Global Strain Gauges Market Growth 2023-2029

Global Strain Gauges Market Growth 2023-2029

Strain Gauges, also called Strain Gages, are devices whose resistance changes under the application of force or strain. They can be used for measurement of force, strain, stress, pressure, displacement, acceleration etc.
LPI (LP Information)' newest research report, the “Strain Gauges Industry Forecast” looks at past sales and reviews total world Strain Gauges sales in 2022, providing a comprehensive analysis by region and market sector of projected Strain Gauges sales for 2023 through 2029. With Strain Gauges sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Strain Gauges industry.
This Insight Report provides a comprehensive analysis of the global Strain Gauges 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 Gauges portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Strain Gauges market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Strain Gauges 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 Gauges.
The global Strain Gauges market size is projected to grow from US$ 190.8 million in 2022 to US$ 258.9 million in 2029; it is expected to grow at a CAGR of 258.9 from 2023 to 2029.
Global Strain Gauges key players include VPG, HBM, Zemic, Yiling, HYCSYQ etc. Global top five manufacturers hold a share over 70%.
China is the largest market, with a share over 25%, followed by Europe and North America, both have a share over 40% percent.
In terms of product, Stress Analysis Type is the largest segment, with a share over 60%. And in terms of application, the largest application is Electronics and Measurement followed by Industrial.
This report presents a comprehensive overview, market shares, and growth opportunities of Strain Gauges market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Stress Analysis Type
Transducer Type
Other (for Special Applications)
Segmentation by application
Electronics and Measurement
Construction
Industrial
Other
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.
VPG
HBM
Zemic
Yiling
HYCSYQ
NMB
KYOWA
LCT
Omega
TML
BCM
Piezo-Metrics
Hualanhai
Key Questions Addressed in this Report
What is the 10-year outlook for the global Strain Gauges market?
What factors are driving Strain Gauges market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Strain Gauges market opportunities vary by end market size?
How does Strain Gauges 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.