Europe Tension Control Market Size & Outlook, 2023-2030
The tension control market in Europe is expected to reach a projected revenue of US$ 435.2 million by 2030. A compound annual growth rate of 5.8% is expected of Europe tension control market from 2024 to 2030.
Revenue, 2023 (US$M)
$293.4
Forecast, 2030 (US$M)
$435.2
CAGR, 2024 - 2030
5.8%
Report Coverage
Europe
Europe tension control market, 2018-2030 (US$M)
Europe tension control market highlights
- The Europe tension control market generated a revenue of USD 293.4 million in 2023.
- The market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, automated was the largest revenue generating type in 2023.
- Automated is the most lucrative type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 293.4 million |
| Market revenue in 2030 | USD 435.2 million |
| Growth rate | 5.8% (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, Europe region accounted for 29.2% of the global tension control market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 510.7 million by 2030.
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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 |
|---|
Europe tension control market
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Related regional statistics
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