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report thumbnailLathe Machines Market

Lathe Machines Market Is Set To Reach USD billion  By 2033, Growing At A CAGR Of 20.3

Lathe Machines Market by Product (CNC, Conventional), by Application (Automotive, General Machinery, Precision Machinery, Transport Machinery, Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2026-2034

Feb 5 2025

Base Year: 2025

180 Pages

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Lathe Machines Market Is Set To Reach USD billion  By 2033, Growing At A CAGR Of 20.3

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Lathe Machines Market Is Set To Reach USD billion  By 2033, Growing At A CAGR Of 20.3


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Key Insights

The Lathe Machines Market size was valued at USD 25.01 USD billion in 2023 and is projected to reach USD 91.20 USD billion by 2032, exhibiting a CAGR of 20.3 % during the forecast period. A lathe machine is a multifactor tool used to manipulate the materials like wood, metal, and plastics in the machining procedures such cutting, drilling, and sanding. It is deployed in multiple sectors of industry, such as engineering, automobile, aviation and construction. Lathe machines offer a few types including engine lathes, turret lathes and CNC lathes depending on their cutting precision and the tasks being performed. Main constituents of a basic lathe machine are a bed, headstock, tailstock, carriage, and tool post. The future technologies in lathes are likely to include the use of automation as well as computerization, with the emergence of CNC (Computer Numerical Control) lathes that enhance accuracy, efficiency, and customization in the machining operations as such.

Lathe Machines Market Research Report - Market Overview and Key Insights

Lathe Machines Market Market Size (In Million)

20.0M
15.0M
10.0M
5.0M
0
12.50 M
2020
13.80 M
2021
15.20 M
2022
16.70 M
2023
18.30 M
2024
20.00 M
2025
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Lathe Machines Trends

  • Growing adoption of CNC lathes for enhanced efficiency and precision
  • Increasing automation and integration with advanced technologies like IoT and AI
  • Rising demand for compact and portable lathes for small-scale applications
  • Adoption of sustainable manufacturing practices to reduce environmental impact
Lathe Machines Market Market Size and Forecast (2024-2030)

Lathe Machines Market Company Market Share

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Driving Forces: What's Propelling the Lathe Machines Market

  • Surge in manufacturing activities in emerging economies, particularly in automotive and aerospace sectors
  • Government incentives and investments in advanced manufacturing technologies
  • Increasing preference for customized and complex machined components
  • Growing emphasis on quality and precision in end-use industries

Challenges and Restraints in Lathe Machines Market

  • High cost of CNC lathes and skilled labor
  • Intense competition from low-cost manufacturers in developing countries
  • Limited availability of raw materials and skilled technicians in some regions
  • Fluctuating prices of raw materials, such as steel and aluminum

Emerging Trends in Lathe Machines

  • Integration of additive manufacturing capabilities for hybrid machining
  • Development of multi-axis lathes for complex part production
  • Adoption of digital twin technology for predictive maintenance and process optimization
  • Growing focus on micro-machining for applications in medical and electronics industries

Growth Catalysts in Lathe Machines Industry

  • Government initiatives to promote automation and digitization in manufacturing
  • Technological advancements in cutting tools and materials
  • Increasing collaboration between manufacturers and research institutions
  • Emergence of new applications in industries such as renewable energy and medical devices

Market Segmentation: Lathe Machines Analysis

Product:

  • CNC Lathes
  • Conventional Lathes

Application:

  • Automotive
  • General Machinery
  • Precision Machinery
  • Transport Machinery
  • Others

Leading Players in the Lathe Machines Market

  • DMG Mori Co., Ltd. 
  • Dalian Machine Tool Corporation 
  • Okuma Corporation 
  • Doosan Machine Tools Co., Ltd. 
  • Haas Automation, Inc. 
  • Hardinge Inc. 
  • HMT Machine Tools Ltd. 
  • SMEC CO., LTD. (Samsung Machine Tools)
  • Yamazaki Mazak Corporation 
  • Ace Micromatic Group

Significant developments in Lathe Machines Sector

  • DMG Mori's acquisition of Mori Seiki to enhance its CNC lathe offerings
  • Doosan Machine Tools' expansion into the Indian market with a new manufacturing facility
  • Yamazaki Mazak's development of a new multi-axis lathe for complex machining operations

Comprehensive Coverage Lathe Machines Market Report

This report provides a comprehensive overview of the global lathe machines market, including detailed analysis by type, application, and region. It offers insights into market dynamics, growth drivers, and challenges. The report also includes profiles of leading market players and key industry developments.

