Microtunnel Machine Market Size, Share, and Industry Analysis, By Type (Earth Pressure Balance Machines, Slurry Shield (SS), Pilot Tube Microtunneling (PTMT), Auger Boring, Vacuum Extraction TBM and Others), By Application (Rock, Sand, Clay, Others) Regional Insights, and Forecast From 2023 To 2030

Updated On: 11 September 2023

Microtunnel Machine Market Report Overview

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The global microtunnel machine market size was USD 429.5 million in 2021 and is projected to touch USD 857 million by 2028, exhibiting a CAGR of 10.4% in (2021-2028).

The sudden spike in CAGR is attributable to microtunnel machine market growth and demand returning to pre-pandemic levels once the pandemic is over. The global COVID-19 pandemic has been unprecedented and staggering, with microtunnel machine experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The pipe jacking model is integrated with the digging technique of microtunneling to provide a controlled remotely, guided method of construction. The total procedure minimises the necessity for exposed tunnels for pipe installation due to its thorough procedures, assuring less damage to the surrounding neighbourhood.

The technique was created by the East-Asian in the mid-1970s, and it is currently the most precise approach for installing pipelines. Microtunneling has developed into a direct and useful method of conducting business as a result of a requirement to use "green" techniques. A microtunnel boring machine (MTBM) installed on a jacking frame that is advanced using jacks is used in the trenchless construction process known as microtunneling. Pipes with different diameters between 48 inches upto 12 feet can be placed precisely thanks to the automated steering system.

For sloped and long car rides, the computerized drive system that is utilised to guide the MTBM even during digging operations produces extremely accurate results. The system makes use of cutting-edge technology, including closed-circuit television (CCTV) cameras, gyroscopes, tachymetry, and laser guidance, to assist the operator in remotely guiding the MTBM. Operators are able to precisely direct the MTBM thanks to the continual location relay.

COVID-19 Impact: Supply and Lockdown Limitations to Impede Market Advancement

Beginning in 2021, the COVID-19 illness spread around the globe, affecting countless people in general, and major governments across the world issued orders for work stoppages and foot restrictions. Most initiatives have been seriously impacted, with the exception of the groups that provide medical products and life support equipment. Construction activity was briefly halted or suspended as a result of the lockout, which had a significant impact on the market's application programming interface. The microtunnel machine market has been badly damaged by the Covid-19 epidemic. Owing to the closure and societal conventions of distance, major corporations have temporarily ceased operations in many regions. Due to the increased urbanisation and growing demand for efficient use of existing space, the sector anticipates significant demand and requirement following the pandemic.

Microtunnel machine market growth is predicted to rise as a result of growing demand and rising application areas.

LATEST TRENDS 

Laser Controlled Guiding Systems to Stimulate Market Development

For microtunnel machine projects, a laser-controlled guiding system is frequently employed. It gives the operator real-time data for precise steering operations.

The motorised laser target unit aids in calculating the MTBM's (microtunneling boring machine) pitch and roll as well as its horizontal and vertical positions. In a true operate, a conventional laser sight is sufficient to maintain machine alignment; however, curved drives necessitate guidance devices, such as those found on longer bores. By eliminating impediments and intermediary shafts, curved alignments also aid in extending the drive length. Both horizontal and vertical curves have been achieved successfully using microtunnel machine. 

The market is expected to grow at a rapid rate throughout the forecast period because of the improvements in microtunnel machine technology and installation effectiveness.

Microtunnel Machine Market Segmentation

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• By Type

Based on type; the market is divided into earth pressure balance machines, slurry shield (SS), pilot tube microtunneling (PTMT), auger boring, vacuum extraction TBM and others

Earth pressure balance machines type is the leading part of the type segment.

• By Application

Based on the application; the market is divided into rock, sand, clay, others

Rock is the leading part of the application segment.

