PUBLISHER: KBV Research | PRODUCT CODE: 1539164
PUBLISHER: KBV Research | PRODUCT CODE: 1539164
Asia Pacific Tension Control Market Size, Share & Trends Analysis Report By Type, By Application, By Component, By Country and Growth Forecast, 2024 - 2031
The Asia Pacific Tension Control Market would witness market growth of 6.4% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Tension Control Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $169 million by 2031. The Japan market is registering a CAGR of 5.9% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 7.1% during (2024 - 2031).
In metal processing, these systems are used in processes such as rolling, slitting, and coating metal strips. Accurate tension management is critical to maintaining the quality and consistency of metal products and preventing issues such as warping, distortion, and surface defects. These systems in metal processing often require robust and durable designs to withstand the industry's demanding conditions.
Several key factors across different industries have driven the adoption of these systems. This growth reflects the increasing emphasis on precision, efficiency, and automation in modern manufacturing and processing environments. Advances in sensor technology have significantly enhanced the performance and accuracy of these systems. Modern sensors offer high precision and reliability, allowing for real-time monitoring of tension levels. These improvements have made these systems more effective in preventing material defects and optimizing processes.
The surge in paper production in India leads to a higher requirement for these systems. These systems are crucial for managing the delicate balance of paper during processing, reducing defects, and ensuring product quality. According to the Investment Promotion and Facilitation Agency, in terms of value, $3179.24 Mn of paper, paperboard, and newsprint were exported in 2021-22, as against $1940.94 Mn in the previous year. Furthermore, the rapid growth of the textile industry in China drives the need for these systems capable of managing high-speed production lines. This includes systems that can handle the fast-paced operations of weaving, knitting, and finishing processes. The State Council of the People's Republic of China reports that the 13,053 largest textile manufacturers in the country generated a total profit of 561.1 billion yuan (approximately $83.9 billion) from January to May 2022. This represents an annual growth rate of 6.1 percent. Hence, rising textile industry and increasing paper industry in the region is propelling the growth of the market.
Based on Type, the market is segmented into Automated, and Manual. Based on Application, the market is segmented into Paper, Flexible Printing & Packaging, Metal & Oil, and Others. Based on Component, the market is segmented into Load Cell, Controller, Brake, Clutch, Diameter Sensor, Dancer Roller, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- The Montalvo Corporation
- Maxcess (Roto-Die Company, Inc.)
- NIRECO Corporation
- Double E Group
- FMS Force Measuring Systems AG
- Re Controlli Industriali
- Cleveland Motion Control
- OWECON APS
- Nexen Group, Inc.
- Dover Flexo Electronics, Inc.
Asia Pacific Tension Control Market Report Segmentation
By Type
- Automated
- Manual
By Application
- Paper
- Flexible Printing & Packaging
- Metal & Oil
- Others
By Component
- Load Cell
- Controller
- Brake
- Clutch
- Diameter Sensor
- Dancer Roller
- Others
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Tension Control Market, by Type
- 1.4.2 Asia Pacific Tension Control Market, by Application
