Desktop CNC Machines Market Size, Share, Growth, And Industry Analysis, By Type (Material Processing, 3D Printing and Make PCB’s), By Application (Industrial & Commercial, Education, Hobbyists and Other), Regional Forecast To 2031

Updated On: 08 April 2024

DESKTOP CNC MACHINES MARKET REPORT OVERVIEW 

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The global desktop CNC machines market size was USD 369.56 million in 2021 and is projected to touch USD 813.68 million by 2031, exhibiting a CAGR of 8.21% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with desktop CNC machines experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden decline in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over. 

Desktop CNC machines allow for the creation of three-dimensional objects using computer numerical control (CNC). Additionally known as mini-mills. These tools are crucial because they enable users to make objects that are impossible to make using more conventional techniques or equipment. CNC machines, in a nutshell, are scaled-down counterparts of the industrial CNC machines used by manufacturing organizations. A desktop CNC machine is, as the name suggests, small enough to fit and operate on a typical work desk. Small businesses or DIYers who want to use them for fun can benefit from CNC machines.

There are miniature CNC machines that are small enough for use at home in addition to the standard CNC machines that are found in major production companies. These 'desktop CNC machines' have grown in popularity among do-it-yourselfers. CNC machining has established itself as a ground-breaking production technique. Computers were used in CNC machining to automate the majority of manufacturing processes across numerous industries, replacing completely manual methods. Because of this, production rates have increased, the need for labor has decreased, and greater quality standards have been created.

COVID-19 Impact: Strict Lockdowns to Have Detrimental Effects on the Industry

The COVID-19 outbreak has significantly harmed the industry's whole supply chain. The shutdown of the production and end-use sectors has an effect on the market for desktop CNC machines. Due to the COVID-19 pandemic's abrupt spread, tight lockdown rules were enacted in several countries, which had a detrimental effect on the industry's overall growth. Activities related to the import and export of jump ropes were impacted. Direct effects on supply and demand, supply chain and market disruption, and financial effects on enterprises and financial markets were the three main ways that COVID-19 affected the global economy.

Latest Trends

"Rising Need for Personalization to Augment Market Growth"

Due to the growing trend of personalization, the need for customized products is rising in the market for these machines. Due to their desire for distinctive and customized items, consumers are encouraging the development of machines. This is anticipated to boost desktop CNC machines market growth.

DESKTOP CNC MACHINES MARKET SEGMENTATION 

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• By Type Analysis

According to type, the market can be segmented into material processing, 3d printing and make PCB’S.

In terms of product, 3d printing is the largest segment.

• By Application Analysis

Based on application, the market can be divided into industrial & commercial, education, hobbyists and other.

In terms of application, education is the largest segment.

Driving Factors

"Flexibility of the Machine to Attract Consumers "

A typical CNC machine is enormous and can easily occupy the majority of the shop floor. Massive manufacturers, who frequently handle large workpieces, will benefit from this. The space needed by desktop CNC machines is less. They are the ideal option for tiny enterprises that need the flexibility of a CNC machine but do not have a lot of space. Even CNC routers that are hardly larger than a dishwasher exist. Space is no longer a barrier to utilizing a CNC machine's advantages thanks to desktop CNC machinery.  CNC machines must obviously have less powerful motors, less complex systems, and a smaller build platform due to their smaller size. They are significantly less expensive as a result than full-sized CNC machines.

"User Friendliness of the machine to Uplift Market Profile "

Standard CNC machines are already praised for their user-friendliness, enabling workers to operate them with little or no training. The thing about CNC machines is that after the project's computer code has been loaded, they don't need a lot of human input. The only thing an operator needs to do is change the workpiece or the required tooling. This characteristic is maintained by desktop CNC machines, which also increase their accessibility. The majority of CNC machines are compatible with Windows or Apple operating systems and come with open-source software for loading a CNC programmed code. Some versions make it nearly as easy to print a document as it is to carve a pattern out of a piece of wood.

Restraining Factors

"Large CNC Machines to Impede Market Expansion"

Desktop CNC machines are not designed to perform the demanding tasks that large CNC machines can. A desktop CNC machine can typically process a combination of wood, plastic, or soft metals like copper and aluminum, however this might vary from model to model. It is recommended to leave the handling of harder materials, such as granite and stainless steel, to more powerful tools or large-scale CNC machines.

Although desktop CNC technology has made CNC technology more affordable for hobbyists and small businesses, it is clear that their capabilities have been severely diminished. The equipment had to be scaled back in order to reduce its cost and size. Like in most situations, getting the most out of CNC machines simply requires choosing the appropriate tool for the task at hand.

DESKTOP CNC MACHINES MARKET REGIONAL INSIGHTS 

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"Asia Pacific to Dominate the Market Due to Large Investments "

Over the course of the projected period, Asia Pacific is anticipated to maintain its dominance of the global market. Revenue-wise, the area accounted for a share of more than half and is anticipated to rise rapidly during the forecast period. The increased demand from end-use industries like aerospace, automotive, manufacturing, etc. is responsible for this expansion. Additionally, growing business investments in expanding their production capacities are anticipated to fuel regional market expansion throughout the course of the projection year.

Due to the high demand for computer numerical control machines with higher precision machining capability offered by these tools among manufacturers working in a variety of industrial sectors including automotive, electrical & electronics, construction, food processing and packaging, among others across, the Asia Pacific desktop CNC machines market share.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• PHILICAM (Japan)
• Marchant Dice (U.S.)
• 3D Tek (U.S.)
• ShopBot (U.S.)
• VELOX CNC (U.S.)
• Inventables (U.S.)
• Printrbot (U.S.)
• MakerDreams (U.S.)
• Stepcraft (U.S.)
• CAMaster  (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.