Tension Control Market Forecasts to 2028 – Global Analysis By Component (Diameter Sensor, Brake, Clutch), Type (Manual, Automated), Application (Metal & Foil, Flexible Printing & Packaging, Paper & Cardboard) and By Geography
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.
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.
• Load Cell/Force Transducer
• Diameter Sensor
• Dancer Roller
• Metal & Foil
• Flexible Printing & Packaging
• Paper & Cardboard
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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