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
[114 Pages Report] The global tension control market was valued at USD 855.4 Million in 2016 and is projected to reach USD 1,118.8 Million by 2022, growing at a CAGR of 4.65%, during the forecast period. 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 years considered for the study are as follows:
- Base Year: 2016
- Estimated Year: 2017
- Projected Year: 2022
- Forecast Period: 20172022
The base year considered for company profiles is 2016. Whenever information was unavailable for the base year, the prior year has been considered.
Objectives of the Study
- To define, describe, and forecast the tension control market by type, component, application, and region
- To provide a detailed information about the major factors influencing the growth of the tension control market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the tension control market with respect to individual growth trends, future projections, and the contribution of each segment to the market
- To track and analyze competitive developments such as contracts & agreements, new product launches, investments and expansions, mergers & acquisitions, and partnerships and collaborations in the tension control market
- To profile key players and comprehensively analyze their market ranking and core competencies
Research Methodology
This research study involved the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the tension control market. Primary sources are mainly industry experts from the core and related industries, preferred suppliers, manufacturers, distributors, service providers, technology developers, standards and certification organizations of companies, and organizations related to all the segments of this industrys value chain. The points given below explain the research methodology.
- Study of the annual revenue and market developments of major players that provide tension controls
- Assessment of future trends and growth of end-users
- Assessment of the tension control market with respect to the type of module used by different end-users
- Study of contracts and other developments related to the tension control market by key players across different regions
- Finalization of overall market sizes by triangulating the supply-side data, which includes product developments, supply chain, and annual revenues of companies offering tension controls across the globe
After arriving at the overall market size, the total market has been split into several segments and subsegments. The figure given below illustrates the breakdown of primaries conducted during the research study, on the basis of company type, designation, and region.
To know about the assumptions considered for the study, download the pdf brochure
Market Ecosystem
The ecosystem of the tension control market comprises companies such are Maxcess (US), Montalvo (US), Erhardt+Leimer (Germany), Double E (US), Nireco (Japan), Owecon (Denmark), FMS (Switzerland), and Re (Italy).
Target Audience:
The reports 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
Scope of the Report:
- By Type
- Automated
- Manual
- By Component
- Load cell/force transducer
- Brake
- Clutch
- Controller
- Diameter Sensor
- Dancer roller
- Others
- By Application
- Paper & corrugated
- Flexible printing & packaging
- Metal & foil
- Others
- By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East
- Africa
Available Customizations:
With the given market data, MarketsandMarkets offers customizations as per the clients specific needs. The following customization options are available for the report:
Regional Analysis
- Further breakdown of region/country-specific analyses
Company Information
- Detailed analyses and profiling of additional market players (up to 5)
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 tension control market has been segmented, by type, into automated and manual. The manual segment is expected to be the largest because of high capital costs of automated systems and low labor costs in the Asia Pacific region in the packaging industry.
The tension control market has been segmented, by component, into load cell/force transducers, clutch, brake, controller, diameter sensor, dancer roller, and others. The others segment includes amplifiers, wiring, indicators, and retrofits. The load cell/force transducer segment is estimated to hold the largest share of the market during the forecast period. The growth in automated tension control in the paper processing and aluminum industry, combined with the increasing demand for flexible packaging machinery in the food & beverage sector in Asia Pacific is driving the demand for load cell/force transducer.
The tension control market has been segmented, by application, into paper & corrugated, flexible printing & packaging, metal & foil and others. The others segment includes textile, nonwoven, printed electronics, and rubber. The flexible printing & packaging segment is estimated to hold the largest market share by 2022. The transition toward flexible printing & packaging from rigid packaging, especially in the food & beverage and pharmaceutical sector in Asia Pacific, Europe, and North America is expected to drive the market for tension control.
