Automatic Lathe Machines Market by Product, Working, Application, End-Use

Description

List of Tables

[194 Pages Report] The Automatic Lathe Machines Market size was estimated at USD 9.09 billion in 2023 and expected to reach USD 9.58 billion in 2024, at a CAGR 5.56% to reach USD 13.29 billion by 2030.

Automatic lathe machines, often integral to modern manufacturing, are sophisticated equipment designed to process metal or wood with high precision and minimal human intervention. They function by automating the machining process, including cutting, drilling, and turning material into desired shapes and sizes. These machines significantly enhance productivity and consistency in manufacturing processes, making them indispensable in the automotive, aerospace, and electronics industries. Growing demand for components with high precision and tight tolerances in various sectors, including medical devices, aerospace, and automotive industries, is driving the growth of automatic lathe machines. With the automotive and aerospace industries experiencing growth, the need for components produced by automatic lathe machines in these sectors is also increasing. These industries often require highly precise and reliable parts, driving the demand for advanced machining tools. The high cost of advanced automatic lathe machines hampers the market growth. The continuous technological improvements have led to the development of highly efficient and precise automatic lathe machines, which are expected to create opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 9.09 billion
Estimated Year [2024]	USD 9.58 billion
Forecast Year [2030]	USD 13.29 billion
CAGR (%)	5.56%

Product: Rising usage of cam-operated lathes to control the movement of tools and workpieces

Cam-operated lathes, also known as automatic screw machines, are a type of automatic lathe that utilizes cams, rotating or sliding pieces in a mechanical linkage to control the movement of tools and workpieces. These machines are highly efficient for mass-producing small to medium-sized parts with simple geometries. The workings of a cam-operated lathe are relatively straightforward. Each cam is designed for a specific operation, such as turning, drilling, or milling. As the cam rotates or moves, it pushes against levers or sliders connected to the cutting tools, moving them in the desired pattern to shape the workpiece. This process is highly automated, meaning it can run with minimal human intervention once set up. CNC automatic lathes represent a significant advancement in lathe technology. These machines use computer systems to control the cutting tools, providing precise control over the manufacturing process. This allows for the creation of complex shapes and patterns that would be difficult or impossible to achieve with manual control or cam-operated lathes. One of the main advantages of CNC lathes is their flexibility. The machine's operations are controlled by software, which can be updated or changed to accommodate different designs without the need for physical modifications to the machine.

End-Use: High potential of automatic lathe machines to produce the intricate components required in aircraft and military equipment

In the aerospace & defense industry, precision is paramount. Automatic lathe machines produce the intricate components required in aircraft and military equipment. These parts must meet stringent specifications for safety and performance, including engine parts, landing gear, and various fittings. The automotive sector relies heavily on automatic lathe machines for the production of numerous components. From engine parts including, camshafts and crankshafts to smaller fittings and fasteners, these machines allow for high-volume production with consistent quality, which is critical in this industry. The broader transportation industry, encompassing rail, marine, and air transport, relies on parts produced by automatic lathe machines. Components for engines, transmission systems, and structural elements are all manufactured with the precision these machines can achieve. Accuracy is critical in the medical field, where automatic lathe machines are used to create medical devices and implants. Given the necessity for extreme precision and reliability, these machines produce parts that often go inside the human body, such as surgical tools, screws for bone fractures, and components for medical imaging equipment. In metal processing, automatic lathe machines are employed to shape metal parts for various applications. This includes everything from simple bolts and nuts to more complex machinery components. The versatility of these machines makes them invaluable for producing high-precision parts. In the textile industry, automatic lathe machines play a role in producing the components of textile machinery. This includes spindles, bobbins, and other parts essential for the operations of weaving and sewing machines, ensuring the high-speed production of textiles. Even in the wood industry, automatic lathe machines find their place by shaping wood components with high precision and efficiency. From furniture parts to musical instruments, these machines can handle various wood types, producing intricately designed pieces that manual processes could not achieve as effectively.

