Press release
Tunnel Boring Machine Market Reach USD 9,434.24 Million by 2027 at 5.7% CAGR - Impact of COVID-19 Pandemic | Global Analysis by The Insight Partners
Tunnel Boring Machine Market was valued at US$ 6,236.13 million in 2019 and is projected to reach US$ 9,434.24 million by 2027; it is expected to grow at a CAGR of 5.7% during 2020 - 2027. Growth in road infrastructure is one of the significant factors propelling the market growth. Rising government investment in railway projects is anticipated to drive the global tunnel boring machine market.Worldwide Tunnel Boring Machine Market Analysis to 2027 is a specialized and in-depth study of the Tunnel Boring Machine Industry with a focus on the global market trend. The report aims to provide an overview of global Tunnel Boring Machine Market with detailed market segmentation by product/application and geography. The global Tunnel Boring Machine Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Tunnel Boring Machine players and offers key trends and opportunities in the market.
Get PDF Sample Copy of this Report @ https://bit.ly/3Ea5MHL
The global road infrastructure and construction industry is growing at an impressive pace due to rising population and urbanization levels, especially in the developed and developing regions of the world. Rising government expenditure on infrastructure and swiftly growing road network expansions across all the countries are driving the global market. Spending on new transport infrastructure in various potential countries and upgrade of existing infrastructure are fueling the demand for tunnel boring machines. Infrastructure upgrading activities, development of smart cities, and rise in trend of tunnel automation are some of the major factors fueling the global market.
Top Dominating Key Players:
1. China Railway Construction Heavy Industry Co., Ltd.
2. CREG TBM Germany GmbH
3. DALIAN HUARUI HEAVY INDUSTRY GROUP CO., LTD.
4. Herrenknecht AG
5. Hitachi Zosen corporation
6. IHI Corporation
7. Kawasaki Heavy Industries, Ltd.
8. Komatsu Ltd.
9. The Robbins Company
10. TERRATEC Ltd.
Key Benefits:
To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Tunnel Boring Machine Market.
To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Tunnel Boring Machine Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Tunnel Boring Machine Market segments and regions.
Scope of the study:
The research on the Tunnel Boring Machine Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Tunnel Boring Machine Market on the basis of end user, product type, application, and demography for the forecast period 2020 - 2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
Tunnel Boring Machine Market Segmentation :
Tunnel Boring Machine Market – by Type
Slurry TBM
Earth Pressure Balance Shield TBM
Open Gripper TBM
Shielded TBM
Multi-Mode TBM
Other Types
Tunnel Boring Machine Market – by Geology
Soft Ground
Hard Rock Ground
Variable Ground
Heterogeneous Ground
Request for Buy Report @ https://bit.ly/3lDXEa7
Reasons to Buy the Report:
Learn about the driving factors, affecting the market growth.
Imbibe the advancements and progress in the market during the forecast period.
Understand where the market opportunities lies.
Compare and evaluate various options affecting the market.
Pick up on the leading market players within the market.
Envision the restrictions and restrains that are likely to hamper the market.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Tunnel Boring Machine Market Reach USD 9,434.24 Million by 2027 at 5.7% CAGR - Impact of COVID-19 Pandemic | Global Analysis by The Insight Partners here
News-ID: 2392081 • Views: …
More Releases from The Insight Partners
Insect Pest Control - Obtain PDF Sample Copy
The Insect Pest Control Market size is projected to reach US$ 14.85 billion by 2031 from US$ 21.33 billion in 2024. The market is expected to register a CAGR of 5.4% during 2025-2031. The proactive health measures, combined with heightened consumer awareness about disease prevention, have boosted the demand for both professional pest control services and DIY products. The convergence of public health policies, regulatory vigilance, and increased risk perception…
Denim Fabrics - Obtain PDF Sample Copy
The denim fabrics market size is projected to reach US$ 28.69 billion by 2031 from US$ 22.32 billion in 2024. The market is expected to register a CAGR of 3.8% during 2025-2031. The denim fabrics market is growing steadily owing to changing consumer preferences, fashion trends, and increasing accessibility. Denim has evolved from being a utilitarian fabric to a mainstream fashion item, appreciated for its flexibility, comfort, and ease. With…
Photomedicine Devices and Technologies Market Global Rising Demand & Huge Scope …
A new market study report by The Insight Partners on the Photomedicine Devices and Technologies Market has been released with reliable information and accurate forecasts for a better understanding of the current and future market scenarios. The report offers an in-depth analysis of the global market, including qualitative and quantitative insights, historical data, and estimated projections about the market size and share in the forecast period.
Get PDF Sample…
Genetic Testing Services Market Global Rising Demand & Huge Scope Till 2031
Genetic Testing Services Market business research report assesses the current as well as upcoming performance of the market, also brand-new trends in the market. It provides product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product. The market statistics within the report is displayed in a statistical format to offer a better understanding upon the market…
More Releases for Tunnel
Transformative Trends Impacting the Tunnel Market Landscape: Innovations Drive T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts._x000D_
_x000D_
How Large Will the Tunnel Market Size By 2025?_x000D_
There has been a substantial growth in the tunnel market size over the past few years. The market, which is set to rise from $26.4 billion in 2024 to $27.74 billion in 2025, is expected to show a compound annual…
Evolving Market Trends In The Wind Tunnel Industry: Revolutionizing Microclimate …
The Wind Tunnel Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Wind Tunnel Market Size and Its Estimated Growth Rate?
In the past few years, the wind tunnel market has seen consistent growth. The market, which is projected to reach $2.86 billion…
Tunnel Automation - A Complete Analysis
A tunnel comprises of a huge number of ventilation systems, lighting systems, and speed limit indicators, among others that consume a huge amount of power and hence require to be operated effectively and efficiently to control the traffic. Any fault in the operation of any system or any failure in the power supply may lead to major accidents. As a result, the automation of the tunnel system delivers the best…
Tunnel Monitoring System - Comprehensive Analysis
A tunnel is a passage through beneath a mountain, city, and under a waterway. Tunnel monitoring system (TMS) is an evolving field of research that is fascinating to the increasing interest from various government organizations in order to keep the safety of the overall tunnel. Furthermore, there are different types of parameters and techniques or approaches that are used in the tunnel monitoring system.
Download PDF Sample at https://www.theinsightpartners.com/sample/TIPRE00009368/?utm_source=Openpr&utm_medium=10396
The upsurge in…
Wireless Tunnel Monitoring System Market May Set New Growth Story | Tunnel Senso …
Advance Market Analytics published a new research publication on "Wireless Tunnel Monitoring System Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Wireless Tunnel Monitoring System market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive…
Tunnel Monitoring System (TMS) Market - Growing Investments In Different Tunnel …
A tunnel is an underground passage through beneath a city, a mountain and under a waterway. It is one of the most complexly engineered constructions in the world due to the enormous risk involved. Thus, tunnel monitoring system (TMS) is a type of device which is fixed to the tunnel wall, to monitor deformation of wall. Tunnel monitoring system (TMS) is a growing field of research that is attracting growing…
