Global and Japan Tunneling Machinery Market Insights, Forecast to 2027

A Tunnel Boring Machines 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.
Roadheader is kind of combine machine which could realize cutting, load, conveyor, automatic moving, spreading fog and cleaning dust. It almost uses on tunnel of coal mine, at recent years, the range of working of roadheader is greatly developing. It becomes mainly using on highway, railway, metro, national defense engineering project, water conservancy project, nonferrous metal and nonmetal mining tunnel, and mining exploring, etc.
Tunneling machinery is a series equipment designed and built to withstand the harsh conditions associated with tunnel construction. In this report, tunneling machinery including tunnel boring machines and roadheader.
China maintained the first place and increaing in the global tunneling machinery industry market for years, which was expected to reach over 50% of the market share in 2023.

Market Analysis and Insights: Global and Japan Tunneling Machinery Market
This report focuses on global and Japan Tunneling Machinery market.
In 2020, the global Tunneling Machinery market size was US$ 5197 million and it is expected to reach US$ 7072.4 million by the end of 2027, with a CAGR of 4.5% during 2021-2027. In Japan the Tunneling Machinery market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Tunneling Machinery Scope and Market Size
Tunneling Machinery market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Tunneling Machinery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Tunneling Machinery market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.

Segment by Type
TBMs
Roadheader
The segment of roadheader held the larger market
share of about 65% in 2018.

Segment by Application
Coal Mine and Rock
Municipal Engineering
Railway and Highway
Others
Both segments were estimated to account for the highest market share of about 45% and 40% in 2018, including coal mineandrock and railway and highway.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
CREG
CRCHI
Herrenknecht
NHI
LNSS
Tianhe
JIMT
Komatsu
Hitachi Zosen
Terratec
Kawasaki
STEC
LXCE
Sandvik
SANY GROUP
XCMG
Antraquip
Sunward
BBM Group
Famur
Mitsui Miike Machinery
Deilmann-Haniel Mining Systems (DHMS)
MSB Schmittwerke