Laser marking is becoming increasingly necessary with expanded regulations requiring engraving on manufactured products for labelling, identifying, and security purposes. The global laser marking machine market was estimated at US$2.21 billion in 2016 and is expected to grow to US$3.38 billion by 2024, according to a “Global Laser Marking Machine Market Size and Forecast, 2014-2024,” a report by HexaResearch. The variety of laser marking products available across numerous price ranges has had a positive effect, yet high initial investment has limited expansive market growth. Of all segments (CO2, Fibre, Green, UV, and YAG lasers), the fibre laser marking machine market is expected to see the fastest growth due to the system’s flexibility and easy integration in production lines. For applications, the machine tool market was the largest segment in 2016, accounting for 30.7 per cent of the overall laser marking market. With expanded regulations for engraving on manufactured products for labelling, identifying, and security purposes, this segment is expecting rapid growth. Mike Clarke, a sales representative for Trotec Laser Canada, Mississauga, Ont., recently discussed the latest...