Tunnel Boring Machine Market Expected to Reach 4370 Million US$ by 2025- QY Research, Inc.

“Global Tunnel Boring Machine Market Research Report 2018”
The global Tunnel Boring Machine (TBM) market is valued at 4740 million US$ in 2017 and will reach 4370 million US$ by the end of 2025, growing at a CAGR of -1.0% during 2018-2025.

LOS ANGELES, United States, PUNE, India, BEIJING, China, LONDON, United Kingdom: QY Research has lately published a new report on “Global Tunnel Boring Machine (TBM): Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 8-years, i.e. between 2017 and 2025.

This report studies the Global Tunnel Boring Machine (TBM) Market status and forecast, categorizes the global Tunnel Boring Machine (TBM) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

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.

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The major manufacturers covered in this report

    Herrenknecht

    CRTG

    CRCHI

    Tianhe

    LNSS

    Komatsu

    Mitsubishi

    NHI

    Kawasaki

    IHI

    Terratec

    SELI

    Tianye Tolian

    Hitachi Zosen

    Xugong Kaigong

    STEC

    JIMT

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

    North America

    Europe

    China

    Japan

    Southeast Asia

    India

On the basis of product, this report displays the production, revenue, price, Market share and growth rate of each type, primarily split into

    Soft Ground TBMs

    Hard Rock TBMs

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

    City Rail System

    Railway and Highway

    Municipal Engineering

    Others

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