Wood Lathe Industry Research Report 2023

Wood Lathe Industry Research Report 2023

A lathe is a machine tool which spins the workpiece to perform various operations such as cutting, sanding, knurling, drilling, or deformation with tools that are applied to the workpiece to create an object which has symmetry about an axis of rotation. Lathes perform the machining operation known as turning. While turning, material is removed from a work piece by rotating it against a tool. Turning is a central production operation in the manufacture of many metal, plastic and wood parts. Lathes can be either manually operated or computer controlled (CNC). Lathes can have many differences, unique features and accessories to facilitate a wide range of jobs.
The simplest lathe type is the wood lathe. As the name suggests, it is designed for turning wood. Wood lathes are small machines consisting of a bed, headstock, tailstock and tool rest. Unlike with what is found on a metal-working machine, there are no precision ways since the cutting tools are moved by hand and not by machine power. A steady hand and good skill is needed to control the cutting tool to accurately turn smooth curves and complex contours on the work piece. The spindle is driven by a belt connected to a motor, and speed differentiations are made by manually moving the belt to one of many pulleys mounted to the back of the spindle.
 Lathe tools are held by hand against the work, with the support of the tool rest. The tool rest is adjustable and is clamped to the bed at a position that best suites the operation at hand.
A wood lathe machine is a machine tool that fixes a workpiece on a rotating spindle, and is usually used for machining cylindrical workpieces. General wood lathes are equipped with various special tools, which can complete inner and outer circle processing, drilling, threading, cutting groove, end surface processing, outer circle, drilling center hole, turning hole, reaming hole, turning cone, turning forming surface, knurling, coiled spring and other processing procedures. Original source from https://www.stylecnc.com, if you want to copy, please indicate the primary source: https://www.stylecnc.com/blog/wood-lathe-machine-types.html
The Wood Lathe industry can be broken down into several segments, Mini Wood Lathe, Midi Wood Lathe, etc.
Across the world, the major players cover JPW Industries, Delta Machinery, RIKON Power Tools, etc.

Highlights

The global Wood Lathe market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2024 and 2029.
Global Wood Lathe key players include JPW Industries, Grizzly, Woodstock International, Axminster, Harvey Industries, etc. Global top 5 manufacturers hold a share over 20%.
North America is the largest market, with a share about 34%, followed by Asia-Pacific, has a share about 30 percent.
In terms of product, Midi Wood Lathe is the largest segment, with a share over 50%. And in terms of application, the largest application is Wood Processing Industry.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Wood Lathe, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wood Lathe.
The Wood Lathe market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Wood Lathe market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wood Lathe manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

JPW Industries
Delta Machinery
RIKON Power Tools
Laguna Tools
Teknatool International
WEN
Grizzly
Woodstock International
SCM Group
Robust Tools
Axminster
Carbatec
King Canada
Harvey Industries
Jai Industries
Binzhou COSEN CNC equipment
LingRui CNC

Product Type Insights

Global markets are presented by Wood Lathe type, along with growth forecasts through 2029. Estimates on production and value are based on the price in the supply chain at which the Wood Lathe are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029).
Wood Lathe segment by Type

Mini Wood Lathe
Midi Wood Lathe
Full Sized Wood Lathe

Application Insights

This report has provided the market size (production and revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029).
This report also outlines the market trends of each segment and consumer behaviors impacting the Wood Lathe market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Wood Lathe market.
Wood Lathe segment by Application

Wood Processing
Craft
Personal Use
Others

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2018-2029.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast value for 2029.

North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Wood Lathe market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Wood Lathe market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Wood Lathe and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Wood Lathe industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Wood Lathe.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Wood Lathe manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Wood Lathe by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Wood Lathe in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.

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