According to our (Global Info Research) latest study, the global Tunnel Boring Jumbo market size was valued at US$ 527 million in 2025 and is forecast to a readjusted size of US$ 683 million by 2032 with a CAGR of 3.3% during review period.
In 2025, the global production of tunnel boring machines (TBMs) reached 23,280 units, with an average selling price of US$22,000 per unit. The global annual production capacity of TBMs was approximately 32,000 units, with a gross profit margin of approximately 24.7%. TBMs are specialized transportation equipment used in the tunneling process of mines. They are typically used to transport materials such as soil, rock, and rock cuttings generated during tunnel construction from the tunneling site to temporary storage points at the tunnel entrance or the front end of the transportation system, or directly into the transportation channel for subsequent transport stages. Their design aims to adapt to narrow tunnels, limited space, steep slopes, and irregular terrain, and to work in conjunction with tunneling machines, conveyor belts, and loaders. The upstream of the TBM industry chain includes electric motors, hydraulic systems, and controllers; the midstream consists of TBM manufacturers; and the downstream mainly comprises the mining and rock excavation industries.
The tunnel boring machine (TBM) market is currently in a phase of steady demand growth and technological upgrades. Driven by infrastructure investment and the increase in urban rail and hydraulic tunnel projects, the market size continues to expand. At the same time, the development towards electrification, intelligence, modularization, and remote monitoring has improved operational safety, efficiency, and maintainability. The supply chain is gradually becoming localized, and the standardization of key components is increasing. However, it also faces challenges such as fluctuating raw material prices, stricter requirements for mining certification and safety standards, and cost and delivery challenges brought about by the uncertainty of the global supply chain.
This report is a detailed and comprehensive analysis for global Tunnel Boring Jumbo market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Tunnel Boring Jumbo market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Tunnel Boring Jumbo market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Tunnel Boring Jumbo market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Tunnel Boring Jumbo market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Tunnel Boring Jumbo
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Tunnel Boring Jumbo market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sandvik Mining and Rock Technology, Epiroc, Furukawa, Komatsu Mining Corp., J.H. Fletcher, Sitoncn, Mine Master, HAZEMAG, XCMG, China Railway Engineering Equipment Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Tunnel Boring Jumbo market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Single-Arm Tunneling Trolley
Double-Arm Tunneling Trolley
Multi-arm Tunneling Trolley
Market segment by Chassis Type
Wheel-Mounted
Rail-Mounted
Crawler-Mounted
Market segment by Power System
Hydraulic
Pneumatic
Electric
Market segment by Application
Mining
Rock Excavation
Others
Major players covered
Sandvik Mining and Rock Technology
Epiroc
Furukawa
Komatsu Mining Corp.
J.H. Fletcher
Sitoncn
Mine Master
HAZEMAG
XCMG
China Railway Engineering Equipment Group
Zhangjiakou Xuanhua Huatai Mining&Metallurgical Machinery
Sichuan Zuanshen Intelligent Machinery Manufacturing
Hunan Wuxin Tunnel Intelligent Equipment
LANHI
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tunnel Boring Jumbo product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tunnel Boring Jumbo, with price, sales quantity, revenue, and global market share of Tunnel Boring Jumbo from 2021 to 2026.
Chapter 3, the Tunnel Boring Jumbo competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tunnel Boring Jumbo breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Tunnel Boring Jumbo market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Tunnel Boring Jumbo.
Chapter 14 and 15, to describe Tunnel Boring Jumbo sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Tunnel Boring Jumbo. Industry analysis & Market Report on Tunnel Boring Jumbo is a syndicated market report, published as Global Tunnel Boring Jumbo Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Tunnel Boring Jumbo market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.