Report overview
Microtunnel Machine, also called 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.
This report aims to provide a comprehensive presentation of the global market for Microtunnel Machine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microtunnel Machine. This report contains market size and forecasts of Microtunnel Machine in global, including the following market information:
Global Microtunnel Machine Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Microtunnel Machine Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Microtunnel Machine companies in 2022 (%)
The global Microtunnel Machine market was valued at US$ 451.7 million in 2022 and is projected to reach US$ 856.4 million by 2029, at a CAGR of 9.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core microtunnel machine manufacturers include Herrenknecht, Vermeer and Akkerman etc. The Top3 companies hold a share about 30%. Asia Pacific is the largest market, with a share about 67%, followed by Europe and North America with the share about 13% and 11%.
We surveyed the Microtunnel Machine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Microtunnel Machine Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Microtunnel Machine Market Segment Percentages, by Type, 2022 (%)
Earth Pressure Balance Machines
Slurry Shield (SS)
Pilot Tube Microtunneling (PTMT)
Auger Boring
Vacuum Extraction TBM
Others
Global Microtunnel Machine Market, by Ground Conditions, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Microtunnel Machine Market Segment Percentages, by Ground Conditions, 2022 (%)
Rock
Sand
Clay
Others
Global Microtunnel Machine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Microtunnel Machine Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Microtunnel Machine revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Microtunnel Machine revenues share in global market, 2022 (%)
Key companies Microtunnel Machine sales in global market, 2018-2023 (Estimated), (Units)
Key companies Microtunnel Machine sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Akkerman
mts Microtunneling Systems
Herrenknecht
CRCHI
Terratec
Vermeer
Bohrtec
Outline of Major Chapters:
Chapter 1: Introduces the definition of Microtunnel Machine, market overview.
Chapter 2: Global Microtunnel Machine market size in revenue and volume.
Chapter 3: Detailed analysis of Microtunnel Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by ground conditions, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Microtunnel Machine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Microtunnel Machine capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.