The global turret lathe market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for machining services in various industries such as machinery & equipment, automotive, medical devices and aerospace & defense. The increasing demand for machining services in these industries has led to an increase in the number of companies offering turret lathes as a service or product.
- The increasing demand for precision machined parts in the automotive industry is driving the growth of the turret lathe market.
- The increasing demand for high-precision and complex parts in various industries such as aerospace, medical, and defense is also driving the growth of this market.
- The growing need to reduce lead times and increase production efficiency is also a factor that will drive this market's growth over the forecast period.
- Increasing investments by key players in research and development activities will also fuel this market's growth over the forecast period.
- Increasing adoption of automation technologies across various industries will be another factor that will drive this market's growth over the forecast period.
Industry Growth Insights published a new data on “Turret Lathe Market”. The research report is titled “Turret Lathe Market research by Types (Manual, Semi-automatic, Automatic, CNC), By Applications (Machinery & Equipment, Automotive, Medical Devices, Aerospace & Defense, Others), By Players/Companies CITIZEN MACHINERY MIYANO CO.,LTD, CMZ, DMG MORI, INDEX-Werke, Nakamura-Tome Precision Industry, Star Micronics Machine Tools, SHYE TOWEN MACHINERY CO., LTD, Victor Taichung Machinery Works, CNC-TAKANG CO., LTD, CHIAH CHYUN MACHINERY CO., LTD., PO LY GIM MACHINERY CO., LTD, ACCUWAY MACHINERY CO., LTD, Taiwan Jinn Fa Machine industrial Co., Ltd, YOU JI MACHINE INDUSTRIAL CO., LTD, LICO MACHINERY CO., LTD, Myday Machinery Inc, JARNG YEONG ENTERPRISE CO., LTD., Belmont Machinery Company”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Turret Lathe Market Research Report
By Type
Manual, Semi-automatic, Automatic, CNC
By Application
Machinery & Equipment, Automotive, Medical Devices, Aerospace & Defense, Others
By Companies
CITIZEN MACHINERY MIYANO CO.,LTD, CMZ, DMG MORI, INDEX-Werke, Nakamura-Tome Precision Industry, Star Micronics Machine Tools, SHYE TOWEN MACHINERY CO., LTD, Victor Taichung Machinery Works, CNC-TAKANG CO., LTD, CHIAH CHYUN MACHINERY CO., LTD., PO LY GIM MACHINERY CO., LTD, ACCUWAY MACHINERY CO., LTD, Taiwan Jinn Fa Machine industrial Co., Ltd, YOU JI MACHINE INDUSTRIAL CO., LTD, LICO MACHINERY CO., LTD, Myday Machinery Inc, JARNG YEONG ENTERPRISE CO., LTD., Belmont Machinery Company
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Turret Lathe Market Report Segments:
The global Turret Lathe market is segmented on the basis of:
Types
Manual, Semi-automatic, Automatic, CNC
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
Machinery & Equipment, Automotive, Medical Devices, 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:
- CITIZEN MACHINERY MIYANO CO.,LTD
- CMZ
- DMG MORI
- INDEX-Werke
- Nakamura-Tome Precision Industry
- Star Micronics Machine Tools
- SHYE TOWEN MACHINERY CO., LTD
- Victor Taichung Machinery Works
- CNC-TAKANG CO., LTD
- CHIAH CHYUN MACHINERY CO., LTD.
- PO LY GIM MACHINERY CO., LTD
- ACCUWAY MACHINERY CO., LTD
- Taiwan Jinn Fa Machine industrial Co., Ltd
- YOU JI MACHINE INDUSTRIAL CO., LTD
- LICO MACHINERY CO., LTD
- Myday Machinery Inc
- JARNG YEONG ENTERPRISE CO., LTD.
- Belmont Machinery Company
Highlights of The Turret 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:
- Manual
- Semi-automatic
- Automatic
- CNC
- By Application:
- Machinery & Equipment
- Automotive
- Medical Devices
- 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 Turret 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 turret lathe is a machine that is used to create objects with multiple angles. It can be used to create things like car parts, furniture, and even weapons.
Some of the key players operating in the turret lathe market are CITIZEN MACHINERY MIYANO CO.,LTD, CMZ, DMG MORI, INDEX-Werke, Nakamura-Tome Precision Industry, Star Micronics Machine Tools, SHYE TOWEN MACHINERY CO., LTD, Victor Taichung Machinery Works, CNC-TAKANG CO., LTD, CHIAH CHYUN MACHINERY CO., LTD., PO LY GIM MACHINERY CO., LTD, ACCUWAY MACHINERY CO., LTD, Taiwan Jinn Fa Machine industrial Co., Ltd, YOU JI MACHINE INDUSTRIAL CO., LTD, LICO MACHINERY CO., LTD, Myday Machinery Inc, JARNG YEONG ENTERPRISE CO., LTD., Belmont Machinery Company.
