Filament Winding Machine for Pressure Vessels Market size is estimated to be USD 100 Million in 2024 and is expected to reach USD 150 Million by 2033 at a CAGR of 4.5% from 2026 to 2033.
The global filament winding machine for pressure vessels market was valued at USD 2.3 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. The market growth is primarily driven by the increasing demand for lightweight, high strength pressure vessels in industries such as aerospace, automotive, and energy. The growth of renewable energy sources, especially wind and solar energy, also supports the market expansion as filament winding machines are critical in producing high performance pressure vessels used in energy storage systems. The market is segmented by product type, end user industry, and geography, providing a comprehensive view of the dynamics influencing this sector. The pressure vessel applications are expected to remain the largest end user segment in the filament winding machine market, due to the growing demand for these machines in manufacturing pressure vessels for storage and transportation of gases and liquids under high pressure.
Regionally, North America held the largest share of the filament winding machine for pressure vessels market in 2022, accounting for approximately 35% of the total market share. The U.S. is a key contributor due to its strong industrial base and rising adoption of advanced composite materials in pressure vessel applications. Europe is also a significant market, with steady growth projected due to its increasing investments in renewable energy sectors. The Asia Pacific region is anticipated to witness the highest growth during the forecast period, driven by rapid industrialization, growing infrastructure projects, and the rise in energy demands across emerging economies such as China and India. The demand for filament winding machines in the Middle East and Africa is expected to grow steadily, driven by increased oil and gas activities and the growing focus on energy efficiency.
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Roth Composite Machinery
Engineering Technology Corp. (Toray)
Mikrosam
Magnum Venus Products (MVP)
Comec Innovative
McClean Anderson
Cygnet Texkimp
Vem Technologies
Hunan Jiangnan Siling CNC Machinery
Harbin Composite Equipment
Weihai Gernuman
Shaanxi Shenying Equipment Technology
Shanghai Vanguard Composites Technique
Weide Composite Materials Facilities
ZHONGTONG Composite Material Machinery
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 Filament Winding Machine for Pressure Vessels Market
Automated Filament Winding Machines
Manual Filament Winding Machines
Hybrid Filament Winding Machines
Cylindrical Pressure Vessels
Spherical Pressure Vessels
Conical Pressure Vessels
Aerospace
Oil and Gas
Automotive
Military and Defense
Marine
Glass Fiber
Carbon Fiber
Aramid Fiber
CNC Controlled Filament Winding
Robotic Assisted Filament Winding
Traditional Filament Winding
Computer-Aided Design (CAD) Integrated Filament Winding
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 Filament Winding Machine for Pressure Vessels 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 Filament Winding Machine for Pressure Vessels Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Filament Winding Machine for Pressure Vessels Market, By Type
6. Global Filament Winding Machine for Pressure Vessels Market, By Application
7. Global Filament Winding Machine for Pressure Vessels Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Filament Winding Machine for Pressure Vessels Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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