Global Piezoresistive Strain Gauge Transducers Market Growth 2024-2030

Global Piezoresistive Strain Gauge Transducers Market Growth 2024-2030

Piezoresistive strain gauge transducers are one of the most common types of pressure sensors. They used the change in the material's resistance when stretched to measure pressure. These sensors are suitable for a variety of applications due to their simplicity and robustness.

The global Piezoresistive Strain Gauge Transducers market size is projected to grow from US$ 186.5 million in 2023 to US$ 237.7 million in 2030; it is expected to grow at a CAGR of 3.5% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Piezoresistive Strain Gauge Transducers Industry Forecast” looks at past sales and reviews total world Piezoresistive Strain Gauge Transducers sales in 2023, providing a comprehensive analysis by region and market sector of projected Piezoresistive Strain Gauge Transducers sales for 2024 through 2030. With Piezoresistive Strain Gauge Transducers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Piezoresistive Strain Gauge Transducers industry.

This Insight Report provides a comprehensive analysis of the global Piezoresistive Strain Gauge Transducers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Piezoresistive Strain Gauge Transducers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Piezoresistive Strain Gauge Transducers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Piezoresistive Strain Gauge Transducers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Piezoresistive Strain Gauge Transducers.

In the harsh environment of the metal processing industry, achieving the right balance between accuracy, speed, and reliability of the sensing system is of great significance, and the strong demand for strain gauge sensors is attributed to the rapid development of the end-user industry. Numerous applications across industries are seen as a lucrative opportunity for this market. Strain gauge technology has a long history in aerospace applications. Strain gauges are bonded directly to structural load-bearing components. This helps measure stresses along the critical load path of wing deflection. It has long been used to maintain railway safety. Strain gages can be used in mines or where rail lines are placed on top of railroad tracks to measure stress and strain on the rails bonded to each rail. Strain gauges are used to measure the torque applied by a motor, turbine or engine to a fan, generator, wheel or propeller. Such equipment is widely used in power plants, ships, refineries, automobiles and throughout industry. Strain gauges are used in smart bridge technology, which enables efficient and effective real-time monitoring, which helps in thorough inspection of bridges. Evaluate bridges for structural damage on site, including visual inspection, dye penetrant testing, and many other techniques.

This report presents a comprehensive overview, market shares, and growth opportunities of Piezoresistive Strain Gauge Transducers market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Foil Strain Gage
Wire Strain Gage
Semiconductor Strain Gage

Segmentation by application
Load Transducer
Pressure Transducer
Torque Transducer
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Vishay
HBM
NMB
KYOWA
TML
HPI
Zemic
Yiling
HYCSYQ
Piezo-Metrics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Piezoresistive Strain Gauge Transducers market?

What factors are driving Piezoresistive Strain Gauge Transducers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Piezoresistive Strain Gauge Transducers market opportunities vary by end market size?

How does Piezoresistive Strain Gauge Transducers break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.