The tension control market has been analyzed with respect to six regions, namely, North America, Europe, Asia Pacific, South America, the Middle East, and Africa. Asia Pacific is expected to dominate the tension control market during the forecast period. The increase in the manufacturing and imports of printing & packaging machinery along with the transition toward flexible printing & packaging in the food & beverage and pharmaceutical sectors is the key factor driving the tension control market in the Asia Pacific region.
The major factor restraining the growth of the tension control market is the high initial cost required to set up and install tension control equipment, particularly automated tension control in the paper processing and flexible printing & packaging industries. The restraining factor is particularly prevalent in the Asia Pacific region, where small-scale packaging industry has a considerable share.
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). 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.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 13)
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.4 Years Considered for the Study
1.5 Limitations
1.6 Currency
1.7 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 25)
4 Premium Insights (Page No. - 29)
4.1 Attractive Opportunities in the Tension Control Market
4.2 Tension Control Market, By Country
4.3 Asia Pacific Tension Control Market, By Type & Country
4.4 Tension Control Market, By Type
4.5 Tension Control Market, By Component
4.6 Tension Control Market, By Application
5 Market Overview (Page No. - 33)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Automated Tension Control
5.2.1.2 Transition Toward Flexible Packaging in the Food & Beverage Industry Creating Demand for Tension Control
5.2.2 Restraints
5.2.2.1 High Initial Capital Costs Mandated
5.2.3 Opportunities
5.2.3.1 Rapid growth in the pharmaceutical Industry in Asia Pacific
5.2.3.2 Growth in the Paper Processing Industry in North America and Asia Pacific
5.2.4 Challenges
5.2.4.1 Competition From the Unorganized Sector
6 Tension Control Market, By Type (Page No. - 36)
6.1 Introduction
6.2 Automated
6.3 Manual
7 Tension Control Market, By Component (Page No. - 40)
7.1 Introduction
7.2 Load Cell/Force Transducer
7.3 Clutch
7.4 Brake
7.5 Controller
7.6 Dancer Roller
7.7 Diameter Sensor
7.8 Others
8 Tension Control Market, By Application (Page No. - 47)
8.1 Introduction
8.2 Flexible Printing & Packaging
8.3 Paper & Cardboard
8.4 Metal & Foil
8.5 Others
9 Tension Control Market, By Region (Page No. - 54)
9.1 Introduction
9.2 Asia Pacific
9.2.1 By Type
9.2.2 By Application
9.2.3 By Country
9.2.3.1 China
9.2.3.2 Japan
9.2.3.3 India
9.2.3.4 Australia
9.2.3.5 Indonesia
9.2.3.6 Rest of Asia Pacific
9.3 Europe
9.3.1 By Type
9.3.2 By Application
9.3.3 By Country
9.3.3.1 Germany
9.3.3.2 Italy
9.3.3.3 France
9.3.3.4 UK
9.3.3.5 Rest of Europe
9.4 North America
9.4.1 By Type
9.4.2 By Application
9.4.3 By Country
9.4.3.1 US
9.4.3.2 Canada
9.4.3.3 Mexico
9.5 Middle East
9.5.1 By Type
9.5.2 By Application
9.5.3 By Country
9.5.3.1 Turkey
9.5.3.2 Saudi Arabia
9.5.3.3 UAE
9.5.3.4 Iran
9.5.3.5 Rest of Middle East
9.6 South America
9.6.1 By Type
9.6.2 By Application
9.6.3 By Country
9.6.3.1 Brazil
9.6.3.2 Argentina
9.6.3.3 Rest of South America
9.7 Africa
9.7.1 By Type
9.7.2 By Application
9.7.3 By Country
9.7.3.1 South Africa
9.7.3.2 Nigeria
9.7.3.3 Kenya
9.7.3.4 Rest of Africa
10 Competitive Landscape (Page No. - 84)
10.1 Introduction
10.2 Market Ranking Analysis
10.3 Competitive Situation & Trends
10.3.1 Partnerships
10.3.2 Expansion
10.3.3 New Product Developments
11 Company Profiles (Page No. - 88)
(Business Overview, Products Offered, Recent Developments)*
11.1 Montalvo
11.2 Maxcess
11.3 Erhardt+Leimer
11.4 Dover Flexo Electronics
11.5 Double E
11.6 Nexen
11.7 FMS
11.8 Cleveland Motion Controls
11.9 RE Controlli Industriali
11.10 Comptrol
11.11 Owecon
11.12 Nireco
*Details on Business overview, Products offered, Recent Developments might not be captured in case of unlisted companies.
12 Appendix (Page No. - 106)
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details
List of Tables (67 Tables)
Table 1 Tension Control Market Snapshot
Table 2 Tension Control Market, By Type, 20152022 (USD Million)
Table 3 Automated Market, By Configuration, 20152022 (USD Million)
Table 4 Automated Market, By Region, 20152022 (USD Million)
Table 5 Manual Market, By Region, 20152022 (USD Million)
Table 6 Tension Control Market, By Component, 20152022 (USD Million)
Table 7 Load Cell/Force Transducer: Market, By Type, 20152022 (USD Million)
Table 8 Clutch: Market, By Type, 20152022 (USD Million)
Table 9 Brake: Market, By Type, 20152022 (USD Million)
Table 10 Controller: Tension Control Market, By Type, 20152022 (USD Million)
Table 11 Dancer Roller: Market, By Type, 20152022 (USD Million)
Table 12 Diameter Sensor: Market, By Type, 20152022 (USD Million)
Table 13 Others: Tension Control Market, By Type, 20152022 (USD Million)
Table 14 Tension Control Market, By Application, 20152022 (USD Million)
Table 15 Flexible Printing & Packaging: Market, By End-Use, 20152022 (USD Million)
Table 16 Flexible Printing & Packaging: Market, By Region, 20152022 (USD Million)
Table 17 Paper & Cardboard: Tension Control Market, By End-Use, 20152022 (USD Million)
Table 18 Paper & Cardboard: Market, By Region, 20152022 (USD Million)
Table 19 Metal & Foil: Market, By End-Use, 20152022 (USD Million)
Table 20 Metal & Foil: Market, By Region, 20152022 (USD Million)
Table 21 Others: Tension Control Market, By End-Use, 20152022 (USD Million)
Table 22 Metal & Foil: Market, By Region, 20152022 (USD Million)
Table 23 Tension Control Market, By Region, 20152022 (USD Million)
Table 24 Asia Pacific: Tension Control Market, By Type, 20152022 (USD Million)
Table 25 Asia Pacific: Market, By Application, 20152022 (USD Million)
Table 26 Asia Pacific: Market, By Country, 20152022 (USD Million)
Table 27 China: Tension Control Market, By Application, 20152022 (USD Million)
Table 28 Japan: Market, By Application, 20152022 (USD Million)
Table 29 India: Market, By Application, 20152022 (USD Million)
Table 30 Australia: Market, By Application, 20152022 (USD Million)
Table 31 Indonesia: Tension Control Market, By Application, 20152022 (USD Million)
Table 32 Rest of Asia Pacific: Market, By Application, 20152022 (USD Million)
Table 33 Europe: Tension Control Market, By Type, 20152022 (USD Million)
Table 34 Europe: Market, By Application, 20152022 (USD Million)
Table 35 Europe: Market, By Country, 20152022 (USD Million)
Table 36 Germany: Market, By Application, 20152022 (USD Million)
Table 37 Italy: Tension Control Market, By Application, 20152022 (USD Million)
Table 38 France: Market, By Application, 20152022 (USD Million)
Table 39 UK: Market, By Application, 20152022 (USD Million)
Table 40 Rest of Europe: Tension Control Market, By Application, 20152022 (USD Million)
Table 41 North America: Market, By Type, 20152022 (USD Million)
Table 42 North America: Market, By Application, 20152022 (USD Million)
Table 43 North America: Market, By Country, 20152022 (USD Million)
Table 44 US: Tension Control Market, By Application, 20152022 (USD Million)
Table 45 Canada: Market, By Application, 20152022 (USD Million)
Table 46 Mexico: Market, By Application, 20152022 (USD Million)
Table 47 Middle East: Tension Control Market, By Type, 20152022 (USD Million)
Table 48 Middle East: Market, By Application, 20152022 (USD Million)
Table 49 Middle East: Market, By Country, 20152022 (USD Million)
Table 50 Turkey: Tension Control Market, By Application, 20152022 (USD Million)
Table 51 Saudi Arabia: Market, By Application, 20152022 (USD Million)
Table 52 UAE: Tension Control Market, By Application, 20152022 (USD Million)
Table 53 Iran: Market, By Application, 20152022 (USD Million)
Table 54 Rest of Middle East: Tension Control Market, By Application, 20152022 (USD Million)
Table 55 South America: Market, By Type, 20152022 (USD Million)
Table 56 South America: Market, By Application, 20152022 (USD Million)
Table 57 South America: Market, By Country, 20152022 (USD Million)
Table 58 Brazil: Tension Control Market, By Application, 20152022 (USD Million)
Table 59 Argentina: Market, By Application, 20152022 (USD Million)
Table 60 Rest of South America: Market, By Application, 20152022 (USD Million)
Table 61 Africa: Market, By Type, 20152022 (USD Million)
Table 62 Africa: Tension Control Market, By Application, 20152022 (USD Million)
Table 63 Africa: Market, By Country, 20152022 (USD Million)
Table 64 South Africa: Market, By Application, 20152022 (USD Million)
Table 65 Nigeria Market, By Application, 20152022 (USD Million)
Table 66 Kenya: Tension Control Market, By Application, 20152022 (USD Million)
Table 67 Rest of Africa: Market, By Application, 20152022 (USD Million)
List of Figures (25 Figures)
Figure 1 Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Data Triangulation Methodology
Figure 5 Asia Pacific Dominated the Tension Control Market in 2016
Figure 6 The Manual Segment is Expected to Lead the Market During the Forecast Period
Figure 7 The Power Segment is Expected to Dominate the Market During the Forecast Period
Figure 8 Flexible Printing & Packaging Application is Expected to Dominate the Tension Control Market During the Forecast Period
Figure 9 Rising Demand for Automated Tension Control and Transition Toward Flexible Packaging in the Food & Beverage Industry is Driving the Growth During the Forecast Period
Figure 10 China, India and Germany are Expected to Grow at the Highest CAGR During the Forecast Period
Figure 11 China Market & the Manual Segment Led the Tension Control Market in Asia Pacific
Figure 12 The Manual Segment is Expected to Hold the Largest Share During the Forecast Period
Figure 13 The Load Cell/Force Transducer Segment is Estimated to Lead the Tension Control Market During the Forecast Period
Figure 14 Flexible Printing & Packaging Application is Estimated to Lead the Market During the Forecast Period
Figure 15 Tension Control Market: Drivers, Restraints, Opportunities & Challenges
Figure 16 Manual Tension Control Segment Dominated the Market in 2016
Figure 17 Load Cell/Force Transducer Dominated the Tension Control Market, By Component, in 2016
Figure 18 Flexible Printing & Packaging Dominated the Market, By Application, in 2016
Figure 19 Asia Pacific is Estimated to Grow at the Highest CAGR During the Forecast Period
Figure 20 Asia Pacific Led the Market in 2016
Figure 21 Asia Pacific: Market Snapshot
Figure 22 Europe: Tension Control Market Snapshot
Figure 23 Key Developments in the Tension Control Market, 20142017
Figure 24 Market Ranking, Tension Control Market, 2016
Figure 25 Nireco: Company Snapshot
Growth opportunities and latent adjacency in Tension Control Market