Market Overview:
The global CNC precision automatic lathes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for CNC precision automatic lathes from various end-use industries, such as the shipping industry, automobile industry, and equipment manufacturing industry. Additionally, the growing demand for miniaturized parts and components is also fueling the growth of this market. However, factors such as high initial investment costs and lack of skilled labor are restraining the growth of this market. On basis on type, horizontal lathe held major share in global cnc precision automatic lathes market in 2017 and it is projected to grow at a significant rate over next few years owing to its ability produce large diameter workpieces with good accuracy & finish surface quality .
Product Definition:
CNC Precision Automatic Lathes are machines that use computer numerically controlled (CNC) programming to create parts with precision and accuracy. They are important because they allow for the creation of high-quality parts with little human error.
Horizontal Lathe:
Horizontal lathe is a tool that is used to cut a wide range of materials such as metals, wood, and plastic. It can be used for both rough cutting and finish cutting depending on the material being processed. The machine consists of rotating headstock (mounted on vertical shaft) with multiple tools mounted in it which are referred to as spindles or collets.
Vertical Lathe:
Vertical lathe is a tool that is used to cut a cylindrical surface. It consists of two or more rotating parts, which are mounted on an axis and can be moved up and down by means of handwheel orNC program control. The workpiece usually rotates between the stationary part and the spindle (the vertical).
Application Insights:
The shipping industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for steel vessels, containers, and other cargo from various industries across the globe. Vertical and horizontal automatic lathes are used for manufacturing marine engines, propellers, cranes bodies & boom systems as well as shipbuilding components such as masts & booms.
Automobile manufacturers are increasingly using 3D-printed parts to reduce production costs while simultaneously improving overall vehicle design flexibility. In order to manufacture these parts efficiently using CNC machines instead of traditional machining methods such as drilling or milling; a high level of accuracy is required during machine setup time which could potentially slow down production speed considerably when compared with conventional manual techniques involving saws or routers only.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for automatic lathes from various end-use industries such as shipping, automotive, and manufacturing. China is one of the largest markets for NC programmable precision tools in Asia Pacific due to low production cost coupled with easy availability of skilled labor.
The European market held a significant share in terms of revenue owing to presence of prominent manufacturers such as Zortech Machine Tools GmbH, Okuma Corporation, Mori Seiki Co., Ltd., and others. These companies are focusing on product innovation by introducing advanced Lathe robots that help machines do more work with less human intervention or supervision thus reducing setup time significantly. This factor is expected to drive regional growth over the forecast period.
Growth Factors:
- Increasing demand for CNC precision automatic lathes from the automotive and aerospace industries due to the need for high accuracy and precision in manufacturing parts.
- Growing demand for CNC precision automatic lathes from small- and medium-sized businesses due to the lower cost of ownership and ease of use compared to manual machines.
- Advances in technology that have led to the development of new applications for CNC precision automatic lathes, such as 3D printing and additive manufacturing.
- The increasing popularity of DIY projects and home improvement initiatives that has led to a rise in demand for smaller, more affordable CNC machines that can be used by hobbyists and DIY enthusiasts.
- The growing trend towards automation in manufacturing processes that is leading more businesses to invest in CNC precision automatic lathes as a way to improve efficiency and reduce costs
Scope Of The Report
Report Attributes
Report Details
Report Title
CNC Precision Automatic Lathes Market Research Report
By Type
Horizontal Lathe, Vertical Lathe
By Application
Shipping Industry, Automobile Industry, Equipment Manufacturing Industry, Other
By Companies
Tsugami Precision Engineering India, Ningbo Rally Industry, Ge Fong Machinery, Frejoth International, Nakamura-Tome Precision Industry, CHEVALIER - Falcon Machine Tools, Citizen Machinery Miyano, CMZ, Carl Benzinger GmbH, Breton, Benign Enterprise, Kent Industrial, Nanjing Jianke Machinery, JINN FA Machine, MYLAS, Shenzhen Sowin Precision Machine Tool, Shandong Hunk Precision Machinery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global CNC Precision Automatic Lathes Market Report Segments:
The global CNC Precision Automatic Lathes market is segmented on the basis of:
Types
Horizontal Lathe, Vertical Lathe
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Shipping Industry, Automobile Industry, Equipment Manufacturing Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tsugami Precision Engineering India
- Ningbo Rally Industry
- Ge Fong Machinery
- Frejoth International
- Nakamura-Tome Precision Industry
- CHEVALIER - Falcon Machine Tools
- Citizen Machinery Miyano
- CMZ
- Carl Benzinger GmbH
- Breton
- Benign Enterprise
- Kent Industrial
- Nanjing Jianke Machinery
- JINN FA Machine
- MYLAS
- Shenzhen Sowin Precision Machine Tool
- Shandong Hunk Precision Machinery
Highlights of The CNC Precision Automatic Lathes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Horizontal Lathe
- Vertical Lathe
- By Application:
- Shipping Industry
- Automobile Industry
- Equipment Manufacturing Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CNC Precision Automatic Lathes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
CNC Precision Automatic Lathes are high-precision machines that can produce extremely accurate parts. They are used in a variety of industries, including aerospace, automotive, and medical equipment.
