground structures.
- The demand for tunneling machinery is expected to grow as a result of the increased use of tunneling machinery in mining, civil engineering, and other industries.
- Tunneling machinery manufacturers are investing in research and development to improve their products and services which will lead to an increase in demand for these products over time.
- Tunneling machine manufacturers are focusing on developing new technologies that will make their machines more efficient which will lead to an increase in demand for these products over time.
- The cost of tunneling machines has decreased significantly over the past few years which has led to an increase in demand.
Industry Growth Insights published a new data on “Tunneling Machinery Market”. The research report is titled “Tunneling Machinery Market research by Types (TBMs, Roadheader, The segment of roadheader held the larger market , share of about 65% in 2018.), By Applications (Coal Mine and Rock, Municipal Engineering, Railway and Highway, Others, Both segments were estimated to account for the highest market share of about 45% and 40% in 2018, including coal mineandrock and railway and highway.), By Players/Companies 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”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tunneling Machinery Market Research Report
By Type
TBMs, Roadheader, The segment of roadheader held the larger market , share of about 65% in 2018.
By Application
Coal Mine and Rock, Municipal Engineering, Railway and Highway, Others, Both segments were estimated to account for the highest market share of about 45% and 40% in 2018, including coal mineandrock and railway and highway.
By Companies
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
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Tunneling Machinery Market Report Segments:
The global Tunneling Machinery market is segmented on the basis of:
Types
TBMs, Roadheader, The segment of roadheader held the larger market , share of about 65% in 2018.
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
Coal Mine and Rock, Municipal Engineering, Railway and Highway, Others, Both segments were estimated to account for the highest market share of about 45% and 40% in 2018, including coal mineandrock and railway and highway.
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:
- 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
Highlights of The Tunneling Machinery 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:
- TBMs
- Roadheader
- The segment of roadheader held the larger market
- share of about 65% in 2018.
- By Application:
- Coal Mine and Rock
- Municipal Engineering
- Railway and Highway
- Others
- Both segments were estimated to account for the highest market share of about 45% and 40% in 2018, including coal mineandrock and railway and highway.
- 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 Tunneling Machinery 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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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?
Tunneling machinery is a type of machine used to create tunnels. The machines use a variety of methods, including cutting and blasting, to create the tunnels. Tunneling machines are often used in construction projects, such as building new roads or railways.
Some of the key players operating in the tunneling machinery market are 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.
The tunneling machinery 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. Tunneling Machinery 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. Tunneling Machinery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tunneling Machinery Market - Supply Chain
4.5. Global Tunneling Machinery Market Forecast
4.5.1. Tunneling Machinery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tunneling Machinery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tunneling Machinery Market Absolute $ Opportunity
5. Global Tunneling Machinery 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. Tunneling Machinery Market Size and Volume Forecast by Type
5.3.1. TBMs
5.3.2. Roadheader
5.3.3. The segment of roadheader held the larger market
5.3.4. share of about 65% in 2018.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tunneling Machinery 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. Tunneling Machinery Market Size and Volume Forecast by Application
6.3.1. Coal Mine and Rock
6.3.2. Municipal Engineering
6.3.3. Railway and Highway
6.3.4. Others
6.3.5. Both segments were estimated to account for the highest market share of about 45% and 40% in 2018, including coal mineandrock and railway and highway.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tunneling Machinery 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. Tunneling Machinery 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 Tunneling Machinery 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. Tunneling Machinery 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 Tunneling Machinery Demand Share Forecast, 2019-2026
9. North America Tunneling Machinery 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 Tunneling Machinery 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 Tunneling Machinery Market Size and Volume Forecast by Application
9.4.1. Coal Mine and Rock
9.4.2. Municipal Engineering
9.4.3. Railway and Highway
9.4.4. Others
9.4.5. Both segments were estimated to account for the highest market share of about 45% and 40% in 2018, including coal mineandrock and railway and highway.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tunneling Machinery Market Size and Volume Forecast by Type
9.7.1. TBMs
9.7.2. Roadheader
9.7.3. The segment of roadheader held the larger market
9.7.4. share of about 65% in 2018.
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 Tunneling Machinery Demand Share Forecast, 2019-2026
10. Latin America Tunneling Machinery 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 Tunneling Machinery 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 Tunneling Machinery Market Size and Volume Forecast by Application
10.4.1. Coal Mine and Rock
10.4.2. Municipal Engineering
10.4.3. Railway and Highway
10.4.4. Others
10.4.5. Both segments were estimated to account for the highest market share of about 45% and 40% in 2018, including coal mineandrock and railway and highway.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tunneling Machinery Market Size and Volume Forecast by Type
10.7.1. TBMs
10.7.2. Roadheader
10.7.3. The segment of roadheader held the larger market
10.7.4. share of about 65% in 2018.
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 Tunneling Machinery Demand Share Forecast, 2019-2026
11. Europe Tunneling Machinery 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 Tunneling Machinery 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 Tunneling Machinery Market Size and Volume Forecast by Application
11.4.1. Coal Mine and Rock
11.4.2. Municipal Engineering
11.4.3. Railway and Highway
11.4.4. Others
11.4.5. Both segments were estimated to account for the highest market share of about 45% and 40% in 2018, including coal mineandrock and railway and highway.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Applicaton
11.7. Europe Tunneling Machinery Market Size and Volume Forecast by Type
11.7.1. TBMs
11.7.2. Roadheader
11.7.3. The segment of roadheader held the larger market
11.7.4. share of about 65% in 2018.
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 Tunneling Machinery Demand Share, 2019-2026
12. Asia Pacific Tunneling Machinery 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 Tunneling Machinery 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 Tunneling Machinery Market Size and Volume Forecast by Application
12.4.1. Coal Mine and Rock
12.4.2. Municipal Engineering
12.4.3. Railway and Highway
12.4.4. Others
12.4.5. Both segments were estimated to account for the highest market share of about 45% and 40% in 2018, including coal mineandrock and railway and highway.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tunneling Machinery Market Size and Volume Forecast by Type
12.7.1. TBMs
12.7.2. Roadheader
12.7.3. The segment of roadheader held the larger market
12.7.4. share of about 65% in 2018.
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 Tunneling Machinery Demand Share, 2019-2026
13. Middle East & Africa Tunneling Machinery 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 Tunneling Machinery 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 Tunneling Machinery Market Size and Volume Forecast by Application
13.4.1. Coal Mine and Rock
13.4.2. Municipal Engineering
13.4.3. Railway and Highway
13.4.4. Others
13.4.5. Both segments were estimated to account for the highest market share of about 45% and 40% in 2018, including coal mineandrock and railway and highway.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tunneling Machinery Market Size and Volume Forecast by Type
13.7.1. TBMs
13.7.2. Roadheader
13.7.3. The segment of roadheader held the larger market
13.7.4. share of about 65% in 2018.
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 Tunneling Machinery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tunneling Machinery Market: Market Share Analysis
14.2. Tunneling Machinery Distributors and Customers
14.3. Tunneling Machinery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CREG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CRCHI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Herrenknecht
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NHI
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. Tianhe
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JIMT
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Komatsu
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hitachi Zosen
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Terratec
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kawasaki
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. STEC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. LXCE
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sandvik
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SANY GROUP
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. XCMG
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Antraquip
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Sunward
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. BBM Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Famur
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
