Global Tunneling Machinery Supply, Demand and Key Producers, 2026-2032
Description
The global Tunneling Machinery market size is expected to reach $ 4448 million by 2032, rising at a market growth of 5.0% CAGR during the forecast period (2026-2032).
In 2025, global tunneling Machinery production capacity is 1,000 units, with production reached approximately 748 units, with an average global market price of around US$ 4.16 million per unit. The market gross margin is mainly 30%-40%.
Tunneling machinery refers to specialized sets of equipment used in underground tunnel, roadway, and underground space engineering to achieve mechanized and continuous excavation and support construction. This type of equipment completes tunnel excavation through roller cutter rock breaking or controlled cutting methods, and is coordinated with synchronous lining, support, excavated soil transportation, and attitude control systems to achieve comprehensive control over stratum stability, construction safety, and tunneling efficiency. Tunneling machinery is usually highly customized according to different geological conditions and is suitable for soft soil, composite strata, and hard rock environments. It is widely used in urban rail transit, highway and railway tunnels, water conservancy and hydropower projects, underground utility tunnels, and mining construction, and is one of the core equipment with the highest technical complexity and system integration in underground infrastructure engineering.
The upstream of the tunneling machinery industry chain mainly consists of suppliers of key raw materials and core components, including high-strength steel structural materials, hydraulic systems, motors and reducers, large bearings, hobbing cutters, electrical and automation control systems, and sensing and monitoring equipment. The midstream comprises the complete machine manufacturing and system integration stages, where manufacturers need to conduct customized designs based on engineering geological conditions, complete structural manufacturing, assembly, commissioning, and on-site delivery, and provide long-term technical service support. The downstream mainly consists of engineering owners and construction units in the infrastructure construction and resource development fields, such as urban rail transit companies, railway and highway construction companies, water conservancy and hydropower investment entities, and large mining enterprises. The overall industry chain exhibits clear characteristics of project-driven, order-based production, and service orientation.
The market prospects for tunneling machinery are closely related to global infrastructure construction and underground space development. With accelerated urbanization, increased traffic congestion, and the continued advancement of energy and water resource projects, countries are maintaining high levels of investment in rail transit, cross-mountain and cross-river tunnels, and underground utility tunnels, providing a stable demand base for TBMs. In mature markets, equipment upgrades, construction in complex geological formations, and ultra-large diameter tunnel projects are driving demand for high-end and technologically advanced equipment. In emerging markets, large-scale infrastructure construction is generating new demand for installed capacity. In the future, the industry will place greater emphasis on intelligent control, improved adaptability to complex geological conditions, and full life-cycle services, resulting in a generally robust market growth trend.
This report studies the global Tunneling Machinery production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Tunneling Machinery and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Tunneling Machinery that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Tunneling Machinery total production and demand, 2021-2032, (Units)
Global Tunneling Machinery total production value, 2021-2032, (USD Million)
Global Tunneling Machinery production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Units), (based on production site)
Global Tunneling Machinery consumption by region & country, CAGR, 2021-2032 & (Units)
U.S. VS China: Tunneling Machinery domestic production, consumption, key domestic manufacturers and share
Global Tunneling Machinery production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Units)
Global Tunneling Machinery production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Units)
Global Tunneling Machinery production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Units)
This report profiles key players in the global Tunneling Machinery market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include China Railway Hi-tech Industry Corporation Limited, Herrenknecht, China Railway Construction Heavy Industry Corporation Limited, CCCC Tianhe Xi'an Equipment Manufacturing Co., Ltd, Robbins, JIMT, UGITEC, NHI, Liaoning Conscience Industrial Co., Ltd, Terratec, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Tunneling Machinery market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Tunneling Machinery Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Tunneling Machinery Market, Segmentation by Type:
软土掘进机
硬岩掘进机
Global Tunneling Machinery Market, Segmentation by Diameter:
Less than 6m
6-8m
More than 8m
Global Tunneling Machinery Market, Segmentation by shape:
Round Tunneling Machine
Rectangular and Irregular Tunneling Machine
Global Tunneling Machinery Market, Segmentation by Application:
Urban Rail Transit Systems
Railways And Highways
Municipal Engineering
Others
Companies Profiled:
China Railway Hi-tech Industry Corporation Limited
Herrenknecht
China Railway Construction Heavy Industry Corporation Limited
CCCC Tianhe Xi'an Equipment Manufacturing Co., Ltd
Robbins
JIMT
UGITEC
NHI
Liaoning Conscience Industrial Co., Ltd
Terratec
Shanghai Tunnel Engineering Co.,Ltd
Komatsu
Key Questions Answered:
1. How big is the global Tunneling Machinery market?
2. What is the demand of the global Tunneling Machinery market?
3. What is the year over year growth of the global Tunneling Machinery market?
4. What is the production and production value of the global Tunneling Machinery market?
5. Who are the key producers in the global Tunneling Machinery market?
6. What are the growth factors driving the market demand?
In 2025, global tunneling Machinery production capacity is 1,000 units, with production reached approximately 748 units, with an average global market price of around US$ 4.16 million per unit. The market gross margin is mainly 30%-40%.
