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Tunnel Boring Machine

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 machines 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 we did include all of them.

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Product & engineering

Understand the product.

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 machines 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 we did include all of them.

Selected research

Industry Growth & Trends

Global Tunnel Boring Machine Industry Growth and Trends Forecast to 2032

1 January 2026109 pages

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Industry ResearchTunnel Boring Machine Industry Research Report 2026121 pages · $2,950 USDIndustry Growth & TrendsGlobal Tunnel Boring Machine Industry Growth and Trends Forecast to 2032109 pages · $3,450 USDMarket StructureGlobal Tunnel Boring Machine Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032195 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Tunnel Boring Machine Market Outlook and Growth Opportunities 2026196 pages · $4,250 USDMarket Analysis & ForecastGlobal Tunnel Boring Machine Market Analysis and Forecast 2026-2032214 pages · $4,950 USD

Market perspective

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 machines 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 we did include all of them.

The major players in global Tunnel Boring Machine market include Herrenknecht, CRGIC, CRCHI, etc. The top 3 players occupy about 40% shares of the global market. China and Europe are main markets, they occupy about 80% of the global market. Soft Ground TBMs is the main type, with a share about 70%. City Rail System is the main application, which holds a share about 55%.

Report Scope

Read the full market overview

This report provides a structured, data-driven view of the global Tunnel Boring Machine market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Tunnel Boring Machine market size, estimates, and forecasts are presented in terms of sales volume (Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Tunnel Boring Machine market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Tunnel Boring Machine.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Tunnel Boring Machine market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Tunnel Boring Machine Market by Company