Regional Insights

The American market for automatic lathe machines showcases a stable growth trajectory, attributed to the sustained manufacturing activities across key sectors such as automotive, aerospace, and defense. The United States plays a pivotal role in this regional market, driven by technological advancements and a robust manufacturing infrastructure. However, countries in South America are also emerging as significant contributors, driven by growing industrialization and investments in manufacturing capabilities. Asia-Pacific is witnessing rapid growth in the automatic lathe machines market, making it one of the most dynamic areas globally. The region benefits from lower labor costs, substantial investments in technology, and a rising focus on precision engineering and automation. The thriving automotive and electronics industries in APAC further catalyze the demand for automatic lathe machines, positioning the region as a critical hub for production and innovation. In the EMEA region, Europe stands as the primary market for automatic lathe machines, thanks to its well-established automotive, aerospace, and machinery industries. The demand in Europe is significantly driven by the need for high-precision components and the adoption of Industry 4.0 principles, prompting investments in advanced manufacturing technologies. The Middle East and African region is gradually emerging in the market, primarily due to the diversification of economies and the initiation of manufacturing and industrial projects, especially in the Gulf Cooperation Council (GCC) countries.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Automatic Lathe Machines Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Automatic Lathe Machines Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Automatic Lathe Machines Market, highlighting leading vendors and their innovative profiles. These include Colchester Machine Tool Solutions, Dalian Machine Tool Corporation, DMG MORI Global Marketing GmbH, Ellison Technologies, Inc., EMCO GmbH, Haas Automation, Inc., Halter Group, Hardinge Inc., HWACHEON MACHINERY CO., LTD., INDEX-Werke GmbH & Co. KG Hahn & Tessky, JTEKT Corporation, Kent Industrial Co., Ltd, MING YANG MACHINERY CO., LTD., OKUMA AMERICA CORPORATION, Racer Machinery International Inc., Shenyang Machine Tool Part Co., Ltd., Shun Chuan Precision Machinery Co., Ltd., SMEC America Corporation, Star CNC Machine Tool Corp, STAR MICRONICS CO. LTD., Summit Machine Tool LLC, TAIG Tools, Takisawa Machine Tool Co., Ltd., TORNOS SA, and Tsugami Corporation.

Market Segmentation & Coverage

This research report categorizes the Automatic Lathe Machines Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Cam-Operated Lathes
- Computer Numerical Control Automatic Lathes

Working
- Horizontal
- Vertical

Application
- Camshaft Machining
- Contour Turning
- Forming
- Hard Turning
- Ultra Precision Machining

End-Use
- Aerospace & Defense
- Automotive & Transportation
- Medical
- Metal Processing
- Power Generation
- Textile
- Wood Industry

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Automatic Lathe Machines Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Automatic Lathe Machines Market?

3. What are the technology trends and regulatory frameworks in the Automatic Lathe Machines Market?

4. What is the market share of the leading vendors in the Automatic Lathe Machines Market?

5. Which modes and strategic moves are suitable for entering the Automatic Lathe Machines Market?

Product Code: MRR-7A22CB0E65C1

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing need for components with high precision and tight tolerances in the automotive sector
  - 5.1.1.2. Need for complex parts in the aerospace & defense sector
- 5.1.2. Restraints
  - 5.1.2.1. High cost of development of automatic lathe machines
- 5.1.3. Opportunities
  - 5.1.3.1. Continuous advancements in automatic lathe machines
  - 5.1.3.2. Adoption of IoT-enabled machines and Industry 4.0 owing to smart factories
- 5.1.4. Challenges
  - 5.1.4.1. Lack of skilled labor for handling and operating lathe machines
5.2. Market Segmentation Analysis
- 5.2.1. Product: Rising usage of cam-operated lathes to control the movement of tools and workpieces
- 5.2.2. End-Use: High potential of automatic lathe machines to produce the intricate components required in aircraft and military equipment
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Automatic Lathe Machines Market, by Product

6.1. Introduction
6.2. Cam-Operated Lathes
6.3. Computer Numerical Control Automatic Lathes

7. Automatic Lathe Machines Market, by Working

7.1. Introduction
7.2. Horizontal
7.3. Vertical

8. Automatic Lathe Machines Market, by Application

8.1. Introduction
8.2. Camshaft Machining
8.3. Contour Turning
8.4. Forming
8.5. Hard Turning
8.6. Ultra Precision Machining

9. Automatic Lathe Machines Market, by End-Use

9.1. Introduction
9.2. Aerospace & Defense
9.3. Automotive & Transportation
9.4. Medical
9.5. Metal Processing
9.6. Power Generation
9.7. Textile
9.8. Wood Industry

10. Americas Automatic Lathe Machines Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Automatic Lathe Machines Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Automatic Lathe Machines Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Nakamura-Tome Unveils NTY3-100V: Elevating Production Speeds in CNC Multitasking Lathes
- 13.3.2. Innovative Advancements with Star Micronics' SP-20/23 CNC Swiss-Type Automatic Lathe
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio