Market Overview:
The global strain gauge amplifiers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for strain gauge amplifiers in various applications, such as industrial, automotive industry, rail industry and others. Additionally, the growing awareness about safety and security is also propelling the demand for these devices across different regions.
Product Definition:
Strain gauge amplifiers are devices used to amplify the signal from a strain gauge. This is important because the signal from a strain gauge is very small and needs to be amplified in order to be read by a computer or other device.
Single Channel Strain Gauge Amplifier:
Single channel strain gauge amplifier is a device that uses one of the many available strain gauges to measure force, torque or angle. The most common application of single-channel amplifiers is in load cells for measuring force and torque on a material point. In addition, it can also be used to measure tensile stress and compressive stress along with determining the yield strength of materials under dynamic conditions.
Multi Channel Strain Gauge Amplifier:
Multi-channel strain gauge amplifier is used to amplify the strain gauge signal. It consists of a strain gage mounted on an elastic substrate and transducer which converts electrical signals into mechanical vibrations. The mechanical vibrations are then amplified and sent to a measuring instrument or display device for analysis. Multi channel amplifiers can measure strains up to 10^6 in any plane, but are commonly used for orthogonal measurement such as tensile, compressive, shear etc.
Application Insights:
The industrial application segment accounted for the largest share of over 50% in 2017. The product is widely used in industries such as oil and gas, aerospace and defense, manufacturing, civil construction to name a few. This is attributed to its ability to measure small strains with high accuracy across multiple channels. It can also handle large channel count with ease due to its advanced technology features such as auto-ranging function which makes it suitable for heavy-duty operations on a daily basis without the need for human intervention or supervision.
The automotive industry was one of the fastest growing segments owing to increasing demand from countries like India and China where labor costs are relatively higher than other regions including North America and Europe Pacifico Middle East & Africa regions respectively.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of a large number of manufacturers and OEMs operating within this region. Moreover, increasing demand for automation across various industries is expected to drive product adoption over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid industrialization and growing infrastructure activities within emerging economies such as China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam among others are contributing significantly towards regional growth.
Growth Factors:
- Increasing demand for strain gauge amplifiers in automotive and aerospace industries for accurate measurement of displacement, stress, and vibration.
- Growing popularity of smart sensors and the Internet of Things (IoT) is expected to boost the demand for strain gauge amplifiers in the near future.
- Rising research and development expenditure by leading players to develop innovative products is likely to propel the growth of this market during the forecast period.
- Increasing adoption of advanced technologies such as MEMS-based sensors is projected to create new opportunities for players operating in this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Strain Gauge Amplifiers Market Research Report
By Type
Single Channel Strain Gauge Amplifier, Multi Channel Strain Gauge Amplifier
By Application
Industrial, Automotive Industry, Rail Industry, Others
By Companies
X-SENSORS, Althen, Mantracourt, WIKA(Tecsis), Elsys AG, SENSY, Racelogic, GTM GmbH, FUTEK, Tilkom, HKM-Messtechnik, Monodaq
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Strain Gauge Amplifiers Market Report Segments:
The global Strain Gauge Amplifiers market is segmented on the basis of:
Types
Single Channel Strain Gauge Amplifier, Multi Channel Strain Gauge Amplifier
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Automotive Industry, Rail Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- X-SENSORS
- Althen
- Mantracourt
- WIKA(Tecsis)
- Elsys AG
- SENSY
- Racelogic
- GTM GmbH
- FUTEK
- Tilkom
- HKM-Messtechnik
- Monodaq
Highlights of The Strain Gauge Amplifiers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Channel Strain Gauge Amplifier
- Multi Channel Strain Gauge Amplifier
- By Application:
- Industrial
- Automotive Industry
- Rail Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Strain Gauge Amplifiers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Strain gauge amplifiers are used to measure strain in materials. They use a small current to create a large magnetic field, which can be used to detect the change in flux as the material is strained.
Some of the key players operating in the strain gauge amplifiers market are X-SENSORS, Althen, Mantracourt, WIKA(Tecsis), Elsys AG, SENSY, Racelogic, GTM GmbH, FUTEK, Tilkom, HKM-Messtechnik, Monodaq.
The strain gauge amplifiers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Strain Gauge Amplifiers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Strain Gauge Amplifiers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Strain Gauge Amplifiers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Strain Gauge Amplifiers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Strain Gauge Amplifiers Market Size & Forecast, 2020-2028
4.5.1 Strain Gauge Amplifiers Market Size and Y-o-Y Growth
4.5.2 Strain Gauge Amplifiers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Channel Strain Gauge Amplifier
5.2.2 Multi Channel Strain Gauge Amplifier
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Automotive Industry
6.2.3 Rail Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Strain Gauge Amplifiers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Strain Gauge Amplifiers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Channel Strain Gauge Amplifier
9.6.2 Multi Channel Strain Gauge Amplifier
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Automotive Industry
9.10.3 Rail Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Channel Strain Gauge Amplifier
10.6.2 Multi Channel Strain Gauge Amplifier
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Automotive Industry
10.10.3 Rail Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Channel Strain Gauge Amplifier
11.6.2 Multi Channel Strain Gauge Amplifier
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Automotive Industry
11.10.3 Rail Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Channel Strain Gauge Amplifier
12.6.2 Multi Channel Strain Gauge Amplifier
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Automotive Industry
12.10.3 Rail Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Channel Strain Gauge Amplifier
13.6.2 Multi Channel Strain Gauge Amplifier
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Automotive Industry
13.10.3 Rail Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Strain Gauge Amplifiers Market: Competitive Dashboard
14.2 Global Strain Gauge Amplifiers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 X-SENSORS
14.3.2 Althen
14.3.3 Mantracourt
14.3.4 WIKA(Tecsis)
14.3.5 Elsys AG
14.3.6 SENSY
14.3.7 Racelogic
14.3.8 GTM GmbH
14.3.9 FUTEK
14.3.10 Tilkom
14.3.11 HKM-Messtechnik
14.3.12 Monodaq
