Strain Gage (Strain Gauge) Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
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.
Strain gages are of the stucture, in which a metallic foil film in the thickness of a few microns is glued on a thin electrically insulated sheet (such as polyimide, polyester and so on). This foil film is cut down by photo-etching method in the shape of strain gages which can be made with the negative film masks of the strain gage patterns. These photo-etched strain gage patterns are trimmed to have a standard resistance value satisfying requirements as the strain gages. In addition, for strain gages in general applications, thermal resistance factors of the foil films are controlled to have three categories to match with the thermal elongation factors of 3 major and most popular materials of mild steel/11ppm, stainless steel/16ppm and aluminium alloy/23ppm, for which our strain gages can be self-temperature compensated to minimize temerature effects if specified so when ordering.
The global average price of Strain Gages is in the decreasing trend, from 886 USD/K Pcs in 2012 to 840 USD/ K Pcs in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
Strain Gages demand has a certain space, but technical threshold is low, so the market is scattered. However, high end products concentrated in a small number of companies.
Although production of Strain Gages brought a lot of opportunities, the study group recommends the new entrants just having money but without downstream support do not enter into the Strain Gages field abruptly.
The Global Strain Gage (Strain Gauge) Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.
As the report focuses on global Strain Gage (Strain Gauge) Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
VPG
HBM
Zemic
Yiling
HYCSYQ
NMB
KYOWA
LCT
Omega
TML
BCM
Piezo-Metrics
Hualanhai
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Stress Analysis Type
Transducer Type
Other (for Special Applications)
In Market segmentation by applications :
Electrical Equipment
Civil Engineering
Building Construction
Chemicals and Medicine
Other
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Strain Gage (Strain Gauge) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Strain Gage (Strain Gauge) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Strain Gage (Strain Gauge) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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