Lathe Machine Market
Lathe Machine Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
Request Sample Report
Lathe Machine Market Size and Growth
The lathe machine market is witnessing growth driven by advancements in automation and precision engineering. As of 2023, the market size is estimated to reach approximately $3 billion, reflecting a compound annual growth rate of around 5%. Trends indicate increasing demand across various industries, including automotive and aerospace, enhancing market potential.
Companies Covered
(Covid 19 Impact Covered)
◍ DMTG
◍ DMG Mori
◍ Yamazaki Mazak
◍ Okuma
◍ Samsung Machine Tools
◍ Strojimport
◍ Hurco
◍ JTEKT Toyoda Americas
◍ Ajax Machine Tools
◍ Haas Automation
◍ HMT Machine Tools
◍ American Machine Tools
◍ Heavy Engineering
◍ Doosan Machine Tools
◍ Hangzhou Datian CNC Machine Tool
◍ Ace Micromatic
◍ Batliboi
The Lathe Machine Market features key players like DMTG, DMG Mori, and Yamazaki Mazak, driving innovation and expanding offerings. Companies enhance market growth through advanced technology, diverse applications, and strategic expansions. Notable sales revenues include Haas Automation ($1 billion) and DMG Mori ($3.1 billion), fueling competitive dynamics and market growth.
Request Sample Report
◍ Nakamura-Tome Precision Industry
Market Segmentation
By Application
Automotive
General machinery
Request Sample Report
By Product
Vertical lathes
Horizontal lathes
Market Growth
Request Sample Report
$ X Billion USD
