The tunnel boring market size was valued at USD 6.86 billion in 2024 and is expected to reach USD 10.56 billion by 2032, growing at a CAGR of 5.55% over the forecast period of 2025-2032.
The tunnel boring market is experiencing steady momentum, driven by escalating demands for efficient underground construction technologies in urban infrastructure, railways, water management systems, and utility tunneling. The technological advancements in the Tunnel Boring Machines (TBM), automation, real-time monitoring systems, and AI-based navigation devices are the primary driving factors for the growth of the market. Such advancements are helping to avoid delays in a project and are also reducing the time taken in excavation while continually playing an integral role in increasing the overall tunnel boring market growth.
The growing focus on mechanization as compared to conventional tunneling is another primary attribute influencing the tunnel boring market trends, given that it minimizes ground surface disturbance and maintains the safety of individuals. Customized Tunnel Boring Machines (TBMs) designed for mixed face and hard rock are also gaining traction in the global tunnel boring machine market. Furthermore, significant construction companies and manufacturers are allocating investments to research and development for manufacturing eco-friendly and energy-efficient TBMs in line with worldwide sustainability targets. As of 2024, there were more than 1,300 TBM units deployed around the world, with hard rock TBMs constituting the largest type of machinery in active service. Adoption is further catalyzed by growing urbanization and the need for smart city infrastructure. The rising market with application in civil and industrial tunneling projects, despite high initial and operational costs.
In June 2025, the Delhi Metro Rail Corporation (DMRC) completed a 1,550 m tunnel between Kishangarh and Vasant Kunj on the Aerocity–Tughlaqabad corridor using a 91 m-long Tunnel Boring Machine. Excavated at a depth of around 22.86 m, the tunnel required 1,105 precast concrete rings. This marks the second completed tunnel on the stretch, with the first finished in March 2025.
Drivers
Government-Led Mega Projects Drive Demand for Tunnel Boring Machine Industry and Underground Construction Machinery
The tunnel boring machine industry is driven by government investments and mega infrastructure projects to a large extent. Efforts are being undertaken to develop better underground construction machinery that will enhance urban connectivity and utility systems. for instance, India is working on initiatives such as Bharatmala and Smart Cities Mission, China has accepted the Belt and Road Initiative, and Europe has Crossrail. India is preparing to build over 83,000 km of highways by 2027, whereas China is building 5,000 km of urban metro lines in its urbanization push, for instance. These projects demand efficient tunneling with minimal disruption, a factor that makes TBMs the most suitable option. Another factor driving demand for tunnel boring technology, especially in large urban centers in Europe and Asia, is the ongoing transition towards greener and space-efficient infrastructure.
In June 2025, India’s Mumbai–Ahmedabad bullet train project is facing delays as three German-made tunnel boring machines (TBMs), manufactured in China, remain stuck at a Chinese port awaiting clearance. One of these is the largest TBM ever used in India. The delay has prompted intervention from India’s Ministry of External Affairs. Meanwhile, shaft construction has begun, but the project timeline remains at risk.
Restraint
High Capital and Operational Costs Pose Key Barrier to Tunnel Boring Machine Adoption in Emerging Markets
The high initial and operational costs of TBMs are one of the major barriers to their mass adoption, especially in developing areas. A single TBM can cost from USD 10 million to USD 50 million, depending on size and complexity. Then, to top it off, set-up, maintenance, and customizing for ground conditions increase total costs. The operational costs are also high because TBMs are expensive to run; they need specialized crews and continuous technical support, impacting the long-term costs of running a TBM. According to research, more than 60% of the machines in the tunneling project are affected by construction stoppage due to maintenance staff customization issues. Although TBMs are efficient in the long term, their adoption is limited, mainly due to the high financial requirements needed upfront, creating entry barriers to small to mid-sized contractors.
By Product Type
The Hard Rock TBM segment dominated the market and accounted for 52% of the tunnel boring market share. This is due to an increase in tunneling projects in hilly and rocky areas, especially in North America, Europe, and several regions of Asia. Especially, the solid ground facing machines are preferred for cutting the solid geological formations efficiently with maximum surface subsidence-free and maximum accuracy. Furthermore, technological improvements have resulted in modern Hard Rock TBMs being more flexible and robust, able to excavate longer tunnels in less time. They are particularly common in hydroelectric, mining, and rail projects that require deep tunneling through difficult geology.
