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Metal Boring Machines in the US Procurement Price, Data and Insights
Metal boring is the process of enlarging and refinishing an already-drilled hole by using a rotating cutting tool and stationary metal object. Buyers of these machines have the option to operate them manually or automatically. The key buyers of metal boring machines are aerospace, automotive, construction, energy, and HVAC businesses. The key suppliers in the market are manufacturers and wholesalers.
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What’s included in this market coverage
IBISWorld's research coverage on the Metal Boring Machines 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 Metal Boring Machines market in the United States includes Vertical Boring Machine, Horizontal Boring Machine, Multi-Spindle Drilling Machine and CNC Boring Mill. Standard coding in this coverage includes HS-8459310010-Combination Boring-Milling Machines,Horizontal Spindle,Table Type,Metal Removing,Numerically Controlled,New, 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-23241900-Metal boring machines.
What common market terminology is included?
Common market terminology included in the Metal Boring Machines procurement coverage includes Boring Bar (A cutting tool that can rotate, producing circular internal profiles on an existing hole.), Jig Boring (Vertical boring machines that feature high precision bearings; typically used for machining jigs.), Lathe Machine (A machine that holds and rotates a workpiece for a broad number of operations like cutting, drilling, boring, and turning. These machines do not allow users to adjust settings such as hole depth, size, and position for boring jobs.) and Milling Machine (A machine that uses a rotary cutting tool above a stationary workpiece for different manufacturing processes.).
What companies are included as top suppliers?
The top companies covered in the Metal Boring Machines procurement report as suppliers are Technox Machine & Manufacturing Inc., Summit Machine Tool Manufacturing LLC, Kiwa Machinery Co. Ltd., Entrust Manufacturing Technologies, Inc. and Yasda Precision Tools K.K..
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Metal Boring Machines 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 Metal Boring Machines market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Metal Boring Machines 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 Metal Boring Machines 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 Metal Boring Machines 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 Metal Boring Machines?
The 2026 benchmark market price for Metal Boring Machines is $203900 per machine. Prices have increased at a CAGR of 2.21 from 2023-26.
Who are the top vendors in the Metal Boring Machines market?
The top vendors in the Metal Boring Machines market include Technox Machine & Manufacturing Inc., Summit Machine Tool Manufacturing LLC, Kiwa Machinery Co. Ltd., Entrust Manufacturing Technologies, Inc. and Yasda Precision Tools K.K..
What industries supply the Metal Boring Machines market?
The top industries supplying the Metal Boring Machines market are Computer Manufacturing in the US, Semiconductor & Circuit Manufacturing in the US, Electrical Equipment Manufacturing in the US, Wire & Spring Manufacturing in the US, Metal Wholesaling in the US and Iron & Steel Manufacturing in the US.
What is the supply chain risk for Metal Boring Machines?
Fragmented supplier base enhances competition and strengthens buyer leverage. The metal boring machines market's very low supplier concentration gives buyers significant negotiation leverage and flexibility in sourcing. With numerous vendors competing for contracts, buyers can secure better pricing, service terms, and lead times. This dynamic allows buyers to diversify their supplier base to reduce dependency risks while promoting competitive tension. Buyers should use structured RFP processes and performance-based contracts to extract maximum value and maintain consistent quality across multiple supply partners.
What factors affect the price of Metal Boring Machines?
CNC-controlled machines are generally more expensive than manual or semi-automatic models due to their precision and automation capabilities. Horizontal boring machines also tend to cost more than vertical ones because of their advanced functionality.
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