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Tension Control Market by Type, Component, Application and Region - Global Forecast to 2022

Dublin, June 01, 2018 (GLOBE NEWSWIRE) -- The "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 has been added to ResearchAndMarkets.com's offering.

The tension control market is projected to grow from an estimated USD 891.4 million in 2017 to USD 1,118.8 million by 2022, at a CAGR of 4.65%, from 2017 to 2022.

The increasing demand for automated tension control and the rising transition toward flexible printing and packaging from rigid packaging are driving the market across the world. High capital costs for installation is a major restraint for the tension control market.

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.

Asia Pacific is the largest market for tension control. The rapid growth in the flexible printing & packaging industry, especially in the food & beverages sector in Asia Pacific has created demand for the flexible packaging machinery, thereby boosting the demand for tension control in Asia Pacific. China, India, and Indonesia are expected to grow at a fast pace during the forecast period.

Leading players in the tension control market are Maxcess (US), Montalvo (US), Erhardt+Leimer (Germany), FMS (Switzerland), and Re (Italy).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
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
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 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
6.1 Introduction
6.2 Automated
6.3 Manual

7 Tension Control Market, By Component
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
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

10 Competitive Landscape
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

  • Cleveland Motion Controls
  • Comptrol
  • Double E
  • Dover Flexo Electronics
  • Erhardt+Leimer
  • FMS
  • Maxcess
  • Montalvo
  • Nexen
  • Nireco
  • Owecon
  • RE Controlli Industrali

For more information about this report visit https://www.researchandmarkets.com/research/v8tx3z/tension_control?w=12



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