Regional Insight

The global lathe machines market is segmented into four key regions: Asia-Pacific, North America, Europe, and the Rest of the World (RoW).

  • Asia-Pacific: The Asia-Pacific region is expected to dominate the lathe machines market throughout the forecast period. China, India, Japan, and South Korea are the major manufacturing hubs in the region, driving the demand for lathe machines. The region is also home to a large number of small and medium-sized enterprises (SMEs) that rely on lathe machines for their manufacturing operations.
  • North America: The North American region is expected to account for a significant share of the lathe machines market. The United States is the largest market for lathe machines in the region, followed by Canada and Mexico. The automotive, aerospace, and defense industries are the major drivers of the demand for lathe machines in North America.
  • Europe: The European region is expected to hold a strong share of the lathe machines market. Germany, the United Kingdom, France, and Italy are the major markets for lathe machines in the region. The automotive, manufacturing, and aerospace industries are the primary drivers of the demand for lathe machines in Europe.
  • Rest of the World (RoW): The RoW region includes Latin America, the Middle East and Africa, and emerging markets such as Southeast Asia. Latin America is expected to be the fastest-growing market for lathe machines in the RoW region, driven by the growing manufacturing sector in the region. The Middle East and Africa are also expected to experience significant growth in the lathe machines market, driven by government investments in infrastructure development projects.

Overall, the lathe machines market is expected to experience significant growth over the forecast period due to the rising demand from the automotive, manufacturing, and aerospace industries. The growing emphasis on precision machining and the adoption of advanced technologies are also expected to drive the growth of the market.

Lathe Machines Market Market Share by Region - Global Geographic Distribution

Lathe Machines Market Regional Market Share

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Geographic Coverage of Lathe Machines Market

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Lathe Machines Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2020-2034
Base Year 2025
Estimated Year 2026
Forecast Period2026-2034
Historical Period2020-2025
Growth RateCAGR of 20.3% from 2020-2034
Segmentation
    • By Product
      • CNC
      • Conventional
    • By Application
      • Automotive
      • General Machinery
      • Precision Machinery
      • Transport Machinery
      • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Benelux
      • Nordics
      • Rest of Europe
    • Middle East & Africa
      • Turkey
      • Israel
      • GCC
      • North Africa
      • South Africa
      • Rest of Middle East & Africa
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • ASEAN
      • Oceania
      • Rest of Asia Pacific

Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Rising Demand from the Automotive and Construction Sectors to Aid Market Growth
      • 3.3. Market Restrains
        • 3.3.1. The Change in International Policies is Expected to Impact the Market Growth
      • 3.4. Market Trends
        • 3.4.1 The increasing availability of connected logistics solutions equipped with a high level of interoperability
        • 3.4.2 security and accessibility features
        • 3.4.3 is fuelling the demand for these solutions. Additionally
        • 3.4.4 the need to lower down the cost associated with warehousing services and shipment are driving the growth of the market. The expanded market for intelligent transportation solutions is anticipated to accelerate the growth of the market.
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Lathe Machines Market Analysis, Insights and Forecast, 2020-2032
    • 5.1. Market Analysis, Insights and Forecast - by Product
      • 5.1.1. CNC
      • 5.1.2. Conventional
    • 5.2. Market Analysis, Insights and Forecast - by Application
      • 5.2.1. Automotive
      • 5.2.2. General Machinery
      • 5.2.3. Precision Machinery
      • 5.2.4. Transport Machinery
      • 5.2.5. Others
    • 5.3. Market Analysis, Insights and Forecast - by Region
      • 5.3.1. North America
      • 5.3.2. South America
      • 5.3.3. Europe
      • 5.3.4. Middle East & Africa
      • 5.3.5. Asia Pacific
  6. 6. North America Lathe Machines Market Analysis, Insights and Forecast, 2020-2032
    • 6.1. Market Analysis, Insights and Forecast - by Product
      • 6.1.1. CNC
      • 6.1.2. Conventional
    • 6.2. Market Analysis, Insights and Forecast - by Application
      • 6.2.1. Automotive
      • 6.2.2. General Machinery
      • 6.2.3. Precision Machinery
      • 6.2.4. Transport Machinery
      • 6.2.5. Others
  7. 7. South America Lathe Machines Market Analysis, Insights and Forecast, 2020-2032
    • 7.1. Market Analysis, Insights and Forecast - by Product
      • 7.1.1. CNC
      • 7.1.2. Conventional
    • 7.2. Market Analysis, Insights and Forecast - by Application
      • 7.2.1. Automotive
      • 7.2.2. General Machinery
      • 7.2.3. Precision Machinery
      • 7.2.4. Transport Machinery
      • 7.2.5. Others
  8. 8. Europe Lathe Machines Market Analysis, Insights and Forecast, 2020-2032
    • 8.1. Market Analysis, Insights and Forecast - by Product
      • 8.1.1. CNC
      • 8.1.2. Conventional
    • 8.2. Market Analysis, Insights and Forecast - by Application
      • 8.2.1. Automotive
      • 8.2.2. General Machinery
      • 8.2.3. Precision Machinery
      • 8.2.4. Transport Machinery
      • 8.2.5. Others
  9. 9. Middle East & Africa Lathe Machines Market Analysis, Insights and Forecast, 2020-2032
    • 9.1. Market Analysis, Insights and Forecast - by Product
      • 9.1.1. CNC
      • 9.1.2. Conventional
    • 9.2. Market Analysis, Insights and Forecast - by Application
      • 9.2.1. Automotive
      • 9.2.2. General Machinery
      • 9.2.3. Precision Machinery
      • 9.2.4. Transport Machinery
      • 9.2.5. Others
  10. 10. Asia Pacific Lathe Machines Market Analysis, Insights and Forecast, 2020-2032
    • 10.1. Market Analysis, Insights and Forecast - by Product
      • 10.1.1. CNC
      • 10.1.2. Conventional
    • 10.2. Market Analysis, Insights and Forecast - by Application
      • 10.2.1. Automotive
      • 10.2.2. General Machinery
      • 10.2.3. Precision Machinery
      • 10.2.4. Transport Machinery
      • 10.2.5. Others
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2025
      • 11.2. Company Profiles
        • 11.2.1 DMG Mori Co. Ltd.
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Dalian Machine Tool Corporation
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Okuma Corporation
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 Doosan Machine Tools Co. Ltd.
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Haas Automation Inc.
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Hardinge Inc.
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 HMT Machine Tools Ltd.
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Samsung Machine Tools
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Yamazaki Mazak Corporation
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Yamazaki Mazak Pvt. Ltd
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
        • 11.2.11 Ace Micromatic Group
          • 11.2.11.1. Overview
          • 11.2.11.2. Products
          • 11.2.11.3. SWOT Analysis
          • 11.2.11.4. Recent Developments
          • 11.2.11.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Global Lathe Machines Market Revenue Breakdown (USD billion, %) by Region 2025 & 2033
  2. Figure 2: Global Lathe Machines Market Volume Breakdown (Million Units, %) by Region 2025 & 2033
  3. Figure 3: North America Lathe Machines Market Revenue (USD billion), by Product 2025 & 2033
  4. Figure 4: North America Lathe Machines Market Volume (Million Units), by Product 2025 & 2033
  5. Figure 5: North America Lathe Machines Market Revenue Share (%), by Product 2025 & 2033
  6. Figure 6: North America Lathe Machines Market Volume Share (%), by Product 2025 & 2033
  7. Figure 7: North America Lathe Machines Market Revenue (USD billion), by Application 2025 & 2033
