United States
US 19869595 | Procurement

Metal Drilling Machines in the US Procurement Price, Data and Insights

IW
IBISWorld Research Department
Analyst New York
Metal drilling machines are specialized tools used to create accurate holes into metal components using rotating drill bits. Metal drilling machines are used in manufacturing, fabrication, and repair operations where precise hole placement is important. Advanced machines include features such as adjustable speeds, automated feeds and advanced clamping systems to ensure accuracy. Major buyers include automobile manufacturers, medical device manufacturers, machine shop service providers and industrial equipment manufacturers.

Access this data your way

The Metal Drilling Machines Procurement Price, Data and Insights is available in multiple formats to fit seamlessly into your workflow.

IBISWorld Industry Report platform

IBISWorld Platform

Answer any industry question in minutes with our entire database at your fingertips.

Screen of code example for the IBISWorld api

API Data Delivery

Feed trusted, human-driven industry intelligence straight into your platform.

IBISWorld Data integration with a Client user interface

Integrations

Streamline your workflow with IBISWorld’s intelligence built into your toolkit.

What’s included in this market coverage

IBISWorld's research coverage on the Metal Drilling Machines procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.

Download a sample

Experience a full industry title in multiple formats to fit your workflow.

Download sample

About this Market

What’s this procurement report about?

This procurement coverage of the Metal Drilling Machines market in the United States includes Drill Presses, Radial Drills, Gang Drilling Machines, Gun Drilling Machines, Numerically Controlled Drilling Machines, Rotary Table Drilling Machines, Multiple Spindle Head Drilling Machines, Deep Hole Drilling Machines, Radial Arm Drilling Machines and Bench Drilling Machines. Standard coding in this coverage includes HS-845929-Machine-Tools; For Drilling By Removing Metal, Other Than 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-23241800-Metal drilling machines.

What common market terminology is included?

Common market terminology included in the Metal Drilling Machines procurement coverage includes Drill Bits (A tool attached to a drilling machine that rotates at high speeds to cut away at a surface and create cylindrical holes.), Lathe (A machining tool that rotates an object so a machinist can perform various functions such as sanding and cutting.), Milling Machine (A machine that uses a rotating cutting tool to shave material from a work piece.), Hole Dimensional Accuracy (The difference between the diameter of the hole drilled and the intended diameter of the hole.) and Hole Positional Accuracy (The distance between the center of the hole drilled and the intended location of the hole center.).

What companies are included as top suppliers?

The top companies covered in the Metal Drilling Machines procurement report as suppliers are Kent Industrial Co. Ltd., Elite Products Group Inc., Summit Machine Tool Manufacturing LLC, Entrust Manufacturing Technologies, Inc. and Daito Seiki Co. Ltd..

Opportunity Assessment

What’s included in the Opportunity Assessment chapter?

The Opportunity Assessment chapter provides a comprehensive market analysis of the Metal Drilling 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 Drilling 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 Drilling 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 Drilling 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 Drilling 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.

Trusted by industry professionals

More than 6,000 businesses use IBISWorld to shape local and global economies

We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.

BDO logo

IBISWorld delivers the crisp business knowledge we need to drive our business.  Whether it be serving up our major clients, winning new business or educating  on industry issues, IBISWorld brings real value.

PWC logo

IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.

Australian Trade and Investment Commission logo

When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.

Citi Bank logo

10,000,000+ Data points

100% Industry analyst verified

50,000 + Industry titles

Frequently Asked Questions

What is the current market price for Metal Drilling Machines?

The 2026 benchmark market price for Metal Drilling Machines is $6800 per machine. Prices have increased at a CAGR of 1.05 from 2023-26.

Who are the top vendors in the Metal Drilling Machines market?

The top vendors in the Metal Drilling Machines market include Kent Industrial Co. Ltd., Elite Products Group Inc., Summit Machine Tool Manufacturing LLC, Entrust Manufacturing Technologies, Inc. and Daito Seiki Co. Ltd..

What industries supply the Metal Drilling Machines market?

The top industries supplying the Metal Drilling Machines market are Metalworking Machinery Manufacturing in the US, Circuit Board & Electronic Component Manufacturing in the US, Metal Wholesaling in the US, Electrical Equipment Manufacturing in the US, Circuit Board & Electronic Component Manufacturing in the US, Nonferrous Metal Foundry Products Manufacturing in the US, Aluminum Manufacturing in the US, Ferrous Metal Foundry Products in the US and Iron & Steel Manufacturing in the US.

What is the supply chain risk for Metal Drilling Machines?

Low market share concentration empowers buyers to secure advantageous pricing and contract flexibility . Metal drilling machines involves a low level of market share concentration, with no single supplier accounting for more than 5.0% of market revenue. Low market share concentration fuels competition between suppliers, allowing buyers to demand better pricing, concessions, and optional service add-ons. Buyers can maximize value by soliciting competitive bids from multiple suppliers and regularly benchmarking suppliers against the competition.

What factors affect the price of Metal Drilling Machines?

The type of machine affects pricing as certain types of machines cost more. Deep hole drilling machines are typically more expensive than rotary table drilling machines, which are typically more expensive than radial drills and drill presses.

Still have questions?

Can’t find the answer you’re looking for? Please chat to our friendly team.

Cut through the noise with intelligence you can trust

/img/content/home/cta-image-1.webp
/img/content/home/cta-image-2.webp
/img/content/home/cta-image-3.webp
/img/content/home/cta-image-4.webp
/img/content/home/cta-image-5.webp