Quick Summary:
In the rapidly evolving Lathe Machines market, insightful and concise information is vital for strategic decision-making. The global market forecast to grow to a size of US$15.4 Billion by 2030, a careful analysis of market trends, key players, and upcoming technologies becomes urgently necessary for businesses looking to maintain a competitive edge. Our comprehensive report provides in-depth research in this area, enabling operators in the industry to make data-backed decisions.
Our Global Lathe Machines Market report also extends detailed regional analysis, with a keen focus on emerging markets such as China, estimated to grow at a CAGR of 4.6% by 2030. It further provides exclusive insights into key competitors, their market share, and geographic presence. Additionally, subscribers will have exclusive access to our digital archives and a complimentary year-long update service. Stay ahead of the curve with our comprehensive market research report.
Global Lathe Machines Market to Reach $15.4 Billion by 2030
The global market for Lathe Machines estimated at US$12.1 Billion in the year 2022, is projected to reach a revised size of US$15.4 Billion by 2030, growing at a CAGR of 3.1% over the analysis period 2022-2030. CNC, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$10.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Conventional segment is readjusted to a revised 2.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 4.6% CAGR
The Lathe Machines market in the U.S. is estimated at US$3.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2030 trailing a CAGR of 4.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 2.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.Select Competitors (Total 43 Featured) -
- Ace Micromatic Group
- Ajax Machine Tools International Ltd.
- Amera-Seiki
- American Machine Tools Corp.
- Batliboi Ltd.
- Bolton Group
- Carl Benzinger GmbH
- Chiah Chyun Machinery Co., Ltd.
- Citizen Machinery Co., Ltd.
- Clausing Industrial, Inc.
- Dalian Machine Tool Group Corporation
- DMG Mori AG
- Doosan Machine Tools Co., Ltd.
- EMAG GmbH & Co. KG
- EMCO GmbH
- Fadal Engineering, Inc.
- Feeler (FAIR FRIEND GROUP)
- Fryer Machine Systems, Inc.
- Goodway Machine Corporation
- Haas Automation, Inc.
- Hangzhou Datian CNC Machine Tool Co., Ltd.
- Hardinge, Inc.
- Hasegawa Machine Works Ltd.
- Heavy Engineering Corporation Ltd.
- Hitachi Seiki Europe GmbH
- HMT Machine Tools Limited
- Hurco Companies, Inc.
- Huron Graffenstaden SAS
- HYUNDAI WIA Machine Tools
- Intelitek Inc.
- JARNG YEONG ENTERPRISE CO., LTD.
- Jinn Fa Machine industrial Co., Ltd.
- JTEKT Toyoda Americas Corporation
- Jyoti CNC Automation Ltd.
- Kent Industrial USA, Inc.
- Leadwell CNC Machines Mfg Corporation
- Methods Machine Tools Inc.
- Milacron Holdings Corp.
- Milltronics USA, Inc.
- Monarch Lathes
- Murata Machinery Ltd.
- Nakamura-Tome Precision Industry Co., Ltd.
- Okuma Corporation
- O-M Ltd.
- Prompt Integrated Technology Ltd.
- Samsung Machine Tools HQ
- Strojimport A.S.
- Tsugami Corporation
- Victor Machinery Solutions Inc.
- Yama Seiki USA, Inc.
- Yamazaki Mazak Corporation
- Yeong Chin Machinery Industries Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Lathe Machines?
What is the growth rate of the Global Market for Lathe Machines?
What is the forecasted size of the Global Market for Lathe Machines?
Who are the key companies in the Global Market for Lathe Machines?
Report Attribute | Details |
---|---|
No. of Pages | 293 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 12.1 Billion |
Forecasted Market Value ( USD | $ 15.4 Billion |
Compound Annual Growth Rate | 3.1% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Ace Micromatic Group
- Ajax Machine Tools International Ltd.
- Amera-Seiki
- American Machine Tools Corp.
- Batliboi Ltd.
- Bolton Group
- Carl Benzinger GmbH
- Chiah Chyun Machinery Co., Ltd.
- Citizen Machinery Co., Ltd.
- Clausing Industrial, Inc.
- Dalian Machine Tool Group Corporation
- DMG Mori AG
- Doosan Machine Tools Co., Ltd.
- EMAG GmbH & Co. KG
- EMCO GmbH
- Fadal Engineering, Inc.
- Feeler (FAIR FRIEND GROUP)
- Fryer Machine Systems, Inc.
- Goodway Machine Corporation
- Haas Automation, Inc.
- Hangzhou Datian CNC Machine Tool Co., Ltd.
- Hardinge, Inc.
- Hasegawa Machine Works Ltd.
- Heavy Engineering Corporation Ltd.
- Hitachi Seiki Europe GmbH
- HMT Machine Tools Limited
- Hurco Companies, Inc.
- Huron Graffenstaden SAS
- HYUNDAI WIA Machine Tools
- Intelitek Inc.
- JARNG YEONG ENTERPRISE CO., LTD.
- Jinn Fa Machine industrial Co., Ltd.
- JTEKT Toyoda Americas Corporation
- Jyoti CNC Automation Ltd.
- Kent Industrial USA, Inc.
- Leadwell CNC Machines Mfg Corporation
- Methods Machine Tools Inc.
- Milacron Holdings Corp.
- Milltronics USA, Inc.
- Monarch Lathes
- Murata Machinery Ltd.
- Nakamura-Tome Precision Industry Co., Ltd.
- Okuma Corporation
- O-M Ltd.
- Prompt Integrated Technology Ltd.
- Samsung Machine Tools HQ
- Strojimport A.S.
- Tsugami Corporation
- Victor Machinery Solutions Inc.
- Yama Seiki USA, Inc.
- Yamazaki Mazak Corporation
- Yeong Chin Machinery Industries Co., Ltd.