Selected research
Market Structure
Global Underground Tunneling Equipment Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Underground Tunneling Equipment market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for Underground Tunneling Equipment is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Underground Tunneling Equipment is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Underground Tunneling Equipment is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Underground Tunneling Equipment is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Underground Tunneling Equipment include CREG, CRCHI, Herrenknecht, NHI, LNSS, Tianhe, JIMT, Komatsu and Hitachi Zosen, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines Underground Tunneling Equipment output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Underground Tunneling Equipment by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Underground Tunneling Equipment market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Underground Tunneling Equipment and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Underground Tunneling Equipment sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Underground Tunneling Equipment market size, projected growth trends, production technologies, key applications, and end-use industries.
Underground Tunneling Equipment Segment by Company
CREG
CRCHI
Herrenknecht
NHI
LNSS
Tianhe
JIMT
Komatsu
Hitachi Zosen
Terratec
Kawasaki
STEC
LXCE
Sandvik
SANY
XCMG
Antraquip
Sunward
BBM
Famur
Mitsui Miike Machinery
Deilmann-Haniel Mining Systems (DHMS)
MSB Schmittwerke
Underground Tunneling Equipment Segment by Type
Roadheader
TBMs
Underground Tunneling Equipment Segment by Application
Underground Mining
Underground Municipal Engineering
Underground Transportation
Others
Underground Tunneling Equipment Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Underground Tunneling Equipment market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Underground Tunneling Equipment and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Underground Tunneling Equipment.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Underground Tunneling Equipment market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Underground Tunneling Equipment industry.
Chapter 3: Detailed analysis of Underground Tunneling Equipment market competition landscape. Including Underground Tunneling Equipment manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: 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 5: 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 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Underground Tunneling Equipment by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Underground Tunneling Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Roadheader
- TBMs
Applications
- Underground Mining
- Underground Municipal Engineering
- Underground Transportation
- Others
Companies covered
- CREG
- CRCHI
- Herrenknecht
- NHI
- LNSS
- Tianhe
- JIMT
- Komatsu
- Hitachi Zosen
- Terratec
- Kawasaki
- STEC
- LXCE
- Sandvik
- SANY
- XCMG
- Antraquip
- Sunward
- BBM
- Famur
- Mitsui Miike Machinery
- Deilmann-Haniel Mining Systems (DHMS)
- MSB Schmittwerke
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Underground Tunneling Equipment Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Underground Tunneling Equipment Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Underground Tunneling Equipment Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Underground Tunneling Equipment Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Underground Tunneling Equipment Market Dynamics
- 2.1 Underground Tunneling Equipment Industry Trends
- 2.2 Underground Tunneling Equipment Industry Drivers
- 2.3 Underground Tunneling Equipment Industry Opportunities and Challenges
- 2.4 Underground Tunneling Equipment Industry Restraints
3 Underground Tunneling Equipment Market by Manufacturers
- 3.1 Global Underground Tunneling Equipment Production Value by Manufacturers (2021-2026)
- 3.2 Global Underground Tunneling Equipment Production by Manufacturers (2021-2026)
- 3.3 Global Underground Tunneling Equipment Average Price by Manufacturers (2021-2026)
- 3.4 Global Underground Tunneling Equipment Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Underground Tunneling Equipment Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Underground Tunneling Equipment Manufacturers, Product Type & Application
- 3.7 Global Underground Tunneling Equipment Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Underground Tunneling Equipment Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Underground Tunneling Equipment Players Market Share by Production Value in 2025
- 3.8.3 2025 Underground Tunneling Equipment Tier 1, Tier 2, and Tier 3
4 Underground Tunneling Equipment Market by Type
- 4.1 Underground Tunneling Equipment Type Introduction
- 4.1.1 Roadheader
- 4.1.2 TBMs
- 4.2 Global Underground Tunneling Equipment Production by Type
- 4.2.1 Global Underground Tunneling Equipment Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Underground Tunneling Equipment Production by Type (2021-2032)
