Lathe is a machine tool that is principally used for shaping articles of metal, wood, or other materials. It is one of the most important machine tools in the metal working industry and operates on the principle of a rotating workpiece and a fixed cutting tool.
In a lathe machine the cutting tool is feed into the workpiece that rotates about its own axis and causes the workpiece to be formed into the required shape. Some of the key components of a lathe machine include bed, carriage, headstock, and tailstock, feed rod, and lead screws.
The file offers market sizing and forecast throughout 5 primary currencies – USD, EUR GBP, JPY, and AUD. It helps corporation leaders make higher choices when foreign money change records are available with ease. In this report, the years 2020 and 2021 are regarded as historic years, 2020 as the base year, 2021 as the estimated year, and years from 2021 to 2030 are viewed as the forecast period.
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The global lathe machines market is segmented based on type, operation, end-user industries, and geography. Based on type, the lathes are classified into vertical and horizontal lathes. By mode of operation, the lathe machine market is segmented into conventional or manually operated type and CNC lathes. CNC lathes accounted for a dominant share in 2015 and are expected to maintain their position over the forecast period. CNC lathes help the end-user industries to meet the requirements of high production rates, uniformity, and consistent part quality.
The global lathe machines market based on end-user industries is categorized into automotive, general manufacturing, transportation, and others. The automotive industry accounted for a larger share of the market in 2015 and is projected to grow at a CAGR of 6.3% over the forecast period. The lathe machines market growth in the automotive industry is driven by the growing automotive production demand and the requirement of complex CNC machines due to toughness of materials, complex geometries, and tight tolerances that are required for manufacturing automotive parts.
Geographically, the lathe machines market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Australia, Japan, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
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Key players profiled in the report include Dalian Machine Tool Group Corporation, DMG Mori Co., Ltd, Doosan Machine Tools, Haas Automation Inc., Hardinge Inc., HMT Machine Tools, JTEJT Corporation, Okuma Corporation, Samsung Machine Tools, and Yamazaki Mazak Corporation.
This study provides an in-depth analysis of the global lathe machines market along with current trends and future estimations to identify the potential investment pockets for stakeholders. It presents information regarding key drivers, restraints, and opportunities along with their impact analysis. Porter’s Five Forces analytical model illustrates the competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, strength of the buyers, and strength of the suppliers. Quantitative analysis of the current market and estimations from 2014 to 2022 is provided to highlight the financial competency of the market.
Market Segment Analysis: The document provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, aggressive panorama evaluation, and key regions development reputation. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analysed. This file additionally states import/export consumption, supply and demand, charge, sales and gross margins.
The global lathe machines market is segmented on the basis of type, by operation, end-use industries, and geography.
Automotive General manufacturing Transportation Others
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North America U.S. Canada Mexico Europe UK Germany France Italy Rest of Europe Asia-Pacific China Australia Japan India Rest of Asia-Pacific LAMEA Middle East Latin America Africa
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
Major Points Covered in TOC:
Market Overview: It consists of six sections, research scope, extensive makers blanketed, marketplace fragments via type, Market place portions by utility, study desires, and years considered.
Market Landscape: Here, the opposition within the Worldwide Market is dissected, by fee, profits, offers, and piece of the pie by means of agency, marketplace fee, cutthroat situations Landscape, and maximum recent patterns, consolidation, improvement, obtaining, and portions of the general industry of pinnacle agencies.
Market Status and Outlook via Region: In this phase, the report examines approximately internet part, deals, earnings, advent, portion of the general industry, CAGR, and marketplace size by means of locale. Here, The Global Market is profoundly tested primarily based on regions and nations like North America, Europe, China, India, Japan, and the MEA.
Application or End User: This segment of the exploration looks at suggests how remarkable cease-consumer/software sections add to the worldwide market.
Market Forecast: Production Side: In this piece of the record, the creators have zeroed in on creation and advent esteem conjecture, key makers gauge, and creation and creation esteem estimate with the aid of type.
Research Findings and Conclusion: This is one of the last segments of the document where the discoveries of the investigators and the end of the exploration study are given.
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Characterize, depict and conjecture 2030, by type, application, end client and district.
Give venture outside climate examination and PESTEL investigation.
Give systems to organization to manage the effect of COVID-19.
Give market dynamic investigation, including market driving variables, market advancement requirements.
Give market passage technique examination to new players or players who are prepared to enter the market, including market section definition, client investigation, circulation model, item informing and situating, and cost system investigation.
Stay aware of global market drifts and give examination of the effect of the COVID-19 plague on significant districts of the world.
Examine the market chances of partners and give market pioneers subtleties of the serious scene.
The report conveys an exhaustive investigation of the relative multitude of portions and offers data with respect to the main districts on the lookout. This report additionally states import/send out utilization, organic market Figures, cost, industry share, strategy, value, income, and gross edges.
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