Household Engraving Machine Research Report： the global market size is projected to reach USD 0.47 billion by 2030

The household engraving machine is a device based on CNC technology. Its basic working principle is to use computer control equipment to drive the engraving head to perform fine cutting, engraving and engraving on the surface of the material. The home engraving machine needs to be connected to the computer, use professional engraving software to set the scale pattern or text, and then send the scale file to the engraving machine tool for scale processing.

According to the new market research report “Household Engraving Machine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Household Engraving Machine market size is projected to reach USD 0.47 billion by 2030, at a CAGR of 5.8% during the forecast period.

• Global Household Engraving Machine Market Size (US$ Million), 2019-2030

Source: QYResearch, "Household Engraving Machine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

• Global Household Engraving Machine Top 15 Players RankingandMarket Share (Ranking is based on the revenue of 2023, continually updated)

Source: QYResearch, "Household Engraving Machine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

According to QYResearch Top Players Research Center, the global key manufacturers of Household Engraving Machine include Ortur, AP Lazer, Trotec, Epilog Corporation, xTool, Sovol Technology, LaserPecker, Shenzhen Gobelike Technology Co., Ltd., Roland DG, Cricut, etc. In 2023, the global top 10 players had a share approximately 81.9% in terms of revenue.

Ortur is the largest company in the world, accounting for 3.28%, followed by AP Lazer, accounting for 2.60%.

Market Drivers:

D1: The development and application of high-performance DSP motion control technology has promoted the development of engraving machine systems towards high speed and high efficiency.

D2: Home engraving machines can meet the needs of users to create unique items.

Challenge:

C1: High-quality engraving machine equipment is usually expensive, which is a hindrance to market expansion.

C2: As a relatively new product, the market awareness of household engraving machines needs to be improved.

About QYResearch

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