< Key Hightlight >

The global Tunnel Boring Machine (TBM) market was valued at 478.74 Million USD in 2020 and will grow with a CAGR of 1% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A 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 machine is used for soil are called shield tunneling machines and machines used for hard rock are called tunnel boring machine. But in Europe and USA, they are called the same name tunnel boring machine. The research includes all of them.In recent years, international manufacturers of Tunnel Boring Machine (TBM) have cooperation with Chinese enterprises and China has become the world`s largest TBM manufacturer which occupied more than 64% of production in total in 2017. At present, in the foreign industrial developed countries the Tunnel Boring Machine (TBM) industry is generally at a more advanced level. In Japan, Europe and the United States manufacturer of TBM still has a considerable size. The consumption volume of TBM in Europe was about 77 Units, which was follow by US, with a volume of 48 Units. Tunnel Boring Machine (TBM) can be used in the process of Subway, tunnel, Water conservancy project, mine, etc. With the development of industry and technology, the potential market for Tunnel Boring Machine (TBM) is still huge.
By Market Verdors:
Herrenknecht
CRTG
CRCHI
Tianhe
LNSS
Komatsu
Mitsubishi
NHI
Kawasaki
IHI
Terratec
SELI
Tianye Tolian
Hitachi Zosen
Xugong Kaigong
STEC
JIMT

By Types:
Soft Ground TBMs
Hard Rock TBMs

By Applications:
City Rail System
Railway and Highway
Municipal Engineering

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.