Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Tunnel Boring Machine Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Tunnel Boring Machine Market.
The research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and world Tunnel Boring Machine Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of international Tunnel
Boring Machine Market is offered. In
accordance with the report, the Tunnel Boring Machine Market is projected to expand at a CAGR of 3.0% over the period of forecast.
Market
Insight, Drivers, Restraints & Opportunity of the Market:
A tunnel boring machine (TBM) also known as a “mole“, is
a machine used to excavate tunnels with a circular cross section through a
variety of soil and rock strata. They can bore through hard rock, sand, and
almost anything in between. Rising demand for soft ground underground water and
wastewater tunnels and transportation tunnels are the primary factor
responsible for the robust growth of the tunnel boring machine market during
the forecast period. Exponential Growth rate of the construction sector in the
U.S and different part of the Asia Pacific is one of the most important factor
anticipated to boost the demand of Tunnel Boring Machine for various
application segments including railway, highway, mining and municipal
development. This in turn is expected to trigger the demand of tunnel boring
machine market in the coming years. However, throughout the forecast period,
the North America is likely to boost its market share owing to the rising
adoption of tunnel boring machine in the other countries, especially in The U.S.
Additionally, increase in need for micro-tunneling for
the water management system for urban areas is anticipated to bolster the global
tunnel boring machine market in coming years. On the flip side, the adoption of
alternative tunneling methods and high capital costs involved in tunnel
excavation is anticipated to restrain the growth of the global market. Innovations
in the tunneling industry have opened up future opportunities to service
sectors beyond the infrastructure sector. Oil and gas (pipelines), mining and
the power sectors may all see increasing use of tunneling expertise as projects
complexity increases in the coming days. This in turn is expected to boost the
market demand in next few years. Across the Asia Pacific, different government organizations
are investing in tunnels for faster commute between major cities, which in
turns is anticipated to fuel the market demand in coming years. As per the Asia
Pacific tunnel boring machine market analysis, India and China are anticipated
to maintain its dominance throughout the forecast period. Major players in the
global tunnel boring machine market will be keen about the emerging Asia
Pacific region.
Segment
Covered:
This market intelligence report on the Tunnel
Boring Machine Market has been
segmented by the by machine type, geological type, end users & region. In
terms of the machine type, Tunnel Boring Machine Market has been segregated into Slurry TBM, Earth Pressure
Balance Shield TBM, Shielded TBM, Multi-Mode TBM, and Others. In terms of geological
type the market has been segmented into different types which includes Soft
Ground, Hard Rock Ground, Heterogenous Ground, and Variable Ground. In terms of
end user the market has been segmented by Road Transport, Railway Transport,
Metro & Transit, Utilities, Mining, Oil & Gas, and Others.
Profiling
of Market Players:
This business intelligence report offers profiling of
reputed companies that are operating in the market. Companies such as China Railway Engineering
Equipment Group Co., Ltd., Dalian Huarui Heavy Industry Group Co., Ltd., Herrenknecht
AG, Hitachi Zosen Corporation, IHI Corporation, Kawasaki Heavy Industries Ltd., Komatsu Ltd., Northern Heavy Industries Group Co.,Ltd
(The Robbins Company, Inc.), and Qinhuangdao Tianye Tolian Heavy Industry Co.,
Ltd.
Report
Highlights:
In-depth analysis of the micro and macro indicators,
market trends, and forecasts of demand is offered by this business intelligence
report. Furthermore, the report offers a vivid picture of the factors that are steering
and restraining the growth of this market across all geographical segments. In
addition to that, IGR-Growth Matrix analysis is also provided in the report so
as to share insight of the investment areas that new or existing market players
can take into consideration. Various analytical tools such as DRO analysis,
Porter's five forces analysis has been used in this report to present a clear
picture of the market. The study focuses on the present market trends and
provides market forecast from the year 2017-2027. Emerging trends that would
shape the market demand in the years to come have been highlighted in this
report. A competitive analysis in each of the geographical segments gives an
insight into market share of the global players.
Salient
Features:
Ø This study offers comprehensive yet detailed analysis of
the Tunnel Boring Machine Marketg, size of the market (US$ Mn and Unit), and Compound
Annual Growth Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking
into account 2017 as the base year
Ø It explains upcoming revenue opportunities across various
market segments and attractive matrix of investment proposition for the said
market
Ø This market intelligence report also offers pivotal insights
about various market opportunities, restraints, drivers, launch of new
products, competitive market strategies of leading market players, emerging market
trends, and regional outlook
Ø Profiling of key market players in the world Tunnel Boring Machine Market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names
such China Railway Engineering Equipment Group Co., Ltd., Dalian Huarui Heavy
Industry Group Co., Ltd., Herrenknecht AG among others.
Ø The data of this report would allow management
authorities and marketers of companies alike to take informed decision when it
comes to launch of products, government initiatives, marketing tactics and
expansion, and technical up gradation
Ø The world market for Tunnel Boring Machine Market caters to the needs of various stakeholders pertaining to
this industry, namely suppliers, product manufacturers, investors, and
distributors for Tunnel Boring
Machine Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø Research methodologies that have been adopted for the
purpose of this study have been clearly elaborated so as to facilitate better
understanding of the reports
Ø Reports have been made based on the guidelines as
mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken
into consideration before coming to a conclusion
Reasons
to buy:
v Identify opportunities and plan strategies by having a
strong understanding of the investment opportunities in the Tunnel Boring Machine Market
v
Identification
of key factors driving investment opportunities in the Tunnel Boring Machine Market Facilitate decision-making based on strong historic and
forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participant