What is the size of the global lathe machines market?

The global lathe machines market size is USD 24.9 billion in 2020 and is anticipated to reach USD 31.5 billion by 2027, registering a CAGR of 4.0% during the forecast period.

What is the lathe machines market growth?

The global lathe machines market size register a CAGR of 4.0% during the forecast period.

Which type held the largest share in the lathe machines market?

Horizontal lathes type were the highest contributor to the lathe machines market in 2020, with a market share of 85.1%.

Which region accounted for the largest lathe machines market share?

Asia Pacific dominated the lathe machines market and accounted for the largest revenue share of over 43.8% in 2020. The region is projected to observe the fastest growth in terms of revenue during the forecast period.

Who are the key players in the lathe machines market?

The leading manufacturers of lathe machines in the global market include Dalian Machine Tool Group Corporation, Doosan Machine Tools, Haas Automation Inc., DMG Mori Co., Ltd, Hardinge Inc., JTEJT Corporation, Okuma, HMT Machine Tools, Samsung Machine Tools, and Yamazaki Mazak Corporation.

What are the factors driving the lathe machines market?

Key factors that are driving the lathe machines market growth include growth in consumer disposable income, booming automotive industry, spiraling aerospace industry, and increased dominance of CNC lathes are some of the factors that will increase the demand for lathe machines during the forecast period.

What is the size of the global lathe machines market?

The global lathe machines market size is USD 24.9 billion in 2020 and is anticipated to reach USD 31.5 billion by 2027, registering a CAGR of 4.0% during the forecast period.

What is the lathe machines market growth?

The global lathe machines market size register a CAGR of 4.0% during the forecast period.

Which type held the largest share in the lathe machines market?

Horizontal lathes type were the highest contributor to the lathe machines market in 2020, with a market share of 85.1%.

Which region accounted for the largest lathe machines market share?

Asia Pacific dominated the lathe machines market and accounted for the largest revenue share of over 43.8% in 2020. The region is projected to observe the fastest growth in terms of revenue during the forecast period.

Who are the key players in the lathe machines market?

The leading manufacturers of lathe machines in the global market include Dalian Machine Tool Group Corporation, Doosan Machine Tools, Haas Automation Inc., DMG Mori Co., Ltd, Hardinge Inc., JTEJT Corporation, Okuma, HMT Machine Tools, Samsung Machine Tools, and Yamazaki Mazak Corporation.

What are the factors driving the lathe machines market?

Key factors driving the lathe machines market growth include growth in consumer disposable income, booming automotive industry, spiraling aerospace industry, and increased dominance of CNC lathes are some of the factors that will increase the demand for lathe machines during the forecast period.

Lathe Machines Market 2021

Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2027

Lathe Machines Market by Type (Vertical lathes and Horizontal lathes), by Operation (Conventional lathes and CNC lathes), by End-Users (Automotive, General Manufacturing, Transportation and Others), by Region – Global Share and Forecast to 2027

Region: Global | Format: Word, PPT, Excel | Report Status: Published

Lathe Machines Market

Lathe Machines Market 2021

Lathe Machines Market by Type (Vertical lathes and Horizontal lathes), by Operation (Conventional lathes and CNC lathes), by End-Users (Automotive, General Manufacturing, Transportation and Others), by Region – Global Share and Forecast to 2027

Lathe Machines Market by Type (Vertical lathes and Horizontal lathes), by Operation (Conventional lathes and CNC lathes), by End-Users (Automotive, General Manufacturing, Transportation and Others), by Region – Global Share and Forecast to 2027

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