Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global Lathe Machines Market Research and Forecast Report 2022-2027 Author: Elena Anderson, Marketing Manager | IMARC Group© 2019 IMARC All Rights Reserved
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Global Lathe Machines Market Research Report:
According to the latest report by IMARC Group, titled “ Lathe Machines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 20222027 ” the global lathe machines market reached a strong growth in 2021. Lathe machines are the machines that are utilized to shape wood, metal, and other materials into desired sizes and shapes. They comprise of the leg, bed, chuck, headstock, tailstock, carriage, saddle, cross-slide, apron, compound rest, tool post feed rod, lead screw, and the main spindle. Lathe machines operate on the rotating workpiece principle and use fixed cutting tools for facing, centering, chamfering, drilling, boring, reaming, tapping, knurling, thread cutting, and parting off operations. Consequently, they find widespread applications in woodturning, thermal spraying, glass working, parts reclamation, metal spinning, etc.
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Moreover, the inflating demand for fuel-efficient automobiles that offer advanced safety features is propelling the adoption of lathe machines for producing various parts of the vehicles. This, in turn, is also positively influencing the global market. In addition to this, the advent of Industry 4.0 and the increasing integration of the Internet of Things (IoT) technologies are anticipated to stimulate the lathe machines market over the forecasted period. Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).
Global Lathe Machines Market Trends :
The emerging trends of industrial automation and precision manufacturing are primarily driving the lathe machines market. Besides this, the growing product usage in manufacturing medical implants and equipment, on account of its high speed, accuracy, reduced operating costs, etc., is further catalyzing the market growth.
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Report Description Report Description and Highlights Market BreakupSummary:byType: • Vertical Lathes • Horizontal Lathes Breakup by Operation: • Conventional Lathes • CNC Lathes Breakup by Capacity: • Heavy Duty • Medium Duty • Low Duty Breakup by End User: • Automotive • General Manufacturing • Transportation • Others
Report Description Report Description and Highlights Breakup by Region: • North America • United States • Canada • Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe•Germany•France•UnitedKingdom•Italy•Spain•Russia
Report Description Report Description and Highlights • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa Note: We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report.
Competitive Landscape with Key Players: Doosan Machine Tools Co. Ltd. EMAG GmbH & Co. KG Fair Friend Group Haas Automation Inc. Hardinge Inc. HMT Machine Tools Limited (HMT Limited) Hurco Companies Inc. JTEKT MacpowerCorporationCNCMachines Limited Mazak OkumaCorporationCorporation • SMEC CO. LTD. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/lathe-machines-market Report Description Report Description and Highlights
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Report Description Report Description and Highlights © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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