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Middle East & Africa Tunnel Boring Machine Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Slurry TBM, Earth Pressure Balance Shield TBM, Open Gripper TBM, Shielded TBM, Multi-Mode TBM, and Other Types), Geology (Soft Ground, Hard Rock Ground, Variable Ground, and Heterogeneous Ground), and End-User (Transportation, Metals & Mining, Oil & Gas, and Other End-Users)

Code: TIPRE00020542 | Pages: 125 | Industry: Manufacturing and Construction | Date: Mar 2021
Covid

Market Introduction

The MEA includes South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The region is projected to have a rapid rise in urbanization and industrialization, which would further drive the growth of diverse industries. The Gulf Countries Council is planning various strategies to encourage collaboration, enhance innovation, streamline transportation, and improve their national economies. Consequently, it creates several opportunities to augment the infrastructure across the region. As per the tunneling tradition, the tunnel boring machine cannot commence work on a new project until it has been given a name, as it is considered the sign of good luck for the project ahead. Thus, the region is set to name several tunnel boring machines as the MEA is rapidly becoming a key market for tunneling and drilling equipment. As the MEA region is growing swiftly, major cities are becoming congested, and there is a surge in infrastructure construction. To meet the rising demand for infrastructure and address spatial limitations in developed cities, there is an increase in construction of tunnels. The transportation sector across the region is witnessing an unprecedented transformation. The adoption of smart city initiatives is also driving the market in the region. Thus, increasing demand for tunnel boring machines across the region is anticipated to bolster the market growth during the forecast period. Tunnel boring machines coming up with advanced technology is expected to create a significant demand for tunnel boring machine in the coming years, which is further anticipated to drive the MEA tunnel boring machine market.

The COVID-19 pandemic has adversely affected MEA. Iran and South Africa have the highest number of the COVID-19 positive cases in the MEA. The majority of the businesses in these countries have come to a halt and are expected to continue slower than usual pace. The countries are taking significant containment measures to control the spread of the virus. The COVID-19 pandemic in the Gulf Cooperation Council (GCC) is happening against already bleak economic conditions, in which consumer confidence has been weakening for the past few years owing to sluggish GDP growth, regional turbulence, and oil price declines. The region comprises many growing economies, such as UAE, that are prospective markets for tunnel boring machine providers due to the growing construction and infrastructure industry. Countries such as Dubai are at the forefront of technology adoption in various industries, including transportation. The demand for tunnel automation in Dubai is quite high, and the COVID-19 outbreak may hinder the demand till mid-2021 due to a decline in new infrastructure projects and activities.   

Market Overview and Dynamics

The tunnel boring machine market in MEA is expected to grow from US$ 257.61 million in 2019 to US$ 338.06 million by 2027; it is estimated to grow at a CAGR of 3.8% from 2020 to 2027. Tunnel boring machines usually have diameters from 5–17 meters. Microtunnel boring machines are smaller, with an excavation diameter of ~4 meters. At present, microtunnel activities are widely used to construct several kilometers of underground infrastructure. It is considered a fast alternative to traditional pipe installation systems. It is an automated process of boring and pipe installation used for excavation utility facilities, such as wastewater, freshwater, oil & gas, communications, and electricity. These machines are rising since they create less environmental impact compared to conventional excavation methods. Microtunnels have grown in MEA to replace aging infrastructure. The requirement for enhanced infrastructure across MEA is robust and stronger as the existing utility systems are aging. Thus, the region is highly focused on investing in microtunneling projects to meet the growing requirements of infrastructure.    

Key Market Segments

In terms of type, the slurry TBM segment accounted for the largest share of the MEA tunnel boring machine market in 2019. In terms of geology, the soft ground segment held a larger market share of the MEA tunnel boring machine market in 2019. In terms of end-user, the transportation segment held a larger market share of the MEA tunnel boring machine market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the tunnel boring machine market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Dalian Huarui Heavy Industry Group Co., Ltd.; Hitachi Zosen corporation; IHI Corporation; Kawasaki Heavy Industries, Ltd.; Komatsu Ltd.; and TERRATEC Ltd.