- 1.4.3 Asia Pacific Tension Control Market, by Component
- 1.4.4 Asia Pacific Tension Control Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Tension Control Market by Type
- 4.1 Asia Pacific Automated Market by Country
- 4.2 Asia Pacific Manual Market by Country
Chapter 5. Asia Pacific Tension Control Market by Application
- 5.1 Asia Pacific Paper Market by Country
- 5.2 Asia Pacific Flexible Printing & Packaging Market by Country
- 5.3 Asia Pacific Metal & Oil Market by Country
- 5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Tension Control Market by Component
- 6.1 Asia Pacific Load Cell Market by Country
- 6.2 Asia Pacific Controller Market by Country
- 6.3 Asia Pacific Brake Market by Country
- 6.4 Asia Pacific Clutch Market by Country
- 6.5 Asia Pacific Diameter Sensor Market by Country
- 6.6 Asia Pacific Dancer Roller Market by Country
- 6.7 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Tension Control Market by Country
- 7.1 China Tension Control Market
- 7.1.1 China Tension Control Market by Type
- 7.1.2 China Tension Control Market by Application
- 7.1.3 China Tension Control Market by Component
- 7.2 Japan Tension Control Market
- 7.2.1 Japan Tension Control Market by Type
- 7.2.2 Japan Tension Control Market by Application
- 7.2.3 Japan Tension Control Market by Component
- 7.3 India Tension Control Market
- 7.3.1 India Tension Control Market by Type
- 7.3.2 India Tension Control Market by Application
- 7.3.3 India Tension Control Market by Component
- 7.4 South Korea Tension Control Market
- 7.4.1 South Korea Tension Control Market by Type
- 7.4.2 South Korea Tension Control Market by Application
- 7.4.3 South Korea Tension Control Market by Component
- 7.5 Australia Tension Control Market
- 7.5.1 Australia Tension Control Market by Type
- 7.5.2 Australia Tension Control Market by Application
- 7.5.3 Australia Tension Control Market by Component
- 7.6 Malaysia Tension Control Market
- 7.6.1 Malaysia Tension Control Market by Type
- 7.6.2 Malaysia Tension Control Market by Application
- 7.6.3 Malaysia Tension Control Market by Component
- 7.7 Rest of Asia Pacific Tension Control Market
- 7.7.1 Rest of Asia Pacific Tension Control Market by Type
- 7.7.2 Rest of Asia Pacific Tension Control Market by Application
- 7.7.3 Rest of Asia Pacific Tension Control Market by Component
Chapter 8. Company Profiles
- 8.1 The Montalvo Corporation
- 8.1.1 Company Overview
- 8.1.2 SWOT Analysis
- 8.2 Maxcess (Roto-Die Company, Inc.)
- 8.2.1 Company Overview
- 8.2.2 SWOT Analysis
- 8.3 NIRECO Corporation
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 SWOT Analysis
- 8.4 Double E Group
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
- 8.5 FMS Force Measuring Systems AG
- 8.5.1 Company Overview
- 8.5.2 SWOT Analysis
- 8.6 Re Controlli Industriali
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
- 8.7 Cleveland Motion Control
- 8.7.1 Company Overview
- 8.7.2 SWOT Analysis
- 8.8 OWECON APS
- 8.8.1 Company Overview
- 8.8.2 SWOT Analysis
- 8.9 Nexen Group, Inc.
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
- 8.10. Dover Flexo Electronics, Inc.
- 8.10.1 Company Overview
- 8.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific Tension Control Market, 2020 - 2023, USD Million
- TABLE 2 Asia Pacific Tension Control Market, 2024 - 2031, USD Million
- TABLE 3 Asia Pacific Tension Control Market by Type, 2020 - 2023, USD Million
- TABLE 4 Asia Pacific Tension Control Market by Type, 2024 - 2031, USD Million
- TABLE 5 Asia Pacific Automated Market by Country, 2020 - 2023, USD Million
- TABLE 6 Asia Pacific Automated Market by Country, 2024 - 2031, USD Million
