#LatheManufacturer

The global CNC lathe market, valued at $28 billion in 2024 and projected to grow at a 7.1% CAGR through 2030, drives precision manufacturing across industries like automotive (40% market share), aerospace (25%), and electronics (20%) (haishucnclathe.com, 2025). CNC lathes deliver tolerances as tight as ±0.004 mm, boosting efficiency by 30–40% and reducing material [...]