Automated fiber placement

Aerospace Composite Market to Reach $87.0 Billion, Globally, by 2032 at 11.5% CAGR: Allied Market Research

Retrieved on: 
Friday, December 8, 2023
Growth, Carbon, PDF, AFP, BGA, Table, ATL, Weight, ALT, Automated fiber placement, Carbon fibers, Airline

PORTLAND, Ore., Dec. 8, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Aerospace Composite Market by Fiber Type (Carbon Fiber, Glass Fiber, Aramid Fiber, and Other), Manufacturing Process (ATL Or AFP, Filament Winding, Resin Transfer Molding, Hand Layup, and Other), Aircraft (Commercial Aircraft, Business &General Aviation, Civil Helicopter, and Other): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global aerospace composite market was valued at $29.6 billion in 2022 and is estimated to reach $87.0 billion by 2032, exhibiting a CAGR of 11.5% from 2023 to 2032.

Key Points: 
  • This is due to carbon fiber composites are employed in the construction of fuselage sections, reducing overall weight while maintaining structural integrity.
  • This can include seat structures, interior panels, and other non-structural elements where weight reduction is a priority.
  • However, the business and general aviation segment is projected to manifest the highest CAGR of 12.0% from 2023 to 2032.
  • This is due the fact that the U.S. is a global leader in aerospace technology and innovation, and it heavily relies on aerospace composites.

Leading Aerospace Manufacturer Implemented Plataine's AI Solution to Digitize and Automate their Production Process

Retrieved on: 
Thursday, November 16, 2023
Automation, Digital thread, Documentation, AFP, Industrial internet of things, History, AI, Temperature, RFID, Automated fiber placement, Medical device

HIGH POINT, N.C., Nov. 16, 2023 /PRNewswire-PRWeb/ -- An American Aerospace Manufacturer implemented Plataine's AI-based solution to digitize, automate and optimize their material flow and production processes. Plataine's solutions were implemented to automate manual, paper-based processes, improve operational efficiency, and eliminate costly errors.

Key Points: 
  • Automation of material receiving, thawing and flow throughout the production process resulted in improved quality, increased capacity and cost savings
    HIGH POINT, N.C., Nov. 16, 2023 /PRNewswire-PRWeb/ -- An American Aerospace Manufacturer implemented Plataine's AI-based solution to digitize, automate and optimize their material flow and production processes.
  • It is thrilling to be working with a world leading aerospace manufacturer as they pursue their goal of digitizing their entire manufacturing process.
  • The company implemented Plataine's AI cloud-based solution to automate the entire material flow from receiving, through handling to the production of the final part.
  • Plataine's AI-based software will ensure efficient and automated production processes that will assist them in remaining a cutting-edge manufacturer."

Global Automated Fiber Placement (AFP) and Automated Tape Layup (ATL) Composites Markets, 2015-2020 & 2021-2026

Retrieved on: 
Wednesday, October 6, 2021
CAGR, Original equipment manufacturer, COVID-19, Spirit AeroSystems, ATL, Carbon, F-35, AFP, Northrop Grumman, Acquisition, Continuum, Growth, Technology, A220, Competitive analysis, Automated fiber placement, US, Industry, Airline, Carbon fibers, News

Global AFP/ATL composites market is subjected to grow at a promising CAGR of 10.8% to reach US$ 3.1 Billion in 2026.

Key Points: 
  • Global AFP/ATL composites market is subjected to grow at a promising CAGR of 10.8% to reach US$ 3.1 Billion in 2026.
  • These are generally used to manufacture large components in the aircraft industry such as fuselage sections, wings, and nose cone.
  • In numbers, the AFP/ATL composites market logged a massive decline of -33.9% in 2020, creating a lag of at least five years in the market.
  • Based on the resin type, the AFP/ATL composites market is segmented as thermoset composites and thermoplastic composites.

Global Automated Fiber Placement (AFP) and Automated Tape Layup (ATL) Composites Market Report 2021-2026 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 6, 2021
Other Manufacturing, Manufacturing, CAGR, Original equipment manufacturer, COVID-19, Spirit AeroSystems, ATL, Carbon, F-35, AFP, Northrop Grumman, Acquisition, Continuum, Growth, Technology, A220, Competitive analysis, Automated fiber placement, US, Industry, News, Airline, Carbon fibers

The "AFP/ATL Composites Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "AFP/ATL Composites Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • Global AFP/ATL composites market is subjected to grow at a promising CAGR of 10.8% to reach US$ 3.1 Billion in 2026.
  • In numbers, the AFP/ATL composites market logged a massive decline of -33.9% in 2020, creating a lag of at least five years in the market.
  • Based on the resin type, the AFP/ATL composites market is segmented as thermoset composites and thermoplastic composites.

Park Aerospace Corp. Announces Date of First Quarter Earnings Release and Conference Call

Retrieved on: 
Thursday, July 1, 2021
Materials, Composite materials, Ceramic materials, Materials science, Automated fiber placement, Advanced composite materials, AFP, Park Aerospace Corp, Matter

The Company will conduct a conference call to discuss such results at 11:00 a.m. EDT on the same day.

