Report Detail

Request for Sample of this report

Machinery & Equipment Global Tunnel Boring Machine (TBM) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4656201
    • |
  • 05 December, 2025
    • |
  • Global
    • |
  • 111 Pages
    • |
  • GIR
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Tunnel Boring Machine (TBM) market size was valued at US$ 4582 million in 2024 and is forecast to a readjusted size of USD 5222 million by 2031 with a CAGR of 1.9% during review period.
A 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. In Japan and China, the machines used for soil are called shield tunneling machines and machines used for hard rock are called tunnel boring machine. But in Europe and USA, they are called the same name tunnel boring machine. The research we did include all of them.
Global tunnel boring machine (TBM) key players include Herrenknecht, CRCHI etc. Global top 3 manufacturers hold a share over 65%.
Asia-Pacific is the largest market, with a share about 60%, followed by North America and Europe, both have a share about 30 percent.
In terms of product, soft ground TBMs is the largest segment, with a share over 55%. And in terms of application, the largest application is city rail system, followed by railway and highway.
This report is a detailed and comprehensive analysis for global Tunnel Boring Machine (TBM) 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 Machine (TBM) market size and forecasts, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K USD/Unit), 2020-2031
Global Tunnel Boring Machine (TBM) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K USD/Unit), 2020-2031
Global Tunnel Boring Machine (TBM) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K USD/Unit), 2020-2031
Global Tunnel Boring Machine (TBM) market shares of main players, shipments in revenue ($ Million), sales quantity (Unit), and ASP (K USD/Unit), 2020-2025
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 Machine (TBM)
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 Machine (TBM) 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 CRHIC, Herrenknecht, CRCHI, Tianhe Mechanical Equipment, Liaoning Censcience Industry Co., Ltd, JIMT, Robbins, Komatsu, Shanghai Tunnel Engineering Co., Ltd, Hitachi Zosen, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Tunnel Boring Machine (TBM) market is split by Type and by Application. For the period 2020-2031, 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
Soft Ground TBMs
Hard Rock TBMs
Market segment by Application
City Rail System
Railway and Highway
Municipal Engineering
Others
Major players covered
CRHIC
Herrenknecht
CRCHI
Tianhe Mechanical Equipment
Liaoning Censcience Industry Co., Ltd
JIMT
Robbins
Komatsu
Shanghai Tunnel Engineering Co., Ltd
Hitachi Zosen
Kawasaki
Terratec
Xugong Kaigong
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 Machine (TBM) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tunnel Boring Machine (TBM), with price, sales quantity, revenue, and global market share of Tunnel Boring Machine (TBM) from 2020 to 2025.
Chapter 3, the Tunnel Boring Machine (TBM) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tunnel Boring Machine (TBM) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
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 2020 to 2031.
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 2020 to 2025.and Tunnel Boring Machine (TBM) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
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 Machine (TBM).
Chapter 14 and 15, to describe Tunnel Boring Machine (TBM) sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Tunnel Boring Machine (TBM) Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Soft Ground TBMs
    • 1.3.3 Hard Rock TBMs
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Tunnel Boring Machine (TBM) Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 City Rail System
    • 1.4.3 Railway and Highway
    • 1.4.4 Municipal Engineering
    • 1.4.5 Others
  • 1.5 Global Tunnel Boring Machine (TBM) Market Size & Forecast
