Procurement Market Intelligence Report

CNC Lathes & Turning Centers
Sourcing Guide & Market Intelligence

Smarter cost management starts with comprehensive market intelligence

United States Market Intelligence Reports United States
Global Market Intelligence Reports Global

Quick Navigation


CNC Lathes & Turning Centers Global Overview

Definition

Summary

Computer numerical controlled (CNC) lathes and turning centers are machine tools that rotate a workpiece on its axis to perform activities such as cutting and drilling. These machines make fast precision cuts using indexable tools operated under automatic control, as opposed to being operated manually. Types of equipment include horizontal turning centers, vertical turning centers, double-column machining centers, centering machines, and chucking machines, among others. Key buyers of CNC lathes and turning centers are aerospace product manufacturers, automobile and truck manufacturers, machine shop service providers, and medical device manufacturers.

This Report Includes:

  • Horizontal Turning Centers
  • Vertical Turning Centers
  • Double Column Machining Centers
  • Centering Machines
  • Chucking Machines

Not in this Report:

  • Operated Lathes
  • Operated Turning Centers

Global CNC Lathes & Turning Centers Procurement Trends

Discover the top international trends affecting procurement in the global CNC Lathes & Turning Centers market.

Warning Trends


Tariffs to negatively impact the industrial manufacturing and processing machinery sector

  • The Trump Administration’s reciprocal tariffs, which apply general tariff rate increases to most leading US trade partners, are set to take effect on August 7, after the administration finalized the rates on August 1. As a result, leading sources of industrial equipment imports face significantly increased tariffs, including Canada (35.0%), China (54.0%), the European Union (15.0%), Japan (15.0%), Mexico (25.0%), and South Korea (15.0%).
  • Additionally, the administration increased tariffs on aluminum and steel, common input materials for industrial machinery, to 50.0%, which is likely to increase input costs for suppliers operating inside the United States.
  • China, Mexico, and Japan are three of the top sources of US machinery imports, accounting for about 50.0% of US imports in total. In addition to the increased costs from tariffs on these countries, the Japanese and Mexican machinery sectors could face increased financial risk as a large share of their revenue comes from US clients.
  • According to the Association of Equipment Manufacturers, the increase in tariff rates on steel and aluminum in 2018 led to a 78.0% increase in domestic equipment production costs, a trend that may be repeated following the latest increases in steel and aluminum tariffs.
  • Suppliers that source machinery or parts from tariff-affected countries may see supply chain disruptions or extended lead times as they seek alternative suppliers to mitigate tariff impacts. In addition, buyers seeking to rent industrial machinery will likely see higher rental rates as dealers pass on higher costs and possibly limited available units if supply chain issues occur.

Global CNC Lathes & Turning Centers Market - Suppliers by Region

Country/Region Number of Suppliers
#1 China 2,265
#2 Europe 2,170
#3 United States 820

Explore supplier concentration across the globe

We've uncovered the 11 top regions for global procurement, based on feedback from our most strategic clients. Access vendor counts for each unique region when you subscribe.

  • Canada
  • United States
  • Mexico
  • Latin America
  • South America
  • India
  • China
  • Europe
  • Africa & Middle East
  • Australi & New Zealand
  • Oceania & Southeast Asia

2

Geography Drilldown - US

Average Cost of CNC Lathes & Turning Centers

United States

2026 Market Pricing
$5,000.00 to $XXX,XXX.XX
per machine

Average Price

Prices in the CNC Lathes & Turning Centers market range from $5,000.00 to $XXX,XXX.XX, depending on Model Type, Number of Axes, Machine Age or Quality, Work Envelope and Chuck Size and Spindle Speed and Rating. For example, lower prices are associated with Lathes ($5,000 to $300,000 per machine), whereas higher prices are associated with Horizontal machining centers ($15,000 to $450,000 per machine), Vertical machining centers ($6,000 to $325,000 per machine) and Vertical turret lathe ($25,000 to $385,000 per machine).

Need the scoop on international price trends?

Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.

CNC Lathes & Turning Centers Category Price Trends

Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the CNC Lathes & Turning Centers market, prices in the US have grown 0.4% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more

United States (2022-2025)

0.4%
Compound Annual Growth Rate
United States (2025-2028)

Compound Annual Growth Rate

Purchase a ProcurementIQ subscription to access this information. Learn more

Wondering where prices are heading?

Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.

Cost Analysis - Total Cost of Ownership for CNC Lathes & Turning Centers

Total cost of ownership is Low in the CNC Lathes & Turning Centers market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Delays may raise the total cost of ownership unexpectedly.

Negotiated Before

Installation

Installation costs may be necessary, particularly if retrofitting existing structures is necessary.

