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Global Micro Tunnel Boring Machine Market Research Report 2025
Synopsis
The global Micro Tunnel Boring Machine market was valued at US$ 439.2 million in 2023 and is anticipated to reach US$ 757.2 million by 2030, witnessing a CAGR of 8.0% during the forecast period 2024-2030.
Global key manufacturers of micro tunnel boring machine include Herrenknecht, CRHIC, CRCHI, Akkerman, Northeren Heavy, Industries Group, Terratec, Liaoning Censcience Industry and mts Microtunneling Systems GmbH, etc. Herrenknecht gains the highest market share over 20%.
China is the largest producer of micro tunnel boring machine, making up nearly 40%, followed by Europe (30%).
In terms of product type, earth pressure balance machine makes up most, with a share over 40%. Other dominant types include Slurry Shield (SS), Pilot Tube Microtunneling (PTMT), Auger Boring and Vacuum Extraction TBM.
In terms of application, urban rail system is the largest segment, holding a share over 50%.
With an increasing demand of urban underground space, market size of micro tunnel boring machine is also growing and the prospect is optimistic.
This report aims to provide a comprehensive presentation of the global market for Micro Tunnel Boring Machine, 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 Micro Tunnel Boring Machine.
Report Scope
The Micro Tunnel Boring Machine market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Micro Tunnel Boring Machine market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Micro Tunnel Boring Machine manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Herrenknecht
CRHIC
CRCHI
Akkerman
Northeren Heavy Industries Group
Terratec
Liaoning Censcience Industry
mts Microtunneling Systems GmbH
Segment by Type
Earth Pressure Balance Machines
Slurry Shield (SS)
Pilot Tube Microtunneling (PTMT)
Auger Boring
Vacuum Extraction TBM
Others
Segment by Application
Urban Rail System
Rail and Road
Municipal Engineering
Others
Production by Region
North America
Europe
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Micro Tunnel Boring Machine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Micro Tunnel Boring Machine by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Micro Tunnel Boring Machine 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
The global Micro Tunnel Boring Machine market was valued at US$ 439.2 million in 2023 and is anticipated to reach US$ 757.2 million by 2030, witnessing a CAGR of 8.0% during the forecast period 2024-2030.
Global key manufacturers of micro tunnel boring machine include Herrenknecht, CRHIC, CRCHI, Akkerman, Northeren Heavy, Industries Group, Terratec, Liaoning Censcience Industry and mts Microtunneling Systems GmbH, etc. Herrenknecht gains the highest market share over 20%.
China is the largest producer of micro tunnel boring machine, making up nearly 40%, followed by Europe (30%).
In terms of product type, earth pressure balance machine makes up most, with a share over 40%. Other dominant types include Slurry Shield (SS), Pilot Tube Microtunneling (PTMT), Auger Boring and Vacuum Extraction TBM.
In terms of application, urban rail system is the largest segment, holding a share over 50%.
With an increasing demand of urban underground space, market size of micro tunnel boring machine is also growing and the prospect is optimistic.
This report aims to provide a comprehensive presentation of the global market for Micro Tunnel Boring Machine, 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 Micro Tunnel Boring Machine.
