Global Tunnel Market Report 2024

Tunnel Global Market Report 2024 – By Tunnel Type (Railway Tunnel, Highway And Roadway Tunnel), By Material (Steel, Concrete, Composite Material), By Application (Commercial Construction, Government Construction) – Market Size, Trends, And Global Forecast 2024-2033

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Tunnel Global Market Report 2023

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Tunnel Market Definition And Segments

A tunnel is a structure constructed across the soil and is fully enclosed, except for the entry and exit points, which are typically at each end and can be used for rail, vehicular, or pedestrian traffic. It is commonly used as a rapid transit system by providing essential links on many highways, and railroads.

The main tunnel types are railway tunnels and highway and roadway tunnels. A railway tunnel is a tunnel through which a railway track runs, and it is used to reduce route length by allowing rail lines to pass through natural obstacles such as mountains. The materials involved are steel, concrete, and composite materials, which are used in various applications such as commercial construction and government construction.

The tunnel market covered in this report is segmented –

1) By Tunnel Type: Railway Tunnel, Highway And Roadway Tunnel

2) By Material: Steel, Concrete, Composite Material

3) By Application: Commercial Construction, Government Construction

The tunnel market size has grown steadily in recent years. It will grow from $25.63 billion in 2023 to $26.58 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to urbanization and infrastructure development, environmental concerns and regulations, population density and congestion, emergency and security infrastructure, mining and resource extraction.

The tunnel market size is expected to see steady growth in the next few years. It will grow to $31.22 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to renewable energy infrastructure, smart infrastructure integration, high-speed rail projects, underground urban development, climate change adaptation, cross-border transportation. Major trends in the forecast period include technological advancements in tunneling, tunnel boring machine (TBM) innovation, focus on sustainability, resilience and security, digitalization and building information modeling (BIM).

Surging Road Traffic Ignites Growth In The Tunnel Market

The rising road traffic is expected to propel the growth of the tunnel market going forward. Road traffic refers to the movement of vehicles and pedestrians along any stretch of a network of roads that have been designated for public. Tunnels are constructed for transportation to provide the effective use of underground space through the rerouting of traffic from town centers and reducing landscape damage brought by major changes during construction. For instance, in January 2023, according to a report published by Government Technology, a US-based information technology magazine in the United States, drivers sat in traffic for almost 4.8 billion hours in 2022. According to the report, the average American driver lost $869 in 2022 due to traffic delays, up from $305 in 2021. Therefore, rising road traffic is driving the growth of the tunnel market.

Rising Demand For Efficient Transportation Propels Tunnel Market Growth

The increasing demand for efficient transportation is expected to boost the growth of the tunnel market going forward. Efficient transportation refers to a system or process that maximizes the use of resources, minimizes delays, and optimizes the movement of people, goods, or services. Efficient transportation is frequently linked to reducing traffic congestion, with tunnels offering alternative routes that bypass congested areas, addressing the demand for smoother and less congested travel. For instance, in November 2022, according to a report published by the Bureau of Transportation Statistics, a US-based agency, according to the Transportation Satellite Accounts (TSAs) of the Bureau of Transportation Statistics (BTS), transportation services, including for-hire, internal, and home services, made a significant contribution of $1.3 trillion, accounting for 5.6% of the expanded U.S. gross domestic product (GDP) of $23.7 trillion in 2021. In-house transportation via truck, rail, water, and air experienced a slight increase by 0.1 percentage points, reaching 1.0% in 2021. Therefore, the increasing demand for efficient transportation is driving the growth of the tunnel market.

Major companies operating in the tunnel market report are China Railway Construction Corporation Limited, Bouygues Construction, Shanghai Construction Group Co, Ltd., Vinci Construction, Larsen & Toubro Limited, Eaton Corporation PLC, Bechtel Corporation, Strabag SE, Skanska AB, Obayashi Corporation, Turner Construction Company, Kiewit Corporation, AECOM, Acciona, S.A., Taisei Corporation, Balfour Beatty PLC, Salini Impregilo S.p.A., Sacyr, S.A., PORR AG, Tutor Perini Corporation, Aecon Group Inc., Granite Construction Incorporated, Hatch Ltd., Systra Group, McConnell Dowell Corporation, Construction Partners, Inc., Dragados USA Inc., Duro Felguera, S.A., 3TI Progetti S.p.A., Aktor S.A., ACS Group, Eiffage S.A.

Innovations Drive Technological Transformation In The Tunnel Industry

Technological advancement is a key trend gaining popularity in the tunnel market. Major companies operating in the tunnel market are adopting technological advance solutions to strengthen their position in the market. For instance, in January 2023, Acciona S.A., a Spain-based construction and infrastructure company, introduced Digitunnel, a real-time tunnel technology that provides better control and ensures progress in tunnel construction projects. This technology is a solution that collects and combines huge amounts of real-time data generated at the project site, transforming it into information that is useful and accessible to all parties. This invention provides real-time updates on the status of the project, improves worker safety, and significantly reduces the need for human control and documentation. Moreover, this technology will quickly detect any potentially hazardous gases in the tunnel, improving worker safety.

