Automated Fiber Placement Market size is estimated to be USD 1.75 Billion in 2024 and is expected to reach USD 3.95 Billion by 2033 at a CAGR of 9.7% from 2026 to 2033.
The global Automated Fiber Placement (AFP) market size was valued at USD 2.16 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 14.5% from 2023 to 2030. The increasing demand for lightweight and high strength materials in industries such as aerospace, automotive, and defense is a significant driver of the market. AFP technology, which enhances production efficiency and allows for the creation of complex composite parts, is expected to witness increased adoption across these sectors. The rise of automation in manufacturing processes is further pushing the demand for AFP solutions, particularly for high performance applications that require precision and minimal human intervention.
Regionally, North America held the largest share of the Automated Fiber Placement market in 2022, accounting for approximately 40% of the total market share. This dominance is driven by the strong presence of aerospace and defense industries, particularly in the United States, which are early adopters of AFP technology. Europe is also a significant market for AFP, with Germany, France, and the UK emerging as key contributors to the regional market growth. The Asia Pacific region, especially China and Japan, is expected to experience the highest growth rate during the forecast period, attributed to the increasing manufacturing activities and demand for lightweight composites in automotive and other industrial applications. As the market continues to evolve, the increasing need for automation and technological advancements in fiber placement processes will present numerous opportunities for market expansion across various regions.
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Accudyne Systems
Electroimpact
MAG
Northrop Grumman
Mikrosam
Coriolis Composites
Camozzi
Fives
MTorres
Automated Dynamics
Trelleborg
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automated Fiber Placement Market
Automated Fiber Placement (AFP)
Automated Tape Laying (ATL)
Aerospace & Defense
Automotive
Wind Energy
Marine
Other Industrial Applications
Carbon Fiber
Glass Fiber
Aramid Fiber
Other Fiber Types
Aerospace & Defense
Automotive
Energy
Sports & Leisure
Others
Layup Process
Consolidation Process
Cutting Process
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automated Fiber Placement Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automated Fiber Placement Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automated Fiber Placement Market, By Type
6. Global Automated Fiber Placement Market, By Application
7. Global Automated Fiber Placement Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automated Fiber Placement Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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