Tunnel Boring Machine Market was valued at US$ 6.54 Bn in 2022 and is expected to grow at US$ 10.55 Bn in 2029. Tunnel Boring Machine Market size is expected to grow at a CAGR of 7.06 % through the forecast period.Tunnel Boring Machine Market Overview:
A tunnel boring machine (TBM) which is a machine that excavates circular-shaped tunnels through various soil and rock strata. They can pierce hard rock, sand, and practically any other material. The tunnel diameter ranges from a meter (done with micro-TBMs) to nearly 16 meters. designed to bore through anything from hard rock to sand. Tunnels of less than a meter or so in diameter are typically done using trenchless construction methods or horizontal directional drilling rather than TBMs. Drilling and blasting operations in rock and traditional hand mining in soil are both replaced by Tunnel Boring machines. They can be designed to bore through anything from hard rock to sand.To know about the Research Methodology :- Request Free Sample Report Tunnel boring machines are used as an alternative to drilling and blasting (D&B) methods in rock and conventional hand mining in soil. TBMs can also be designed to excavate non-circular tunnels, including u-shaped or horseshoe and square or rectangular tunnels. The tunnel boring machine must be protected from the material falling around it as it grinds its way along. Support systems to protect the TBM from fault zones include pipes, grout injection, rock bolts, and freezing used over or in front of the cutterhead. The report explores the Tunnel Boring Machine Market segments (Product Type, Machine Type, End User and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). The MMR market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2021. The report investigates the Tunnel Boring Machine Market drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Tunnel Boring Machine Market contemporary competitive scenario. 2022 is considered as a base year to forecast the market from 2023 to 2029. 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2029. 2022 is a year of exception and analysis especially with the impact of lockdown by region. COVID-19 Impact on Tunnel Boring Machine Market: The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the Tunnel Boring Machine market. The covid-19 pandemic affected the Tunnel Boring Machine Market. The shortage of workers, site accessibility, dearth of construction materials, and inappropriate prevention measures at construction site materials are the factors which restrain the market. The pandemic led mobility restrictions, panic, and operational halts which are the most known challenges encountered by tunnelling projects across the world leading to reduction of the growth of Tunnel Boring Machine Market. However, the risk response strategies implied by the market players for design, budget, supply chain, and project management are allowing market players helps for the growth of the market during the pandemic. In addition, easing pandemic restrictions increasing focus on micro-tunnelling, government regulations regarding construction of networked rail and road infrastructure have propelled the Tunnel Boring Machine Market.
Tunnel Boring Machine Market Dynamics:
The factors such as a rise in the global construction sector, an increase in highway constructions, the mining sector, and micro tunnel works leads to the growth of the Tunnel Boring Machine Market during the forecast period. During the blast, the tunnel boring with the drilling and blasting technique can disturb the surrounding ground surface by damaging the soil base. The importance of TBM increases when the debris generated during the blasting adds more cost and time to the project to remove it. For reducing the cost and shortening the time required to complete the project, TBM is efficient to perform mining work with precision and produce smooth tunnels. The tunnel boring machine are difficult to build. The high cost which is associated with the instruments and for the maintenance will hamper the growth of Tunnel Boring Machine Market. The growing urbanization and rise in government mining project in developing nations is expected to provide ample growth opportunities to the market growth during the forecast period. The risks such as excavation and lining, transportation of material, scaling and mucking, ventilation, cutter head intervention of tunnel boring machine (TBM) in compressed as well as in open mode, handling of tunnel machinery, working in narrow space, overloading of the crane, temporary segment dismantling are involved during the construction of the tunnel boring machine.Tunnel Boring Machine Market Segment Analysis:
Based on machine type, the segment shield is expected to grow with the highest market share during the forecast period. The construction of subways, railways, and roads are used by the shield segment. The cost of coating the tunnel get reduces and makes them proper to use in a heavily industrial area by the tunnel boring machine. The shield tunneling method allows for continuous boring production while maintaining safe work conditions. In addition to supporting the surrounding soil, the shield also houses several mechanisms, including soil removal systems, slurry pipelines, control rooms, and rails for transporting the lining segments. These all factors lead to the growth of the market. Based on product type, the hard rock ground TBM segment is dominated with the highest share by xx% during the forecast period, owing to its applications in design and used to construct a high-scale tunnel projects for road and railway infrastructure. The large number of rail transport and metropolitan rail transport activities are the major factors which leads to the growth of this market. The hard rock TBM segment is further divided into open TBM, gripper TBM, double shield TBM, and single shield TBM. On the basis of how hard the rock is, the selection of either of these rocks are done. The soft rock TBM segment is divided into two parts i.e., earth pressure balance TBM and slurry head TBM. Slurry head TBM is more suitable when the water content in the rock is considerably high (soil rock). The dual mode or custom TBM are specially designed for a specific terrain and rock type.Tunnel Boring Machine Market Regional Insights:
The Asia-Pacific region is expected to witness significant growth at a CAGR of xx% through the forecast period. because of increased public spending on infrastructure and the fast development of road and rail networks in the region it has become the significant marketplace for tunnel boring machines. Countries like China and Japan have the largest number of road tunnels in the field. China has the domain largest manufactures of tunnel boring machines. In countries such as India and South Korea, the growing expenditure on railway and road structure network leads to the growth of the market. As compared to global manufactures, China manufacturers are expanding their market from domestic/local market to international market. The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the market dynamic, structure by analyzing the market segments and projecting the mMarket size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the market make the report investor’s guide.Tunnel Boring Machine Market Scope: Inquire before buying
Tunnel Boring Machine Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US$ 6.54 Bn. Forecast Period 2023 to 2029 CAGR: 7.06% Market Size in 2029: US$ 10.55 Bn. Segments Covered: by Machine Type Slurry TBM Earth Pressure Balance Shield TBM Shielded Multi-Mode Others by Product Type Soft Ground TBM Hard Rock Ground TBM Heterogenous Ground TBM Variable Ground TBM by End Users Road Transport Railway & Highway Municipal Engineering Railway Transport Metro & Transit Utilities Mining Oil & Gas Others Tunnel Boring Machine Market by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Tunnel Boring Machine Market Key Players
1. Herrenknecht AG 2. Hitachi Zosen Corporation 3. Jim Technology Corporation 4. Mitsubishi Heavy Industries Ltd. 5. Kawasaki Heavy Industries Ltd. 6. Komatsu 7. Terratec Ltd. 8. Northern Heavy Industries Group Co.Ltd. 9. SELI 10. Xugong Kaigong 11. STEC 12. Shanghai Tunnel Engineering Co.Ltd. 13. Tianye Tolian 14. China Railway Construction Heavy Industry Co. Ltd 15. Tolian Corporation, 16. Certified Red Team Expert (CRTE) 17. Ishikawajima-Harima Heavy Industries Co, Ltd 18. The Robbins Company, Inc 19. Bosh Rexroth AG 20. TBM Germany GmbH Frequently Asked Questions: 1] What segments are covered in the Tunnel Boring Machine Market report? Ans. The segments covered in the Tunnel Boring Machine Market report are based on Machine Type, Product Type and End User. 2] Which region is expected to hold the highest share in the Tunnel Boring Machine Market? Ans. Asia-Pacific region is expected to hold the highest share in the Tunnel Boring Machine Market. 3] What is the market size of the Tunnel Boring Machine Market by 2029? Ans. The market size of the Tunnel Boring Machine Market by 2029 is expected to reach US$ 10.55 Bn. 4] What is the forecast period for the Tunnel Boring Machine Market? Ans. The forecast period for the Tunnel Boring Machine Market is 2023-2029. 5] What was the market size of the Tunnel Boring Machine Market in 2022? Ans. The market size of the Tunnel Boring Machine Market in 2022 was valued at US$ 6.54 Bn.
