Market Highlights:
A tunnel boring machine (TBM) refers to a machine used to dig tunnels with a circular cross section through a variety of rock strata and soil. Tunnel boring machine market has high growth prospects owing to increasing government spending on transportation infrastructure worldwide. Further, technological advancement in the tunnel boring machine such as the development of remotely operated tunnel boring machine expected to drive the demand for tunnel boring machine over the forecasted period. The market study is being classified by Type (Slurry TBM, Earth Pressure Balance Shield TBM, Shielded TBM, Multi-Mode TBM and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Tunnel Boring Machine are China Railway Construction Heavy Industry Co. Ltd. (China), CREG TBM Germany GmbH (Germany), Dalian Huarui Heavy Industry Group Co., Ltd. (China), Dr Martin Herrenknecht Verwaltungs GmbH (Germany), Hitachi Zosen Corporation (Japan), IHI Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), Komatsu Ltd. (Japan), The Robbins Company, Inc. (United States) and Qinhuangdao Tianye Tolian Heavy Industry Co., Ltd. (China).

12th April 2019, At the Wilton International in Redcar the first 1,800-tonne tunnel boring machine which will be used to construct Sirius Minerals’ 23-mile mineral transportation tunnel from Teesside to Whitby was officially launched.

Key Questions Answered in the Report
What will the Tunnel Boring Machine Market size and the growth rate be in Future?
What are the key factors driving the Tunnel Boring Machine Market?
What are the key market trends and macro-economic impacting the growth of the Tunnel Boring Machine Market?
What are the challenges to market growth?
Who are the key vendors in the Tunnel Boring Machine Market?
What are the market opportunities and threats faced by the vendors in the Tunnel Boring Machine Market?
Trending factors influencing the market shares of the Manufacturers.
What are the key outcomes of the five forces analysis of the Tunnel Boring Machine Market?

Refer complete Table of Content of Tunnel Boring Machine Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Tunnel Boring Machine market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Tunnel Boring Machine market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Tunnel Boring Machine Manufacturer, Component Manufacturers, System Integrators, Value Added Resellers, Research Organizations, Technology Investors and Others.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.