OVERVIEW
Vic Market Research Co., Ltd. is pleased to announce the release of the “Global and Chinese Tunnel Boring Machine (TBM) Market Insight Report 2025–2031.”
This comprehensive study is designed to provide a structured and in-depth analysis of the Tunnel Boring Machine (TBM) industry, both domestically and internationally, with a focus on the following key areas:
1.An overview and assessment of the current development status and emerging trends in the Tunnel Boring Machine (TBM) industry across global and Chinese markets.
2.Estimation of the overall market size of the Tunnel Boring Machine (TBM) industry, along with a detailed analysis of market share by major countries.
3.Evaluation of the development potential within various segments of the Tunnel Boring Machine (TBM) industry, analysis of downstream market demand, and an examination of the competitive landscape.
4.Identification and exploration of industry pain points, aiming to support stakeholders in addressing key challenges effectively.
This report integrates extensive desk research with qualitative interviews conducted with industry experts and insiders, ensuring both the objectivity and comprehensiveness of the findings and data.
The study provides a detailed examination of the production, consumption, import, and export dynamics of the Tunnel Boring Machine (TBM) market in China. It also highlights key global and domestic manufacturers that play a significant role in the Chinese market, presenting core performance indicators such as sales volume, revenue, pricing, gross margin, and market share.
Furthermore, the report delivers a thorough analysis of segmented growth within the Tunnel Boring Machine (TBM) product category, including differentiation by product types, pricing, sales, revenue, and application-specific market performance. Historical data from 2020 to 2024 is incorporated, with forward-looking projections extending through 2031.
In light of the significant uncertainty introduced by the U.S. tariff policy set to take effect in 2025, the report offers a dedicated analysis of its core impacts. This includes assessments of global and regional competitive dynamics, economic linkages, supply chain restructuring, and countries’ strategic responses. The report concludes with strategic recommendations and a forward-looking outlook for the Tunnel Boring Machine (TBM) market.
1. Key Global Players in the Tunnel Boring Machine (TBM) Industry:
Herrenknecht
CRGIC
CRCHI
Tianhe Mechanical Equipment
Liaoning Censcience Industry Co., Ltd
Komatsu
NHI Group
Kawasaki
IHI
Terratec
SELI
Tianye Tolian
Hitachi Zosen
Xugong Kaigong
STEC
JIMT
2.Global Tunnel Boring Machine (TBM) Market, Segmented by Product Type:
Soft Ground TBMs
Hard Rock TBMs
3. Global Tunnel Boring Machine (TBM) Market, Segmented by Application
City Rail System
Railway and Highway
Municipal Engineering
Others
4. Global Tunnel Boring Machine (TBM) Market, by Geographical Region:
North America (USA and Canada)
Europe (Germany, UK, France, Italy and other European countries)
Asia-Pacific (China, Japan, Korea, Taiwan, Southeast Asia, India, etc.)
Latin America (Mexico and Brazil, etc.)
Middle East and Africa (Turkey and Saudi Arabia, etc.)
I. Tunnel Boring Machine (TBM) Market Overview:
1.1 Product Definition and Statistical Scope
1.2 On the basis of different product types, Tunnel Boring Machine (TBM) can be mainly categorized as follows:
Global Growth Trend of Tunnel Boring Machine (TBM) by Product Type 2020 VS 2024 VS 2031
Soft Ground TBMs
Hard Rock TBMs
1.3 From different applications, Tunnel Boring Machine (TBM) mainly includes the following:
Global Different Applications Tunnel Boring Machine (TBM) Growth Trend 2020 VS 2024 VS 2031
City Rail System
Railway and Highway
Municipal Engineering
Others
1.4 Global Tunnel Boring Machine (TBM) Development Status and Future Trends (2020-2031)
Global Market Tunnel Boring Machine (TBM) Revenue and Growth Rate (2020-2031)
Global Market Tunnel Boring Machine (TBM) Sales and Growth Rate (2020-2031)
II. Global Market Major Tunnel Boring Machine (TBM) Manufacturers Analysis:
2.1 Global Market Key Manufacturers Tunnel Boring Machine (TBM) Sales and Market Share
Global Market Key Manufacturers Tunnel Boring Machine (TBM) Sales (2020-2025)
Global Market Major Manufacturers Tunnel Boring Machine (TBM) Sales Market Share (2020-2025)
2.2 Global Market Key Manufacturers Tunnel Boring Machine (TBM) Revenue and Market Share
Global Market Key Manufacturers Tunnel Boring Machine (TBM) Revenue (2020-2025)
Global Market Key Manufacturers Tunnel Boring Machine (TBM) Revenue Market Share (2020-2025)
Global Market Key Manufacturers Tunnel Boring Machine (TBM) Revenue Ranking by 2024
2.3 Global Market Key Manufacturers Tunnel Boring Machine (TBM) Price (2020-2025)
2.4 Global Market Major Manufacturers Tunnel Boring Machine (TBM) Headquarter and Origin Distribution
2.5 Global Market Key Manufacturers Tunnel Boring Machine (TBM) Establishment Date and Tunnel Boring Machine (TBM) Commercialization Date
2.6 Global Market Major Manufacturers Tunnel Boring Machine (TBM) Product Type and Application
2.7 Tunnel Boring Machine (TBM) Industry Concentration, Competition Analysis
Tunnel Boring Machine (TBM) Industry Concentration Analysis: Global Top 5 Manufacturers Market Share by 2024
Global Market Tunnel Boring Machine (TBM) First Tier, Second Tier and Third Tier Manufacturers (Brand) and Market Share in 2024.
