India Lathe Machines Market Share

Statistics for the 2023 & 2024 India Lathe Machines market share, created by Mordor Intelligence™ Industry Reports. India Lathe Machines share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of India Lathe Machines Industry

The Indian lathe machines market is Semi-Consolidated, with the presence of major players like Tsugami Corporation, Mazak Corporation, Star Micronics Co. Ltd, DN Solutions, and Laxmi Metal & Machines. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

  • September 2023: Star Micronics announced the development of SP-20/23, a CNC Swiss-type automatic lathe capable of supporting parts machining in various industries, including automobiles, hydraulic/pneumatic equipment, and general machinery. This product is expected to be launched by the end of this year.
  • March 2023: The Yamazaki Mazak Corporation announced the building of a manufacturing plant (name: Yamazaki Mazak Machine Tools Private Limited) in Pune, Maharashtra, India, in 2023. This new manufacturing setup will start producing a new vertical machining center developed and designed in Japan for the Indian domestic market. Therefore, with this new plant, the company will have 11 production bases, five in Japan and six overseas.

India Lathe Machines Market Leaders

  1. Tsugami Corporation

  2. Mazak Corporation

  3. Star Micronics Co. Ltd

  4. DN Solutions

  5. Laxmi Metal & Machines

*Disclaimer: Major Players sorted in no particular order

India Lathe Machines Market Concentration

India Lathe Machines Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)