Broaching Machine Global Market Report 2026

Broaching machines are specialized machining tools designed for precision cutting and shaping of metal components using a toothed tool known as a broach. These machines are widely used in manufacturing industries for applications such as keyway cutting, gear shaping, and surface finishing, offering high accuracy, efficiency, and repeatability.

The primary types of broaching machines include vertical broaching machines, horizontal broaching machines, and others. A vertical broaching machine operates with a cutting tool moving in a vertical direction, making it ideal for internal and external surface finishing tasks such as creating keyways, splines, and other precision cuts. These machines can process various materials, including metal, plastic, and composite materials. They are used for applications such as internal and external broaching and are widely utilized in industries such as automotive, fabrication, industrial machinery manufacturing, aerospace and defense, oil and gas, and energy.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are affecting the broaching machine market by increasing the cost of imported broach tools, machine frames, linear motion systems, and CNC control units used in vertical and horizontal broaching machines. Automotive, aerospace, and industrial machinery manufacturers in North America and Europe are most impacted due to dependence on imported precision components, while Asia-Pacific exporters face pricing pressure in global markets. These tariffs are raising capital investment costs and extending procurement cycles. However, they are also encouraging localized machine assembly, regional tool manufacturing, and innovation in cost-efficient broaching solutions.

The broaching machine market research report is one of a series of new reports from The Business Research Company that provides broaching machine market statistics, including the broaching machine industry's global market size, regional shares, competitors with a broaching machine market share, detailed broaching machine market segments, market trends and opportunities, and any further data you may need to thrive in the broaching machine industry. This broaching machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The broaching machine market size has grown strongly in recent years. It will grow from $1.23 billion in 2025 to $1.29 billion in 2026 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to expansion of automotive powertrain manufacturing, growth of industrial machinery production, increasing demand for precision metal components, adoption of high-volume machining processes, investments in advanced metalworking equipment.

The broaching machine market size is expected to see strong growth in the next few years. It will grow to $1.57 billion in 2030 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to rising demand for lightweight and complex components, increasing automation in machining workshops, expansion of aerospace manufacturing, growing focus on productivity optimization, adoption of digitally controlled broaching solutions. Major trends in the forecast period include increasing adoption of cnc-controlled broaching systems, rising demand for high-precision internal and external broaching, growing use of automation in metal cutting operations, expansion of multi-axis and continuous broaching machines, focus on high repeatability and surface finish.

The expansion of the automotive industry is expected to drive the growth of the broaching machine market. The automotive sector encompasses businesses and processes involved in designing, manufacturing, marketing, and selling motor vehicles, including cars, trucks, and motorcycles, making it a significant global revenue contributor. Growth in this sector is fueled by rising demand, innovations in electric and autonomous vehicles, government incentives for green technologies, and higher urban incomes. Broaching machines are increasingly used in the automotive industry for producing precise, complex components such as gears, splines, and keyways at high production rates. For example, in January 2025, the Bureau of Infrastructure and Transport Research Economics (BITRE), an Australia-based government transport agency, reported that the total number of registered motor vehicles reached 22.3 million. Electrified vehicles experienced substantial growth, with approximately 259,710 battery- and fuel-cell electric vehicles (BEVs & FCEVs) and 709,100 hybrid-electric vehicles (HEVs). Consequently, automotive industry growth is boosting demand for broaching machines.

The increase in defense budgets is also expected to support the growth of the broaching machine market. Defense budgets are government financial plans covering military salaries, equipment, operations, and programs. Rising geopolitical tensions, technological advancements, and modernization initiatives are driving higher defense spending worldwide. Broaching machines are utilized in defense manufacturing to produce precision components, including firearm parts, turbine blades, and military vehicle gears, with high accuracy and efficiency. For example, in November 2024, the UK Ministry of Defence (MOD) reported that its total defense expenditure for 2023/24 rose to $71.3 billion (£53.9 billion), while equipment capital expenditure-including procurement of manufactured parts and machinery-was around $31.7 billion (£24.0 billion) in 2022/23. Therefore, rising defense budgets are fueling the growth of the broaching machine market.

The surge in industrial robot deployment is further expected to drive the broaching machine market. Industrial robots are automated, programmable machines capable of performing precise, repetitive, and high-accuracy tasks in manufacturing. As automation expands across industries, there is greater demand for precision-machined components, such as high-quality gears, structural parts, and metal components essential for robot performance. Broaching machines play a key role by delivering accuracy, repeatability, and high material-removal efficiency. For instance, in September 2024, the International Federation of Robotics (IFR), a Germany-based robotics federation, reported that 4,281,585 industrial robots were in operation worldwide, reflecting a 10% year-on-year increase, with 541,302 new robots installed globally-the second-highest annual installation level ever recorded. Consequently, the growing deployment of industrial robots is supporting the growth of the broaching machine market.

Major companies operating in the broaching machine market are Mitsubishi Heavy Industries Ltd, Nidec Corporation, Nachi-Fujikoshi Corp, Stenhoj Hydraulik AS, Axisco Precision Machinery Co. Ltd, Colonial Tool Group Inc., Miller Broach, General Broach Company, Pioneer Broach Co., Accu-Cut Diamond Tool Co., Broach Masters, Ohio Broach & Machine Co., Phoenix Inc., Arthur Klink GmbH, Broaching Machine Specialties, CNC Broach Tool LLC, Hoffmann Rumtechnik GmbH, Forst Technologies GmbH & Co. KG, Karl Klink GmbH, Apex Broaching Systems.

North America was the largest region in the broaching machine market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the broaching machine market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the broaching machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The broaching machine market consists of sales of computer numerical control (CNC) broaching machines, surface broaching machines, pull and push type broaching machines, and rotary broaching machines. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Broaching Machine Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses broaching machine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for broaching machine ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The broaching machine market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Vertical Broaching Machine; Horizontal Broaching Machine; Other Types
• 2) By Material: Metal; Plastic; Composite; Other Materials
• 3) By Application: Internal Broaching; External Broaching
• 4) By End-User: Automotive; Fabrication And Industrial Machinery Manufacturing; Aerospace And Defense; Oil And Gas; Energy; Other End-Users
• Subsegments:
• 1) By Vertical Broaching Machine: Surface Broaching Machines; Internal Broaching Machines; External Broaching Machines; Rotary Broaching Machines
• 2) By Horizontal Broaching Machine: Pull-Type Horizontal Broaching Machines; Push-Type Horizontal Broaching Machines; Continuous Horizontal Broaching Machines; Table-Up Broaching Machines
• 3) By Other Types: Chain Broaching Machines; Pot Broaching Machines; Blind Spline Broaching Machines; Electrochemical Broaching Machines
• Companies Mentioned: Mitsubishi Heavy Industries Ltd; Nidec Corporation; Nachi-Fujikoshi Corp; Stenhoj Hydraulik AS; Axisco Precision Machinery Co. Ltd; Colonial Tool Group Inc.; Miller Broach; General Broach Company; Pioneer Broach Co.; Accu-Cut Diamond Tool Co.; Broach Masters; Ohio Broach & Machine Co.; Phoenix Inc.; Arthur Klink GmbH; Broaching Machine Specialties; CNC Broach Tool LLC; Hoffmann Rumtechnik GmbH; Forst Technologies GmbH & Co. KG; Karl Klink GmbH; Apex Broaching Systems.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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