- 4.2.3 Global Underground Tunneling Equipment Production Market Share by Type (2021-2032)
- 4.3 Global Underground Tunneling Equipment Production Value by Type
- 4.3.1 Global Underground Tunneling Equipment Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Underground Tunneling Equipment Production Value by Type (2021-2032)
- 4.3.3 Global Underground Tunneling Equipment Production Value Market Share by Type (2021-2032)
5 Underground Tunneling Equipment Market by Application
- 5.1 Underground Tunneling Equipment Application Introduction
- 5.1.1 Underground Mining
- 5.1.2 Underground Municipal Engineering
- 5.1.3 Underground Transportation
- 5.1.4 Others
- 5.2 Global Underground Tunneling Equipment Production by Application
- 5.2.1 Global Underground Tunneling Equipment Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Underground Tunneling Equipment Production by Application (2021-2032)
- 5.2.3 Global Underground Tunneling Equipment Production Market Share by Application (2021-2032)
- 5.3 Global Underground Tunneling Equipment Production Value by Application
- 5.3.1 Global Underground Tunneling Equipment Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Underground Tunneling Equipment Production Value by Application (2021-2032)
- 5.3.3 Global Underground Tunneling Equipment Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 CREG
- 6.1.1 CREG Company Information
- 6.1.2 CREG Business Overview
- 6.1.3 CREG Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.1.4 CREG Underground Tunneling Equipment Product Portfolio
- 6.1.5 CREG Recent Developments
- 6.2 CRCHI
- 6.2.1 CRCHI Company Information
- 6.2.2 CRCHI Business Overview
- 6.2.3 CRCHI Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.2.4 CRCHI Underground Tunneling Equipment Product Portfolio
- 6.2.5 CRCHI Recent Developments
- 6.3 Herrenknecht
- 6.3.1 Herrenknecht Company Information
- 6.3.2 Herrenknecht Business Overview
- 6.3.3 Herrenknecht Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.3.4 Herrenknecht Underground Tunneling Equipment Product Portfolio
- 6.3.5 Herrenknecht Recent Developments
- 6.4 NHI
- 6.4.1 NHI Company Information
- 6.4.2 NHI Business Overview
- 6.4.3 NHI Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.4.4 NHI Underground Tunneling Equipment Product Portfolio
- 6.4.5 NHI Recent Developments
- 6.5 LNSS
- 6.5.1 LNSS Company Information
- 6.5.2 LNSS Business Overview
- 6.5.3 LNSS Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.5.4 LNSS Underground Tunneling Equipment Product Portfolio
- 6.5.5 LNSS Recent Developments
- 6.6 Tianhe
- 6.6.1 Tianhe Company Information
- 6.6.2 Tianhe Business Overview
- 6.6.3 Tianhe Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.6.4 Tianhe Underground Tunneling Equipment Product Portfolio
- 6.6.5 Tianhe Recent Developments
- 6.7 JIMT
- 6.7.1 JIMT Company Information
- 6.7.2 JIMT Business Overview
- 6.7.3 JIMT Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.7.4 JIMT Underground Tunneling Equipment Product Portfolio
- 6.7.5 JIMT Recent Developments
- 6.8 Komatsu
- 6.8.1 Komatsu Company Information
- 6.8.2 Komatsu Business Overview
- 6.8.3 Komatsu Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.8.4 Komatsu Underground Tunneling Equipment Product Portfolio
- 6.8.5 Komatsu Recent Developments
- 6.9 Hitachi Zosen
- 6.9.1 Hitachi Zosen Company Information
- 6.9.2 Hitachi Zosen Business Overview
- 6.9.3 Hitachi Zosen Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.9.4 Hitachi Zosen Underground Tunneling Equipment Product Portfolio
- 6.9.5 Hitachi Zosen Recent Developments
- 6.10 Terratec
- 6.10.1 Terratec Company Information
- 6.10.2 Terratec Business Overview
- 6.10.3 Terratec Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.10.4 Terratec Underground Tunneling Equipment Product Portfolio
- 6.10.5 Terratec Recent Developments
- 6.11 Kawasaki
- 6.11.1 Kawasaki Company Information
- 6.11.2 Kawasaki Business Overview
- 6.11.3 Kawasaki Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.11.4 Kawasaki Underground Tunneling Equipment Product Portfolio
- 6.11.5 Kawasaki Recent Developments
- 6.12 STEC
- 6.12.1 STEC Company Information
- 6.12.2 STEC Business Overview
- 6.12.3 STEC Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.12.4 STEC Underground Tunneling Equipment Product Portfolio
- 6.12.5 STEC Recent Developments
- 6.13 LXCE
- 6.13.1 LXCE Company Information
- 6.13.2 LXCE Business Overview
- 6.13.3 LXCE Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.13.4 LXCE Underground Tunneling Equipment Product Portfolio
- 6.13.5 LXCE Recent Developments
- 6.14 Sandvik
- 6.14.1 Sandvik Company Information
- 6.14.2 Sandvik Business Overview
- 6.14.3 Sandvik Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.14.4 Sandvik Underground Tunneling Equipment Product Portfolio
- 6.14.5 Sandvik Recent Developments
- 6.15 SANY
- 6.15.1 SANY Company Information
- 6.15.2 SANY Business Overview
- 6.15.3 SANY Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.15.4 SANY Underground Tunneling Equipment Product Portfolio
- 6.15.5 SANY Recent Developments
- 6.16 XCMG
- 6.16.1 XCMG Company Information
- 6.16.2 XCMG Business Overview
