North America Tension Control Market Size & Outlook
The tension control market in North America is expected to reach a projected revenue of US$ 411.6 million by 2030. A compound annual growth rate of 6.3% is expected of North America tension control market from 2024 to 2030.
Revenue, 2023 (US$M)
$268.5
Forecast, 2030 (US$M)
$411.6
CAGR, 2024 - 2030
6.3%
Report Coverage
North America
North America tension control market, 2018-2030 (US$M)
North America tension control market highlights
- The North America tension control market generated a revenue of USD 268.5 million in 2023.
- The market is expected to grow at a CAGR of 6.3% 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.
North America data book summary
| Market revenue in 2023 | USD 268.5 million |
| Market revenue in 2030 | USD 411.6 million |
| Growth rate | 6.3% (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, North America region accounted for 26.7% 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.
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 |
|---|
North America tension control market
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
