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Market Analysis and Insights: Global Strain Gauge Sensors Market
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.
Due to the COVID-19 pandemic, the global Strain Gauge Sensors market size is estimated to be worth US$ 189.3 million in 2022 and is forecast to a readjusted size of US$ 231.8 million by 2029 with a CAGR of 2.9% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Metal Strain Gauge Sensors accounting for % of the Strain Gauge Sensors global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Weighing Equipment segment is altered to an % CAGR throughout this forecast period.
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%.
Global Strain Gauge Sensors Scope and Market Size
The global Strain Gauge Sensors market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Strain Gauge Sensors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Metal Strain Gauge Sensors
Semiconductor Strain Gauge Sensors
Segment by Application
Weighing Equipment
Aerospace
Cranes
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Vishay
HBM
NMB
KYOWA
Zemic
Yiling
HYCSYQ
LCT
Hualanhai
Omega
TML
BCM
Piezo-Metrics
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.
Due to the COVID-19 pandemic, the global Strain Gauge Sensors market size is estimated to be worth US$ 189.3 million in 2022 and is forecast to a readjusted size of US$ 231.8 million by 2029 with a CAGR of 2.9% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Metal Strain Gauge Sensors accounting for % of the Strain Gauge Sensors global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Weighing Equipment segment is altered to an % CAGR throughout this forecast period.
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%.
Global Strain Gauge Sensors Scope and Market Size
The global Strain Gauge Sensors market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Strain Gauge Sensors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Metal Strain Gauge Sensors
Semiconductor Strain Gauge Sensors
Segment by Application
Weighing Equipment
Aerospace
Cranes
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Vishay
HBM
NMB
KYOWA
Zemic
Yiling
HYCSYQ
LCT
Hualanhai
Omega
TML
BCM
Piezo-Metrics
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