Canada Laser Marking Machine Market Size & Outlook

The laser marking machine market in Canada is expected to reach a projected revenue of US$ 458.0 million by 2027. A compound annual growth rate of 10.8% is expected of Canada laser marking machine market from 2021 to 2027.
Revenue, 2020 (US$M)
$222.9
Forecast, 2027 (US$M)
$458.0
CAGR, 2021 - 2027
10.8%
Report Coverage
Canada

Canada laser marking machine market highlights

  • The Canada laser marking machine market generated a revenue of USD 222.9 million in 2020 and is expected to reach USD 458.0 million by 2027.
  • The Canada market is expected to grow at a CAGR of 10.8% from 2021 to 2027.
  • In terms of segment, fiber laser was the largest revenue generating laser type in 2020.
  • Fiber Laser is the most lucrative laser type segment registering the fastest growth during the forecast period.

Laser marking machine market data book summary

Market revenue in 2020USD 222.9 million
Market revenue in 2027USD 458.0 million
Growth rate10.8% (CAGR from 2020 to 2027)
Largest segmentFiber laser
Fastest growing segmentFiber Laser
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationCO2 Laser, Fiber Laser, Green Laser, UV Laser, YAG Laser
Key market players worldwideAllied Telesis Holdings KK, Trotec Laser, MECCO, Seaforce, Han's Laser Technology Industry Group, Epilog Laser, TYKMA Electrox, Inc., LaserStar Tech USA, Gravotech

Other key industry trends

  • In terms of revenue, Canada accounted for 8.1% of the global laser marking machine market in 2020.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2027.
  • In North America, U.S. laser marking machine market is projected to lead the regional market in terms of revenue in 2027.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 458.0 million by 2027.

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Laser Marking Machine Market Scope

Laser marking machine market segmentation & scope
CO2 Laser
Fiber Laser
Green Laser
UV Laser
YAG Laser
Automotive
Aerospace
Machine Tool
Electronics and Microelectronics
Medical
Packaging
Military
Others

Laser Marking Machine Market Companies

Name Profile # Employees HQ Website

Canada laser marking machine market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laser marking machine market will help companies and investors design strategic landscapes.


Fiber laser was the largest segment with a revenue share of 42.08% in 2020. Horizon Databook has segmented the Canada laser marking machine market based on co2 laser, fiber laser, green laser, uv laser, yag laser covering the revenue growth of each sub-segment from 2016 to 2027.


  • Canada Laser Marking Machine Laser Type Outlook (Revenue, USD Million, 2016-2027)
    • CO2 Laser
    • Fiber Laser
    • Green Laser
    • UV Laser
    • YAG Laser
  • Canada Laser Marking Machine Application Outlook (Revenue, USD Million, 2016-2027)
    • Automotive
    • Aerospace
    • Machine Tool
    • Electronics and Microelectronics
    • Medical
    • Packaging
    • Military
    • Others

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  • Our clientele includes a mix of laser marking machine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada laser marking machine market, including forecasts for subscribers. This country databook contains high-level insights into Canada laser marking machine market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Canada laser marking machine market size, by laser type, 2016-2027 (US$M)

Canada Laser Marking Machine Market Share, 2020 & 2027 (US$M)

Canada laser marking machine market size, by laser type, 2016-2027 (US$M)

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