Global Strain Gauge Sensors Market Growth 2023-2029

Global Strain Gauge Sensors Market Growth 2023-2029

A strain gauge (or strain gage) is a sensor whose resistance varies with applied force; it converts force, pressure, tension, weight, etc., into a change in electrical resistance which can then be measured. When external forces are applied to a stationary object, stress and strain are the result. Stress is defined as the object's internal Strain Gauge forces, and strain is defined as the displacement and deformation that occur.
LPI (LP Information)' newest research report, the “Strain Gauge Sensors Industry Forecast” looks at past sales and reviews total world Strain Gauge Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected Strain Gauge Sensors sales for 2023 through 2029. With Strain Gauge Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Strain Gauge Sensors industry.
This Insight Report provides a comprehensive analysis of the global Strain Gauge Sensors 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 Strain Gauge Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Strain Gauge Sensors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Strain Gauge Sensors 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 Strain Gauge Sensors.
The global Strain Gauge Sensors market size is projected to grow from US$ 185.2 million in 2022 to US$ 227.9 million in 2029; it is expected to grow at a CAGR of 227.9 from 2023 to 2029.
At present, the world's large brands are mainly concentrated in USA, Japan and Europe. The top three manufacturers are Vishay, HBM, Zemic, respectively with global production market share as 8%, 7% and 5%.The global largest market is in China and the consumption value share is 32%, and the secondary market is USA, and the consumption volume share is 23%.
This report presents a comprehensive overview, market shares, and growth opportunities of Strain Gauge Sensors market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Metal Strain Gauge Sensors
Semiconductor Strain Gauge Sensors
Segmentation by application
Weighing Equipment
Aerospace
Cranes
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
Zemic
Yiling
HYCSYQ
LCT
Hualanhai
Omega
TML
BCM
Piezo-Metrics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Strain Gauge Sensors market?
What factors are driving Strain Gauge Sensors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Strain Gauge Sensors market opportunities vary by end market size?
How does Strain Gauge Sensors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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