Market Overview:
The global metalworking 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 precision machining and automation across various industries. In addition, the growing demand for lightweight and fuel-efficient vehicles is also contributing to the growth of the metalworking lathes market. The center lathe segment is expected to hold a major share of the global metalworking lathes market during the forecast period. This can be attributed to its ability to machine large parts with high accuracy and precision.
Product Definition:
Metalworking lathes are machines that use rotary power to turn metal bars or tubes into finished parts. They come in a variety of sizes, and can be used for a variety of tasks, including cutting, drilling, and milling. Metalworking lathes are an important tool in any metalworking shop.
Center Lathe:
Center lathe is a type of lathe that has an ability to perform operations in the center of its turning spindle. The spindle can be moved in any direction and it's used for both cutting and drilling purposes. It's also known as dead center or live center depending upon if the tooling around the spindle is mounted or not respectively. Center Lathes are widely used by metalworking industries such as automotive, aerospace & defense, etc.
Engine Lathe:
The engine lathe is a type of metalworking machinery used to cut a wide range of materials such as metals, wood, plastic and soft material. The machine consists of several rotating parts including spindle, headstock with toolpost and tailstock. The spindle can be either manual or motor driven depending on the type of work required to be done by the machine.
Application Insights:
The mechanical application segment dominated the global metalworking lathes market in 2017, accounting for a share of over 40.0% and is expected to witness significant growth during the forecast period. The rising demand for precision mechanical components and devices in various industries including automotive, construction, medical and aerospace & defense is anticipated to drive product demand over the coming years.
In addition to mechanical applications, these machines are also used in several other industries including electronics where they are used to produce complex geometrical shapes with high accuracy along with complex surfaces such as circuit boards ornaments using photoresist techniques or high-temperature resistance coating processes. They are also used by optical industry for cutting optics components such as lenses, mirrors etc.
Regional Analysis:
Asia Pacific dominated the global metalworking lathes market in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand for metal working equipment from various end-use industries, such as automotive and aerospace. In addition, growing industrialization and rapid urbanization are also contributing towards increased demand for metal working machinery in this region.
The Asia Pacific is anticipated to be one of the most lucrative regions during the forecast period with China being a major contributor towards regional growth. Increasing investments by prominent players in developing countries such as India and Japan are projected to further fuel product demand during the estimated time frame.
Growth Factors:
- Increasing demand for metalworking lathes from the automotive and aerospace industries due to the growing need for precision machining.
- Rising demand for customized metalworking lathes from small- and medium-sized enterprises (SMEs) to cater to specific needs.
- Growing popularity of CNC technology in metalworking lathes that offers better accuracy and efficiency in manufacturing processes.
- Proliferation of online marketplaces that provide a platform for buyers and sellers of used metalworking lathes, thereby expanding the reach of this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Metalworking Lathes Market Research Report
By Type
Center Lathe, Engine Lathe, Bench Lathe
By Application
Automotive, Optical, Medical and Biotechnology, Mechanical, Electronics, Aerospace & Defense, Others
By Companies
Bolton Tools, Warco, Baileigh Industrial, JET Tools, Holzmann Maschinen, EMAG Group, Hardinge, Yamazaki Mazak, Shenyang Machine Tools, INDEX and TRAUB, Okuma
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Metalworking Lathes Market Report Segments:
The global Metalworking Lathes market is segmented on the basis of:
Types
Center Lathe, Engine Lathe, Bench 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
Automotive, Optical, Medical and Biotechnology, Mechanical, Electronics, Aerospace & Defense, Others
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:
- Bolton Tools
- Warco
- Baileigh Industrial
- JET Tools
- Holzmann Maschinen
- EMAG Group
- Hardinge
- Yamazaki Mazak
- Shenyang Machine Tools
- INDEX and TRAUB
- Okuma
Highlights of The Metalworking 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:
- Center Lathe
- Engine Lathe
- Bench Lathe
- By Application:
- Automotive
- Optical
- Medical and Biotechnology
- Mechanical
- Electronics
- Aerospace & Defense
- Others
- 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 Metalworking 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?
A metalworking lathe is a machine used for turning pieces of metal. It has a number of different parts, including the bed, headstock, tailstock, and tool post. The bed is where the piece of metal is placed and the headstock and tailstock are where the workpiece is turned. The tool post holds tools that are used to turn the workpiece.
Some of the major players in the metalworking lathes market are Bolton Tools, Warco, Baileigh Industrial, JET Tools, Holzmann Maschinen, EMAG Group, Hardinge, Yamazaki Mazak, Shenyang Machine Tools, INDEX and TRAUB, Okuma.
The metalworking lathes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metalworking Lathes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Metalworking Lathes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metalworking Lathes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Metalworking Lathes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Metalworking Lathes Market Size & Forecast, 2020-2028
4.5.1 Metalworking Lathes Market Size and Y-o-Y Growth
4.5.2 Metalworking Lathes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Center Lathe
5.2.2 Engine Lathe
5.2.3 Bench Lathe
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Optical
6.2.3 Medical and Biotechnology
6.2.4 Mechanical
6.2.5 Electronics
6.2.6 Aerospace & Defense
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metalworking Lathes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Metalworking Lathes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Center Lathe
9.6.2 Engine Lathe
9.6.3 Bench Lathe
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Optical
9.10.3 Medical and Biotechnology
9.10.4 Mechanical
9.10.5 Electronics
9.10.6 Aerospace & Defense
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Center Lathe
10.6.2 Engine Lathe
10.6.3 Bench Lathe
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Optical
10.10.3 Medical and Biotechnology
10.10.4 Mechanical
10.10.5 Electronics
10.10.6 Aerospace & Defense
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Center Lathe
11.6.2 Engine Lathe
11.6.3 Bench Lathe
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Optical
11.10.3 Medical and Biotechnology
11.10.4 Mechanical
11.10.5 Electronics
11.10.6 Aerospace & Defense
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Center Lathe
12.6.2 Engine Lathe
12.6.3 Bench Lathe
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Optical
12.10.3 Medical and Biotechnology
12.10.4 Mechanical
12.10.5 Electronics
12.10.6 Aerospace & Defense
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Center Lathe
13.6.2 Engine Lathe
13.6.3 Bench Lathe
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Optical
13.10.3 Medical and Biotechnology
13.10.4 Mechanical
13.10.5 Electronics
13.10.6 Aerospace & Defense
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Metalworking Lathes Market: Competitive Dashboard
14.2 Global Metalworking Lathes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bolton Tools
14.3.2 Warco
14.3.3 Baileigh Industrial
14.3.4 JET Tools
14.3.5 Holzmann Maschinen
14.3.6 EMAG Group
14.3.7 Hardinge
14.3.8 Yamazaki Mazak
14.3.9 Shenyang Machine Tools
14.3.10 INDEX and TRAUB
14.3.11 Okuma