- TABLE 7 Asia Pacific Manual Market by Country, 2020 - 2023, USD Million
- TABLE 8 Asia Pacific Manual Market by Country, 2024 - 2031, USD Million
- TABLE 9 Asia Pacific Tension Control Market by Application, 2020 - 2023, USD Million
- TABLE 10 Asia Pacific Tension Control Market by Application, 2024 - 2031, USD Million
- TABLE 11 Asia Pacific Paper Market by Country, 2020 - 2023, USD Million
- TABLE 12 Asia Pacific Paper Market by Country, 2024 - 2031, USD Million
- TABLE 13 Asia Pacific Flexible Printing & Packaging Market by Country, 2020 - 2023, USD Million
- TABLE 14 Asia Pacific Flexible Printing & Packaging Market by Country, 2024 - 2031, USD Million
- TABLE 15 Asia Pacific Metal & Oil Market by Country, 2020 - 2023, USD Million
- TABLE 16 Asia Pacific Metal & Oil Market by Country, 2024 - 2031, USD Million
- TABLE 17 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
- TABLE 18 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
- TABLE 19 Asia Pacific Tension Control Market by Component, 2020 - 2023, USD Million
- TABLE 20 Asia Pacific Tension Control Market by Component, 2024 - 2031, USD Million
- TABLE 21 Asia Pacific Load Cell Market by Country, 2020 - 2023, USD Million
- TABLE 22 Asia Pacific Load Cell Market by Country, 2024 - 2031, USD Million
- TABLE 23 Asia Pacific Controller Market by Country, 2020 - 2023, USD Million
- TABLE 24 Asia Pacific Controller Market by Country, 2024 - 2031, USD Million
- TABLE 25 Asia Pacific Brake Market by Country, 2020 - 2023, USD Million
- TABLE 26 Asia Pacific Brake Market by Country, 2024 - 2031, USD Million
- TABLE 27 Asia Pacific Clutch Market by Country, 2020 - 2023, USD Million
- TABLE 28 Asia Pacific Clutch Market by Country, 2024 - 2031, USD Million
- TABLE 29 Asia Pacific Diameter Sensor Market by Country, 2020 - 2023, USD Million
- TABLE 30 Asia Pacific Diameter Sensor Market by Country, 2024 - 2031, USD Million
- TABLE 31 Asia Pacific Dancer Roller Market by Country, 2020 - 2023, USD Million
- TABLE 32 Asia Pacific Dancer Roller Market by Country, 2024 - 2031, USD Million
- TABLE 33 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
- TABLE 34 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
- TABLE 35 Asia Pacific Tension Control Market by Country, 2020 - 2023, USD Million
- TABLE 36 Asia Pacific Tension Control Market by Country, 2024 - 2031, USD Million
- TABLE 37 China Tension Control Market, 2020 - 2023, USD Million
- TABLE 38 China Tension Control Market, 2024 - 2031, USD Million
- TABLE 39 China Tension Control Market by Type, 2020 - 2023, USD Million
- TABLE 40 China Tension Control Market by Type, 2024 - 2031, USD Million
- TABLE 41 China Tension Control Market by Application, 2020 - 2023, USD Million
- TABLE 42 China Tension Control Market by Application, 2024 - 2031, USD Million
- TABLE 43 China Tension Control Market by Component, 2020 - 2023, USD Million
- TABLE 44 China Tension Control Market by Component, 2024 - 2031, USD Million
- TABLE 45 Japan Tension Control Market, 2020 - 2023, USD Million
- TABLE 46 Japan Tension Control Market, 2024 - 2031, USD Million
- TABLE 47 Japan Tension Control Market by Type, 2020 - 2023, USD Million
- TABLE 48 Japan Tension Control Market by Type, 2024 - 2031, USD Million
- TABLE 49 Japan Tension Control Market by Application, 2020 - 2023, USD Million
- TABLE 50 Japan Tension Control Market by Application, 2024 - 2031, USD Million
- TABLE 51 Japan Tension Control Market by Component, 2020 - 2023, USD Million
- TABLE 52 Japan Tension Control Market by Component, 2024 - 2031, USD Million
- TABLE 53 India Tension Control Market, 2020 - 2023, USD Million
