Market Overview:
The global magnet extensometers 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 these devices from various applications, such as dams, tunnels, and embankments. In addition, the growing demand for these devices from emerging economies is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in the manufacturing of magnet extensometers may restrain the growth of this market during the forecast period. On basis on type , spider magnets type segment accounted for larger share in global Magnet Extensometers Market and it projected to grow with highest CAGR over Forecast Period . On basis on application , dam application segment accounted largest share and it projected grow with highest CAGR over Forecast Period .
Product Definition:
Magnet extensometers are devices used to measure the strain in a material. The device consists of a small magnet that is attached to the material being measured and a sensor that measures the magnetic field. As the material is strained, the magnet moves and this movement is detected by the sensor. This allows for accurate measurements of strain in materials. Magnet extensometers are important for research and development as well as quality control in manufacturing processes.
Spider Magnets Type:
The global spider Magnets type market size was valued at USD 5.5 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of its increasing usage in Magneto-Optical Extensometers (MOPEs).
Plate Magnets Type:
Plate magnets are used in Magneto-Resistive (MR) sensors, which are widely used in measuring the magnetic field. The sensor consists of a coil of wire wrapped around an iron core. As the magnetic flux is passed through the coil, changing electric currents flow in it creating voltage fluctuations. These fluctuating voltages are measured and converted into digital values that give information about the strength of fields present around various objects or within a given volume.
Application Insights:
The others application segment held the largest share of over 50.0% in 2017. The other applications include bridges, buildings, tunnels and others. Extensometers are used for monitoring and evaluating the structural stability of these structures on a regular basis to ensure their long-term performance.
Extensometers are also used for testing the load-bearing capacity of embankments as well as slope stability by measuring settlement or sliding movements along with changes in inclination or grade at a specific location within an earth structure such as an embankment or slope (1). Inclination is measured by using a sensor that measures inclination angle θ i against vertical through its change in height h i from initial reference level l 0 (2). Settlement is estimated by using principles of geology related to resistive forces acting on soft soil particles due to elasticity energy stored within them (3).
Regional Analysis:
North America dominated the global market in terms of revenue in 2017. The growth can be attributed to the increasing demand for high-quality construction materials and growing infrastructure activities, especially in U.S. In addition, rising number of mining activities is expected to propel product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid development of infrastructure sector primarily road and rail network followed by dams and tunnels application across various countries such as China, India, Japan etc.; which includes major cities like Tokyo (Japan), Beijing (China) Mumbai (India), Hong Kong (China) and Delhi (India).
Growth Factors:
- Increasing demand for miniaturization in various industrial and commercial applications is expected to drive the growth of the magnet extensometers market over the forecast period.
- The increasing use of magnet extensometers in research and development activities is also anticipated to fuel market growth during the forecast period.
- Growing demand for non-contact measurement systems across a wide range of end-use industries is another key factor that is expected to propel market growth over the next few years.
- Rising awareness about benefits offered by magnet extensometers, such as accuracy and precision, is projected to boost demand for these devices during the forecast period. 5) Technological advancements in magnetic sensors are also likely 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
Magnet Extensometers Market Research Report
By Type
Spider Magnets Type, Plate Magnets Type
By Application
Dam Application, Tunnel Application, Embankments Application, Others
By Companies
SISGEO, GEOKON, Soil Instruments, Roctest, Durham Geo, Geosense, Pizzi InstrumentsÂ
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Magnet Extensometers Market Report Segments:
The global Magnet Extensometers market is segmented on the basis of:
Types
Spider Magnets Type, Plate Magnets Type
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
Dam Application, Tunnel Application, Embankments Application, 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:
- SISGEO
- GEOKON
- Soil Instruments
- Roctest
- Durham Geo
- Geosense
- Pizzi InstrumentsÂ
Highlights of The Magnet Extensometers 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:
- Spider Magnets Type
- Plate Magnets Type
- By Application:
- Dam Application
- Tunnel Application
- Embankments Application
- 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 Magnet Extensometers 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?
Magnet extensometers are a type of instrument used to measure the magnetic field strength and direction.
Some of the major companies in the magnet extensometers market are SISGEO, GEOKON, Soil Instruments, Roctest, Durham Geo, Geosense, Pizzi Instruments‚Â .
The magnet extensometers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Magnet Extensometers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Magnet Extensometers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnet Extensometers Market - Supply Chain
4.5. Global Magnet Extensometers Market Forecast
4.5.1. Magnet Extensometers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnet Extensometers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnet Extensometers Market Absolute $ Opportunity
5. Global Magnet Extensometers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Magnet Extensometers Market Size and Volume Forecast by Type
5.3.1. Spider Magnets Type
5.3.2. Plate Magnets Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnet Extensometers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Magnet Extensometers Market Size and Volume Forecast by Application
6.3.1. Dam Application
6.3.2. Tunnel Application
6.3.3. Embankments Application
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnet Extensometers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Magnet Extensometers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Magnet Extensometers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Magnet Extensometers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Magnet Extensometers Demand Share Forecast, 2019-2026
9. North America Magnet Extensometers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Magnet Extensometers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Magnet Extensometers Market Size and Volume Forecast by Application
9.4.1. Dam Application
9.4.2. Tunnel Application
9.4.3. Embankments Application
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnet Extensometers Market Size and Volume Forecast by Type
9.7.1. Spider Magnets Type
9.7.2. Plate Magnets Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Magnet Extensometers Demand Share Forecast, 2019-2026
10. Latin America Magnet Extensometers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Magnet Extensometers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Magnet Extensometers Market Size and Volume Forecast by Application
10.4.1. Dam Application
10.4.2. Tunnel Application
10.4.3. Embankments Application
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnet Extensometers Market Size and Volume Forecast by Type
10.7.1. Spider Magnets Type
10.7.2. Plate Magnets Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Magnet Extensometers Demand Share Forecast, 2019-2026
11. Europe Magnet Extensometers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Magnet Extensometers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Magnet Extensometers Market Size and Volume Forecast by Application
11.4.1. Dam Application
11.4.2. Tunnel Application
11.4.3. Embankments Application
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnet Extensometers Market Size and Volume Forecast by Type
11.7.1. Spider Magnets Type
11.7.2. Plate Magnets Type
11.8. Basis Point Share (BPS) Analysisby Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Magnet Extensometers Demand Share, 2019-2026
12. Asia Pacific Magnet Extensometers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Magnet Extensometers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Magnet Extensometers Market Size and Volume Forecast by Application
12.4.1. Dam Application
12.4.2. Tunnel Application
12.4.3. Embankments Application
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnet Extensometers Market Size and Volume Forecast by Type
12.7.1. Spider Magnets Type
12.7.2. Plate Magnets Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Magnet Extensometers Demand Share, 2019-2026
13. Middle East & Africa Magnet Extensometers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Magnet Extensometers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Magnet Extensometers Market Size and Volume Forecast by Application
13.4.1. Dam Application
13.4.2. Tunnel Application
13.4.3. Embankments Application
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnet Extensometers Market Size and Volume Forecast by Type
13.7.1. Spider Magnets Type
13.7.2. Plate Magnets Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Magnet Extensometers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Magnet Extensometers Market: Market Share Analysis
14.2. Magnet Extensometers Distributors and Customers
14.3. Magnet Extensometers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SISGEO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GEOKON
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Soil Instruments
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Roctest
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Durham Geo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Geosense
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pizzi Instruments
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
