The Market Reports

Synopsis
The global market for Micro Tunnel Boring Machine was estimated to be worth US$ 572 million in 2024 and is forecast to a readjusted size of US$ 928 million by 2031 with a CAGR of 7.5% during the forecast period 2025-2031.
Micro Tunnel Boring Machine (Micro-TBM) is a specialized mechanized excavation device designed for the construction of small-diameter tunnels, typically ranging from 0.6 to 4 meters in diameter. These machines are commonly used in urban infrastructure projects, such as sewerage systems, water pipelines, utility conduits, and telecommunications networks, where minimal surface disruption is required. Micro-TBMs utilize advanced guidance and control systems to ensure precise tunneling along predefined paths, often operating within congested urban environments or geologically challenging conditions. Depending on soil and rock conditions, Micro-TBMs can be categorized into slurry, earth pressure balance (EPB), and open-face shield types, each tailored to specific ground conditions. Their automated excavation, soil management, and segmental lining capabilities enable efficient, safe, and cost-effective underground construction while minimizing environmental impact.
The global Micro Tunnel Boring Machine (Micro-TBM) market is experiencing steady growth, driven by increasing demand for underground infrastructure projects across urban areas. These machines are crucial for constructing underground pipelines, sewage systems, and utility tunnels with minimal surface disruption. The market is led by key manufacturers such as Herrenknecht, CRHIC, CRCHI, Akkerman, Northern Heavy Industries Group, Terratec, Liaoning Censcience Industry, and mts Microtunneling Systems GmbH, with Herrenknecht holding over 20% of the market share. Geographically, China dominates production, accounting for nearly 40% of total output, followed by Europe with around 30%. This concentration highlights the strong manufacturing capabilities of these regions, particularly in large-scale infrastructure development.
In terms of product segmentation, the most widely used type is the Earth Pressure Balance (EPB) machine, which holds over 40% of the market share. Other commonly used variants include Slurry Shield (SS), Pilot Tube Microtunneling (PTMT), Auger Boring, and Vacuum Extraction TBMs, each suited for different soil and geotechnical conditions. EPB machines are preferred for their ability to maintain stability in soft ground conditions, making them ideal for urban tunneling projects. Slurry Shield machines, on the other hand, are often used in high-water-content soils, ensuring efficiency and safety in more challenging excavation environments. The demand for specialized TBMs is growing as urban development projects require more precise and efficient tunneling solutions.
Looking at applications, the urban rail system segment is the largest, accounting for more than 50% of the market share. As cities expand and transportation networks evolve, underground rail construction is becoming essential to reduce congestion and improve connectivity. Governments worldwide are increasing investments in metro and subway systems, further fueling the demand for Micro-TBMs. Additionally, other applications such as water supply, wastewater management, oil & gas pipelines, and underground utility corridors are also contributing to market expansion. The demand for sustainable and efficient underground infrastructure solutions is expected to drive continuous innovation in TBM technology, leading to improved automation, better control systems, and enhanced safety measures.
This report aims to provide a comprehensive presentation of the global market for Micro Tunnel Boring Machine, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Micro Tunnel Boring Machine by region & country, by Type, and by Application.
The Micro Tunnel Boring Machine market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
Market Segmentation
By Company
Herrenknecht
CRHIC
CRCHI
Akkerman
Northeren Heavy Industries Group
Terratec
Liaoning Censcience Industry
mts Microtunneling Systems GmbH
Pezzimenti Tunnelbore
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
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Micro Tunnel Boring Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Micro Tunnel Boring Machine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Micro Tunnel Boring Machine in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index