Some of the major companies in the cnc precision automatic lathes market are Tsugami Precision Engineering India, Ningbo Rally Industry, Ge Fong Machinery, Frejoth International, Nakamura-Tome Precision Industry, CHEVALIER - Falcon Machine Tools, Citizen Machinery Miyano, CMZ, Carl Benzinger GmbH, Breton, Benign Enterprise, Kent Industrial, Nanjing Jianke Machinery, JINN FA Machine, MYLAS, Shenzhen Sowin Precision Machine Tool, Shandong Hunk Precision Machinery.
The cnc precision automatic lathes market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. CNC Precision Automatic Lathes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. CNC Precision Automatic Lathes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. CNC Precision Automatic Lathes Market - Supply Chain
4.5. Global CNC Precision Automatic Lathes Market Forecast
4.5.1. CNC Precision Automatic Lathes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. CNC Precision Automatic Lathes Market Size (000 Units) and Y-o-Y Growth
4.5.3. CNC Precision Automatic Lathes Market Absolute $ Opportunity
5. Global CNC Precision Automatic Lathes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. CNC Precision Automatic Lathes Market Size and Volume Forecast by Type
5.3.1. Horizontal Lathe
5.3.2. Vertical Lathe
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global CNC Precision Automatic Lathes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. CNC Precision Automatic Lathes Market Size and Volume Forecast by Application
6.3.1. Shipping Industry
6.3.2. Automobile Industry
6.3.3. Equipment Manufacturing Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global CNC Precision Automatic Lathes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. CNC Precision Automatic Lathes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global CNC Precision Automatic Lathes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. CNC Precision Automatic Lathes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global CNC Precision Automatic Lathes Demand Share Forecast, 2019-2026
9. North America CNC Precision Automatic Lathes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America CNC Precision Automatic Lathes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America CNC Precision Automatic Lathes Market Size and Volume Forecast by Application
9.4.1. Shipping Industry
9.4.2. Automobile Industry
9.4.3. Equipment Manufacturing Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America CNC Precision Automatic Lathes Market Size and Volume Forecast by Type
9.7.1. Horizontal Lathe
9.7.2. Vertical Lathe
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America CNC Precision Automatic Lathes Demand Share Forecast, 2019-2026
10. Latin America CNC Precision Automatic Lathes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America CNC Precision Automatic Lathes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America CNC Precision Automatic Lathes Market Size and Volume Forecast by Application
10.4.1. Shipping Industry
10.4.2. Automobile Industry
10.4.3. Equipment Manufacturing Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America CNC Precision Automatic Lathes Market Size and Volume Forecast by Type
10.7.1. Horizontal Lathe
10.7.2. Vertical Lathe
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America CNC Precision Automatic Lathes Demand Share Forecast, 2019-2026
11. Europe CNC Precision Automatic Lathes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe CNC Precision Automatic Lathes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe CNC Precision Automatic Lathes Market Size and Volume Forecast by Application
11.4.1. Shipping Industry
11.4.2. Automobile Industry
11.4.3. Equipment Manufacturing Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe CNC Precision Automatic Lathes Market Size and Volume Forecast by Type
11.7.1. Horizontal Lathe
11.7.2. Vertical Lathe
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe CNC Precision Automatic Lathes Demand Share, 2019-2026
12. Asia Pacific CNC Precision Automatic Lathes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific CNC Precision Automatic Lathes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific CNC Precision Automatic Lathes Market Size and Volume Forecast by Application
12.4.1. Shipping Industry
12.4.2. Automobile Industry
12.4.3. Equipment Manufacturing Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific CNC Precision Automatic Lathes Market Size and Volume Forecast by Type
12.7.1. Horizontal Lathe
12.7.2. Vertical Lathe
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific CNC Precision Automatic Lathes Demand Share, 2019-2026
13. Middle East & Africa CNC Precision Automatic Lathes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa CNC Precision Automatic Lathes Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa CNC Precision Automatic Lathes Market Size and Volume Forecast by Application
13.4.1. Shipping Industry
13.4.2. Automobile Industry
13.4.3. Equipment Manufacturing Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa CNC Precision Automatic Lathes Market Size and Volume Forecast by Type
13.7.1. Horizontal Lathe
13.7.2. Vertical Lathe
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa CNC Precision Automatic Lathes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global CNC Precision Automatic Lathes Market: Market Share Analysis
14.2. CNC Precision Automatic Lathes Distributors and Customers
14.3. CNC Precision Automatic Lathes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tsugami Precision Engineering India
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ningbo Rally Industry
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ge Fong Machinery
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Frejoth International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nakamura-Tome Precision Industry
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CHEVALIER - Falcon Machine Tools
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Citizen Machinery Miyano
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CMZ
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Carl Benzinger GmbH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Breton
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Benign Enterprise
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kent Industrial
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nanjing Jianke Machinery
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. JINN FA Machine
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. MYLAS
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shenzhen Sowin Precision Machine Tool
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Shandong Hunk Precision Machinery
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
