Global Underground Construction Equipment Market

Global Underground Construction Equipment Market Research Report 2021

Global Underground Construction Equipment Market

Global Underground Construction Equipment Market Research Report 2021


Discover the latest insights into the booming Underground Construction Equipment Market. This report analyzes market size, growth trends (CAGR ), key players, and regional performance, offering valuable data for investors and industry professionals. Explore market drivers, restraints, and future projections for -.

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Research Predicts that Underground Construction Equipment Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.

Global Underground Construction Equipment Market Overview:

Global Underground Construction Equipment Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Underground Construction Equipment involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

Impact of COVID-19 on Underground Construction Equipment Market

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the Underground Construction Equipment market in 2020.

Global Underground Construction Equipment Market Segmentation

By Type, Underground Construction Equipment market has been segmented into:

Tunneling Equipment

Piercing Tools

Vibratory Plows

Load and Haul Equipment

By Application, Underground Construction Equipment market has been segmented into:

Oil & Gas

Railway and Highway

Municipal Engineering

Others

Regional Analysis:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Top Key Players Covered in Underground Construction Equipment market are:

Mitsubishi

Sandvik Group

Tenbusch Inc.

Herrenknecht

CREC

CRCHI

Robbins

Tianhe

Wirth

Komatsu

NHI

Kawasaki

Ishikawajima-Harima

Terratec

SELI

Tianye Tolian

Geospatial Corporation

1. Market Overview of Underground Construction Equipment

1.1 Underground Construction Equipment Market Overview

1.1.1 Underground Construction Equipment Product Scope

1.1.2 Market Status and Outlook

1.2 Underground Construction Equipment Market Size by Regions: 2015 VS 2021 VS 2026

1.3 Underground Construction Equipment Historic Market Size by Regions (2015-2020)

1.4 Underground Construction Equipment Forecasted Market Size by Regions (2021-2026)

1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)

