Definition and Scope: Lathe machines are versatile tools used in machining processes to shape materials such as metal, wood, or plastic by rotating the workpiece against cutting tools. These machines are essential in various industries such as automotive, aerospace, and manufacturing, enabling precision cutting, drilling, facing, and turning operations. Lathe machines come in different types, including CNC lathes, center lathes, and turret lathes, each catering to specific machining requirements. The market for lathe machines is driven by the growing demand for customized and complex components across industries, the adoption of automation and CNC technology for enhanced precision and efficiency, and the increasing focus on reducing production lead times and costs. The market for lathe machines is witnessing several trends that are shaping its growth trajectory. One prominent trend is the integration of advanced technologies such as IoT, AI, and machine learning in lathe machines to enable predictive maintenance, real-time monitoring, and process optimization. Additionally, the rising popularity of multi-tasking and hybrid machines that combine various machining processes in a single setup is driving market growth. Moreover, the emphasis on sustainability and energy efficiency is leading to the development of eco-friendly lathe machines that consume less power and produce minimal waste. These trends, coupled with the increasing adoption of Industry 4.0 practices in manufacturing, are expected to drive the demand for lathe machines in the coming years. The global Lathe Machines market size was estimated at USD 9287.86 million in 2024, exhibiting a CAGR of 1.50% during the forecast period. This report offers a comprehensive analysis of the global Lathe Machines market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges. Report Framework and Key Highlights: Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges. Trend Analysis: Examination of ongoing and emerging trends impacting the market. Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments. Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis Market Segmentation: By type, application, region, and end-user industry. Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033. This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for: Industry players Investors Researchers Consultants Business strategists And all stakeholders with an interest or investment in the Lathe Machines market. Global Lathe Machines Market: Segmentation Analysis and Strategic Insights This section of the report provides an in-depth segmentation analysis of the global Lathe Machines market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales. By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment. Global Lathe Machines Market: Market Segmentation Analysis The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments. Key Companies Profiled Yamazaki Mazak DMG Mori Seiki TRUMPF AMADA Okuma Corporation MAG JTEKT Corporation Schuler GF Machining Solutions Haas Automation Emag Hyundai WIA Doosan Infracore Makino INDEX Bystronic K枚rber Schleifring Gleason KOMATSU GROB Hurco HERMLE Hardinge Group Chiron TORNOS Schutte NAGEL MTSUBISHI HEAVY INDUSTRIES SAMAG SMTCL Market Segmentation by Type Vertical Lathe Horizontal Lathe Market Segmentation by Application Automotive Machinery Medical Device Other Geographic Segmentation North America: United States, Canada, Mexico Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia. Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand South America: Brazil, Argentina, Colombia. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA Report Framework and Chapter Summary Chapter 1: Report Scope and Market Definition This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis. Chapter 2: Executive Summary This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Lathe Machines Market, highlighting its evolution over the short, medium, and long term. Chapter 3: Market Dynamics and Policy Environment This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance. Chapter 4: Competitive Landscape This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors. Chapters 5–10: Regional Market Analysis These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets. Chapter 11: Market Segmentation by Product Type This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities. Chapter 12: Market Segmentation by Application This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets. Chapter 13: Company Profiles This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy. Chapter 14: Industry Chain and Value Chain Analysis This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem. Chapter 15: Key Findings and Conclusions