The Future of Aircraft AFP/ATL Composites Market in the forecast period (2019-2024) as predicted by Stratview Research x

The report on Aircraft AFP/ATL Composites to be published by Stratview Research focusses on current trend insights and also predicts about the market condition and its future in the forecast period of 2019 – 2014

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This report, from Stratview Research, studies the global aircraft AFP/ATL composites market over the trend period from 2013 to 2018 and forecast period from 2019 to 2024. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Get a description of the report here: https://www.stratviewresearch.com/442/Aircraft-AFP-ATL-Composites-Market.html

Aircraft Type Segment
The global aircraft AFP/ATL composites market is segmented based on the aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft, General Aviation, Helicopter, and Military Aircraft. Wide-body aircraft are likely to remain the growth engines of the market during the forecast period. Increasing production rates of the next-generation aircraft programs A350XWB and B787 and increasing penetration of composites in newer variants of aircraft, such as B777x, are driving the wide-body aircraft segment. Military aircraft segment is driven by Lockheed Martin F-35 aircraft whose production rate is also increasing with a target of 160 aircraft per annum by 2023.

Application Type Segment
Based on the application type, airframe is likely to remain the most dominant segment during the forecast period, whereas engine components are likely to remain the fastest-growing segment in the same period. Increasing composite content in the latest turbofan engines will continue to drive the demand for lightweight AFP/ATL composites in the engine segment in the foreseen future. Similarly, fuselage and wing sections of both next-generation aircraft (B787 and A350XWB) are made using advanced composites fabricated through AFP/ATL process.

Fiber Type Segment
Based on the fiber type, carbon fiber composite is projected to remain the most dominant as well as the fastest-growing fiber type market over the next five years. Carbon fiber composite offers numerous advantages, such as high strength-to-weight ratio, high tensile and compressive strength, low coefficient of thermal expansion, and high fatigue resistance at lower weight over counterpart glass fiber composites.

Region Wise Segment
Based on regions, North America is projected to remain the largest as well as the fastest-growing market during the forecast period, driven by the world’s largest aircraft OEM, Boeing. The USA is likely to remain the growth engine of the region’s market during the forecast period, driven by all the assembly plants of Boeing as well as Lockheed Martin in the country.

Check the Table of Contents to browse through the report better: https://www.stratviewresearch.com/toc/442/Aircraft-AFP-ATL-Composites-Market.html

Highlights of the Report:
The global aircraft AFP/ATL composites market is projected to grow at an impressive rate over the next five years to reach US$ 4,005.1 million in 2024. Increasing production rates of the next-generation composite-rich aircraft A350XWB, B787, and F-35; introduction of fuel-efficient variants of the best-selling aircraft with a greater composites content:, A320neo and B737 max; Increasing preference of AFP/ATL process for fabricating critical aerospace composite parts; superior benefits of AFP/ATL over the hand layup process; and rising demand for faster production of composite parts in order to produce a large number of aircraft to meet huge order backlogs are giving an impetus to the growth of AFP/ATL composites in the aerospace industry.

The supply chain of this market comprises raw material suppliers, prepreg suppliers, AFP/ATL component manufacturers, tier player, aircraft OEMs, airlines, aircraft leasing companies, and MRO companies. Some of the key players in the aircraft AFP/ATL composites market are Spirit AeroSystems, Premium Aerotech, Kawasaki Heavy Industries, Leonardo S.p.A, Triumph Aerostructures, Mitsubishi Heavy Industries, The Boeing Company, Airbus Group, GKN Aerospace, Bombardier Aerospace, and UTC Aerospace System. The key aircraft OEMs include Boeing, Airbus, Bombardier, Embraer, COMAC, Lockheed Martin, Dassault Aviation, and Gulfstream Aerospace.

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

Know more about us and our reports:
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