Global Underground Tunneling Equipment Market Insights and Forecast to 2028

This report focuses on the Tunneling Equipment in Underground application.
Market Analysis and Insights: Global Underground Tunneling Equipment Market
Due to the COVID-19 pandemic, the global Underground Tunneling Equipment market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Roadheader accounting for % of the Underground Tunneling Equipment global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Underground Mining segment is altered to an % CAGR throughout this forecast period.
China Underground Tunneling Equipment market size is valued at US$ million in 2021, while the US and Europe Underground Tunneling Equipment are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Underground Tunneling Equipment landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Underground Tunneling Equipment include CREG, CRCHI, Herrenknecht, NHI, LNSS, Tianhe, JIMT, Komatsu and Hitachi Zosen, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Underground Tunneling Equipment capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Underground Tunneling Equipment by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Underground Tunneling Equipment Scope and Segment
Underground Tunneling Equipment market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Underground Tunneling Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Roadheader
TBMs
Segment by Application
Underground Mining
Underground Municipal Engineering
Underground Transportation
Others
By Company
CREG
CRCHI
Herrenknecht
NHI
LNSS
Tianhe
JIMT
Komatsu
Hitachi Zosen
Terratec
Kawasaki
STEC
LXCE
Sandvik
SANY
XCMG
Antraquip
Sunward
BBM
Famur
Mitsui Miike Machinery
Deilmann-Haniel Mining Systems (DHMS)
MSB Schmittwerke
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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