Tunnel Boring Machine (TBM) Market Report Till 2024 |Industry Forecast & Deep Analysis
The Global Tunnel Boring Machine (TBM) Market Growth Till 2024 Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.
A tunnel boring machine (TBM) is a machine used to excavate tunnels with a circular cross section through a variety of soil and rock strata. They may also be used for micro tunneling. In Japan and China, The machine is used for soil are called shield tunneling machines and machines used for hard rock are called tunnel boring machine. But in Europe and USA, they are called the same name tunnel boring machine. The research includes all of them.
At present, in the foreign industrial developed countries the Tunnel Boring Machine (TBM) industry is generally at a more advanced level. In Japan, Europe and the United States manufacturer of TBM still has a considerable size. The consumption volume of TBM in Europe was about 77 Units, which was follow by US, with a volume of 48 Units.
According to this study, over the next five years the Tunnel Boring Machine (TBM) market will register a -1.4% CAGR in terms of revenue, the global market size will reach US$ 4360 million by 2024, from US$ 4740 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tunnel Boring Machine (TBM) business, shared in Chapter 3.
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Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Soft Ground TBMs
- Hard Rock TBMs
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- City Rail System
- Railway and Highway
- Municipal Engineering
- Others
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Herrenknecht
- CRTG
- CRCHI
- Tianhe
- LNSS
- Komatsu
- Mitsubishi
- NHI
- Kawasaki
- IHI
- Terratec
- SELI
- Tianye Tolian
- Hitachi Zosen
- Xugong Kaigong
- STEC
- JIMT
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Research objectives
- To study and analyze the global Tunnel Boring Machine (TBM) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Tunnel Boring Machine (TBM) market by identifying its various subsegments.
- Focuses on the key global Tunnel Boring Machine (TBM) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Tunnel Boring Machine (TBM) with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Tunnel Boring Machine (TBM) submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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Other Reports by DecisionDatabases.com:
2018-2023 Global Tunnel Boring Machine (TBM) Consumption Market Report @ https://www.decisiondatabases.com/ip/31378-tunnel-boring-machine-tbm-consumption-market-analysis-report
Global Boring-Milling Machine Market Growth 2019-2024 @ https://www.decisiondatabases.com/ip/42134-boring-milling-machine-market-analysis-report
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