1.5.1 North America

1.5.2 East Asia

1.5.3 Europe

1.5.4 South Asia

1.5.5 Southeast Asia

1.5.6 Middle East

1.5.7 Africa

1.5.8 Oceania

1.5.9 South America

1.5.10 Rest of the World

1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth

1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections

1.6.2 Covid-19 Impact: Commodity Prices Indices

1.6.3 Covid-19 Impact: Global Major Government Policy

2. Covid-19 Impact Underground Construction Equipment Sales Market by Type (2015-2026)

2.1 Global Underground Construction Equipment Historic Market Size by Type (2015-2020)

2.2 Global Underground Construction Equipment Forecasted Market Size by Type (2021-2026)

2.3 Tunneling Equipment

2.4 Piercing Tools

2.5 Vibratory Plows

2.6 Load and Haul Equipment

3. Covid-19 Impact Underground Construction Equipment Sales Market by Application (2015-2026)

3.1 Global Underground Construction Equipment Historic Market Size by Application (2015-2020)

3.2 Global Underground Construction Equipment Forecasted Market Size by Application (2021-2026)

3.3 Oil & Gas

3.4 Railway and Highway

3.5 Municipal Engineering

3.6 Others

4. Covid-19 Impact Market Competition by Manufacturers

4.1 Global Underground Construction Equipment Production Capacity Market Share by Manufacturers (2015-2020)

4.2 Global Underground Construction Equipment Revenue Market Share by Manufacturers (2015-2020)

4.3 Global Underground Construction Equipment Average Price by Manufacturers (2015-2020)

5. Company Profiles and Key Figures in Underground Construction Equipment Business

5.1 Mitsubishi

5.1.1 Mitsubishi Company Profile

5.1.2 Mitsubishi Underground Construction Equipment Product Specification

5.1.3 Mitsubishi Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.2 Sandvik Group

5.2.1 Sandvik Group Company Profile

5.2.2 Sandvik Group Underground Construction Equipment Product Specification

5.2.3 Sandvik Group Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.3 Tenbusch Inc.

5.3.1 Tenbusch Inc. Company Profile

5.3.2 Tenbusch Inc. Underground Construction Equipment Product Specification

5.3.3 Tenbusch Inc. Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.4 Herrenknecht

5.4.1 Herrenknecht Company Profile

5.4.2 Herrenknecht Underground Construction Equipment Product Specification

5.4.3 Herrenknecht Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.5 CREC

5.5.1 CREC Company Profile

5.5.2 CREC Underground Construction Equipment Product Specification

5.5.3 CREC Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.6 CRCHI

5.6.1 CRCHI Company Profile

5.6.2 CRCHI Underground Construction Equipment Product Specification

5.6.3 CRCHI Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.7 Robbins

5.7.1 Robbins Company Profile

5.7.2 Robbins Underground Construction Equipment Product Specification

5.7.3 Robbins Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.8 Tianhe

5.8.1 Tianhe Company Profile

5.8.2 Tianhe Underground Construction Equipment Product Specification

5.8.3 Tianhe Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.9 Wirth

5.9.1 Wirth Company Profile

5.9.2 Wirth Underground Construction Equipment Product Specification

5.9.3 Wirth Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.10 Komatsu

5.10.1 Komatsu Company Profile

5.10.2 Komatsu Underground Construction Equipment Product Specification

5.10.3 Komatsu Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.11 NHI

5.11.1 NHI Company Profile

5.11.2 NHI Underground Construction Equipment Product Specification

5.11.3 NHI Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.12 Kawasaki

5.12.1 Kawasaki Company Profile

5.12.2 Kawasaki Underground Construction Equipment Product Specification

5.12.3 Kawasaki Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.13 Ishikawajima-Harima

5.13.1 Ishikawajima-Harima Company Profile

5.13.2 Ishikawajima-Harima Underground Construction Equipment Product Specification

5.13.3 Ishikawajima-Harima Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.14 Terratec

5.14.1 Terratec Company Profile

5.14.2 Terratec Underground Construction Equipment Product Specification

5.14.3 Terratec Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.15 SELI

5.15.1 SELI Company Profile

5.15.2 SELI Underground Construction Equipment Product Specification

5.15.3 SELI Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.16 Tianye Tolian

5.16.1 Tianye Tolian Company Profile

5.16.2 Tianye Tolian Underground Construction Equipment Product Specification

5.16.3 Tianye Tolian Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.17 Geospatial Corporation

5.17.1 Geospatial Corporation Company Profile

5.17.2 Geospatial Corporation Underground Construction Equipment Product Specification

5.17.3 Geospatial Corporation Underground Construction Equipment Production Capacity, Revenue, Price and Gross Margin (2015-2020)

