Exclusive Report on Tunnel Boring Machine Market: SWOT Analysis, Key Player, Market Growth, Size, and Forecast till 2028
An exclusive report title “Tunnel Boring Machine Market” published by Evolve Business Intelligence provides a detailed analysis of market size and forecast with key insights such as current and future trends, consumption pattern, end-user preference, growth and restraining factor, and company profiling. According to the report published, the global Tunnel Boring Machine market size is expected to reach $8.50 Billion by 2028 growing at the CAGR of 6.20% from 2021 to 2028.
Major Players in Tunnel Boring Machine Market:
- China Railway Construction Heavy Industry Co. Ltd
- China Railway Engineering Equipment Group Co., Ltd
- Dalian Huarui Heavy Industry Group Co., Ltd
- Hitachi Zosen Corporation
- IHI Corporation
- Kawasaki Heavy Industries Ltd
- Komatsu Ltd
- Northern Heavy Industries Group Co., Ltd. (The Robbins Company, Inc.)
- Qinhuangdao Tianye Tolian Heavy Industry Co., Ltd
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COVID-19 Impact Analysis
The global Tunnel Boring Machine market is expected to have a negative impact in the near future (2020 & 2021) due to the temporary halt in the manufacturing facilities. The employees/ industry executives had a slowdown of the distribution channel due to supply chain disruption. The import and export supply of products has been impacted due to the temporary cross-border restriction.
Market Segment By Machine Type (Slurry TBM, Earth Pressure Balance Shield TBM, Shielded TBM, Multi-Mode TBM, Others): Earth Pressure Balance Shield TBM segment to grow at the highest CAGR during the forecast period.
Market Segment By Application (Road Transport, Railway Transport, Metro & Transit, Utilities, Mining, Others): Road Transport Segment accounted for the largest market size in 2020.
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Key Region/ Countries Covered
- North America (US, Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Rest of the World (the Middle East & Africa and South America)
The geographic coverage in the study includes the factors that impact the growth and affecting the market across each region. The region study is categorized based on the production, consumption, growth rate, supply-demand analysis, import & export in each country. In Tunnel Boring Machine Market, North America is expected to grow at the highest CAGR during the forecast period. The report also includes the detailed analysis of the companies associated with the Tunnel Boring Machine Market by region with major factors such as manufacturing facilities, revenue generated, production capacity, market share, product portfolio, and SWOT Analysis.
- What is the market size in 2020 and forecast from 2021 to 2028?
- What are the growth factors and trends coupled with opportunities and challenges?
- Who are the key players associated with the Tunnel Boring Machine Market?
- What is the market share and key player positioning in Tunnel Boring Machine Market?
- What are the Strength, Weaknesses, Threats, and Opportunities of Each Company in Tunnel Boring Machine Market?
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