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Automatic Filament Winding Machines In Response To Surging Demand For Composite Materials: Powering Innovation and Expansion in the Automatic Filament Winding Machines Market by 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Automatic Filament Winding Machines Market Through 2025?
In the past few years, the market size for automatic filament winding machines has seen a swift increase. A rise from $1.64 billion in 2024 to $1.85 billion in 2025 is forecasted with a composite annual growth rate (CAGR) of 12.7%. The escalation during the historical period is due to the surge in demand for materials that are lightweight yet strong, increased automation in manufacturing, a boost in requirement for composite materials, advancement in technology and significant investment in research and development.
What's the Projected Size of the Global Automatic Filament Winding Machines Market by 2029?
In the following years, the market size for automatic filament winding machines is anticipated to undergo swift expansion, rising to $2.89 billion by 2029. This represents a compound annual growth rate (CAGR) of 11.8%. Factors contributing to this growth during the projection period include a surge in demand for sustainable, environment-friendly materials, the growth of aerospace and defense sectors, increased use of composite materials in the automotive field, progress in robotics and automation, and the enforcement of strict rules and standards for lightweight, high-strength materials use. Further, the market in the forecast period will be characterized by trends such as heightened automation, the integration of IoT and data analytics, improved material compatibility, better energy efficiency, and increased customization and flexibility.
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Top Growth Drivers in the Automatic Filament Winding Machines Industry: What's Accelerating the Market?
The automatic filament winding machine market is projected to grow due to the increasing need for composite materials. These materials are engineered products created by merging two or more distinct types of constituents with varied physical or chemical properties. Used in the production of composite materials, automatic filament winding machines manufacture high-strength structures such as pressure tanks, aircraft parts, and automobile parts with precision and efficiency. For example, data from AVK, a reinforced plastics industry association based in Germany, in May 2023 indicates that the value of the worldwide composites industry in 2022 exceled to 12.7 million metric tons. This reflects an increase of 5% in comparison to 12.1 million tons the previous year. Consequently, this growing demand for composite materials propels the market for automatic filament winding machines.
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What Are the Key Trends Driving Automatic Filament Winding Machines Market Growth?
In the automatic filament winding machines market, leading corporations have directed their focus towards the innovation of technologically superior products such as automated fiber winding and filament placement machines. These machines are high-end production equipment engineered to automate the winding process of materials like fiberglass onto a rotating mandrel. For instance, in October 2023, a manufacturing and technology firm based in the US, CompoTech, unveiled 'Turnkey'. This device is an automated fiber winding and filament placement machine, integrating a FANUC (Rochester Hills, Mich., USA) M-20iA/20M complete with an R-30iB six-axis robot arm and a remote controller unit, and Shneg 2.0, a fiber placement and winding software developed in-house. This software converts design specifications into a production program, facilitating the precise production of carbon fiber components. All machines come with standard program preparation winding codes for commonly manufactured products, such as round tubes, beams, and n-edge profiles, in addition to operator training and extensive system support.
What Are the Main Segments in the Automatic Filament Winding Machines Market?
The automatic filament winding machinesmarket covered in this report is segmented -
1) By Type: 2-Axis Filament Winding Machine, 3-Axis Filament Winding Machine, 4-Axis Filament Winding Machine, 5-Axis And 6-Axis Filament Winding Machine
2) By Application: Pressure Vessels, Pipes and Tanks
3) By End-Use Industries: Aerospace And Defense, Automotive
Subsegments:
1) By 2-Axis Filament Winding Machine: Manual Control 2-Axis Machines, Automated Control 2-Axis Machines
2) By 3-Axis Filament Winding Machine: Manual Control 3-Axis Machines, Automated Control 3-Axis Machines
3) By 4-Axis Filament Winding Machine: Manual Control 4-Axis Machines, Automated Control 4-Axis Machines
4) By 5-Axis and 6-Axis Filament Winding Machine: 5-Axis Machines, 6-Axis Machines, Automated Control Systems for 5-Axis And 6-Axis Machines
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Which Top Companies are Driving Growth in the Automatic Filament Winding Machines Market?
Major companies operating in the automatic filament winding machines market report are Murata Machinery Ltd., GTI Composite, Ingersoll Machine Tools, Magnum Venus Products (MVP), Pultrex, Advanced Composites Inc., Cygnet Texkimp, Autonational Composite Machinery, Mikrosam, EMAI Composites, Vem Technologies S.r.l., Matrasur Composites, Engineering Technology Corp. (Toray), Roth Composite Machinery, MF Tech, Comec Innovative Srl, Hille Engineering, X-Winder LLC, Beijing Vidatech, Schmidt and Heinzmann GmbH & Co. KG, McClean Anderson, Harbin Composite Equipment, Shanghai Vanguard Composites Technique, Cincinnati Composite Machines (CCM), Rooks Automation, TANIQ BV, Shenzhen HONEST Intelligent Equipment Co. Ltd.
Which Regions Will Dominate the Automatic Filament Winding Machines Market Through 2029?
North America was the largest region in the automatic filament winding machines market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automatic filament winding machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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