The turret lathe market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Turret 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. Turret Lathe Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Turret Lathe Market - Supply Chain
4.5. Global Turret Lathe Market Forecast
4.5.1. Turret Lathe Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Turret Lathe Market Size (000 Units) and Y-o-Y Growth
4.5.3. Turret Lathe Market Absolute $ Opportunity
5. Global Turret 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. Turret Lathe Market Size and Volume Forecast by Type
5.3.1. Manual
5.3.2. Semi-automatic
5.3.3. Automatic
5.3.4. CNC
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Turret 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. Turret Lathe Market Size and Volume Forecast by Application
6.3.1. Machinery & Equipment
6.3.2. Automotive
6.3.3. Medical Devices
6.3.4. Aerospace & Defense
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Turret 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. Turret 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 Turret 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. Turret 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 Turret Lathe Demand Share Forecast, 2019-2026
9. North America Turret 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 Turret 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 Turret Lathe Market Size and Volume Forecast by Application
9.4.1. Machinery & Equipment
9.4.2. Automotive
9.4.3. Medical Devices
9.4.4. Aerospace & Defense
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Turret Lathe Market Size and Volume Forecast by Type
9.7.1. Manual
9.7.2. Semi-automatic
9.7.3. Automatic
9.7.4. CNC
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 Turret Lathe Demand Share Forecast, 2019-2026
10. Latin America Turret 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 Turret 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 Turret Lathe Market Size and Volume Forecast by Application
10.4.1. Machinery & Equipment
10.4.2. Automotive
10.4.3. Medical Devices
10.4.4. Aerospace & Defense
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Turret Lathe Market Size and Volume Forecast by Type
10.7.1. Manual
10.7.2. Semi-automatic
10.7.3. Automatic
10.7.4. CNC
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 Turret Lathe Demand Share Forecast, 2019-2026
11. Europe Turret 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 Turret 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 Turret Lathe Market Size and Volume Forecast by Application
11.4.1. Machinery & Equipment
11.4.2. Automotive
11.4.3. Medical Devices
11.4.4. Aerospace & Defense
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Turret Lathe Market Size and Volume Forecast by Type
11.7.1. Manual
11.7.2. Semi-automatic
11.7.3. Automatic
11.7.4. CNC
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 Prouct Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Turret Lathe Demand Share, 2019-2026
12. Asia Pacific Turret 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 Turret 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 Turret Lathe Market Size and Volume Forecast by Application
12.4.1. Machinery & Equipment
12.4.2. Automotive
12.4.3. Medical Devices
12.4.4. Aerospace & Defense
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Turret Lathe Market Size and Volume Forecast by Type
12.7.1. Manual
12.7.2. Semi-automatic
12.7.3. Automatic
12.7.4. CNC
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 Turret Lathe Demand Share, 2019-2026
13. Middle East & Africa Turret 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 Turret 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 Turret Lathe Market Size and Volume Forecast by Application
13.4.1. Machinery & Equipment
13.4.2. Automotive
13.4.3. Medical Devices
13.4.4. Aerospace & Defense
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Turret Lathe Market Size and Volume Forecast by Type
13.7.1. Manual
13.7.2. Semi-automatic
13.7.3. Automatic
13.7.4. CNC
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 Turret Lathe Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Turret Lathe Market: Market Share Analysis
14.2. Turret Lathe Distributors and Customers
14.3. Turret Lathe Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CITIZEN MACHINERY MIYANO CO.,LTD
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CMZ
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DMG MORI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. INDEX-Werke
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. Star Micronics 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. SHYE TOWEN MACHINERY CO., LTD
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Victor Taichung Machinery Works
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CNC-TAKANG CO., LTD
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CHIAH CHYUN MACHINERY CO., LTD.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PO LY GIM MACHINERY CO., LTD
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ACCUWAY MACHINERY CO., LTD
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Taiwan Jinn Fa Machine industrial Co., Ltd
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. YOU JI MACHINE INDUSTRIAL CO., LTD
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. LICO MACHINERY CO., LTD
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Myday Machinery Inc
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. JARNG YEONG ENTERPRISE CO., LTD.
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Belmont Machinery Company
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