Automated Fiber Placements and Automated Tape Laying Machines Market, By Machine Type (Automated Fiber Placement (AFP) Machines, and Automated Tape Laying (ATL) Machines), By Material Type (Carbon Fiber, Glass Fiber, and Others), By Application (Aerospace

Automated Fiber Placements and Automated Tape Laying Machines Market, By Machine Type (Automated Fiber Placement (AFP) Machines, and Automated Tape Laying (ATL) Machines), By Material Type (Carbon Fiber, Glass Fiber, and Others), By Application (Aerospace, Automotive, Marine, Industrial, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Global automated fiber placement and automated tape laying machines market has been gaining significant traction over the recent years, owing to growing demand from aerospace and defense as well as wind energy industries. Automated fiber placement and tape laying machines offer superior structural strength and are lightweight as compared to traditional materials. These machines helps in optimizing the production process by eliminating manual labor and reducing wastage of materials. Additionally, continuous advances in robotics and additive manufacturing technologies are expanding the applications of these machines across various end-use sectors.

Market Dynamics:

The global automated fiber placement and automated tape laying machines market is primarily driven by increasing usage of composites in aircraft components manufacturing. Automated fiber placement and tape laying machines helps aircraft OEMs in cutting down production time and optimizing material utilization for composites. However, high costs associated with machines and lack of skilled workforce are some of the factors limiting broader adoption. On the flip side, growing demand for fuel-efficient aircrafts presents significant opportunities. Military modernization programs in emerging nations also promises new revenue streams. Furthermore, diversification into non-aerospace areas such as wind and transportation sector will further aid the market growth over the coming years.

Key Features of the Study:

This report provides in-depth analysis of the global automated fiber placement and automated tape laying machines market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

Key companies covered as a part of this study include Hexcel Corporation, Boeing Company, Northrop Grumman Corporation, Toray Industries, Inc., Spirit AeroSystems, Inc., KUKA AG, AEROTECH, INC., COMPOSITE AUTOMATION, VISTAGY, Inc., TWI Ltd., Siemens AG, Fives Group, 3M Company, Mitsubishi Heavy Industries, Ltd., and ZOLTEK Corporation

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global automated fiber placement and automated tape laying machines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automated fiber placement and automated tape laying machines market

Detailed Segmentation-

By Machine Type Insights (Revenue, US$ Mn, 2019 - 2031)

Automated Fiber Placement (AFP) Machines

Automated Tape Laying (ATL) Machines

By Material Type Insights (Revenue, US$ Mn, 2019 - 2031)

Carbon Fiber

Glass Fiber

Others

By Application Insights (Revenue, US$ Mn, 2019 - 2031)

Aerospace

Automotive

Marine

Industrial

Others

Regional Insights (Revenue, US$ Bn, 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

Hexcel Corporation

Boeing Company

Northrop Grumman Corporation

Toray Industries, Inc.

Spirit AeroSystems, Inc.

KUKA AG

AEROTECH, INC.

COMPOSITE AUTOMATION

VISTAGY, Inc.

TWI Ltd.

Siemens AG

Fives Group

3M Company

Mitsubishi Heavy Industries, Ltd.

ZOLTEK Corporation