Market Overview:
The Global Desktop CNC Machines Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for desktop CNC machines from various end-use industries such as machinery manufacturing, automobile, aerospace & defense, and others. In addition, the growing awareness about the benefits of using desktop CNC machines is also contributing to the market growth. Based on type, the global desktop CNC machines market can be segmented into cnc lathe machine, cnc milling machine, cnc grinding machine and other types. Among these segments, cnc milling machine held a dominant position in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to its ability to produce high precision parts with tight tolerances in a shorter time frame when compared with other types of desktop CNC machines. Based on application, machinery manufacturing accounted for majority share of global desktop CNC machines market in 2017.
Product Definition:
Desktop CNC Machines are those machines which can be used to fabricate three-dimensional objects by using Computer Numerical Control (CNC). They are also called mini-mills. These machines are important because they allow the user to create objects that cannot be created with traditional methods or tools.
CNC Lathe:
CNC Lathe is a tool that is used to cutlery, small parts, or work pieces in the metal or other hard materials. The material can be changed by changing the spindle speeds and feeds as per requirement. CNC lathes are widely used for manufacturing automotive components such as gears, engine parts, shafts and many more due to its ability to produce high-quality cuts at a faster rate than manual machines.
CNC Milling Machine:
CNC milling machine is used in the manufacturing of metal parts and plastic components by using high-speed rotating tool. CNC milling machines are widely used for producing precision metal parts, automotive components, aircraft parts, etc. The global desktop CNC market size was valued at USD 6 billion in 2015 and is expected to grow at a significant rate over the forecast period owing to its ability to produce three-dimensional structures with complex geometry.
Application Insights:
The machinery manufacturing segment dominated the global desktop CNC machines market in 2017 and is expected to witness a significant growth over the forecast period. The growth can be attributed to increasing demand for precision-engineered products from various industries, including automotive, construction, aerospace and defense. Moreover, rising demand for high-precision machine tools in developing countries such as India and China is expected to drive the market over the forecast period.
Automobile manufacturing was another major application segment that accounted for a considerable share of 13.9% in 2017 owing to increasing production levels of passenger cars and commercial vehicles across various regions including Asia Pacific and North America. In addition, growing investments by foreign companies such as Ford Motor Company; General Motors Company; Volkswagen AG; Hyundai Motor Co.; Toyota Motors Corporation; Nissan Motor Co., Ltd.; Mitsubishi Heavy Industrial Limited among others are anticipated to boost industry expansion over the next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is likely to grow at a significant rate over the forecast period. This growth can be attributed to increasing demand from end-use industries such as aerospace, automotive, manufacturing, etc. In addition, rising investments by companies for developing their production capabilities are also expected to drive regional market growth during the forecast period.
The Asia Pacific desktop CNC machines market by country (China & India) was valued at USD X million in 2017 and is projected to expand at a CAGR of XX% from 2018 through 2030 owing high demand for computer numerical control machines with higher precision machining capability offered by these tools among manufacturers operating within various industrial sectors including automotive; electrical & electronics; construction; food processing & packaging among others across China.
Growth Factors:
- Increasing demand for customized products: The desktop CNC machines market is witnessing an increase in demand for customized products, owing to the growing trend of personalization. This is driving the adoption of desktop CNC machines among consumers, who are looking for unique and personalized products.
- Rising popularity of DIY projects: Home improvement and Do-It-Yourself (DIY) projects are gaining popularity among consumers, which is fueling the growth of the desktop CNC machines market. Consumers are increasingly using desktop CNC machines to fabricate custom parts and components for their DIY projects.
- Growing use of 3D printing: 3D printing technology is gaining traction among consumers due to its ability to produce complex shapes and designs with high accuracy levels. This is boosting the adoption of desktop CNC machines as they can be used to create custom 3D prints using various materials such as plastic, metal, wood, and others.
Scope Of The Report
Report Attributes
Report Details
Report Title
Desktop CNC Machines Market Research Report
By Type
CNC Lathe, CNC Milling Machine, CNC Grinding Machine, Other
By Application
Machinery Manufacturing, Automobile, Aerospace & Defense, Other
By Companies
Inventables, Carbide3D, Stoney CNC, VELOX CNC, PHILICAM, Marchant Dice, Stepcraft, Other Machine, Printrbot, Roland, 3D Tek, CAMaster, Rockler, MakerDreams, RedSail, Boxzy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Desktop CNC Machines Market Report Segments:
The global Desktop CNC Machines market is segmented on the basis of:
Types
CNC Lathe, CNC Milling Machine, CNC Grinding Machine, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Machinery Manufacturing, Automobile, Aerospace & Defense, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Inventables
- Carbide3D
- Stoney CNC
- VELOX CNC
- PHILICAM
- Marchant Dice
- Stepcraft
- Other Machine
- Printrbot
- Roland
- 3D Tek
- CAMaster
- Rockler
- MakerDreams
- RedSail
- Boxzy
Highlights of The Desktop CNC Machines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- CNC Lathe
- CNC Milling Machine
- CNC Grinding Machine
- Other
- By Application:
- Machinery Manufacturing
- Automobile
- Aerospace & Defense
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Desktop CNC Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Desktop CNC machines are a type of 3D printing technology that allows users to create objects using a computer-controlled milling machine.
Some of the major players in the desktop cnc machines market are Inventables, Carbide3D, Stoney CNC, VELOX CNC, PHILICAM, Marchant Dice, Stepcraft, Other Machine, Printrbot, Roland, 3D Tek, CAMaster, Rockler, MakerDreams, RedSail, Boxzy.
The desktop cnc machines market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Desktop CNC Machines Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Desktop CNC Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Desktop CNC Machines Market - Supply Chain
4.5. Global Desktop CNC Machines Market Forecast
4.5.1. Desktop CNC Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Desktop CNC Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Desktop CNC Machines Market Absolute $ Opportunity
5. Global Desktop CNC Machines Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Desktop CNC Machines Market Size and Volume Forecast by Type
5.3.1. CNC Lathe
5.3.2. CNC Milling Machine
5.3.3. CNC Grinding Machine
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Desktop CNC Machines Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Desktop CNC Machines Market Size and Volume Forecast by Application
6.3.1. Machinery Manufacturing
6.3.2. Automobile
6.3.3. Aerospace & Defense
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Desktop CNC Machines Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Desktop CNC Machines Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Desktop CNC Machines Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Desktop CNC Machines Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Desktop CNC Machines Demand Share Forecast, 2019-2026
9. North America Desktop CNC Machines Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Desktop CNC Machines Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Desktop CNC Machines Market Size and Volume Forecast by Application
9.4.1. Machinery Manufacturing
9.4.2. Automobile
9.4.3. Aerospace & Defense
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Desktop CNC Machines Market Size and Volume Forecast by Type
9.7.1. CNC Lathe
9.7.2. CNC Milling Machine
9.7.3. CNC Grinding Machine
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Desktop CNC Machines Demand Share Forecast, 2019-2026
10. Latin America Desktop CNC Machines Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Desktop CNC Machines Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Desktop CNC Machines Market Size and Volume Forecast by Application
10.4.1. Machinery Manufacturing
10.4.2. Automobile
10.4.3. Aerospace & Defense
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Desktop CNC Machines Market Size and Volume Forecast by Type
10.7.1. CNC Lathe
10.7.2. CNC Milling Machine
10.7.3. CNC Grinding Machine
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Desktop CNC Machines Demand Share Forecast, 2019-2026
11. Europe Desktop CNC Machines Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Desktop CNC Machines Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Desktop CNC Machines Market Size and Volume Forecast by Application
11.4.1. Machinery Manufacturing
11.4.2. Automobile
11.4.3. Aerospace & Defense
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Desktop CNC Machines Market Size and Volume Forecast by Type
11.7.1. CNC Lathe
11.7.2. CNC Milling Machine
11.7.3. CNC Grinding Machine
11.7.4. ther
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Desktop CNC Machines Demand Share, 2019-2026
12. Asia Pacific Desktop CNC Machines Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Desktop CNC Machines Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Desktop CNC Machines Market Size and Volume Forecast by Application
12.4.1. Machinery Manufacturing
12.4.2. Automobile
12.4.3. Aerospace & Defense
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Desktop CNC Machines Market Size and Volume Forecast by Type
12.7.1. CNC Lathe
12.7.2. CNC Milling Machine
12.7.3. CNC Grinding Machine
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Desktop CNC Machines Demand Share, 2019-2026
13. Middle East & Africa Desktop CNC Machines Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Desktop CNC Machines Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Desktop CNC Machines Market Size and Volume Forecast by Application
13.4.1. Machinery Manufacturing
13.4.2. Automobile
13.4.3. Aerospace & Defense
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Desktop CNC Machines Market Size and Volume Forecast by Type
13.7.1. CNC Lathe
13.7.2. CNC Milling Machine
13.7.3. CNC Grinding Machine
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Desktop CNC Machines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Desktop CNC Machines Market: Market Share Analysis
14.2. Desktop CNC Machines Distributors and Customers
14.3. Desktop CNC Machines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Inventables
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Carbide3D
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Stoney CNC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. VELOX CNC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. PHILICAM
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Marchant Dice
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stepcraft
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Other Machine
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Printrbot
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Roland
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. 3D Tek
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CAMaster
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Rockler
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. MakerDreams
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. RedSail
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Boxzy
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