The Soft Ground TBM segment is the fastest growing, driven by the rapid pace of urban infrastructure development. Growth in the installation of underground transit systems, sewage lines, and utility tunnels beneath bustling megacities is accelerating demand for slurry shields, EPB, and other soft ground machines. These TBMs are used in cities characterized by unstable soil, high water tables or mixed ground conditions. Countries such as China, India, and Indonesia are significantly investing in their metro rail and smart city projects, driving soft ground machinery adoption. The capacity to maintain face pressure and minimize ground disturbance makes them suitable for crowded cities and adds to a progressively increasing market share.
By End-Use
The Transport segment accounted for the largest share, with around 38% in 2024, due to increasing investments in underground transportation infrastructure. Urban metro systems, high-speed rail corridors, and road tunnels. To minimize congestion and emissions, Governments around the world have placed a high premium on compact, efficient underground transit on the drawing board. The Grand Paris Express in France, the Crossrail project in the UK, and metro rail expansion in Asian megacities are among the prominent examples. At the heart of these innovations are the tunnel boring machines, which, owing to their speed, safety, and low surface disturbance, continue to have a significant presence in the transport.
The Oil & Gas sector is the fastest-growing end-use segment, propelled by the increasing need for underground pipeline networks and utility tunnels in remote or complex terrains. With energy consumption increasing and corporations searching for deeper, less accessible extraction locations, TBMs are a trusted solution for pipeline installation under rivers, highways, and cities without substantial disruption. This is becoming particularly apparent in the Middle East, the U.S., and Russia, where access to underground as well as protection of surface infrastructure is key. Lastly, it ensures sustainability as it reduces the environmental impact of oil and gas projects, which is important considering modern oil and gas industry trends focused on sustainability.
Asia-Pacific is the dominant region, capturing the largest market share of around 38.00% in the global tunnel boring market. Such domination is fueled by large-scale infrastructure development, urbanization, and a rise in population in large economies such as China, India, and Japan. Metro rail systems, high-speed rail networks, water tunnels, and road tunneling projects are all receiving significant levels of investment by these countries. Growth has also been spurred by government support, foreign direct investment, and growing public-private partnerships. The key manufacturing players in the region and the automation in the tunnel boring technologies tend to further strengthen the leadership of the region. Urban areas are space-constrained, thus continuous demand for underground transportation and utilities further supports Asia-Pacific's leading market.
North America holds a significant share in the tunnel boring market due to the strong presence of established infrastructure and growing interest in modernizing aging transit systems. Investments aimed at urban transit developments, wastewater management, and renewable energy projects, including hydro and underground power facilities, are also on the rise in the U.S. and Canada. Other factors include improving adoption of advanced TBM technologies and booming market players in this region. Additionally, improved sustainability and reduced surface disruption during construction have contributed to the growing use of tunnel boring machines. Backed by technology and increased transportation and infrastructure funding from the feds, the region just keeps on steadily growing.
The U.S. tunnel boring market is projected to grow from USD 0.83 billion in 2024 to USD 1.25 billion by 2032, at a CAGR of 5.17%. Growth is driven by major infrastructure projects, including subway and utility tunnel expansions. Government initiatives and urban development are key contributors. The U.S. remains the largest tunnel boring market in North America.
Europe ranks as the second-largest market for tunnel boring machines, owing to its extensive and sophisticated urban infrastructure. Germany, France, the UK, and Italy all have long-established tunneling traditions and are engaged in modernization and expansion of subsurface systems, particularly subways, European central crossings and utilities. Despite these differences, the region is very much guided by the strong environmental regulations in place; because of this, TBMs, with their reduced environmental footprint, have become the technology of choice there. The demand is also stimulated by EU initiatives promoting cross-country connectivity and green transport. The TBM market in Europe is mature in technology, has a high degree of mechanization, and places importance on sustainable construction methods.
Tunnel Boring Companies are Mitsubishi Heavy Industries, Ltd., Sika AG, The Robbins Company, Kawasaki Heavy Industries, Ltd., Herrenknecht AG, TERRATEC Ltd., Hitachi Zosen Sakai Works, Komatsu Ltd., China Railway Tunnel Group, Amberg Engineering
In May 2025, Mitsubishi Heavy Industries announced progress on its 2024 Medium-Term Business Plan, highlighting strategic growth across energy, smart infrastructure, and industrial machinery. The update emphasizes innovation, decarbonization, and global expansion efforts. It reflects MHI’s focus on building a carbon-neutral future and enhancing societal value.
In June 2025, Robbins Company participated in RETC 2025 in Dallas, showcasing tunneling innovations at Booth 701. During the Hard Rock TBMs session, VP Brad Grothen presented a paper on how TBMs and shaft boring machines can enhance the feasibility of pumped-storage and small hydropower projects. The event highlighted Robbins' continued focus on specialized tunneling solutions.
| Report Attributes | Details |
|---|---|
| Market Size in 2024 | USD 6.86 Billion |
| Market Size by 2032 | USD 10.56 Billion |
| CAGR | CAGR of 5.55% From 2025 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product Type (Hard Rock TBM [Shielded TBM, Open Type TBM], Soft Ground TBM [Slurry Shield TBM, Earth Pressure TBM, Open Face Type TBM, Others], Heterogeneous Ground TBM) • By End-use (Mining, Oil & Gas, Transport, Utility, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Mitsubishi Heavy Industries, Ltd., Sika AG, The Robbins Company, Kawasaki Heavy Industries, Ltd., Herrenknecht AG, TERRATEC Ltd., Hitachi Zosen Sakai Works, Komatsu Ltd., China Railway Tunnel Group, Amberg Engineering |
Ans: The Tunnel Boring market is expected to grow at a CAGR of 5.55% from 2025-2032.
Ans: The Tunnel Boring market was USD 6.86 billion in 2024 and is expected to reach USD 10.56 billion by 2032.
Ans: Smart Technologies and Innovation Are Transforming Industries Through Enhanced Efficiency and Sustainable Operations
Ans: The “sealants” segment dominated the Tunnel Boring market.
Ans: The North America region dominated the Tunnel Boring market in 2024.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Manufacturing Output, by Region, (2020-2023)
5.2 Utilization Rates, by Region, (2020-2023)
5.3 Maintenance and Downtime Metrix
5.4 Technological Adoption Rates, by Region
5.5 Export/Import Data, by Region (2023)
6. Competitive Landscape
6.1 List of Major Companies By Region
6.2 Market Share Analysis By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion Plans and New Product Launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Tunnel Boring Market Segmentation by Product Type
7.1 Chapter Overview
7.2 Hard Rock TBM
7.2.1 Hard Rock TBM Market Trend Analysis (2021-2032)
7.2.2 Hard Rock TBM Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.3 Shielded TBM
7.2.3.1 Shielded TBM Market Trend Analysis (2021-2032)
7.2.3.2 Shielded TBM Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.4 Open Type TBM
7.2.4.1Open Type TBM Market Trend Analysis (2021-2032)
7.2.4.2 Open Type TBM Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Soft Ground TBM
7.3.1 Soft Ground TBM Market Trend Analysis (2021-2032)
7.3.2 Soft Ground TBM Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.3 Slurry Shield TBM
7.3.3.1 Slurry Shield TBM Market Trend Analysis (2021-2032)
7.3.3.2 Slurry Shield TBM Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.4 Earth Pressure TBM
7.3.4.1 Earth Pressure TBM Market Trend Analysis (2021-2032)
7.3.4.2 Earth Pressure TBM Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.5 Open Face Type TBM
7.3.5.1 Open Face Type TBM Market Trend Analysis (2021-2032)
7.3.5.2 Open Face Type TBM Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.6 Others
7.3.6.1 Others Market Trend Analysis (2021-2032)
7.3.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Heterogeneous Ground TBM
7.6.1 Heterogeneous Ground TBM Market Trends Analysis (2021-2032)
7.6.2 Heterogeneous Ground TBM Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Tunnel Boring Market Segmentation by End Use
8.1 Chapter Overview
8.2 Mining
8.2.1 Mining Market Trends Analysis (2021-2032)
8.2.2 Mining Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Oil & Gas
8.3.1 Oil & Gas Market Trends Analysis (2021-2032)
8.3.2 Oil & Gas Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Transport
8.3.1 Transport Market Trends Analysis (2021-2032)
8.3.2 Transport Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Utility
8.5.1 Utility Market Trends Analysis (2021-2032)
8.5.2 Utility Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Others
8.6.1 Others Market Trends Analysis (2021-2032)
8.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Tunnel Boring Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.2.3 North America Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.2.4 North America Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.2.5.2 USA Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.2.6.2 Canada Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.2.7.2 Mexico Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.3 Europe
9.3.1 Trends Analysis
9.3.2 Europe Tunnel Boring Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.3.3 Europe Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.3.4 Europe Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.3.5 Germany
