Tension Control Market Size, Trends, Segments, Growth and Industry Set for Rapid Growth with 4.80% of CAGR by Forecast 2023 | MRFR


Posted April 5, 2019 by DhanashreeP

Tension Control Market Research Report: Information by Type (Automated, Manual), Component, Application (Flexible Printing, Paper, Metal & Foil), and Region – Global Forecast till 2023
 
Tension control is the ability to permanently control the tension, majorly 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 is of two types, closed loop and open loop. Increasing demand for automated tension control is one of the major factors driving the growth of tension control market.

Tension Control is designed for high speed rewinding or unwinding of roll. Tension control system consists of various components such as clutches, tension control brakes, sensors, controllers, meters, amplifiers, and auxiliary controls, among others. Tension control system has numerous advantages such as it is inexpensive, provides high quality performance level, provides stability, and can be very effective for providing constant unwind tension for your process.

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The growing demand for Tension Control market is attributed to growing automation in industries such as food & beverage, pharmaceutical, and manufacturing industry. For instance, FIS (italy) a leading pharmaceutical company selectec Emerson (US) to digitalize operations and work processes at three manufacturing sites in Italy. With the $20 million contracts, Emerson would provide automation technology to help create a fully electronic manufacturing environment for increased efficiencies, quality and regulatory compliance.. One of the major restraints for the global Tension Control market is the high initial cost of tension control system.

Key Players

The key players of the global Tension Control market are 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), among others.

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Industry Segmentation

The Tension Control market has been segmented based on load cell, controller, dancer roller, diameter sensor, brake, clutch. Among these types, load cell is the fastest growing segment in the Tension Control market. This segment is expected to be driven by the rising adoption of automation in aluminum, paper processing, and printing & packaging industries, particularly in Asia Pacific and Europe.

Based on component, the market is segmented as load cell, controller, dancer roller, diameter sensor, brake, clutch. Considering the application, the market is segmented paper, flexible printing & packaging, metal & foil, and others. The segment is expected to be driven by the rising adoption of automation in aluminum, paper processing, and printing & packaging industries, particularly in Europe and emerging countries in Asia Pacific.

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Last Updated April 5, 2019