DRIVING FACTORS

"Rapidly Expanding Road Networks to Aid Market Expansion "

Due to increasing levels of urbanisation and population, particularly in developing and advanced regions of the world, the worldwide transportation infrastructure and construction business is expanding at an amazing rate. The global market is being driven by rapidly expanding road networks worldwide and rising government spending on infrastructure. The need for microtunnel machine is being fuelled by spending on new infrastructure improvements in numerous possible countries and upgrading existing infrastructure. Some of the key drivers driving the global market include the advancement of smart cities, the upgrading of infrastructure, and the rising trend of tunnel automation. The design of tunnels for streamlined road transportation and shortened travel times is a collaborative effort among several administrations of big countries.

"Increasing Adoption of Tunnel Boring Machines to Foster Industry Progress "

An equipment called the tunnel boring machine (TBM), often known as a mole, excavates circular tunnels through different soil and rock strata. They can cut through almost any material, even sand and hard rock. Micro-TBMs have been used to create tunnels with diameters as small as one metre and as large as nearly 16 metres.

For tunnels with a diameter less than one metre, it is typically advised to employ parallel guiding boring or dewatering construction rather than TBMs. Tunnel Boring machines take the place of conventional hand digging or mining in soil and excavation and blow-up operations in rock.

RESTRAINING FACTORS

"Geological Concerns and Difficult Installation Process to Hinder Market Advancement "

Initially, the multi-million cents tunnel boring machines (TBM), like the ones employed to excavate the tunnel, are frequently thought to be expensive and are thus neglected. Soft fragmented boulders, fault fragmented regions, water partial discharge, moisture bearing structures, collapse, surrounding rock deformation, and rock-burst are the main geological concerns that have an impact on the effectiveness and security of a tunnel construction using a TBM. It is projected that geological concerns and purchasing costs will impede market expansion. The most major drawback is the initial capital expense. TBMs are expensive to construct, challenging to move, and necessitate substantial energy and backup systems.

Microtunnel Machine Market Regional Insights

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"Rising Developments in Residential Sector to Foster Market Advancement in Europe"

Due to the rising developments in residential sector, overall microtunnel market in Europe is anticipated to grow at a rapid rate. Due to increased political attention on the construction sector the marketplace in the region is anticipated to expand at a large rate. The microtunnel machine market share with in the area is expected to be driven by the rising demand for TBM (tunnel boring machine) tunnel boring machines, which assist in digging tunnels underground, are widely used in Europe as the region choose to implement underground urban transit networks. They are employed to dig tunnels through different soil and rock strata, from sand to hard rock. In the upcoming years, it is projected that the growing need for equipment by construction sectors in Europe would further boost the market for microtunnel machine.

KEY INDUSTRY PLAYERS

"Prominent Players in the Industry to Promote Market Expansion"

Additionally, this research study provides important insights on the state of the industry and serves as a crucial source of guidance and direction for businesses and individuals interested in the market. By providing a comprehensive analysis of potential new competitors as well as current competitors with in microtunnel machine market industry, the study may aid in market comprehension and assist or organize for corporate investment appropriately.

The analysis also focuses on the key players who are shaping the global microtunnel machine market, providing information about their company profiles, scope, output, value, cost, and contacts. In this analysis, market trends, volume, and value are included. This study examines the overall market share from a worldwide perspective by decomposing historical data and potential future developments. The market description and geographic locations are discussed in the research report along with the market's size, growth, new trends, and opportunities. The market research also offers a thorough analysis of the global market's competitive landscape.

List of Market Players Profiled

• Akkerman (U.S.)
• mts Microtunneling Systems (Germany)
• Herrenknecht (Germany)
• CRCHI (China)
• Terratec (Germany)
• Vermeer (U.S.)
• Bohrtec (Germany)

REPORT COVERAGE

The detailed examination demonstrates where they range from drivers and offers scope for strategic planning. It is important to identify the variables that limit market growth so that new strategies can be developed to take advantage of the lucrative opportunities that exist in the rapidly growing sector. Perspectives from industry professionals have additionally been taken into account to help better understand the market.

 According to kind, use, and customer sector, the study breaks into the market's size, characteristics, and growth. Additionally, it offers a thorough examination of all factors influencing market development both prior to and following the Covid-19 pandemic. Moreover, it offers the precise data and cutting-edge analysis required to create a perfect business strategy and define the best course for everyone involved in the industry's rapid growth.