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Global lathe machines market size is expected to reach $13.41 Bn by 2028 at a rate of 2.9%, segmented as by type, vertical lathes, horizontal lathes<br>
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Lathe Machines Global Market Report 2024 Global Forecast 2024 – 2033 Market Size, Drivers, And Trends Top Market Research Firm 2023! We are honored to be listed as a top company at the forefront of research, by the Business Management Review
Lathe Machines Market Segments The Business Research Company segments the lathe machines market report as: Vertical Lathes, Horizontal Lathes By Type Conventional Lathes, CNC Lathes By Operation By Capacity Heavy Duty, Medium Duty, Low Duty By End User Industry Automotive, General Manufacturing, Transportation, Other End User Industries
Market Statistics The global Lathe Machines market size grew from $11.53 billion in 2023 to $11.93 billion in 2024 at a compound annual growth rate (CAGR) of 3.5%. The Lathe Machines market size is expected to grow to $13.41 billion in 2028 at a compound annual growth rate (CAGR) of 2.9%. $13.41 B $11.93 B $11.53 B Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The increasing demand for automobiles is expected to propel the growth of the lathe machine market going forward. Trends Major companies operating in the lathe machine market are focused on developing innovative products, such as automated lathes, to strengthen their position in the market. • Region Asia-Pacific was the largest region in the Lathe Machines market in 2023. The regions covered in the Lathe Machines market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Top Eleven Players In The Market • Major players in the market are: • Doosan Machine Tools Co. Ltd. • JTEKT Corporation • EMCO Corporation • DMG Mori Co. Ltd. • Yamazaki Mazak Corporation • Bolton Group • Okuma Corporation • Smec Co. Ltd. • Haas Automation Inc. • Hardinge Inc. • Hurco Companies Inc. Get More Information On The Market Report
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