Tunnel Boring Machine Market PPT: Overview, Dynamics, Trends, Segmentation, Application and Forecast to 2028

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Global Tunnel Boring Machine Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Tunnel Boring Machine Market Research
Report The latest report by IMARC, titled
Tunnel Boring Machine Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028 " finds that the global
tunnel boring machine market size reached US 5.5
Billion in 2022. A tunnel boring machine (TBM)
is used to excavate tunnels through various soil
and rock strata. It reduces the disturbance and
produces a smooth tunnel wall as compared to the
drilling and blasting (DB) and conventional hand
mining method. It also minimizes the cost of
lining and makes the tunnel suitable for use in
urbanized areas. It also offers several
advantages, such as less rock damage, continuous
operation, fewer support requirements, and
enhanced efficiency and worker safety. Owing to
these benefits, TBM finds extensive applications
across the mining and construction
industries. Request Free Sample Report
https//www.imarcgroup.com/tunnel-boring-machine-m
arket/requestsample
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Report Description and Highlights
Report Description

Global Tunnel Boring Machine Market Trends The
market is primarily driven by the rising product
adoption in the mining industry. In addition, the
increasing government expenditure on
infrastructural development, like the
construction of highways and buildings,
represents another major growth-inducing factor.
Besides this, the market is also propelled by the
growing tunnel safety regulations and the
developing underground infrastructure across the
globe. Additionally, the rising awareness about
the advantages of TBMs, such as high gravity,
viscosity, and stability under high pressure, is
accelerating the product adoption rate.
Moreover, key players are focusing on various
micro tunnel activities to construct several
kilometers of underground infrastructure and
increase their overall sales and profitability,
which is anticipated to augment the market growth
in the coming years. Looking forward, IMARC Group
expects the market value to reach US 7.1 Billion
by 2028, exhibiting a CAGR of 3.9 during the
forecast period (2023-2028). Looking forward,
the market value is projected to reach a strong
growth during the forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Machine Type
Slurry TBM Earth Pressure Balance Shi
eld TBM Shielded TBM Multi-Mod
e TBM Others Breakup by Product Type
Soft Ground TBM Hard Ground TBM
Breakup by Application Traffic
Tunneling Utility Tunneling Breakup by
End User Road Transport

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Report Description and Highlights
Report Description
Railway Transport Metro and Tr
ansit Utilities Mining
Oil and Gas Others Breakup by Region
North America United
States Canada Asia-Pa
cific China Ja
pan India Sout
h Korea Australia
Indonesia Others E
urope

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Report Description and Highlights
Report Description
Germany France
United Kingdom
Italy Spain
Russia Others Latin Am
erica Brazil M
exico Others Middle Ea
st and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Akkerman Inc
• China Railway Construction Heavy Industry
  Corporation Limited China Railway Engineering Equ
  ipment Group Co. Ltd. (China Railway Hi-Tech
  Industry Corporation Limited) Dalian Huarui Heavy
  Industry Group Co. Ltd. Herrenknecht AG Hitachi Zo
  sen Corporation IHI Corporation Kawasaki Heavy Ind
  ustries Ltd. Komatsu Ltd. Northern Heavy Industrie
  s Group Co. Ltd. Sika AG
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/tunnel-boring-machine-m
  arket

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
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Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
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analysis and opinion have been based on
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and reliable at the time of publishing.
International Market Analysis Research and
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