Novanta Revenue, Growth & Competitor Profile

DBA GSI GROUP CORPORATION

Company Profile & Annual Report for Novanta

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Novanta Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	333243 Sawmill, Woodworking & Paper Machinery Manufacturing
Additional NAICS Codes	333 Machinery Manufacturing
Address	125 Middlesex Turnpike Bedford, MA 01730

Novanta's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Novanta's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Novanta is classified as operating in the Sawmill, Woodworking & Paper Machinery Manufacturing industry, NAICS Code 333243.

Novanta is a publicly traded company on using the ticker symbol GSIG. Detailed information on company financials and operating reports can be found here: : GSIG

Novanta Annual Revenue and Growth Rate

Novanta	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Novanta's revenues are gauged from an analysis of company filings.

Trademark Applications

Trademark applications show the products and services that Novanta is developing and marketing. Novanta doesn't have any recent trademark applications, indicating Novanta is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
VERTO laser scan head and laser processing sub-system for laser processing systems and equipment	07/27/2022
FIREFLY 3D Optical scan heads for beam positioning in industrial lasers	08/04/2021
MOVIA Analog scan heads for beam positioning in industrial lasers	08/04/2021

See all trademarks and details in the Full Report.

Market Share of Novanta's Largest Competitors

A competitive analysis shows these companies are in the same general field as Novanta, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
XYLEM	Washington, DC	100
INGERSOLL-RAND INDUSTRIAL U.S.	Davidson, NC	98
DRESSER	Houston, TX	69
ITT	White Plains, NY	45
ATLAS COPCO NORTH AMERICA	Parsippany, NJ	37
TIMKEN	North Canton, OH	33
ABG OPERATING	Savannah, TN	32
BARRY-WEHMILLER COMPANIES	St. Louis, MO	32
NEXTRACKER	Fremont, CA	30

Nearby Competitors

These companies are similar in business line and location to Novanta. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
NOVANTA	Bedford, MA	100
BERKSHIRE GREY	Bedford, MA	10
MILARA	Milford, MA	5
RIZE	Concord, MA	1
N2 BIOMEDICAL	Bedford, MA	1
ARTEMIS CAPITAL PARTNERS MANAG	Concord, MA	1

Future Competition: Novanta's Fastest Growing Competitors

These companies are in the same general field as Novanta and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)