The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters. Table of Contents 1 Introduction to Research & Analysis Reports 1.1 Lathe Machines Market Definition 1.2 Lathe Machines Market Segments 1.2.1 Segment by Type 1.2.2 Segment by Application 2 Executive Summary 2.1 Global Lathe Machines Market Size 2.2 Market Segmentation – by Type 2.3 Market Segmentation – by Application 2.4 Market Segmentation – by Geography 3 Key Market Trends, Opportunity, Drivers and Restraints 3.1 Key Takeway 3.2 Market Opportunities & Trends 3.3 Market Drivers 3.4 Market Restraints 3.5 Market Major Factor Assessment 4 Global Lathe Machines Market Competitive Landscape 4.1 Global Lathe Machines Sales by Manufacturers (2020-2025) 4.2 Global Lathe Machines Revenue Market Share by Manufacturers (2020-2025) 4.3 Lathe Machines Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 4.4 New Entrant and Capacity Expansion Plans 4.5 Mergers & Acquisitions 5 Global Lathe Machines Market by Region 5.1 Global Lathe Machines Market Size by Region 5.1.1 Global Lathe Machines Market Size by Region 5.1.2 Global Lathe Machines Market Size Market Share by Region 5.2 Global Lathe Machines Sales by Region 5.2.1 Global Lathe Machines Sales by Region 5.2.2 Global Lathe Machines Sales Market Share by Region 6 North America Market Overview 6.1 North America Lathe Machines Market Size by Country 6.1.1 USA Market Overview 6.1.2 Canada Market Overview 6.1.3 Mexico Market Overview 6.2 North America Lathe Machines Market Size by Type 6.3 North America Lathe Machines Market Size by Application 6.4 Top Players in North America Lathe Machines Market 7 Europe Market Overview 7.1 Europe Lathe Machines Market Size by Country 7.1.1 Germany Market Overview 7.1.2 France Market Overview 7.1.3 U.K. Market Overview 7.1.4 Italy Market Overview 7.1.5 Spain Market Overview 7.1.6 Sweden Market Overview 7.1.7 Denmark Market Overview 7.1.8 Netherlands Market Overview 7.1.9 Switzerland Market Overview 7.1.10 Belgium Market Overview 7.1.11 Russia Market Overview 7.2 Europe Lathe Machines Market Size by Type 7.3 Europe Lathe Machines Market Size by Application 7.4 Top Players in Europe Lathe Machines Market 8 Asia-Pacific Market Overview 8.1 Asia-Pacific Lathe Machines Market Size by Country 8.1.1 China Market Overview 8.1.2 Japan Market Overview 8.1.3 South Korea Market Overview 8.1.4 India Market Overview 8.1.5 Australia Market Overview 8.1.6 Indonesia Market Overview 8.1.7 Malaysia Market Overview 8.1.8 Philippines Market Overview 8.1.9 Singapore Market Overview 8.1.10 Thailand Market Overview 8.1.11 Rest of APAC Market Overview 8.2 Asia-Pacific Lathe Machines Market Size by Type 8.3 Asia-Pacific Lathe Machines Market Size by Application 8.4 Top Players in Asia-Pacific Lathe Machines Market 9 South America Market Overview 9.1 South America Lathe Machines Market Size by Country 9.1.1 Brazil Market Overview 9.1.2 Argentina Market Overview 9.1.3 Columbia Market Overview 9.2 South America Lathe Machines Market Size by Type 9.3 South America Lathe Machines Market Size by Application 9.4 Top Players in South America Lathe Machines Market 10 Middle East and Africa Market Overview 10.1 Middle East and Africa Lathe Machines Market Size by Country 10.1.1 Saudi Arabia Market Overview 10.1.2 UAE Market Overview 10.1.3 Egypt Market Overview 10.1.4 Nigeria Market Overview 10.1.5 South Africa Market Overview 10.2 Middle East and Africa Lathe Machines Market Size by Type 10.3 Middle East and Africa Lathe Machines Market Size by Application 10.4 Top Players in Middle East and Africa Lathe Machines Market 11 Lathe Machines Market Segmentation by Type 11.1 Evaluation Matrix of Segment Market Development Potential (Type) 11.2 Global Lathe Machines Sales Market Share by Type (2020-2033) 11.3 Global Lathe Machines Market Size Market Share by Type (2020-2033) 11.4 Global Lathe Machines Price by Type (2020-2033) 12 Lathe Machines Market Segmentation by Application 12.1 Evaluation Matrix of Segment Market Development Potential (Application) 12.2 Global Lathe Machines Market Sales by Application (2020-2033) 12.3 Global Lathe Machines Market Size (M USD) by Application (2020-2033) 12.4 Global Lathe Machines Sales Growth Rate by Application (2020-2033) 13 Company Profiles 13.1 Yamazaki Mazak 13.1.1 Yamazaki Mazak Company Overview 13.1.2 Yamazaki Mazak Business Overview 13.1.3 Yamazaki Mazak Lathe Machines Major Product Offerings 13.1.4 Yamazaki Mazak Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.1.5 Key News 13.2 DMG Mori Seiki 13.2.1 DMG Mori Seiki Company Overview 13.2.2 DMG Mori Seiki Business Overview 13.2.3 DMG Mori Seiki Lathe Machines Major Product Offerings 13.2.4 DMG Mori Seiki Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.2.5 Key News 13.3 TRUMPF 