desktop cnc machine market share


desktop cnc machine market share by Product Type (CNC Lathe, CNC Milling, and CNC Grinding), application (machinery manufacturing, automotive), and Region (North America, Europe, Asia-Pacific, and RoW) — Global Forecast till 2023

Desktop CNC Machines Market Research

Report By Forecast 2023

Industry Survey, Growth, Competitive Landscape

and Forecasts to 2023


Market Research Future

(Part of Wantstats Research & Media Pvt. Ltd.)


Desktop CNC Machines Market Forecast To 2023

Desktop CNC Machines Market Forecast To 2023

• The global desktop cnc machine market share is progressing fast. As per the report publishes by

Market Research Future (MRFR), the global desktop CNC machines market is set to demonstrate an

impressive growth during 2018 to 2023. Rapid expansion of the manufacturing sector in emerging

economies is supporting the market growth.

• Desktop CNC machines are technologically advanced and thereby have witnesses a rapid uptake. In

recent years, demand for these machines has continued to grow. Increased manufacturing activity

in countries such as China and India has augured well for market players.


Desktop CNC Machines Market Forecast To 2023

“Taste the market data and market information presented through more than 50 market data tables

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TOC & market synopsis on Desktop CNC Machines Market Forecast To 2023”

• CNC machines facilitate precision cutting. These machines can greatly improve the cutting quality.

Modernization and increased focus of quality is partly driving the adoption of desktop CNC

machines. There are several types of CNC machines available today, market players are introducing

special variants for specific applications.

• Desktop CNC machines are witnessing incessant technological transformation. Latest machines

come with a wide range of cutting-edge feature. These machines are integrated with power-drive

grinding wheel. Use of the desktop CNC machines are used for precision cutting for plastic, metals

and a variety of soft materials.

• Industries such as aerospace and automotive are post a strong demand for CNC machines. Used of

such cutting tools enable industries to reduce raw material wastage and greater productivity. The

arrival of desktop CNC machines remains a stepping stone in cutting technology, closing the gap

between design and manufacturing.


Desktop CNC Machines Market Forecast To 2023

Global Desktop CNC Machines Market Segmented on the basis of

MRFR’s report includes a detailed segmental analysis of the market based on application, product type

and region.

By application, key segments include aerospace & defense, automotive, machinery manufacturing and

others. The automotive segment is anticipated retain its leading position throughout the assessment

period. A fast uptake of automation in the automotive industry is the primary growth driver for the

segment. CNC machines are increasingly used for manufacturing highly complex automotive parts.

Moreover, use of CNC machines ensure a faster manufacturing with lower errors or design faulters. The

machines are allowing mass production of certain automotive components which is otherwise difficult.

Based on product type, key segmented include electric polishing machine, CNC Milling Machine and CNC

Lathe. The CNC lathe segment command a significant share of the market and its projected to post an

impressive growth over the forecast period. CNC lathe is a precision cutting machine that is used for

cutting materials having diameter of up to six inches. Nevertheless, domestic application scope is unlikely

to grow for CNC lathe in the c near future while growing opportunities remains limited in industries.


Desktop CNC Machines Market Forecast To 2023

Global Desktop CNC Machines Market - Geographical Analysis

• In the report, the market has been covered across Europe, North America, the Middle East & Africa (MEA),

Europe and South America. APAC currently accounts for nearly one-third share of the global desktop CNC

machines in terms of value. The APAC desktop CNC machines market is projected to witness a strong growth

over the next couple of years. The market in the region is benefiting from incessant growth of the

manufacturing sector in countries such as India, China and South Korea. Macroeconomic factors such as rapid

industrialization and urbanization is also influencing the market growth in APAC.

• Apart from APAC, the market is also expected to witness a healthy progress in Europe and North America.

Presence of a massive manufacturing sector continues to propel the market in these regions.

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Desktop CNC Machines Market Forecast To 2023

Global Desktop CNC Machines Market - Competitive Analysis

• Top-notch companies operating in the market include Stoney CNC (Ireland), PHILICAM (China), Stepcraft

(Germany), Roland (Japan), CAMaster (Georgia), MakerDreams (Venice), Carbide3D (US), Boxzy (US), VELOX CNC

(US), 3D Tek (Australia), RedSail (US), Marchant Dice (England), Rockler (Medina), and Printrbot (US).

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