Market Overview:
The global single spindle 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 single spindle lathes from various industries, such as the metal removal industry, fabricating metals industry, and electrical discharge machining (EDM) industry. In addition, the other industries segment is also expected to contribute significantly to the growth of this market during the forecast period. North America is expected to lead the global single spindle lathe market in terms of revenue during 2018-2030.
Product Definition:
A single spindle lathe is a machine tool that rotates a workpiece around a fixed axis to perform various operations such as cutting, sanding, or drilling. The importance of single spindle lathes is that they are able to produce high-quality parts with precision and accuracy.
Vertical CNC Lathes:
Vertical CNC lathes are used to perform multiple operations at the same time, which include turning, drilling, facing and reaming. It is also known as multi-axis or simultaneous vertical machining center because of its ability to perform four different machining operations in a sequence. Vertical cnc lathe consists of spindle mounted with motors that can turn either clockwise or anticlockwise by using programmed micro steps.
Horizontal CNC Lathes:
Horizontal CNC lathes are used to cut the workpiece by moving the tool post and rotary table in a horizontal position. The vertical spindle is fixed in one place, while the other end of the machine is free to move up & down and left & right as per requirement. Horizontal CNC lathes can be used for turning, drilling, facing or reaming among others like operations depending on application requirements.
Application Insights:
The industries for removing metal application segment led the global single spindle lathe market in 2017. This was attributed to the increasing demand for high precision components and machinery, particularly in automotive and construction industries. The electrical discharge machining (EDM) industry is anticipated to grow at a significant rate over the forecast period owing to its ability to produce highly complex parts with sharp edges, which are difficult or impossible to achieve using other technologies such as conventional CNC machines.
Single spindle lathes can be used for various applications including; industrial machinery & equipment removers, metal cutting tools manufacturing, plastic cutting tools manufacturing and others such as stone breaking machine tool manufacturers among others.
Regional Analysis:
Asia Pacific dominated the global single spindle lathe market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for metal cutting machines from various end-use industries, such as automotive, aerospace and defense, marine and others. In addition, rising investments by OEMs for producing high value precision parts are anticipated to drive regional product demand over the forecast period.
The growing manufacturing sector in emerging economies of Asia Pacific including China and India is also contributing significantly towards industry growth. Furthermore, rapid industrialization coupled with favorable government policies aimed at promoting domestic manufacturing activities has resulted in increased production volumes across numerous industries thereby driving product demand across this region.
Growth Factors:
- Increasing demand for single spindle lathes from the automotive and aerospace industries due to their ability to produce high precision parts quickly and efficiently.
- Growing popularity of single spindle lathes among small- and medium-sized businesses due to their low cost of ownership and ease of use.
- Advances in machine tool technology that have led to the development of more sophisticated single spindle lathes with greater accuracy and flexibility.
- The increasing use of computer numerical control (CNC) technology in manufacturing which has made single spindle lathes more versatile and efficient than ever before.
- The globalization of business operations which has led to an increased demand for high quality, precision parts manufactured quickly and at a lower cost
Scope Of The Report
Report Attributes
Report Details
Report Title
Single Spindle Lathe Market Research Report
By Type
Vertical CNC Lathes, Horizontal CNC Lathes
By Application
Industries for Removing Metal, Industries for Fabricating Metals, Electrical Discharge Machining (EDM) Industry, Other Industries
By Companies
LICO MACHINERY, Shimada Machinery, Tornos SA, Perfect Machine Tools, FUJI MACHINE
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 Single Spindle Lathe Market Report Segments:
The global Single Spindle Lathe market is segmented on the basis of:
Types
Vertical CNC Lathes, Horizontal CNC Lathes
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
Industries for Removing Metal, Industries for Fabricating Metals, Electrical Discharge Machining (EDM) Industry, Other Industries
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:
- LICO MACHINERY
- Shimada Machinery
- Tornos SA
- Perfect Machine Tools
- FUJI MACHINE
Highlights of The Single Spindle 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:
- Vertical CNC Lathes
- Horizontal CNC Lathes
- By Application:
- Industries for Removing Metal
- Industries for Fabricating Metals
- Electrical Discharge Machining (EDM) Industry
- Other Industries
- 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 Single Spindle 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
- 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 single spindle lathe is a type of machine that is used to turn pieces of wood or other materials. It has one spindle, which is the main rotating component. This allows the user to make very precise turns without having to move the entire machine.