Herrenknecht

CRGIC

CRCHI

Tianhe Mechanical Equipment

Liaoning Censcience Industry Co., Ltd

Komatsu

NHI Group

Kawasaki

Terratec

Hitachi Zosen

Shanghai Tunnel Engineering Co., Ltd

Xugong Kaigong

JIMT

Tunnel Boring Machine Segment by Type

Soft Ground TBMs

Hard Rock TBMs

Tunnel Boring Machine Segment by Application

Railway and Highway

Municipal Engineering

City ​​Rail System

Others

Tunnel Boring Machine 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

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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 Tunnel Boring Machine 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 Tunnel Boring Machine 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 Tunnel Boring Machine.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces 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 3: Detailed analysis of Tunnel Boring Machine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Tunnel Boring Machine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of Soft Ground TBMs Table 2. Major Company of Hard Rock TBMs Table 3. Global Tunnel Boring Machine Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 4. Global Tunnel Boring Machine Sales by Type (2021-2026) & (Units) Table 5. Global Tunnel Boring Machine Sales Market Share in Volume by Type (2021-2026) Table 6. Global Tunnel Boring Machine Sales by Type (2021-2026) & (US$ Million) Table 7. Global Tunnel Boring Machine Sales Market Share in Value by Type (2021-2026) Table 8. Global Tunnel Boring Machine Price by Type (2021-2026) & (M US$/Unit) Table 9. Global Tunnel Boring Machine Sales by Type (2027-2032) & (Units) Table 10. Global Tunnel Boring Machine Sales Market Share in Volume by Type (2027-2032) Table 11. Global Tunnel Boring Machine Sales by Type (2027-2032) & (US$ Million) Table 12. Global Tunnel Boring Machine Sales Market Share in Value by Type (2027-2032) Table 13. Global Tunnel Boring Machine Price by Type (2027-2032) & (M US$/Unit) Table 14. North America Tunnel Boring Machine Sales by Type (2021-2026) & (Units) Table 15. North America Tunnel Boring Machine Sales by Type (2021-2026) & (US$ Million) Table 16. Europe Tunnel Boring Machine Sales by Type (2021-2026) & (Units) Table 17. Europe Tunnel Boring Machine Sales by Type (2021-2026) & (US$ Million) Table 18. Asia-Pacific Tunnel Boring Machine Sales by Type (2021-2026) & (Units) Table 19. Asia-Pacific Tunnel Boring Machine Sales by Type (2021-2026) & (US$ Million) Table 20. Latin America Tunnel Boring Machine Sales by Type (2021-2026) & (Units) Table 21. Latin America Tunnel Boring Machine Sales by Type (2021-2026) & (US$ Million) Table 22. Middle East and Africa Tunnel Boring Machine Sales by Type (2021-2026) & (Units) Table 23. Middle East and Africa Tunnel Boring Machine Sales by Type (2021-2026) & (US$ Million) Table 24. Tunnel Boring Machine Industry Trends Table 25. Tunnel Boring Machine Industry Drivers Table 26. Tunnel Boring Machine Industry Opportunities and Challenges Table 27. Tunnel Boring Machine Industry Restraints Table 28. Global Tunnel Boring Machine Sales Revenue by Company (US$ Million) & (2021-2026) Table 29. Global Tunnel Boring Machine Revenue Market Share by Company (2021-2026) Table 30. Global Tunnel Boring Machine Sales by Company (2021-2026) & (Units) Table 31. Global Tunnel Boring Machine Sales Share by Company (2021-2026) Table 32. Global Tunnel Boring Machine Market Price by Company (2021-2026) & (M US$/Unit) Table 33. Global Tunnel Boring Machine Industry Company Ranking, 2024 VS 2025 VS 2026 Table 34. Global Tunnel Boring Machine Major Company Production Sites and Headquarters Table 35. Global Tunnel Boring Machine Company, Product Type & Application Table 36. Global Tunnel Boring Machine Company Establishment Date Table 37. Global Company Market Concentration Ratio (CR5 and HHI) Table 38. Global Tunnel Boring Machine by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 39. Global Tunnel Boring Machine Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 40. Global Tunnel Boring Machine Sales by Region (2021-2026) & (Units) Table 41. Global Tunnel Boring Machine Sales Market Share in