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AUTOMATED FIBER PLACEMENTS AND AUTOMATED TAPE LAYING MACHINES MARKET ANALYSIS

Automated Fiber Placements And Automated Tape Laying Machines Market, By Machine Type (AFP Machine, ATL Machine, and Hybrid AFP/ATL Machine), By End User (Tier Players, OEMs (Original Equipment Manufacturers), and Others, and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Market Challenges And Opportunities

The major factor restraining growth of the global automated fiber placements and automated tape laying (AFP- ATL) machines market is high capital cost of AFP-ATL machines. The automated fiber placements and automated tape laying (AFP- ATL) machines are expensive and need high capital investment. This is one of the primary restraining factors for growth of the automated fiber placements and automated tape laying (AFP- ATL) machines market.

Also, the automated fiber placements and automated tape laying AFP-ATL machines are very complex and need skilled laborers to operate it. The high cost of automated fiber placements and automated tape laying (AFP-ATL) machines along with the need for highly skilled technicians are key factors that limit its usage in the highly cost-sensitive markets such as automotive and building & construction. For instance, in 2013, National Composites Centre (NCC) invested US$ 4 million in composite manufacturing equipment- automated fiber placement (AFP) machine in Bristol, England

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