main task, then they are known as subways. The advanced technology has eventually made the
whole procedure all the more simple and efficient. Now, tunnels can also run under oceans, rivers,
and mountains.
A tunnel can be built for various purposes ranging from foot or vehicular road traffic, rail traffic, to a
canal. Notably, tunnels are considered as vital channels for delivering water for consumption
purposes as well as for hydroelectric stations. On the other hand, utility tunnels are deployed for
routing steam, chilled water, electrical power or telecommunication cables, as well as for linking
buildings for suitable transfer of people and equipment.
A rapid transit system that specifically serves the city people and lands them to major landmarks
and stations is known as a metro. The main purpose behind designing this particular system was to
shrink and condense the traffic jamming and blocking that takes place in the city. Besides that, it has
facilitated the whole process and accompanied the overcrowded railway network.
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The key factors that are contributing in the growth of the market include augmented need for the
efficiency, rise in the population, increasing standard of living, changing lifestyles, increased
prerequisite, and developing economies across the globe. The only factor that is acting as a major
hurdle in the growth of the market includes operation and safety. Plus, the installation costs are also
high.
It has been estimated that the Tunnel and Metro Market is likely to witness the highest CAGR in the
near future owing to rising applications around the world. Tunnel and Metro Market is segmented
on the basis of applications as Tunnel, and Metro. Tunnel and Metro Market is segmented on the
basis of geographical location entails North America, China, Europe, Southeast Asia, Japan, and
India.
As far as the geographical location is concerned, North America is lately covering the largest share in
the market and it is anticipated that the region will continue growing with the same pace in the near
future, the reason being developing economies, rise in the investments, and growth in the research
and development activities. On the other hand, Europe is likely to come up as the fastest growing