Global Hub CNC Lathe Market Growth 2026-2032
Description
The global Hub CNC Lathe market size is predicted to grow from US$ 644 million in 2025 to US$ 924 million in 2032; it is expected to grow at a CAGR of 5.2% from 2026 to 2032.
The hub CNC lathe is an intelligent CNC machine tool specifically designed for high-precision repair and processing of automotive, motorcycle and commercial vehicle wheel hubs (steel rims or aluminum alloy rims). In 2025, global Hub CNC Lathe production reached approximately 10,123 units, with an average global market price of around 65 K US$/Unit. The production capacity of Hub CNC Lathe reaches 12,600 units, and the industry's gross profit margin is approximately between 25% and 45%.
Driving factors in the hub CNC lathe market include the growth and upgrading of automotive production and remanufacturing, as OEMs, tier-1 suppliers and wheel/hub refurbishers need dedicated machines to turn, face and profile wheel hubs, brake discs and related components with high precision and repeatability. The push for vehicle safety, NVH optimization and tighter dimensional tolerances in both ICE and EV platforms drives demand for lathes that can ensure consistent runout, surface finish and concentricity. At the same time, expansion of the aftermarket for wheel repair and brake disc resurfacing—driven by higher vehicle parc, alloy wheel penetration and stricter inspection standards—supports smaller, flexible hub lathes suitable for workshops and service centers.
LP Information, Inc. (LPI) ' newest research report, the “Hub CNC Lathe Industry Forecast” looks at past sales and reviews total world Hub CNC Lathe sales in 2025, providing a comprehensive analysis by region and market sector of projected Hub CNC Lathe sales for 2026 through 2032. With Hub CNC Lathe sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hub CNC Lathe industry.
This Insight Report provides a comprehensive analysis of the global Hub CNC Lathe landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hub CNC Lathe portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hub CNC Lathe market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hub CNC Lathe and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hub CNC Lathe.
This report presents a comprehensive overview, market shares, and growth opportunities of Hub CNC Lathe market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vertical Lathe
Horizontal Lathe
Segmentation by Automation:
Fully Automatic
Semi-Automatic
Segmentation by Precision:
Standard Precision Type
High Precision Type
Segmentation by Application:
Passenger Vehicles
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
HYUNDAI WIA Machine Tools
Okuma Corporation
Bochi Machine Tool
NEWAY
EMAG Machine Tools
Victor Taichung
Qichuan Machine Tool
Jinan First Machine
Beijing Prosper Precision Machine Tool
Chunya Machine Tool
Prosper CNC
Haishu Machinery
Chengda Machine Tool
Weili Heavy Industry
Yuzhuo Machinery
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hub CNC Lathe market?
What factors are driving Hub CNC Lathe market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hub CNC Lathe market opportunities vary by end market size?
How does Hub CNC Lathe break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The hub CNC lathe is an intelligent CNC machine tool specifically designed for high-precision repair and processing of automotive, motorcycle and commercial vehicle wheel hubs (steel rims or aluminum alloy rims). In 2025, global Hub CNC Lathe production reached approximately 10,123 units, with an average global market price of around 65 K US$/Unit. The production capacity of Hub CNC Lathe reaches 12,600 units, and the industry's gross profit margin is approximately between 25% and 45%.
Driving factors in the hub CNC lathe market include the growth and upgrading of automotive production and remanufacturing, as OEMs, tier-1 suppliers and wheel/hub refurbishers need dedicated machines to turn, face and profile wheel hubs, brake discs and related components with high precision and repeatability. The push for vehicle safety, NVH optimization and tighter dimensional tolerances in both ICE and EV platforms drives demand for lathes that can ensure consistent runout, surface finish and concentricity. At the same time, expansion of the aftermarket for wheel repair and brake disc resurfacing—driven by higher vehicle parc, alloy wheel penetration and stricter inspection standards—supports smaller, flexible hub lathes suitable for workshops and service centers.
LP Information, Inc. (LPI) ' newest research report, the “Hub CNC Lathe Industry Forecast” looks at past sales and reviews total world Hub CNC Lathe sales in 2025, providing a comprehensive analysis by region and market sector of projected Hub CNC Lathe sales for 2026 through 2032. With Hub CNC Lathe sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hub CNC Lathe industry.
This Insight Report provides a comprehensive analysis of the global Hub CNC Lathe landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hub CNC Lathe portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hub CNC Lathe market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hub CNC Lathe and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hub CNC Lathe.
This report presents a comprehensive overview, market shares, and growth opportunities of Hub CNC Lathe market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vertical Lathe
Horizontal Lathe
Segmentation by Automation:
Fully Automatic
Semi-Automatic
Segmentation by Precision:
Standard Precision Type
High Precision Type
Segmentation by Application:
Passenger Vehicles
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
HYUNDAI WIA Machine Tools
Okuma Corporation
Bochi Machine Tool
NEWAY
EMAG Machine Tools
Victor Taichung
Qichuan Machine Tool
Jinan First Machine
Beijing Prosper Precision Machine Tool
Chunya Machine Tool
Prosper CNC
Haishu Machinery
Chengda Machine Tool
Weili Heavy Industry
Yuzhuo Machinery
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hub CNC Lathe market?
What factors are driving Hub CNC Lathe market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hub CNC Lathe market opportunities vary by end market size?
How does Hub CNC Lathe break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
120 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Hub CNC Lathe by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Hub CNC Lathe by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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