Report Scope
The Micro Tunnel Boring Machine market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Micro Tunnel Boring Machine market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Micro Tunnel Boring Machine manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Herrenknecht
CRHIC
CRCHI
Akkerman
Northeren Heavy Industries Group
Terratec
Liaoning Censcience Industry
mts Microtunneling Systems GmbH
Segment by Type
Earth Pressure Balance Machines
Slurry Shield (SS)
Pilot Tube Microtunneling (PTMT)
Auger Boring
Vacuum Extraction TBM
Others
Segment by Application
Urban Rail System
Rail and Road
Municipal Engineering
Others
Production by Region
North America
Europe
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Micro Tunnel Boring Machine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Micro Tunnel Boring Machine by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Micro Tunnel Boring Machine 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Micro Tunnel Boring Machine Market Overview
1.1 Product Definition
1.2 Micro Tunnel Boring Machine Segment by Type
1.2.1 Global Micro Tunnel Boring Machine Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Earth Pressure Balance Machines
1.2.3 Slurry Shield (SS)
1.2.4 Pilot Tube Microtunneling (PTMT)
1.2.5 Auger Boring
1.2.6 Vacuum Extraction TBM
1.2.7 Others
1.3 Micro Tunnel Boring Machine Segment by Application
1.3.1 Global Micro Tunnel Boring Machine Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Urban Rail System
1.3.3 Rail and Road
1.3.4 Municipal Engineering
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Micro Tunnel Boring Machine Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Micro Tunnel Boring Machine Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Micro Tunnel Boring Machine Production Estimates and Forecasts (2019-2030)
1.4.4 Global Micro Tunnel Boring Machine Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Micro Tunnel Boring Machine Production Market Share by Manufacturers (2019-2024)
2.2 Global Micro Tunnel Boring Machine Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Micro Tunnel Boring Machine, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Micro Tunnel Boring Machine Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Micro Tunnel Boring Machine Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Micro Tunnel Boring Machine, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Micro Tunnel Boring Machine, Product Offered and Application
2.8 Global Key Manufacturers of Micro Tunnel Boring Machine, Date of Enter into This Industry
2.9 Micro Tunnel Boring Machine Market Competitive Situation and Trends
2.9.1 Micro Tunnel Boring Machine Market Concentration Rate
2.9.2 Global 5 and 10 Largest Micro Tunnel Boring Machine Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Micro Tunnel Boring Machine Production by Region
3.1 Global Micro Tunnel Boring Machine Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Micro Tunnel Boring Machine Production Value by Region (2019-2030)
3.2.1 Global Micro Tunnel Boring Machine Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Micro Tunnel Boring Machine by Region (2025-2030)
3.3 Global Micro Tunnel Boring Machine Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Micro Tunnel Boring Machine Production by Region (2019-2030)
3.4.1 Global Micro Tunnel Boring Machine Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Micro Tunnel Boring Machine by Region (2025-2030)
3.5 Global Micro Tunnel Boring Machine Market Price Analysis by Region (2019-2024)
3.6 Global Micro Tunnel Boring Machine Production and Value, Year-over-Year Growth
3.6.1 North America Micro Tunnel Boring Machine Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Micro Tunnel Boring Machine Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Micro Tunnel Boring Machine Production Value Estimates and Forecasts (2019-2030)
4 Micro Tunnel Boring Machine Consumption by Region
4.1 Global Micro Tunnel Boring Machine Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Micro Tunnel Boring Machine Consumption by Region (2019-2030)
4.2.1 Global Micro Tunnel Boring Machine Consumption by Region (2019-2024)
4.2.2 Global Micro Tunnel Boring Machine Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Micro Tunnel Boring Machine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Micro Tunnel Boring Machine Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Micro Tunnel Boring Machine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Micro Tunnel Boring Machine Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Micro Tunnel Boring Machine Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Micro Tunnel Boring Machine Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Micro Tunnel Boring Machine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Micro Tunnel Boring Machine Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Micro Tunnel Boring Machine Production by Type (2019-2030)
5.1.1 Global Micro Tunnel Boring Machine Production by Type (2019-2024)
