Global $294.7 Mn AFP/ATL Machines Markets, 2019-2024
DUBLIN, March 1, 2019 /PRNewswire/ --
The "AFP/ATL Machines Market by Machine Type, by End-User Type, and by Region, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global AFP/ATL machines market is forecasted to grow at an impressive rate over the next five years to reach an estimated value of US$ 294.7 million in 2024.
Market Highlights
The disruptive journey of composites in various industries has not been hidden from the world, especially in the aerospace, automotive, wind energy, and marine industries. Among all, aerospace is one industry that has witnessed excellent penetration of advanced composites in the crucial sections including fuselage and wings in the next-generation aircraft: B787 and A350XWB. Today, all the major airframers are not developing their next-generation aircraft without considering the use of composites.
However, the road to success for composites in the aircraft industry was not that easy as it seemed; prepregs are the most felicitous material for fabricating composite parts, that are laid in layers manually, generally at a rate of 2.5 lbs. per hour. It was impossible to fabricate a large number of composite parts with such a low layup rate. In order to meet this challenge, a close collaboration between aircraft OEMs, tier players and composites industry stakeholders was required to develop advanced processes that are fully automated and have an extremely higher layup rate with increased part performance. This factor has led to the successful development of AFP/ATL machines for fabricating aircraft structural parts including fuselage and wings at a greater speed. AFP/ATL machine suppliers are continuously advancing the AFP/ATL processes, especially targeting the increase in the layup rate and the reduction in waste.
The growth of AFP/ATL machines is governed by vast number of factors, among which the benefits offered by these machines over traditional hand layup process coupled with organic growth of the aerospace industry is the prime growth driver. AFP/ATL machines lay prepreg material efficiently at a rate of more than 50 lbs. per hour with improved part quality, which is not possible with the traditional hand layup process. A skilled technician can generally lay prepreg at 2.5 lbs. per hour. These machines are playing a pivotal role in achieving OEMs' focus on the development of lightweight composite parts with reduced cycle time.
Automotive, wind energy and marine are likely to be new focus areas for the market participants in the coming years as these industries are increasingly working on the development of manufacturing processes that efficaciously address their pain areas related to prepreg part manufacturing. Low-cost robotic AFP machine is one such effort made by the machine suppliers that is low cost and speedily lays up prepreg to meet the industry requirements.
The global AFP/ATL machines market is segmented based on the machine type as AFP Machine, ATL Machine, and Hybrid AFP/ATL Machine. AFP machine is expected to remain dominant over the next five years, owing to the development of low-cost AFP machines and increasing acceptance of these machines in a wide array of industries including automotive and space.
Based on the end-user type, the market is segmented as Tier Players, OEMs, and Others. Tier players and OEMs are likely to remain the major procurers of these machines in coming years. Others mainly include universities and research centers, who generally procure AFP/ATL machines for the research and developments purpose to find an innovative solution for various industries.
Based on the region, North America is expected to remain the largest market during the forecast period. The USA is the growth engine of the region's market with the presence of all major aircraft OEMs, tier players, and major AFP/ATL machine suppliers. Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic and upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ).
Key Topics Covered:
1. Executive Summary
2. AFP/ATL Machines Market - Overview and Market Forces
2.1. Introduction
2.2. Market Classification
2.2.1. By Machine Type
2.2.2. By End-User Type
2.2.3. By Region
2.3. Market Drivers
2.4. Market Constraints
2.5. Supply Chain Analysis
2.6. Industry Life Cycle Analysis
2.7. PEST Analysis: Impact Assessment of Changing Business Environment
2.8. Porter's Five Force Model
2.9. SWOT Analysis
3. AFP/ATL Machines Market Analysis - By Machine Type
3.1. Strategic Insights
3.2. AFP Machines Market Trend and Forecast (US$ Million and Units)
3.2.1. Regional Trend and Forecast (US$ Million and Units)
3.3. ATL Machines Market Trend and Forecast (US$ Million and Units)
3.3.1. Regional Trend and Forecast (US$ Million and Units)
3.4. Hybrid AFP/ATL Machines Market Trend and Forecast (US$ Million and Units)
3.4.1. Regional Trend and Forecast (US$ Million and Units)
4. AFP/ATL Machines Market Analysis - By End-User Type
4.1. Strategic Insights
4.2. Tier Players: AFP/ATL Machines Market Trend and Forecast (US$ Million and Units)
4.2.1. Regional Trend and Forecast (US$ Million and Units)
4.3. OEMs: AFP/ATL Machines Market Trend and Forecast (US$ Million and Units)
4.3.1. Regional Trend and Forecast (US$ Million and Units)
4.4. Others: AFP/ATL Machines Market Trend and Forecast (US$ Million and Units)
4.4.1. Regional Trend and Forecast (US$ Million and Units)
5. AFP/ATL Machines Market Analysis - By Region
5.1. Strategic Insights
5.2. Global AFP/ATL Machines Market Analysis, by Country
5.3. North American AFP/ATL Machines Market Analysis
5.3.1. North American AFP/ATL Machines Market T&F, by Machine Type (US$ Million and Units)
5.3.2. North American AFP/ATL Machines Market T&F, by End-User Type (US$ Million and Units)
5.4. European AFP/ATL Machines Market Analysis
5.4.1. European AFP/ATL Machines Market T&F, by Machine Type (US$ Million and Units)
5.4.2. European AFP/ATL Machines Market T&F, by End-User Type (US$ Million and Units)
5.5. Asia-Pacific's AFP/ATL Machines Market Analysis
5.5.1. Asia-Pacific's AFP/ATL Machines Market T&F, by Machine Type (US$ Million and Units)
5.5.2. Asia-Pacific's AFP/ATL Machines Market T&F, by End-User Type (US$ Million and Units)
5.6. RoW's AFP/ATL Machines Market Analysis
5.6.1. RoW's AFP/ATL Machines Market T&F, by Machine Type (US$ Million and Units)
5.6.2. RoW's AFP/ATL Machines Market T&F, by End-User Type (US$ Million and Units)
6. Competitive Analysis
6.1. Strategic Insights
6.2. Product Portfolio Analysis
6.3. Geographical Presence
6.4. New Product Launches'
6.5. Strategic Alliances: Mergers & Acquisitions, Joint Ventures, Collaborations, etc.
6.6. Expert Opinion
6.7. Market Share Analysis
7. Strategic Growth Opportunities
7.1. Strategic Insights
7.2. Market Attractiveness Analysis
7.2.1. Attractiveness Analysis by Machine Type
7.2.2. Attractiveness Analysis by End-User Type
7.2.3. Attractiveness Analysis by Region
7.3. Growth Matrix Analysis
7.4. Emerging Trends
7.5. Key Success Factors
8. Company Profiles of Key Players
8.1. Accudyne System, Inc.
8.2. Automated Dynamics
8.3. Coriolis Composites Technologies SAS
8.4. Electroimpact Inc.
8.5. Fives
8.6. Ingersoll Machine Tools Inc.
8.7. Mikrosam AD
8.8. M.Torres Diseos Industriales S.A.U
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