The Lathe market is a subset of the Machine Tools industry, which encompasses a wide range of tools used for machining operations. Lathes are used to shape and cut materials such as metal, wood, and plastic. They are used in a variety of industries, including automotive, aerospace, and medical. Lathes are available in a variety of sizes and configurations, from small benchtop models to large industrial models. They can be used for a variety of operations, including turning, drilling, boring, and threading. Lathes are typically powered by electric motors, although some models are powered by hydraulic or pneumatic systems. They are typically operated by a computer numerical control (CNC) system, which allows for precise control of the cutting process. The Lathe market is highly competitive, with a number of manufacturers offering a wide range of products. Some of the major players in the market include Haas Automation, DMG Mori, Okuma, Mazak, and Doosan Machine Tools. Show Less Read more
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