Strain Gauges Market Survey Report 2019 with Statistics Till 2025: Along With Impact of Covid-19

The "Strain Gauges Market" an off-the-shelf research report has recently added by Market Insights Reports to get an in-depth analysis of different attributes of industries and providing timely access to accurate, reliable and unbiased analysis of the market. The data provided related to the: Market Size in value and volume*, top market segments driving sales and revenue, top companies, the share of the market in the market and the top countries which account for the maximum production and consumption.

The Global Strain Gauges market report follows SWOT (Strengths, Weaknesses, Opportunities, and Threats) Analysis with expected of 4.4% CAGR values during forecast period.

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Key Players:

VPG, TML, HBM, Yiling, HYCSYQ, