Global Tunnel Boring Machine Market Growth 2023-2029

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 machines 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 we did include all of them.

LPI (LP Information)' newest research report, the “Tunnel Boring Machine Industry Forecast” looks at past sales and reviews total world Tunnel Boring Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Tunnel Boring Machine sales for 2023 through 2029. With Tunnel Boring Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tunnel Boring Machine industry.

This Insight Report provides a comprehensive analysis of the global Tunnel Boring Machine 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 Tunnel Boring Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tunnel Boring Machine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tunnel Boring Machine 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 Tunnel Boring Machine.

The global Tunnel Boring Machine market size is projected to grow from US$ 4813 million in 2022 to US$ 4218.1 million in 2029; it is expected to grow at a CAGR of 4218.1 from 2023 to 2029.

The major players in global Tunnel Boring Machine market include Herrenknecht, CRGIC, CRCHI, etc. The top 3 players occupy about 40% shares of the global market. China and Europe are main markets, they occupy about 80% of the global market. Soft Ground TBMs is the main type, with a share about 70%. City Rail System is the main application, which holds a share about 55%.

This report presents a comprehensive overview, market shares, and growth opportunities of Tunnel Boring Machine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Soft Ground TBMs
    Hard Rock TBMs

Segmentation by application
    Railway and Highway
    Municipal Engineering
    City ​​Rail System
    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 analyzing the company's coverage, product portfolio, its market penetration.
    Herrenknecht
    CRGIC
    CRCHI
    Tianhe Mechanical Equipment
    Liaoning Censcience Industry Co., Ltd
    Komatsu
    NHI Group
    Kawasaki
    Terratec
    Hitachi Zosen
    Shanghai Tunnel Engineering Co., Ltd
    Xugong Kaigong
    JIMT

Key Questions Addressed in this Report
What is the 10-year outlook for the global Tunnel Boring Machine market?
What factors are driving Tunnel Boring Machine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tunnel Boring Machine market opportunities vary by end market size?
How does Tunnel Boring Machine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Tunnel Boring Machine Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Tunnel Boring Machine Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Soft Ground TBMs
    Table 4. Major Players of Hard Rock TBMs
    Table 5. Global Tunnel Boring Machine Sales by Type (2018-2023) & (K Units)
    Table 6. Global Tunnel Boring Machine Sales Market Share by Type (2018-2023)
    Table 7. Global Tunnel Boring Machine Revenue by Type (2018-2023) & ($ million)
    Table 8. Global Tunnel Boring Machine Revenue Market Share by Type (2018-2023)
    Table 9. Global Tunnel Boring Machine Sale Price by Type (2018-2023) & (USD/Unit)
    Table 10. Global Tunnel Boring Machine Sales by Application (2018-2023) & (K Units)
    Table 11. Global Tunnel Boring Machine Sales Market Share by Application (2018-2023)
    Table 12. Global Tunnel Boring Machine Revenue by Application (2018-2023)
    Table 13. Global Tunnel Boring Machine Revenue Market Share by Application (2018-2023)
    Table 14. Global Tunnel Boring Machine Sale Price by Application (2018-2023) & (USD/Unit)
    Table 15. Global Tunnel Boring Machine Sales by Company (2018-2023) & (K Units)
    Table 16. Global Tunnel Boring Machine Sales Market Share by Company (2018-2023)
    Table 17. Global Tunnel Boring Machine Revenue by Company (2018-2023) ($ Millions)
    Table 18. Global Tunnel Boring Machine Revenue Market Share by Company (2018-2023)
    Table 19. Global Tunnel Boring Machine Sale Price by Company (2018-2023) & (USD/Unit)
    Table 20. Key Manufacturers Tunnel Boring Machine Producing Area Distribution and Sales Area
    Table 21. Players Tunnel Boring Machine Products Offered
    Table 22. Tunnel Boring Machine Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 23. New Products and Potential Entrants
    Table 24. Mergers & Acquisitions, Expansion
    Table 25. Global Tunnel Boring Machine Sales by Geographic Region (2018-2023) & (K Units)
    Table 26. Global Tunnel Boring Machine Sales Market Share Geographic Region (2018-2023)
    Table 27. Global Tunnel Boring Machine Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 28. Global Tunnel Boring Machine Revenue Market Share by Geographic Region (2018-2023)
    Table 29. Global Tunnel Boring Machine Sales by Country/Region (2018-2023) & (K Units)
    Table 30. Global Tunnel Boring Machine Sales Market Share by Country/Region (2018-2023)
    Table 31. Global Tunnel Boring Machine Revenue by Country/Region (2018-2023) & ($ millions)
    Table 32. Global Tunnel Boring Machine Revenue Market Share by Country/Region (2018-2023)
    Table 33. Americas Tunnel Boring Machine Sales by Country (2018-2023) & (K Units)
    Table 34. Americas Tunnel Boring Machine Sales Market Share by Country (2018-2023)
    Table 35. Americas Tunnel Boring Machine Revenue by Country (2018-2023) & ($ Millions)
    Table 36. Americas Tunnel Boring Machine Revenue Market Share by Country (2018-2023)
    Table 37. Americas Tunnel Boring Machine Sales by Type (2018-2023) & (K Units)
    Table 38. Americas Tunnel Boring Machine Sales by Application (2018-2023) & (K Units)
    Table 39. APAC Tunnel Boring Machine Sales by Region (2018-2023) & (K Units)
    Table 40. APAC Tunnel Boring Machine Sales Market Share by Region (2018-2023)
    Table 41. APAC Tunnel Boring Machine Revenue by Region (2018-2023) & ($ Millions)
    Table 42. APAC Tunnel Boring Machine Revenue Market Share by Region (2018-2023)
    Table 43. APAC Tunnel Boring Machine Sales by Type (2018-2023) & (K Units)
    Table 44. APAC Tunnel Boring Machine Sales by Application (2018-2023) & (K Units)
    Table 45. Europe Tunnel Boring Machine Sales by Country (2018-2023) & (K Units)
    Table 46. Europe Tunnel Boring Machine Sales Market Share by Country (2018-2023)
    Table 47. Europe Tunnel Boring Machine Revenue by Country (2018-2023) & ($ Millions)
    Table 48. Europe Tunnel Boring Machine Revenue Market Share by Country (2018-2023)
    Table 49. Europe Tunnel Boring Machine Sales by Type (2018-2023) & (K Units)
    Table 50. Europe Tunnel Boring Machine Sales by Application (2018-2023) & (K Units)
    Table 51. Middle East & Africa Tunnel Boring Machine Sales by Country (2018-2023) & (K Units)
    Table 52. Middle East & Africa Tunnel Boring Machine Sales Market Share by Country (2018-2023)
    Table 53. Middle East & Africa Tunnel Boring Machine Revenue by Country (2018-2023) & ($ Millions)
    Table 54. Middle East & Africa Tunnel Boring Machine Revenue Market Share by Country (2018-2023)
    Table 55. Middle East & Africa Tunnel Boring Machine Sales by Type (2018-2023) & (K Units)
    Table 56. Middle East & Africa Tunnel Boring Machine Sales by Application (2018-2023) & (K Units)
    Table 57. Key Market Drivers & Growth Opportunities of Tunnel Boring Machine
    Table 58. Key Market Challenges & Risks of Tunnel Boring Machine
    Table 59. Key Industry Trends of Tunnel Boring Machine
    Table 60. Tunnel Boring Machine Raw Material
    Table 61. Key Suppliers of Raw Materials
    Table 62. Tunnel Boring Machine Distributors List
    Table 63. Tunnel Boring Machine Customer List
    Table 64. Global Tunnel Boring Machine Sales Forecast by Region (2024-2029) & (K Units)
    Table 65. Global Tunnel Boring Machine Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 66. Americas Tunnel Boring Machine Sales Forecast by Country (2024-2029) & (K Units)
    Table 67. Americas Tunnel Boring Machine Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 68. APAC Tunnel Boring Machine Sales Forecast by Region (2024-2029) & (K Units)
    Table 69. APAC Tunnel Boring Machine Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 70. Europe Tunnel Boring Machine Sales Forecast by Country (2024-2029) & (K Units)
    Table 71. Europe Tunnel Boring Machine Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 72. Middle East & Africa Tunnel Boring Machine Sales Forecast by Country (2024-2029) & (K Units)
    Table 73. Middle East & Africa Tunnel Boring Machine Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 74. Global Tunnel Boring Machine Sales Forecast by Type (2024-2029) & (K Units)
    Table 75. Global Tunnel Boring Machine Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 76. Global Tunnel Boring Machine Sales Forecast by Application (2024-2029) & (K Units)
    Table 77. Global Tunnel Boring Machine Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 78. Herrenknecht Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 79. Herrenknecht Tunnel Boring Machine Product Portfolios and Specifications
    Table 80. Herrenknecht Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 81. Herrenknecht Main Business
    Table 82. Herrenknecht Latest Developments
    Table 83. CRGIC Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 84. CRGIC Tunnel Boring Machine Product Portfolios and Specifications
    Table 85. CRGIC Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 86. CRGIC Main Business
    Table 87. CRGIC Latest Developments
    Table 88. CRCHI Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 89. CRCHI Tunnel Boring Machine Product Portfolios and Specifications
    Table 90. CRCHI Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 91. CRCHI Main Business
    Table 92. CRCHI Latest Developments
    Table 93. Tianhe Mechanical Equipment Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 94. Tianhe Mechanical Equipment Tunnel Boring Machine Product Portfolios and Specifications
    Table 95. Tianhe Mechanical Equipment Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 96. Tianhe Mechanical Equipment Main Business
    Table 97. Tianhe Mechanical Equipment Latest Developments
    Table 98. Liaoning Censcience Industry Co., Ltd Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 99. Liaoning Censcience Industry Co., Ltd Tunnel Boring Machine Product Portfolios and Specifications
    Table 100. Liaoning Censcience Industry Co., Ltd Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 101. Liaoning Censcience Industry Co., Ltd Main Business
    Table 102. Liaoning Censcience Industry Co., Ltd Latest Developments
    Table 103. Komatsu Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 104. Komatsu Tunnel Boring Machine Product Portfolios and Specifications
    Table 105. Komatsu Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 106. Komatsu Main Business
    Table 107. Komatsu Latest Developments
    Table 108. NHI Group Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 109. NHI Group Tunnel Boring Machine Product Portfolios and Specifications
    Table 110. NHI Group Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 111. NHI Group Main Business
    Table 112. NHI Group Latest Developments
    Table 113. Kawasaki Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 114. Kawasaki Tunnel Boring Machine Product Portfolios and Specifications
    Table 115. Kawasaki Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 116. Kawasaki Main Business
    Table 117. Kawasaki Latest Developments
    Table 118. Terratec Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 119. Terratec Tunnel Boring Machine Product Portfolios and Specifications
    Table 120. Terratec Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 121. Terratec Main Business
    Table 122. Terratec Latest Developments
    Table 123. Hitachi Zosen Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 124. Hitachi Zosen Tunnel Boring Machine Product Portfolios and Specifications
    Table 125. Hitachi Zosen Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 126. Hitachi Zosen Main Business
    Table 127. Hitachi Zosen Latest Developments
    Table 128. Shanghai Tunnel Engineering Co., Ltd Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 129. Shanghai Tunnel Engineering Co., Ltd Tunnel Boring Machine Product Portfolios and Specifications
    Table 130. Shanghai Tunnel Engineering Co., Ltd Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 131. Shanghai Tunnel Engineering Co., Ltd Main Business
    Table 132. Shanghai Tunnel Engineering Co., Ltd Latest Developments
    Table 133. Xugong Kaigong Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 134. Xugong Kaigong Tunnel Boring Machine Product Portfolios and Specifications
    Table 135. Xugong Kaigong Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 136. Xugong Kaigong Main Business
    Table 137. Xugong Kaigong Latest Developments
    Table 138. JIMT Basic Information, Tunnel Boring Machine Manufacturing Base, Sales Area and Its Competitors
    Table 139. JIMT Tunnel Boring Machine Product Portfolios and Specifications
    Table 140. JIMT Tunnel Boring Machine Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 141. JIMT Main Business
    Table 142. JIMT Latest Developments
List of Figures
    Figure 1. Picture of Tunnel Boring Machine
    Figure 2. Tunnel Boring Machine Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Tunnel Boring Machine Sales Growth Rate 2018-2029 (K Units)
    Figure 7. Global Tunnel Boring Machine Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Tunnel Boring Machine Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Soft Ground TBMs
    Figure 10. Product Picture of Hard Rock TBMs
    Figure 11. Global Tunnel Boring Machine Sales Market Share by Type in 2022
    Figure 12. Global Tunnel Boring Machine Revenue Market Share by Type (2018-2023)
    Figure 13. Tunnel Boring Machine Consumed in Railway and Highway
    Figure 14. Global Tunnel Boring Machine Market: Railway and Highway (2018-2023) & (K Units)
    Figure 15. Tunnel Boring Machine Consumed in Municipal Engineering
    Figure 16. Global Tunnel Boring Machine Market: Municipal Engineering (2018-2023) & (K Units)
    Figure 17. Tunnel Boring Machine Consumed in City ​​Rail System
    Figure 18. Global Tunnel Boring Machine Market: City ​​Rail System (2018-2023) & (K Units)
    Figure 19. Tunnel Boring Machine Consumed in Others
    Figure 20. Global Tunnel Boring Machine Market: Others (2018-2023) & (K Units)
    Figure 21. Global Tunnel Boring Machine Sales Market Share by Application (2022)
    Figure 22. Global Tunnel Boring Machine Revenue Market Share by Application in 2022
    Figure 23. Tunnel Boring Machine Sales Market by Company in 2022 (K Units)
    Figure 24. Global Tunnel Boring Machine Sales Market Share by Company in 2022
    Figure 25. Tunnel Boring Machine Revenue Market by Company in 2022 ($ Million)
    Figure 26. Global Tunnel Boring Machine Revenue Market Share by Company in 2022
    Figure 27. Global Tunnel Boring Machine Sales Market Share by Geographic Region (2018-2023)
    Figure 28. Global Tunnel Boring Machine Revenue Market Share by Geographic Region in 2022
    Figure 29. Americas Tunnel Boring Machine Sales 2018-2023 (K Units)
    Figure 30. Americas Tunnel Boring Machine Revenue 2018-2023 ($ Millions)
    Figure 31. APAC Tunnel Boring Machine Sales 2018-2023 (K Units)
    Figure 32. APAC Tunnel Boring Machine Revenue 2018-2023 ($ Millions)
    Figure 33. Europe Tunnel Boring Machine Sales 2018-2023 (K Units)
    Figure 34. Europe Tunnel Boring Machine Revenue 2018-2023 ($ Millions)
    Figure 35. Middle East & Africa Tunnel Boring Machine Sales 2018-2023 (K Units)
    Figure 36. Middle East & Africa Tunnel Boring Machine Revenue 2018-2023 ($ Millions)
    Figure 37. Americas Tunnel Boring Machine Sales Market Share by Country in 2022
    Figure 38. Americas Tunnel Boring Machine Revenue Market Share by Country in 2022
    Figure 39. Americas Tunnel Boring Machine Sales Market Share by Type (2018-2023)
    Figure 40. Americas Tunnel Boring Machine Sales Market Share by Application (2018-2023)
    Figure 41. United States Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 42. Canada Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 43. Mexico Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 44. Brazil Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 45. APAC Tunnel Boring Machine Sales Market Share by Region in 2022
    Figure 46. APAC Tunnel Boring Machine Revenue Market Share by Regions in 2022
    Figure 47. APAC Tunnel Boring Machine Sales Market Share by Type (2018-2023)
    Figure 48. APAC Tunnel Boring Machine Sales Market Share by Application (2018-2023)
    Figure 49. China Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 50. Japan Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 51. South Korea Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 52. Southeast Asia Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 53. India Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 54. Australia Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 55. China Taiwan Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 56. Europe Tunnel Boring Machine Sales Market Share by Country in 2022
    Figure 57. Europe Tunnel Boring Machine Revenue Market Share by Country in 2022
    Figure 58. Europe Tunnel Boring Machine Sales Market Share by Type (2018-2023)
    Figure 59. Europe Tunnel Boring Machine Sales Market Share by Application (2018-2023)
    Figure 60. Germany Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 61. France Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 62. UK Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 63. Italy Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 64. Russia Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 65. Middle East & Africa Tunnel Boring Machine Sales Market Share by Country in 2022
    Figure 66. Middle East & Africa Tunnel Boring Machine Revenue Market Share by Country in 2022
    Figure 67. Middle East & Africa Tunnel Boring Machine Sales Market Share by Type (2018-2023)
    Figure 68. Middle East & Africa Tunnel Boring Machine Sales Market Share by Application (2018-2023)
    Figure 69. Egypt Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 70. South Africa Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 71. Israel Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 72. Turkey Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 73. GCC Country Tunnel Boring Machine Revenue Growth 2018-2023 ($ Millions)
    Figure 74. Manufacturing Cost Structure Analysis of Tunnel Boring Machine in 2022
    Figure 75. Manufacturing Process Analysis of Tunnel Boring Machine
    Figure 76. Industry Chain Structure of Tunnel Boring Machine
    Figure 77. Channels of Distribution
    Figure 78. Global Tunnel Boring Machine Sales Market Forecast by Region (2024-2029)
    Figure 79. Global Tunnel Boring Machine Revenue Market Share Forecast by Region (2024-2029)
    Figure 80. Global Tunnel Boring Machine Sales Market Share Forecast by Type (2024-2029)
    Figure 81. Global Tunnel Boring Machine Revenue Market Share Forecast by Type (2024-2029)
    Figure 82. Global Tunnel Boring Machine Sales Market Share Forecast by Application (2024-2029)
    Figure 83. Global Tunnel Boring Machine Revenue Market Share Forecast by Application (2024-2029)

Herrenknecht
CRGIC
CRCHI
Tianhe Mechanical Equipment
Liaoning Censcience Industry Co., Ltd
Komatsu
NHI Group
Kawasaki
Terratec
Hitachi Zosen
Shanghai Tunnel Engineering Co., Ltd
Xugong Kaigong
JIMT

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape