Global Desktop CNC Machines Market Overview
According to Global Market Monitor, the global desktop CNC machines market size was $458.31 million in 2023 with a CAGR of 7.45% from 2023 to 2029.
Downstream Fields Analysis
Desktop CNC machines are automated conventional machines that can be mounted on a workbench in which the motion and function are controlled using 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 quality. The desktop CNC machines acquire less floor space, which provides ease of 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. By application, the industrial & commercial segment occupied the biggest share. Desktop CNC machines are designed for large-area engraving work such as industrial or prototype building, model making, PCB, advertising signs, artwork, crafts, aircraft models, RC model parts, etc.
Market Trends
Moreover, extensive use of Desktop CNC applications in various industries 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 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.
North America |
Big production market Technology and talent advantages Multi-channel supply A mature industrial chain |
Europe |
Big market Technology advantages |
China |
Big production market Strong potential downstream demand Constant improvement of and economy, and technology |
Japan |
Strong downstream demand Technology edge, High product standard |
South America |
Potential market |
India |
Potential market |
Middle East and Africa |
Potential market |
Global Desktop CNC Machines Market Status
Orders from China's industrial mother-machine enterprises have soared since 2024, especially in the market demand for medium and high-end machine tools. With the increasing maturity of the domestic machine tool industry chain, the localization of high-end CNC machine tools has accelerated significantly. Machine tool companies seize market opportunities and speed up the layout of overseas markets, such as Southeast Asia, Europe, and other regions. Data shows that the export value of machine tools was $3.38 billion, an increase of 14.0% from January to February 2024.
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