Lathes used in turning centers operate by rotating the material rapidly on a spindle. While the material is turning, a cutting tool is used to shape the piece into its desired form. CNC lathes are ideal for manufacturing symmetrical objects that have conical, spherical or cylindrical shapes.
This report contains market size and forecasts of CNC Lathes in global, including the following market information:
Global CNC Lathes Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global CNC Lathes Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five CNC Lathes companies in 2021 (%)
The global CNC Lathes market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Vertical Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of CNC Lathes include Doosan, Haas Automation, Inc, Hurco, Okuma, Hardinge Group, Intelitek, Milltronics USA, Mazak and EMAG GmbH & Co. KG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the CNC Lathes manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global CNC Lathes Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CNC Lathes Market Segment Percentages, by Type, 2021 (%)
Vertical
Horizontal
Global CNC Lathes Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CNC Lathes Market Segment Percentages, by Application, 2021 (%)
Automotive
Optical
Medical and Biotechnology
Mechanical
Electronics
Aerospace & Defense
Others
Global CNC Lathes Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CNC Lathes Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies CNC Lathes revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies CNC Lathes revenues share in global market, 2021 (%)
Key companies CNC Lathes sales in global market, 2017-2022 (Estimated), (K Units)
Key companies CNC Lathes sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Doosan
Haas Automation, Inc
Hurco
Okuma
Hardinge Group
Intelitek
Milltronics USA
Mazak
EMAG GmbH & Co. KG
ToYoda
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