Key Points: 
  • The Company will conduct a conference call to discuss such results at 11:00 a.m. EDT on the same day.
  • The conference call dial-in number is 844-466-4114 in the United States and Canada and 765-507-2654 in other countries and the required passcode is 1577955.
  • Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets.
  • Park offers an array of composite materials specifically designed for hand lay-up or automated fiber placement (AFP) manufacturing applications.

Global Automated Fiber Placements and Automated Tape Laying Machines Market 2021-2028: Aerospace Industry is Growing and Manufacturers are searching for innovative ways to ramp up Production - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 27, 2021
Aerospace, Manufacturing, Automated fiber placement, Automation

The "Automated Fiber Placements and Automated Tape Laying Machines Market - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automated Fiber Placements and Automated Tape Laying Machines Market - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.
  • The aerospace industry is growing and manufacturers are searching for innovative ways to ramp up production.
  • For such fabrication process companies use Automated Fiber Placements and Automated Tape Laying (AFP- ATL) machines.
  • Global Automated Fiber Placements and Automated Tape Laying (AFP- ATL) Machines Market, By Machine Type:

Global Automated Fiber Placements and Automated Tape Laying (AFP- ATL) Machines Market Is Estimated to Account For US$ 439.6 Mn by End of 2028, Says Coherent Market Insights (CMI)

Retrieved on: 
Friday, May 14, 2021
Chemicals, Plastics, Consumer electronics, Technology, Manufacturing, Audio, Video, Other Manufacturing, Automated fiber placement, Automation

In addition to providing high-quality results, these systems also help reduce costs due to their speed, low running costs, and excellent thermal conductivity.

Key Points: 
  • In addition to providing high-quality results, these systems also help reduce costs due to their speed, low running costs, and excellent thermal conductivity.
  • Rising automation in the aerospace industry is expected to drive growth of the global automated fiber placements and automated tape laying (AFP-ATL) machines market during the forecast period.\nAutomation has proven to be numerous advantages within the aerospace industry.
  • Hence, these factors are expected to drive growth of the global automated fiber placements and automated tape laying (AFP-ATL) machines market during the forecast period.\n2.
  • Thus, these factors are expected to propel the global automated fiber placements and automated tape laying (AFP-ATL) machines market growth in the near future.\nAmong regions, North America is expected to witness significant growth in the global automated fiber placements and automated tape laying (AFP-ATL) machines market during the forecast period.

Park Aerospace Corp. Announces Date of Fiscal Year Earnings Release and Conference Call

Retrieved on: 
Monday, May 10, 2021
Materials, Composite materials, Automated fiber placement, Advanced composite materials, AFP, Matter

The Company will conduct a conference call to discuss such results at 11:00 a.m. EDT on the same day.

Key Points: 
  • The Company will conduct a conference call to discuss such results at 11:00 a.m. EDT on the same day.
  • Forward-looking and other material information may be discussed in this conference call.
  • Park offers an array of composite materials specifically designed for hand lay-up or automated fiber placement (AFP) manufacturing applications.
  • As a complement to Park\xe2\x80\x99s advanced composite materials offering, Park designs and fabricates composite parts, structures and assemblies and low volume tooling for the aerospace industry.

Park Aerospace Corp. CEO to Speak at Annual Needham Virtual Growth Conference

Retrieved on: 
Monday, January 11, 2021
Materials, Automated fiber placement, Park Aerospace Corp, Advanced composite materials, Composite material, Matter

NEWTON, Kansas, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE PKE) announced that its Chairman and Chief Executive Officer, Brian Shore, will speak at the 23rd Annual Needham Virtual Growth Conference on Thursday January 14, 2021 at 11:30 a.m. EST.

Key Points: 
  • NEWTON, Kansas, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE PKE) announced that its Chairman and Chief Executive Officer, Brian Shore, will speak at the 23rd Annual Needham Virtual Growth Conference on Thursday January 14, 2021 at 11:30 a.m. EST.
  • Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets.
  • Park offers an array of composite materials specifically designed for hand lay-up or automated fiber placement (AFP) manufacturing applications.
  • As a complement to Parks advanced composite materials offering, Park designs and fabricates composite parts, structures and assemblies and low volume tooling for the aerospace industry.

Park Aerospace Corp. Announces Date of Third Quarter Earnings Release and Conference Call

Retrieved on: 
Monday, January 4, 2021
Composite materials, Materials, Ceramic materials, Materials science, Automated fiber placement, Advanced composite materials, AFP, Park Aerospace Corp, Matter

The Company will conduct a conference call to discuss such results at 11:00 a.m. EST on the same day.

Key Points: 
  • The Company will conduct a conference call to discuss such results at 11:00 a.m. EST on the same day.
  • The conference call dial-in number is 844-466-4114 in the United States and Canada and 765-507-2654 in other countries and the required passcode is 4883755.
  • Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets.
  • Park offers an array of composite materials specifically designed for hand lay-up or automated fiber placement (AFP) manufacturing applications.