GLOBAL TUNNEL BORING MACHINE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Regional Analysis

Tunnel Boring Machine Market Regional Insights:

• North America: Tunnel boring machine market in North America holds 10% in the market.
• Asia Pacific: Asia Pacific is poised to expand at the fastest CAGR at 15% during the forecast period, due to factors such as significant investments in the regional transportation infrastructure, including underground metro systems, high-speed rail networks, and extensive road tunnels.
• Europe: Europe hold the largest market revenue share in 2024 and that is 35%, aided by factors such as several cross-border infrastructure projects for improving connectivity between neighboring nations.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa