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Lathe Center Market

Lathe Center Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Lathe Center Market – Introduction

  • Lathe center is a machine tool used for accurate positioning of a work piece about its axis between a head stock spindle and tailstock spindle. Lathe centers are used to manufacture cylindrical shapes from different range of materials such as plastics and steels. The lathe center can be operated by a person or operated automatically by a machine.

Key Drivers of the Lathe Center Market

  • Many industries make use of lathe centers for fabricating parts and features that have a circular cross section. Automotive, aerospace, oil & gas, electronics, mining, and ship building are some of the industries using a lathe center. It is also a very common tool used by steel and plastic manufacturers. This increases the demand for lathe centers and helps in the growth of the market.
  • Lathe centers are widely used in construction. They are used on wood, metal, and other common construction material. Increase in construction activities across the globe is helping in the growth of the lathe center market.

Factors Restraining the Lathe Center Market

  • Lathe centers can perform diverse operations, but only one tool can be used at a time and the idle time between the operations is high. Also, the preciseness of the job performed with a lathe center depends largely on the skills of the operator. Further, the Covid-19 pandemic negatively impacted the growth of the lathe center market. Factories and manufacturing plants were closed due to lockdown and supply chains were disrupted because of lack of raw materials which hampered the growth of the lathe center market.

Asia Pacific to Hold Leading Share of the Global Lathe Center Market

  • In terms of region, the global lathe center market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the lathe center market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The lathe center market in South America is segmented into Brazil and Rest of South America.
  • Asia Pacific dominated the global lathe center market in 2020, due to presence of a large number of steel manufacturers in the region. Growth in construction industry has been driving the lathe center market in Asia Pacific, particularly in China, India, and Japan.
  • The lathe center market in Asia Pacific is projected to expand at a rapid pace, followed by North America and Europe during the forecast period.

Key Players Operating in the Lathe Center Market

The global lathe center market is highly competitive, owing to the presence of several global and regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to consolidate their position in the market. A few key players operating in the global lathe center market are:

  • Karl Bruckner GmbH
  • Riten Industries, Inc.
  • Röhm GmbH Sontheim
  • MACK Werkzeuge AG
  • ROTOR TOOL GmbH
  • Sassatelli s.r.l.
  • Tecnologie FRB
  • Granlund Tools
  • HENNINGER GMBH U. CO. KG
  • Knuth Machine Tools

Global Lathe Center Market: Research Scope

Global Lathe Center Market, by Mode of Operation

  • Manual
  • Automatic

Global Lathe Center Market, by Type

  • Dead center (and live center)
  • Soft center
  • Running or revolving center
  • Pipe center
  • Cup center
  • Drive center
  • Spring center

Global Lathe Center Market, by Application

  • Milling
  • Turning
  • Grinding
  • Drilling
  • Boring
  • Others (Facing off, etc.)

Global Lathe Center Market, by Price

  • Low
  • Medium
  • High

Global Lathe Center Market, by End-use Industry

  • Steel
  • Automotive
  • Aerospace
  • Ship building
  • Others (oil & gas, etc.)

Global Lathe Center Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America
Lathe Center Market

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