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Global Tunnel Market Report 2024

Tunnel Global Market Report 2025 – 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 2025-2034

Tunnel Global Market Report 2025

Report Price : $4490.00 | Pages : 175 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Tunnel Global Market Report 2025

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Tunnel Market Definition

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.

Tunnel Market Segmentation

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

Subsegments:

1) By Railway Tunnel: Urban Railway Tunnels, Long-Distance Railway Tunnels

2) By Highway Tunnel: Single-Bore Highway Tunnels, Multi-Bore Highway Tunnels

3) By Roadway Tunnel: Underwater Roadway Tunnels, Urban Roadway Tunnels

Tunnel Market Size and growth rate 2025 to 2029: Graph

Tunnel Market Size 2025 And Growth Rate

The tunnel market size has grown strongly in recent years. It will grow from $27.11 billion in 2024 to $28.89 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. 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.

Tunnel Market Growth Forecast

The tunnel market size is expected to see strong growth in the next few years. It will grow to $37.78 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. 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).

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Tunnel Market Driver: 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.

Tunnel Market Driver: 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 December 2023, according to a report published by the Bureau of Transportation Statistics (BTS), a US-based government agency, in 2022, the average dwell time for container vessels at the top 25 U.S. ports was 34.7 hours. That year also saw 18 weather and climate disasters in the U.S. with losses over $1 billion each, including three tropical cyclones, ten severe storms, two tornado outbreaks, and one each from drought, flooding, and wildfires. Therefore, the increasing demand for efficient transportation is driving the growth of the tunnel market.

Global Tunnel Market Major Players

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

Global Tunnel Market Trend: 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.

Global Tunnel Market Trend: 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.

Tunnel Market Merger And Acquisition: SYSTRA Expands Tunneling Expertise With Acquisition Of Bamser In Australia

In March 2023, Systra Group, a France-based company, specializes in public transport and mobility solutions, acquired Bamser for an undisclosed amount. by acquiring Bamser, SYSTRA strengthens its position as a leader in complex tunneling and underground infrastructure engineering. This aligns with the growing demand for innovative solutions in urban transit and energy projects. Bamser, a Australia-based company, specializes in complex tunneling, trenchless, and infrastructure projects across Australia and internationally.

Regional Outlook For The Global Tunnel Market

North America was the largest region in the tunnel market in 2024. 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.

What Defines the Tunnel Market?

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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Tunnel Industry?

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 Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $28.89 billion
Revenue Forecast In 2034 $37.78 billion
Growth Rate CAGR of 6.9% from 2024 to 2033
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
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 Subsegments: 1) By Railway Tunnel: Urban Railway Tunnels, Long-Distance Railway Tunnels
2) By Highway Tunnel: Single-Bore Highway Tunnels, Multi-Bore Highway Tunnels
3) By Roadway Tunnel: Underwater Roadway Tunnels, Urban Roadway Tunnels
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, 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, Bechtel Corporation, Strabag SE, Skanska AB, Obayashi Corporation, Kiewit Corporation, AECOM, Acciona, S.A., Taisei Corporation, Balfour Beatty plc, Webuild S.p.A. (formerly Salini Impregilo), Sacyr, S.A., PORR AG, Tutor Perini Corporation, Aecon Group Inc., Granite Construction Incorporated, Hatch Ltd., Systra Group, McConnell Dowell Corporation, Dragados USA Inc., 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 Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

    5. Global Tunnel Growth Analysis And Strategic Analysis Framework

    5.1. Global Tunnel PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Tunnel Market Growth Rate Analysis

    5.4. Global Tunnel Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Tunnel Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Tunnel Total Addressable Market (TAM)

    6. Tunnel Market Segmentation

    6.1. Global Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Railway Tunnel

    Highway And Roadway Tunnel

    6.2. Global Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Steel

    Concrete

    Composite Material

    6.3. Global Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Commercial Construction

    Government Construction

    6.4. Global Tunnel Market, Sub-Segmentation Of Railway Tunnel, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Urban Railway Tunnels

    Long-Distance Railway Tunnels

    6.5. Global Tunnel Market, Sub-Segmentation Of Highway Tunnel, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Single-Bore Highway Tunnels

    Multi-Bore Highway Tunnels

    6.6. Global Tunnel Market, Sub-Segmentation Of Roadway Tunnel, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Underwater Roadway Tunnels

    Urban Roadway Tunnels

    7. Tunnel Market Regional And Country Analysis

    7.1. Global Tunnel Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Tunnel Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Tunnel Market

    8.1. Asia-Pacific Tunnel Market Overview

    Region Information, 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Tunnel Market