2.8 New Investments and Market M&A Activities
III. Profiles of the following key players:
Herrenknecht
CRGIC
CRCHI
Tianhe Mechanical Equipment
Liaoning Censcience Industry Co., Ltd
Komatsu
NHI Group
Kawasaki
IHI
Terratec
SELI
Tianye Tolian
Hitachi Zosen
Xugong Kaigong
STEC
JIMT
1. Basic Information, Tunnel Boring Machine (TBM) Manufacturing Base, Headquarters, Competitors and Market Position.
2. Tunnel Boring Machine (TBM) Product Specifications, Parameters, and Market Applications .
3. Tunnel Boring Machine (TBM) Sales, Revenue, Price and Gross Margin in Global Market (2020-2025).
4. Company Profile and Key Businesses.
5. Latest Company News.
IV. Analysis of Different Product Types of Tunnel Boring Machine (TBM):
4.1 Global Market Tunnel Boring Machine (TBM) Sales by Product Type (2020-2031)
Global Market Sales and Market Share of Tunnel Boring Machine (TBM) by Product Type (2020-2025)
Global Market Sales Forecast of Tunnel Boring Machine (TBM) by Different Product Types (2026-2031)
4.2 Global Market Tunnel Boring Machine (TBM) Size by Product Type (2020-2031)
Global Market Tunnel Boring Machine (TBM) Size and Market Share by Product Type (2020-2025)
Global Market Size Forecast of Tunnel Boring Machine (TBM) by Product Type (2026-2031)
4.3 Global Market Price Trend of Tunnel Boring Machine (TBM) by Product Type (2020-2031)
V. Analysis of Tunnel Boring Machine (TBM) for Different Applications
5.1 Global Market Sales of Tunnel Boring Machine (TBM) by Application (2020-2031)
Global Market Tunnel Boring Machine (TBM) Sales and Market Share by Application (2020-2025)
Global Market Tunnel Boring Machine (TBM) Sales Forecast by Application (2026-2031)
5.2 Global Market Tunnel Boring Machine (TBM) Size and Market Share by Application (2020-2025)
Global Market Tunnel Boring Machine (TBM) Size Forecast by Application (2026-2031)
5.3 Global Market Price Trend of Tunnel Boring Machine (TBM) by Application (2020-2031)
VI. Industry Development Environment Analysis
6.1 Development Analysis of Tunnel Boring Machine (TBM) Industry - Development Trend
6.2 Tunnel Boring Machine (TBM) Industry Development Analysis - Manufacturer Barriers
6.3 Tunnel Boring Machine (TBM) Industry Development Analysis - Driving Factors
6.4 Tunnel Boring Machine (TBM) Industry Development Analysis - Restraints
6.5 SWOT Analysis of Tunnel Boring Machine (TBM) Global Companies
6.6 Tunnel Boring Machine (TBM) Industry Development Analysis - Industry Policies
Industry Authorities and Regulatory Framework
Industry-related Policy Trends
Industry Related Planning
VII. Industry Supply Chain Analysis
7.1 Industry Chain Introduction of Tunnel Boring Machine (TBM) Industry
7.2 Tunnel Boring Machine (TBM) Industry Chain Analysis - Upstream
7.3 Tunnel Boring Machine (TBM) Industry Chain Analysis - Midstream
7.4 Tunnel Boring Machine (TBM) Industry Chain Analysis - Downstream
7.5 Procurement Mode of Tunnel Boring Machine (TBM) Industry
7.6 Production Mode of Tunnel Boring Machine (TBM) Industry
7.7 Tunnel Boring Machine (TBM) Industry Sales Model and Sales Channels
VIII. Global Local Tunnel Boring Machine (TBM) Capacity, Production Analysis
8.1 Global Tunnel Boring Machine (TBM) Supply and Demand Status and Forecast (2020-2031)
Global Tunnel Boring Machine (TBM) Capacity, Production, Capacity Utilization and Development Trend (2020-2031)
Global Tunnel Boring Machine (TBM) Production, Market Demand and Development Trend (2020-2031)
8.2 Global Tunnel Boring Machine (TBM) Import and Export Analysis
Global Market Tunnel Boring Machine (TBM) Main Import Sources
Global Market Tunnel Boring Machine (TBM) Main Export Destinations