Reasons to buy report

  • To understand the MEA tunnel boring machine market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA tunnel boring machine market
  • Efficiently plan M&A and partnership deals in MEA tunnel boring machine market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA tunnel boring machine market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in MEA region.

MEA Tunnel Boring Machine Market Segmentation

MEA Tunnel Boring Machine Market - By Type

  • Slurry TBM
  • Earth Pressure Balance Shield TBM
  • Open Gripper TBM
  • Shielded TBM
  • Multi-Mode TBM
  • Other Types

MEA Tunnel Boring Machine Market - By Geology

  • Soft Ground
  • Hard Rock Ground
  • Variable Ground
  • Heterogeneous Ground

MEA Tunnel Boring Machine Market - By End-User

  • Transportation
  • Metals & Mining
  • Oil & Gas
  • Other End-Users

MEA Tunnel Boring Machine Market - By Country

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA  

MEA Tunnel Boring Machine Market - Company Profiles

  • Dalian Huarui Heavy Industry Group Co., Ltd.
  • Hitachi Zosen corporation
  • IHI Corporation
  • Kawasaki Heavy Industries, Ltd.
  • Komatsu Ltd.
  • TERRATEC Ltd.
 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        MEA Tunnel Boring Machine Market – By Type

1.3.2        MEA Tunnel Boring Machine Market – By Geology

1.3.3        MEA Tunnel Boring Machine Market – By End-User

1.3.4        MEA Tunnel Boring Machine Market- By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           MEA Tunnel Boring Machine Market Landscape

4.1         Market Overview

4.2         MEA PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Tunnel Boring Machine Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rising Trend of Developing Road Infrastructure Projects

