Industry: Machinery & Equipment
Published Date: 2026-07-15
Pages: 136 Pages
Report ld: 6953049
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Tunneling Equipment Market Size(US$)

CAGR 2026-2032
3.5%
Market Size,2032
USD 7,654
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Tunneling Equipment was estimated to be worth US$ 6019 million in 2025 and is projected to reach US$ 7654 million, growing at a CAGR of 3.5% from 2026 to 2032.
A Tunnel Boring Machines is a machine used to excavate tunnels with a circular cross section through a variety of soil and rock strata. They may also be used for micro tunneling. In Japan and China, the machines used for soil are called shield tunneling machines and machines used for hard rock are called tunnel boring machine. But in Europe and USA, they are called the same name tunnel boring machine. The research we did include all of them.
Roadheader is kind of combine machine which could realize cutting, load, conveyor, automatic moving, spreading fog and cleaning dust. It almost uses on tunnel of coal mine, at recent years, the range of working of roadheader is greatly developing. It becomes mainly using on highway, railway, metro, national defense engineering project, water conservancy project, nonferrous metal and nonmetal mining tunnel, and mining exploring, etc.
Tunneling machinery is a series equipment designed and built to withstand the harsh conditions associated with tunnel construction. In this report, tunneling machinery including tunnel boring machines and roadheader.
China maintained the first place and increaing in the global tunneling machinery industry market for years, which was expected to reach over 50% of the market share in 2026.
This report provides a comprehensive view of the global market for Tunneling Equipment, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Tunneling Equipment market size, estimations, and forecasts are presented in terms of sales volume (K Units) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Tunneling Equipment.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Tunneling Equipment manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Tunneling Equipment sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Tunneling Equipment sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Tunneling Equipment Product Introduction
1.2 Global Tunneling Equipment Market Size Forecast
1.2.1 Global Tunneling Equipment Sales Value (2021–2032)
1.2.2 Global Tunneling Equipment Sales Volume (2021–2032)
1.2.3 Global Tunneling Equipment Sales Price (2021–2032)
1.3 Tunneling Equipment Market Trends & Drivers
1.3.1 Tunneling Equipment Industry Trends
1.3.2 Tunneling Equipment Market Drivers & Opportunities
1.3.3 Tunneling Equipment Market Challenges
1.3.4 Tunneling Equipment Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Tunneling Equipment Players Revenue Ranking (2025)
2.2 Global Tunneling Equipment Revenue by Company (2021–2026)
2.3 Global Tunneling Equipment Sales Volume Ranking of Players (2025)
2.4 Global Tunneling Equipment Sales Volume by Company (2021–2026)
2.5 Global Tunneling Equipment Average Price by Company (2021–2026)
2.6 Key Manufacturers Tunneling Equipment Manufacturing Base and Headquarters
2.7 Key Manufacturers Tunneling Equipment Product Offerings
2.8 Key Manufacturers Start of Mass Production of Tunneling Equipment
2.9 Tunneling Equipment Market Competitive Analysis
2.9.1 Tunneling Equipment Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Tunneling Equipment Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Tunneling Equipment revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Tunneling Equipment Market Classification
3.1 Introduction by Type
3.1.1 Excavator
3.1.2 Forklift
3.1.3 Spray Car
3.1.4 Global Tunneling Equipment Sales Value by Type
3.1.4.1 Global Tunneling Equipment Sales Value by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Tunneling Equipment Sales Value, by Type (2021–2032)
3.1.4.3 Global Tunneling Equipment Sales Value, by Type (%), 2021–2032
3.1.5 Global Tunneling Equipment Sales Volume by Type
3.1.5.1 Global Tunneling Equipment Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global Tunneling Equipment Sales Volume, by Type (2021–2032)
3.1.5.3 Global Tunneling Equipment Sales Volume, by Type (%), 2021–2032
3.1.6 Global Tunneling Equipment Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Subway
4.1.2 Mining
4.1.3 Other
4.2 Global Tunneling Equipment Sales Value by Application
4.2.1 Global Tunneling Equipment Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Tunneling Equipment Sales Value, by Application (2021–2032)
4.2.3 Global Tunneling Equipment Sales Value, by Application (%), 2021–2032
4.3 Global Tunneling Equipment Sales Volume by Application
4.3.1 Global Tunneling Equipment Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Tunneling Equipment Sales Volume, by Application (2021–2032)
4.3.3 Global Tunneling Equipment Sales Volume, by Application (%), 2021–2032
4.4 Global Tunneling Equipment Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Tunneling Equipment Sales Value by Region
5.1.1 Global Tunneling Equipment Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Tunneling Equipment Sales Value by Region (2021–2026)
5.1.3 Global Tunneling Equipment Sales Value by Region (2027–2032)
5.1.4 Global Tunneling Equipment Sales Value by Region (%), 2021–2032
5.2 Global Tunneling Equipment Sales Volume by Region
5.2.1 Global Tunneling Equipment Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Tunneling Equipment Sales Volume by Region (2021–2026)
5.2.3 Global Tunneling Equipment Sales Volume by Region (2027–2032)
5.2.4 Global Tunneling Equipment Sales Volume by Region (%), 2021–2032
5.3 Global Tunneling Equipment Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Tunneling Equipment Sales Value, 2021–2032
5.4.2 North America Tunneling Equipment Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Tunneling Equipment Sales Value, 2021–2032
5.5.2 Europe Tunneling Equipment Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Tunneling Equipment Sales Value, 2021–2032
5.6.2 Asia Pacific Tunneling Equipment Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Tunneling Equipment Sales Value, 2021–2032
5.7.2 South America Tunneling Equipment Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Tunneling Equipment Sales Value, 2021–2032
