Tunnel Boring Machine Market Share, Trends, and Analysis by 2031
Tunnel Boring Machine Market: Strategic Insights
Tunnel Boring Machine Market
-
CAGR (2023 - 2031)5.6% -
Market Size 2023
US$ 6.3 Billion -
Market Size 2031
US$ 9.7 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing Road Infrastructure Projects
FUTURE TRENDS
- Rapid Investment in Infrastructure Development
OPPORTUNITIES
- Growing Rail Infrastructure Development Across APAC Countries
Key Players
- China Railway Construction Heavy Industries Ltd
- Kawasaki Heavy Industries Ltd
- CREG TBM Germany GmbH
- Terratec Ltd
- Herrenknecht AG
- Hitachi Zosen Corporation
- IHI Corporation
- Komatsu Limited
- The Robbins Company
- and Japan Tunnel Systems Corporation
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Slurry Tunnel Boring Machine
- Earth Pressure Balance Shield TBM
- Open Gripper TBM
- Shielded TBM
- Multi-Mode TBM
Geology
- Soft Ground
- Hard Rock Ground
- Variable Ground
- Heterogeneous Ground
End-User
- Transportation
- Metals and Mining
- Oil & Gas