The competitive advantage of an automated, true out-of-autoclave composite manufacturing process is realized. Decades of research has been directed toward enhancing technologies and processes such as the automated fiber placement AFP of carbon fiber reinforced thermoplastic CFRTP composite materials. One of the latest technological advancement in the AFP process is the introduction of continuous-wave high power fiber lasers. Together with the development of thermoplastic material systems, it is now possible to in-situ consolidate parts at efficient rates with promising quality. A ring manufacturing setup capable of in-situ consolidation of thermoplastic composite tape is developed for the following study. A set of collimating focusing and beam shaping lens are used to transform a Gaussian beam of a high power continuous-wave fiber laser to a square, top-hatted beam, with uniform intensity profile at the desired working distance. 20-Ply CFRTP PEEK rings, 152 mm in diameter, are manufactured for the experimental studies. Design of Experiments using Taguchi approach is employed to investigate the effect of major process parameters on the mechanical properties of the rings. Effect of placement rate, laser power, and compaction force is evaluated against ILSS of samples. Influence of parameters and a near-optimum point within the processing window is obtained. Compaction force beyond a certain limit is deemed to have the least impact amongst others on ILSS. An optimum set of parameters are then used to produce rings at a 50% higher placement rate compared to those made using hot-gas-torch process. To investigate further increase in placement rates variation of ILSS with laser power is studied for up to 152 mm/s. A decline in ILSS is observed with the increase in placement rate as the degree of intimate contact diminutions. The use of a conformable roller, with transparent to NIR light material, sufficient hardness, and internal cooling is necessary to maintain the degree of intimate contact at higher placement rates. To enhance the degree of autohesion a larger rectangular spot size could be used. However, it is shown that the thermal efficiency decreases as the spot size widens away from the nip point. Finally, the measurement of temperature at nip point suggests that the bonding of up to two preceding layers may be affected at each pass and that to keep a constant nip point temperature for the winding-like manufacturing process the laser power shall vary.