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Asia-Pacific Tension Control Market Size, Share & Trends Analysis Report by Type (Automated, and Manual), Application, Component (Load Cell, Controller, Brake, Clutch, Diameter Sensor, Dancer Roller, and Others), Country and Growth Forecast, 2024-2031

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    Report

  • 108 Pages
  • August 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5996371
The Asia Pacific Tension Control Market is projected to 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 is projected to 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, $3.17 billion of paper, paperboard, and newsprint were exported in 2021-22, as against $1.94 billion 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.

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
3.2 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

Companies Mentioned

  • 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.

Methodology

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