    • 1.5.1 Global Tunnel Boring Machine (TBM) Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Tunnel Boring Machine (TBM) Sales Quantity (2020-2031)
    • 1.5.3 Global Tunnel Boring Machine (TBM) Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 CRHIC
    • 2.1.1 CRHIC Details
    • 2.1.2 CRHIC Major Business
    • 2.1.3 CRHIC Tunnel Boring Machine (TBM) Product and Services
    • 2.1.4 CRHIC Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 CRHIC Recent Developments/Updates
  • 2.2 Herrenknecht
    • 2.2.1 Herrenknecht Details
    • 2.2.2 Herrenknecht Major Business
    • 2.2.3 Herrenknecht Tunnel Boring Machine (TBM) Product and Services
    • 2.2.4 Herrenknecht Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Herrenknecht Recent Developments/Updates
  • 2.3 CRCHI
    • 2.3.1 CRCHI Details
    • 2.3.2 CRCHI Major Business
    • 2.3.3 CRCHI Tunnel Boring Machine (TBM) Product and Services
    • 2.3.4 CRCHI Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 CRCHI Recent Developments/Updates
  • 2.4 Tianhe Mechanical Equipment
    • 2.4.1 Tianhe Mechanical Equipment Details
    • 2.4.2 Tianhe Mechanical Equipment Major Business
    • 2.4.3 Tianhe Mechanical Equipment Tunnel Boring Machine (TBM) Product and Services
    • 2.4.4 Tianhe Mechanical Equipment Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Tianhe Mechanical Equipment Recent Developments/Updates
  • 2.5 Liaoning Censcience Industry Co., Ltd
    • 2.5.1 Liaoning Censcience Industry Co., Ltd Details
    • 2.5.2 Liaoning Censcience Industry Co., Ltd Major Business
    • 2.5.3 Liaoning Censcience Industry Co., Ltd Tunnel Boring Machine (TBM) Product and Services
    • 2.5.4 Liaoning Censcience Industry Co., Ltd Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Liaoning Censcience Industry Co., Ltd Recent Developments/Updates
  • 2.6 JIMT
    • 2.6.1 JIMT Details
    • 2.6.2 JIMT Major Business
    • 2.6.3 JIMT Tunnel Boring Machine (TBM) Product and Services
    • 2.6.4 JIMT Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 JIMT Recent Developments/Updates
  • 2.7 Robbins
    • 2.7.1 Robbins Details
    • 2.7.2 Robbins Major Business
    • 2.7.3 Robbins Tunnel Boring Machine (TBM) Product and Services
    • 2.7.4 Robbins Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Robbins Recent Developments/Updates
  • 2.8 Komatsu
    • 2.8.1 Komatsu Details
    • 2.8.2 Komatsu Major Business
    • 2.8.3 Komatsu Tunnel Boring Machine (TBM) Product and Services
    • 2.8.4 Komatsu Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Komatsu Recent Developments/Updates
  • 2.9 Shanghai Tunnel Engineering Co., Ltd
    • 2.9.1 Shanghai Tunnel Engineering Co., Ltd Details
    • 2.9.2 Shanghai Tunnel Engineering Co., Ltd Major Business
    • 2.9.3 Shanghai Tunnel Engineering Co., Ltd Tunnel Boring Machine (TBM) Product and Services
    • 2.9.4 Shanghai Tunnel Engineering Co., Ltd Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Shanghai Tunnel Engineering Co., Ltd Recent Developments/Updates
  • 2.10 Hitachi Zosen
    • 2.10.1 Hitachi Zosen Details
    • 2.10.2 Hitachi Zosen Major Business
    • 2.10.3 Hitachi Zosen Tunnel Boring Machine (TBM) Product and Services
    • 2.10.4 Hitachi Zosen Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Hitachi Zosen Recent Developments/Updates
  • 2.11 Kawasaki
    • 2.11.1 Kawasaki Details
    • 2.11.2 Kawasaki Major Business
    • 2.11.3 Kawasaki Tunnel Boring Machine (TBM) Product and Services
    • 2.11.4 Kawasaki Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Kawasaki Recent Developments/Updates
  • 2.12 Terratec
    • 2.12.1 Terratec Details
    • 2.12.2 Terratec Major Business
    • 2.12.3 Terratec Tunnel Boring Machine (TBM) Product and Services
    • 2.12.4 Terratec Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Terratec Recent Developments/Updates
  • 2.13 Xugong Kaigong
    • 2.13.1 Xugong Kaigong Details
    • 2.13.2 Xugong Kaigong Major Business
    • 2.13.3 Xugong Kaigong Tunnel Boring Machine (TBM) Product and Services
    • 2.13.4 Xugong Kaigong Tunnel Boring Machine (TBM) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Xugong Kaigong Recent Developments/Updates