IX. Research Findings and Conclusion
X. Appendix
10.1 Research Methodology
10.2 Data Sources
Secondary Information Sources
Primary Information Sources
10.3 Data Interactive Validation
10.4 Disclaimer”
Table of Contents
Table : Growth Trends in Tunnel Boring Machine (TBM) by Product Type
Table:Growth Trend of Different Applications
Table:Current Development Status of Tunnel Boring Machine (TBM) Industry
Table:Development Trend of Tunnel Boring Machine (TBM)
Table:Global Major Regions Production of Tunnel Boring Machine (TBM)
Table:Global Major Regions Tunnel Boring Machine (TBM) Production Market Share
Table:Global Market Major Manufacturers Tunnel Boring Machine (TBM) Production Capacity
Table:Global Market Major Manufacturers Tunnel Boring Machine (TBM) Sales, Sales Market Share, Sales Revenue
Table:Global Market Major Manufacturers Tunnel Boring Machine (TBM) Sales Revenue Market Share, Price
Table: Global Key Manufacturers Tunnel Boring Machine (TBM) Revenue Ranking by 2025
Table: China Market Major Manufacturers Tunnel Boring Machine (TBM) Sales, Sales Market Share, Sales Revenue
Table: China Market Key Manufacturers Tunnel Boring Machine (TBM) Sales Revenue Market Share, Sales Price
Table: China Key Manufacturers Tunnel Boring Machine (TBM) Revenue Ranking by 2025
Table: Global Major Manufacturers Tunnel Boring Machine (TBM) Production Distribution and Commercialization Date
Table:Global Major Manufacturers Tunnel Boring Machine (TBM) Product Type List
Table: Global Key Manufacturers Market Position of Tunnel Boring Machine (TBM) in 2025 (First Tier, Second Tier and Third Tier)
Table: Global Tunnel Boring Machine (TBM) Market Analysis of Current Status of Investments, Mergers & Acquisitions, and Others
Table: Global Major Regions Tunnel Boring Machine (TBM) Sales Revenue
Table: Global Major Regions Tunnel Boring Machine (TBM) Sales Revenue Market Share
Table: Global Major Regions Tunnel Boring Machine (TBM) Revenue Market Share
Table: Global Major Regions Tunnel Boring Machine (TBM) Sales Volume
Table: Global Major Regions Tunnel Boring Machine (TBM) Sales Market Share
Table : Global Major Regions Tunnel Boring Machine (TBM) Sales Share
Table : The following companies:
Herrenknecht
CRGIC
CRCHI
Tianhe Mechanical Equipment
Liaoning Censcience Industry Co., Ltd
Komatsu
NHI Group
Kawasaki
IHI
Terratec
SELI
Tianye Tolian
Hitachi Zosen
Xugong Kaigong
STEC
JIMT
Tunnel Boring Machine (TBM) Manufacturing Base, Sales Area, Competitors and Market Position
Tunnel Boring Machine (TBM) Product Specifications, Parameters and Market Applications
Tunnel Boring Machine (TBM) Sales, Revenue, Price and Gross Margin
Company Profile and Major Businesses
Latest Company News
Table: Global Sales of Tunnel Boring Machine (TBM) by Product Type
Table: Global Sales Market Share of Tunnel Boring Machine (TBM) by Product Type
Table: Global Sales Forecast of Tunnel Boring Machine (TBM) by Product Type
Table: Global Sales Market Share Forecast of Tunnel Boring Machine (TBM) by Product Type
Table: Global Revenue of Tunnel Boring Machine (TBM) by Product Type
Table: Global Tunnel Boring Machine (TBM) Revenue Market Share by Product Type
Table: Global Revenue Forecast of Tunnel Boring Machine (TBM) by Product Type
Table: Global Revenue Market Share Forecast of Tunnel Boring Machine (TBM) by Product Type
Table: Global Price Trend of Tunnel Boring Machine (TBM) by Product Type
Table: Global Sales of Tunnel Boring Machine (TBM) by Application
Table: Global Sales Market Share of Tunnel Boring Machine (TBM) by Application
Table: Global Sales Forecast of Tunnel Boring Machine (TBM) by Application
Table: Global Tunnel Boring Machine (TBM) Sales Market Share Forecast by Application
Table: Global Tunnel Boring Machine (TBM) Revenue by Application
Table: Global Tunnel Boring Machine (TBM) Revenue Market Share by Application
Table: Global Tunnel Boring Machine (TBM) Revenue Forecast by Application
Table: Global Tunnel Boring Machine (TBM) Revenue Market Share Forecast by Application
Table: Global Price Trend of Tunnel Boring Machine (TBM) by Application
Table: List of Tunnel Boring Machine (TBM) Upstream Raw Material Suppliers and Contact Information
Table: List of Typical Customers of Tunnel Boring Machine (TBM)
Table: Tunnel Boring Machine (TBM) Main Sales Modes and Sales Channels
Table: Development Opportunities and Key Driving Factors of Tunnel Boring Machine (TBM) Industry
Table: Risks Faced by Tunnel Boring Machine (TBM) Industry Development
Table: Tunnel Boring Machine (TBM) Industry Policy Analysis
Table: Research Scope
Table: List of Analysts
Chart Catalog
Figure Tunnel Boring Machine (TBM) Product Picture
Figure Global Production Market Share of Tunnel Boring Machine (TBM) by Product Type
Figure Global Tunnel Boring Machine (TBM) Consumption Market Share by Application
Figure Global Tunnel Boring Machine (TBM) Capacity, Production, Capacity Utilization and Development Trend
Figure Global Tunnel Boring Machine (TBM) Production, Demand and Development Trend
Figure Global Tunnel Boring Machine (TBM) Production Market Share by Major Regions
Figure China Tunnel Boring Machine (TBM) Capacity, Production, Capacity Utilization and Development Trend
Figure China Tunnel Boring Machine (TBM) Production, Market Demand and Development Trend
Figure Global Tunnel Boring Machine (TBM) Market Sales and Growth Rate.
Figure Global Tunnel Boring Machine (TBM) Market Size
Figure Global Market Tunnel Boring Machine (TBM) Sales and Growth Rate
Figure Global Market Tunnel Boring Machine (TBM) Price Trend
Figure Global Market Tunnel Boring Machine (TBM) Sales Market Share of Major Manufacturers in 2025
Figure Tunnel Boring Machine (TBM) Revenue Market Share of Key Manufacturers in Global Market in 2025
Figure Tunnel Boring Machine (TBM) Sales Market Share of Key Manufacturers in China Market in 2025
Figure Tunnel Boring Machine (TBM) Revenue Market Share of Key Manufacturers in China Market, 2025
Figure 2025 Global Tunnel Boring Machine (TBM) Market Share of Top 5 Manufacturers
Figure 2025 Global Tunnel Boring Machine (TBM) First Tier, Second Tier and Third Tier Manufacturers (by Brand) and Market Share
Figure Global Tunnel Boring Machine (TBM) Sales Revenue Market Share by Major Regions
Figure North America Tunnel Boring Machine (TBM) Sales and Growth Rate
Figure North America Tunnel Boring Machine (TBM) Revenue and Growth Rate
Figure Europe Market Tunnel Boring Machine (TBM) Sales and Growth Rate
Figure Europe Market Tunnel Boring Machine (TBM) Revenue and Growth Rate
Figure China Tunnel Boring Machine (TBM) Sales and Growth Rate
Figure China Market Tunnel Boring Machine (TBM) Revenue and Growth Rate
Figure Tunnel Boring Machine (TBM) Sales and Growth Rate in Japan Market
Figure Tunnel Boring Machine (TBM) Revenue and Growth Rate in Japan Market
Figure Global Price Trend of Tunnel Boring Machine (TBM) by Product Type
Figure Global Price Trend of Tunnel Boring Machine (TBM) by Application
Figure Tunnel Boring Machine (TBM) Industry Chain
Figure Tunnel Boring Machine (TBM) Chinese Companies SWOT Analysis
Figure Key Interview Objectives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.
2025-04-19 12:47:15 
Pages: 126 
Tables: 144 
