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Tension Control - Global Market Outlook (2020-2028)

Tension Control - Global Market Outlook (2020-2028)

4.6 (38 reviews)
Published: May 2021 ID: SMRC20548
4.6 (38 reviews)
Published: May 2021 ID: SMRC20548

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Tension Control Market is accounted for $1,023.31 million in 2020 and is expected to reach $1,719.19 million by 2028 growing at a CAGR of 6.7% during the forecast period. Factors such as the increasing demand from the pharmaceutical industry and growing packaging machinery manufacturing in various developing economies are driving the market growth. However, high capital requirement is hampering the growth of the market.

 

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Tension control is the ability to permanently control the tension, mainly in raw materials that are available in roll size. The tension control mechanism must be efficient at any machine speed phase, including machine acceleration and speed deceleration. Tension control system provides high quality performance level and can be very effective for providing constant unwind tension for many processes.

Based on the component, the load cell/force transducer segment is going to have a lucrative growth during the forecast period owing to the growing adoption of automated tension control in the paper processing and aluminum industry. By geography, Asia Pacific is expected to grow at a faster rate during the forecast period due to the transition towards flexible packaging in the food & beverage industry.

Some of the key players profiled in the Tension Control Market include FMS, Comptrol, Erhardt+Leimer, Montalvo, Dover Flexo Electronics, Owecon, Cleveland Motion Controls, RE Controlli Industriali, Nexen, Double E, Nireco, and Maxcess.

Components Covered:
• Load Cell/Force Transducer
• Diameter Sensor
• Controller
• Brake
• Clutch
• Dancer Roller

Types Covered:
• Manual
• Automated   

Applications Covered:
• Metal & Foil
• Flexible Printing & Packaging
• Paper & Cardboard 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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