1. Tunnel Boring Machine Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Tunnel Boring Machine Market: Dynamics 2.1. Tunnel Boring Machine Market Trends by Region 2.1.1. North America Tunnel Boring Machine Market Trends 2.1.2. Europe Tunnel Boring Machine Market Trends 2.1.3. Asia Pacific Tunnel Boring Machine Market Trends 2.1.4. Middle East and Africa Tunnel Boring Machine Market Trends 2.1.5. South America Tunnel Boring Machine Market Trends 2.2. Tunnel Boring Machine Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Tunnel Boring Machine Market Drivers 2.2.1.2. North America Tunnel Boring Machine Market Restraints 2.2.1.3. North America Tunnel Boring Machine Market Opportunities 2.2.1.4. North America Tunnel Boring Machine Market Challenges 2.2.2. Europe 2.2.2.1. Europe Tunnel Boring Machine Market Drivers 2.2.2.2. Europe Tunnel Boring Machine Market Restraints 2.2.2.3. Europe Tunnel Boring Machine Market Opportunities 2.2.2.4. Europe Tunnel Boring Machine Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Tunnel Boring Machine Market Drivers 2.2.3.2. Asia Pacific Tunnel Boring Machine Market Restraints 2.2.3.3. Asia Pacific Tunnel Boring Machine Market Opportunities 2.2.3.4. Asia Pacific Tunnel Boring Machine Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Tunnel Boring Machine Market Drivers 2.2.4.2. Middle East and Africa Tunnel Boring Machine Market Restraints 2.2.4.3. Middle East and Africa Tunnel Boring Machine Market Opportunities 2.2.4.4. Middle East and Africa Tunnel Boring Machine Market Challenges 2.2.5. South America 2.2.5.1. South America Tunnel Boring Machine Market Drivers 2.2.5.2. South America Tunnel Boring Machine Market Restraints 2.2.5.3. South America Tunnel Boring Machine Market Opportunities 2.2.5.4. South America Tunnel Boring Machine Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Tunnel Boring Machine Industry 2.8. Analysis of Government Schemes and Initiatives For Tunnel Boring Machine Industry 2.9. Tunnel Boring Machine Market Trade Analysis 2.10. The Global Pandemic Impact on Tunnel Boring Machine Market 3. Tunnel Boring Machine Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 3.1.1. Slurry TBM 3.1.2. Earth Pressure Balance Shield TBM 3.1.3. Shielded 3.1.4. Multi-Mode 3.1.5. Others 3.2. Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 3.2.1. Soft Ground TBM 3.2.2. Hard Rock Ground TBM 3.2.3. Heterogenous Ground TBM 3.2.4. Variable Ground TBM 3.3. Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 3.3.1. Road Transport 3.3.2. Railway & Highway 3.3.3. Municipal Engineering 3.3.4. Railway Transport 3.3.5. Metro & Transit 3.3.6. Utilities 3.3.7. Mining 3.3.8. Oil & Gas 3.3.9. Others 3.4. Tunnel Boring Machine Market Size and Forecast, by Region (2022-2029) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Tunnel Boring Machine Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 4.1.1. Slurry TBM 4.1.2. Earth Pressure Balance Shield TBM 4.1.3. Shielded 4.1.4. Multi-Mode 4.1.5. Others 4.2. North America Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 4.2.1. Soft Ground TBM 4.2.2. Hard Rock Ground TBM 4.2.3. Heterogenous Ground TBM 4.2.4. Variable Ground TBM 4.3. North America Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 4.3.1. Road Transport 4.3.2. Railway & Highway 4.3.3. Municipal Engineering 4.3.4. Railway Transport 4.3.5. Metro & Transit 4.3.6. Utilities 4.3.7. Mining 4.3.8. Oil & Gas 4.3.9. Others 4.4. North America Tunnel Boring Machine Market Size and Forecast, by Country (2022-2029) 4.4.1. United States 4.4.1.1. United States Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 4.4.1.1.1. Slurry TBM 4.4.1.1.2. Earth Pressure Balance Shield TBM 4.4.1.1.3. Shielded 4.4.1.1.4. Multi-Mode 4.4.1.1.5. Others 4.4.1.2. United States Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 4.4.1.2.1. Soft Ground TBM 4.4.1.2.2. Hard Rock Ground TBM 4.4.1.2.3. Heterogenous Ground TBM 4.4.1.2.4. Variable Ground TBM 4.4.1.3. United States Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 4.4.1.3.1. Road Transport 4.4.1.3.2. Railway & Highway 4.4.1.3.3. Municipal Engineering 4.4.1.3.4. Railway Transport 4.4.1.3.5. Metro & Transit 4.4.1.3.6. Utilities 4.4.1.3.7. Mining 4.4.1.3.8. Oil & Gas 4.4.1.3.9. Others 4.4.2. Canada 4.4.2.1. Canada Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 4.4.2.1.1. Slurry TBM 4.4.2.1.2. Earth Pressure Balance Shield TBM 4.4.2.1.3. Shielded 4.4.2.1.4. Multi-Mode 4.4.2.1.5. Others 