Have you considered etching rather than engraving? I've got a (home-made) pantograph (
CGTK - Pantograph), but I think the etching process is more versatile and a bit easier. I'm sure the easiest and best option would be a CNC router, but then you've got all the space requirements.
There are a couple of different ways you can do etch templates. I've used "press-n-peel" paper, which works okay but is a bit hit & miss. I've also used photolithography, which worked well & I'm sure would get easier with more practice.
The kit you need for photolithography doesn't take up much space, which is definitely a bonus. Off the top of my head:
- A laser printer (or access to one - for occasional use you could just use a local print shop) - the thing you want to etch gets printed on acetate. Having a printer obviously does take space, but it's not workshop space so that doesn't count
- Some UV light bulbs and some means of powering them - I just used some of this sort of light fitting.
- Somewhere to do the image exposure - I used a galvanised steel bucket and a sheet of glass - the UV bulbs go in the bucket and the exposure is done on top of the glass sheet.
- A domestic iron (to adhere the photosensitive paper to the part you're going to etch).
- A light that doesn't emit UV so you can see what you're doing. I used one of these darkroom lights, but yellow lights should work too.
- A stopwatch (I used my phone).
You also need a few consumables:
- Photosensitive dry film - easy to find on ebay
- Photoresist developer - easy to find on ebay
- Some sort of etchant - I used ferric chloride, which I bought about 10 years ago - it lasts a long time!
- Some tape and/or some paint to cover up bits that weren't covered by the photosensitive film.
- Acetone or similar for removing the film after etching.
- Optional: some engraver's black shellac for filling in the etched holes for a nice black mark.
There are lots of photos of my efforts here in case it's of interest. That link takes you to an attempt with press-n-peel paper, but further down the page (and on the next page) there are photos of the photolithography process. I based the process on a clickspring youtube video, but it's one that was on Patreon so not publicly available at the moment. He's in the process of releasing all the patreon videos on youtube, so it should appear in due course.