Volume by Region (2021-2026) Table 42. Global Tunnel Boring Machine Sales by Region (2021-2026) & (US$ Million) Table 43. Global Tunnel Boring Machine Sales Market Share in Value by Region (2021-2026) Table 44. Global Tunnel Boring Machine Sales (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 45. Global Tunnel Boring Machine Sales by Region (2027-2032) & (Units) Table 46. Global Tunnel Boring Machine Sales Market Share in Volume by Region (2027-2032) Table 47. Global Tunnel Boring Machine Sales by Region (2027-2032) & (US$ Million) Table 48. Global Tunnel Boring Machine Sales Market Share in Value by Region (2027-2032) Table 49. Global Tunnel Boring Machine Sales (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2027-2032) Table 50. Global Tunnel Boring Machine Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 51. Global Tunnel Boring Machine Sales by Application (2021-2026) & (Units) Table 52. Global Tunnel Boring Machine Sales Market Share in Volume by Application (2021-2026) Table 53. Global Tunnel Boring Machine Sales by Application (2021-2026) & (US$ Million) Table 54. Global Tunnel Boring Machine Sales Market Share in Value by Application (2021-2026) Table 55. Global Tunnel Boring Machine Price by Application (2021-2026) & (M US$/Unit) Table 56. Global Tunnel Boring Machine Sales by Application (2027-2032) & (Units) Table 57. Global Tunnel Boring Machine Sales Market Share in Volume by Application (2027-2032) Table 58. Global Tunnel Boring Machine Sales by Application (2027-2032) & (US$ Million) Table 59. Global Tunnel Boring Machine Sales Market Share in Value by Application (2027-2032) Table 60. Global Tunnel Boring Machine Price by Application (2027-2032) & (M US$/Unit) Table 61. North America Tunnel Boring Machine Sales by Application (2021-2026) & (Units) Table 62. North America Tunnel Boring Machine Sales by Application (2021-2026) & (US$ Million) Table 63. Europe Tunnel Boring Machine Sales by Application (2021-2026) & (Units) Table 64. Europe Tunnel Boring Machine Sales by Application (2021-2026) & (US$ Million) Table 65. Asia-Pacific Tunnel Boring Machine Sales by Application (2021-2026) & (Units) Table 66. Asia-Pacific Tunnel Boring Machine Sales by Application (2021-2026) & (US$ Million) Table 67. Latin America Tunnel Boring Machine Sales by Application (2021-2026) & (Units) Table 68. Latin America Tunnel Boring Machine Sales by Application (2021-2026) & (US$ Million) Table 69. Middle East and Africa Tunnel Boring Machine Sales by Application (2021-2026) & (Units) Table 70. Middle East and Africa Tunnel Boring Machine Sales by Application (2021-2026) & (US$ Million) Table 71. Herrenknecht Company Information Table 72. Herrenknecht Business Overview Table 73. Herrenknecht Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 74. Herrenknecht Tunnel Boring Machine Product Portfolio Table 75. Herrenknecht Recent Development Table 76. CRGIC Company Information Table 77. CRGIC Business Overview Table 78. CRGIC Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 79. CRGIC Tunnel Boring Machine Product Portfolio Table 80. CRGIC Recent Development Table 81. CRCHI Company Information Table 82. CRCHI Business Overview Table 83. CRCHI Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 84. CRCHI Tunnel Boring Machine Product Portfolio Table 85. CRCHI Recent Development Table 86. Tianhe Mechanical Equipment Company Information Table 87. Tianhe Mechanical Equipment Business Overview Table 88. Tianhe Mechanical Equipment Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 89. Tianhe Mechanical Equipment Tunnel Boring Machine Product Portfolio Table 90. Tianhe Mechanical Equipment Recent Development Table 91. Liaoning Censcience Industry Co., Ltd Company Information Table 92. Liaoning Censcience Industry Co., Ltd Business Overview Table 93. Liaoning Censcience Industry Co., Ltd Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 94. Liaoning Censcience Industry Co., Ltd Tunnel Boring Machine Product Portfolio Table 95. Liaoning Censcience Industry Co., Ltd Recent Development Table 96. Komatsu Company Information Table 97. Komatsu Business Overview Table 98. Komatsu Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 