The global underground tunneling equipment market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for underground tunnels in various applications and growing need for efficient and cost-effective tunneling methods.
The global underground tunneling equipment market is segmented on the basis of type, application, and region. On the basis of type, it is classified into earth pressure balance machines (EPBMs), slurry shield (SS), shielded TBMs, open TBMs, and mixshields. EPBMs are used in city rail systems; SS are used in railway and highway applications; shielded TBMs are used in municipal engineering applications; open TBMs are used in mining applications; mixshields are used for all types of application segments. On the basis of application segmentation, it includes city rail system (subway), railway & highway construction projects (highways), municipal engineering projects (sewers & water supply lines) mining projects (coal mines). On the basis of region classification, it includes North America including US, Latin America including Brazil & Mexico Europe including Russia Asia Pacific including China Middle East & Africa.
- The need for underground tunneling equipment is increasing due to the increase in population and urbanization.
- The need for underground tunneling equipment is also increasing due to the increase in demand for energy, water, and other resources.
- Underground tunneling equipment can be used to create new tunnels or expand existing ones which will help with traffic congestion and reduce pollution levels in cities by reducing the number of cars on the road.
Industry Growth Insights published a new data on “Underground Tunneling Equipment Market”. The research report is titled “Underground Tunneling Equipment Market research by Types (Earth Pressure Balance Machines, Slurry Shield (SS), Shielded Type TBMs, Open Type TBMs, Mixshield), By Applications (City Rail System, Railway and Highway, Municipal Engineering, Others), By Players/Companies Herrenknecht, CRTG, CRCHI, Robbins, Tianhe, LNSS, Komatsu, Mitsubishi, NHI, Kawasaki, IHI, Terratec, SELI, Tianye Tolian, Hitachi Zosen, Xugong Kaigong, STEC, JIMT”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Underground Tunneling Equipment Market Research Report
By Type
Earth Pressure Balance Machines, Slurry Shield (SS), Shielded Type TBMs, Open Type TBMs, Mixshield
By Application
City Rail System, Railway and Highway, Municipal Engineering, Others
By Companies
Herrenknecht, CRTG, CRCHI, Robbins, Tianhe, LNSS, Komatsu, Mitsubishi, NHI, Kawasaki, IHI, Terratec, SELI, Tianye Tolian, Hitachi Zosen, Xugong Kaigong, STEC, 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 Underground Tunneling Equipment Market Report Segments:
The global Underground Tunneling Equipment market is segmented on the basis of:
Types
Earth Pressure Balance Machines, Slurry Shield (SS), Shielded Type TBMs, Open Type TBMs, Mixshield
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
- CRTG
- CRCHI
- Robbins
- Tianhe
- LNSS
- Komatsu
- Mitsubishi
- NHI
- Kawasaki
- IHI
- Terratec
- SELI
- Tianye Tolian
- Hitachi Zosen
- Xugong Kaigong
- STEC
- JIMT
Highlights of The Underground Tunneling Equipment 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
- Open Type TBMs
- Mixshield
- 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 Underground Tunneling Equipment 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?
Underground tunneling equipment is a specialized type of machine used to excavate tunnels. It consists of a series of rotating drums, each with an abrasive surface, that are lowered into the ground. The drums create a tunnel by scraping away the soil and rock beneath them.
Some of the major players in the underground tunneling equipment market are Herrenknecht, CRTG, CRCHI, Robbins, Tianhe, LNSS, Komatsu, Mitsubishi, NHI, Kawasaki, IHI, Terratec, SELI, Tianye Tolian, Hitachi Zosen, Xugong Kaigong, STEC, JIMT.
The underground tunneling equipment 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. Underground Tunneling Equipment 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. Underground Tunneling Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Underground Tunneling Equipment Market - Supply Chain
4.5. Global Underground Tunneling Equipment Market Forecast
4.5.1. Underground Tunneling Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Underground Tunneling Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Underground Tunneling Equipment Market Absolute $ Opportunity
5. Global Underground Tunneling Equipment 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. Underground Tunneling Equipment 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. Open Type TBMs
5.3.5. Mixshield
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Underground Tunneling Equipment 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. Underground Tunneling Equipment 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 Underground Tunneling Equipment 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. Underground Tunneling Equipment 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 Underground Tunneling Equipment 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. Underground Tunneling Equipment 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 Underground Tunneling Equipment Demand Share Forecast, 2019-2029
9. North America Underground Tunneling Equipment 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 Underground Tunneling Equipment 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 Underground Tunneling Equipment 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 Underground Tunneling Equipment 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. Open Type TBMs
9.7.5. Mixshield
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 Underground Tunneling Equipment Demand Share Forecast, 2019-2029
10. Latin America Underground Tunneling Equipment 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 Underground Tunneling Equipment 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 Underground Tunneling Equipment 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 Underground Tunneling Equipment 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. Open Type TBMs
10.7.5. Mixshield
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 Underground Tunneling Equipment Demand Share Forecast, 2019-2029
11. Europe Underground Tunneling Equipment 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 Underground Tunneling Equipment 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 Underground Tunneling Equipment 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 Underground Tunneling Equipment Market Size and Volume Forecast by Type 11.7.1. Earth Pressure Balance Machines
11.7.2. Slurry Shield (SS)
11.7.3. Shielded Type TBMs
11.7.4. Open Type TBMs
11.7.5. Mixshield
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 Underground Tunneling Equipment Demand Share, 2019-2029
12. Asia Pacific Underground Tunneling Equipment 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 Underground Tunneling Equipment 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 Underground Tunneling Equipment 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 Underground Tunneling Equipment 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. Open Type TBMs
12.7.5. Mixshield
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 Underground Tunneling Equipment Demand Share, 2019-2029
13. Middle East & Africa Underground Tunneling Equipment 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 Underground Tunneling Equipment 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 Underground Tunneling Equipment 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 Underground Tunneling Equipment 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. Open Type TBMs
13.7.5. Mixshield
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 Underground Tunneling Equipment Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Underground Tunneling Equipment Market: Market Share Analysis
14.2. Underground Tunneling Equipment Distributors and Customers
14.3. Underground Tunneling Equipment 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. CRTG
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. Robbins
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tianhe
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LNSS
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. Mitsubishi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NHI
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kawasaki
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. IHI
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Terratec
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SELI
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tianye Tolian
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hitachi Zosen
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Xugong Kaigong
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. STEC
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. JIMT
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