Integration Of Tunneling Intelligence Solutions For Enhanced Efficiency And Safety

Major companies operating in the tunnel market are developing advanced technologies, such as tunneling intelligence solutions, to meet larger customer bases, increase sales, and increase revenue. Tunneling intelligence solution is a decision support system that integrates shift planning data, work progress data, asset tracking, and personnel tracking into one system for underground mines and tunnel sites. For instance, in May 2022, Epiroc AB, a Sweden-based manufacturer of mining and infrastructure equipment, launched Mobilaris Tunneling Intelligence. The distinctive feature of Mobilaris Tunneling Intelligence lies in its ability to elevate safety measures while simultaneously enhancing productivity. Veidekke Entrepenør AS, the initial adopter of these innovative solutions for a tunnel project north of Oslo in Norway, benefits from a comprehensive suite of tools. This includes planning, productivity enhancement, 3D situational awareness, reporting, and safety tools. Notably, Mobilaris Tunneling Intelligence significantly improves traceability and facilitates real-time planning and scheduling by leveraging data from ongoing operations.

Systra Group Expands Global Presence With Acquisition Of Sws

In October 2021, Systra Group, a France-based engineering and consulting group acquired SWS for an undisclosed amount. With this acquisition, Systra will expand its presence in Italy and its global market footprint in tunnel design and construction, particularly in Europe by strengthening its expertise in the specialty domain. SWS is an Italy-based engineering company specializing in the design of tunnels and underground structures.

North America was the largest region in the tunnel market in 2023. Europe is expected to be the fastest-growing region in the global tunnel market report during the forecast period. The regions covered in the tunnel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the tunnel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The tunnel market includes revenues earned by entities by providing tunnel design, structural analysis, precast concrete design, geotechnical design, procurement, and project management services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The tunnel market research report is one of a series of new reports from The Business Research Company that provides tunnel market statistics, including tunnel industry global market size, regional shares, competitors with tunnel market share, detailed tunnel market segments, market trends, and opportunities, and any further data you may need to thrive in the tunnel industry. This tunnel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Tunnel Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $26.58 billion
Revenue Forecast In 2033 $31.22 billion
Growth Rate CAGR of 4.1% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Tunnel Type: Railway Tunnel, Highway And Roadway Tunnel
2) By Material: Steel, Concrete, Composite Material
3) By Application: Commercial Construction, Government Construction
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled China Railway Construction Corporation Limited; Bouygues Construction; Shanghai Construction Group Co., Ltd.; Vinci Construction; Larsen & Toubro Limited; Eaton Corporation plc; Bechtel Corporation; Strabag SE; Skanska AB; Obayashi Corporation; Turner Construction Company; Kiewit Corporation; AECOM; Acciona, S.A.; Taisei Corporation; Balfour Beatty plc; Salini Impregilo S.p.A.; Sacyr, S.A.; PORR AG; Tutor Perini Corporation; Aecon Group Inc.; Granite Construction Incorporated; Hatch Ltd.; Systra Group; McConnell Dowell Corporation; Construction Partners, Inc.; Dragados USA Inc.; Duro Felguera, S.A.; 3TI Progetti S.p.A.; Aktor S.A.; ACS Group; Eiffage S.A.
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    Table Of Contents

    1. Executive Summary

    2. Tunnel Market Characteristics

    3. Tunnel Market Trends And Strategies

    4. Tunnel Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Tunnel Market Size and Growth

    5.1. Global Tunnel Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Tunnel Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Tunnel Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Tunnel Market Segmentation

    6.1. Global Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Railway Tunnel

    Highway And Roadway Tunnel

    6.2. Global Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Steel

    Concrete

    Composite Material

    6.3. Global Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Commercial Construction

    Government Construction

    7. Tunnel Market Regional And Country Analysis

    7.1. Global Tunnel Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Tunnel Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Tunnel Market

    8.1. Asia-Pacific Tunnel Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Tunnel Market

    9.1. China Tunnel Market Overview

    9.2. China Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Tunnel Market

    10.1. India Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Tunnel Market

    11.1. Japan Tunnel Market Overview

    11.2. Japan Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Tunnel Market

    12.1. Australia Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Tunnel Market

    13.1. Indonesia Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Tunnel Market

    14.1. South Korea Tunnel Market Overview

    14.2. South Korea Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Tunnel Market

    15.1. Western Europe Tunnel Market Overview

    15.2. Western Europe Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Tunnel Market

    16.1. UK Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Tunnel Market

    17.1. Germany Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Tunnel Market

    18.1. France Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Tunnel Market

    19.1. Italy Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Tunnel Market

    20.1. Spain Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Tunnel Market

    21.1. Eastern Europe Tunnel Market Overview

    21.2. Eastern Europe Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Tunnel Market

    22.1. Russia Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Tunnel Market

    23.1. North America Tunnel Market Overview

    23.2. North America Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Tunnel Market

    24.1. USA Tunnel Market Overview

    24.2. USA Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Tunnel Market

    25.1. Canada Tunnel Market Overview

    25.2. Canada Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Tunnel Market

    26.1. South America Tunnel Market Overview

    26.2. South America Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Tunnel Market

    27.1. Brazil Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Tunnel Market

    28.1. Middle East Tunnel Market Overview

    28.2. Middle East Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Tunnel Market

    29.1. Africa Tunnel Market Overview

    29.2. Africa Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Tunnel Market Competitive Landscape And Company Profiles

