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Detailed examination of the tension control market has growing at 4.65% CAGR

Industrial Market Research

Report defines, describes, & forecasts tension control market by module, type, end-user, and region. It also offers a detailed qualitative and quantitative analysis of market. Report provides a comprehensive review of major market drivers, restraints, opportunities, and challenges.

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The global tension control market is estimated to be USD 891.4 Million in 2017 and is projected to reach USD 1,118.8 Million by 2022, growing at a CAGR of 4.65%, from 2017 to 2022. The increasing demand for automated tension control and the rising transition toward flexible printing & packaging from rigid packaging are driving the tension control market globally.

The report’s target audience includes:

  • Tension control companies
  • Packaging machinery manufacturers
  • Paper industries
  • Flexible printing & packaging companies
  • Engineering and procurement companies in the packaging sector
  • Government and research organizations
  • Investment banks
  • Consulting companies

Some of the leading players in the tension control market include Maxcess (US), Montalvo (US), Erhardt+Leimer (Germany), Nireco (Japan), Double E (US), FMS (Switzerland), and Re (Italy).

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New product launch is the most commonly adopted strategy by top players in the market from 2014 to 2017. It was followed by partnerships and expansions.

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Tension control market has been analyzed with respect to six regions, namely, North America, Europe, Asia Pacific, South America, Middle East, & Africa. Asia Pacific expected to dominate tension control market during forecast period.

Increase in manufacturing and imports of printing & packaging machinery along with transition toward flexible printing & packaging in food & beverage & pharmaceutical sectors is key factor driving tension control market in Asia Pacific region.

Premium Insights

1 Attractive Opportunities in the Tension Control Market

2 Tension Control Market, By Country

3 Asia Pacific Tension Control Market, By Type & Country

4 Tension Control Market, By Type

5 Tension Control Market, By Component

6 Tension Control Market, By Application

Competitive Landscape

1 Introduction

2 Market Ranking Analysis

3 Competitive Situation & Trends

4 Partnerships

5 Expansion

6 New Product Developments

Tension control market has been segmented, by component, into load cell/force transducers, clutch, brake, controller, diameter sensor, dancer roller. Others segment includes amplifiers, wiring, indicators, and retrofits.

Load cell/force transducer segment estimated to hold largest share of market during forecast period. Growth in automated tension control in paper processing & aluminum industry, combined with increasing demand for flexible packaging machinery in food & beverage sector in Asia Pacific driving demand for load cell/force transducer.

Connect for More Details for More Information “Tension Control Market by Type (Automated & Manual), Component (Load Cell, Controller, Diameter Sensor, Dancer Roller, Brake, Clutch), Application (Paper, Flexible Printing & Packaging, Metal & Foil, Others), and Region - Global Forecast to 2022” report @…unt?rname=1446241 .

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 51%, Tier 2- 30%, Tier 3- 19%
  • By Designation: C-Level- 31%, D-Level- 43%, Others- 26%
  • By Region: AsiaPacific-30%, Europe- 27%, North America-  22%, Middle East- 11%, South America- 6%, Africa-4%

The manual segment is expected to dominate the tension control market during the forecast period. The presence of small-scale printing & packaging industry in developing economies such as China, India, and Indonesia is expected to drive the manual tension control segment because of low operational and installation costs associated with it.

Asia Pacific is expected to be the largest tension control market during the forecast period.

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