The composite repair market is projected to grow from USD 18.6 billion in 2023 to USD 34.2 billion by 2028, at a CAGR of 13.0% during the forecast period. As composite parts replacement is costlier, composite repair is performed on disbands or delamination, holes or punctures, cracks, and other damages to bring back the part to its previous working condition.
The composite repairs industry is highly fragmented . Major players in this market are. Lufthansa Technik AG (Germany), Air France KLM E&M (France), and HAECO (U.S.) are the key players for aerospace composite repairs. Similarly for wind energy, UpWind Solution (U.S.), Total Wind Group A/S (Denmark), and Technical Wind Services (Scotland) are the key players. Citadel Technologies (U.S.), Milliken Infrastructure (U.S.), and T.D. Williamson (U.S.) are the key service provider for FRP pipeline repairs. West Systems (U.S.) and WR composites (U.K.) provide repair works for composite boats. Fibrwraps (U.S.) and Concrete Repairs Ltd. (U.K.) provide repair services for construction industry.
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Composite materials, especially fiber-reinforced composites are used in aerospace, defense, wind energy, automotive, transportation, marine, construction, pipe & tank, electrical & electronics, medical, and sporting goods. The damages occurred during the course of operation in these industries need repair similar to other materials including steel, aluminum, and wood. Lightning, collision, bird strike, erosion, corrosion, or manufacturing defects are the main reasons behind structural or non-structural damage, such as disbands or delamination, holes or punctures, cracks, and other damages. Repair is necessary to bring the structure back to its previous working condition. As composite components are costlier to replace, repair is the most viable and cost-effective option.
LUFTHANSA TECHNIK AG (GERMANY)
Lufthansa Technik (LHT), AG. is one the subsidiaries of Deutsche Lufthansa Group established in 1995, headquartered in Hamburg, Germany. Having experience of almost 20 years in MRO for commercial aircrafts using composite components, Lufthansa positioned itself very well in the composite repairs market. Lufthansa has also invested considerably in autoclave and automated processes and innovative repair technology.To meet the increasing demand of MRO for airframe related components, Lufthanasa has expanded itself by providing ARC services in Tulsa (U.S.), Hamburg (Germany), and Shenzhen (China).
AIR FRANCE-KLM E&M (FRANCE)
AIR FRANCE-KLM (AFIKLM), E&M. is a joint venture of AIR FRANCE and KLM since 2004. Its headquarters is located in Tremblay-en-France, Paris. With combined experience of both parent airlines, it has developed service portfolio suitable for different needs of customers. Also, it has reduced the cost of outsourcing for Air France and KLM. Being ranked second globally for MRO activities, AFIKLM, E&M. has mastered in advanced composite repair and started to provide On-Wing repairs for composite nacelles and airframes.
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HAECO (HONG KONG)
Hong Kong Aircraft Engineering Company Limited (HAECO) was established in November 1950 at Hong Kong. Its headquarters is located at Lantau Islands, Hong Kong. Among all its subsidiaries, Taikoo Spirit AeroSystems (Jinjiang), China provides services of repairs and overhauling of composite structures, formed in 2009 as a result of joint venture of HAECO and Spirit AeroSystems. With a self-sufficient facility, Taikoo Spirit is the largest supplier of aircraft components located in Asia.
UpWind Solutions (US)
UpWind Solutions is a leading brand in wind energy industry, well known for its expertise in installation, maintenance, and repair of windmill blades globally. It was established in 2011, with headquarters in San Diego, U.S. After becoming part of Vestas group in 2015, the company works with increased capabilities and customer base. The company deals with cosmetic and structural blade repair. It also provide leading edge erosion repair and protection along with lightning protection system. The company has experience in repair, inspection, and upgrades for wind turbines manufactured by companies such as GE, Vestas, Siemens, Gamesa, Mitsubishi, and Suzlon.
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