Implementation

Buyers should consider the cost of computer-aided manufacturing (CAM) software and computer-aided design (CAD) software needed to implement the machines in the business's operations. Although some suppliers offer built-in software with their models of CNC lathes, buyers may have to install an alternative program instead.

Billed During

Training

Buyers may face costs related to training their employees in the proper use of the equipment.

Maintenance

All CNC lathes and turning centers will require regular maintenance over their operating life. Some larger buyers will use a machine for four to five years before swapping it out with a newer model to avoid the maintenance costs associated with operating older machinery.

Repairs

If proper maintenance schedules are not followed, replacements and repairs may be necessary. Buyers should develop strategies to minimize costs; for example, some buy new machines rather than spend on repairs and new parts.

Unforeseen

Delays

Supply shortages could lead to delays in production for suppliers. As a result, delayed delivery of machines could lead to lost profits for buyers.

Buyer Power in Procurement Negotiations

In 2026, buyer power amounts to -1.1 in the United States. Buyer power is most positively impacted by Recent Developments. It is most negatively impacted by Market Share Concentration. Subscribers can access details on eight other factors that impact buyer power. Learn more

United States

-1.1

Buyer power forecasts: your glimpse into the future

Develop strategies for the upcoming year and identify unforeseen opportunities for buying now

  • Actionable "Buy Now" and "Buy Later" insights
  • Near-real-time updates to current and forecast Buyer Power Scores
  • Methodology and weightings for Buyer Power Score Components

Show me

Supply Chain Risk

The average level of supply chain risk is assessed as High, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:

1st

Tier Suppliers

  • Electrical Equipment Wholesalers
  • Nonferrous Metal Foundry Products Manufacturers
  • Ferrous Metal Foundry Product Wholesalers

2nd

Tier Suppliers

  • Semiconductor & Circuit Manufacturers
  • Aluminum Manufacturers
  • Iron & Steel Manufacturers

Biggest CNC Lathes & Turning Centers Suppliers in the US by Revenue

The largest CNC Lathes & Turning Centers vendors by revenue in the US are Hanwha Corp., Star Micronics Co. Ltd. and Tsugami Corporation. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more

Supplier Operational Size Headquarters Number of Employees Market Share (%) Market Share Performance (3yr trend) Total Revenue ($ million) Profit Level (%) Risk Level
DMG Mori Seiki Company Limited Global Tokyo, JP 1,001-10,000 5-10
Purchase a ProcurementIQ subscription to access this information. Learn more
Okuma Corp. Global Oguchi, JP 1,001-10,000 5-10
Yamazaki Mazak Corporation Global Oguchi, JP 1,001-10,000 5-10
Haas Automation Inc. Global Oxnard, CA 1,001-10,000 5-10
Hyundai Motor Group Global Seoul, KR >10,001 < 5
Hardinge Inc. Global Berwyn, PA 1,001-10,000 < 5
Index-Werke Gmbh & Co. Kg Hahn & Tessky Global Esslingen, DE 1,001-10,000 < 5
Akira Seiki Company Ltd. International Taichung City, TW 25-50 < 5
Amera-Seiki Inc. International Houston, TX <25 < 5

Looking for a list of suppliers by country?

Subscribers can access vendor information on Canadian and European suppliers, too. We also offer custom research services to help with vendor sourcing anywhere in the world.

Profit Analysis

The average profit margin across vendors in the CNC Lathes & Turning Centers market is 4.4% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is falling, when considering movement between 2025 and 2026. To understand cost forecasts for 2027 and uncover the implications on profit, start your subscription. Learn more

Vendor & Supply Chain Analysis

On average, vendors operating in the market are at moderate financial risk, posing some risk of service disruption. Local, privately owned suppliers are at more risk than larger, multinational, or global companies.

There is low market share concentration in the market for CNC lathes and turning centers. Market fragmentation encourages competition in the market, both nationally and internationally.

The market has high supply chain risk because important inputs like electrical apparatus and equipment, nonferrous metal foundry products, and ferrous metal foundry products have been plagued by tariffs, shortages, and international sanctions and war in successive order the past three years.

The United States is a net importer of CNC lathes and turning centers, meaning they import more than they export. Although US buyers can leverage the competitive global market to negotiate preferable deals, buyers of CNC lathes and turning centers from international manufacturers must account for potential supply chain disruptions, overseas transportation costs, and longer lead times for delivery.

Supplier Information

DMG Mori Seiki Company Limited

DMG Mori Seiki Company Limited is a public company operating globally in the manufacturing sector. The company's offerings include cnc lathes & turning centers. Founded in 1948, the company is currently headquartered in Tokyo, Japan with an estimated 5500 employees. Subscribe to learn more

Haas Automation Inc.

Haas Automation Inc. is a private company operating globally in the manufacturing sector. The company's offerings include cnc lathes & turning centers. Founded in 1983, the company is currently headquartered in Oxnard, California, United States of America with an estimated 5500 employees. Subscribe to learn more

Okuma Corp.

