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Global Strain Gage (Strain Gauge) Market-Analysis Growth Factors, Applications, Regional Analysis, Key Players and Forecasts 2025

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Micheal Smith
Global Strain Gage (Strain Gauge) Market-Analysis Growth Factors, Applications, Regional Analysis, Key Players and Forecasts 2025

This report presents the worldwide Strain Gage (Strain Gauge) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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 Strain Gage (Strain Gauge) market was valued at 210 Million US$ in 2017 and is projected to reach 290 Million US$ by 2025, at a CAGR of 4.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Strain Gage (Strain Gauge).

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The following manufacturers are covered in this report:

  • VPG
  • HBM
  • Zemic
  • Yiling
  • HYCSYQ
  • NMB
  • KYOWA
  • LCT
  • Omega
  • TML
  • BCM
  • Piezo-Metrics
  • Hualanhai

Strain Gage (Strain Gauge) Breakdown Data by Type

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

Strain Gage (Strain Gauge) Breakdown Data by Application

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

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Strain Gage (Strain Gauge) Production by Region

  • United States
  • Europe
  • China
  • Japan
  • South Korea
  • Other Regions

The study objectives are:

  • To analyze and research the global Strain Gage (Strain Gauge) status and future forecast involving, production, revenue, consumption, historical and forecast.
  • To present the key Strain Gage (Strain Gauge) manufacturers, production, revenue, market share, and recent development.
  • To split the breakdown data by regions, type, manufacturers and applications.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends, drivers, influence factors in global and regions.
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

This report includes the estimation of market size for value (million USD) and volume (K Pcs). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Strain Gage (Strain Gauge) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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