Lathe Machines Market

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Lathe Machines

Market

Opportunity Analysis and Industry Forecast, 2016-2023

Global Opportunity Analysis and

Industry Forecast,

2014-2022


Introduction

• Global lathe machines market is projected to grow at a CAGR of 2.6% and is

forecast to reach $12,012 million by 2022

• The Automotive segment is expected to dominate the end-user sector in the

global lathe machines market from 2015 to 2022

• CNC lathe machines market is expected to grow at a CAGR of 3.4% during

the forecast period

• The horizontal lathes segment was the most dominant type in 2015, and is

estimated to grow at the highest rate during the forecast period

• Asia-Pacific dominated with 43.8% of the global lathe machines market

share in 2015


Key Factors of the Market

Lathe machines are one of the most important machine tools used in the

metal-working industry and are considered as powerful metal shaping

machine tools

• The global lathe machines market is largely driven by the growing

automotive production demand, high demanding end-user industries,

growing dominance of CNC lathes, and increasing need for smart and

sustainable manufacturing

• The demand for these machines has increased considerably over the years

owing to their ability to deform metal for a wide range of materials and

constant advancements in technology

• CNC lathes accounted for a dominant share in 2015 and are expected to

maintain their position over the forecast period


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Key Benefits of the Market

• CNC lathe machines market accounted for $8,121 million in 2015, and is

expected to grow at a CAGR of 3.4% during the forecast period

Lathe machines market for general machinery industry is expected to

grow at a CAGR of 2.8%

• Horizontal lathe machines market was valued at $8,367 million in 2015

• Asia-Pacific is expected to be the fastest growing regional market, with a

CAGR of 3.2%


Market Segmentation

By Type

• Vertical lathes

• Horizontal lathes

By Operation

• Conventional lathes

• CNC lathes

By End-user

• Automotive

• General manufacturing

• Transportation

• Others

By Geography

• North America

• Europe

• Asia-Pacific

• LAMEA


Key Players of the Market

• Dalian Machine Tool Corporation

• DMG Mori Co., Ltd

• Doosan Machine Tools

• Haas Automotive Inc.

• Hardinge, Inc.

• HMT Machine Tools

• JTEKT Corporation

• Okuma Corporation

• Samsung Machine Tools

• Yamazaki Mazak Corporation

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