9.3.5.1 Germany Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.3.5.2 Germany Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.3.6 France
9.3.6.1 France Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.3.6.2 France Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.3.7 UK
9.3.7.1 UK Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.3.7.2 UK Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.3.8 Italy
9.3.8.1 Italy Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.3.8.2 Italy Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.3.9 Spain
9.3.9.1 Spain Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.3.9.2 Spain Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.3.10 Poland
9.3.10.1 Poland Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.3.10.2 Poland Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.3.11 Turkey
9.3.11.1 Turkey Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.3.11.2 Turkey Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.3.12 Rest of Europe
9.3.12.1 Rest of Europe Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.3.12.2 Rest of Europe Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Tunnel Boring Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.4.3 Asia Pacific Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.4.4 Asia Pacific Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.4.5.2 China Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.4.5.2 India Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.4.5.2 Japan Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.4.6.2 South Korea Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.4.7 Singapore
9.4.7.1 Singapore Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.4.7.2 Singapore Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
8.4.8 Australia
8.4.8.1 Australia Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
8.4.8.2 Australia Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.4.9 Rest of Asia Pacific
9.4.9.1 Rest of Asia Pacific Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.4.9.2 Rest of Asia Pacific Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.5 Middle East & Africa
9.5.1 Trends Analysis
9.5.2 Middle East & Africa Tunnel Boring Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.5.3 Middle East & Africa Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.5.4 Middle East & Africa Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.5.5 UAE
9.5.5.1 UAE Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.5.5.2 UAE Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.5.6 Saudi Arabia
9.5.6.1 Saudi Arabia Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.5.6.2 Saudi Arabia Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.5.7 Qatar
9.5.7.1 Qatar Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.5.7.2 Qatar Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.5.8 South Africa
9.5.8.1 South Africa Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.5.8.2 South Africa Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.5.9 Rest of Middle East & Africa
9.5.9.1 Rest of Middle East & Africa Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.5.9.2 Rest of Middle East & Africa Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Tunnel Boring Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.6.3 Latin America Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.6.4 Latin America Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.6.5.2 Brazil Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.6.6.2 Argentina Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
9.6.7 Rest of Latin America
9.6.7.1 Rest of Latin America Tunnel Boring Market Estimates and Forecasts, by Product Type (2021-2032) (USD Billion)
9.6.7.2 Rest of Latin America Tunnel Boring Market Estimates and Forecasts, by End-Use (2021-2032) (USD Billion)
10. Company Profiles
10.1 Mitsubishi Heavy Industries, Ltd.
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Product / Services Offered
10.1.4 SWOT Analysis
10.2 Sika AG
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Product/ Services Offered
10.2.4 SWOT Analysis
10.3 The Robbins Company
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Product/ Services Offered
10.3.4 SWOT Analysis
10.4 Kawasaki Heavy Industries, Ltd.
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Product/ Services Offered
10.4.4 SWOT Analysis
10.5 Herrenknecht AG
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Product/ Services Offered
10.5.4 SWOT Analysis
10.6 TERRATEC Ltd.
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Product/ Services Offered
10.6.4 SWOT Analysis
10.7 Hitachi Zosen Sakai Works
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Product/ Services Offered
10.7.4 SWOT Analysis
10.8 Komatsu Ltd.
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Product/ Services Offered
10.8.4 SWOT Analysis
10.9 China Railway Tunnel Group
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Product/ Services Offered
10.9.4 SWOT Analysis
10.10 Amberg Engineering
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Product/ Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
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After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Product Type
Hard Rock TBM
Shielded TBM
Open Type TBM
Soft Ground TBM
Slurry Shield TBM
Earth Pressure TBM
Open Face Type TBM
Others
Heterogeneous Ground TBM
By End-use
Mining
Oil & Gas
Transport
Utility
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players