99. Komatsu Tunnel Boring Machine Product Portfolio Table 100. Komatsu Recent Development Table 101. NHI Group Company Information Table 102. NHI Group Business Overview Table 103. NHI Group Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 104. NHI Group Tunnel Boring Machine Product Portfolio Table 105. NHI Group Recent Development Table 106. Kawasaki Company Information Table 107. Kawasaki Business Overview Table 108. Kawasaki Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 109. Kawasaki Tunnel Boring Machine Product Portfolio Table 110. Kawasaki Recent Development Table 111. Terratec Company Information Table 112. Terratec Business Overview Table 113. Terratec Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 114. Terratec Tunnel Boring Machine Product Portfolio Table 115. Terratec Recent Development Table 116. Hitachi Zosen Company Information Table 117. Hitachi Zosen Business Overview Table 118. Hitachi Zosen Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 119. Hitachi Zosen Tunnel Boring Machine Product Portfolio Table 120. Hitachi Zosen Recent Development Table 121. Shanghai Tunnel Engineering Co., Ltd Company Information Table 122. Shanghai Tunnel Engineering Co., Ltd Business Overview Table 123. Shanghai Tunnel Engineering Co., Ltd Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 124. Shanghai Tunnel Engineering Co., Ltd Tunnel Boring Machine Product Portfolio Table 125. Shanghai Tunnel Engineering Co., Ltd Recent Development Table 126. Xugong Kaigong Company Information Table 127. Xugong Kaigong Business Overview Table 128. Xugong Kaigong Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 129. Xugong Kaigong Tunnel Boring Machine Product Portfolio Table 130. Xugong Kaigong Recent Development Table 131. JIMT Company Information Table 132. JIMT Business Overview Table 133. JIMT Tunnel Boring Machine Sales (Units), Revenue (US$ Million), Price (M US$/Unit) and Gross Margin (2021-2026) Table 134. JIMT Tunnel Boring Machine Product Portfolio Table 135. JIMT Recent Development Table 136. North America Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country (Units): 2021 VS 2025 VS 2032 Table 137. North America Tunnel Boring Machine Sales by Country (2021-2026) & (Units) Table 138. North America Tunnel Boring Machine Sales Market Share by Country (2021-2026) Table 139. North America Tunnel Boring Machine Sales Forecast by Country (2027-2032) & (Units) Table 140. North America Tunnel Boring Machine Sales Market Share Forecast by Country (2027-2032) Table 141. North America Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 142. North America Tunnel Boring Machine Market Size by Country (2021-2026) & (US$ Million) Table 143. North America Tunnel Boring Machine Market Share by Country (2021-2026) Table 144. North America Tunnel Boring Machine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 145. North America Tunnel Boring Machine Market Share Forecast by Country (2027-2032) Table 146. Europe Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country (Units): 2021 VS 2025 VS 2032 Table 147. Europe Tunnel Boring Machine Sales by Country (2021-2026) & (Units) Table 148. Europe Tunnel Boring Machine Sales Market Share by Country (2021-2026) Table 149. Europe Tunnel Boring Machine Sales Forecast by Country (2027-2032) & (Units) Table 150. Europe Tunnel Boring Machine Sales Market Share Forecast by Country (2027-2032) Table 151. Europe Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 152. Europe Tunnel Boring Machine Market Size by Country (2021-2026) & (US$ Million) Table 153. Europe Tunnel Boring Machine Market Share by Country (2021-2026) Table 154. Europe Tunnel Boring Machine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 155. Europe Tunnel Boring Machine Market Share Forecast by Country (2027-2032) Table 156. Asia-Pacific Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country (Units): 2021 VS 2025 VS 2032 Table 157. Asia-Pacific Tunnel Boring Machine Sales by Country (2021-2026) & (Units) Table 158. Asia-Pacific Tunnel Boring Machine Sales Market Share by Country (2021-2026) Table 159. Asia-Pacific Tunnel Boring Machine Sales Forecast