Lathe Machines Market- Global Industry Analysis and Forecast (2024-2030)

Krajput24 Apr, 2025News

In the metalworking industry, lathe machines are extremely important. Faceting, sanding, knurling, cutting, and drilling are all common uses for lathe equipment. The rising popularity of CNC lathes is resulting in a rise in market income for machines. This can be ascribed to an increase in the number of automation industries, which are striving to improve productivity and quality in the manufacturing sector. Manufacturers are more prone to flexible activity and as a result are more willing to use technologically advanced lathes. These machines are used to make bolts, screws, and other fasteners. They're also used to shape wood, metal, and other materials into useful shapes. The automobile, general machinery and transportation industries have all seen increased market demand as a result of rising urbanisation.