As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Tunnel Boring Machine Market: By Machine Type: Slurry TBM, Earth pressure balance shield TBM, Shielded TBM, Multi-mode TBM, Other Machines; By Geology Type; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Tunnel Boring Machine Market Outlook

The global tunnel boring machine market stood at a value of around USD 5585.52 million in 2020. The market is further expected to grow at a CAGR of 6% in the forecast period of 2021-2026 to attain USD 7471.07 million by 2026.

 

Growing Awareness about the Advantages of Slurry Type TBM to Bolster the Growth of the Tunnel Boring Machine Industry

Based on machine type, slurry TBM accounts for a significant share in the market, owing to the growing awareness about the various advantages of this type, including high specific gravity and high viscosity, which pressure controls the cutting face, resulting in stability that is obtained even under high pressure. The diameter of slurry TBM is high, making it ideal for high-magnitude excavation. Meanwhile, the shielded TBM segment is anticipated to grow at a significant rate in the forecast period, owing to its suitability for a broad range of ground conditions. The shielded TBM can work efficiently in between tough rocks, soft strata, and fractured zones, among others. The product secures a large internal space, which enables safety maintenance and facilitates efficiency in operations.

 

Global Tunnel Boring Machine Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The Asia Pacific Accounts for a Significant Share in the Market

The Asia Pacific is anticipated to be a significant region contributing to the growth of the market. This can be attributed to the increasing tunnel construction projects in countries like India, China, and South Korea, among others. Further, the market is expected to be aided by the increasing government investments towards the improvement of road and rail networks. A surge in government investments in tunnel projects to bolster the commutation between major cities is expected to aid the regional market.

 

Tunnel Boring Machine: Industry Definition and Segmentation

A tunnel boring machine, also referred to as a mole, is a machine designed to excavate tunnels. The machine can carry out deep underground excavations, or can even excavate tunnels with a highly specific circular cross-section and sharp curves.

Based on machine type, the market is divided into:

  • Slurry TBM
  • Earth Pressure Balance Shield TBM
  • Shielded TBM
  • Multi-mode TBM
  • Other Machines

On the basis of geology type, the industry is segmented into:

  • Soft Ground
  • Hard Rock Ground
  • Heterogenous Ground 
  • Variable Ground

The significant end use of the product include:

  • Road Transport
  • Railway Transport
  • Metro and Transit
  • Utilities
  • Mining 
  • Oil and Gas
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rapid Development of Road and Railway Tunnels, Particularly in Emerging Nations, to Boost the Growth of the Tunnel Boring Machine Industry

The global tunnel boring machine industry is driven by the rapid urbanisation and industrialisation and the growing use of the product to develop road and railway tunnels. The increasing government expenditure towards the development of road and railway networks in emerging economies to enhance the convenience of the working class is aiding the industry growth. In addition, the rising travel and tourism sector in various countries is expected to be a significant factor driving the market growth. Over the forecast period, the increasing underground mining operations in developing countries are expected to provide a further impetus to the market.

 

Key Industry Players in the Global Tunnel Boring Machine Market

The report gives a detailed analysis of the following key players in the global tunnel boring machine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Komatsu Ltd.
  • China Railway Engineering Equipment Group Co., Ltd.
  • Herrenknecht AG
  • Hitachi Zosen Corporation
  • Kawasaki Heavy Industries, Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Machine Type, Geology Type, End Use, Region
Breakup by Machine Type Slurry TBM, Earth pressure balance shield TBM, Shielded TBM, Multi-mode TBM, Other Machines
Breakup by Geology Type Soft Ground, Hard Rock Ground, Heterogenous Ground, Variable Ground
Breakup by End Use Road Transport, Railway Transport, Metro and Transit, Utilities, Mining, Oil and Gas, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Komatsu Ltd., China Railway Engineering Equipment Group Co., Ltd., Herrenknecht AG, Hitachi Zosen Corporation, Kawasaki Heavy Industries, Ltd., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Tunnel Boring Machine Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Tunnel Boring Machine Historical Market (2016-2020) 
    8.3    Global Tunnel Boring Machine Market Forecast (2021-2026)
    8.4    Global Tunnel Boring Machine Market by Machine Type
        8.4.1    Slurry TBM
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Earth pressure balance shield TBM
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Shielded TBM
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Multi-mode TBM
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Other Machines
    8.5    Global Tunnel Boring Machine Market by Geology Type
        8.5.1    Soft Ground
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Hard Rock Ground
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Heterogenous Ground
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Variable Ground
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
    8.6    Global Tunnel Boring Machine Market by End Use
        8.6.1    Road Transport
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Railway Transport
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Metro and Transit
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Utilities
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Mining
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2016-2020)
            8.6.5.3    Forecast Trend (2021-2026)
        8.6.6    Oil and Gas
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2016-2020)
            8.6.6.3    Forecast Trend (2021-2026)
        8.6.7    Others
    8.7    Global Tunnel Boring Machine Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    Germany
            9.2.3.2    United Kingdom
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    India 
            9.3.3.3    Japan
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Komatsu Ltd.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    China Railway Engineering Equipment Group Co., Ltd.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Herrenknecht AG
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Hitachi Zosen Corporation
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Kawasaki Heavy Industries, Ltd.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Tunnel Boring Machine Market: Key Industry Highlights, 2016 and 2026
2.    Global Tunnel Boring Machine Historical Market: Breakup by Machine Type (USD Million), 2016-2020
3.    Global Tunnel Boring Machine Market Forecast: Breakup by Machine Type (USD Million), 2021-2026
4.    Global Tunnel Boring Machine Historical Market: Breakup by Geology Type (USD Million), 2016-2020
5.    Global Tunnel Boring Machine Market Forecast: Breakup by Geology Type (USD Million), 2021-2026
6.    Global Tunnel Boring Machine Historical Market: Breakup by End Use (USD Million), 2016-2020
7.    Global Tunnel Boring Machine Market Forecast: Breakup by End Use (USD Million), 2021-2026
8.    Global Tunnel Boring Machine Historical Market: Breakup by Region (USD Million), 2016-2020
9.    Global Tunnel Boring Machine Market Forecast: Breakup by Region (USD Million), 2021-2026
10.    North America Tunnel Boring Machine Historical Market: Breakup by Country (USD Million), 2016-2020
11.    North America Tunnel Boring Machine Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Europe Tunnel Boring Machine Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Europe Tunnel Boring Machine Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Asia Pacific Tunnel Boring Machine Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Asia Pacific Tunnel Boring Machine Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Latin America Tunnel Boring Machine Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Latin America Tunnel Boring Machine Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Middle East and Africa Tunnel Boring Machine Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Middle East and Africa Tunnel Boring Machine Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    Global Tunnel Boring Machine Market Structure

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER