Global Tunneling Machinery Market Growth 2026-2032
Description
The global Tunneling Machinery market size is predicted to grow from US$ 3046 million in 2025 to US$ 4304 million in 2032; it is expected to grow at a CAGR of 5.3% from 2026 to 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.
LP Information, Inc. (LPI) ' newest research report, the “Tunneling Machinery Industry Forecast” looks at past sales and reviews total world Tunneling Machinery sales in 2025, providing a comprehensive analysis by region and market sector of projected Tunneling Machinery sales for 2026 through 2032. With Tunneling Machinery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tunneling Machinery industry.
This Insight Report provides a comprehensive analysis of the global Tunneling Machinery 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 Tunneling Machinery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Tunneling Machinery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tunneling Machinery 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 Tunneling Machinery.
This report presents a comprehensive overview, market shares, and growth opportunities of Tunneling Machinery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
软土掘进机
硬岩掘进机
Segmentation by Diameter:
Less than 6m
6-8m
More than 8m
Segmentation by shape:
Round Tunneling Machine
Rectangular and Irregular Tunneling Machine
Segmentation by Application:
Urban Rail Transit Systems
Railways And Highways
Municipal Engineering
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.
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 Addressed in this Report
What is the 10-year outlook for the global Tunneling Machinery market?
What factors are driving Tunneling Machinery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tunneling Machinery market opportunities vary by end market size?
How does Tunneling Machinery break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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.
LP Information, Inc. (LPI) ' newest research report, the “Tunneling Machinery Industry Forecast” looks at past sales and reviews total world Tunneling Machinery sales in 2025, providing a comprehensive analysis by region and market sector of projected Tunneling Machinery sales for 2026 through 2032. With Tunneling Machinery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tunneling Machinery industry.
This Insight Report provides a comprehensive analysis of the global Tunneling Machinery 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 Tunneling Machinery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Tunneling Machinery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tunneling Machinery 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 Tunneling Machinery.
This report presents a comprehensive overview, market shares, and growth opportunities of Tunneling Machinery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
软土掘进机
硬岩掘进机
Segmentation by Diameter:
Less than 6m
6-8m
More than 8m
Segmentation by shape:
Round Tunneling Machine
Rectangular and Irregular Tunneling Machine
Segmentation by Application:
Urban Rail Transit Systems
Railways And Highways
Municipal Engineering
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.
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 Addressed in this Report
What is the 10-year outlook for the global Tunneling Machinery market?
What factors are driving Tunneling Machinery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tunneling Machinery market opportunities vary by end market size?
How does Tunneling Machinery break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
118 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 Tunneling Machinery 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 Tunneling Machinery by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