5.1.2        Widespread Growth of Microtunneling

5.2         Market Restraints

5.2.1        Substantial Capital Investment

5.3         Market Opportunities

5.3.1        MEA Countries Witnessing Growth in Rail Infrastructure

5.4         Future Trends

5.4.1        Tunnel Boring Machines Coming Up with Advanced Technology

5.5         Impact Analysis of Drivers and Restraints

6.           Tunnel Boring Machine Market – MEA Analysis

6.1         MEA Tunnel Boring Machine Market Overview

6.2         MEA Tunnel Boring Machine Market – Revenue, and Forecast to 2027 (US$ Million)

7.           MEA Tunnel Boring Machine Market Analysis – By Type

7.1         Overview

7.2         MEA Tunnel Boring Machine Market Breakdown, by Type, 2019 & 2027

7.3         Slurry TBM

7.3.1        Overview

7.3.2        Slurry TBM Market Revenue and Forecast to 2027 (US$ Million)

7.4         Earth Pressure Balance Shield TBM

7.4.1        Overview

7.4.2        Earth Pressure Balance Shield TBM Market Revenue and Forecast to 2027 (US$ Million)

7.5         Open Gripper TBM

7.5.1        Overview

7.5.2        Open Gripper TBM Market Revenue and Forecast to 2027 (US$ Million)

7.6         Shielded TBM

7.6.1        Overview

7.6.2        Shielded TBM Market Revenue and Forecast to 2027 (US$ Million)

7.7         Multi-Mode TBM

7.7.1        Overview

7.7.2        Multi-Mode TBM Market Revenue and Forecast to 2027 (US$ Million)

7.8         Other Types

7.8.1        Overview

7.8.2        Other Types Market Revenue and Forecast to 2027 (US$ Million)

8.           MEA Tunnel Boring Machine Market Analysis – By Geology

8.1         Overview

8.2         MEA Tunnel Boring Machine Market Breakdown, by Geology, 2019 & 2027

8.3         Soft Ground

8.3.1        Overview

8.3.2        Soft Ground Market Revenue and Forecast to 2027 (US$ Million)

8.4         Hard Rock Ground

8.4.1        Overview

8.4.2        Hard Rock Ground Market Revenue and Forecast to 2027 (US$ Million)

8.5         Variable Ground

8.5.1        Overview

8.5.2        Variable Ground Market Revenue and Forecast to 2027 (US$ Million)

8.6         Heterogeneous Ground

8.6.1        Overview

8.6.2        Heterogeneous Ground Market Revenue and Forecast to 2027 (US$ Million)

9.           MEA Tunnel Boring Machine Market Analysis – By End-User

9.1         Overview

9.2         MEA Tunnel Boring Machine Market Breakdown, by End-User, 2019 & 2027

9.3         Transportation

9.3.1        Overview

9.3.2        Transportation Market Revenue and Forecast to 2027 (US$ Million)

9.4         Metals & Mining

9.4.1        Overview

9.4.2        Metals & Mining Market Revenue and Forecast to 2027 (US$ Million)

9.5         Oil & Gas

9.5.1        Overview

9.5.2        Oil & Gas Market Revenue and Forecast to 2027 (US$ Million)

9.6         Other End-Users

9.6.1        Overview

9.6.2        Other End-Users Market Revenue and Forecast to 2027 (US$ Million)

10.        MEA Tunnel Boring Machine Market – Country Analysis

10.1      Overview

10.1.1     MEA: Tunnel Boring Machine Market, By Country

10.1.1.1       South Africa: Tunnel Boring Machine Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.1.1       South Africa: Tunnel Boring Machine Market, By Type

10.1.1.1.2       South Africa: Tunnel Boring Machine Market, By Geology

10.1.1.1.3       South Africa: Tunnel Boring Machine Market, By End-User

10.1.1.2       Saudi Arabia: Tunnel Boring Machine Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.2.1       Saudi Arabia: Tunnel Boring Machine Market, By Type

10.1.1.2.2       Saudi Arabia: Tunnel Boring Machine Market, By Geology

10.1.1.2.3       Saudi Arabia: Tunnel Boring Machine Market, By End-User

10.1.1.3       UAE: Tunnel Boring Machine Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.3.1       UAE: Tunnel Boring Machine Market, By Type

10.1.1.3.2       UAE: Tunnel Boring Machine Market, By Geology

10.1.1.3.3       UAE: Tunnel Boring Machine Market, By End-User

10.1.1.4       Rest of MEA: Tunnel Boring Machine Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.4.1       Rest of MEA: Tunnel Boring Machine Market, By Type

10.1.1.4.2       Rest of MEA: Tunnel Boring Machine Market, By Geology

10.1.1.4.3       Rest of MEA: Tunnel Boring Machine Market, By End-User

11.        MEA Tunnel Boring Machine Market-Impact of COVID-19 Pandemic

11.1      MEA

12.        Industry Landscape

12.1      Overview

13.        Company Profiles

13.1      Dalian Huarui Heavy Industry Group Co., Ltd.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Hitachi Zosen corporation

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      IHI Corporation

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Kawasaki Heavy Industries, Ltd.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Komatsu Ltd.

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      TERRATEC Ltd.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

             14.2      Word Index

LIST OF TABLES

Table 1.             MEA Tunnel Boring Machine Market – Revenue, and Forecast to 2027 (US$ Million)

Table 2.             South Africa Tunnel Boring Machine Market, By Type – Revenue and Forecast to 2027 (US$ Million)

Table 3.             South Africa Tunnel Boring Machine Market, By Geology – Revenue and Forecast to 2027 (US$ Million)

Table 4.             South Africa Tunnel Boring Machine Market, By End-User – Revenue and Forecast to 2027 (US$ Million)

Table 5.             Saudi Arabia Tunnel Boring Machine Market, By Type – Revenue and Forecast to 2027 (US$ Million)

Table 6.             Saudi Arabia Tunnel Boring Machine Market, By Geology – Revenue and Forecast to 2027 (US$ Million)

Table 7.             Saudi Arabia Tunnel Boring Machine Market, By End-User – Revenue and Forecast to 2027 (US$ Million)

Table 8.             UAE Tunnel Boring Machine Market, By Type – Revenue and Forecast to 2027 (US$ Million)

Table 9.             UAE Tunnel Boring Machine Market, By Geology – Revenue and Forecast to 2027 (US$ Million)

Table 10.          UAE Tunnel Boring Machine Market, By End-User – Revenue and Forecast to 2027 (US$ Million)

Table 11.          Rest of MEA Tunnel Boring Machine Market, By Type – Revenue and Forecast to 2027 (US$ Million)

