Tunneling Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The tunneling equipment market size is driven primarily by increasing applications in construction activities in roads, railways and mining. This machine is used to create tunnels for roads, railways, water treatment systems and pipelines. Growing construction and mining activities and multiple government investments in infrastructure development projects are supporting the market growth. As the need for clean water increases, water treatment systems in urban and rural areas have been implemented to support the use of these machines. The high demand is due to less disturbance in the surrounding soil and increased safety provided to workers. In addition, micro-tunneling activity in urban areas for communication pipelines is increasing, promoting market development.

A full report of Tunneling Equipment Market available at https://www.orionmarketreports.com/tunneling-equipment-market/24407/

Tunneling Equipment Market Segmentations

By Product Type

• Slurry TBM
• Earth Pressure Balance Shield TBM
• Shielded TBM
• Cross Over TBM
• Main Beam TBM
• Open Gripper TBM

By Geology Type

• Soft Ground
• Hard Rock Ground
• Heterogenous Ground

By End-use

• Road Transport
• Railway Transport
• Metro & Transit
• Utilities
• Mining
• Oil & Gas

Major Players

• AKKERMAN
• ASTEC INDUSTRIES, INC.
• Atlas Copco AB
• Bessac - Tunnels & Microtunnels
• China Communications Construction Company Limited.
• China Railway Eryuan Engineering Group CO. LTD.
• HERRENKNECHT AG
• Hitachi Zosen Corporation
• Sandvik Construction
• SANYHE International Holdings Co., Ltd.

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

The report covers the following objectives:

• Proliferation and maturation of trade in the Tunneling Equipment Market.
• The market share of the Tunneling Equipment Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Tunneling Equipment Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Tunneling Equipment Market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Tunneling Equipment Market Report

• What was the Tunneling Equipment Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Tunneling Equipment Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Tunneling Equipment Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.