Published by Wanda Rich
Posted on September 6, 2021
The new report by EMR titled, ‘Global Lathe Machine Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global lathe machine market, assessing the market based on its segments like type, machine type, capacity, operation, end uses and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/lathe-machines-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
The demand for lathe machines is driven by the expanding manufacturing and automotive sector. In terms of end use, the automotive sector is leading the market with a significant share of 43% based on current market trends. The rise of IoT and its application is a crucial driver of the market. The key players in this market are focusing on the development of more energy efficient lathe machines. As the demand for precision large-scale manufacturing is on the rise, demand for the CNC lathe machines is the major driving factor for this market. Factors such as growing industries in the emerging economies are expected to push the market growth further in the forecast period.
Industry Definition and Major Segments
Lathe is a machine tool that is principally used for shaping articles of metal, wood, or other materials. Lathe machines are one of the most important machine tools used in the metal working industry. Lathes are considered as powerful metal shaping machine tools. Lathe machine plays a significant role in the metal-working sector. Lathe machines have widespread applications including sanding, knurling, cutting, and drilling.
Explore full report with table of contents: https://www.expertmarketresearch.com/reports/lathe-machines-market
On the basis of type, the industry is divided into:
In terms of capacity, market can be segmented into:
Based on machine type, the industry can be divided into:
The market is segmented on the basis of operation into:
On the basis of end uses, the market is segmented into:
The regional markets for the product include:
Market Trends
The global market for lathe machines is driven by the increased demand for mass production in reduced time frames. The market is aided by the growth of Industry 4.0 and the demand for IoT for smart manufacturing. The rise in demand of machines from various other sectors such as food processing, construction, packaging is another driving factor for the market. Complex part manufacturing from aerospace industry and military sector is expected to drive the precision machinery segment, a niche part of the lathe machine market. Initiatives such as “Made in China 2025” are expected to augment the market for lathe machine and manufacturing industries in emerging economies in the forecast period. Furthermore, the increasing popularity of CNC (Computer Numerical Control) lathes is resulting in the rise of lathe machines market revenue. This is attributed to the increasing number of automation industries.
Key Market Players
SMEC CO. LTD, Haas Automation Inc, Okuma Corporation, Accurate Machine Tools, and EMAG GmbH & Co. KG, among others are the key players in the global lathe machine market. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: EMR Inc.
Contact Person:-Ian Bell, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
Read More: https://expertmarketresearch-emr.blogspot.com/
**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Explore more on Procurement Intelligence services of EMR Inc.
The new report by EMR titled, ‘Global Lathe Machine Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global lathe machine market, assessing the market based on its segments like type, machine type, capacity, operation, end uses and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/lathe-machines-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
The demand for lathe machines is driven by the expanding manufacturing and automotive sector. In terms of end use, the automotive sector is leading the market with a significant share of 43% based on current market trends. The rise of IoT and its application is a crucial driver of the market. The key players in this market are focusing on the development of more energy efficient lathe machines. As the demand for precision large-scale manufacturing is on the rise, demand for the CNC lathe machines is the major driving factor for this market. Factors such as growing industries in the emerging economies are expected to push the market growth further in the forecast period.
Industry Definition and Major Segments
Lathe is a machine tool that is principally used for shaping articles of metal, wood, or other materials. Lathe machines are one of the most important machine tools used in the metal working industry. Lathes are considered as powerful metal shaping machine tools. Lathe machine plays a significant role in the metal-working sector. Lathe machines have widespread applications including sanding, knurling, cutting, and drilling.
Explore full report with table of contents: https://www.expertmarketresearch.com/reports/lathe-machines-market
On the basis of type, the industry is divided into:
In terms of capacity, market can be segmented into:
Based on machine type, the industry can be divided into:
The market is segmented on the basis of operation into:
On the basis of end uses, the market is segmented into:
The regional markets for the product include:
Market Trends
The global market for lathe machines is driven by the increased demand for mass production in reduced time frames. The market is aided by the growth of Industry 4.0 and the demand for IoT for smart manufacturing. The rise in demand of machines from various other sectors such as food processing, construction, packaging is another driving factor for the market. Complex part manufacturing from aerospace industry and military sector is expected to drive the precision machinery segment, a niche part of the lathe machine market. Initiatives such as “Made in China 2025” are expected to augment the market for lathe machine and manufacturing industries in emerging economies in the forecast period. Furthermore, the increasing popularity of CNC (Computer Numerical Control) lathes is resulting in the rise of lathe machines market revenue. This is attributed to the increasing number of automation industries.
Key Market Players
SMEC CO. LTD, Haas Automation Inc, Okuma Corporation, Accurate Machine Tools, and EMAG GmbH & Co. KG, among others are the key players in the global lathe machine market. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Centrifugal Blower Market: https://www.expertmarketresearch.com/reports/centrifugal-blower-market
Slitting Machines Market: https://www.expertmarketresearch.com/reports/slitting-machines-market
Industrial Vending Machine Market: https://www.expertmarketresearch.com/reports/industrial-vending-machine-market
Feed Mixers Market: https://www.expertmarketresearch.com/reports/feed-mixers-market
Metal Forming Machine Tools Market: https://www.expertmarketresearch.com/reports/metal-forming-machine-tools-market
Escalators and Elevators Market: https://www.expertmarketresearch.com/reports/escalators-and-elevators-market
Metal Cutting Tools Market: https://www.expertmarketresearch.com/reports/metal-cutting-tools-market
Industrial Sewing Machines Market: https://www.expertmarketresearch.com/reports/industrial-sewing-machines-market
Injection Moulding Machine Market: https://www.expertmarketresearch.com/reports/injection-moulding-machine-market
Pressure Washer Market: https://www.expertmarketresearch.com/reports/pressure-washer-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: EMR Inc.
Contact Person:-Ian Bell, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
Read More: https://expertmarketresearch-emr.blogspot.com/
**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Explore more on Procurement Intelligence services of EMR Inc.
