
Global Tunnel Boring Machine Market Size & Share to 2027
Description
Global Tunnel Boring Machine Market Size & Share to 2027
Global Tunnel Boring Machine Market Size, Trends & Growth Opportunity, By Machine Type (Slurry TBM, Earth Pressure Balance Shield TBM, Shielded TBM, Multi-mode TBM, and Others), By Geology Type, By End Use (Oil & Gas, Mining, Utilities, Metro & Transit, Road Transport, Railway Transport, and Others), and By Region and Forecast till 2027
Global Tunnel Boring Machine Market
The Tunnel Boring Machine is also referred as TBM which used in creating tunnels for roads, railways, and pipeline. This machine excavates circular tunnels through a variety of rock and soil. These machines are effective for catering smooth cut and finishing through the rocks along with constructing concrete shields around the bored tunnels.
Market Drivers
The increase in spending on road and railway infrastructures across the globe is the key driving actor which is expected to boost the global tunnel boring machine market growth. The tunnel n\boring machines provide various advantages including easily trained operation, worker safety, automated operation, and less rock damage is expected to fuel the market growth. The growing metropolitan rail infrastructure projects promote the global tunnel boring machines market growth. Moreover, the growing government investment on railway, pipelines, and road infrastructure will positively influence the market growth. In addition, the rise in demand for tunnel boring machines from various end use industries such as mining, transportation, and public utility and many other is expected to support the market growth during this forecast timeline.
Market Restraints
The tunnel boring machines are expensive and also they are difficult to transport which may hamper the global tunnel boring machines market growth over the forecast period.
Market Segmentation
The Global Tunnel Boring Machine Market is segmented into machine type such as Slurry TBM, Earth Pressure Balance Shield TBM, Shielded TBM, Multi-mode TBM, and Others, by Geology Type such as Soft Ground, Hard Rock Ground, Heterogeneous Ground, and Variable Ground. Further, market is segmented into end user such as Oil & Gas, Mining, Utilities, Metro & Transit, Road Transport, Railway Transport, and Others.
Also, the Global Tunnel Boring Machine Market is segmented into five regions such as North America, Latin America Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Herrenknecht AG, Mitsubishi Heavy Industries, Ltd., Kawasaki Heavy Industries, Ltd., Komatsu, Qinhuangdao Tianye Tolian Heavy Industry Co., Ltd., Hitachi Zosen Corporation, Terratec Ltd., The Robbins Company Inc., and SELI S.p.A., etc.
Market Taxonomy
By Machine Type
Global Tunnel Boring Machine Market Size, Trends & Growth Opportunity, By Machine Type (Slurry TBM, Earth Pressure Balance Shield TBM, Shielded TBM, Multi-mode TBM, and Others), By Geology Type, By End Use (Oil & Gas, Mining, Utilities, Metro & Transit, Road Transport, Railway Transport, and Others), and By Region and Forecast till 2027
Global Tunnel Boring Machine Market
The Tunnel Boring Machine is also referred as TBM which used in creating tunnels for roads, railways, and pipeline. This machine excavates circular tunnels through a variety of rock and soil. These machines are effective for catering smooth cut and finishing through the rocks along with constructing concrete shields around the bored tunnels.
Market Drivers
The increase in spending on road and railway infrastructures across the globe is the key driving actor which is expected to boost the global tunnel boring machine market growth. The tunnel n\boring machines provide various advantages including easily trained operation, worker safety, automated operation, and less rock damage is expected to fuel the market growth. The growing metropolitan rail infrastructure projects promote the global tunnel boring machines market growth. Moreover, the growing government investment on railway, pipelines, and road infrastructure will positively influence the market growth. In addition, the rise in demand for tunnel boring machines from various end use industries such as mining, transportation, and public utility and many other is expected to support the market growth during this forecast timeline.
Market Restraints
The tunnel boring machines are expensive and also they are difficult to transport which may hamper the global tunnel boring machines market growth over the forecast period.
Market Segmentation
The Global Tunnel Boring Machine Market is segmented into machine type such as Slurry TBM, Earth Pressure Balance Shield TBM, Shielded TBM, Multi-mode TBM, and Others, by Geology Type such as Soft Ground, Hard Rock Ground, Heterogeneous Ground, and Variable Ground. Further, market is segmented into end user such as Oil & Gas, Mining, Utilities, Metro & Transit, Road Transport, Railway Transport, and Others.
Also, the Global Tunnel Boring Machine Market is segmented into five regions such as North America, Latin America Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Herrenknecht AG, Mitsubishi Heavy Industries, Ltd., Kawasaki Heavy Industries, Ltd., Komatsu, Qinhuangdao Tianye Tolian Heavy Industry Co., Ltd., Hitachi Zosen Corporation, Terratec Ltd., The Robbins Company Inc., and SELI S.p.A., etc.
