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.
At present, the production companies focus on China, it will reached a production volume of approximately 65888 K units in 2016, and the production volume share is 30.45%, and the secondary production region is USA, it will reached a production volume of 48175 K units in 2016, and the production volume share is 22.26%, Europe is following with 22.00% share.
There are major two classification of strain gauge Sensors in this report, metal strain gauge Sensors and semiconductor strain gauge Sensors. Globally, the revenue share of each type of strain gauge is 87.61% %and 12.39% in 2016.
At present, the world's large brands are mainly concentrated in USA, Japan and Europe. The top three manufactures are Vishay, HBM, Zemic, respectively with global production market share as 8.2%, 7.26% and 5.27% in 2016.
According to this study, over the next five years the Strain Gauge Sensors market will register a 3.2% CAGR in terms of revenue, the global market size will reach USD 200 million by 2024, from USD 170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Strain Gauge Sensors business, shared in Chapter 3.
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.
This study considers the Strain Gauge Sensors value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Metal strain gauge Sensors
Semiconductor strain gauge Sensors
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Weighing Equipment
Aerospace
Cranes
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Vishay
HBM
NMB
KYOWA
Zemic
Yiling
HYCSYQ
LCT
Hualanhai
Omega
TML
BCM
Piezo-Metrics
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Strain Gauge Sensors consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Strain Gauge Sensors market by identifying its various subsegments.
Focuses on the key global Strain Gauge Sensors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Strain Gauge Sensors with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Strain Gauge Sensors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
