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The strain gauges market is forecasted to grow by USD 87 million during 2023-2028, accelerating at a CAGR of 3.62% during the forecast period. The report on the strain gauges market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for strain gauges for field testing and stress and strain analysis, number of applications of strain gauges in industries, and growing demand for medical devices and compatible strain gauges.
The strain gauges market is segmented as below:
By Application
- Force and torque measurement
- Weighing and lifting equipment
- Field testing
- Aerospace and defense
- Others
By Type
- Quarter bridge strain gauge
- Strain gauge rosettes
- Piezoresistor
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the strain gauges market covers the following areas:
- Strain gauges market sizing
- Strain gauges market forecast
- Strain gauges market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global strain gauges market: Anyload, BCM SENSOR TECHNOLOGIES bvba, FUTEK Advanced Sensor Technology Inc., Guangzhou Electrical Measuring Instruments Factory, Hottinger Bruel and Kjaer GmbH, Indutrade AB, KeLi Sensing Technology Ningbo Co. Ltd., Kistler Group, KYOWA ELECTRONIC INSTRUMENTS CO. LTD., Mettler Toledo International Inc., Micron Instruments, MinebeaMitsumi Inc., Omega Engineering Inc., Spectris Plc, Thames Side Sensors Ltd., Tokyo Measuring Instruments Laboratory Co. Ltd., Vishay Precision Group Inc., Xiamen Loadcell Technology Co. Ltd., Zemic Europe BV, and Zhejiang Huangyan Testing Apparatus Factory.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advancements in material science and nanotechnology."
According to the report, one of the major drivers for this market is the increasing demand for strain gauges for field testing and stress and strain analysis.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Anyload
- BCM SENSOR TECHNOLOGIES bvba
- FUTEK Advanced Sensor Technology Inc.
- Guangzhou Electrical Measuring Instruments Factory
- Hottinger Bruel and Kjaer GmbH
- Indutrade AB
- KeLi Sensing Technology Ningbo Co. Ltd.
- Kistler Group
- KYOWA ELECTRONIC INSTRUMENTS CO. LTD.
- Mettler Toledo International Inc.
- Micron Instruments
- MinebeaMitsumi Inc.
- Omega Engineering Inc.
- Spectris Plc
- Thames Side Sensors Ltd.
- Tokyo Measuring Instruments Laboratory Co. Ltd.
- Vishay Precision Group Inc.
- Xiamen Loadcell Technology Co. Ltd.
- Zemic Europe BV
- Zhejiang Huangyan Testing Apparatus Factory