    30.1. Tunnel Market Competitive Landscape

    30.2. Tunnel Market Company Profiles

    30.2.1. China Railway Construction Corporation Limited

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Bouygues Construction

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Shanghai Construction Group Co., Ltd.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Vinci Construction

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Larsen & Toubro Limited

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Tunnel Market Other Major And Innovative Companies

    31.1. Eaton Corporation plc

    31.2. Bechtel Corporation

    31.3. Strabag SE

    31.4. Skanska AB

    31.5. Obayashi Corporation

    31.6. Turner Construction Company

    31.7. Kiewit Corporation

    31.8. AECOM

    31.9. Acciona, S.A.

    31.10. Taisei Corporation

    31.11. Balfour Beatty plc

    31.12. Salini Impregilo S.p.A.

    31.13. Sacyr, S.A.

    31.14. PORR AG

    31.15. Tutor Perini Corporation

    32. Global Tunnel Market Competitive Benchmarking

    33. Global Tunnel Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Tunnel Market

    35. Tunnel Market Future Outlook and Potential Analysis

    35.1 Tunnel Market In 2028 - Countries Offering Most New Opportunities

    35.2 Tunnel Market In 2028 - Segments Offering Most New Opportunities

    35.3 Tunnel Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Tunnel Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Tunnel Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: China Railway Construction Corporation Limited Financial Performance
  • Table 75: Bouygues Construction Financial Performance
  • Table 76: Shanghai Construction Group Co., Ltd. Financial Performance
  • Table 77: Vinci Construction Financial Performance
  • Table 78: Larsen & Toubro Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Tunnel Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Tunnel Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Tunnel Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Tunnel Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: China Railway Construction Corporation Limited Financial Performance
  • Figure 75: Bouygues Construction Financial Performance
  • Figure 76: Shanghai Construction Group Co., Ltd. Financial Performance
  • Figure 77: Vinci Construction Financial Performance
  • Figure 78: Larsen & Toubro Limited Financial Performance
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Frequently Asked Questions

What is the definition of the tunnel market?

A tunnel is a structure constructed across the soil and is fully enclosed, except for the entry and exit points, which are typically at each end and can be used for rail, vehicular, or pedestrian traffic. It is commonly used as a rapid transit system by providing essential links on many highways, and railroads. For further insights on the tunnel market, request a sample here

How will the tunnel market drivers and restraints affect the tunnel market dynamics? What forces will shape the tunnel industry going forward?

The tunnel market growth is aided by the rising road traffic. For further insights on the tunnel market, request a sample here

What is the forecast market size or the forecast market value of the tunnel market?

The tunnel market is expected to reach $30.70 billion in 2027 at a rate of 4.3%. For further insights on the tunnel market, request a sample here

How is the tunnel market segmented?

The global tunnel market is segmented as
1) By Tunnel Type: Railway Tunnel, Highway And Roadway Tunnel
2) By Material: Steel, Concrete, Composite Material
3) By Application: Commercial Construction, Government Construction
For further insights on the tunnel market, request a sample here

Which region has the largest share of the tunnel market? What are the largest region's market size and growth rate?

North America was the largest region in the tunnel market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Who are the major players in the tunnel market?

Key competitors in the tunnel market are China Railway Construction Corporation Limited, Duro Felguera SA, 3TI Progetti S.p.A, Hatch Ltd, Acciona S.A., Eaton Corporation plc, Dragados USA Inc., Aktor SA, Systra Group, Construction Partners Inc., Aecon Group Inc., AECOM, Kiewit Corporation, Tutor Perini Corporation, Granite Construction Inc., Turner Construction. For further insights on the tunnel market, request a sample here.

What are the key trends in the tunnel market?

Major trends influencing the tunnel market include technological advancement. Major companies operating in the tunnel market are adopting technological advance solutions to strengthen their position in the market. For further insights on the tunnel market, request a sample here.

What are the major opportunities in the tunnel market? What are the strategies for the tunnel market?

For detailed insights on the major opportunities and strategies in the tunnel market, request a sample here.

How does the tunnel market relate to the overall economy and other similar markets?

For detailed insights on tunnel market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the tunnel industry?

For detailed insights on the mergers and acquisitions in the tunnel industry, request a sample here.

What are the key dynamics influencing the tunnel market growth? SWOT analysis of the tunnel market.

For detailed insights on the key dynamics influencing the tunnel market growth and SWOT analysis of the tunnel industry, request a sample here.