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.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 293 |
Published | April 2024 |
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 |