13.3.1 TRUMPF Company Overview 13.3.2 TRUMPF Business Overview 13.3.3 TRUMPF Lathe Machines Major Product Offerings 13.3.4 TRUMPF Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.3.5 Key News 13.4 AMADA 13.4.1 AMADA Company Overview 13.4.2 AMADA Business Overview 13.4.3 AMADA Lathe Machines Major Product Offerings 13.4.4 AMADA Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.4.5 Key News 13.5 Okuma Corporation 13.5.1 Okuma Corporation Company Overview 13.5.2 Okuma Corporation Business Overview 13.5.3 Okuma Corporation Lathe Machines Major Product Offerings 13.5.4 Okuma Corporation Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.5.5 Key News 13.6 MAG 13.6.1 MAG Company Overview 13.6.2 MAG Business Overview 13.6.3 MAG Lathe Machines Major Product Offerings 13.6.4 MAG Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.6.5 Key News 13.7 JTEKT Corporation 13.7.1 JTEKT Corporation Company Overview 13.7.2 JTEKT Corporation Business Overview 13.7.3 JTEKT Corporation Lathe Machines Major Product Offerings 13.7.4 JTEKT Corporation Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.7.5 Key News 13.8 Schuler 13.8.1 Schuler Company Overview 13.8.2 Schuler Business Overview 13.8.3 Schuler Lathe Machines Major Product Offerings 13.8.4 Schuler Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.8.5 Key News 13.9 GF Machining Solutions 13.9.1 GF Machining Solutions Company Overview 13.9.2 GF Machining Solutions Business Overview 13.9.3 GF Machining Solutions Lathe Machines Major Product Offerings 13.9.4 GF Machining Solutions Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.9.5 Key News 13.10 Haas Automation 13.10.1 Haas Automation Company Overview 13.10.2 Haas Automation Business Overview 13.10.3 Haas Automation Lathe Machines Major Product Offerings 13.10.4 Haas Automation Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.10.5 Key News 13.11 Emag 13.11.1 Emag Company Overview 13.11.2 Emag Business Overview 13.11.3 Emag Lathe Machines Major Product Offerings 13.11.4 Emag Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.11.5 Key News 13.12 Hyundai WIA 13.12.1 Hyundai WIA Company Overview 13.12.2 Hyundai WIA Business Overview 13.12.3 Hyundai WIA Lathe Machines Major Product Offerings 13.12.4 Hyundai WIA Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.12.5 Key News 13.13 Doosan Infracore 13.13.1 Doosan Infracore Company Overview 13.13.2 Doosan Infracore Business Overview 13.13.3 Doosan Infracore Lathe Machines Major Product Offerings 13.13.4 Doosan Infracore Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.13.5 Key News 13.14 Makino 13.14.1 Makino Company Overview 13.14.2 Makino Business Overview 13.14.3 Makino Lathe Machines Major Product Offerings 13.14.4 Makino Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.14.5 Key News 13.15 INDEX 13.15.1 INDEX Company Overview 13.15.2 INDEX Business Overview 13.15.3 INDEX Lathe Machines Major Product Offerings 13.15.4 INDEX Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.15.5 Key News 13.16 Bystronic 13.16.1 Bystronic Company Overview 13.16.2 Bystronic Business Overview 13.16.3 Bystronic Lathe Machines Major Product Offerings 13.16.4 Bystronic Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.16.5 Key News 13.17 K枚rber Schleifring 13.17.1 K枚rber Schleifring Company Overview 13.17.2 K枚rber Schleifring Business Overview 13.17.3 K枚rber Schleifring Lathe Machines Major Product Offerings 13.17.4 K枚rber Schleifring Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.17.5 Key News 13.18 Gleason 13.18.1 Gleason Company Overview 13.18.2 Gleason Business Overview 13.18.3 Gleason Lathe Machines Major Product Offerings 13.18.4 Gleason Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.18.5 Key News 13.19 KOMATSU 13.19.1 KOMATSU Company Overview 13.19.2 KOMATSU Business Overview 13.19.3 KOMATSU Lathe Machines Major Product Offerings 13.19.4 KOMATSU Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.19.5 Key News 13.20 GROB 13.20.1 GROB Company Overview 13.20.2 GROB Business Overview 13.20.3 GROB Lathe Machines Major Product Offerings 13.20.4 GROB Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.20.5 Key News 13.21 Hurco 13.21.1 Hurco Company Overview 13.21.2 Hurco Business Overview 13.21.3 Hurco Lathe Machines Major Product Offerings 13.21.4 Hurco Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.21.5 Key News 13.22 HERMLE 13.22.1 HERMLE Company Overview 13.22.2 HERMLE Business Overview 13.22.3 HERMLE Lathe Machines Major Product Offerings 13.22.4 HERMLE Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.22.5 Key News 13.23 Hardinge Group 13.23.1 Hardinge Group Company Overview 13.23.2 Hardinge Group Business Overview 13.23.3 Hardinge Group Lathe Machines Major Product Offerings 13.23.4 Hardinge