Global Shield Machines and Tunnel Boring Machines Market Growth 2025-2031
Description
The global Shield Machines and Tunnel Boring Machines market size is predicted to grow from US$ 925 million in 2025 to US$ 1112 million in 2031; it is expected to grow at a CAGR of 3.1% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Shield machine and tunnel boring machine (TBM) is a machine used to excavate tunnels with a circular cross-section through a variety of soil and rock strata. They may also be used for micro tunneling. In Japan and China, the machines used for soil are called shield tunneling machines and machines used for hard rock are called tunnel boring machines. But in Europe and the USA, they are called the same name tunnel boring machine. The research we did include all of them.
United States market for Shield Machines and Tunnel Boring Machines is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Shield Machines and Tunnel Boring Machines is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Shield Machines and Tunnel Boring Machines is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Shield Machines and Tunnel Boring Machines players cover Herrenknecht, CRGIC, CRCHI, Tianhe Mechanical Equipment, Liaoning Censcience Industry Co., Ltd, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Shield Machines and Tunnel Boring Machines Industry Forecast” looks at past sales and reviews total world Shield Machines and Tunnel Boring Machines sales in 2024, providing a comprehensive analysis by region and market sector of projected Shield Machines and Tunnel Boring Machines sales for 2025 through 2031. With Shield Machines and Tunnel Boring Machines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shield Machines and Tunnel Boring Machines industry.
This Insight Report provides a comprehensive analysis of the global Shield Machines and Tunnel Boring Machines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shield Machines and Tunnel Boring Machines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shield Machines and Tunnel Boring Machines market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shield Machines and Tunnel Boring Machines and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shield Machines and Tunnel Boring Machines.
This report presents a comprehensive overview, market shares, and growth opportunities of Shield Machines and Tunnel Boring Machines market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Soft Ground TBMs
Hard Rock TBMs
Segmentation by Application:
Railway and Highway
Municipal Engineering
City Rail System
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Herrenknecht
CRGIC
CRCHI
Tianhe Mechanical Equipment
Liaoning Censcience Industry Co., Ltd
Komatsu
NHI Group
Kawasaki
Terratec
Hitachi Zosen
Shanghai Tunnel Engineering
Xugong Kaigong
JIMT
Robbins
Wirth
Komatsu
Mitsubishi
NHI
Xugong Kaigong
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shield Machines and Tunnel Boring Machines market?
What factors are driving Shield Machines and Tunnel Boring Machines market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shield Machines and Tunnel Boring Machines market opportunities vary by end market size?
How does Shield Machines and Tunnel Boring Machines break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Shield machine and tunnel boring machine (TBM) is a machine used to excavate tunnels with a circular cross-section through a variety of soil and rock strata. They may also be used for micro tunneling. In Japan and China, the machines used for soil are called shield tunneling machines and machines used for hard rock are called tunnel boring machines. But in Europe and the USA, they are called the same name tunnel boring machine. The research we did include all of them.
United States market for Shield Machines and Tunnel Boring Machines is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Shield Machines and Tunnel Boring Machines is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Shield Machines and Tunnel Boring Machines is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Shield Machines and Tunnel Boring Machines players cover Herrenknecht, CRGIC, CRCHI, Tianhe Mechanical Equipment, Liaoning Censcience Industry Co., Ltd, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Shield Machines and Tunnel Boring Machines Industry Forecast” looks at past sales and reviews total world Shield Machines and Tunnel Boring Machines sales in 2024, providing a comprehensive analysis by region and market sector of projected Shield Machines and Tunnel Boring Machines sales for 2025 through 2031. With Shield Machines and Tunnel Boring Machines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shield Machines and Tunnel Boring Machines industry.
This Insight Report provides a comprehensive analysis of the global Shield Machines and Tunnel Boring Machines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shield Machines and Tunnel Boring Machines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shield Machines and Tunnel Boring Machines market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shield Machines and Tunnel Boring Machines and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shield Machines and Tunnel Boring Machines.
This report presents a comprehensive overview, market shares, and growth opportunities of Shield Machines and Tunnel Boring Machines market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Soft Ground TBMs
Hard Rock TBMs
Segmentation by Application:
Railway and Highway
Municipal Engineering
City Rail System
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Herrenknecht
CRGIC
CRCHI
Tianhe Mechanical Equipment
Liaoning Censcience Industry Co., Ltd
Komatsu
NHI Group
Kawasaki
Terratec
Hitachi Zosen
Shanghai Tunnel Engineering
Xugong Kaigong
JIMT
Robbins
Wirth
Komatsu
Mitsubishi
NHI
Xugong Kaigong
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shield Machines and Tunnel Boring Machines market?
What factors are driving Shield Machines and Tunnel Boring Machines market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shield Machines and Tunnel Boring Machines market opportunities vary by end market size?
How does Shield Machines and Tunnel Boring Machines break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
142 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Shield Machines and Tunnel Boring Machines by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Shield Machines and Tunnel Boring Machines by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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