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GLOBAL TUNNEL BORING MACHINE MARKET regional analysis

Global Tunnel Boring Machine Market, By Product Type (Hard Rock TBM, Soft Ground TBM), Heterogeneous Ground TBM, By End use (Mining, Oil & Gas, Transport, Utility, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

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.
Geographies covered:
  • 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

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