Lathe Machine Market report reveals the market overview, product segment, market share, evaluation of annual reports, the market size for each section with forecasting year (2018-2023). Lathe Machine market report features the several approaches and strategies recommended by top key players for business expansion.
Lathe is a tool that rotates any workpiece on its axis in order to carry out numerous operations such as cutting, deformation or drilling, knurling and so on with tools applied on that workpiece to create a symmetrical object about an axis of rotation. In short, a lathe machine is used to shape various work pieces.
Lathe machines have many applications; lathe machines are used in woodturning, metalworking, metal spinning, glass working and thermal spraying. The main purpose of a lathe machine is to facilitate unfinished to finished metal product transformation.
The Lathe Machine market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Lathe Machine.
Lathe Machine market report is highly fragmented based on the key players competing regionally as well as globally. Some of the top players in Lathe Machine market with their company profiles are listed below: