This study focuses on the production side and consumption side of Lathe Machine, presents the global Lathe Machine market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Lathe Machine capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Lathe Machine by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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.