Publish Date: September 2026
Updated Tariff & Recession Risk Analysis and Forecasts
The Metalworking Machine Production Market Report covers the $8.7 billion industry which manufactures equipment enabling material removal operations including turning, milling, grinding, and drilling across diverse manufacturing sectors. Competitive structure encompasses European and Japanese precision machine manufacturers alongside North American and Asian producers addressing various market segments. Market requirements increasingly emphasize precision, operational flexibility supporting diverse part production, automation capabilities reducing labor requirements, and increasingly digital controls enhancing programming convenience and monitoring. Manufacturers face challenges balancing engineering sophistication, price competitiveness particularly against Asian producers, aftermarket service development, and tariff implications affecting both component sourcing and market access. Successful companies establish advantages through advanced engineering optimizing precision and productivity, specialized features addressing application-specific requirements, comprehensive service capabilities ensuring equipment uptime, and increasingly digital integration supporting manufacturing flexibility in a sector where technical capabilities and reliability drive customer preference.
Metalworking Machine Production Industry Definition
Metalworking Machine Production manufactures equipment that shapes metal through cutting, drilling, grinding, milling, turning, and related material removal processes. Companies design and build machine tools incorporating precise motion control, toolholding systems, and workpiece positioning capabilities that enable accurate part creation. Manufacturing processes include heavy fabrication of machine structures, precision component machining, spindle system assembly, linear motion system integration, control development, and geometric accuracy testing. These businesses produce capital equipment fundamental to metal parts manufacturing. The industry continuously improves precision, automation, multi-axis capabilities, and operational efficiency while developing enhanced control systems, sensing technologies, and process monitoring features that enable increasingly sophisticated manufacturing capabilities and tighter tolerances in modern metalworking operations.
NAICS Code: 333517
Total # of Companies: 914
Total # of Factories / Facilities: 1,002
Industry Employees: 27,284
Market Size: $8.7 billion
TARIFF IMPACT (Summer 2025 – Download Report for Updated Analysis)
This report has in-depth analysis on the recent US tariff changes on material costs, quantifying import dependencies, tariff exposure rates, and key source countries for the metalworking machine production sector.
Estimated Tariff Cost: $500 million
Relative Tariff Impact: VERY HIGH
Metalworking Machine Production Report Format
The 2026 U.S. Metalworking Machine Production Market Report is 63 pages of deep insights into the trends, dynamics, and forecasts shaping the industry. Professionals leverage this market report to develop a deep understanding of the market for business strategy, planning, forecasting, benchmarking, industry analysis, valuations, identifying organizational inefficiencies, financial analysis, and more.
The report has over 100 industry statistical data sets with historicals (2017-2025), trend analysis, and forecasts for 2026 and the next 5 years. The report includes market size & growth, in-depth OPEX analysis on 26 categories, dozens of financial metrics, forecasts, inventory trends & analysis, detailed breakdown of 31 balance sheet items, company segmentation analysis, industry concentration analysis, material costs benchmarks, profitability analysis, state statistics, plant productivity benchmarks, organizational breakdown, 4 years of inflation analysis, wage analysis, employee productivity benchmarks, and much more.
Below are a few page images from the report and check out the table of contents for a complete overview.
Report Table of Contents
Explore the below table of contents to understand the extensive statistical data sets in this report and why thousands of executives, consultants, bankers, accountants, and other professionals trust Kentley Insights for their market research needs.
The data source for the report is extensive annual expense, revenue, wage, operational, and economic surveys administered by federal and private institutions and filled out by a majority of companies in the metalworking machine production industry. Our forecasts take into account historical trends, industry dynamics, and our macroeconomic projections.
1-2 – Market Report Overview & Contents
3 – Market Overview
– Data Sources, Industry Definition & Market Commentary
4 – Market Synopsis – Revenue & Growth
5 – Market Synopsis – Costs & Profitability
SECTION ONE
REVENUE & GROWTH ANALYSIS
7 – Market Size Details
– Industry Revenues, Companies & Facilities
– Trend Analysis 2017-2025
– 2026 & 2030 Forecasts
8 – Growth Benchmarks
– Sales per Company & Plant
– Trend Analysis 2017-2025
– 2026 & 2030 Forecasts
9 – Product Lines Revenue
– Percentage of Revenue from Product Lines
10 – BCG Matrix – Net Income vs. Revenue Growth
– Subsectors vs. Industry
11 – Total Sales by Month & Year
– 2021-2025 Sales per Month
12 – Inventory Value by Month & Year
– Inventory Value per Month for 2021-2025
13 – Months of Inventory
– Months of Inventory per Month for 2021-2025
14 – Sector Revenue by Segments
– Concentration Segments by Top Companies
– Business Size Segments
– Business Structure Segments
15 – Market Size by State
16 – Market Size as a % of State GDP
17 – Sales as a % of State Manufacturing
18 – Market Segmentation by Business Size
19 – Market Segmentation by Business Size
– Business Size Segments – 1-4, 5-9, 10-20, 21-50, 51-100, 101-250, & 250+ employees
– Companies, Facilities, Sales, Employees & Payroll
20 – Segmentation by Concentration (Top 50 Companies)
– Concentration Segments – Top 4, 5-8, 9-20, & 21-50 companies
– Companies, Facilities, Sales, Employees & Payroll
21 – Market Share of Top 50 Companies
22 – Subsector Market Share of Top 50 Companies
23 – Segmentation by Business Structure
– Business Structure Segments – C-Corporations, S-Corporations, Partnerships, & Sole Proprietorships
– Companies, Facilities, Sales, Employees & Payroll
24 – Revenue per Company by State
– Revenue per Company
25 – Revenue per Company by Segments
26 – Revenue per Facility by State
27 – Revenue per Facility by Segment
– Business Size, Concentration, & Structure
28 – Subsector Growth
– Sales and 5-Year Growth
29 – Subsector Statistics
– Sales per Company & Facility, and 5-Year Growth
30 – Consolidation Analysis
– 5-Year Growth of Companies & Locations
31 – Employment Consolidation Analysis
– 5-Year Growth of Employee Statistics
32 – Subsector Consolidation Analysis
– Number of Companies & Facilities
– 5-Year Growth
33 – Subsector Consolidation Analysis
– Facilities per Company
– Employees per Company
– 5-Year Growth
SECTION TWO
COST, CAPITAL & PROFIT BENCHMARKS
35 – Profitability & Financial Ratio Analysis
– Percent of Companies that are Profitable
– Average Net Income as a Percent of Revenue
– 10 of the Top Financial Ratios
– Assets and Liabilities indexed to industry revenue at 100
– Current & Non-Current Assets: 14 Categories
– Short-term, Long-term Liabilities, & Net Worth: 13 Categories
37 – OPEX
– Industry OPEX
– Revenue vs. OPEX Growth
– OPEX as a Percent of Revenue
– Trend Analysis 2017-2025
– 2026 & 2030 Forecasts
38 – OPEX by Company & Plant
– OPEX per Company & Facility
– Revenue vs. Expenses Growth per Plant
– Trend Analysis & Forecasts
Page 39 – OPEX Detail
– Employee Expenses: payroll, insurance, pension, defined contribution plans, fringe benefits, temps
– Cost of Materials: materials, parts, containers, packaging, cost of resale, electricity and fuels, contract work
– Buildings and Equipment: capex for equipment, rental or lease for equipment, capex for buildings and structures, rental or leases, repair and maintenance
– Other Operating Expenses: professional and technical services, IT software and hardware, data processing and communications, advertising, refuse removal, taxes and license fees, other
-Inventory Breakdown: finished goods, work-in-progress, materials and supplies
40 – Production Material Costs & Tariff Analysis
– Top Production Material Costs Breakdown
– Industry & Material Tariff Analysis – % of costs, import %, tariff costs, source countries
41 – Producer Pricing Index
– Annual PPI – Indexed to 2006
– Trend Analysis & Forecasts
– Monthly PPI Figures for the Past 4 Years
42 – Plant Utilization & Hours
– Plant Utilization Rate
– Plant Operational Hours per Week
– 2022-2025 Historical Figures by Quarter
43 – Reasons for Non-Full Production
– 7 Categories Quarterly Survey Results for Past 2 Years
44 – Productivity & Employment
– Revenue per Employee
