Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Boring-Milling Machine Market by Type (CNC Type, Ordinary Type), By Application (Aerospace Industry, Transportation Industry, Industrial Machinery, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Boring-Milling Machine Market by Type (CNC Type, Ordinary Type), By Application (Aerospace Industry, Transportation Industry, Industrial Machinery, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 130665 3300 Machinery & Equipment 377 246 Pages 4.8 (49)

Market Overview:

The global boring-milling machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for boring-milling machines from the aerospace industry, transportation industry, and industrial machinery sector. Additionally, the growing demand for these machines in emerging economies is also contributing to the growth of this market. However, factors such as high initial cost and lack of skilled labor are restraining the growth of this market.

Global Boring-Milling Machine Industry Outlook

Product Definition:

A boring-milling machine is a type of milling machine that is used to create cylindrical surfaces on metal parts. The importance of a boring-milling machine is that it can create precise, accurate cylindrical surfaces on metal parts, which is essential for many industrial applications.

CNC Type:

CNC stands for Computer Numerical Control and it is a type of machine tool that uses computers to control the movement of the cutting tools or equipment. CNC machines are used in industries such as automotive, aerospace, entertainment, medical and consumer goods manufacturing among others. The global CNC market size was valued at USD 21 billion in 2016 and is expected to grow at a compound annual growth rate (CAGR) of 5% from 2017 to 2025.

Ordinary Type:

An ordinary type is a tool that is used to cut or drill a specific shape or form. It has high-speed steel cutting wheels and can be adjusted for different sizes of holes. The machine uses the concept of weight-driven motion, which comprises two main components: heavy workpiece and lighter nutation member (crank).

Application Insights:

The aerospace industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The global demand for boring-milling machines has witnessed a rise due to an increase in aircraft production, particularly from China, Japan and South Korea. In addition, countries such as Australia and New Zealand are also witnessing significant growth in their aviation sector on account of increasing air travelers. This trend is expected to continue over the forecast period thus driving the demand for BMM globally.

The industrial machinery segment accounted for 19% of market share by volume in 2017 owing to high product adoption across various industries including automotive & transportation equipment manufacturing among others such as food & beverage processing where precision machining plays a major role cutting or grinding materials into smaller pieces or particles which are further used within specific applications only resulting into higher product adoption across various sectors worldwide eventually leading towards lucrative revenue generation during estimated time frames.

Regional Analysis:

Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for high-quality machining services from various end users, such as aerospace and defense, automotive, industrial machinery and others. In addition, rising investments in R&D activities by countries such as China and Japan are expected to fuel the product demand in Asia Pacific region.

The growing manufacturing sector in emerging economies of Asia Pacific including India is also contributing toward market growth due to increased production of automobiles and consumer electronics products among others. Moreover, rapid urbanization coupled with expanding infrastructure sector will boost construction activities which will further drive product sales over the next eight years.

Growth Factors:

  • Increasing demand for miniaturization in the electronics industry
  • Rising demand for high-precision machining in the automotive and aerospace industries
  • Growing popularity of 3D printing and additive manufacturing
  • Advances in boring-milling machine technology and software that improve accuracy, speed, and efficiency
  • Increased use of boring-milling machines in small businesses and hobbyists

Scope Of The Report

Report Attributes

Report Details

Report Title

Boring-Milling Machine Market Research Report

By Type

CNC Type, Ordinary Type

By Application

Aerospace Industry, Transportation Industry, Industrial Machinery, Other

By Companies

PAMA, AZ spa, DANOBATGROUP, LAZZATI, MHI, Fermat Machinery, FPT Industrie, Juaristi, Toshiba Machine, Doosan, Q2JC, SMTCL, Kuming Machine Tool, China North Industries Group

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Boring-Milling Machine Market Report Segments:

The global Boring-Milling Machine market is segmented on the basis of:


CNC Type, Ordinary Type

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Aerospace Industry, Transportation Industry, Industrial Machinery, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. PAMA
  2. AZ spa
  5. MHI
  6. Fermat Machinery
  7. FPT Industrie
  8. Juaristi
  9. Toshiba Machine
  10. Doosan
  11. Q2JC
  12. SMTCL
  13. Kuming Machine Tool
  14. China North Industries Group

Global Boring-Milling Machine Market Overview

Highlights of The Boring-Milling Machine Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. CNC Type
    2. Ordinary Type
  1. By Application:

    1. Aerospace Industry
    2. Transportation Industry
    3. Industrial Machinery
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Boring-Milling Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Boring-Milling Machine Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Boring-milling machine is a type of milling machine that uses a rotating cutting tool to remove material from a workpiece. The tool may be either stationary or movable, and the workpiece may be rotated around its axis.

