Global Tunnel Boring Machine Market Will Grow at a CAGR 2.1% and Reach USD 3.68 Billion by 2023, from USD 3.24 Billion in 2017

New Global Tunnel Boring Machine Market 2023 Report Covers market forecast and top Companies like Herrenknecht, CREC, CRCHI, Robbins, Tianhe and others.

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Lewes, DE -- (SBWire) -- 11/16/2018 --Global Tunnel Boring Machine market will register a 2.1% CAGR in terms of revenue, reach US$ 3680 million by 2023, from US$ 3240 million in 2017.

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.

In recent years, international manufacturers of Tunnel Boring Machine (TBM) have cooperation with Chinese enterprises and China has become the world's largest TBM manufacturer which occupied more than 45.27% of production in total in 2015.

At present, in the foreign industrial developed countries the Tunnel Boring Machine (TBM) industry is generally at a more advanced level. In Japan, Europe and the United States manufacturer of TBM still has a considerable size. The consumption volume of TBM in Europe was about 77 Units, which was follow by US, with a production of 64 Units.

Tunnel Boring Machine (TBM) can be used in the process of Subway, tunnel, Water conservancy project, mine, etc. With the development of industry and technology, the potential market for Tunnel Boring Machine (TBM) is still huge.

Over the next five years, Study projects that Tunnel Boring Machine will register a 2.1% CAGR in terms of revenue, reach US$ 3680 million by 2023, from US$ 3240 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Herrenknecht
CREC
CRCHI
Robbins
Tianhe
Wirth
Komatsu
Mitsubishi
NHI
Kawasaki
Ishikawajima - Harima
Terratec
SELI
Tianye Tolian
Hitachi Zosen Corporation
Xugong Kaigong
STEC

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Soft ground TBMs
Hard Rock TBMs

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Railway and Highway
Municipal Engineering
City Rail System
Others

Spanning over 145 pages "Forecast of Global Tunnel Boring Machine Market 2023" report covers Tunnel Boring Machine Market Overview, Global Tunnel Boring Machine Sales, Revenue (Value) and Market Share by Players, Global Tunnel Boring Machine Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Tunnel Boring Machine Sales, Revenue and Price, Europe Top 5 Players Tunnel Boring Machine Sales, Revenue and Price, Asia-Pacific Top 5 Players Tunnel Boring Machine Sales, Revenue and Price, South America Top 5 Players Tunnel Boring Machine Sales, Revenue and Price, Middle East & Africa Top 5 Players Tunnel Boring Machine Sales, Revenue and Price, Global Tunnel Boring Machine Players Profiles/Analysis, Global Tunnel Boring Machine Market Forecast (2018-2023), Tunnel Boring Machine Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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