CNC Lathe and CNC Turning Center Market
CNC Lathe and CNC Turning Center Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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CNC Lathe and CNC Turning Center Market Size and Growth
The CNC lathe and turning center market is poised for significant growth, driven by increased automation and demand for precision manufacturing. The market size is projected to reach approximately $4.5 billion by 2026, reflecting a CAGR of 6.5% due to rising applications in aerospace, automotive, and medical sectors. Request Sample Report
Companies Covered (Covid 19 Impact Covered)
◍ DMG MORI SEIKI (JP)
◍ Shenyang Machine Tools (CN)
◍ EMAG Group (DE)
◍ INDEX and TRAUB (DE)
◍ Okuma (JP)
◍ Tongtai Machine & Tool (TW)
◍ Dalian Machine Tools Group (CN)
◍ Yamazaki Mazak Corporation (JP)
◍ Jinn Fa Machine (TW)
◍ Hardinge (US)
◍ AMADA MACHINE TOOLS (JP)
◍ Chien Yih Machinery (TW)
The CNC lathe and turning center market features companies like DMG MORI, Okuma, and Yamazaki Mazak, driving growth through innovation, advanced technology, and strategic partnerships. Major players boost market expansion by enhancing productivity and efficiency in manufacturing processes. Sales revenues include:
- DMG MORI: ~€2 billion
- Hardinge: ~$250 million
- Haas Automation: ~$1 billion
◍ Qinchuan Machine Tool & Tool Group (CN)
◍ WEILER (DE)
◍ Shun Chuan Machinery (TW)
◍ Colchester Harrsion (UK)
◍ Takisawa Machine (JP)
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◍ JARNG YEONG ENTERPRISE (TW)
Market Segmentation
By Application
Manufacturers
Automotive
Other
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By Product
Market Growth
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$ X Billion USD
