Tapping Machines Market
The market for Tapping Machines was estimated at $408 million in 2024; it is anticipated to increase to $643 million by 2030, with projections indicating growth to around $941 million by 2035.
Global Tapping Machines Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Tapping Machines industry revenue is expected to be around $439.9 million in 2025 and expected to showcase growth with 7.9% CAGR between 2025 and 2034. Building on this projected expansion, the tapping machines market continues to hold strong relevance across precision manufacturing environments where threaded components remain fundamental to assembly operations. The growing complexity of engineered products, particularly in automotive, aerospace, and industrial equipment sectors, has intensified the need for accurate and repeatable thread formation. As manufacturers prioritize productivity and reduced cycle times, integrated solutions such as drilling and tapping machines are increasingly adopted to streamline multi-step processes into a single operation. This shift toward operational efficiency is further reinforced by rising automation across production floors, where consistency and reduced manual intervention are essential. At the same time, demand from small and mid-sized fabrication units sustains steady equipment replacement cycles, ensuring that tapping technologies remain central to modern metalworking ecosystems.
Tapping machines are specialized machine tools designed to create internal threads within pre-drilled holes, enabling secure fastening of mechanical components across a wide range of industries. These systems are available in manual, pneumatic, electric, and CNC configurations, offering flexibility to suit both low-volume workshops and high-speed production lines. In addition to standalone units, drilling and tapping machines combine hole-making and thread-cutting functions, improving alignment accuracy while minimizing handling time. Key applications span automotive engine components, aerospace assemblies, construction hardware, electrical enclosures, and general machinery manufacturing. Recent trends shaping demand include the adoption of CNC-controlled systems for higher precision, integration with automated production cells, and the development of compact, energy-efficient models tailored for space-constrained facilities. Together, these advancements reinforce the equipment’s essential role in precision-driven industrial operations.
Market Key Insights
The Tapping Machines market is projected to grow from $407.7 million in 2024 to $872 million in 2034. This represents a CAGR of 7.9%, reflecting rising demand across Automotive Industry, Construction Sector, and Manufacturing Industry.
ABM Tools, Brother Industries Ltd., Chen Fwa Industrial Co. Ltd. are among the leading players in this market, shaping its competitive landscape.
U.S. and China are the top markets within the Tapping Machines market and are expected to observe the growth CAGR of 5.1% to 7.6% between 2024 and 2030.
Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 9.1% to 10.9%.
Transition like Evolution towards Automation is expected to add $23 million to the Tapping Machines market growth by 2030.
The Tapping Machines market is set to add $464 million between 2024 and 2034, with manufacturer targeting Aerospace & Machinery Manufacturing Application projected to gain a larger market share.
With
rising precision manufacturing requirements and expansion of automated production lines, and
Growing Adoption of Multi-Function Machine Tools for Operational Efficiency Optimization, Tapping Machines market to expand 114% between 2024 and 2034.
Opportunities in the Tapping Machines
Growth Opportunities in North America and Asia Pacific
Market Dynamics and Supply Chain
Driver: Rising Precision Manufacturing Requirements and Expansion of Automated Production Lines
Restraint: High Initial Investment Costs Limit Adoption Among Small and Medium-Sized Manufacturers
Opportunity: Growing Demand for Automated Drilling and Tapping Machines in Electric Vehicle Component Manufacturing and Increasing Adoption of Tapping Machines in Southeast Asian Industrial Hubs Driven by Manufacturing Growth
Challenge: Skilled Workforce Shortages and Technical Expertise Gaps Hinder Technology Utilization
Supply Chain Landscape
Raw Material Acquisition
Component Manufacturing
Assembly
End-User Market
Raw Material Acquisition
Component Manufacturing
Assembly
End-User Market
Use Cases of Tapping Machines in Automotive Industry & Construction Sector
Recent Developments
Recent developments in tapping machines highlight rapid adoption of automation and Industry 4.0 integration, with manufacturers increasingly favoring CNC tapping machines and drilling and tapping systems for higher throughput and consistent thread quality. A key market trend is the shift toward energy-efficient machine tools that support green manufacturing goals, reducing operational costs and environmental impact. Demand growth in automotive and electronics production is driving investment in advanced tapping solutions, while modular, compact designs appeal to small and medium fabrication units seeking productivity gains.