Industrial Production Products & Services

Metal Boring Machines: Market Size, Growth & Forecast to 2030

The Metal Boring Machines market is valued at about $9.85 billion (2026) and is projected to grow at a 4.6% CAGR through 2030. The largest cost driver is Raw Materials (Steel and Cast Iron) (35% of spend). Asia-Pacific leads demand at 45%.

Market size
$9.85 bn (2026)
CAGR to 2030
+4.6%
Buyer power
Favours buyers
Tracked suppliers
45

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.6% CAGR.

1251171081001002026104.62027109.42028114.42029119.72030125.22031

Cost structure

Raw Materials (Steel and Cast Iron)
35%
Precision Components and Electronics
30%
Direct Labor and Assembly
20%
Manufacturing Overhead and Energy
10%
Logistics and Freight
5%

Regional demand split

Asia-Pacific demand
45%
Europe demand
25%
North America demand
20%
Rest of world demand
10%

Key suppliers

DMG MORIDN SolutionsYamazaki MazakShibaura MachineOkuma CorporationPama SPA
Read the full Metal Boring Machines report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/metal-boring-machines