3 Competitive Environment: Tunnel Boring Machine (TBM) by Manufacturer

  • 3.1 Global Tunnel Boring Machine (TBM) Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Tunnel Boring Machine (TBM) Revenue by Manufacturer (2020-2025)
  • 3.3 Global Tunnel Boring Machine (TBM) Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Tunnel Boring Machine (TBM) by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Tunnel Boring Machine (TBM) Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Tunnel Boring Machine (TBM) Manufacturer Market Share in 2024
  • 3.5 Tunnel Boring Machine (TBM) Market: Overall Company Footprint Analysis
    • 3.5.1 Tunnel Boring Machine (TBM) Market: Region Footprint
    • 3.5.2 Tunnel Boring Machine (TBM) Market: Company Product Type Footprint
    • 3.5.3 Tunnel Boring Machine (TBM) Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Tunnel Boring Machine (TBM) Market Size by Region
    • 4.1.1 Global Tunnel Boring Machine (TBM) Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Tunnel Boring Machine (TBM) Consumption Value by Region (2020-2031)
    • 4.1.3 Global Tunnel Boring Machine (TBM) Average Price by Region (2020-2031)
  • 4.2 North America Tunnel Boring Machine (TBM) Consumption Value (2020-2031)
  • 4.3 Europe Tunnel Boring Machine (TBM) Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Tunnel Boring Machine (TBM) Consumption Value (2020-2031)
  • 4.5 South America Tunnel Boring Machine (TBM) Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Tunnel Boring Machine (TBM) Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Tunnel Boring Machine (TBM) Sales Quantity by Type (2020-2031)
  • 5.2 Global Tunnel Boring Machine (TBM) Consumption Value by Type (2020-2031)
  • 5.3 Global Tunnel Boring Machine (TBM) Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Tunnel Boring Machine (TBM) Sales Quantity by Application (2020-2031)
  • 6.2 Global Tunnel Boring Machine (TBM) Consumption Value by Application (2020-2031)
  • 6.3 Global Tunnel Boring Machine (TBM) Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Tunnel Boring Machine (TBM) Sales Quantity by Type (2020-2031)
  • 7.2 North America Tunnel Boring Machine (TBM) Sales Quantity by Application (2020-2031)
  • 7.3 North America Tunnel Boring Machine (TBM) Market Size by Country
    • 7.3.1 North America Tunnel Boring Machine (TBM) Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Tunnel Boring Machine (TBM) Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Tunnel Boring Machine (TBM) Sales Quantity by Type (2020-2031)
  • 8.2 Europe Tunnel Boring Machine (TBM) Sales Quantity by Application (2020-2031)
  • 8.3 Europe Tunnel Boring Machine (TBM) Market Size by Country
    • 8.3.1 Europe Tunnel Boring Machine (TBM) Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Tunnel Boring Machine (TBM) Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Tunnel Boring Machine (TBM) Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Tunnel Boring Machine (TBM) Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Tunnel Boring Machine (TBM) Market Size by Region
    • 9.3.1 Asia-Pacific Tunnel Boring Machine (TBM) Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Tunnel Boring Machine (TBM) Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Tunnel Boring Machine (TBM) Sales Quantity by Type (2020-2031)
  • 10.2 South America Tunnel Boring Machine (TBM) Sales Quantity by Application (2020-2031)
  • 10.3 South America Tunnel Boring Machine (TBM) Market Size by Country
    • 10.3.1 South America Tunnel Boring Machine (TBM) Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Tunnel Boring Machine (TBM) Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Tunnel Boring Machine (TBM) Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Tunnel Boring Machine (TBM) Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Tunnel Boring Machine (TBM) Market Size by Country
    • 11.3.1 Middle East & Africa Tunnel Boring Machine (TBM) Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Tunnel Boring Machine (TBM) Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Tunnel Boring Machine (TBM) Market Drivers
  • 12.2 Tunnel Boring Machine (TBM) Market Restraints
  • 12.3 Tunnel Boring Machine (TBM) Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Tunnel Boring Machine (TBM) and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Tunnel Boring Machine (TBM)
  • 13.3 Tunnel Boring Machine (TBM) Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Tunnel Boring Machine (TBM) Typical Distributors
  • 14.3 Tunnel Boring Machine (TBM) Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Tunnel Boring Machine (TBM). Industry analysis & Market Report on Tunnel Boring Machine (TBM) is a syndicated market report, published as Global Tunnel Boring Machine (TBM) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Tunnel Boring Machine (TBM) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

    Last updated on

    REPORT YOU MIGHT BE INTERESTED

    Purchase this Report

    		$3,480.00
    		$5,220.00
    		$6,960.00
    		2,690.04
    		4,035.06
    		5,380.08
    		3,239.88
    		4,859.82
    		6,479.76
    		531,361.20
    		797,041.80
    		1,062,722.40
    		293,712.00
    		440,568.00
    		587,424.00
    Credit card Logo
    Sample Question Discount Download PDF

    Related Reports

    Reason to Buy

    • Trusted By Leaders

      Top executives from leading companies purchase research reports from us. 

    • Shop With Confidence

      We assist you with all the pre-sales enquiries related to any report so that you can buy with confidence.

    • Customer Centric

      Need assistance related to your research requirements? We are just a phone call or an email away.

    • Personalized Solutions

      Our experienced research specialists are here to help you locate the right reports for your need.

    • Secure Checkout

      Shop without being worried about safety & security of your transactions.
      •

    Request for Sample of this report

    Reports and Markets

    mcafree

    Contact Us

    +1-352-353-0818 (US)

    info@reportsandmarkets.com

    Support

    EMAIL US

    Newsletter

    KEEP UP TO DATE ON ALL THE LATEST REPORTS


    maxmind_logo