The 2023-2028 World Outlook for Conventional Lathe Machines

The 2023-2028 World Outlook for Conventional Lathe Machines

This study covers the world outlook for conventional lathe machines across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

In this report we define the sales of conventional lathe machines as including all commonly understood products and/or services falling within this broad category, such as hydraulic fracturing and cementing pressure pumping services, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include Ace Micromatic Group, Ajax Machine Tools International, Amera-Seiki, American Machine Tools, Batliboi, Bolton Group, Carl Benzinger, Chiah Chyun Machinery Company, Citizen Machinery Company, Clausing Industrial, Dalian Machine Tool Group, DMG MORI, Doosan MACHINE TOOLS Company, EMAG GmbH & Company, EMCO, Fadal Engineering, Feeler (FAIR FRIEND GROUP), Fryer Machine Systems, Goodway Machine, Haas Automation, Hangzhou Datian CNC Machine Tool Company, Hardinge, Hasegawa Machine Works, Heavy Engineering Corporation, Hitachi Seiki Europe, HMT Machine Tools, Hurco Companies, Huron Graffenstaden, HYUNDAI WIA Machine Tools, Intelitek, JARNG YEONG Enterprise Company, Jinn Fa Machine Industrial Company, JTEKT Toyoda Americas, Jyoti CNC Automation, Kent Industrial, Leadwell CNC Machines Mfg, Methods Machine Tools, Milacron Holdings, Milltronics, Monarch Lathes, Murata Machinery, Nakamura-Tome Precision Industry Company, Okuma, O-M, Prompt Integrated Technology, Samsung Machine Tools HQ, Strojimport, Tsugami, Victor Machinery Solutions, Yama Seiki, and Yeong Chin Machinery Industries Company. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).