Tunnel Boring Machine
                     Tunnel Boring Machine Market 
Tunnel Boring Machine Market Forecast to 
2027 - COVID-19 Impact and Global 
Analysis By Type (Slurry TBM, Earth 
Pressure Balance Shield TBM, Open 
Gripper TBM, Shielded TBM, Multi-Mode 
TBM, and Other Types), Geology (Soft 
Ground, Hard Rock Ground, Variable 
Ground, and Heterogeneous Ground), and 
End-User (Transportation, Metals & 
Mining, Oil & Gas, and Other End-Users)
Tunnel Boring Machine Market 
Current and Future Market Scenario
The tunnel boring machine market was valued at US$ 6,236.13 million in 2019 and is projected to reach US$ 9,434.24 
million by 2027; it is expected to grow at a CAGR of 5.7% from 2020 to 2027.
A tunnel boring machine is used to excavate tunnels. The machine can bore through numerous ground conditions such as 
soft ground, hard rock, variable, and heterogeneous ground. The tunnel diameters can range from 1 meter to ~16 meters. 
The machine is incorporated with an innovative navigation system to ensure that it digs precisely along the tunnel 
alignments. It is scrutinized 24 hours a day, seven days a week, and fully equipped with staff facilities. 
Tunnel Boring Machine Market 
 
Market Segments
By Geography
By Type By Hybridization Technique North America
 Slurry TBM Soft Ground Europe
Earth Pressure Balance Shield TBM Hard Rock Ground Asia Pacific (APAC)
Open Gripper TBM Variable Ground Middle East and Africa (MEA)
Shielded TBM South and Central America (SCAM)
Tunnel Boring Machine Market  
Leading Players
              Company Profiles in Tunnel Boring Machine Market are:
 CREG TBM Germany GmbH
DALIAN HUARUI HEAVY INDUSTRY GROUP CO., LTD.
Herrenknecht AG
Hitachi Zosen corporation
IHI Corporation
Kawasaki Heavy Industries, Ltd.
Komatsu Ltd.
The Robbins Company
TERRATEC Ltd.
Tunnel Boring Machine Market  
                
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