RISING DEMAND OF LATHE MACHINES IN DUBAI
Rising Demand of Lathe Machines in Dubai
A lathe machine rotates an object on an axis while simultaneously performing all required operations. This includes actions such as sawing, drilling, sanding, knurling, facing, timber turning, deformation, etc. This instrument is indispensable in the manufacturing industry because it has so many uses.
Vertical and horizontal lathe devices are the most common. Additionally, the form of lathe machine to employ is dependent upon the application. For instance, a distinct form of machine is applicable to the automotive, general manufacturing, and transportation industries.
The demand for and development of Lathe Machines in Dubai
Metal and plastic pieces of all shapes and sizes can be shaped on lathe tools. This handy device serves a wide variety of functions in workshops and industries worldwide. Cylindrical and conical forms can be made on a machine. General machinery, automotive, aerospace, building, and manufacturing are just some of the fields that benefit from these instruments.
As a worldwide industry, lathes have a regional market. The most important geographical areas are in Asia-Pacific, Latin America, Europe, the Middle East, and Africa. By 2027, analysts predict that the global industry will be worth US$11.9 billion.
In several Arab countries, there is a developing demand for lathe machines. (Middle East & North Africa). Multiple lathe machine Dubai manufacturers from all over the globe capitalize on the high demand for machine tools in the gulf states. AFH tools Dubai supplies the best Lathe machine in Dubai.
Several industries in the Gulf States make use of lathe-machine tools. In the United Arab Emirates, for instance, the oil and gas industry is enormous. This industry fuels machine tool demand in the UAE. However, since there are no domestic manufacturers of lathe machine tools, the UAE relies solely on imports. Companies in the UAE are very concerned with the price of the machine, but they place a premium on purchasing high-quality, productive machines. The majority of imports are well-known brands from countries such as Germany, the United States, Italy, China, Japan, etc.
The oil and gas industry has a significant demand for metal-cutting devices. It is required for drill bits, drilling rigs, various types of pumps, tubular pipelines, and other valuable components. This industry utilizes numerous varieties of machine tools, including horizontal machine centers, CNC turning centers, 3-axis machines, 5-axis machines, etc.
Market data for lathe machines
Lathe tools have a promising future in the Gulf region. This is primarily because of the high demand they have in many different markets, most notably the oil and gas market.
Market forces for lathes include the following:
The United Arab Emirates (UAE) has numerous hydrocarbon fields because it is the world's seventh-largest oil producer.
More than $65 billion annually is generated from hydrocarbon extraction in the UAE.
Daily crude output in the UAE is 3.7 billion barrels.
The United Arab Emirates has abundant natural gas deposits, which should lead to increased demand for lathe machines. It has a natural gas resource of more than 6 trillion cubic meters.
The United Arab Emirates (UAE) machine tool industry increased from $50,000,000 in 2010 to $70.0,000,000 in 2011. In 2012, it was worth 128 million dollars. There were 152 million in 2013 and 181 million in 2014. In 2015, the market was valued at 198 M USD; this is projected to increase to 397 M USD by 2020, reflecting growing demand in Gulf nations.
The demand for lathes around the world has increased dramatically in recent years. The need for a high-quality product, the expansion of the automotive industry, and the accessibility of trained labor are all factors that contribute to the demand.