  8. Figure 8: North America Lathe Machines Market Volume (Million Units), by Application 2025 & 2033
  9. Figure 9: North America Lathe Machines Market Revenue Share (%), by Application 2025 & 2033
  10. Figure 10: North America Lathe Machines Market Volume Share (%), by Application 2025 & 2033
  11. Figure 11: North America Lathe Machines Market Revenue (USD billion), by Country 2025 & 2033
  12. Figure 12: North America Lathe Machines Market Volume (Million Units), by Country 2025 & 2033
  13. Figure 13: North America Lathe Machines Market Revenue Share (%), by Country 2025 & 2033
  14. Figure 14: North America Lathe Machines Market Volume Share (%), by Country 2025 & 2033
  15. Figure 15: South America Lathe Machines Market Revenue (USD billion), by Product 2025 & 2033
  16. Figure 16: South America Lathe Machines Market Volume (Million Units), by Product 2025 & 2033
  17. Figure 17: South America Lathe Machines Market Revenue Share (%), by Product 2025 & 2033
  18. Figure 18: South America Lathe Machines Market Volume Share (%), by Product 2025 & 2033
  19. Figure 19: South America Lathe Machines Market Revenue (USD billion), by Application 2025 & 2033
  20. Figure 20: South America Lathe Machines Market Volume (Million Units), by Application 2025 & 2033
  21. Figure 21: South America Lathe Machines Market Revenue Share (%), by Application 2025 & 2033
  22. Figure 22: South America Lathe Machines Market Volume Share (%), by Application 2025 & 2033
  23. Figure 23: South America Lathe Machines Market Revenue (USD billion), by Country 2025 & 2033
  24. Figure 24: South America Lathe Machines Market Volume (Million Units), by Country 2025 & 2033
  25. Figure 25: South America Lathe Machines Market Revenue Share (%), by Country 2025 & 2033
  26. Figure 26: South America Lathe Machines Market Volume Share (%), by Country 2025 & 2033
  27. Figure 27: Europe Lathe Machines Market Revenue (USD billion), by Product 2025 & 2033
  28. Figure 28: Europe Lathe Machines Market Volume (Million Units), by Product 2025 & 2033
  29. Figure 29: Europe Lathe Machines Market Revenue Share (%), by Product 2025 & 2033
  30. Figure 30: Europe Lathe Machines Market Volume Share (%), by Product 2025 & 2033
  31. Figure 31: Europe Lathe Machines Market Revenue (USD billion), by Application 2025 & 2033
  32. Figure 32: Europe Lathe Machines Market Volume (Million Units), by Application 2025 & 2033
  33. Figure 33: Europe Lathe Machines Market Revenue Share (%), by Application 2025 & 2033
  34. Figure 34: Europe Lathe Machines Market Volume Share (%), by Application 2025 & 2033
  35. Figure 35: Europe Lathe Machines Market Revenue (USD billion), by Country 2025 & 2033
  36. Figure 36: Europe Lathe Machines Market Volume (Million Units), by Country 2025 & 2033
  37. Figure 37: Europe Lathe Machines Market Revenue Share (%), by Country 2025 & 2033
  38. Figure 38: Europe Lathe Machines Market Volume Share (%), by Country 2025 & 2033
  39. Figure 39: Middle East & Africa Lathe Machines Market Revenue (USD billion), by Product 2025 & 2033
  40. Figure 40: Middle East & Africa Lathe Machines Market Volume (Million Units), by Product 2025 & 2033
  41. Figure 41: Middle East & Africa Lathe Machines Market Revenue Share (%), by Product 2025 & 2033
  42. Figure 42: Middle East & Africa Lathe Machines Market Volume Share (%), by Product 2025 & 2033
  43. Figure 43: Middle East & Africa Lathe Machines Market Revenue (USD billion), by Application 2025 & 2033
  44. Figure 44: Middle East & Africa Lathe Machines Market Volume (Million Units), by Application 2025 & 2033
  45. Figure 45: Middle East & Africa Lathe Machines Market Revenue Share (%), by Application 2025 & 2033
  46. Figure 46: Middle East & Africa Lathe Machines Market Volume Share (%), by Application 2025 & 2033
  47. Figure 47: Middle East & Africa Lathe Machines Market Revenue (USD billion), by Country 2025 & 2033
  48. Figure 48: Middle East & Africa Lathe Machines Market Volume (Million Units), by Country 2025 & 2033
  49. Figure 49: Middle East & Africa Lathe Machines Market Revenue Share (%), by Country 2025 & 2033
  50. Figure 50: Middle East & Africa Lathe Machines Market Volume Share (%), by Country 2025 & 2033
  51. Figure 51: Asia Pacific Lathe Machines Market Revenue (USD billion), by Product 2025 & 2033
  52. Figure 52: Asia Pacific Lathe Machines Market Volume (Million Units), by Product 2025 & 2033
  53. Figure 53: Asia Pacific Lathe Machines Market Revenue Share (%), by Product 2025 & 2033
  54. Figure 54: Asia Pacific Lathe Machines Market Volume Share (%), by Product 2025 & 2033
  55. Figure 55: Asia Pacific Lathe Machines Market Revenue (USD billion), by Application 2025 & 2033
  56. Figure 56: Asia Pacific Lathe Machines Market Volume (Million Units), by Application 2025 & 2033
  57. Figure 57: Asia Pacific Lathe Machines Market Revenue Share (%), by Application 2025 & 2033
  58. Figure 58: Asia Pacific Lathe Machines Market Volume Share (%), by Application 2025 & 2033
  59. Figure 59: Asia Pacific Lathe Machines Market Revenue (USD billion), by Country 2025 & 2033
  60. Figure 60: Asia Pacific Lathe Machines Market Volume (Million Units), by Country 2025 & 2033
  61. Figure 61: Asia Pacific Lathe Machines Market Revenue Share (%), by Country 2025 & 2033
  62. Figure 62: Asia Pacific Lathe Machines Market Volume Share (%), by Country 2025 & 2033