Group Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.23.5 Key News 13.24 Chiron 13.24.1 Chiron Company Overview 13.24.2 Chiron Business Overview 13.24.3 Chiron Lathe Machines Major Product Offerings 13.24.4 Chiron Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.24.5 Key News 13.25 TORNOS 13.25.1 TORNOS Company Overview 13.25.2 TORNOS Business Overview 13.25.3 TORNOS Lathe Machines Major Product Offerings 13.25.4 TORNOS Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.25.5 Key News 13.26 Schutte 13.26.1 Schutte Company Overview 13.26.2 Schutte Business Overview 13.26.3 Schutte Lathe Machines Major Product Offerings 13.26.4 Schutte Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.26.5 Key News 13.27 NAGEL 13.27.1 NAGEL Company Overview 13.27.2 NAGEL Business Overview 13.27.3 NAGEL Lathe Machines Major Product Offerings 13.27.4 NAGEL Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.27.5 Key News 13.28 MTSUBISHI HEAVY INDUSTRIES 13.28.1 MTSUBISHI HEAVY INDUSTRIES Company Overview 13.28.2 MTSUBISHI HEAVY INDUSTRIES Business Overview 13.28.3 MTSUBISHI HEAVY INDUSTRIES Lathe Machines Major Product Offerings 13.28.4 MTSUBISHI HEAVY INDUSTRIES Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.28.5 Key News 13.29 SAMAG 13.29.1 SAMAG Company Overview 13.29.2 SAMAG Business Overview 13.29.3 SAMAG Lathe Machines Major Product Offerings 13.29.4 SAMAG Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.29.5 Key News 13.30 SMTCL 13.30.1 SMTCL Company Overview 13.30.2 SMTCL Business Overview 13.30.3 SMTCL Lathe Machines Major Product Offerings 13.30.4 SMTCL Lathe Machines Sales and Revenue fromLathe Machines (2020-2025) 13.30.5 Key News 14 Key Market Trends, Opportunity, Drivers and Restraints 14.1 Key Takeway 14.2 Market Opportunities & Trends 14.3 Market Drivers 14.4 Market Restraints 14.5 Market Major Factor Assessment 14.6 Porter's Five Forces Analysis of Lathe Machines Market 14.7 PEST Analysis of Lathe Machines Market 15 Analysis of the Lathe Machines Industry Chain 15.1 Overview of the Industry Chain 15.2 Upstream Segment Analysis 15.3 Midstream Segment Analysis 15.3.1 Manufacturing, Processing or Conversion Process Analysis 15.3.2 Key Technology Analysis 15.4 Downstream Segment Analysis 15.4.1 Downstream Customer List and Contact Details 15.4.2 Customer Concerns or Preference Analysis 16 Conclusion 17 Appendix 17.1 Methodology 17.2 Research Process and Data Source 17.3 Disclaimer 17.4 Note 17.5 Examples of Clients 17.6 DisclaimerResearch Methodology The research methodology employed in this study follows a structured, four-stage process designed to ensure the accuracy, consistency, and relevance of all data and insights presented. The process begins with Information Procurement, wherein data is collected from a wide range of primary and secondary sources. This is followed by Information Analysis, during which the collected data is systematically mapped, discrepancies across sources are examined, and consistency is established through cross-validation.
Subsequently, the Market Formulation phase involves placing verified data points into an appropriate market context to generate meaningful conclusions. This step integrates analyst interpretation and expert heuristics to refine findings and ensure applicability. Finally, all conclusions undergo a rigorous Validation and Publishing process, where each data point is re-evaluated before inclusion in the final deliverable. The methodology emphasizes bidirectional flow and reversibility between key stages to maintain flexibility and reinforce the integrity of the analysis.
Research Process The market research process follows a structured and iterative methodology designed to ensure accuracy, depth, and reliability. It begins with scope definition and research design, where the research objectives are clearly outlined based on client requirements, emerging market trends, and initial exploratory insights. This phase provides strategic direction for all subsequent stages of the research. Data collection is then conducted through both secondary and primary research. Secondary research involves analyzing publicly available and paid sources such as company filings, industry journals, and government databases to build foundational knowledge. This is followed by primary research, which includes direct interviews and surveys with key industry stakeholders—such as manufacturers, distributors, and end users—to gather firsthand insights and address data gaps identified earlier. Techniques included CATI (Computer-Assisted Telephonic Interviewing), CAWI (Computer-Assisted Web Interviewing), CAVI (Computer-Assisted Video Interviewing via platforms like Zoom and WebEx), and CASI (Computer-Assisted Self Interviewing via email or LinkedIn).
