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CNC Lathes & Turning Centers in the US Procurement Price, Data and Insights
Computer numerical controlled (CNC) lathes and turning centers are machine tools that rotate a workpiece on its axis to perform activities such as cutting and drilling. These machines make fast, precision cuts using indexable tools operated under automatic control, as opposed to being operated manually. Types of equipment include horizontal turning centers, vertical turning centers, double-column machining centers, centering machines, and chucking machines, among others. Key buyers of CNC lathes and turning centers are aerospace product manufacturers, automobile and truck manufacturers, machine shop service providers, and medical device manufacturers.
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What’s included in this market coverage
IBISWorld's research coverage on the CNC Lathes & Turning Centers procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the CNC Lathes & Turning Centers market in the United States includes Horizontal Machining Centers, Vertical Machining Centers, Vertical Turret Lathes, 2-Axis CNC Lathes, 3-Axis CNC Lathes, 4-Axis CNC Lathes, 5-Axis CNC Lathes, Small Business CNC Lathes, CNC Horizontal Boring Mills and Double Column Machining Centers. Standard coding in this coverage includes HS-845811-Lathes; For Removing Metal, Horizontal, Numerically Controlled, ISIC-2822-Manufacture of metal-forming machinery and machine tools, NACE-28.41-Manufacture Of Metal Forming Machinery, NAICS-333517-Machine Tool Manufacturing and UNSPSC-23242300-Lathes and turning centers.
What common market terminology is included?
Common market terminology included in the CNC Lathes & Turning Centers procurement coverage includes Computer-Aided Manufacturing (CAM) (Computer software used to control machine tools for the manufacturing of work pieces.), Spindle (A rotating axis of the machine and the shaft to which the tool is attached, via the chuck.) and Lathe (A machining tool that rotates an object so a machinist can perform various functions such as shaving and cutting.).
What companies are included as top suppliers?
The top companies covered in the CNC Lathes & Turning Centers procurement report as suppliers are Star Micronics Co. Ltd., Hanwha Corp., Yamazaki Mazak Corporation, Okuma Corp. and Haas Automation Inc..
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the CNC Lathes & Turning Centers market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per machine, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the CNC Lathes & Turning Centers market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting CNC Lathes & Turning Centers procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on CNC Lathes & Turning Centers market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the CNC Lathes & Turning Centers market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for CNC Lathes & Turning Centers?
The 2026 benchmark market price for CNC Lathes & Turning Centers is $127600 per machine. Prices have increased at a CAGR of 0.62 from 2023-26.
Who are the top vendors in the CNC Lathes & Turning Centers market?
The top vendors in the CNC Lathes & Turning Centers market include Star Micronics Co. Ltd., Hanwha Corp., Yamazaki Mazak Corporation, Okuma Corp. and Haas Automation Inc..
What industries supply the CNC Lathes & Turning Centers market?
The top industries supplying the CNC Lathes & Turning Centers market are Electrical Equipment Wholesaling in the US, Semiconductor & Circuit Manufacturing in the US, Ferrous Metal Foundry Products in the US, Iron & Steel Manufacturing in the US, Nonferrous Metal Foundry Products Manufacturing in the US and Aluminum Manufacturing in the US.
What is the supply chain risk for CNC Lathes & Turning Centers?
Moderate market share concentration requires active competitive benchmarking from buyers. While the CNC lathes and turning centers market is fragmented, with many suppliers competing both domestically and internationally, there is moderate market share concentration, with the top four suppliers controlling more than 30.0% of the market. This slightly reduces buyers' negotiating leverage, as they cannot as easily exploit competition to secure more favorable pricing, terms, and product options. Buyers should conduct competitive bidding, regularly benchmark supplier performance, and consider switching suppliers to maximize value on new purchases and renewals.
What factors affect the price of CNC Lathes & Turning Centers?
Model type affects the price of CNC lathes and turning centers due to variations in complexity, capabilities, and applications. For instance, horizontal turning centers generally command higher prices than basic centering machines due to their advanced features and versatility, while double-column machining centers may be priced even higher because of their ability to handle larger workpieces and more complex operations.
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