Global Shield Tunnel Boring Machine (TBM) Market Anticipated to Grow at a CAGR of 8.4% by 2025


Posted July 5, 2018 by Steveblade

According to Goldstein Research, global shield tunnel boring machine industry is expected to reach USD 212.36 billion by 2025

 
According to Goldstein Research, global shield tunnel boring machine industry is expected to reach USD 212.36 billion by 2025 growing from USD 119.96 billion in 2017, at a CAGR of 8.4% over the forecast period 2017-2025. The advancement in technology for upgrading the present transportation system and future possibilities are driving the growing demand for shield TBM. Global shield tunnel boring machine market segmentation has been done on the basis of components, product type, tunneling method and geography. Based on product type, double shield TBM accounted for largest market share of 36.4% in 2017. Double shield TBM is capable of doing both the functions of single and gripper TBM.

Global shield tunnel boring machine market is largely dominated by Europe with a market share of 36.2% in 2017 due to major manufacturers of shield TBM being headquartered in Europe such as Herrenknecht headquarters in Germany. Moreover Asia-Pacific Shield tunnel boring machine market is expected to grow at fastest rate of 8.45% annually over the forecast period.

Browse Full Report: https://www.goldsteinresearch.com/report/shield-tunnel-boring-machine-market-global

Market Segmentation

On the basis of our in-depth analysis, Global Shield Tunnel Boring Machine
Market can be segmented as follows:

By Components

 Cutter head
 Shield
 Belt Conveyor
 Muck chutes and Muck ring

By Product Type

 Single Shield TBM
 Double Shield TBM
 Gripper TBM
 Slurry TBM
 Earth Pressure Balance Shield TBM
 Mix Shield TBM

By Tunneling Method

 Segmental Lining
 Pipe Jacking

By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Global Shield Tunnel Boring Machine Market Report Outlook 2025 contains detailed overview of the global shield tunnel boring machine market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by components, product type and tunneling method.

Further, for the in-depth analysis, Global Shield Tunnel Boring Machine Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Herrenknecht AG, Komatsu Ltd., The Robbins Company, Mitsubishi Heavy Industries, Ltd., Kawasaki Heavy Industries, Ltd., Hitachi Zosen Corporation, The Boring Company, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global shield tunnel boring machine market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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https://www.goldsteinresearch.com/request-sample/shield-tunnel-boring-machine-market-global

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on energy industry analysis reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.


Contact for more Info:
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(Global Sales Head)
USA: + 1-646-568-7747
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[email protected]
www.goldsteinresearch.com

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Last Updated July 5, 2018