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Automatic Lathe Machines Market worth $13.29 billion by 2030, growing at a CAGR of 5.56% - Exclusive Report by 360iResearch
Automatic Lathe Machines Market | 360iResearch
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Automatic lathe machines, including Computer Numerical Control (CNC) lathes and automatic screw machines, serve crucial roles in the mass production of intricate parts across industries such as automotive, aerospace, medical devices, and electronics. Their automation reduces labor costs, enhances precision, boosts productivity, and ensures consistency and flexibility. Key applications encompass the manufacturing of automotive engine parts, precision aerospace components, high-precision medical implants, and intricate electronic devices. Key growth drivers include technological advancements in automation and robotics, rising industrial demand, and the increasing necessity for high-precision components amid a skilled labor shortage. Potential opportunities lie in integrating smart manufacturing technologies, introducing machine-as-a-service models, and offering customization and upgrades for existing machines. Recommendations include embracing Internet of Things (IoT) and Artificial Intelligence (AI) for better machine monitoring, expanding after-sales services like training and maintenance, and tapping into developing economies with growing industrial automation needs. The market faces challenges such as high initial investment costs, ongoing maintenance expenses, the need for skilled operators, intense global competition, rapid technological obsolescence, and economic uncertainties. Innovation and research areas highlight developing multifunctional hybrid machines, improving energy efficiency, using advanced materials for increased machine lifespan, and enhancing user interfaces for improved usability. The market for automatic lathe machines is dynamic and competitive, driven by technological advancements and industrial growth. Companies must innovate and adapt to capture opportunities and overcome challenges in this evolving landscape.
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Market Segmentation & Coverage:
This research report categorizes the Automatic Lathe Machines Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Cam-Operated Lathes and Computer Numerical Control Automatic Lathes.
Based on Working, market is studied across Horizontal and Vertical.
Based on Application, market is studied across Camshaft Machining, Contour Turning, Forming, Hard Turning, and Ultra Precision Machining.
Based on End-Use, market is studied across Aerospace & Defense, Automotive & Transportation, Medical, Metal Processing, Power Generation, Textile, and Wood Industry.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
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.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Automatic Lathe Machines Market, by Product
7. Automatic Lathe Machines Market, by Working
8. Automatic Lathe Machines Market, by Application
9. Automatic Lathe Machines Market, by End-Use
10. Americas Automatic Lathe Machines Market
11. Asia-Pacific Automatic Lathe Machines Market
12. Europe, Middle East & Africa Automatic Lathe Machines Market
13. Competitive Landscape
14. Competitive Portfolio
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