The global automated fiber placements and automated tape laying (AFP- ATL) machines market was valued at US$ 244.7 Million in 2020 and is expected to surpass US$ 439.6 Million by 2028, registering a CAGR of 8.0% during the forecast period (2021-2028), according to the Global Automated Fiber Placements and Automated Tape Laying (AFP- ATL) Machines Market Report, By Machine Type (AFP Machine, ATL Machine, and Hybrid AFP/ATL Machine), By End User (Tier Players, OEMs (Original Equipment Manufacturers), and Others, and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), published by Coherent Market Insights.
Automated Fiber Placement (AFP) is one of the most advanced methods for fabricating composite structures. This method is used exclusively with continuous fiber reinforced tape. Automated fiber placement machine uses a robot to automatically place material and build a structure one ply (layer) at a time. AFP machines decrease production time per part without having to increase individual machine performance. This enables the creation of higher production rate cells without the need to develop higher performing individual machines and components. For components used in the aerospace industries, where a high level of quality is required, the automated tape laying (ATL) machines reduce layup errors and material waste. For instance, MTorres group offers TORRESFIBERLAYUP, an automated fiber placement (AFP) machine designed to provide the highest productivity when it comes to fabricating high contour carbon fiber aircraft components
Automated fiber placement (AFP) technology is used mainly in the aerospace industry. However, automotive, wind energy, and marine are likely to be new focus areas for the market participants in the near future as these industries are increasingly working on the development of manufacturing processes that efficaciously address their complex work areas related to prepreg part manufacturing. Additionally, manufacturers are focusing on offering Automated Fiber Placement (AFP) machines for manufacturing high scale, high performance components in wind energy and automotive industries. Automated Tape Layup (ATL) or Automated Fiber Placement (AFP) machines are used in the manufacturing of wind turbine blades to reduce labor cost and improve quality. For instance, Coriolis Composites, a leader in the supply of automated fiber placement machines, implemented its solutions for a number of industrial sectors with a strong track record in aeronautics and automotive. The Coriolis Composites offers thermoplastic fiber placement machine for manufacturing automotive structural composite parts.
Global Automated Fiber Placements and Automated Tape Laying (AFP- ATL) Machines Market - Impact of Coronavirus (Covid-19) Pandemic
In commercial aviation, companies are experiencing disruption in production and slowing demand due to lack of availability of workers and travel bans. Demand for spare parts of aircraft is also down since less maintenance is required currently. Therefore, it is estimated to have negative impact on the growth of the global automated fiber placements and automated tape laying (AFP- ATL) machines market as the automated fiber placement (AFP) technology is mainly used in the aerospace industry. Aircraft manufacturers are capital intensive by nature, thus raising short-term concerns about cash flow and liquidity.
Furthermore, aircraft manufacturers are cutting down the production capacities due to decreased demand for aircrafts and its components. This in turn is leading to decreasing demand for automated fiber placements and automated tape laying (AFP- ATL) machines in the aerospace industry.
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Key Trends and Analysis of the Global Automated Fiber Placements and Automated Tape Laying (AFP- ATL) Machines Market:
- The aviation industry in the Europe region exhibited high growth in the recent past. For instance, according to CMI’ analysis, Europe commercial airlines witnessed rapid growth from 2013. In 2019, the number of passengers travelled through airlines in European Union reached almost 1.2 billion from just 0.75 billion in 2009. Furthermore, during the same time frame, the net profit for the commercial airlines also witnessed sharp growth. For instance, according to Eurostat, a government body for European statistics, in the span of 2013 to 2019, net profit for the airline companies reached almost US$ 6.5 billion in 2019 from almost 1 billion in 2013. Thus, considering the rapid growth in the aviation industry in Europe, various aircraft manufacturers are investing in advanced technologies such as automated fiber placements and automated tape laying (AFP-ATL) machines in order to increase their market share. For instance, in June 2015, M.Torres Diseños Industriales S.A.U, a Europe-based fiber placement machines is providing fiber placement machines to Airbus SE, a leading aircraft manufacturing company. Airbus is planning to use advanced technology from M.Torres Diseños Industriales S.A.U to manufacture Airbus’s 'Airbus 350 wings lamination' in the near future. For instance, in June 2015, M.Torres Diseños Industriales S.A.U, a Europe-based fiber placement machines is providing fiber placement machines to Airbus SE, a leading aircraft manufacturing company. Airbus is planning to use advanced technology from M.Torres Diseños Industriales S.A.U to manufacture Airbus’s 'Airbus 350 wings lamination' in the near future.
- Asia Pacific is considered one of the fastest growing regions in the global automated fiber placements and automated tape laying (AFP-ATL) machines market during the forecast period. This is owing to the increasing automation at industrial level coupled with various government policies in order to promote rapid industrialisation in the country. In emerging economies such as India and China, supply chain players plays a crucial role for the both automotive and aviation industries. For instance, according to CMI’ analysis, China aircraft manufacturing industry is expected register CAGR of 5.6% during the period 2020-2027 which will aid the Asia Pacific automated fiber placements and automated tape laying (AFP-ATL) machines market growth.
- Major players operating in the global automated fiber placements and automated tape laying (AFP- ATL) machines market include Ingersoll Machine Tools Inc., Automated Dynamics, M.Torres Industrial Designs, SAU, Electroimpact Inc., MIKROSAM, Accudyne Systems, Inc., Fives, Coriolis Composites.