Some of the key players operating in the single spindle lathe market are LICO MACHINERY, Shimada Machinery, Tornos SA, Perfect Machine Tools, FUJI MACHINE.
The single spindle lathe market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Single Spindle Lathe 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. Single Spindle Lathe Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Single Spindle Lathe Market - Supply Chain
4.5. Global Single Spindle Lathe Market Forecast
4.5.1. Single Spindle Lathe Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Single Spindle Lathe Market Size (000 Units) and Y-o-Y Growth
4.5.3. Single Spindle Lathe Market Absolute $ Opportunity
5. Global Single Spindle Lathe 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. Single Spindle Lathe Market Size and Volume Forecast by Type
5.3.1. Vertical CNC Lathes
5.3.2. Horizontal CNC Lathes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Single Spindle Lathe 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. Single Spindle Lathe Market Size and Volume Forecast by Application
6.3.1. Industries for Removing Metal
6.3.2. Industries for Fabricating Metals
6.3.3. Electrical Discharge Machining (EDM) Industry
6.3.4. Other Industries
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Single Spindle Lathe 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. Single Spindle Lathe 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 Single Spindle Lathe 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. Single Spindle Lathe 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 Single Spindle Lathe Demand Share Forecast, 2019-2026
9. North America Single Spindle Lathe 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 Single Spindle Lathe 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 Single Spindle Lathe Market Size and Volume Forecast by Application
9.4.1. Industries for Removing Metal
9.4.2. Industries for Fabricating Metals
9.4.3. Electrical Discharge Machining (EDM) Industry
9.4.4. Other Industries
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Single Spindle Lathe Market Size and Volume Forecast by Type
9.7.1. Vertical CNC Lathes
9.7.2. Horizontal CNC Lathes
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 Single Spindle Lathe Demand Share Forecast, 2019-2026
10. Latin America Single Spindle Lathe 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 Single Spindle Lathe 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 Single Spindle Lathe Market Size and Volume Forecast by Application
10.4.1. Industries for Removing Metal
10.4.2. Industries for Fabricating Metals
10.4.3. Electrical Discharge Machining (EDM) Industry
10.4.4. Other Industries
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Single Spindle Lathe Market Size and Volume Forecast by Type
10.7.1. Vertical CNC Lathes
10.7.2. Horizontal CNC Lathes
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 Single Spindle Lathe Demand Share Forecast, 2019-2026
11. Europe Single Spindle Lathe 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 Single Spindle Lathe 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 Single Spindle Lathe Market Size and Volume Forecast by Application
11.4.1. Industries for Removing Metal
11.4.2. Industries for Fabricating Metals
11.4.3. Electrical Discharge Machining (EDM) Industry
11.4.4. Other Industries
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Single Spindle Lathe Market Size and Volume Forecast by Type
11.7.1. Vertical CNC Lathes
11.7.2. Horizontl CNC Lathes
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 Single Spindle Lathe Demand Share, 2019-2026
12. Asia Pacific Single Spindle Lathe 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 Single Spindle Lathe 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 Single Spindle Lathe Market Size and Volume Forecast by Application
12.4.1. Industries for Removing Metal
12.4.2. Industries for Fabricating Metals
12.4.3. Electrical Discharge Machining (EDM) Industry
12.4.4. Other Industries
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Single Spindle Lathe Market Size and Volume Forecast by Type
12.7.1. Vertical CNC Lathes
12.7.2. Horizontal CNC Lathes
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 Single Spindle Lathe Demand Share, 2019-2026
13. Middle East & Africa Single Spindle Lathe 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 Single Spindle Lathe 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 Single Spindle Lathe Market Size and Volume Forecast by Application
13.4.1. Industries for Removing Metal
13.4.2. Industries for Fabricating Metals
13.4.3. Electrical Discharge Machining (EDM) Industry
13.4.4. Other Industries
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Single Spindle Lathe Market Size and Volume Forecast by Type
13.7.1. Vertical CNC Lathes
13.7.2. Horizontal CNC Lathes
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 Single Spindle Lathe Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Single Spindle Lathe Market: Market Share Analysis
14.2. Single Spindle Lathe Distributors and Customers
14.3. Single Spindle Lathe Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LICO MACHINERY
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shimada Machinery
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tornos SA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Perfect Machine Tools
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. FUJI MACHINE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
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
