AUTOMATED FIBER PLACEMENTS AND AUTOMATED TAPE LAYING MACHINES MARKET ANALYSIS

Regional Analysis

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North America has established itself as the dominant region in the global automated fiber placements and automated tape laying machines market. The region is expected to hold 35.1% of the market share in 2024. With the presence of major companies like Mazak Corporation and Cincinnati Incorporated, the U.S. has become the global production and development hub for these machines. Major aerospace companies like Boeing and Airbus have their manufacturing bases in the U.S., driving significant demand for automated fiber placement technology to be utilized in aircraft component manufacturing.

The automotive industry is also growing rapidly in the U.S. and Canada, with more emphasis being given to the use of lightweight composites. This is increasing the need for automated fiber placement machines that can handle high production volumes required in the automotive sector. Additionally, the region has a highly developed industrial infrastructure with presence of skilled workforce familiar with advanced manufacturing technologies. This allows seamless integration of new automated fiber placement systems into the production lines.

On the other hand, the Asia Pacific region is emerging as the fastest growing market. Presence of developing economies like China and India is providing numerous opportunities for expansion of composites end-use industries like wind energy, construction and infrastructure. Both countries are aggressively investing in renewable energy projects and construction of public infrastructure like bridges, tunnels etc., where automated fiber placement machines can offer design and production benefits.

China especially is making huge investments in wind turbine manufacturing capacity expansion. This is attracting major wind turbine OEMs to set up local manufacturing bases in China. They are increasingly adopting automated tape laying machines to cater to the high production volumes needed in the growing Chinese wind energy market.