Tunnel Boring Machine Market: Trends, Growth, and Future Prospects (2034)
The tunnel boring machine (TBM) market is experiencing significant growth, with the market valued at around USD 6,652.44 million in 2024. This market is expected to grow at a CAGR of 6% during the forecast period of 2025-2034, reaching USD 11,239.16 million by 2034. Tunnel boring machines are widely used in the construction of tunnels for infrastructure projects like subways, roads, water...
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