Automated fiber placements (AFPs) and automated tape laying (ATLs) machines are computer-controlled machines used to accurately deposit or place fiber reinforced composite materials like carbon fibers, fiberglass and aramid fibers onto molds in the aerospace and other manufacturing industries. AFPs and ATLs allow manufacturers to achieve precise fiber placement, high fiber volume and complex geometries compared to labor-intensive hand layup processes.

The global automated fiber placements and automated tape laying machines market is estimated to be valued at US$ 982.2 million in 2023 and is expected to exhibit a CAGR of 4.1% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:
The increasing demand from the aerospace industry is one of the major drivers of growth in the automated fiber placements and automated tape laying machines market. Aerospace remains one of the major end-use industries for AFP and ATL machines owing to increased use of carbon composites in manufacturing aircraft components. According to estimates, composites now account for 50% of the materials used in modern aircraft. This is expected to significantly drive the demand for AFP and ATL machines in the industry. Another driver is the increasing popularity of lightweight composite materials in other end-use industries such as marine, transportation and wind energy. Automated AFP and ATL deposition helps achieve precise fiber placement required for complex structural components. This growing demand for composites is expected to drive the need for AFP and ATL machines during the forecast period.

SWOT Analysis

Strength: The automated fiber placements and automated tape laying machines market has been witnessing high demand from aerospace and defense industries for the last few years. The increasing demand for lightweight yet stronger aircraft components is driving the adoption of AFP and ATL machines. These machines can precisely place carbon fibers, fiberglass and other reinforcing materials to manufacture composite parts with high strength and stiffness.

Weakness: Initial investment required for setting up AFP and ATL machines is significantly high which is a major barrier for small and medium enterprises. Also, maintenance and repair of these complex machines require specialized skills which increase overall operating costs.

Opportunity: Development of novel materials like hybrid composites provide opportunities to manufacturers of AFP and ATL machines to develop advanced machines with multi-material laying capabilities. Growing demand for commercial aircraft from emerging economies in Asia and Middle East offers huge growth potential for market players.

Threats: Volatility in raw material prices especially that of carbon fibers impact the production costs. Strong dependence of AFP and ATL machine manufacturers on aerospace industry makes them vulnerable to any slowdown in aircraft orders and delivery schedules.

Key Takeaways

The Global Automated Fiber Placements And Automated Tape Laying Machines Market Share is expected to witness high over the forecast period of 2024 to 2031. The accelerated growth can be attributed to increasing production rates of commercial aircraft by leading manufacturers and rising aircraft backlogs. The global automated fiber placements and automated tape laying machines market is estimated to be valued at US$ 982.2 million in 2023 and is expected to exhibit a CAGR of 4.1% over the forecast period 2024 to 2031.

Regional analysis: North America region currently dominates the global market owing to concentration of major aircraft OEMs and tier players in the region. USA and Canada are rapidly adopting AFP and ATL machines to cater to growing aircraft part requirements. Asia Pacific region is expected to witness fastest growth due to expanding aviation industry in China and low cost manufacturing advantages. Countries like India and Japan are also emerging as key markets.

Key players: Key players operating in the automated fiber placements and automated tape laying machines market are Electroimpact Inc., Accudyne Systems, Inc., M.Torres Diseños Industriales S.A.U., Mikrosam AD, Coriolis Composites Technologies SAS and Fives. These players are focusing on developing new machine models with enhanced production throughput and material testing capabilities. Partnerships with aircraft and aerospace part manufacturers are helping them boost revenues.

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