Broaching Machine Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Broaching Machine Manufacturers and the Market is Segmented by Product Type (Vertical Broaching Machine, Horizontal Broaching Machine, and Others), by End-use (Automotive, Fabrication, and Industrial Machinery Manufacturing, Aerospace & Defense, Oil and Gas, and Energy, and Others) and Geography (North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America). The market provides the value (in USD million) for the above-mentioned segments.

Broaching Machine Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Broaching Machines Market Size

broaching machines market
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 4.00 %
Market Concentration Low

Major Players

Broaching Machines Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Broaching Machines Market with other markets in Manufacturing Products and Services Industry

Textiles

Metal Working and Fabrication

General Manufacturing

Manufacturing Services

Broaching Machines Market Analysis

The Broaching Machines Market is expected to register a CAGR of greater than 4% during the forecast period.

The broaching machines market is expected to register moderate growth during the forecast period (2019-24). The growth of the market is majorly driven by the increasing demand from several end-user industries such as automotive, aerospace and others, across the world. Broaching remains one of the fastest methods of cutting production parts, which is primarily intended for high-volume production runs. The rising demand for high speed and accurate finishing process in the end-use sector is putting pressures on broaching machine manufacturers. To meet this demand, manufacturers are increasingly adopting advanced technology and automation. The automation of the production and related fabrication process help companies in gaining a competitive edge in the market and reduce their operational costs. CNC, servo, and software technology continue to improve and provide additional impact on power savings, high efficiencies, and high precision mechanical systems. The CNC broaching machines offer benefits such as energy savings and high precision during metal cutting, key formation, and gear making. There has been an improvement in the production of broach tools, which play a key role in the quality of the finished product.
According to industrial sources, in term of the overall equipment effectiveness, especially with the achievable qualities and profile areas of energy efficiency, electro-mechanical actuators are increasingly replacing the hydraulic drives. In recent times, CNC controls have paved the way to the elimination of hydraulics and replacing them with servo drives and ball screws for many applications. About half of the customer base considers an electro-mechanical machine for small to-mid-range applications. Furthermore, the market is also driven by the growing demand for the fabricated metal products, development of heavy industrial equipment, and advancement in the manufacturing processes. The metal fabrication market may be less prone to wild fluctuations than other industries, which will allow these conventional machining processes to grow moderately. For instance, in India, the annual growth rate of fabricated metal products production followed negative trend during the period 2013-15. Whereas, after 2015, the production rate witnessed positive trend with lesser growth rates. Worldwide, the machine tool cutting sector represented a major share in terms of production volume when compared to forming technology. The machine tool cutting sector comprises of lathes, drilling machines, broaching machines, boring machines, milling machines, etc.
 

Broaching Machines Industry Overview

The broaching machines market is fairly fragmented in nature with the presence of large global players and small and medium sized local players with quite a few players who occupy the market share. When analyzing major countries’ manufacturing establishments, it is revealed that many of the global companies have footprint in the major countries. Detailed analysis of major companies, which include company overview, financials, products offerings, recent developments, etc. are covered in the report. A large number of companies are working to change the way broaching is perceived. Over the past 10 years, manufacturers have been incorporating significant technological changes to make the process more flexible, productive and accurate. 

Broaching Machines Market Leaders

  1. American Broach & Machine Co

  2. Axisco Precision Machinery Co., Ltd

  3. Forst Technologie GmbH & Co. KG

  4. Nachi-Fujikoshi Corp

  5. Mitsubishi Heavy Industries, Ltd

  6. *Disclaimer: Major Players sorted in no particular order
broaching machines market
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Broaching Machines Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

  • 2.1 Analysis Methodology
  • 2.2 Research Phases

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Current Market Scenario
  • 4.2 Market Dynamics
    • 4.2.1 Drivers
    • 4.2.2 Restraints
  • 4.3 Porter's Five Forces Analysis
  • 4.4 Industry Value Chain Analysis
  • 4.5 Global Manufacturing Sector (Overview, Trends, R&D, Key Statistics, etc.)
  • 4.6 Key Government Regulations and Initiatives for Manufacturing Sector
  • 4.7 Metal Working Industry Snapshot (Overview, Key Metrics, Developments, etc.)
  • 4.8 Technology Snapshot
  • 4.9 Insights on Electro-mechanical Broaching Machines and its Latest Developments
  • 4.10 Spotlight on Broach Tools (Overview, Different Types, Advancements, etc.)*
  • 4.11 *List not Exhaustive

5. MARKET SEGMENTATION

  • 5.1 By Prodcut Type
    • 5.1.1 Vertical Broaching Machine
    • 5.1.2 Horizontal Broaching Machine
    • 5.1.3 Others
  • 5.2 By End-user
    • 5.2.1 Automotive
    • 5.2.2 Fabrication and Industrial Machinery Manufacturing
    • 5.2.3 Aerospace & Defense
    • 5.2.4 Oil and Gas, and Energy
    • 5.2.5 Others
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.2 North America
    • 5.3.3 Europe
    • 5.3.4 Latin America
    • 5.3.5 Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Overview (Market Concentration, Major Players)
  • 6.2 Company Profiles
    • 6.2.1 American Broach & Machine Co
    • 6.2.2 Axisco Precision Machinery Co., Ltd
    • 6.2.3 Forst Technologie GmbH & Co. KG
    • 6.2.4 Nachi-Fujikoshi Corp
    • 6.2.5 Apex Broaching Systems
    • 6.2.6 Steelmans Broaches Pvt Ltd
    • 6.2.7 Colonial Tool Group Inc.
    • 6.2.8 Pioneer Broach
    • 6.2.9 Mitsubishi Heavy Industries, Ltd
    • 6.2.10 Arthur Klink GmbH
    • 6.2.11 The Ohio Broach & Machine Co
    • 6.2.12 Hoffmann Rumtechnik GmbH*
    • 6.2.13 *List not Exhaustive
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. APPENDIX

  • 8.1 GDP Distribution, by Activity-Key Countries
  • 8.2 Insights on Capital Flows-Key Countries
  • 8.3 Economic Statistics-Manufacturing Sector, Contribution to Economy (Key Countries)
  • 8.4 Global Manufacturing Industry Statistics*
  • 8.5 *List not Exhaustive

9. DISCLAIMER

**Subject to Availability
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Broaching Machines Industry Segmentation

A complete background analysis of the broaching machines market, which includes an assessment of the sector and contribution of sector in the economy, market overview, market size estimation for key segments, key regions and emerging trends in the market segments, market dynamics, and key production and consumption statistics are covered in the report.

By Prodcut Type Vertical Broaching Machine
Horizontal Broaching Machine
Others
By End-user Automotive
Fabrication and Industrial Machinery Manufacturing
Aerospace & Defense
Oil and Gas, and Energy
Others
Geography Asia-Pacific
North America
Europe
Latin America
Middle East and Africa
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Broaching Machines Market Research FAQs

What is the current Broaching Machines Market size?

The Broaching Machines Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in Broaching Machines Market?

American Broach & Machine Co, Axisco Precision Machinery Co., Ltd, Forst Technologie GmbH & Co. KG, Nachi-Fujikoshi Corp and Mitsubishi Heavy Industries, Ltd are the major companies operating in the Broaching Machines Market.

What years does this Broaching Machines Market cover?

The report covers the Broaching Machines Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Broaching Machines Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Broaching Machines Industry Report

Statistics for the 2025 Broaching Machines market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Broaching Machines analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.