– Total Employees
– Employees per Company
– Trend Analysis & Forecasts
45 – Employee Productivity by Segments
– Business Size, Concentration, & Structure
46 – Employee Productivity by State
47 –Subsector Sales & Payroll per Employee
– Absolute & 5-Year Growth
48 – Payroll Analysis
– Payroll per Employee, Company & Plant
– Trend Analysis & Forecasts
49 – Payroll per Company by Segments
50 – Payroll per Plant by Segments
51 – Payroll per Employee by Segments
52 – Payroll per Employee by State
53 – Organizational Composition
– % of Employees for 27 Job Categories
– Management & Finance
– Sales & Marketing
– Technology, Engineering, Science
– Service, Support & Training
– Operations
54 – Job Categorization Pay Ranges
– Management & Finance
– Sales, Service & Marketing
– Operations
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%
55 – Top 20 Jobs Breakdown
56 – Top 20 Jobs Pay
57 – Employees per Company by Segments
58 – Employees per Plant by Segments
59 – Facilities per Company by Segments
60 – Total Employment by State
61 – Population to Every Employee by State
62 – Employees per Facility by State
63 – Overview of Kentley Insights
Download a Sample Report
Below is a free sample report download. The 2026 Metalworking Machine Production Market Report has the same layout and data sets as the sample report.
Product Lines, Materials, and Jobs Covered in Report
PRODUCT LINES
Metal machining centers (multifunction numerically controlled machines)
Other metal cutting machine tools (excluding those designed primarily for home workshops, laboratories, garages, etc.)
Rebuilt metal-cutting machine tools, remanufactured metal-cutting machine tools, and parts for metal-cutting-type machine tools (sold separately)
Metal punching and shearing machines (including power and manual) and bending and forming machines (power only)
Metal grinding, polishing, buffing, honing, and lapping machines, excluding gear-tooth grinding, lapping, polishing, and buffing machines
Metal lathes (turning machines) numerically and nonnumerically controlled
Machine tool manufacturing, nsk, total
Other metal forming machine tools, including forging and die-stamping machines (excluding metalworking presses)
Parts for metal forming machine tools (sold separately) and rebuilt and remanufactured metal forming machine tools
Metal boring machines and drilling machines (excluding machining centers)
MATERIAL COST CATEGORIES
Materials, ingredients, containers, and supplies, nsk
Cost of all other materials and components, parts, containers, and supplies consumed
Machine tool accessories (including cutting tools)
Misc. iron, steel, and ferroalloy ingot, shapes, and forms (excluding castings, forgings, bars, structural, wire, sheet, strip)
Misc. fabricated metal products (excluding hardware, containers, screw machine, bearing components, castings, forgings, and wire)
Steel structural shapes and sheet piling (excluding castings, forgings, and fabricated metal products)
Semiconductors, including transistors, diodes, rectifiers, and integrated circuits for electronic circuitry, and related devices
Fluid power hose, tube fittings, valves and assemblies (hydraulic and pneumatic)
Nonferrous metal castings (excluding aluminum and aluminum-based alloy)
Relays and industrial controls
Mechanical speed changers, gears, and industrial high-speed drives
Aluminum and aluminum-base alloy castings
INDUSTRY JOBS ANALYZED
Machinists
Tool and Die Makers
Computer Control Programmers and Operators
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic
First-Line Supervisors of Production and Operating Workers
Molders and Molding Machine Setters, Operators, and Tenders, Metal and Plastic
Miscellaneous Assemblers and Fabricators
Mechanical Engineers
Sales Representatives, Wholesale and Manufacturing
General and Operations Managers
Inspectors, Testers, Sorters, Samplers, and Weighers
Welding, Soldering, and Brazing Workers
Shipping, Receiving, and Traffic Clerks
Industrial Machinery Installation, Repair, and Maintenance Workers
Office Clerks, General
Miscellaneous Production Workers
Industrial Production Managers
Secretaries and Administrative Assistants
Industrial Engineers, Including Health and Safety
Laborers and Material Movers, Hand
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