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During the forecast period, the tension control market is anticipated to expand at a CAGR of 6.80%.
The global tension control market is anticipated to grow significantly over the forecast period as a result of rising investment in the manufacturing of packaging machines, particularly for the food & beverage and pharmaceutical sectors. The many advantages of tension control systems are their affordability, great performance, stability, and ability to successfully maintain constant unwind tension for your process. The increasing need for automated tension control is one of the main reasons propelling the tension control market's expansion.
The expansion of flexible printing and packaging, as well as rising import demand for packaging equipment, will all contribute to the tension control industry. The Asia Pacific tension control market is anticipated to be the largest throughout the anticipated timeframe. The increase in demand for packaging machinery imports and manufacture as a result of the conversion to flexible packaging in the food and beverage end-use industry is one of the driving forces for the tension control market in the Asia Pacific region. The increase of pharmaceutical manufacturing will be advantageous for the region's market for tension control. Over the projected period, the market for tension control is anticipated to expand quickly.
Numerous benefits of tension management systems include their low cost, excellent performance level, stability, and potential to deliver extremely consistent unwind tension for your process. One of the key factors fueling the expansion of the tension control market is the rise in demand for automated tension control.
The market for tension control will expand as a result of rising demand for packaging machinery imports and expanding use of flexible printing and packaging. For instance, Western European nation owners of food brands are investing in flexible packaging. By 2022, it is anticipated that Europe's flexible packaging market would be worth USD 15.7 billion. Similar to this, it is anticipated that the flexible packaging market in India will grow. For instance, according to IBEF, the country's market for flexible packaging will grow to 47 million tonnes in packaged food sales.
Based on type, component, application, and geography, the global tension control market has been divided into segments. The market is divided into Load Cell, Controller, Dancer Roller, Diameter Sensor, Brake, and Clutch categories based on component. The growth of automation in the aluminium, paper processing, printing, and packaging sectors, notably in Asia Pacific and Europe, is anticipated to be a major market driver for the load cell segment. Manufacturing of packing machinery is expanding significantly in emerging economies like China and India, especially for the food and beverage and pharmaceutical industries. The market for tension control would rise as a result of these advances during the anticipated timeframe.
Report Coverage
Global Tension Control research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Tension Control report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Tension Control competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Tension Control market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Tension Control market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Tension Control market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Montalvo (US), Maxcess (US), Erhardt+Leimer (Germany), Dover Flexo Electronics (US), Double E (US), Nexen (US), FMS (Switzerland), RE Controlli Industriali (Italy), and Nireco (Japan)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Tension Control market based on the below-mentioned segments:
Global Tension Control Market, By Type
Automated
Manual
Global Tension Control market, By Application
Flexible Printing
Paper
Metal & Foil
Global Tension Control Market, By Component
Load cell
Clutch
Brake
Controller
Dancer Roller
Diameter Sensor
Global Tension Control market, Regional Analysis
The global tension control market is anticipated to grow significantly over the forecast period as a result of rising investment in the manufacturing of packaging machines, particularly for the food & beverage and pharmaceutical sectors. The many advantages of tension control systems are their affordability, great performance, stability, and ability to successfully maintain constant unwind tension for your process. The increasing need for automated tension control is one of the main reasons propelling the tension control market's expansion.
The expansion of flexible printing and packaging, as well as rising import demand for packaging equipment, will all contribute to the tension control industry. The Asia Pacific tension control market is anticipated to be the largest throughout the anticipated timeframe. The increase in demand for packaging machinery imports and manufacture as a result of the conversion to flexible packaging in the food and beverage end-use industry is one of the driving forces for the tension control market in the Asia Pacific region. The increase of pharmaceutical manufacturing will be advantageous for the region's market for tension control. Over the projected period, the market for tension control is anticipated to expand quickly.
Numerous benefits of tension management systems include their low cost, excellent performance level, stability, and potential to deliver extremely consistent unwind tension for your process. One of the key factors fueling the expansion of the tension control market is the rise in demand for automated tension control.
The market for tension control will expand as a result of rising demand for packaging machinery imports and expanding use of flexible printing and packaging. For instance, Western European nation owners of food brands are investing in flexible packaging. By 2022, it is anticipated that Europe's flexible packaging market would be worth USD 15.7 billion. Similar to this, it is anticipated that the flexible packaging market in India will grow. For instance, according to IBEF, the country's market for flexible packaging will grow to 47 million tonnes in packaged food sales.
Based on type, component, application, and geography, the global tension control market has been divided into segments. The market is divided into Load Cell, Controller, Dancer Roller, Diameter Sensor, Brake, and Clutch categories based on component. The growth of automation in the aluminium, paper processing, printing, and packaging sectors, notably in Asia Pacific and Europe, is anticipated to be a major market driver for the load cell segment. Manufacturing of packing machinery is expanding significantly in emerging economies like China and India, especially for the food and beverage and pharmaceutical industries. The market for tension control would rise as a result of these advances during the anticipated timeframe.
Report Coverage
Global Tension Control research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Tension Control report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Tension Control competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Tension Control market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Montalvo (US), Maxcess (US), Erhardt+Leimer (Germany), Dover Flexo Electronics (US), Double E (US), Nexen (US), FMS (Switzerland), RE Controlli Industriali (Italy), and Nireco (Japan) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Tension Control Market from 2021 to 2030.
- Market Forecast for Tension Control Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Tension Control competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Tension Control
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Tension Control market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Tension Control market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Montalvo (US), Maxcess (US), Erhardt+Leimer (Germany), Dover Flexo Electronics (US), Double E (US), Nexen (US), FMS (Switzerland), RE Controlli Industriali (Italy), and Nireco (Japan)
Primary Target Market
- Market Players of Tension Control
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Tension Control market based on the below-mentioned segments:
Global Tension Control Market, By Type
Automated
Manual
Global Tension Control market, By Application
Flexible Printing
Paper
Metal & Foil
Global Tension Control Market, By Component
Load cell
Clutch
Brake
Controller
Dancer Roller
Diameter Sensor
Global Tension Control market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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