4.4.2.2. Canada Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 4.4.2.2.1. Soft Ground TBM 4.4.2.2.2. Hard Rock Ground TBM 4.4.2.2.3. Heterogenous Ground TBM 4.4.2.2.4. Variable Ground TBM 4.4.2.3. Canada Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 4.4.2.3.1. Road Transport 4.4.2.3.2. Railway & Highway 4.4.2.3.3. Municipal Engineering 4.4.2.3.4. Railway Transport 4.4.2.3.5. Metro & Transit 4.4.2.3.6. Utilities 4.4.2.3.7. Mining 4.4.2.3.8. Oil & Gas 4.4.2.3.9. Others 4.4.3. Mexico 4.4.3.1. Mexico Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 4.4.3.1.1. Slurry TBM 4.4.3.1.2. Earth Pressure Balance Shield TBM 4.4.3.1.3. Shielded 4.4.3.1.4. Multi-Mode 4.4.3.1.5. Others 4.4.3.2. Mexico Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 4.4.3.2.1. Soft Ground TBM 4.4.3.2.2. Hard Rock Ground TBM 4.4.3.2.3. Heterogenous Ground TBM 4.4.3.2.4. Variable Ground TBM 4.4.3.3. Mexico Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 4.4.3.3.1. Road Transport 4.4.3.3.2. Railway & Highway 4.4.3.3.3. Municipal Engineering 4.4.3.3.4. Railway Transport 4.4.3.3.5. Metro & Transit 4.4.3.3.6. Utilities 4.4.3.3.7. Mining 4.4.3.3.8. Oil & Gas 4.4.3.3.9. Others 5. Europe Tunnel Boring Machine Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 5.2. Europe Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 5.3. Europe Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 5.4. Europe Tunnel Boring Machine Market Size and Forecast, by Country (2022-2029) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 5.4.1.2. United Kingdom Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 5.4.1.3. United Kingdom Tunnel Boring Machine Market Size and Forecast, by End Users(2022-2029) 5.4.2. France 5.4.2.1. France Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 5.4.2.2. France Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 5.4.2.3. France Tunnel Boring Machine Market Size and Forecast, by End Users(2022-2029) 5.4.3. Germany 5.4.3.1. Germany Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 5.4.3.2. Germany Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 5.4.3.3. Germany Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 5.4.4. Italy 5.4.4.1. Italy Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 5.4.4.2. Italy Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 5.4.4.3. Italy Tunnel Boring Machine Market Size and Forecast, by End Users(2022-2029) 5.4.5. Spain 5.4.5.1. Spain Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 5.4.5.2. Spain Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 5.4.5.3. Spain Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 5.4.6. Sweden 5.4.6.1. Sweden Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 5.4.6.2. Sweden Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 5.4.6.3. Sweden Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 5.4.7. Austria 5.4.7.1. Austria Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 5.4.7.2. Austria Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 5.4.7.3. Austria Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 5.4.8.2. Rest of Europe Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 5.4.8.3. Rest of Europe Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 6. Asia Pacific Tunnel Boring Machine Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 6.2. Asia Pacific Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 6.3. Asia Pacific Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 6.4. Asia Pacific Tunnel Boring Machine Market Size and Forecast, by Country (2022-2029) 6.4.1. China 6.4.1.1. China Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 6.4.1.2. China Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 6.4.1.3. China Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 6.4.2. S Korea 6.4.2.1. S Korea Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 6.4.2.2. S Korea Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 6.4.2.3. S Korea Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 6.4.3. Japan 6.4.3.1. Japan Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 6.4.3.2. Japan Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 6.4.3.3. Japan Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 6.4.4. India 6.4.4.1. India Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 6.4.4.2. India Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 6.4.4.3. India Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 6.4.5. Australia 6.4.5.1. Australia Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 