Global Tension Control Market Size & Outlook, 2023-2030
The tension control industry worldwide is expected to reach a projected revenue of US$ 1,523.2 million by 2030. A compound annual growth rate of 6.1% is expected of the worldwide tension control industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,006.2
Forecast, 2030 (US$M)
$1,523.2
CAGR, 2024 - 2030
6.1%
Report Coverage
Worldwide
Global tension control market, 2018-2030 (US$M)
Global tension control market highlights
- The global tension control market generated a revenue of USD 1,006.2 million in 2023 and is expected to reach USD 1,523.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.1% by 2030.
- In terms of segment, automated accounted for a revenue of USD 1,006.2 million in 2023.
- Automated is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 1,006.2 million |
| Market revenue in 2030 | USD 1,523.2 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Automated |
| Fastest growing segment | Automated |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automated |
Other key industry trends
- In terms of revenue, the North America accounted for 26.7% of the global tension control market in 2023.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Tension Control Market Scope
Tension control market segmentation & scope
Compoent
Load Cell
Controller
Diameter Sensor
Clutch
Brake
Dancer Roller
Others
Application
Paper
Flexible Printing & Packaging
Metal & Oil
Others
Countries
U.S.
Canada
Mexico
UK
Sweden
Spain
Norway
Italy
Germany
France
Denmark
Brazil
Argentina
Kuwait
Saudi Arabia
South Africa
UAE
India
Japan
China
South Korea
Thailand
Tension Control Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global tension control market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
