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According to the latest research, the global Desktop CNC Machines market size was valued at USD 426.0 million in 2022 and is expected to expand at a CAGR of 7.52% during the forecast period, reaching USD 658.14 million by 2028.
Desktop CNC Machines are automated conventional machines can be mounted on a work bench in which the motion and function are controlled by means of a computer. The computer executes machine control commands to perform machining on a workpiece. This facilitates the production of identical parts in high volumes without compromising on quality.
Extensive use of Desktop CNC software
Moreover, extensive use of Desktop CNC applications in various industries in order to perform smooth operations thereby minimizing human intervention, would also drive the market in upcoming years. Adequate man-power along with increasing use of Desktop CNC technology is expected to improve the productivity to meet the increasing demand in the world market. Heavy R&D investments owing to rising Desktop CNC demand among end-users to enhance the machine design that allows multiple operations including facing, drilling, cutting and grinding would drive the market further. The Desktop CNC machines acquire less floor space, which provides ease in working and does not require any operator or supervisor to constantly monitor the machine operations. In addition, this reduces the need for manual labor and saves operational costs, which is expected to fuel the market demand over the forecast period.
Price Fluctuations of Raw Material
In a whole, the price of raw materials will be in a fluctuation state, which increase the uncertainty about the cost of the industry, sometimes, lead to high cost.
Fierce Competition
Although desktop CNC machines have certain technical barriers, with the technological progress and development of emerging countries, industry competition has intensified. Generally, healthy competition has a good impact on the development of any industry. But for some vicious competition, such as low-price competition, homogenous competition, unfair competition, etc. can disrupt the market competition order and play a negative role in the development of the entire industry.
Emerging countries
For example, China, India are developing their industries, with the progress of economy and technology, the increase demand of downstream, the market of Inductor and Transformer has great market potential.
Region Overview:
In 2022, the share of the Desktop CNC Machines market in North America stood at 30.21%.
Company Overview:
Carbide3D is one of the major players operating in the Desktop CNC Machines market, holding a share of 3.21% in 2023.
Carbide3D
An engineering and product design company based in Torrance, California.
STEPCRAFT
STEPCRAFT is among the international market leaders in the field of multifunction CNC systems. Beyond that, we develop, produce and distribute different system-guided tools, such as the HF Spindle, Laser, 3D Printing Head, and the Drag Knife. As we work closely together with local suppliers, STEPCRAFT products proudly carry the seal of quality "Made in Germany".
Segmentation Overview:
By type, Material Processing segment accounted for the largest share of market in 2022.
Material Processing
Desktop CNC machines can be controlled by computer software to engrave or cut materials, such as wood, plastic, composite materials, non-ferrous metals, etc. And various kind of material can be processed into different shapes to meet the needs of production and life.
3D Printing
Desktop CNC machines also have the function of 3D printing, 3D printing is any of various processes in which material is joined or solidified under computer control to create a three-dimensional object, with material being added together.
Make PCB’s
A printed circuit board (PCB) mechanically supports and electrically connects electronic components using conductive tracks, pads, and other features etched from copper sheets laminated onto a non-conductive substrate. A printed circuit board has pre-designed copper tracks on a conducting sheet. The pre-defined tracks reduce the wiring, thereby reducing the faults arising due to loose connections. One simply needs to place the components on the PCB and solder them. Desktop CNC machines can perform these operations very accurately, like make holes in PCB, even with SMT components.
Application Overview:
By application, the Industrial & Commercial segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Desktop CNC Machines industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Desktop CNC Machines. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Desktop CNC Machines Market Report Include:
Market Size Estimates: Desktop CNC Machines market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Desktop CNC Machines market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Desktop CNC Machines market
Segment Market Analysis: Desktop CNC Machines market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Desktop CNC Machines market situations and prospects in major and top regions and countries
Desktop CNC Machines Market
Desktop CNC Machines Industry Chain: Desktop CNC Machines market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Desktop CNC Machines Industry News, Policies by regions
Desktop CNC Machines Industry Porters Five Forces Analysis
Key players in the global Desktop CNC Machines market are covered in Chapter 2:
ShopBot
Bantam Tools
Stepcraft
Pocket NC
Roland
BoXZY
Carbide3D
BobsCNC
Inventables
JFT
Printrbot
CarveWright
MillRight CNC
RedSail
In Chapter 6 and Chapter 9, on the basis of types, the Desktop CNC Machines market from 2018 to 2028 is primarily split into:
Material Processing
3D Printing
Make PCB's
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Desktop CNC Machines market from 2018 to 2028 covers:
Hobbyists
Education
Industrial & Commercial
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Desktop CNC Machines market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Desktop CNC Machines industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Desktop CNC Machines market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Desktop CNC Machines industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Desktop CNC Machines market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Desktop CNC Machines market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Desktop CNC Machines market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Desktop CNC Machines are automated conventional machines can be mounted on a work bench in which the motion and function are controlled by means of a computer. The computer executes machine control commands to perform machining on a workpiece. This facilitates the production of identical parts in high volumes without compromising on quality.