Tunneling machinery refers to specialized sets of equipment used in underground tunnel, roadway, and underground space engineering to achieve mechanized and continuous excavation and support construction. This type of equipment completes tunnel excavation through roller cutter rock breaking or controlled cutting methods, and is coordinated with synchronous lining, support, excavated soil transportation, and attitude control systems to achieve comprehensive control over stratum stability, construction safety, and tunneling efficiency. Tunneling machinery is usually highly customized according to different geological conditions and is suitable for soft soil, composite strata, and hard rock environments. It is widely used in urban rail transit, highway and railway tunnels, water conservancy and hydropower projects, underground utility tunnels, and mining construction, and is one of the core equipment with the highest technical complexity and system integration in underground infrastructure engineering.
The upstream of the tunneling machinery industry chain mainly consists of suppliers of key raw materials and core components, including high-strength steel structural materials, hydraulic systems, motors and reducers, large bearings, hobbing cutters, electrical and automation control systems, and sensing and monitoring equipment. The midstream comprises the complete machine manufacturing and system integration stages, where manufacturers need to conduct customized designs based on engineering geological conditions, complete structural manufacturing, assembly, commissioning, and on-site delivery, and provide long-term technical service support. The downstream mainly consists of engineering owners and construction units in the infrastructure construction and resource development fields, such as urban rail transit companies, railway and highway construction companies, water conservancy and hydropower investment entities, and large mining enterprises. The overall industry chain exhibits clear characteristics of project-driven, order-based production, and service orientation.
The market prospects for tunneling machinery are closely related to global infrastructure construction and underground space development. With accelerated urbanization, increased traffic congestion, and the continued advancement of energy and water resource projects, countries are maintaining high levels of investment in rail transit, cross-mountain and cross-river tunnels, and underground utility tunnels, providing a stable demand base for TBMs. In mature markets, equipment upgrades, construction in complex geological formations, and ultra-large diameter tunnel projects are driving demand for high-end and technologically advanced equipment. In emerging markets, large-scale infrastructure construction is generating new demand for installed capacity. In the future, the industry will place greater emphasis on intelligent control, improved adaptability to complex geological conditions, and full life-cycle services, resulting in a generally robust market growth trend.
This report studies the global Tunneling Machinery production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Tunneling Machinery and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Tunneling Machinery that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Tunneling Machinery total production and demand, 2021-2032, (Units)
Global Tunneling Machinery total production value, 2021-2032, (USD Million)
Global Tunneling Machinery production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Units), (based on production site)
Global Tunneling Machinery consumption by region & country, CAGR, 2021-2032 & (Units)
U.S. VS China: Tunneling Machinery domestic production, consumption, key domestic manufacturers and share
Global Tunneling Machinery production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Units)
Global Tunneling Machinery production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Units)
Global Tunneling Machinery production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Units)
This report profiles key players in the global Tunneling Machinery market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include China Railway Hi-tech Industry Corporation Limited, Herrenknecht, China Railway Construction Heavy Industry Corporation Limited, CCCC Tianhe Xi'an Equipment Manufacturing Co., Ltd, Robbins, JIMT, UGITEC, NHI, Liaoning Conscience Industrial Co., Ltd, Terratec, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Tunneling Machinery market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Tunneling Machinery Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Tunneling Machinery Market, Segmentation by Type:
软土掘进机
硬岩掘进机
Global Tunneling Machinery Market, Segmentation by Diameter:
Less than 6m
6-8m
More than 8m
Global Tunneling Machinery Market, Segmentation by shape:
Round Tunneling Machine
Rectangular and Irregular Tunneling Machine
Global Tunneling Machinery Market, Segmentation by Application:
Urban Rail Transit Systems
Railways And Highways
Municipal Engineering
Others
Companies Profiled:
China Railway Hi-tech Industry Corporation Limited
Herrenknecht
China Railway Construction Heavy Industry Corporation Limited
CCCC Tianhe Xi'an Equipment Manufacturing Co., Ltd
Robbins
JIMT
UGITEC
NHI
Liaoning Conscience Industrial Co., Ltd
Terratec
Shanghai Tunnel Engineering Co.,Ltd
Komatsu
Key Questions Answered:
1. How big is the global Tunneling Machinery market?
2. What is the demand of the global Tunneling Machinery market?
3. What is the year over year growth of the global Tunneling Machinery market?
4. What is the production and production value of the global Tunneling Machinery market?
5. Who are the key producers in the global Tunneling Machinery market?
6. What are the growth factors driving the market demand?
Table of Contents
131 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Diameter
- 7 Market Analysis by shape
- 8 Market Analysis by Application
- 9 Company Profiles
- 10 Industry Chain Analysis
- 11 Research Findings and Conclusion
- 12 Appendix
Pricing
Currency Rates
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