6. North America

6.1 North America Underground Construction Equipment Market Size (2015-2026)

6.2 North America Underground Construction Equipment Key Players in North America (2015-2020)

6.3 North America Underground Construction Equipment Market Size by Type (2015-2020)

6.4 North America Underground Construction Equipment Market Size by Application (2015-2020)

7. East Asia

7.1 East Asia Underground Construction Equipment Market Size (2015-2026)

7.2 East Asia Underground Construction Equipment Key Players in North America (2015-2020)

7.3 East Asia Underground Construction Equipment Market Size by Type (2015-2020)

7.4 East Asia Underground Construction Equipment Market Size by Application (2015-2020)

8. Europe

8.1 Europe Underground Construction Equipment Market Size (2015-2026)

8.2 Europe Underground Construction Equipment Key Players in North America (2015-2020)

8.3 Europe Underground Construction Equipment Market Size by Type (2015-2020)

8.4 Europe Underground Construction Equipment Market Size by Application (2015-2020)

9. South Asia

9.1 South Asia Underground Construction Equipment Market Size (2015-2026)

9.2 South Asia Underground Construction Equipment Key Players in North America (2015-2020)

9.3 South Asia Underground Construction Equipment Market Size by Type (2015-2020)

9.4 South Asia Underground Construction Equipment Market Size by Application (2015-2020)

10. Southeast Asia

10.1 Southeast Asia Underground Construction Equipment Market Size (2015-2026)

10.2 Southeast Asia Underground Construction Equipment Key Players in North America (2015-2020)

10.3 Southeast Asia Underground Construction Equipment Market Size by Type (2015-2020)

10.4 Southeast Asia Underground Construction Equipment Market Size by Application (2015-2020)

11. Middle East

11.1 Middle East Underground Construction Equipment Market Size (2015-2026)

11.2 Middle East Underground Construction Equipment Key Players in North America (2015-2020)

11.3 Middle East Underground Construction Equipment Market Size by Type (2015-2020)

11.4 Middle East Underground Construction Equipment Market Size by Application (2015-2020)

12. Africa

12.1 Africa Underground Construction Equipment Market Size (2015-2026)

12.2 Africa Underground Construction Equipment Key Players in North America (2015-2020)

12.3 Africa Underground Construction Equipment Market Size by Type (2015-2020)

12.4 Africa Underground Construction Equipment Market Size by Application (2015-2020)

13. Oceania

13.1 Oceania Underground Construction Equipment Market Size (2015-2026)

13.2 Oceania Underground Construction Equipment Key Players in North America (2015-2020)

13.3 Oceania Underground Construction Equipment Market Size by Type (2015-2020)

13.4 Oceania Underground Construction Equipment Market Size by Application (2015-2020)

14. South America

14.1 South America Underground Construction Equipment Market Size (2015-2026)

14.2 South America Underground Construction Equipment Key Players in North America (2015-2020)

14.3 South America Underground Construction Equipment Market Size by Type (2015-2020)

14.4 South America Underground Construction Equipment Market Size by Application (2015-2020)

15. Rest of the World

15.1 Rest of the World Underground Construction Equipment Market Size (2015-2026)

15.2 Rest of the World Underground Construction Equipment Key Players in North America (2015-2020)

15.3 Rest of the World Underground Construction Equipment Market Size by Type (2015-2020)

15.4 Rest of the World Underground Construction Equipment Market Size by Application (2015-2020)

16 Underground Construction Equipment Market Dynamics

16.1 Covid-19 Impact Market Top Trends

16.2 Covid-19 Impact Market Drivers

16.3 Covid-19 Impact Market Challenges

16.4 Porter’s Five Forces Analysis

18 Regulatory Information

17 Analyst's Viewpoints/Conclusions

18 Appendix

18.1 Research Methodology

18.1.1 Methodology/Research Approach

18.1.2 Data Source

18.2 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Underground Construction Equipment Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Who are the dominant players having a strong presence in the Underground Construction Equipment Market?
Some of the finest and top-notch companies pioneering the Underground Construction Equipment Market are Mitsubishi, Sandvik Group, Tenbusch Inc., Herrenknecht, CREC, CRCHI, Robbins, Tianhe, Wirth, Komatsu, NHI, Kawasaki, Ishikawajima-Harima, Terratec, SELI, Tianye Tolian, Geospatial Corporation.
How is the competition changing gears in the Underground Construction Equipment Industry?
Emerging markets will create new demands and put pressure on the industry to act quickly. Simultaneously, market players such as Mitsubishi, Sandvik Group, Tenbusch Inc., Herrenknecht, CREC, CRCHI, Robbins, Tianhe, Wirth, Komatsu, NHI, Kawasaki, Ishikawajima-Harima, Terratec, SELI, Tianye Tolian, Geospatial Corporation will face challenges from the industry's increasing pace of consolidation, particularly in North America and Europe.
What are the major applications of the Underground Construction Equipment Market?
Depending upon the type of applications, the Underground Construction Equipment Market has been segmented into and other applications.
What is the anticipated growth rate for the Underground Construction Equipment Market?
During the projected year from 2025 to 2030, the Underground Construction Equipment Market is expected to grow at a CAGR of xx%.
Is further segmentation possible given the scope of the Underground Construction Equipment Market study?
Yes, the add-on segmentation is available in the premium customised version of the Underground Construction Equipment Market report for a more in-depth analysis. It aids in the calculation of refined and precise market values.
What are the primary data sources used to evaluate the Underground Construction Equipment Market sizing?
The majority of data for the Underground Construction Equipment Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.