Strain Gauge Market Exhibit a CAGR of 4.3% From 2021–2026 – Report by The Market Reports

The global Strain Gauge market was valued at US$ 227 million in 2019 and it is expected to reach US$ 305.7 million by the end of 2026, growing at a CAGR of 4.3% during 2021-2026.

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 2018. With the situation of global economy, prices will be in decreasing trend in the following five years.

Global Strain Gauge Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Strain Gauge Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Vpg, Hbm, Zemic, Yiling, Hycsyq, Nmb, Kyowa, Lct, Omega, Tml, Bcm, Piezo-Metrics, Hualanhai and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-strain-gauge-market-research-report-2021

Segment by Type

  • Stress Analysis Type
  • Transducer Type
  • Other (for Special Applications)

Segment by Application

  • Electrical Equipment
  • Civil Engineering
  • Building Construction
  • Chemicals and Medicine
  • Other

Table of Content:

1 Strain Gauge Market Overview

2 Strain Gauge Market Competition by Manufacturers

3 Strain Gauge Retrospective Market Scenario by Region

4 Global Strain Gauge Historic Market Analysis by Type

5 Global Strain Gauge Historic Market Analysis by Application

6 Key Companies Profiled

7 Strain Gauge Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Strain Gauge Market Dynamics

10 Global Strain Gauge Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

13 Forecast by Type and by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

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