Press release
Driven by the need for automation, AFP/ATL Machines market is expected to grow beyond USD 294.7 million
Market & Growth Prognosis: Analysing the market over a period of 2013-18, Stratview Research goes to the crux of the issues shaping the market and estimates the most probable future growth rate for the AFP/ATL Machines market during the period 2019-24.Stratview Research triangulates the market to breach the barrier of USD 294.7 Million by 2024.
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The Diverse Stand Points
The true picture of the market shall not emerge till the time the market is analysed from various point of views. Each vantage point give better understanding of the market. The market of AFP/ATL Machines has been view from various perspectives such as:
Dissection by Segments
Machine Type AFP, ATL & Hybrid AFP/ATL Machine
End-user Type OEMs and Tier Players & Others
by Region North America, Europe, Asia-Pacific, and RoW
Each view helps us answer a prominent question, and we bring out the best market intelligence which is of interest to each and every player in the market, no matter where he lies in the value chain.
The answers to the prominent questions which are evinced out of above slicing of the market are:
● Which are the best performing segments of the market?
● Which is the most dominant region?
● Which material is the most promicing?
● Who are the movers and shakers of the market?
● What are the regional growth hotspots?
● What are the segmental growth forecasts?
The Factors Driving the market
Tending to the most frequent questions and problems that consume the psyches of business visionaries and leaders, the new report of "Stratview Research" on the AFP/ATL Machines, responds to all the significant inquiries.
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.
Driven by demand, North America has the hegemony over the market
As far as areas, 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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The Report Highlights:
The Research Report offers a detailed look into market, its robust growth perspective, the factors influencing the industry, the competition intensity and a peek into the future.
The following are the key features of the report:
● Strategic segmentation
● Market analysis: Growth drivers and constraints, Porter’s five forces
● analysis, SWOT analysis
● Detailed Competitive Rivalry landscaping
● Market trend and forecast analysis
● Future Growth Boulevards
Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry:
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