Some of the key players operating in the boring-milling machine market are PAMA, AZ spa, DANOBATGROUP, LAZZATI, MHI, Fermat Machinery, FPT Industrie, Juaristi, Toshiba Machine, Doosan, Q2JC, SMTCL, Kuming Machine Tool, China North Industries Group.

The boring-milling machine market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Boring-Milling Machine Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Boring-Milling Machine Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Boring-Milling Machine Market - Supply Chain
   4.5. Global Boring-Milling Machine Market Forecast
      4.5.1. Boring-Milling Machine Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Boring-Milling Machine Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Boring-Milling Machine Market Absolute $ Opportunity

5. Global Boring-Milling Machine Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Boring-Milling Machine Market Size and Volume Forecast by Type
      5.3.1. CNC Type
      5.3.2. Ordinary Type
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Boring-Milling Machine Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Boring-Milling Machine Market Size and Volume Forecast by Application
      6.3.1. Aerospace Industry
      6.3.2. Transportation Industry
      6.3.3. Industrial Machinery
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Boring-Milling Machine Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Boring-Milling Machine Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Boring-Milling Machine Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Boring-Milling Machine Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Boring-Milling Machine Demand Share Forecast, 2019-2029

9. North America Boring-Milling Machine Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Boring-Milling Machine Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Boring-Milling Machine Market Size and Volume Forecast by Application
      9.4.1. Aerospace Industry
      9.4.2. Transportation Industry
      9.4.3. Industrial Machinery
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Boring-Milling Machine Market Size and Volume Forecast by Type
      9.7.1. CNC Type
      9.7.2. Ordinary Type
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Boring-Milling Machine Demand Share Forecast, 2019-2029

10. Latin America Boring-Milling Machine Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Boring-Milling Machine Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Boring-Milling Machine Market Size and Volume Forecast by Application
      10.4.1. Aerospace Industry
      10.4.2. Transportation Industry
      10.4.3. Industrial Machinery
      10.4.4. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Boring-Milling Machine Market Size and Volume Forecast by Type
      10.7.1. CNC Type
      10.7.2. Ordinary Type
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Boring-Milling Machine Demand Share Forecast, 2019-2029

11. Europe Boring-Milling Machine Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Boring-Milling Machine Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Boring-Milling Machine Market Size and Volume Forecast by Application
      11.4.1. Aerospace Industry
      11.4.2. Transportation Industry
      11.4.3. Industrial Machinery
      11.4.4. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Boring-Milling Machine Market Size and Volume Forecast by Type
      11.7.1. CNC Type
      11.7.2. Ordinary Type
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Boring-Milling Machine Demand Share, 2019-2029

12. Asia Pacific Boring-Milling Machine Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Boring-Milling Machine Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Boring-Milling Machine Market Size and Volume Forecast by Application
      12.4.1. Aerospace Industry
      12.4.2. Transportation Industry
      12.4.3. Industrial Machinery
      12.4.4. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Boring-Milling Machine Market Size and Volume Forecast by Type
      12.7.1. CNC Type
      12.7.2. Ordinary Type
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Boring-Milling Machine Demand Share, 2019-2029

13. Middle East & Africa Boring-Milling Machine Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Boring-Milling Machine Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Boring-Milling Machine Market Size and Volume Forecast by Application
      13.4.1. Aerospace Industry
      13.4.2. Transportation Industry
      13.4.3. Industrial Machinery
      13.4.4. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Boring-Milling Machine Market Size and Volume Forecast by Type
      13.7.1. CNC Type
      13.7.2. Ordinary Type
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Boring-Milling Machine Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Boring-Milling Machine Market: Market Share Analysis
   14.2. Boring-Milling Machine Distributors and Customers
   14.3. Boring-Milling Machine Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. PAMA Overview Financials Developments Strategic Outlook
      14.4.2. AZ spa Overview Financials Developments Strategic Outlook
      14.4.3. DANOBATGROUP Overview Financials Developments Strategic Outlook
      14.4.4. LAZZATI Overview Financials Developments Strategic Outlook
      14.4.5. MHI Overview Financials Developments Strategic Outlook
      14.4.6. Fermat Machinery Overview Financials Developments Strategic Outlook
      14.4.7. FPT Industrie Overview Financials Developments Strategic Outlook
      14.4.8. Juaristi Overview Financials Developments Strategic Outlook
      14.4.9. Toshiba Machine Overview Financials Developments Strategic Outlook
      14.4.10. Doosan Overview Financials Developments Strategic Outlook
      14.4.11. Q2JC Overview Financials Developments Strategic Outlook
      14.4.12. SMTCL Overview Financials Developments Strategic Outlook
      14.4.13. Kuming Machine Tool Overview Financials Developments Strategic Outlook
      14.4.14. China North Industries Group Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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