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Tunneling Equipment Market, Global Outlook and Forecast 2023-2029

The global Tunneling Equipment market was valued at US$ 5588 million in 2022 and is projected to reach US$ 7058 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Tunneling Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Report Sample includes: - Table of Contents - List of Tables & Figures - Charts - Research Methodology Get FREE Sample of this Report at https://www.statsmarketresearch.com/download-free-sample/7808021/global-tunneling-equipment-forecast-2023-2029-906



The China market for Global Tunneling Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Tunneling Equipment market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


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.

This report aims to provide a comprehensive presentation of the global market for Tunneling Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tunneling Equipment. This report contains market size and forecasts of Tunneling Equipment in global, including the following market information:


  • Global Tunneling Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)

  • Global Tunneling Equipment Market Sales, 2018-2023, 2024-2029, (K Units)

  • Global top five Tunneling Equipment companies in 2022 (%)

We surveyed the Tunneling Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:

Global Tunneling Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Tunneling Equipment Market Segment Percentages, by Type, 2022 (%)


  • Excavator

  • Forklift

  • Spray Car

Global Tunneling Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Tunneling Equipment Market Segment Percentages, by Application, 2022 (%)


  • Subway

  • Mining

  • Other

Global Tunneling Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Tunneling Equipment Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Tunneling Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Tunneling Equipment revenues share in global market, 2022 (%)

  • Key companies Tunneling Equipment sales in global market, 2018-2023 (Estimated), (K Units)

  • Key companies Tunneling Equipment sales share in global market, 2022 (%)

key players include:


  • Atlas Copco

  • Bessac - Tunnels & Microtunnels

  • Hitachi Zosen

  • Sandvik Construction

  • SANYHE International Holdings

  • HERRENKNECHT

  • Akkerman

  • Astec Industries

  • China Railway Engineering

  • China Communications

  • DH Mining System

  • Furukawa Rock Drill

  • GHH Mining Machines

Outline of Major Chapters:

Chapter 1: Introduces the definition of Tunneling Equipment, market overview.

Chapter 2: Global Tunneling Equipment market size in revenue and volume.

Chapter 3: Detailed analysis of Tunneling Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Tunneling Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: 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 8: Global Tunneling Equipment capacity by region & country.

Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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