Extensive use of Desktop CNC software
Moreover, extensive use of Desktop CNC applications in various industries in order to perform smooth operations thereby minimizing human intervention, would also drive the market in upcoming years. Adequate man-power along with increasing use of Desktop CNC technology is expected to improve the productivity to meet the increasing demand in the world market. Heavy R&D investments owing to rising Desktop CNC demand among end-users to enhance the machine design that allows multiple operations including facing, drilling, cutting and grinding would drive the market further. The Desktop CNC machines acquire less floor space, which provides ease in working and does not require any operator or supervisor to constantly monitor the machine operations. In addition, this reduces the need for manual labor and saves operational costs, which is expected to fuel the market demand over the forecast period.
Price Fluctuations of Raw Material
In a whole, the price of raw materials will be in a fluctuation state, which increase the uncertainty about the cost of the industry, sometimes, lead to high cost.
Fierce Competition
Although desktop CNC machines have certain technical barriers, with the technological progress and development of emerging countries, industry competition has intensified. Generally, healthy competition has a good impact on the development of any industry. But for some vicious competition, such as low-price competition, homogenous competition, unfair competition, etc. can disrupt the market competition order and play a negative role in the development of the entire industry.
Emerging countries
For example, China, India are developing their industries, with the progress of economy and technology, the increase demand of downstream, the market of Inductor and Transformer has great market potential.
Region Overview:
In 2022, the share of the Desktop CNC Machines market in North America stood at 30.21%.
Company Overview:
Carbide3D is one of the major players operating in the Desktop CNC Machines market, holding a share of 3.21% in 2023.
Carbide3D
An engineering and product design company based in Torrance, California.
STEPCRAFT
STEPCRAFT is among the international market leaders in the field of multifunction CNC systems. Beyond that, we develop, produce and distribute different system-guided tools, such as the HF Spindle, Laser, 3D Printing Head, and the Drag Knife. As we work closely together with local suppliers, STEPCRAFT products proudly carry the seal of quality "Made in Germany".
Segmentation Overview:
By type, Material Processing segment accounted for the largest share of market in 2022.
Material Processing
Desktop CNC machines can be controlled by computer software to engrave or cut materials, such as wood, plastic, composite materials, non-ferrous metals, etc. And various kind of material can be processed into different shapes to meet the needs of production and life.
3D Printing
Desktop CNC machines also have the function of 3D printing, 3D printing is any of various processes in which material is joined or solidified under computer control to create a three-dimensional object, with material being added together.
Make PCB’s
A printed circuit board (PCB) mechanically supports and electrically connects electronic components using conductive tracks, pads, and other features etched from copper sheets laminated onto a non-conductive substrate. A printed circuit board has pre-designed copper tracks on a conducting sheet. The pre-defined tracks reduce the wiring, thereby reducing the faults arising due to loose connections. One simply needs to place the components on the PCB and solder them. Desktop CNC machines can perform these operations very accurately, like make holes in PCB, even with SMT components.
Application Overview:
By application, the Industrial & Commercial segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Desktop CNC Machines industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Desktop CNC Machines. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Desktop CNC Machines Market Report Include:
Market Size Estimates: Desktop CNC Machines market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Desktop CNC Machines market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Desktop CNC Machines market
Segment Market Analysis: Desktop CNC Machines market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Desktop CNC Machines market situations and prospects in major and top regions and countries
Desktop CNC Machines Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Desktop CNC Machines Industry Chain: Desktop CNC Machines market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Desktop CNC Machines Industry News, Policies by regions
Desktop CNC Machines Industry Porters Five Forces Analysis
Key players in the global Desktop CNC Machines market are covered in Chapter 2:
ShopBot
Bantam Tools
Stepcraft
Pocket NC
Roland
BoXZY
Carbide3D
BobsCNC
Inventables
JFT
Printrbot
CarveWright
MillRight CNC
RedSail
In Chapter 6 and Chapter 9, on the basis of types, the Desktop CNC Machines market from 2018 to 2028 is primarily split into:
Material Processing
3D Printing
Make PCB's
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Desktop CNC Machines market from 2018 to 2028 covers:
Hobbyists
Education
Industrial & Commercial
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Desktop CNC Machines market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Desktop CNC Machines industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Desktop CNC Machines market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Desktop CNC Machines industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Desktop CNC Machines market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Desktop CNC Machines market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Desktop CNC Machines market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
