The global market for Micro Tunnel Boring Machine was estimated to be worth US$ 439.2 million in 2023 and is forecast to a readjusted size of US$ 757.2 million by 2030 with a CAGR of 8.0% during the forecast period 2024-2030

Global key manufacturers of micro tunnel boring machine include Herrenknecht, CRHIC, CRCHI, Akkerman, Northeren Heavy, Industries Group, Terratec, Liaoning Censcience Industry and mts Microtunneling Systems GmbH, etc. Herrenknecht gains the highest market share over 20%.

China is the largest producer of micro tunnel boring machine, making up nearly 40%, followed by Europe (30%).

In terms of product type, earth pressure balance machine makes up most, with a share over 40%. Other dominant types include Slurry Shield (SS), Pilot Tube Microtunneling (PTMT), Auger Boring and Vacuum Extraction TBM.

In terms of application, urban rail system is the largest segment, holding a share over 50%.

With an increasing demand of urban underground space, market size of micro tunnel boring machine is also growing and the prospect is optimistic.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Micro Tunnel Boring Machine, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Micro Tunnel Boring Machine by region & country, by Type, and by Application.

The Micro Tunnel Boring Machine market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Micro Tunnel Boring Machine.

Market Segmentation


By Company


Herrenknecht

CRHIC

CRCHI

Akkerman

Northeren Heavy Industries Group

Terratec

Liaoning Censcience Industry

mts Microtunneling Systems GmbH


Segment by Type
:

Earth Pressure Balance Machines

Slurry Shield (SS)

Pilot Tube Microtunneling (PTMT)

Auger Boring

Vacuum Extraction TBM

Others


Segment by Application


Urban Rail System

Rail and Road

Municipal Engineering

Others

By Region

North America

United States

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

UAE

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Micro Tunnel Boring Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Micro Tunnel Boring Machine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Micro Tunnel Boring Machine in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.