by Country (2027-2032) & (Units) Table 160. Asia-Pacific Tunnel Boring Machine Sales Market Share Forecast by Country (2027-2032) Table 161. Asia-Pacific Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 162. Asia-Pacific Tunnel Boring Machine Market Size by Country (2021-2026) & (US$ Million) Table 163. Asia-Pacific Tunnel Boring Machine Market Share by Country (2021-2026) Table 164. Asia-Pacific Tunnel Boring Machine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 165. Asia-Pacific Tunnel Boring Machine Market Share Forecast by Country (2027-2032) Table 166. Latin America Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country (Units): 2021 VS 2025 VS 2032 Table 167. Latin America Tunnel Boring Machine Sales by Country (2021-2026) & (Units) Table 168. Latin America Tunnel Boring Machine Sales Market Share by Country (2021-2026) Table 169. Latin America Tunnel Boring Machine Sales Forecast by Country (2027-2032) & (Units) Table 170. Latin America Tunnel Boring Machine Sales Market Share Forecast by Country (2027-2032) Table 171. Latin America Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 172. Latin America Tunnel Boring Machine Market Size by Country (2021-2026) & (US$ Million) Table 173. Latin America Tunnel Boring Machine Market Share by Country (2021-2026) Table 174. Latin America Tunnel Boring Machine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 175. Latin America Tunnel Boring Machine Market Share Forecast by Country (2027-2032) Table 176. Middle East and Africa Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country (Units): 2021 VS 2025 VS 2032 Table 177. Middle East and Africa Tunnel Boring Machine Sales by Country (2021-2026) & (Units) Table 178. Middle East and Africa Tunnel Boring Machine Sales Market Share by Country (2021-2026) Table 179. Middle East and Africa Tunnel Boring Machine Sales Forecast by Country (2027-2032) & (Units) Table 180. Middle East and Africa Tunnel Boring Machine Sales Market Share Forecast by Country (2027-2032) Table 181. Middle East and Africa Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 182. Middle East and Africa Tunnel Boring Machine Market Size by Country (2021-2026) & (US$ Million) Table 183. Middle East and Africa Tunnel Boring Machine Market Share by Country (2021-2026) Table 184. Middle East and Africa Tunnel Boring Machine Market Size Forecast by Country (2027-2032) & (US$ Million) Table 185. Middle East and Africa Tunnel Boring Machine Market Share Forecast by Country (2027-2032) Table 186. Key Raw Materials Table 187. Raw Materials Key Suppliers Table 188. Tunnel Boring Machine Distributors List Table 189. Tunnel Boring Machine Customers List Table 190. Research Programs/Design for This Report Table 191. Authors List of This Report Table 192. Secondary Sources Table 193. Primary Sources List of Figures Figure 1. Tunnel Boring Machine Image Figure 2. Global Tunnel Boring Machine Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Tunnel Boring Machine Market Size (2021-2032) & (US$ Million) Figure 4. Global Tunnel Boring Machine Sales (2021-2032) & (Units) Figure 5. Soft Ground TBMs Image Figure 6. Global Soft Ground TBMs Sales YoY Growth (2021-2032) & (Units) Figure 7. Hard Rock TBMs Image Figure 8. Global Hard Rock TBMs Sales YoY Growth (2021-2032) & (Units) Figure 9. Global Tunnel Boring Machine Market Size Overview by Type (2021-2032) & (US$ Million) Figure 10. Global Tunnel Boring Machine Market Share by Type 2025 VS 2032 Figure 11. North America Tunnel Boring Machine Sales Market Share in Volume by Type in 2025 Figure 12. North America Tunnel Boring Machine Sales Market Share in Value by Type in 2025 Figure 13. Europe Tunnel Boring Machine Sales Market Share in Volume by Type in 2025 Figure 14. Europe Tunnel Boring Machine Sales Market Share in Value by Type in 2025 Figure 15. Asia-Pacific Tunnel Boring Machine Sales Market Share in Volume by Type in 2025 Figure 16. Asia-Pacific Tunnel Boring Machine Sales Market Share in Value by Type in 2025 Figure 17. Latin America Tunnel Boring Machine Sales Market Share in Volume by Type in 2025 Figure 18. Latin America Tunnel Boring Machine Sales Market Share in Value by Type in 2025 Figure 19. Middle East and Africa Tunnel Boring Machine Sales Market Share in Volume by Type in 2025 Figure 20. Middle East and Africa Tunnel Boring Machine Sales Market Share in Value by Type in 2025 Figure 21. Global Top 5 and 10 Tunnel Boring Machine Players Market Share by Revenue in 2025 Figure 22. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 23. Railway and Highway Image Figure 24. Global Railway and Highway Sales YoY Growth (2021-2032) & (Units) Figure 25. Municipal Engineering Image Figure 26. Global Municipal Engineering Sales YoY Growth (2021-2032) & (Units) Figure 27. City ​​Rail System Image Figure 28. Global City ​​Rail System Sales YoY Growth (2021-2032) & (Units) Figure 29. Others Image Figure 30. Global Others Sales YoY Growth (2021-2032) & (Units) Figure 31. Global Tunnel Boring Machine Market Size Overview by Application (2021-2032) & (US$ Million) Figure 32. Global Tunnel Boring Machine Market Share by Application 2025 VS 2032 Figure 33. North America Tunnel Boring Machine Sales Market Share in Volume by Application in 2025 Figure 34. North America Tunnel Boring Machine Sales Market Share in Value by Application in 2025 Figure 35. Europe Tunnel Boring Machine Sales Market Share in Volume by Application in 2025 Figure 36. Europe Tunnel Boring Machine Sales Market Share in Value by Application in 2025 Figure 37. Asia-Pacific Tunnel Boring Machine Sales Market Share in Volume by Application in 2025 Figure 38. Asia-Pacific Tunnel Boring Machine Sales Market Share in Value by Application in 2025 Figure 39. Latin America Tunnel Boring Machine Sales Market Share in Volume by Application in 2025 Figure 40. Latin America Tunnel Boring Machine Sales Market Share in Value by Application in 2025 Figure 41. Middle East and Africa Tunnel Boring Machine Sales Market Share in Volume by Application in 2025 Figure 42. Middle East and Africa Tunnel Boring Machine Sales Market Share in Value by Application in 2025 Figure 43. North America Tunnel Boring Machine Sales by Country: 2021 VS 2025 VS 2032 (Units) Figure 44. North America Tunnel Boring Machine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 45. North America Tunnel Boring Machine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 46. North America Tunnel Boring Machine Market Share by Country: 2021 VS 2025 VS 2032 Figure 47. Europe Tunnel Boring Machine Sales by Country: 2021 VS 2025 VS 2032 (Units) Figure 48. Europe Tunnel Boring Machine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 49. Europe Tunnel Boring Machine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 50. Europe Tunnel Boring Machine Market Share by Country: 2021 VS 2025 VS 2032 Figure 51. Asia-Pacific Tunnel Boring Machine Sales by Country: 2021 VS 2025 VS 2032 (Units) Figure 52. Asia-Pacific Tunnel Boring Machine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 53. Asia-Pacific Tunnel Boring Machine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 54. Asia-Pacific Tunnel Boring Machine Market Share by Country: 2021 VS 2025 VS 2032 Figure 55. Latin America Tunnel Boring Machine Sales by Country: 2021 VS 2025 VS 2032 (Units) Figure 56. Latin America Tunnel Boring Machine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 57. Latin America Tunnel Boring Machine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 58. Latin America Tunnel Boring Machine Market Share by Country: 2021 VS 2025 VS 2032 Figure 59. Middle East and Africa Tunnel Boring Machine Sales by Country: 2021 VS 2025 VS 2032 (Units) Figure 60. Middle East and Africa Tunnel Boring Machine Sales Share by Country: 2021 VS 2025 VS 2032 Figure 61. Middle East and Africa Tunnel Boring Machine Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 62. Middle East and Africa Tunnel Boring Machine Market Share by Country: 2021 VS 2025 VS 2032 Figure 63. Tunnel Boring Machine Value Chain Figure 64. Key Raw Materials Price Figure 65. Manufacturing Cost Structure Figure 66. Tunnel Boring Machine Production Mode & Process Figure 67. Direct Comparison with Distribution Share Figure 68. Distributors Profiles Figure 69. Years Considered Figure 70. Research Process Figure 71. Key Executives Interviewed

Scope & coverage.

Types
  • Soft Ground TBMs
  • Hard Rock TBMs
Applications
  • Railway and Highway
  • Municipal Engineering
  • City ​​Rail System
  • Others
Companies covered
  • Herrenknecht
  • CRGIC
  • CRCHI
  • Tianhe Mechanical Equipment
  • Liaoning Censcience Industry Co., Ltd
  • Komatsu
  • NHI Group
  • Kawasaki
  • Terratec
  • Hitachi Zosen
  • Shanghai Tunnel Engineering Co., Ltd
  • Xugong Kaigong
  • JIMT

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Tunnel Boring Machine Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Tunnel Boring Machine Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Tunnel Boring Machine Market by Type
  6. 1.3.1 Soft Ground TBMs
  7. 1.3.2 Hard Rock TBMs
  8. 1.4 Global Tunnel Boring Machine Market Size by Type
  9. 1.4.1 Global Tunnel Boring Machine Market Size Overview by Type (2021-2032)
  10. 1.4.2 Global Tunnel Boring Machine Historic Market Size Review by Type (2021-2026)
  11. 1.4.3 Global Tunnel Boring Machine Forecasted Market Size by Type (2027-2032)
  12. 1.5 Key Regions Market Size by Type
  13. 1.5.1 North America Tunnel Boring Machine Sales Breakdown by Type (2021-2026)
  14. 1.5.2 Europe Tunnel Boring Machine Sales Breakdown by Type (2021-2026)
  15. 1.5.3 Asia-Pacific Tunnel Boring Machine Sales Breakdown by Type (2021-2026)
  16. 1.5.4 South America Tunnel Boring Machine Sales Breakdown by Type (2021-2026)
  17. 1.5.5 Middle East and Africa Tunnel Boring Machine Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Tunnel Boring Machine Industry Trends
  2. 2.2 Tunnel Boring Machine Industry Drivers
  3. 2.3 Tunnel Boring Machine Industry Opportunities and Challenges
  4. 2.4 Tunnel Boring Machine Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Tunnel Boring Machine Revenue (2021-2026)
  2. 3.2 Global Top Players by Tunnel Boring Machine Sales (2021-2026)
  3. 3.3 Global Top Players by Tunnel Boring Machine Price (2021-2026)
  4. 3.4 Global Tunnel Boring Machine Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Tunnel Boring Machine Major Company Production Sites & Headquarters
  6. 3.6 Global Tunnel Boring Machine Company, Product Type & Application
  7. 3.7 Global Tunnel Boring Machine Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Tunnel Boring Machine Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Tunnel Boring Machine Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Tunnel Boring Machine Tier 1, Tier 2, and Tier 3
4 Tunnel Boring Machine Regional Status and Outlook
  1. 4.1 Global Tunnel Boring Machine Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Tunnel Boring Machine Historic Market Size by Region
  3. 4.2.1 Global Tunnel Boring Machine Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Tunnel Boring Machine Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Tunnel Boring Machine Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Tunnel Boring Machine Forecasted Market Size by Region
  7. 4.3.1 Global Tunnel Boring Machine Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Tunnel Boring Machine Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Tunnel Boring Machine Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Tunnel Boring Machine by Application
  1. 5.1 Tunnel Boring Machine Market by Application
  2. 5.1.1 Railway and Highway
  3. 5.1.2 Municipal Engineering
  4. 5.1.3 City ​​Rail System
  5. 5.1.4 Others
  6. 5.2 Global Tunnel Boring Machine Market Size by Application
  7. 5.2.1 Global Tunnel Boring Machine Market Size Overview by Application (2021-2032)
  8. 5.2.2 Global Tunnel Boring Machine Historic Market Size Review by Application (2021-2026)
  9. 5.2.3 Global Tunnel Boring Machine Forecasted Market Size by Application (2027-2032)
  10. 5.3 Key Regions Market Size by Application
  11. 5.3.1 North America Tunnel Boring Machine Sales Breakdown by Application (2021-2026)
  12. 5.3.2 Europe Tunnel Boring Machine Sales Breakdown by Application (2021-2026)
  13. 5.3.3 Asia-Pacific Tunnel Boring Machine Sales Breakdown by Application (2021-2026)
  14. 5.3.4 South America Tunnel Boring Machine Sales Breakdown by Application (2021-2026)
  15. 5.3.5 Middle East and Africa Tunnel Boring Machine Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Herrenknecht
  2. 6.1.1 Herrenknecht Company Information
  3. 6.1.2 Herrenknecht Business Overview
  4. 6.1.3 Herrenknecht Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Herrenknecht Tunnel Boring Machine Product Portfolio
  6. 6.1.5 Herrenknecht Recent Developments
  7. 6.2 CRGIC
  8. 6.2.1 CRGIC Company Information
  9. 6.2.2 CRGIC Business Overview
  10. 6.2.3 CRGIC Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 CRGIC Tunnel Boring Machine Product Portfolio
  12. 6.2.5 CRGIC Recent Developments
  13. 6.3 CRCHI
  14. 6.3.1 CRCHI Company Information
  15. 6.3.2 CRCHI Business Overview
  16. 6.3.3 CRCHI Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 CRCHI Tunnel Boring Machine Product Portfolio
  18. 6.3.5 CRCHI Recent Developments
  19. 6.4 Tianhe Mechanical Equipment
  20. 6.4.1 Tianhe Mechanical Equipment Company Information
  21. 6.4.2 Tianhe Mechanical Equipment Business Overview
  22. 6.4.3 Tianhe Mechanical Equipment Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 Tianhe Mechanical Equipment Tunnel Boring Machine Product Portfolio
  24. 6.4.5 Tianhe Mechanical Equipment Recent Developments
  25. 6.5 Liaoning Censcience Industry Co., Ltd
  26. 6.5.1 Liaoning Censcience Industry Co., Ltd Company Information
  27. 6.5.2 Liaoning Censcience Industry Co., Ltd Business Overview
  28. 6.5.3 Liaoning Censcience Industry Co., Ltd Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Liaoning Censcience Industry Co., Ltd Tunnel Boring Machine Product Portfolio
  30. 6.5.5 Liaoning Censcience Industry Co., Ltd Recent Developments
  31. 6.6 Komatsu
  32. 6.6.1 Komatsu Company Information
  33. 6.6.2 Komatsu Business Overview
  34. 6.6.3 Komatsu Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Komatsu Tunnel Boring Machine Product Portfolio
  36. 6.6.5 Komatsu Recent Developments
  37. 6.7 NHI Group
  38. 6.7.1 NHI Group Company Information
  39. 6.7.2 NHI Group Business Overview
  40. 6.7.3 NHI Group Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 NHI Group Tunnel Boring Machine Product Portfolio
  42. 6.7.5 NHI Group Recent Developments
  43. 6.8 Kawasaki
  44. 6.8.1 Kawasaki Company Information
  45. 6.8.2 Kawasaki Business Overview
  46. 6.8.3 Kawasaki Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 Kawasaki Tunnel Boring Machine Product Portfolio
  48. 6.8.5 Kawasaki Recent Developments
  49. 6.9 Terratec
  50. 6.9.1 Terratec Company Information
  51. 6.9.2 Terratec Business Overview
  52. 6.9.3 Terratec Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Terratec Tunnel Boring Machine Product Portfolio
  54. 6.9.5 Terratec Recent Developments
  55. 6.10 Hitachi Zosen
  56. 6.10.1 Hitachi Zosen Company Information
  57. 6.10.2 Hitachi Zosen Business Overview
  58. 6.10.3 Hitachi Zosen Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Hitachi Zosen Tunnel Boring Machine Product Portfolio
  60. 6.10.5 Hitachi Zosen Recent Developments
  61. 6.11 Shanghai Tunnel Engineering Co., Ltd
  62. 6.11.1 Shanghai Tunnel Engineering Co., Ltd Company Information
  63. 6.11.2 Shanghai Tunnel Engineering Co., Ltd Business Overview
  64. 6.11.3 Shanghai Tunnel Engineering Co., Ltd Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 Shanghai Tunnel Engineering Co., Ltd Tunnel Boring Machine Product Portfolio
  66. 6.11.5 Shanghai Tunnel Engineering Co., Ltd Recent Developments
  67. 6.12 Xugong Kaigong
  68. 6.12.1 Xugong Kaigong Company Information
  69. 6.12.2 Xugong Kaigong Business Overview
  70. 6.12.3 Xugong Kaigong Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  71. 6.12.4 Xugong Kaigong Tunnel Boring Machine Product Portfolio
  72. 6.12.5 Xugong Kaigong Recent Developments
  73. 6.13 JIMT
  74. 6.13.1 JIMT Company Information
  75. 6.13.2 JIMT Business Overview
  76. 6.13.3 JIMT Tunnel Boring Machine Sales, Revenue and Gross Margin (2021-2026)
  77. 6.13.4 JIMT Tunnel Boring Machine Product Portfolio
  78. 6.13.5 JIMT Recent Developments
7 North America by Country
  1. 7.1 North America Tunnel Boring Machine Sales by Country
  2. 7.1.1 North America Tunnel Boring Machine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Tunnel Boring Machine Sales by Country (2021-2026)
  4. 7.1.3 North America Tunnel Boring Machine Sales Forecast by Country (2027-2032)
  5. 7.2 North America Tunnel Boring Machine Market Size by Country
  6. 7.2.1 North America Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Tunnel Boring Machine Market Size by Country (2021-2026)
  8. 7.2.3 North America Tunnel Boring Machine Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Tunnel Boring Machine Sales by Country
  2. 8.1.1 Europe Tunnel Boring Machine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Tunnel Boring Machine Sales by Country (2021-2026)
  4. 8.1.3 Europe Tunnel Boring Machine Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Tunnel Boring Machine Market Size by Country
  6. 8.2.1 Europe Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Tunnel Boring Machine Market Size by Country (2021-2026)
  8. 8.2.3 Europe Tunnel Boring Machine Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Tunnel Boring Machine Sales by Country
  2. 9.1.1 Asia-Pacific Tunnel Boring Machine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Tunnel Boring Machine Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Tunnel Boring Machine Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Tunnel Boring Machine Market Size by Country
  6. 9.2.1 Asia-Pacific Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Tunnel Boring Machine Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Tunnel Boring Machine Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Tunnel Boring Machine Sales by Country
  2. 10.1.1 South America Tunnel Boring Machine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Tunnel Boring Machine Sales by Country (2021-2026)
  4. 10.1.3 South America Tunnel Boring Machine Sales Forecast by Country (2027-2032)
  5. 10.2 South America Tunnel Boring Machine Market Size by Country
  6. 10.2.1 South America Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Tunnel Boring Machine Market Size by Country (2021-2026)
  8. 10.2.3 South America Tunnel Boring Machine Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Tunnel Boring Machine Sales by Country
  2. 11.1.1 Middle East and Africa Tunnel Boring Machine Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Tunnel Boring Machine Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Tunnel Boring Machine Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Tunnel Boring Machine Market Size by Country
  6. 11.2.1 Middle East and Africa Tunnel Boring Machine Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Tunnel Boring Machine Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Tunnel Boring Machine Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Tunnel Boring Machine Value Chain Analysis
  2. 12.1.1 Tunnel Boring Machine Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Tunnel Boring Machine Production Mode & Process
  7. 12.2 Tunnel Boring Machine Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Tunnel Boring Machine Distributors
  10. 12.2.3 Tunnel Boring Machine Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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