Market Overview:
The Global Engraving Machines Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for engraved products in various industries such as construction, material processing, wood processing, and others. Laser engraving machines are witnessing high demand due to their superior quality and accuracy as compared to mechanical engraving machines. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to the growing industrial sector in countries such as China and India.
Product Definition:
Engraving machines are used to cut or carve designs into a hard surface. This can be done with a variety of tools, including needles or lasers. Engraving machines are often used for decorative purposes, such as on jewelry or metalwork. They can also be used for more practical purposes, such as printing serial numbers on products.
Laser Engraving Machine:
Laser engraving machine is used in industries such as medical, military, and commercial for marking a wide variety of products including metal plates, glass & plastic bottles, ceramic tiles and so on. The laser beam used in these machines is usually generated by a CO2 laser which operates at 2 microns. This beam when applied to the surface gives an excellent quality mark with minimum wastage of material. Laser engraving machines are available in two forms namely stationary and portable types.
Mechanical Engraving Machine:
A mechanical engraving machine is used in the market for engraving machines. It is also known as a metal cutting machine, or rotary blade press. A mechanical engraving machine consists of a base, an arm that holds the workpiece and a rotary blade that does the actual work of cutting or etching.
Application Insights:
The construction industry accounted for the largest share of engraving machines in 2017 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for architectural designs, corporate logos, and other graphics on building materials such as tiles, bricks, glass panels etc.
The material processing application segment is also estimated to witness significant growth during the forecast period owing to rising demand from various industries including automotive & transportation and packaging sectors for manufacturing components or consumer goods with specific designs or features. Processing of metal foils into printing plates by means Engraving Machine For Metal Foils is one such example where high-end technology machinery are used along with skilled operators who have years of experience in handling these types of equipment efficiently resulting in increased production output which boosts market growth further.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. These countries are witnessing strong economic growth owing to various factors such as industrial development, urbanization, population expansion & immigration etc.
The growing population has resulted in increased demand for consumer goods such as automobiles and household appliances among others which will drive the regional market further. Furthermore, rapid industrialization coupled with government support aimed at promoting manufacturing activities will augment industry growth over the next eight years.
Europe accounted for a significant share of revenue in 2017 owing to high product adoption across numerous applications including construction industry and wood processing among others that utilize engraving machines for decorative purposes or marking identification tags on materials or components during material handling operations or transportation within plants/factories/warehouses etc., thereby driving regional demand over the projected period from 2018 to 2030 (see Figure 1).
Growth Factors:
- Increasing demand for customized and personalized products
- Growing popularity of engraved gifts and souvenirs
- Rising demand from the automotive industry
- Increasing use of engraving machines in medical applications
- Growing popularity of laser engraving technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Engraving Machines Market Research Report
By Type
Laser Engraving Machine, Mechanical Engraving Machine
By Application
Construction Industry, Material Processing, Wood Processing, Others
By Companies
Roland DGA, Gravograph, Able Engraving, Newing-Hall, KP Rayner, Pepetools, DATRON, Trotec, Universal Laser Systems, Laserstar Technologies, Epilog Laser, Sintec Optronics, Kern Laser Systems, Vytek Laser Systems, KAITIAN LASER
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Engraving Machines Market Report Segments:
The global Engraving Machines market is segmented on the basis of:
Types
Laser Engraving Machine, Mechanical Engraving Machine
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
Construction Industry, Material Processing, Wood Processing, Others
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:
- Roland DGA
- Gravograph
- Able Engraving
- Newing-Hall
- KP Rayner
- Pepetools
- DATRON
- Trotec
- Universal Laser Systems
- Laserstar Technologies
- Epilog Laser
- Sintec Optronics
- Kern Laser Systems
- Vytek Laser Systems
- KAITIAN LASER
Highlights of The Engraving 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:
- Laser Engraving Machine
- Mechanical Engraving Machine
- By Application:
- Construction Industry
- Material Processing
- Wood Processing
- Others
- 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 Engraving 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?
Engraving machines are used to create intricate designs or text on metal, wood, or other materials. They use a variety of cutting and engraving tools to create the desired effect.
Some of the key players operating in the engraving machines market are Roland DGA, Gravograph, Able Engraving, Newing-Hall, KP Rayner, Pepetools, DATRON, Trotec, Universal Laser Systems, Laserstar Technologies, Epilog Laser, Sintec Optronics, Kern Laser Systems, Vytek Laser Systems, KAITIAN LASER.
The engraving machines market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Engraving Machines Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Engraving Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Engraving Machines Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Engraving Machines Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Engraving Machines Market Size & Forecast, 2020-2028
4.5.1 Engraving Machines Market Size and Y-o-Y Growth
4.5.2 Engraving Machines Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Laser Engraving Machine
5.2.2 Mechanical Engraving Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction Industry
6.2.2 Material Processing
6.2.3 Wood Processing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Engraving Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Engraving Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Laser Engraving Machine
9.6.2 Mechanical Engraving Machine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction Industry
9.10.2 Material Processing
9.10.3 Wood Processing
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Laser Engraving Machine
10.6.2 Mechanical Engraving Machine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction Industry
10.10.2 Material Processing
10.10.3 Wood Processing
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Laser Engraving Machine
11.6.2 Mechanical Engraving Machine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction Industry
11.10.2 Material Processing
11.10.3 Wood Processing
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Laser Engraving Machine
12.6.2 Mechanical Engraving Machine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction Industry
12.10.2 Material Processing
12.10.3 Wood Processing
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Laser Engraving Machine
13.6.2 Mechanical Engraving Machine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction Industry
13.10.2 Material Processing
13.10.3 Wood Processing
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Engraving Machines Market: Competitive Dashboard
14.2 Global Engraving Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Roland DGA
14.3.2 Gravograph
14.3.3 Able Engraving
14.3.4 Newing-Hall
14.3.5 KP Rayner
14.3.6 Pepetools
14.3.7 DATRON
14.3.8 Trotec
14.3.9 Universal Laser Systems
14.3.10 Laserstar Technologies
14.3.11 Epilog Laser
14.3.12 Sintec Optronics
14.3.13 Kern Laser Systems
14.3.14 Vytek Laser Systems
14.3.15 KAITIAN LASER
