The AFP/ATL Machines Market to reach an estimated value of US$ 294.7 million in 2024

Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the AFP/ATL Machines Market, answers all the important questions.

Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global AFP/ATL Machines Market.
The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2019-2024.
The important questions the report answers are:
1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?
These questions and many more, big and small, are all discussed in the report in great detail.

Request a Sample: https://www.stratviewresearch.com/Request-Sample/467/afp-atl-machines-market.html

The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.
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

The Growth Prognosis & its Drivers
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. 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.

The Hegemony of Mikrosam AD.
The key AFP/ATL machine manufacturers are M.Torres Diseños Industriales S.A.U, Electroimpact Inc., Coriolis Composites technologies SAS, Ingersoll Machine Tools Inc., Fives, Accudyne System, Inc., Automated Dynamics, and Mikrosam AD.

Table Of Contents: https://www.stratviewresearch.com/toc/467/afp-atl-machines-market.html

The undisputed Dominance of the North America
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).

Emerging Trends: AFP machine is expected to remain dominant over the next five years
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.

Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html

400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
Email-sales@stratviewresearch.com

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

This release was published on openPR.