Automatic Lathe Machines Market Introduction

Automatic lathe machines, also known as metal working machines, and can be controlled through automated operation. These machines are used in the manufacture of bolts, screws etc. They are also employed in shaping articles of wood, metal, and other materials. Automatic lathe machine is one of the highly important machine tools in the metal working industry. These machines can be controlled by cams, which have to be made for each job. Lathes are powerful metal shaping machine tools that can convert any unfinished metal sheet into automotive spares and body parts, precise machine components, and wide range of finished metal products.    

Is something restraining your company’s growth in the Automatic Lathe Machines Market Ask for the report brochure here.

Automatic Lathe Machines Market - Competitive Landscape

  • In October 2017, Okuma Corporation launched two-spindle smart CNC lathe machines
  • In January 2019, Dynamic International opened a Smart Machine Tool factory in South Korea. Smart machine tools provide a broad range of CNC lathes to its customers.

Metra Multi Spindle Machine

Founded in 1989, Metra Multi Spindle Machine is located in Lurreta, Spain. The company is engaged in designing, construction, and sale of automatic lathe machines. It also provides training and installation services to customers. Metra Multi Spindle Machine offers machine products such as CNC multi-spindle automatic lathes, CNC multi-spindle screw machines, CNC multi-spindle lathe (chuck), and attachments and spares for multi-spindles.

STAR MICRONICS CO. LTD.

Established in 1950, Star Manufacturing Co., Ltd. is located in Somerset, New Jersey, the U.S. The company manufactures and sells machinery products such as small printers, visual card readers/writers, precision products, and automatic lathes.

Yamazaki Mazak Corporation

Established in 1919, Yamazaki Mazak Corporation is located in the Aichi Prefecture, Japan. The company manufactures machinery for gear manufacturing, orbit machining, cryogenics technology, and smooth set and inspect applications. It serves various industry segments such as aerospace, auto/truck, consumer electronics, energy, and medical.

Dalian Machine Tool Corporation

Founded in 1948, Dalian Machine Tool Corporation is based in Dalian, China. The company manufactures and develops various types of machinery tools. Its products include engraving and milling machines, CNC milling machines, conventional lathes, and drilling machines.

DMG Mori Co., Ltd

Established in 1948, DMG Mori Co., Ltd. is based in Tokyo, Japan. The company manufactures, develops, and sells various types of machinery tools. Its machinery products include tool pre-setting devices, shrinking devices, and balancing devices.

Other significant players in the automatic lathe machines are Doosan Machine Tools, Haas Automation Inc., Hardinge Inc., Hmt Machine Tools, Jtekt Corporation, Okuma Corporation, Samsung Machine Tools, and MING YANG MACHINERY CO., LTD.

Stuck in a neck-to-neck competition with other brands? Request a custom report on competition on Automatic Lathe Machines Market here

Automatic Lathe Machines Market Dynamics

Increase in Automation in Manufacturing Industry Driving Demand for Automatic Lathe Machines

Rise in automation in the industrial sector is projected to be a major factor driving the automatic lathe machines market. Additionally, increase in enhancements in manufacturing process in terms of product quality and efficiency due to the rise in globalization has resulted in implementation of automated technologies in automatic lathe machines. Furthermore, growth in penetration of Computer Numerical Control (CNC) machines is another key factor estimated to boost the demand for automatic lathe machines across the globe. Computer Numeric Control (CNC) lathes are automatic machine tools that allow for precise operation of stored programmable commands. In the other hand, in conventional machines, an operator decides numerous machine parameters including depth and feed of cut according to the requirements. Furthermore, increase in consumer disposable income, and growth in automotive and aerospace industries are some of the key factors driving the demand for automatic lathe machines across the globe. Moreover, the integration of Internet of Things (IoT) in manufacturing is projected to be a major trend likely to gain traction in this market in the next few years.

Increase in Use of Plastic and Fiber Restraining Automatic Lathe Machines Market

Rise in usage of plastic and fiber-made products due to the low cost of these products expected is expected to hamper the market in the next few years. High cost of equipment and devices is another key factor hampering the automatic lathe machines market.

Automatic Lathe Machines Market Segmentation

Based on machine type, the automatic lathe machines market can be bifurcated into

  • Vertical lathe machines
  • Horizontal lathe machines

Based on mode of operation, the automatic lathe machines market can be segmented into

  • Conventional Lathe Machines
  • Computer Numerical Control (CNC) Lathe Machines

Based on product type, the automatic lathe machines market can be segregated into

  • Automatic Cutting Off Lathe
  • Single Spindle Automatic Lathe
  • Swiss Type Automatic Lathe
  • Multiple Spindle Automatic Lathes

Based on end-use industry, the automatic lathe machines market can be classified into

  • Automotive
  • Machinery
  • Transportation
  • Others

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Automatic Lathe Machines Market

Pre Book