Global Auger Boring Machines market cagr 2.90%

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Auger Boring Machines Market

Auger Boring Machines Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Auger Boring Machines Market Size and Growth

The Auger Boring Machines market is experiencing steady growth, driven by infrastructure development and tunneling projects. Current market size is estimated at USD 1.2 billion, with a projected CAGR of 4.5% over the next five years. Key trends include advancements in technology and increased demand across construction and mining sectors. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ American Augers

◍ Herrenknecht (Bohrtec)

◍ Tracto Technik GmbH

◍ Barbco

◍ Michael Byrne Manufacturing

◍ McLaughlin MFG

◍ Bor-It Mfg

◍ The Robbins Company

◍ OMS

The Auger Boring Machines market features key players like American Augers, Herrenknecht, and Tracto Technik. These companies innovate and expand product offerings, enhancing efficiency and reliability. Their focus on infrastructure projects drives market growth. Sales revenues include:

- American Augers: $50M+

- Herrenknecht: €1.2B+

- Tracto Technik: €300M+

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Market Segmentation

By Application

Mining, Oil and Gas

Railway and Highway

Utility

Others

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By Product

Soft Ground ABMs

Hard Rock ABMs

$ 414.90 Million

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