List of Tables

  1. Table 1: Global Lathe Machines Market Revenue USD billion Forecast, by Product 2020 & 2033
  2. Table 2: Global Lathe Machines Market Volume Million Units Forecast, by Product 2020 & 2033
  3. Table 3: Global Lathe Machines Market Revenue USD billion Forecast, by Application 2020 & 2033
  4. Table 4: Global Lathe Machines Market Volume Million Units Forecast, by Application 2020 & 2033
  5. Table 5: Global Lathe Machines Market Revenue USD billion Forecast, by Region 2020 & 2033
  6. Table 6: Global Lathe Machines Market Volume Million Units Forecast, by Region 2020 & 2033
  7. Table 7: Global Lathe Machines Market Revenue USD billion Forecast, by Product 2020 & 2033
  8. Table 8: Global Lathe Machines Market Volume Million Units Forecast, by Product 2020 & 2033
  9. Table 9: Global Lathe Machines Market Revenue USD billion Forecast, by Application 2020 & 2033
  10. Table 10: Global Lathe Machines Market Volume Million Units Forecast, by Application 2020 & 2033
  11. Table 11: Global Lathe Machines Market Revenue USD billion Forecast, by Country 2020 & 2033
  12. Table 12: Global Lathe Machines Market Volume Million Units Forecast, by Country 2020 & 2033
  13. Table 13: United States Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  14. Table 14: United States Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  15. Table 15: Canada Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  16. Table 16: Canada Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  17. Table 17: Mexico Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  18. Table 18: Mexico Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  19. Table 19: Global Lathe Machines Market Revenue USD billion Forecast, by Product 2020 & 2033
  20. Table 20: Global Lathe Machines Market Volume Million Units Forecast, by Product 2020 & 2033
  21. Table 21: Global Lathe Machines Market Revenue USD billion Forecast, by Application 2020 & 2033
  22. Table 22: Global Lathe Machines Market Volume Million Units Forecast, by Application 2020 & 2033
  23. Table 23: Global Lathe Machines Market Revenue USD billion Forecast, by Country 2020 & 2033
  24. Table 24: Global Lathe Machines Market Volume Million Units Forecast, by Country 2020 & 2033
  25. Table 25: Brazil Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  26. Table 26: Brazil Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  27. Table 27: Argentina Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  28. Table 28: Argentina Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  29. Table 29: Rest of South America Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  30. Table 30: Rest of South America Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  31. Table 31: Global Lathe Machines Market Revenue USD billion Forecast, by Product 2020 & 2033
  32. Table 32: Global Lathe Machines Market Volume Million Units Forecast, by Product 2020 & 2033
  33. Table 33: Global Lathe Machines Market Revenue USD billion Forecast, by Application 2020 & 2033
  34. Table 34: Global Lathe Machines Market Volume Million Units Forecast, by Application 2020 & 2033
  35. Table 35: Global Lathe Machines Market Revenue USD billion Forecast, by Country 2020 & 2033
  36. Table 36: Global Lathe Machines Market Volume Million Units Forecast, by Country 2020 & 2033
  37. Table 37: United Kingdom Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  38. Table 38: United Kingdom Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  39. Table 39: Germany Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  40. Table 40: Germany Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  41. Table 41: France Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  42. Table 42: France Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  43. Table 43: Italy Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  44. Table 44: Italy Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  45. Table 45: Spain Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  46. Table 46: Spain Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  47. Table 47: Russia Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  48. Table 48: Russia Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  49. Table 49: Benelux Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  50. Table 50: Benelux Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  51. Table 51: Nordics Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  52. Table 52: Nordics Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  53. Table 53: Rest of Europe Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  54. Table 54: Rest of Europe Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  55. Table 55: Global Lathe Machines Market Revenue USD billion Forecast, by Product 2020 & 2033
  56. Table 56: Global Lathe Machines Market Volume Million Units Forecast, by Product 2020 & 2033
  57. Table 57: Global Lathe Machines Market Revenue USD billion Forecast, by Application 2020 & 2033
  58. Table 58: Global Lathe Machines Market Volume Million Units Forecast, by Application 2020 & 2033
  59. Table 59: Global Lathe Machines Market Revenue USD billion Forecast, by Country 2020 & 2033
  60. Table 60: Global Lathe Machines Market Volume Million Units Forecast, by Country 2020 & 2033
  61. Table 61: Turkey Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  62. Table 62: Turkey Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  63. Table 63: Israel Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  64. Table 64: Israel Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  65. Table 65: GCC Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  66. Table 66: GCC Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  67. Table 67: North Africa Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  68. Table 68: North Africa Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  69. Table 69: South Africa Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  70. Table 70: South Africa Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  71. Table 71: Rest of Middle East & Africa Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  72. Table 72: Rest of Middle East & Africa Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  73. Table 73: Global Lathe Machines Market Revenue USD billion Forecast, by Product 2020 & 2033
  74. Table 74: Global Lathe Machines Market Volume Million Units Forecast, by Product 2020 & 2033
  75. Table 75: Global Lathe Machines Market Revenue USD billion Forecast, by Application 2020 & 2033
  76. Table 76: Global Lathe Machines Market Volume Million Units Forecast, by Application 2020 & 2033
  77. Table 77: Global Lathe Machines Market Revenue USD billion Forecast, by Country 2020 & 2033
  78. Table 78: Global Lathe Machines Market Volume Million Units Forecast, by Country 2020 & 2033
  79. Table 79: China Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  80. Table 80: China Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  81. Table 81: India Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  82. Table 82: India Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  83. Table 83: Japan Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  84. Table 84: Japan Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  85. Table 85: South Korea Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  86. Table 86: South Korea Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  87. Table 87: ASEAN Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  88. Table 88: ASEAN Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  89. Table 89: Oceania Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  90. Table 90: Oceania Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033
  91. Table 91: Rest of Asia Pacific Lathe Machines Market Revenue (USD billion) Forecast, by Application 2020 & 2033
  92. Table 92: Rest of Asia Pacific Lathe Machines Market Volume (Million Units) Forecast, by Application 2020 & 2033

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Lathe Machines Market?

The projected CAGR is approximately 20.3%.

2. Which companies are prominent players in the Lathe Machines Market?

Key companies in the market include DMG Mori Co., Ltd., Dalian Machine Tool Corporation, Okuma Corporation, Doosan Machine Tools Co., Ltd., Haas Automation, Inc., Hardinge Inc., HMT Machine Tools Ltd., Samsung Machine Tools, Yamazaki Mazak Corporation, Yamazaki Mazak Pvt. Ltd, Ace Micromatic Group.

3. What are the main segments of the Lathe Machines Market?

The market segments include Product, Application.

4. Can you provide details about the market size?

The market size is estimated to be USD 25.01 USD billion as of 2022.

5. What are some drivers contributing to market growth?

Rising Demand from the Automotive and Construction Sectors to Aid Market Growth.

6. What are the notable trends driving market growth?

The increasing availability of connected logistics solutions equipped with a high level of interoperability. security and accessibility features. is fuelling the demand for these solutions. Additionally. the need to lower down the cost associated with warehousing services and shipment are driving the growth of the market. The expanded market for intelligent transportation solutions is anticipated to accelerate the growth of the market..

7. Are there any restraints impacting market growth?

The Change in International Policies is Expected to Impact the Market Growth.

8. Can you provide examples of recent developments in the market?

N/A

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in USD billion and volume, measured in Million Units.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Lathe Machines Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Lathe Machines Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Lathe Machines Market?

To stay informed about further developments, trends, and reports in the Lathe Machines Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.