Get Industry Insights. Simply.

Advanced Search

Top 14 manufacturers in Tunnel Boring Machine (TBM) Market

 

Prof Research published a new Market report on TBM. It presents the largest 14 manufacturers in TBM Market. The report is a professional and in-depth study on the current state of the global TBM market with a focus on the Chinese market. The report provides key statistics on the market of TBM. It is a valuable source of guidance and direction for companies and individuals interested in the TBM industry.


The global TBM market was valued to be 5,218.40 million USD in 2020. The TBM production value is anticipated to have grown with a CAGR of 5.68% in the coming years to reach 7,269.03 million USD in 2026.

                                                                                      

CREC is the largest manufacturer of TBM in the world, it has a market share of 22.69% in value. It is a China-based company principally engaged in the infrastructure construction business. The Company is also engaged in survey, design and consulting services business, the manufacture of engineering equipment and components, and real estate development.


Herrenknecht is the second-largest manufacturer of TBM in the world, it has a market share of 16.28% in value. The fields of activity are divided into the two traditional business units Traffic and Utility Tunnelling as well as the business areas Exploration, Mining and Group Brands.


CRCHI is the third-largest manufacturer of TBM in the world, it has a market share of 15.85% in value. The business of CRCHI covers research, design, manufacture and service of intelligent equipment of tunnel construction and high-end rail track equipment.


LNSS China is the fourth largest manufacturer of TBM in the world, it has a market share of 8.89% in value. It is a national high-tech company specializing in the research, design, production and sales of shield machines and TBM.