The global strain gauge sensors market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for strain gauge sensors in various industries such as aerospace, weighing equipment, and cranes. The metal strain gauge sensors segment is expected to dominate the global market during the forecast period due to their high accuracy and reliability.
The global metal strain gauge sensor market was valued at USD 1,890 million in 2018 and is projected to reach USD 2,907 million by 2030 with a CAGR of 5.5%. The semiconductor strain gauge sensor segment accounted for over 50% share of the total revenue generated by this industry in 2018 and it is expected that it will continue its dominance throughout the forecast period owing to its low cost per unit compared with other types of sensors available in this industry.
- The increasing demand for strain gauges in the automotive industry is a major factor driving the growth of the global strain gauge sensors market.
- The increasing use of smart devices and wearable technology is also a major factor driving the growth of this market.
- The growing need for accurate measurement and monitoring systems in various industries such as aerospace, oil & gas, power generation, and construction is another key driver for this market's growth.
- Increasing investments by governments to improve infrastructure are also expected to drive this market's growth over the forecast period (2016-2026).
- Increasing demand from emerging economies such as China and India will also be a key driver for this market's growth over the forecast period (2016-2026).
Industry Growth Insights published a new data on “Strain Gauge Sensors Market”. The research report is titled “Strain Gauge Sensors Market research by Types (Metal strain gauge Sensors, Semiconductor strain gauge Sensors), By Applications (Weighing Equipment, Aerospace, Cranes, Others), By Players/Companies Vishay, HBM, NMB, KYOWA, Zemic, Yiling, HYCSYQ, LCT, Hualanhai, Omega, TML, BCM, Piezo-Metrics”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Strain Gauge Sensors Market Research Report
By Type
Metal strain gauge Sensors, Semiconductor strain gauge Sensors
By Application
Weighing Equipment, Aerospace, Cranes, Others
By Companies
Vishay, HBM, NMB, KYOWA, Zemic, Yiling, HYCSYQ, LCT, Hualanhai, Omega, TML, BCM, Piezo-Metrics
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Strain Gauge Sensors Market Report Segments:
The global Strain Gauge Sensors market is segmented on the basis of:
Types
Metal strain gauge Sensors, Semiconductor strain gauge Sensors
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
Weighing Equipment, Aerospace, Cranes, 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:
- Vishay
- HBM
- NMB
- KYOWA
- Zemic
- Yiling
- HYCSYQ
- LCT
- Hualanhai
- Omega
- TML
- BCM
- Piezo-Metrics
Highlights of The Strain Gauge Sensors 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:
- Metal strain gauge Sensors
- Semiconductor strain gauge Sensors
- By Application:
- Weighing Equipment
- Aerospace
- Cranes
- 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 Sensors 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.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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 gauges are sensors that measure the amount of strain on a material. This can be used to determine how strong or weak the material is.
Some of the major players in the strain gauge sensors market are Vishay, HBM, NMB, KYOWA, Zemic, Yiling, HYCSYQ, LCT, Hualanhai, Omega, TML, BCM, Piezo-Metrics.
The strain gauge sensors market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Strain Gauge Sensors 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. Strain Gauge Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Strain Gauge Sensors Market - Supply Chain
4.5. Global Strain Gauge Sensors Market Forecast
4.5.1. Strain Gauge Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Strain Gauge Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Strain Gauge Sensors Market Absolute $ Opportunity
5. Global Strain Gauge Sensors 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. Strain Gauge Sensors Market Size and Volume Forecast by Type
5.3.1. Metal strain gauge Sensors
5.3.2. Semiconductor strain gauge Sensors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Strain Gauge Sensors 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. Strain Gauge Sensors Market Size and Volume Forecast by Application
6.3.1. Weighing Equipment
6.3.2. Aerospace
6.3.3. Cranes
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Strain Gauge Sensors 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. Strain Gauge Sensors 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 Strain Gauge Sensors 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. Strain Gauge Sensors 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 Strain Gauge Sensors Demand Share Forecast, 2019-2026
9. North America Strain Gauge Sensors 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 Strain Gauge Sensors 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 Strain Gauge Sensors Market Size and Volume Forecast by Application
9.4.1. Weighing Equipment
9.4.2. Aerospace
9.4.3. Cranes
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 Strain Gauge Sensors Market Size and Volume Forecast by Type
9.7.1. Metal strain gauge Sensors
9.7.2. Semiconductor strain gauge Sensors
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 Strain Gauge Sensors Demand Share Forecast, 2019-2026
10. Latin America Strain Gauge Sensors 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 Strain Gauge Sensors 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 Strain Gauge Sensors Market Size and Volume Forecast by Application
10.4.1. Weighing Equipment
10.4.2. Aerospace
10.4.3. Cranes
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 Strain Gauge Sensors Market Size and Volume Forecast by Type
10.7.1. Metal strain gauge Sensors
10.7.2. Semiconductor strain gauge Sensors
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 Strain Gauge Sensors Demand Share Forecast, 2019-2026
11. Europe Strain Gauge Sensors 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 Strain Gauge Sensors 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 Strain Gauge Sensors Market Size and Volume Forecast by Application
11.4.1. Weighing Equipment
11.4.2. Aerospace
11.4.3. Cranes
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 Strain Gauge Sensors Market Size and Volume Forecast by Type
11.7.1. Metal strain gauge Sensors
11.7.2. Semiconductor strain gauge Sensors
11.8. Basis Point Share (BPS) Analysis by 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 Strain Gauge Sensors Demand Share, 2019-2026
12. Asia Pacific Strain Gauge Sensors 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 Strain Gauge Sensors 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 Strain Gauge Sensors Market Size and Volume Forecast by Application
12.4.1. Weighing Equipment
12.4.2. Aerospace
12.4.3. Cranes
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 Strain Gauge Sensors Market Size and Volume Forecast by Type
12.7.1. Metal strain gauge Sensors
12.7.2. Semiconductor strain gauge Sensors
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 Strain Gauge Sensors Demand Share, 2019-2026
13. Middle East & Africa Strain Gauge Sensors 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 Strain Gauge Sensors 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 Strain Gauge Sensors Market Size and Volume Forecast by Application
13.4.1. Weighing Equipment
13.4.2. Aerospace
13.4.3. Cranes
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 Strain Gauge Sensors Market Size and Volume Forecast by Type
13.7.1. Metal strain gauge Sensors
13.7.2. Semiconductor strain gauge Sensors
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 Strain Gauge Sensors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Strain Gauge Sensors Market: Market Share Analysis
14.2. Strain Gauge Sensors Distributors and Customers
14.3. Strain Gauge Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Vishay
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HBM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NMB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KYOWA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zemic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yiling
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. HYCSYQ
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LCT
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hualanhai
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Omega
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TML
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. BCM
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Piezo-Metrics
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