6.4.5.2. Australia Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 6.4.5.3. Australia Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 6.4.6. Indonesia 6.4.6.1. Indonesia Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 6.4.6.2. Indonesia Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 6.4.6.3. Indonesia Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 6.4.7. Malaysia 6.4.7.1. Malaysia Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 6.4.7.2. Malaysia Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 6.4.7.3. Malaysia Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 6.4.8. Vietnam 6.4.8.1. Vietnam Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 6.4.8.2. Vietnam Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 6.4.8.3. Vietnam Tunnel Boring Machine Market Size and Forecast, by End Users(2022-2029) 6.4.9. Taiwan 6.4.9.1. Taiwan Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 6.4.9.2. Taiwan Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 6.4.9.3. Taiwan Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 6.4.10.2. Rest of Asia Pacific Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 6.4.10.3. Rest of Asia Pacific Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 7. Middle East and Africa Tunnel Boring Machine Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 7.2. Middle East and Africa Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 7.3. Middle East and Africa Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 7.4. Middle East and Africa Tunnel Boring Machine Market Size and Forecast, by Country (2022-2029) 7.4.1. South Africa 7.4.1.1. South Africa Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 7.4.1.2. South Africa Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 7.4.1.3. South Africa Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 7.4.2. GCC 7.4.2.1. GCC Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 7.4.2.2. GCC Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 7.4.2.3. GCC Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 7.4.3. Nigeria 7.4.3.1. Nigeria Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 7.4.3.2. Nigeria Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 7.4.3.3. Nigeria Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 7.4.4.2. Rest of ME&A Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 7.4.4.3. Rest of ME&A Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 8. South America Tunnel Boring Machine Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 8.2. South America Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 8.3. South America Tunnel Boring Machine Market Size and Forecast, by End Users(2022-2029) 8.4. South America Tunnel Boring Machine Market Size and Forecast, by Country (2022-2029) 8.4.1. Brazil 8.4.1.1. Brazil Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 8.4.1.2. Brazil Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 8.4.1.3. Brazil Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 8.4.2. Argentina 8.4.2.1. Argentina Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 8.4.2.2. Argentina Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 8.4.2.3. Argentina Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Tunnel Boring Machine Market Size and Forecast, by Machine Type (2022-2029) 8.4.3.2. Rest Of South America Tunnel Boring Machine Market Size and Forecast, by Product Type (2022-2029) 8.4.3.3. Rest Of South America Tunnel Boring Machine Market Size and Forecast, by End Users (2022-2029) 9. Global Tunnel Boring Machine Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Tunnel Boring Machine Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Herrenknecht AG 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Hitachi Zosen Corporation 10.3. Jim Technology Corporation 10.4. Mitsubishi Heavy Industries Ltd. 10.5. Kawasaki Heavy Industries Ltd. 10.6. Komatsu 10.7. Terratec Ltd. 10.8. Northern Heavy Industries Group Co.Ltd. 10.9. SELI 10.10. Xugong Kaigong 10.11. STEC 10.12. Shanghai Tunnel Engineering Co.Ltd. 10.13. Tianye Tolian 10.14. China Railway Construction Heavy Industry Co. Ltd 10.15. Tolian Corporation, 10.16. Certified Red Team Expert (CRTE) 10.17. Ishikawajima-Harima Heavy Industries Co, Ltd 10.18. The Robbins Company, Inc 10.19. Bosh Rexroth AG 10.20. TBM Germany GmbH 11. Key Findings 12. Industry Recommendations 13. Tunnel Boring Machine Market: Research Methodology 14. Terms and Glossary