Press release
Global Strain Gauge Sensors Market to Witness a Pronounce Growth During 2023
A strain gauge (or strain gage) is a sensor whose resistance varies with applied force; it converts force, pressure, tension, weight, etc., into a change in electrical resistance which can then be measured. When external forces are applied to a stationary object, stress and strain are the result. Stress is defined as the object's internal Strain Gauge forces, and strain is defined as the displacement and deformation that occur.
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Global Strain Gauge Sensors Market: Forecast by Type / Application / Region
At present, the production companies focus on China, it will reached a production volume of approximately 65888 K units in 2016, and the production volume share is 30.45%, and the secondary production region is USA, it will reached a production volume of 48175 K units in 2016, and the production volume share is 22.26%, Europe is following with 22.00% share.
There are major two classification of strain gauge Sensors in this report, metal strain gauge Sensors and semiconductor strain gauge Sensors. Globally, the revenue share of each type of strain gauge is 87.61% %and 12.39% in 2016.
At present, the world's large brands are mainly concentrated in USA, Japan and Europe. The top three manufactures are Vishay, HBM, Zemic, respectively with global production market share as 8.2%, 7.26% and 5.27% in 2016.
Over the next five years, LPI(LP Information) projects that Strain Gauge Sensors will register a 3.2% CAGR in terms of revenue, reach US$ 200 million by 2023, from US$ 170 million in 2017.
Global Strain Gauge Sensors Market: Key Players
Vishay
HBM
NMB
KYOWA
Zemic
Yiling
HYCSYQ
LCT
Hualanhai
Omega
TML
BCM
Piezo-Metrics
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Related Information:
United States Strain Gauge Sensors Market Research Report 2018
Europe Strain Gauge Sensors Market Research Report 2018
North America Strain Gauge Sensors Market Research Report 2018
Asia-Pacific Strain Gauge Sensors Market Research Report 2018
China Strain Gauge Sensors Market Research Report 2018
EMEA Strain Gauge Sensors Market Research Report 2018
Global Strain Gauge Sensors Market Research Report 2018
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