Market Taxonomy
By Machine Type
- Slurry TBM
- Earth Pressure Balance Shield TBM
- Shielded TBM
- Multi-mode TBM
- Others
- Soft Ground
- Hard Rock Ground
- Heterogeneous Ground
- Variable Ground
- Oil & Gas
- Mining
- Utilities
- Metro & Transit
- Road Transport
- Railway Transport
- Others
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Tunnel Boring Machine Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Table of Contents
167 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Tunnel Boring Machine Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Tunnel Boring Machine Market, By Machine Type
- 5.1 Y-o-Y Growth Comparison, By Machine Type
- 5.2 Global Tunnel Boring Machine Market Share Analysis, By Machine Type
- 5.3 Global Tunnel Boring Machine Market Size and Forecast, By Machine Type
- 5.3.1 Slurry TBM
- 5.3.2 Earth Pressure Balance Shield TBM
- 5.3.3 Shielded TBM
- 5.3.4 Multi-mode TBM
- 5.3.5 Others
- 6 Global Tunnel Boring Machine Market, By Geology Type
- 6.1 Y-o-Y Growth Comparison, By Geology Type
- 6.2 Global Tunnel Boring Machine Market Share Analysis, By Geology Type
- 6.3 Global Tunnel Boring Machine Market Size and Forecast, By Geology Type
- 6.3.1 Soft Ground
- 6.3.2 Hard Rock Ground
- 6.3.3 Heterogeneous Ground
- 6.3.4 Variable Ground
- 7 Global Tunnel Boring Machine Market, By End User
- 7.1 Y-o-Y Growth Comparison, By End User
- 7.2 Global Tunnel Boring Machine Market Share Analysis, By End User
- 7.3 Global Tunnel Boring Machine Market Size and Forecast, By End User
- 7.3.1 Oil & Gas
- 7.3.2 Mining
- 7.3.3 Utilities
- 7.3.4 Metro & Transit
- 7.3.5 Road Transport
- 7.3.6 Railway Transport
- 7.3.7 Others
- 8 Global Tunnel Boring Machine Market, By Region
- 8.1 Global Tunnel Boring Machine Market Share Analysis, By Region
- 8.2 Global Tunnel Boring Machine Market Share Analysis, By Region
- 8.3 Global Tunnel Boring Machine Market Size and Forecast, By Region
- 9 North America Tunnel Boring Machine Market Analysis and Forecast (2020-2027)
- 9.1 Introduction
- 9.2 North America Tunnel Boring Machine Market Share Analysis, By Machine Type
- 9.3 North America Tunnel Boring Machine Market Size and Forecast, By Geology Type
- 9.4 North America Tunnel Boring Machine Market Size and Forecast, By End User
- 9.5 North America Tunnel Boring Machine Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.2 Canada
- 9.5.3 Mexico
- 10 EuropeTunnel Boring Machine Market Analysis and Forecast (2020-2027)
- 10.1 Introduction
- 10.2 Europe Tunnel Boring Machine Market Share Analysis, By Machine Type
- 10.3 Europe Tunnel Boring Machine Market Size and Forecast, By Geology Type
- 10.4 Europe Tunnel Boring Machine Market Size and Forecast, By End User
- 10.5 Europe Tunnel Boring Machine Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.2 France
- 10.5.3 UK
- 10.5.4 Rest of Europe
- 11 Asia Pacific Tunnel Boring Machine Market Analysis and Forecast (2020-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Tunnel Boring Machine Market Share Analysis, By Machine Type
- 11.3 Asia Pacific Tunnel Boring Machine Market Size and Forecast, By Geology Type
- 11.4 Asia Pacific Tunnel Boring Machine Market Size and Forecast, By End User
- 11.5 Asia Pacific Tunnel Boring Machine Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 Japan
- 11.5.3 India
- 11.5.4 Rest of Asia Pacific
- 12 Latin America Tunnel Boring Machine Market Analysis and Forecast (2020-2027)
- 12.1 Introduction
- 12.2 Latin America Tunnel Boring Machine Market Share Analysis, By Machine Type
- 12.3 Latin America Tunnel Boring Machine Market Size and Forecast, By Geology Type
- 12.4 Latin America Tunnel Boring Machine Market Size and Forecast, By End User
- 12.5 Latin America Tunnel Boring Machine Market Size and Forecast, Country
- 13 Middle East Tunnel Boring Machine Market Analysis and Forecast (2020-2027)
- 13.1 Introduction
- 13.2 Middle East Tunnel Boring Machine Market Share Analysis, By Machine Type
- 13.3 Middle East Tunnel Boring Machine Market Size and Forecast, By Geology Type
- 13.4 Middle East Tunnel Boring Machine Market Size and Forecast, By End User
- 13.5 Middle East Tunnel Boring Machine Market Size and Forecast, By Country
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 Herrenknecht AG
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2. Mitsubishi Heavy Industries, Ltd
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. Kawasaki Heavy Industries, Ltd
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 Komatsu
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Qinhuangdao Tianye Tolian Heavy Industry Co., Lt
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Hitachi Zosen Corporation
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Terratec Ltd
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 The Robbins Company Inc
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 SELI S.p.A
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
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