Press release
Worldwide Tunnel Boring Machine Market is Estimated to Reach Rapidly by USD 4200.0 Million till 2024 | Top Key Company’s - Herrenknecht, Robbins, CREC, Mitsubishi
Tunnel Boring Machine (TBM) Market
Global Tunnel Boring Machine (TBM) Market overview:
Detailed Study on Tunnel Boring Machine (TBM) Market is growing at a CAGR during Forecasts year 2024. This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.
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With the slowdown in world economic growth, the Tunnel Boring Machine (TBM) industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Tunnel Boring Machine (TBM) Market size to maintain the average annual growth rate of 0.0231458730805 from 3300.0 Million $ in 2014 to 3700.0 Million $ in 2019, Market analysts believe that in the next few years, Tunnel Boring Machine (TBM) Market size will be further expanded, we expect that by 2024, The market size of the Tunnel Boring Machine (TBM) will reach 4200.0 Million $.
This reports study Tunnel Boring Machine excavates circular tunnels through a variety of rock and soil. The machine excavates rock by utilizing disc cutters mounted on its front head. The disc Cutters create stress and fractures the rock, causing it to move away from the front of the machine. These machines are used in building micro-tunneling, and tunnels for Roads, Railways, Water Treatment Systems, and Pipelines. This tunneling equipment serves industries such as railway, roadway, municipal engineering, mining, and others. Its parts and components include skips, conveyor belts, control rooms, slurry pipelines, electrical systems, ventilation mechanism, and dust removal system. Depending on the rock to be excavated, there are two types of hard rock digger machine and soft rock digger machine.
The Global Tunnel Boring Machine (TBM) Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Tunnel Boring Machine (TBM) Market is sub segmented into Soft Ground TBMs, Hard Rock TBMs. Based on End Use Industry segment, the Tunnel Boring Machine (TBM) Market is sub segmented into City Rail System, Railway and Highway, Municipal Engineering.
As per Regional Analysis the APAC Tunnel Boring Machine (TBM) market analysis, India and China are expected to be the main revenue-generating countries.. This Tunnel Boring Machine (TBM) is used for pearl river delta intercity railway project to construct the loop line between Guangzhou and Foshan. In Europe, Germany ranks first in the tunnel boring machine market share owing to increasing and improving tunneling projects across the country. Main-line rail tunnels in traffic tunneling holds good share in the traffic tunneling projects in Germany.
Some of the major players that operate in the Global Tunnel Boring Machine (TBM) Market are Herrenknecht, Robbins, CREC, Mitsubishi, NHI, Komatsu, Hitachi Zosen, IHI, Tianhe, Kawasaki, CRCHI, SELI, Terratec, STEC, Tianye Tolian, Xugong Kaigong.
Latest Industry Updates:
Herrenknecht:- Der 6,665mm-Durchmesser Herrenknecht EPB Schild hat vor Kurzem seine Arbeit an der Singapore Thomson-East-Coast Line (TEL) Lot T307 erfolgreich beendet. Wir gratulieren unserem Kunden Samsung C&T Corporation zum finalen Durchbruch. Die 13 km East Coast Strecke der TEL wird, wenn sie fertiggestellt ist, Pendler aus den östlichen Gebieten an Singapur anbinden, die momentan nicht direkt an das Eisenbahnnetz angeschlossen sind.
The 6,665mm diameter Herrenknecht EPB Shield recently finished its work at the Singapore Thomson-East-Coast Line (TEL) Lot T307 successfully. We congratulate our customer Samsung C&T Corporation for the final breakthrough. When completed, the 13-km East Coast stretch of the TEL will connect commuters living in the eastern parts of Singapore who are not directly served by the rail network currently.
Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Table of Contents:
Global Tunnel Boring Machine (TBM) Market Report 2019
1 Tunnel Boring Machine (TBM) Definition
2 Global Tunnel Boring Machine (TBM) Market Major Player Share and Market Overview
3 Major Player Tunnel Boring Machine (TBM) Business Introduction
4 Global Tunnel Boring Machine (TBM) Market Segmentation (Region Level)
5 Global Tunnel Boring Machine (TBM) Market Segmentation (Product Type Level)
6 Global Tunnel Boring Machine (TBM) Market Segmentation (Industry Level)
7 Global Tunnel Boring Machine (TBM) Market Segmentation (Channel Level)
8 Tunnel Boring Machine (TBM) Market Forecast 2019-2024
9 Tunnel Boring Machine (TBM) Segmentation Type
10 Tunnel Boring Machine (TBM) Segmentation Industry
11 Tunnel Boring Machine (TBM) Cost Analysis
12 Conclusion
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