A turret lathe is a type of machine tool used for shaping and machining metal and other materials. It features a rotating turret that holds multiple cutting tools, allowing for quick changes between operations. This design enhances productivity by enabling the machine to perform various tasks, such as drilling, turning, and threading, without needing to stop and change tools manually. Turret lathes are commonly used in manufacturing settings for producing small to medium-sized parts in large quantities. They are particularly useful for repetitive tasks, making them ideal for industries like automotive and aerospace, where precision and efficiency are crucial.