According to our (Global Info Research) latest study, the global Hub CNC Lathe market size was valued at US$ 677 million in 2025 and is forecast to a readjusted size of US$ 955 million by 2032 with a CAGR of 4.9% during review period.
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$/Unit. The production capacity of Hub CNC Lathe reaches 12,600 units, and the industry's gross profit margin is approximately between 25% and 45%.
Driving factors in the hub CNC lathe market include the growth and upgrading of automotive production and remanufacturing, as OEMs, tier-1 suppliers and wheel/hub refurbishers need dedicated machines to turn, face and profile wheel hubs, brake discs and related components with high precision and repeatability. The push for vehicle safety, NVH optimization and tighter dimensional tolerances in both ICE and EV platforms drives demand for lathes that can ensure consistent runout, surface finish and concentricity. At the same time, expansion of the aftermarket for wheel repair and brake disc resurfacing—driven by higher vehicle parc, alloy wheel penetration and stricter inspection standards—supports smaller, flexible hub lathes suitable for workshops and service centers.
This report is a detailed and comprehensive analysis for global Hub CNC Lathe market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Hub CNC Lathe market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K US$/Unit), 2021-2032
Global Hub CNC Lathe market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K US$/Unit), 2021-2032
Global Hub CNC Lathe market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (K US$/Unit), 2021-2032
Global Hub CNC Lathe market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (K US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Hub CNC Lathe
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Hub CNC Lathe market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Hub CNC Lathe market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Vertical Lathe
Horizontal Lathe
Market segment by Automation
Fully Automatic
Semi-Automatic
Market segment by Precision
Standard Precision Type
High Precision Type
Market segment by Application
Passenger Vehicles
Commercial Vehicles
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hub CNC Lathe product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hub CNC Lathe, with price, sales quantity, revenue, and global market share of Hub CNC Lathe from 2021 to 2026.
Chapter 3, the Hub CNC Lathe competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hub CNC Lathe breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Hub CNC Lathe market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hub CNC Lathe.
Chapter 14 and 15, to describe Hub CNC Lathe sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Hub CNC Lathe. Industry analysis & Market Report on Hub CNC Lathe is a syndicated market report, published as Global Hub CNC Lathe Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Hub CNC Lathe market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.