Table 12.          Rest of MEA Tunnel Boring Machine Market, By Geology – Revenue and Forecast to 2027 (US$ Million)

Table 13.          Rest of MEA Tunnel Boring Machine Market, By End-User – Revenue and Forecast to 2027 (US$ Million)

Table 14.            List of Abbreviation

LIST OF FIGURES

Figure 1.           MEA Tunnel Boring Machine Market Segmentation

Figure 2.           MEA Tunnel Boring Machine Market Segmentation – By Country

Figure 3.           MEA Tunnel Boring Machine Market Overview

Figure 4.           Slurry TBM Segment Held the Largest Market Share in 2019

Figure 5.           Soft Ground Segment Held the Largest Market Share in 2019

Figure 6.           Transportation Segment Held the Largest Market Share in 2019

Figure 7.           Rest of MEA to Show Great Traction During Forecast Period

Figure 8.           MEA PEST Analysis

Figure 9.           MEA Tunnel Boring Machine Market– Ecosystem Analysis

Figure 10.        Expert Opinion

Figure 11.        MEA Tunnel Boring Machine Market Impact Analysis of Drivers and Restraints

Figure 12.        MEA: Tunnel Boring Machine Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        MEA Tunnel Boring Machine Market Breakdown, by Type (2019 and 2027)

Figure 14.        MEA Slurry TBM Market Revenue and Forecast to 2027 (US$ Million)

Figure 15.        MEA Earth Pressure Balance Shield TBM Market Revenue and Forecast To 2027 (US$ Million)

Figure 16.        MEA Open Gripper TBM Market Revenue and Forecast To 2027 (US$ Million)

Figure 17.        MEA Shielded TBM Market Revenue and Forecast To 2027 (US$ Million)

Figure 18.        MEA Multi-Mode TBM Market Revenue and Forecast To 2027 (US$ Million)

Figure 19.        MEA Other Types Market Revenue and Forecast To 2027 (US$ Million)

Figure 20.        MEA Tunnel Boring Machine Market Breakdown, by Geology (2019 and 2027)

Figure 21.        MEA Soft Ground Market Revenue and Forecast to 2027 (US$ Million)

Figure 22.        MEA Hard Rock Ground Market Revenue and Forecast To 2027 (US$ Million)

Figure 23.        MEA Variable Ground Market Revenue and Forecast To 2027 (US$ Million)

Figure 24.        MEA Heterogeneous Ground Market Revenue and Forecast To 2027 (US$ Million)

Figure 25.        MEA Tunnel Boring Machine Market Breakdown, by End-User (2019 and 2027)

Figure 26.        MEA Transportation Market Revenue and Forecast to 2027 (US$ Million)

Figure 27.        MEA Metals & Mining Market Revenue and Forecast To 2027 (US$ Million)

Figure 28.        MEA Oil & Gas Market Revenue and Forecast To 2027 (US$ Million)

Figure 29.        MEA Other End-Users Market Revenue and Forecast To 2027 (US$ Million)

Figure 30.        MEA: Tunnel Boring Machine Market, by Key Country – Revenue (2019) (USD Million)

Figure 31.        MEA: Tunnel Boring Machine Market Revenue Share, By Country (2019 and 2027)

Figure 32.        South Africa: Tunnel Boring Machine Market – Revenue and Forecast to 2027 (US$ Million)

Figure 33.        Saudi Arabia: Tunnel Boring Machine Market – Revenue and Forecast to 2027 (US$ Million)

Figure 34.        UAE: Tunnel Boring Machine Market – Revenue and Forecast to 2027 (US$ Million)

Figure 35.        Rest of MEA: Tunnel Boring Machine Market – Revenue and Forecast to 2027 (US$ Million)

Figure 36.        Impact of COVID-19 Pandemic in MEA Country Markets

 

  1. Dalian Huarui Heavy Industry Group Co., Ltd.
  2. Hitachi Zosen corporation
  3. IHI Corporation
  4. Kawasaki Heavy Industries, Ltd.
  5. Komatsu Ltd.
  6. TERRATEC Ltd.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA tunnel boring machine market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the MEA tunnel boring machine market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the tunnel boring machine market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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