5.1.2 Global Micro Tunnel Boring Machine Production by Type (2025-2030)
5.1.3 Global Micro Tunnel Boring Machine Production Market Share by Type (2019-2030)
5.2 Global Micro Tunnel Boring Machine Production Value by Type (2019-2030)
5.2.1 Global Micro Tunnel Boring Machine Production Value by Type (2019-2024)
5.2.2 Global Micro Tunnel Boring Machine Production Value by Type (2025-2030)
5.2.3 Global Micro Tunnel Boring Machine Production Value Market Share by Type (2019-2030)
5.3 Global Micro Tunnel Boring Machine Price by Type (2019-2030)
6 Segment by Application
6.1 Global Micro Tunnel Boring Machine Production by Application (2019-2030)
6.1.1 Global Micro Tunnel Boring Machine Production by Application (2019-2024)
6.1.2 Global Micro Tunnel Boring Machine Production by Application (2025-2030)
6.1.3 Global Micro Tunnel Boring Machine Production Market Share by Application (2019-2030)
6.2 Global Micro Tunnel Boring Machine Production Value by Application (2019-2030)
6.2.1 Global Micro Tunnel Boring Machine Production Value by Application (2019-2024)
6.2.2 Global Micro Tunnel Boring Machine Production Value by Application (2025-2030)
6.2.3 Global Micro Tunnel Boring Machine Production Value Market Share by Application (2019-2030)
6.3 Global Micro Tunnel Boring Machine Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Herrenknecht
7.1.1 Herrenknecht Micro Tunnel Boring Machine Corporation Information
7.1.2 Herrenknecht Micro Tunnel Boring Machine Product Portfolio
7.1.3 Herrenknecht Micro Tunnel Boring Machine Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Herrenknecht Main Business and Markets Served
7.1.5 Herrenknecht Recent Developments/Updates
7.2 CRHIC
7.2.1 CRHIC Micro Tunnel Boring Machine Corporation Information
7.2.2 CRHIC Micro Tunnel Boring Machine Product Portfolio
7.2.3 CRHIC Micro Tunnel Boring Machine Production, Value, Price and Gross Margin (2019-2024)
7.2.4 CRHIC Main Business and Markets Served
7.2.5 CRHIC Recent Developments/Updates
7.3 CRCHI
7.3.1 CRCHI Micro Tunnel Boring Machine Corporation Information
7.3.2 CRCHI Micro Tunnel Boring Machine Product Portfolio
7.3.3 CRCHI Micro Tunnel Boring Machine Production, Value, Price and Gross Margin (2019-2024)
7.3.4 CRCHI Main Business and Markets Served
7.3.5 CRCHI Recent Developments/Updates
7.4 Akkerman
7.4.1 Akkerman Micro Tunnel Boring Machine Corporation Information
7.4.2 Akkerman Micro Tunnel Boring Machine Product Portfolio
7.4.3 Akkerman Micro Tunnel Boring Machine Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Akkerman Main Business and Markets Served
7.4.5 Akkerman Recent Developments/Updates
7.5 Northeren Heavy Industries Group
7.5.1 Northeren Heavy Industries Group Micro Tunnel Boring Machine Corporation Information
7.5.2 Northeren Heavy Industries Group Micro Tunnel Boring Machine Product Portfolio
7.5.3 Northeren Heavy Industries Group Micro Tunnel Boring Machine Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Northeren Heavy Industries Group Main Business and Markets Served
7.5.5 Northeren Heavy Industries Group Recent Developments/Updates
7.6 Terratec
7.6.1 Terratec Micro Tunnel Boring Machine Corporation Information
7.6.2 Terratec Micro Tunnel Boring Machine Product Portfolio
7.6.3 Terratec Micro Tunnel Boring Machine Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Terratec Main Business and Markets Served
7.6.5 Terratec Recent Developments/Updates
7.7 Liaoning Censcience Industry
7.7.1 Liaoning Censcience Industry Micro Tunnel Boring Machine Corporation Information
7.7.2 Liaoning Censcience Industry Micro Tunnel Boring Machine Product Portfolio
7.7.3 Liaoning Censcience Industry Micro Tunnel Boring Machine Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Liaoning Censcience Industry Main Business and Markets Served
7.7.5 Liaoning Censcience Industry Recent Developments/Updates
7.8 mts Microtunneling Systems GmbH
7.8.1 mts Microtunneling Systems GmbH Micro Tunnel Boring Machine Corporation Information
7.8.2 mts Microtunneling Systems GmbH Micro Tunnel Boring Machine Product Portfolio
7.8.3 mts Microtunneling Systems GmbH Micro Tunnel Boring Machine Production, Value, Price and Gross Margin (2019-2024)
7.8.4 mts Microtunneling Systems GmbH Main Business and Markets Served
7.7.5 mts Microtunneling Systems GmbH Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Micro Tunnel Boring Machine Industry Chain Analysis
8.2 Micro Tunnel Boring Machine Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Micro Tunnel Boring Machine Production Mode & Process
8.4 Micro Tunnel Boring Machine Sales and Marketing
8.4.1 Micro Tunnel Boring Machine Sales Channels
8.4.2 Micro Tunnel Boring Machine Distributors
8.5 Micro Tunnel Boring Machine Customers
9 Micro Tunnel Boring Machine Market Dynamics
9.1 Micro Tunnel Boring Machine Industry Trends
9.2 Micro Tunnel Boring Machine Market Drivers
9.3 Micro Tunnel Boring Machine Market Challenges
9.4 Micro Tunnel Boring Machine Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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