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CNC Lathes Market Size & Forecast

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Historic: 2021-2023 Base Year: 2024 Forecast: 2025–2031
US$ 9.10 Billion
Market Size 2024 · Base Year
US$ 15.86 Billion
Projected Market Size by 2031
8.26%
CAGR · 2025–2031
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BMIPUB00032048 56+ Countries Covered 10 Major Companies Profiled PEST & SWOT Analysis Competitive Heat Map
At a Glance

Report Coverage

56 +
Countries
56+ countries across North America, Europe, Asia-Pacific, South and Central America, Middle East and Africa
11
Year Assessment
Comprehensive Market Analysis Covering 3 Years of Historical Data (2021–2023), Base Year (2024), and 7-Year Forecast (2025–2031)
10 +
Major Players
Major companies profiled including Yamazaki Mazak Corporation, DMG MORI, Haas Automation, Inc, Okuma Corp, DN SOLUTIONS
450
Report Pages
Pages of deep-dive analysis with PEST, SWOT, competitive heat maps and datasets
What's Fueling Growth

Market Drivers

  • Rising Demand for Precision Manufacturing and Automation

  • Industry 4.0 Integration and Smart Manufacturing

  • Expanding Industrial Base and Government Support

Where Growth Opportunities Exist

Key Opportunities

  • Emerging Markets and Rapid Industrialization

  • Sustainability and Green Manufacturing Initiatives

What Could Slow It Down

Market Restraints

  • High investment cos

  • Skilled operator requiremen

  • Maintenance downtime

Market Segmentation

Coverage by Segment

Machine Type

Horizontal CNC Lathes
Vertical CNC Lathes
Others

Number of Axes

2 Axis
3 Axis
4 Axis

Structure

Fixed Bed
Moving Bed
Gantry Type

End-Use Industry

Automotive
Aerospace
Medical Devices
Geographic Breakdown

Regional Intelligence

NA North America
EU Europe
APAC Asia-Pacific
SCA South & Central America
MEA Middle East & Africa
Competitive Landscape

Major Market Players

Listed for reference — companies are not ranked in any particular order.

Yamazaki Mazak Corporation
DMG MORI
Haas Automation, Inc
Okuma Corp
DN SOLUTIONS
Hurco Companies Inc
Hyundai Wia Corp
Makino Milling Machine Co.
INDEX-Werke GmbH & Co. KG Hahn & Tessky
Brother Industries, Ltd
What's Inside

Report Scope & Deliverables

Market Size 2024 US$ 9.10 Billion
Market Size 2031 US$ 15.86 Billion
CAGR 2025–2031 8.26%
Segments By Machine Type (Horizontal CNC Lathes, Vertical CNC Lathes, Others)  |  By Number of Axes (2 Axis, 3 Axis, 4 Axis)  |  By Structure (Fixed Bed, Moving Bed, Gantry Type)
Geographies North America (US, Canada, Mexico)  ·  Europe (Belgium, Austria, Finland, Denmark, Greece, Poland, Romania, Russia, Ukraine, Czech Republic, Slovakia, Bulgaria, Italy, Luxembourg, Germany, Switzerland, France, Netherlands, Norway, Portugal, Spain, Sweden, United Kingdom)  ·  Asia-Pacific (Australia, China, India, Japan, South Korea, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Bangladesh, New Zealand, Taiwan)  ·  South and Central America (Brazil, Argentina, Peru, Chile, Colombia)  ·  Middle East and Africa (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Turkiye, South Africa, Egypt, Algeria, Nigeria)
Deliverables Historical analysis with CAGR · PEST & SWOT analysis · Market Size at Global, Regional, and Country Levels · Competitive heat map · Company profiles · Excel dataset
Report Code BMIPUB00032048
Lead Analyst Shivani Singh — Consultant, Research & Consulting · View Profile
With Full Report Access

Gain actionable insights with 450 pages of in-depth CNC Lathes Market, including historical trends, 7-year market forecasts, SWOT analysis, competitive landscapes, and downloadable Excel datasets in a single comprehensive package.

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