- TABLE 54 India Tension Control Market, 2024 - 2031, USD Million
- TABLE 55 India Tension Control Market by Type, 2020 - 2023, USD Million
- TABLE 56 India Tension Control Market by Type, 2024 - 2031, USD Million
- TABLE 57 India Tension Control Market by Application, 2020 - 2023, USD Million
- TABLE 58 India Tension Control Market by Application, 2024 - 2031, USD Million
- TABLE 59 India Tension Control Market by Component, 2020 - 2023, USD Million
- TABLE 60 India Tension Control Market by Component, 2024 - 2031, USD Million
- TABLE 61 South Korea Tension Control Market, 2020 - 2023, USD Million
- TABLE 62 South Korea Tension Control Market, 2024 - 2031, USD Million
- TABLE 63 South Korea Tension Control Market by Type, 2020 - 2023, USD Million
- TABLE 64 South Korea Tension Control Market by Type, 2024 - 2031, USD Million
- TABLE 65 South Korea Tension Control Market by Application, 2020 - 2023, USD Million
- TABLE 66 South Korea Tension Control Market by Application, 2024 - 2031, USD Million
- TABLE 67 South Korea Tension Control Market by Component, 2020 - 2023, USD Million
- TABLE 68 South Korea Tension Control Market by Component, 2024 - 2031, USD Million
- TABLE 69 Australia Tension Control Market, 2020 - 2023, USD Million
- TABLE 70 Australia Tension Control Market, 2024 - 2031, USD Million
- TABLE 71 Australia Tension Control Market by Type, 2020 - 2023, USD Million
- TABLE 72 Australia Tension Control Market by Type, 2024 - 2031, USD Million
- TABLE 73 Australia Tension Control Market by Application, 2020 - 2023, USD Million
- TABLE 74 Australia Tension Control Market by Application, 2024 - 2031, USD Million
- TABLE 75 Australia Tension Control Market by Component, 2020 - 2023, USD Million
- TABLE 76 Australia Tension Control Market by Component, 2024 - 2031, USD Million
- TABLE 77 Malaysia Tension Control Market, 2020 - 2023, USD Million
- TABLE 78 Malaysia Tension Control Market, 2024 - 2031, USD Million
- TABLE 79 Malaysia Tension Control Market by Type, 2020 - 2023, USD Million
- TABLE 80 Malaysia Tension Control Market by Type, 2024 - 2031, USD Million
- TABLE 81 Malaysia Tension Control Market by Application, 2020 - 2023, USD Million
- TABLE 82 Malaysia Tension Control Market by Application, 2024 - 2031, USD Million
- TABLE 83 Malaysia Tension Control Market by Component, 2020 - 2023, USD Million
- TABLE 84 Malaysia Tension Control Market by Component, 2024 - 2031, USD Million
- TABLE 85 Rest of Asia Pacific Tension Control Market, 2020 - 2023, USD Million
- TABLE 86 Rest of Asia Pacific Tension Control Market, 2024 - 2031, USD Million
- TABLE 87 Rest of Asia Pacific Tension Control Market by Type, 2020 - 2023, USD Million
- TABLE 88 Rest of Asia Pacific Tension Control Market by Type, 2024 - 2031, USD Million
- TABLE 89 Rest of Asia Pacific Tension Control Market by Application, 2020 - 2023, USD Million
- TABLE 90 Rest of Asia Pacific Tension Control Market by Application, 2024 - 2031, USD Million
- TABLE 91 Rest of Asia Pacific Tension Control Market by Component, 2020 - 2023, USD Million
- TABLE 92 Rest of Asia Pacific Tension Control Market by Component, 2024 - 2031, USD Million
- TABLE 93 Key Information - The Montalvo Corporation
- TABLE 94 Key Information - Maxcess
- TABLE 95 Key Information - NIRECO Corporation
- TABLE 96 Key Information - Double E Group
- TABLE 97 Key Information - FMS Force Measuring Systems AG
- TABLE 98 Key Information - Re Controlli Industriali
- TABLE 99 Key Information - Cleveland Motion Control
- TABLE 100 Key Information - OWECON APS
- TABLE 101 Key Information - Nexen Group, Inc.
- TABLE 102 Key Information - Dover Flexo Electronics, Inc.
