Global CNC Lathes Market Growth 2023-2029

Global CNC Lathes Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “CNC Lathes Industry Forecast” looks at past sales and reviews total world CNC Lathes sales in 2022, providing a comprehensive analysis by region and market sector of projected CNC Lathes sales for 2023 through 2029. With CNC Lathes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CNC Lathes industry.

This Insight Report provides a comprehensive analysis of the global CNC Lathes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on CNC Lathes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global CNC Lathes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CNC Lathes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CNC Lathes.

The global CNC Lathes market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for CNC Lathes is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for CNC Lathes is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for CNC Lathes is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key CNC Lathes players cover Doosan, Haas Automation, Inc, Hurco, Okuma, Hardinge Group, Intelitek, Milltronics USA, Mazak and EMAG GmbH & Co. KG, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of CNC Lathes market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Vertical
Horizontal

Segmentation by application
Automotive
Optical
Medical and Biotechnology
Mechanical
Electronics
Aerospace & Defense
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Doosan
Haas Automation, Inc
Hurco
Okuma
Hardinge Group
Intelitek
Milltronics USA
Mazak
EMAG GmbH & Co. KG
ToYoda
DMC by Heartland

Key Questions Addressed in this Report

What is the 10-year outlook for the global CNC Lathes market?

What factors are driving CNC Lathes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do CNC Lathes market opportunities vary by end market size?

How does CNC Lathes break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.