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AFP/ATL Machines Market Size to reach an estimated value of US$ 294.7 million in 2024
AFP/ATL Machines Market Report: Trends, Analysis & Forecast up to 2024. Discover associated growth opportunities, market dynamics, success factors and more.

The 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. 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.

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AFP/ATL Machines Market Segment Insights:
By Machine Type:
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.

By End-User Type:
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.

By 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).

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Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
  • • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • • Market trend and forecast analysis
  • • Market segment trend and forecast
  • • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • • Attractive market segments and associated growth opportunities
  • • Emerging trends
  • • Strategic growth opportunities for the existing and new players
  • • Key success factors


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