The tunnel boring machine (TBM) market stood at a value of around USD 6,652.44 million in 2024 and is projected to grow significantly, with a compound annual growth rate (CAGR) of 6% during the forecast period from 2025 to 2034. By the end of this period, the market is expected to reach approximately USD 11,239.16 million by 2034. This growth is primarily driven by the increasing demand for...
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