GLOBAL TUNNEL BORING MACHINE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Recent Developments:
In April 2022, the expansion of the Macau Light Transit (LRT) system towards Hengqin progressed into the tunneling phase. This development, as confirmed by officials in Zhuhai, is expected to continue for an additional three years. A monumental tunnel-boring machine utilizing Earth pressure balance technology has been crafted in Changsha, Hunan, specifically for this venture. This machine is noteworthy for its size, being the largest of its kind to be employed in the Special Administrative Region, with a diameter of 7.98 meters and a length of 87 meters.
In October 2022, the ambitious HS2 project witnessed the deployment of six tunnel boring machines (TBMs) to carve out over 26 miles of tunnels beneath London. Marking a significant step in the project, the fourth out of ten planned TBMs has been initiated. This particular machine is set to navigate a five-mile stretch from the Victoria Road site in West London to Greenpark Way in Greenford. Post-completion, it will be disassembled and removed from the ground. Additionally, another TBM is slated for launch from the same site later in the year, with the objective of constructing a twin-bore tunnel towards the city center as part of the HS2's expansive network.
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