Lathe Machines Market

Lathe Machines
Market
Opportunity Analysis and Industry Forecast, 2016-2023
Global Opportunity Analysis and
Industry Forecast,
2014-2022

Introduction
• Global lathe machines market is projected to grow at a CAGR of 2.6% and is
forecast to reach $12,012 million by 2022
• The Automotive segment is expected to dominate the end-user sector in the
global lathe machines market from 2015 to 2022
• CNC lathe machines market is expected to grow at a CAGR of 3.4% during
the forecast period
• The horizontal lathes segment was the most dominant type in 2015, and is
estimated to grow at the highest rate during the forecast period
• Asia-Pacific dominated with 43.8% of the global lathe machines market
share in 2015

Key Factors of the Market
• Lathe machines are one of the most important machine tools used in the
metal-working industry and are considered as powerful metal shaping
machine tools
• The global lathe machines market is largely driven by the growing
automotive production demand, high demanding end-user industries,
growing dominance of CNC lathes, and increasing need for smart and
sustainable manufacturing
• The demand for these machines has increased considerably over the years
owing to their ability to deform metal for a wide range of materials and
constant advancements in technology
• CNC lathes accounted for a dominant share in 2015 and are expected to
maintain their position over the forecast period

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Key Benefits of the Market
• CNC lathe machines market accounted for $8,121 million in 2015, and is
expected to grow at a CAGR of 3.4% during the forecast period
• Lathe machines market for general machinery industry is expected to
grow at a CAGR of 2.8%
• Horizontal lathe machines market was valued at $8,367 million in 2015
• Asia-Pacific is expected to be the fastest growing regional market, with a
CAGR of 3.2%

Market Segmentation
By Type
• Vertical lathes
• Horizontal lathes
By Operation
• Conventional lathes
• CNC lathes
By End-user
• Automotive
• General manufacturing
• Transportation
• Others
By Geography
• North America
• Europe
• Asia-Pacific
• LAMEA

Key Players of the Market
• Dalian Machine Tool Corporation
• DMG Mori Co., Ltd
• Doosan Machine Tools
• Haas Automotive Inc.
• Hardinge, Inc.
• HMT Machine Tools
• JTEKT Corporation
• Okuma Corporation
• Samsung Machine Tools
• Yamazaki Mazak Corporation
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