The tunnel Boring machine market size is expected to reach $ 7,552.1 million in 2028, growing at a CAGR of 6% from 2022 to 2028. Tunnel boring machine is a huge special purpose machine used in tunnel construction, especially for road, railway and pipeline. This machine helps in boring round holes through any rock with a circular cross section and long. A tunnel boring machine is a complex assembly of several systems that work together with each other. The diameter of tunnel boring machine is from 1 meter to 20 meters. The machine can cleanly cut the rock, along with sometimes creating a concrete shield around a boring tunnel.
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Company Profile
- China Railway Engineering Equipment Group Co.
- Dalian Huarui Heavy Industry Group Co., Ltd.
- Herrenknecht AG
- Hitachi Zosen Corporation
- IHI Corporation
- Kawasaki Heavy Industries Ltd
- Komatsu Ltd.
Market Segmentation
By Type
- Slurry TBM
- Earth Pressure Balance Shield TBM
- Shielded TBM
- Multi-Mode TBM
By Geology Type
- Soft Ground
- Hard Rock Ground
- Heterogenous Ground
- Variable Ground
By End-users
- Road Transport
- Railway Transport
- Metro & Transit
- Utilities
- Mining
Scope of the Report
The research study analyzes the Tunnel Boring Machine Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Tunnel Boring Machine Market Report
- What was the Tunnel Boring Machine Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Tunnel Boring Machine Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Tunnel Boring Machine Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Tunnel Boring Machine market.
- The market share of the Tunnel Boring Machine market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Tunnel Boring Machine market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Tunnel Boring Machine market.
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