5.8.2 Middle East & Africa Tunneling Equipment Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Tunneling Equipment Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Tunneling Equipment Sales Value and Sales Volume
6.2.1 Key Countries/Regions Tunneling Equipment Sales Value, 2021–2032
6.2.2 Key Countries/Regions Tunneling Equipment Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Tunneling Equipment Sales Value, 2021–2032
6.3.2 United States Tunneling Equipment Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Tunneling Equipment Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Tunneling Equipment Sales Value, 2021–2032
6.4.2 Europe Tunneling Equipment Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Tunneling Equipment Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Tunneling Equipment Sales Value, 2021–2032
6.5.2 China Tunneling Equipment Sales Value by Type (%), 2025 vs 2032
6.5.3 China Tunneling Equipment Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Tunneling Equipment Sales Value, 2021–2032
6.6.2 Japan Tunneling Equipment Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Tunneling Equipment Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Tunneling Equipment Sales Value, 2021–2032
6.7.2 South Korea Tunneling Equipment Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Tunneling Equipment Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Tunneling Equipment Sales Value, 2021–2032
6.8.2 Southeast Asia Tunneling Equipment Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Tunneling Equipment Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Tunneling Equipment Sales Value, 2021–2032
6.9.2 India Tunneling Equipment Sales Value by Type (%), 2025 vs 2032
6.9.3 India Tunneling Equipment Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Atlas Copco
7.1.1 Atlas Copco Company Information
7.1.2 Atlas Copco Introduction and Business Overview
7.1.3 Atlas Copco Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 Atlas Copco Tunneling Equipment Product Offerings
7.1.5 Atlas Copco Recent Developments
7.2 Bessac - Tunnels & Microtunnels
7.2.1 Bessac - Tunnels & Microtunnels Company Information
7.2.2 Bessac - Tunnels & Microtunnels Introduction and Business Overview
7.2.3 Bessac - Tunnels & Microtunnels Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 Bessac - Tunnels & Microtunnels Tunneling Equipment Product Offerings
7.2.5 Bessac - Tunnels & Microtunnels Recent Developments
7.3 Hitachi Zosen
7.3.1 Hitachi Zosen Company Information
7.3.2 Hitachi Zosen Introduction and Business Overview
7.3.3 Hitachi Zosen Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Hitachi Zosen Tunneling Equipment Product Offerings
7.3.5 Hitachi Zosen Recent Developments
7.4 Sandvik Construction
7.4.1 Sandvik Construction Company Information
7.4.2 Sandvik Construction Introduction and Business Overview
7.4.3 Sandvik Construction Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 Sandvik Construction Tunneling Equipment Product Offerings
7.4.5 Sandvik Construction Recent Developments
7.5 SANYHE International Holdings
7.5.1 SANYHE International Holdings Company Information
7.5.2 SANYHE International Holdings Introduction and Business Overview
7.5.3 SANYHE International Holdings Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 SANYHE International Holdings Tunneling Equipment Product Offerings
7.5.5 SANYHE International Holdings Recent Developments
7.6 HERRENKNECHT
7.6.1 HERRENKNECHT Company Information
7.6.2 HERRENKNECHT Introduction and Business Overview
7.6.3 HERRENKNECHT Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 HERRENKNECHT Tunneling Equipment Product Offerings
7.6.5 HERRENKNECHT Recent Developments
7.7 Akkerman
7.7.1 Akkerman Company Information
7.7.2 Akkerman Introduction and Business Overview
7.7.3 Akkerman Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 Akkerman Tunneling Equipment Product Offerings
7.7.5 Akkerman Recent Developments
7.8 Astec Industries
7.8.1 Astec Industries Company Information
7.8.2 Astec Industries Introduction and Business Overview
7.8.3 Astec Industries Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 Astec Industries Tunneling Equipment Product Offerings
7.8.5 Astec Industries Recent Developments
7.9 China Railway Engineering
7.9.1 China Railway Engineering Company Information
7.9.2 China Railway Engineering Introduction and Business Overview
7.9.3 China Railway Engineering Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 China Railway Engineering Tunneling Equipment Product Offerings
7.9.5 China Railway Engineering Recent Developments
7.10 China Communications
7.10.1 China Communications Company Information
7.10.2 China Communications Introduction and Business Overview
7.10.3 China Communications Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 China Communications Tunneling Equipment Product Offerings
7.10.5 China Communications Recent Developments
7.11 DH Mining System
7.11.1 DH Mining System Company Information
7.11.2 DH Mining System Introduction and Business Overview
7.11.3 DH Mining System Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.11.4 DH Mining System Tunneling Equipment Product Offerings
7.11.5 DH Mining System Recent Developments
7.12 Furukawa Rock Drill
7.12.1 Furukawa Rock Drill Company Information
7.12.2 Furukawa Rock Drill Introduction and Business Overview
7.12.3 Furukawa Rock Drill Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.12.4 Furukawa Rock Drill Tunneling Equipment Product Offerings
7.12.5 Furukawa Rock Drill Recent Developments
7.13 GHH Mining Machines
7.13.1 GHH Mining Machines Company Information
7.13.2 GHH Mining Machines Introduction and Business Overview
7.13.3 GHH Mining Machines Tunneling Equipment Sales, Revenue, Price and Gross Margin (2021–2026)
7.13.4 GHH Mining Machines Tunneling Equipment Product Offerings
7.13.5 GHH Mining Machines Recent Developments
8 Industry Chain Analysis
8.1 Tunneling Equipment Industrial Chain
8.2 Tunneling Equipment Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Tunneling Equipment Sales Model
8.5.2 Sales Channels
8.5.3 Tunneling Equipment Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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The global Tunneling Equipment market is projected to grow from US$ 5833 million in 2024 to US$ 7418 million by 2031, at a CAGR of 3.5% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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