터널 굴삭기 시장 규모, 점유율, 성장 분석 : 기계 유형별, 최종사용자별, 지역별 - 업계 예측(2026-2033년)

Global Tunnel Boring Machine Market size was valued at USD 6.56 Billion in 2024 and is poised to grow from USD 6.84 Billion in 2025 to USD 9.51 Billion by 2033, growing at a CAGR of 4.2% during the forecast period (2026-2033).

The growing trend of urbanization in developing regions is significantly propelling the demand for efficient underground transportation systems, particularly tunnel boring machines (TBMs). Notably, high demand emerges in hilly terrains, and countries investing in infrastructure, like India and Brazil, are enhancing road and railway systems, creating substantial opportunities for TBM manufacturers. The advantages of TBMs, including stability under pressure and high specific gravity, contribute to positive market prospects. Additionally, increasing tunnel automation and the necessity for efficient transportation links to alleviate urban congestion are key market drivers. While the mining sector also boosts TBM utilization, challenges such as high initial costs and unpredictable ground conditions may hinder project execution. Ongoing technological innovations in rock-cutting further bolster market growth.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Tunnel Boring Machine market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Tunnel Boring Machine Market Segments Analysis

Global Tunnel Boring Machine Market is segmented by Machine Type, End User and region. Based on Machine Type, the market is segmented into Slurry-Type Shield Tunnel Boring machine, Earth Pressure Balance (EPB) Tunnel Boring Machine, Hard Rock Tunnel Boring machine, Others. Based on End User, the market is segmented into Road Transport, Railway/Metro Transport, Utilities, Mining, Oil & Gas and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Tunnel Boring Machine Market

A key factor fueling the growth of the global tunnel boring machine market is the rapid urbanization and heightened need for advanced infrastructure. Governments around the world are making significant investments in subterranean transportation systems, including metro rail networks, road tunnels, and high-speed rail corridors, to alleviate congestion and enhance connectivity. This uptick in demand is evident in numerous projects aimed at improving urban mobility. Furthermore, the emergence of smart city initiatives in various regions is driving the need for underground utility tunnels, thereby further stimulating the expansion of the tunnel boring machine market on a global scale.

Restraints in the Global Tunnel Boring Machine Market

The Global Tunnel Boring Machine (TBM) market faces significant obstacles due to the substantial capital investment necessary for both acquisition and operation of these specialized machines. Customization based on geological conditions further inflates their costs, making them a considerable financial commitment. Additionally, the ongoing maintenance and operational expenses contribute to the overall financial burden. These challenges are particularly pronounced in developing nations, where budget limitations hinder the ability to invest in large-scale infrastructure projects, despite a rising demand for such advancements. Consequently, these factors collectively inhibit the widespread adoption and expansion of TBM technology in various regions.

Market Trends of the Global Tunnel Boring Machine Market

The integration of artificial intelligence (AI) and the Internet of Things (IoT) in tunnel boring machine (TBM) operations is shaping a significant trend in the global market. These advanced technologies enable real-time analysis of geological conditions, optimize cutting speeds, and enhance safety measures, thus transforming traditional tunneling methods. AI-powered sensors not only monitor tunneling stability but also help predict structural failures, allowing for proactive maintenance and risk management. Additionally, IoT connectivity facilitates remote monitoring of TBMs, minimizing the necessity for on-site inspections and significantly boosting operational efficiencies. This technological evolution is poised to enhance precision and drive down costs across future tunneling projects worldwide.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technology Analysis

Global Tunnel Boring Machine Market Size by Machine Type & CAGR (2026-2033)

• Market Overview
• Slurry-Type Shield Tunnel Boring machine
• Earth Pressure Balance (EPB) Tunnel Boring Machine
• Hard Rock Tunnel Boring machine
• Others

Global Tunnel Boring Machine Market Size by End User & CAGR (2026-2033)

• Market Overview
• Road Transport
• Railway/Metro Transport
• Utilities
• Mining
• Oil & Gas
• Others

Global Tunnel Boring Machine Market Size & CAGR (2026-2033)

• North America (Machine Type, End User)
  • US
  • Canada
• Europe (Machine Type, End User)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Machine Type, End User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Machine Type, End User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Machine Type, End User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Herrenknecht AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• The Robbins Company (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China Railway Engineering Equipment Group Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China Railway Construction Heavy Industry Corporation Limited (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dalian Huarui Heavy Industry Group Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Northern Heavy Industries Group Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Komatsu Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kawasaki Heavy Industries Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hitachi Zosen Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• IHI Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Japan Tunnel Systems Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TERRATEC Ltd. (Australia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Soilmec S.p.A. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ghella S.p.A. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Gulermak AgIr Sanayi Insaat ve Taahhut A.S. (Turkey)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dong-Ah Geological Engineering Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Akkerman Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tenbusch Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Polaris Underground Solutions (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tunnel Saz Machine Co. (Iran)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations