Global Machine Tool Boring Head Market Growth 2025-2031

The global Machine Tool Boring Head market size is predicted to grow from US$ 1684 million in 2025 to US$ 2336 million in 2031; it is expected to grow at a CAGR of 5.6% from 2025 to 2031.

The boring tool is a kind of hole machining tool, generally with a round shank, and there are also larger workpieces that use a square shank generally seen in vertical lathes. The most commonly used occasions are inner hole machining, reaming, profiling, etc. However, not only the inner hole can be processed, the outer circle of the end face can also be processed, but it is not used in this way.

According to research data from our companys Engineering Machinery Research Center, the total sales revenue of the top 50 global engineering machinery manufacturers reached 230 billion US dollars in 2022. Asian companies have an absolute advantage, accounting for 50% of sales revenue, followed by Europe, accounting for 26% of sales revenue, and North America, accounting for 23%. The top 50 global host manufacturing companies, Construction Machinery, sold approximately 1.2 million units of construction machinery equipment in 2021, with sales increasing by 9%. China is currently the worlds largest factory machinery market, with construction machinery enterprises accounting for 24% of total sales in 2022, making it the country with the highest proportion. According to data from the China Machinery Industry Federation, the operating revenue of the construction machinery industry decreased by more than 12% in 2022. The operating revenue of the Chinese construction machinery industry in 2022 was 797.7 billion yuan, and Chinas annual export value reached 44.3 billion US dollars, with a net increase in export value of 23.3 billion US dollars in two years.

Infinity Market Research newest research report, the Machine Tool Boring Head Industry Forecast looks at past sales and reviews total world Machine Tool Boring Head sales in 2024, providing a comprehensive analysis by region and market sector of projected Machine Tool Boring Head sales for 2025 through 2031. With Machine Tool Boring Head sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Machine Tool Boring Head industry.

This Insight Report provides a comprehensive analysis of the global Machine Tool Boring Head landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Machine Tool Boring Head portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Machine Tool Boring Head market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Machine Tool Boring Head and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Machine Tool Boring Head.

This report presents a comprehensive overview, market shares, and growth opportunities of Machine Tool Boring Head market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Multi-Axis
    Single Axis
    Others

Segmentation by Application:

    Military Industry
    Agricultural Machinery
    Construction Machinery
    Electric Equipment
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    Allied Machine & Engineering
    Applied Robotics
    Techniks
    Urma
    WOHLHAUPTER
    Wolong Electric Group
    IMS
    Kennametal
    LMT Tools
    MITSUBISHI MATERIALS
    Ningbo Derek Tools Co., Ltd
    SECO TOOLS
    BIG KAISER
    CANELA EINES
    DAndrea S.p.A.
    Ecoroll Corporation Tool Technology
    Effecto Group S.p.A.
    BIG DAISHOWA
    HANN KUEN MACHINERY
    HSD

Key Questions Addressed in this Report

What is the 10-year outlook for the global Machine Tool Boring Head market?
What factors are driving Machine Tool Boring Head market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Machine Tool Boring Head market opportunities vary by end market size?
How does Machine Tool Boring Head break out by Type, by Application?