Okuma Corp. is a public company operating globally in the manufacturing sector. The company's offerings include metal grinding machines and cnc lathes & turning centers. Founded in 1898, the company is currently headquartered in Oguchi, Japan with an estimated 5500 employees. Subscribe to learn more

Yamazaki Mazak Corporation

Yamazaki Mazak Corporation is a private company operating globally in the manufacturing sector. The company's offerings include metal boring machines and cnc lathes & turning centers. Founded in 1919, the company is currently headquartered in Oguchi, Aichi, Japan with an estimated 5500 employees. Subscribe to learn more

Akira Seiki Company Ltd.

Akira Seiki Company Ltd. is a private company operating internationally in the manufacturing sector. The company's offerings include cnc lathes & turning centers. Founded in 1985, the company is currently headquartered in Taichung City, Taiwan with an estimated 50 employees. Subscribe to learn more

Amera-Seiki Inc.

Amera-Seiki Inc. is a private company operating internationally in the manufacturing sector. The company's offerings include cnc lathes & turning centers. Founded in 1991, the company is currently headquartered in Houston, Texas, United States of America with an estimated 25 employees. Subscribe to learn more

CHIRON Werke GmbH & Co. KG

CHIRON Werke GmbH & Co. KG is a private company operating globally in the manufacturing sector. The company's offerings include cnc lathes & turning centers. Founded in 1921, the company is currently headquartered in Tuttlingen, Baden-Wurttemberg, Germany with an estimated 5500 employees. Subscribe to learn more

DN Solutions, Ltd.

DN Solutions, Ltd. is a private company operating globally in the manufacturing sector. The company's offerings include cnc lathes & turning centers. Founded in 1976, the company is currently headquartered in Changwon, South Korea with an estimated 5500 employees. Subscribe to learn more

Hanwha Corp.

Hanwha Corp. is a public company operating in the utilities and manufacturing sectors. The company's offerings include cnc lathes & turning centers, surveillance cameras and closed-circuit television systems.. Subscribe to learn more

Accelerate the vendor selection process

Get a clear picture of the competition in a market and discover which vendors are best-suited for your sourcing needs. Our supplier profiles include hard-to-find financial ranges for private companies, cover public company data and feature an interactive competitor matrix.

Procurement Management KPIs for the CNC Lathes & Turning Centers Market

Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Cost of Goods Sold and Defect Density. Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Warranties and other factors.

KPI Level of Importance (1-5) Measurements Key Considerations
Cost of Goods Sold

Total revenue

Total labor, material, service, and delivery costs

The cost of goods sold represents the cost of providing CNC lathes and turning centers.

The cost of goods sold can be used to determine profitability or pricing strategies of sellers.

Defect Density

Number of units

Number of defective units

The defect density represents the share of defective lathes and turning centers a company produces.

The defect density can be used to determine whether manufacturing, assembly, or quality assurance processes require improvement.

A lower defect density would imply a higher precision and quality of the CNC lathes and turning centers.

Purchase a ProcurementIQ subscription to access this information. Learn more

Questions to Ask During Procurement Negotiations

How can I gain leverage during negotiations?

Competition

How do you win and retain business?

How long have you provided CNC lathes and turning centers to your most tenured clients?

Location

If I am located in a different region, do you anticipate any difficulties in delivering the CNC machine?

What are your shipping rates to my facilities? Do shipping rates vary if I need CNC machines shipped to more than one location?

Specialization

What manufacturing specifications do you follow to produce your CNC machines?

What have you done to improve the reliability, safety and precision of your machines in the past few years?

The ultimate prep for procurement negotations

View all 26 negotiation questions for this category when you subscribe.

CNC Lathes & Turning Centers RFP Guidelines

What should my RFP include?

Organizational Overview

Buyers should give an overview of their organization, including the industry and number of employees.

Buyers should explain their intended uses for CNC machines.

Statement Of Need

Buyers should specify the type(s) and quantity of CNC machines they require.

Buyers should specify the desired performance capabilities.

Project Budget

Buyers should specify their total budget.

Buyers should specify desired payment terms, including the preferred interest rate, if applicable.

The RFP process made easy

Find out how you can access RFP templates for 800+ procurement categories to start writing better, more consistent RFPs.

We display average pricing information, trends and market data.

Our Reports include:

  • Opportunity assessment
  • Market dynamics
  • Recent developments
  • Positive and warning trends
  • Buyer power levers
  • Price environment and market pricing
  • Geographic wage rates
  • Global market updates
  • Total cost of ownership
  • Cost structure benchmarks and analysis
  • Supply chain and vendors
  • Global supplier breakdown
  • Market share concentration
  • Regulation and business requirements
  • Vendor management and KPIs
  • Sourcing strategy guidance