Military - Laser Marking Machine Market, 2020 - 2027
The global military laser marking machine market size was valued at US$ 174.1 million in 2020 and is estimated to grow at a compound annual growth rate (CAGR) of 9.8% from 2020 to 2027.
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Military - Laser marking machine market highlights
- The global military segment generated a revenue of USD 174.1 million in 2020 and is expected to reach USD 334.7 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 10% by 2027.
- In terms of region, Asia Pacific was the largest revenue generating market in 2020.
- Country-wise, Canada is expected to register the highest CAGR from 2021 to 2027.
Market summary
| Market revenue in 2020 | USD 174.1 million |
| Market revenue in 2027 | USD 334.7 million |
| Growth rate | 10% (CAGR from 2021 to 2027) |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
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Laser Marking Machine Market Scope
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