    9.1. China Tunnel Market Overview

    9.2. China Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Tunnel Market

    10.1. India Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Tunnel Market

    11.1. Japan Tunnel Market Overview

    11.2. Japan Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Tunnel Market

    12.1. Australia Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Tunnel Market

    13.1. Indonesia Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Tunnel Market

    16.1. UK Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Tunnel Market

    17.1. Germany Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Tunnel Market

    18.1. France Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Tunnel Market

    19.1. Italy Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Tunnel Market

    20.1. Spain Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Tunnel Market

    22.1. Russia Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Tunnel Market

    24.1. USA Tunnel Market Overview

    24.2. USA Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Tunnel Market

    25.1. Canada Tunnel Market Overview

    25.2. Canada Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Tunnel Market

    27.1. Brazil Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Tunnel Market

    29.1. Africa Tunnel Market Overview

    29.2. Africa Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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 Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. Bouygues Construction Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Shanghai Construction Group Co., Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. Vinci Construction Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. Larsen & Toubro Limited Overview, Products and Services, Strategy and Financial Analysis

    31. Tunnel Market Other Major And Innovative Companies

    31.1. Bechtel Corporation

    31.2. Strabag SE

    31.3. Skanska AB

    31.4. Obayashi Corporation

    31.5. Kiewit Corporation

    31.6. AECOM

    31.7. Acciona, S.A.

    31.8. Taisei Corporation

    31.9. Balfour Beatty plc

    31.10. Webuild S.p.A. (formerly Salini Impregilo)

    31.11. Sacyr, S.A.

    31.12. PORR AG

    31.13. Tutor Perini Corporation

    31.14. Aecon Group Inc.

    31.15. Granite Construction Incorporated

    32. Global Tunnel Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Tunnel Market

    34. Recent Developments In The Tunnel Market

    35. Tunnel Market High Potential Countries, Segments and Strategies

    35.1 Tunnel Market In 2029 - Countries Offering Most New Opportunities

    35.2 Tunnel Market In 2029 - Segments Offering Most New Opportunities

    35.3 Tunnel Market In 2029 - 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, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Tunnel Market, Sub-Segmentation Of Railway Tunnel, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Tunnel Market, Sub-Segmentation Of Highway Tunnel, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Tunnel Market, Sub-Segmentation Of Roadway Tunnel, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Tunnel Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Tunnel Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: China Railway Construction Corporation Limited Financial Performance
  • Table 78: Bouygues Construction Financial Performance
  • Table 79: Shanghai Construction Group Co., Ltd. Financial Performance
  • Table 80: Vinci Construction Financial Performance
  • Table 81: Larsen & Toubro Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Tunnel Market, Sub-Segmentation Of Railway Tunnel, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Tunnel Market, Sub-Segmentation Of Highway Tunnel, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Tunnel Market, Sub-Segmentation Of Roadway Tunnel, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Tunnel Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Tunnel Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Tunnel Market, Segmentation By Tunnel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Tunnel Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Tunnel Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: China Railway Construction Corporation Limited Financial Performance
  • Figure 78: Bouygues Construction Financial Performance
  • Figure 79: Shanghai Construction Group Co., Ltd. Financial Performance
  • Figure 80: Vinci Construction Financial Performance
  • Figure 81: 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 market dynamics? What forces will shape the Tunnel industry going forward?

The Tunnel market major growth driver - Surging Road Traffic Ignites Growth In The Tunnel Market. 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 size has grown strongly in recent years. The tunnel market size has grown strongly in recent years. It will grow from $27.11 billion in 2024 to $28.89 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. 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 strong growth in the next few years. It will grow to $37.78 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. 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). For further insights on the Tunnel market, request a sample here

How is the Tunnel market segmented?

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 Subsegments:
1) By Railway Tunnel: Urban Railway Tunnels, Long-Distance Railway Tunnels
2) By Highway Tunnel: Single-Bore Highway Tunnels, Multi-Bore Highway Tunnels
3) By Roadway Tunnel: Underwater Roadway Tunnels, Urban Roadway Tunnels For further insights on the Tunnel market, request a sample here

Which region has the largest share of the Tunnel market? What are the other regions covered in the report?

North America was the largest region in the tunnel market in 2024. 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. For further insights on the Tunnel market, request a sample here.

Who are the major players in the Tunnel market?

Major companies operating in the tunnel market include China Railway Construction Corporation Limited, Bouygues Construction, Shanghai Construction Group Co., Ltd., Vinci Construction, Larsen & Toubro Limited, Bechtel Corporation, Strabag SE, Skanska AB, Obayashi Corporation, Kiewit Corporation, AECOM, Acciona, S.A., Taisei Corporation, Balfour Beatty plc, Webuild S.p.A. (formerly Salini Impregilo), Sacyr, S.A., PORR AG, Tutor Perini Corporation, Aecon Group Inc., Granite Construction Incorporated, Hatch Ltd., Systra Group, McConnell Dowell Corporation, Dragados USA Inc., 3TI Progetti S.p.A., Aktor S.A., ACS Group, Eiffage S.A. . For further insights on the Tunnel market, request a sample here.

What are the key trends in the Tunnel market?

Major trends in the Tunnel market include Innovations Drive Technological Transformation In The Tunnel Industry. 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'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.