Title: Shield Tunnel Boring Machine(TBM) Market
1Global Shield Tunnel Boring Machine Market
2017-2025
Report Code ER1007
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2Global Shield Tunnel Boring Machine Market
2017-2025
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Global Shield Tunnel Boring Machine Market
2017-2025 Market Overview The shield tunneling
method is a style of excavation using a shield in
front of a tunnel or pipe jack. This is aimed for
providing a frame, maintaining face stabilization
and minimizing ground movement. Shield tunnel
boring machine (TBM) are used as per the type of
geology in place of tunneling i.e., soft rock,
hard rock, soil type, water content.
Manufacturing and maintenance of shield TBM is
itself a challenge owing to its huge size,
weight, and continuous advancing of technology
and its power. Tunnels boring are mainly done for
pipe jacking, road and railway tunnels.
Herrenknecht is the global leader in the
manufacturing, supplying and maintenance of
shield TBM. Herrenknecht assisted to bore the
longest train tunnel in the world in 2017, of
57-kilometer long Gotthard Tunnel, cutting
through the Swiss Alps. In 2017, a startup named
The Boring Company is launched by Tesla and
SpaceX, aims to make advancement in cost and
speed of digging tunnels. Competition in the
tunnel boring industry is rising with the entry
of new players, and manufacturing of advanced
technology based machines. Densely populated
Countries such as China, India and Middle East
have opportunity for new or expanded subway
system. Browse Full Report _at_ https//www.goldstei
nresearch.com/report/shield-tunnel-boring-machine-
market-global
3Global Shield Tunnel Boring Machine Market
2017-2025
- Market Segmentation
- Goldstein Research analyst forecast that the
global shield tunnel boring machine market size
is set to grow at a CAGR of 8.4 over the
forecast period. Global earthmoving equipment
market is anticipated to reach the valuation of
USD 212.36 billion by 2025 from USD 119.96
billion in 2017, which is growing at a CAGR of
7.4 over the forecast period attributed to
growing number of large scale construction
projects paired with the enhancement in
after-sales services. - By Target Audience
- OEMs
- Component Manufactures
- Mining Companies
- Infrastructure Developers
- Aftermarket Vendors
- Suppliers and Distributors
- Government Agencies
- Covered in This Global Shield Tunnel Boring
Machine Market Report - The report covers the present ground scenario and
the future growth prospects of the shield tunnel
boring machine market for 2017-2025 along with
the global sales and global revenue of the Shield
TBM. We calculated the market size and revenue
share on the basis of revenue generated from
major players across the globe.
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4Global Shield Tunnel Boring Machine Market
2017-2025
- Global Shield Tunnel Boring Machine Market
Segmentation - 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
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5Global Shield Tunnel Boring Machine Market
2017-2025
- Based on Geography
- North America (U.S. Canada) Shield Tunnel
Boring Machine Market Market Share (), Market
Size (USD Billion) - Latin America (Brazil, Mexico, Argentina Rest
of Latin America) Shield Tunnel Boring Machine
Market Market Share (), Market Size (USD
Billion) - Europe (The U.K., Germany, France, Italy,
Hungary, Spain, Poland, Sweden RoE) Shield
Tunnel Boring Machine Market Market Share (),
Market Size (USD Billion) - Asia-Pacific (China, India, Japan, Singapore,
South Korea, Australia, New Zealand, Rest of
Asia) Shield Tunnel Boring Machine Market
Market Share (), Market Size (USD Billion) - Middle East Africa (GCC, South Africa, North
Africa, RoMEA) Shield Tunnel Boring Machine
Market Market Share (), Market Size (USD
Billion)
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6Global Shield Tunnel Boring Machine Market
2017-2025
Shield TBM Market Trends, Drivers and
Challenges With the growth in population there
is lack of space for commutation, there is rising
trend in construction of subways. Such as in
China and Taiwan over past 3 decades, subway
system is being intensively developed, which is
expected to reach 40 complete subway systems by
2020. The advancement in technology for upgrading
the present transportation system and future
possibilities are driving the growing demand for
shield TBM. Elon Musk, owner of Tesla and SpaceX,
has entered into tunneling industry with
futuristic view of Hyperloop technology, a future
mass transportation concept, which could carry
passengers in a pod through a high-speed vacuum
tunnel. Global Shield Tunnel Boring Machine
Market Analysis Based on geography, Europe
accounted for largest market share of 36.2 in
2017 of the total global shield tunnel boring
machine. The major manufacturers of shield TBM
are headquartered in Europe such as Herrenknecht
headquarters in Germany. Asia-Pacific Shield
tunnel boring machine market is expected to grow
at fastest rate of 8.45 annually over the
forecast period. Asia-Pacific region is
experiencing highest number of tunnel
construction mainly in countries such as China,
India, Japan, Malaysia, Vietnam, Philippines,
Uzbekistan and Kazakhstan. In 2016, China
completed its first longest tunnel project from
China to Uzbekistan of total 47.3 km length,
promoting the growth of Uzbekistan railway and
local economy.
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7Global Shield Tunnel Boring Machine Market
2017-2025
About Goldstein Research Based in U.S., Goldstein
Research is a young business consulting company
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East. In the next five years, we strive to
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and strategies, which would add to your
profitability and market visibility as a
brand. 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 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.
8Global Shield Tunnel Boring Machine Market
2017-2025
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9Global Shield Tunnel Boring Machine Market
2017-2025
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