Global Strain Gages Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Strain Gages Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Strain Gages market size was valued at USD 1294.4 million in 2023 and is forecast to a readjusted size of USD 1609.2 million by 2030 with a CAGR of 3.2% during review period.

Strain Gage Based Sensor measures the strain (displacement) of an object under an applied force. When they are adhesively attached to the object under stress (an applied force), they deform with the object. The magnitude of the applied stress can be inferred from changes in the gauge’s electrical resistance due to its deformation.

Global Strain Gage key players include Vishay, HBM, Mettler-Toledo, Flintec, Minebea, etc. China and USA is the largest market, both with a share about 30%, followed by Europe, with a share about 25 percent. In terms of product, Alloy steel sensor is the largest segment, with a share about 55%. And in terms of application, the largest application is Industrial Measurement and Control, followed by Automobile Comprehensive Performance Testing, Commercial Weighing, etc.

The Global Info Research report includes an overview of the development of the Strain Gages industry chain, the market status of Electrical Equipment (Stress Analysis Type, Transducer Type), Civil Engineering (Stress Analysis Type, Transducer Type), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Strain Gages.

Regionally, the report analyzes the Strain Gages markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Strain Gages market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Strain Gages market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Strain Gages industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Stress Analysis Type, Transducer Type).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Strain Gages market.

Regional Analysis: The report involves examining the Strain Gages market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Strain Gages market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Strain Gages:

Company Analysis: Report covers individual Strain Gages manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Strain Gages This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Electrical Equipment, Civil Engineering).

Technology Analysis: Report covers specific technologies relevant to Strain Gages. It assesses the current state, advancements, and potential future developments in Strain Gages areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Strain Gages market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Strain Gages market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Stress Analysis Type
Transducer Type
Other

Market segment by Application
Electrical Equipment
Civil Engineering
Building Construction
Chemicals and Medicine
Other

Major players covered
VPG
HBM
Zemic
Yiling
HYCSYQ
NMB
KYOWA
LCT
Omega
TML
BCM
Piezo-Metrics
Hualanhai

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Strain Gages product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Strain Gages, with price, sales, revenue and global market share of Strain Gages from 2019 to 2024.

Chapter 3, the Strain Gages competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Strain Gages breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Strain Gages market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Strain Gages.

Chapter 14 and 15, to describe Strain Gages sales channel, distributors, customers, research findings and conclusion.