Market Overview:
The global surfacing lathe 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 surfacing lathes from various end-use industries, such as the shipping industry, automobile industry, and equipment manufacturing industry. In addition, the growing demand for precision machining across different regions is also contributing to the growth of this market. Based on type, the global surfacing lathe market can be segmented into conjoined surfacing lathe and fission surfacing lathe. The conjoined surfacing lathe segment is expected to hold a larger share of this market during the forecast period owing to its high accuracy and precision in machining operations. Based on application, this market can be divided into four segments: shipping industry, automobile industry, equipment manufacturing industry, and other applications.
Product Definition:
A lathe is a machine tool that rotates a workpiece about an axis of rotation to perform various operations such as cutting, sanding, knurling, drilling, or deformation with tools that are applied to the workpiece. The Surfacing Lathe is used for shaping and smoothing metal surfaces. It produces a smooth finish on metal parts by rotating them against a grinding wheel.
Conjoined Surfacing Lathe:
Conjoined surface lathe is a machine tool that consists of two rotating surfaces, usually mounted on a single spindle. The working parts are generally located in the same space and are joined by a common shaft or by means of an independent bar. These machines have several advantages over conventional surface grinders; they can handle materials with complex contours and produce high-quality surfaces, especially when used for turning or facing workpieces with large radii.
Fission Surfacing Lathe:
Fission surface lathe is a kind of high speed rotating tool that is used to cut or shape metal. It has different kinds of cutting tools like spindle nose, bowl, and round nose. The spindle nose cuts the material while the bowl shaped tool cuts away from the center while round shaped tool shapes material into an arc.
Application Insights:
The equipment manufacturing industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The rising demand for metal cutting machines from various industries including mining, construction, automotive, etc. is projected to drive product demand over the forecast period.
Surfacing lathes are used across multiple applications in shipping industry such as box making and assembly of boxes with lids & sides made up of different materials such as wood, plastic composite materials & aluminum; they are also used for producing customized products that meet specific requirements from customers which include wooden cases with glass panels on both sides and a handle on each side; these types of custom-made products can be easily manufactured using a joining technique known as surfacing which results in high production efficiency along with improved aesthetics.
Regional Analysis:
Asia Pacific dominated the global surface-engineering machinery market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from countries such as China, India, Japan, South Korea and Taiwan. These countries are involved in extensive modernization activities which include construction of new buildings/infrastructures and manufacturing equipment for various industries including shipping industry, automotive industry etc. This has led to an increase in demand for high precision engineering machines with low vibration level that consume less power.
The North America regional market captured a revenue share of over 15% in 2016 owing to presence of prominent players such as Komatsu Ltd., Hyundai Heavy Industries Co., Ltd., Doosan Heavy Industries Co., Ltd.; Kistler Instrumente AG; JCB Inc.; Caterpillar Inc.; Cummins Inc.
Growth Factors:
- Increasing demand for high-quality and precision Surfacing Lathe from end-use industries.
- Rising demand for Surfacing Lathe in the automotive sector due to increasing production of passenger cars and commercial vehicles.
- Growing demand for Surfacing Lathe in the aerospace industry due to increasing number of aircraft orders worldwide.
- Increasing penetration of Surfacing Lathe in small-scale industries owing to its low cost and easy operability.
- Technological advancements leading to development of new and advancedSurfacingLathes that offer better performance, higher accuracy, and increased efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Surfacing Lathe Market Research Report
By Type
Conjoined Surfacing Lathe, Fission Surfacing Lathe
By Application
Shipping Industry, Automobile Industry, Equipment Manufacturing Industry, Other
By Companies
600 Group, Accuway Machinery, Haas Automation, Hardinge Bridgeport, KAAST Machine Tools, DMG MORI, echoENG, EMAG GmbH & Co. KG, FAIR FRIEND, Frejoth International, 600 Group, Nakamura-Tome Precision Industry, TAIWAN MACHINE TOOL, CITIZEN MACHINERY MIYANO, CMZ, Colchester-Harrison, Atrump Machinery, Bardons & Oliver, Benign Enterprise
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Surfacing Lathe Market Report Segments:
The global Surfacing Lathe market is segmented on the basis of:
Types
Conjoined Surfacing Lathe, Fission Surfacing 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:
- 600 Group
- Accuway Machinery
- Haas Automation
- Hardinge Bridgeport
- KAAST Machine Tools
- DMG MORI
- echoENG
- EMAG GmbH & Co. KG
- FAIR FRIEND
- Frejoth International
- 600 Group
- Nakamura-Tome Precision Industry
- TAIWAN MACHINE TOOL
- CITIZEN MACHINERY MIYANO
- CMZ
- Colchester-Harrison
- Atrump Machinery
- Bardons & Oliver
- Benign Enterprise
Highlights of The Surfacing Lathe 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:
- Conjoined Surfacing Lathe
- Fission Surfacing 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 Surfacing Lathe 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
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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?