- 6.16.3 XCMG Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.16.4 XCMG Underground Tunneling Equipment Product Portfolio
- 6.16.5 XCMG Recent Developments
- 6.17 Antraquip
- 6.17.1 Antraquip Company Information
- 6.17.2 Antraquip Business Overview
- 6.17.3 Antraquip Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.17.4 Antraquip Underground Tunneling Equipment Product Portfolio
- 6.17.5 Antraquip Recent Developments
- 6.18 Sunward
- 6.18.1 Sunward Company Information
- 6.18.2 Sunward Business Overview
- 6.18.3 Sunward Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.18.4 Sunward Underground Tunneling Equipment Product Portfolio
- 6.18.5 Sunward Recent Developments
- 6.19 BBM
- 6.19.1 BBM Company Information
- 6.19.2 BBM Business Overview
- 6.19.3 BBM Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.19.4 BBM Underground Tunneling Equipment Product Portfolio
- 6.19.5 BBM Recent Developments
- 6.20 Famur
- 6.20.1 Famur Company Information
- 6.20.2 Famur Business Overview
- 6.20.3 Famur Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.20.4 Famur Underground Tunneling Equipment Product Portfolio
- 6.20.5 Famur Recent Developments
- 6.21 Mitsui Miike Machinery
- 6.21.1 Mitsui Miike Machinery Company Information
- 6.21.2 Mitsui Miike Machinery Business Overview
- 6.21.3 Mitsui Miike Machinery Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.21.4 Mitsui Miike Machinery Underground Tunneling Equipment Product Portfolio
- 6.21.5 Mitsui Miike Machinery Recent Developments
- 6.22 Deilmann-Haniel Mining Systems (DHMS)
- 6.22.1 Deilmann-Haniel Mining Systems (DHMS) Company Information
- 6.22.2 Deilmann-Haniel Mining Systems (DHMS) Business Overview
- 6.22.3 Deilmann-Haniel Mining Systems (DHMS) Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.22.4 Deilmann-Haniel Mining Systems (DHMS) Underground Tunneling Equipment Product Portfolio
- 6.22.5 Deilmann-Haniel Mining Systems (DHMS) Recent Developments
- 6.23 MSB Schmittwerke
- 6.23.1 MSB Schmittwerke Company Information
- 6.23.2 MSB Schmittwerke Business Overview
- 6.23.3 MSB Schmittwerke Underground Tunneling Equipment Production, Value and Gross Margin (2021-2026)
- 6.23.4 MSB Schmittwerke Underground Tunneling Equipment Product Portfolio
- 6.23.5 MSB Schmittwerke Recent Developments
7 Global Underground Tunneling Equipment Production by Region
- 7.1 Global Underground Tunneling Equipment Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Underground Tunneling Equipment Production by Region (2021-2032)
- 7.2.1 Global Underground Tunneling Equipment Production by Region (2021-2026)
- 7.2.2 Global Underground Tunneling Equipment Production Forecast by Region (2027-2032)
- 7.3 Global Underground Tunneling Equipment Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Underground Tunneling Equipment Production Value by Region (2021-2032)
- 7.4.1 Global Underground Tunneling Equipment Production Value by Region (2021-2026)
- 7.4.2 Global Underground Tunneling Equipment Production Value by Region (2027-2032)
- 7.5 Global Underground Tunneling Equipment Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Underground Tunneling Equipment Production Value (2021-2032)
- 7.6.2 Europe Underground Tunneling Equipment Production Value (2021-2032)
- 7.6.3 Asia-Pacific Underground Tunneling Equipment Production Value (2021-2032)
- 7.6.4 South America Underground Tunneling Equipment Production Value (2021-2032)
- 7.6.5 Middle East & Africa Underground Tunneling Equipment Production Value (2021-2032)
8 Global Underground Tunneling Equipment Consumption by Region
- 8.1 Global Underground Tunneling Equipment Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Underground Tunneling Equipment Consumption by Region (2021-2032)
- 8.2.1 Global Underground Tunneling Equipment Consumption by Region (2021-2026)
- 8.2.2 Global Underground Tunneling Equipment Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Underground Tunneling Equipment Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Underground Tunneling Equipment Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Underground Tunneling Equipment Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Underground Tunneling Equipment Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Underground Tunneling Equipment Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Underground Tunneling Equipment Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Underground Tunneling Equipment Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Underground Tunneling Equipment Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Underground Tunneling Equipment Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Underground Tunneling Equipment Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Underground Tunneling Equipment Value Chain Analysis
- 9.1.1 Underground Tunneling Equipment Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Underground Tunneling Equipment Production Mode & Process
- 9.2 Underground Tunneling Equipment Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Underground Tunneling Equipment Distributors
- 9.2.3 Underground Tunneling Equipment Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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