Surfacing Lathe is a type of lathe that is used to produce surfaced parts. It has a rotating head with several cutting surfaces that are used to create the desired shape on the workpiece.
Some of the major companies in the surfacing lathe market are 600 Group, Accuway Machinery, Haas Automation, Hardinge Bridgeport, KAAST Machine Tools, DMG MORI, echoENG, EMAG GmbH & Co. KG, FAIR FRIEND, Frejoth International, 600 Group, Nakamura-Tome Precision Industry, TAIWAN MACHINE TOOL, CITIZEN MACHINERY MIYANO, CMZ, Colchester-Harrison, Atrump Machinery, Bardons & Oliver, Benign Enterprise.
The surfacing lathe 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 Surfacing Lathe 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 Surfacing Lathe Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surfacing Lathe 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 Surfacing Lathe 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 Surfacing Lathe Market Size & Forecast, 2018-2028
4.5.1 Surfacing Lathe Market Size and Y-o-Y Growth
4.5.2 Surfacing Lathe Market Absolute $ Opportunity
Chapter 5 Global Surfacing Lathe 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 Surfacing Lathe Market Size Forecast by Type
5.2.1 Conjoined Surfacing Lathe
5.2.2 Fission Surfacing Lathe
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Surfacing Lathe 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 Surfacing Lathe Market Size Forecast by Applications
6.2.1 Shipping Industry
6.2.2 Automobile Industry
6.2.3 Equipment Manufacturing Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surfacing Lathe 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 Surfacing Lathe 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 Surfacing Lathe Analysis and Forecast
9.1 Introduction
9.2 North America Surfacing Lathe 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 Surfacing Lathe Market Size Forecast by Type
9.6.1 Conjoined Surfacing Lathe
9.6.2 Fission Surfacing 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 Surfacing Lathe Market Size Forecast by Applications
9.10.1 Shipping Industry
9.10.2 Automobile Industry
9.10.3 Equipment Manufacturing Industry
9.10.4 Other
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 Surfacing Lathe Analysis and Forecast
10.1 Introduction
10.2 Europe Surfacing Lathe 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 Surfacing Lathe Market Size Forecast by Type
10.6.1 Conjoined Surfacing Lathe
10.6.2 Fission Surfacing 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 Surfacing Lathe Market Size Forecast by Applications
10.10.1 Shipping Industry
10.10.2 Automobile Industry
10.10.3 Equipment Manufacturing Industry
10.10.4 Other
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 Surfacing Lathe Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Surfacing Lathe 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 Surfacing Lathe Market Size Forecast by Type
11.6.1 Conjoined Surfacing Lathe
11.6.2 Fission Surfacing 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 Surfacing Lathe Market Size Forecast by Applications
11.10.1 Shipping Industry
11.10.2 Automobile Industry
11.10.3 Equipment Manufacturing Industry
11.10.4 Other
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 Surfacing Lathe Analysis and Forecast
12.1 Introduction
12.2 Latin America Surfacing Lathe 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 Surfacing Lathe Market Size Forecast by Type
12.6.1 Conjoined Surfacing Lathe
12.6.2 Fission Surfacing 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 Surfacing Lathe Market Size Forecast by Applications
12.10.1 Shipping Industry
12.10.2 Automobile Industry
12.10.3 Equipment Manufacturing Industry
12.10.4 Other
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) Surfacing Lathe Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Surfacing Lathe 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) Surfacing Lathe Market Size Forecast by Type
13.6.1 Conjoined Surfacing Lathe
13.6.2 Fission Surfacing 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) Surfacing Lathe Market Size Forecast by Applications
13.10.1 Shipping Industry
13.10.2 Automobile Industry
13.10.3 Equipment Manufacturing Industry
13.10.4 Other
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 Surfacing Lathe Market: Competitive Dashboard
14.2 Global Surfacing Lathe Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 600 Group
14.3.2 Accuway Machinery
14.3.3 Haas Automation
14.3.4 Hardinge Bridgeport
14.3.5 KAAST Machine Tools
14.3.6 DMG MORI
14.3.7 echoENG
14.3.8 EMAG GmbH & Co. KG
14.3.9 FAIR FRIEND
14.3.10 Frejoth International
14.3.11 600 Group
14.3.12 Nakamura-Tome Precision Industry
14.3.13 TAIWAN MACHINE TOOL
14.3.14 CITIZEN MACHINERY MIYANO
14.3.15 CMZ
14.3.16 Colchester-Harrison
14.3.17 Atrump Machinery
14.3.18 Bardons & Oliver
14.3.19 Benign Enterprise
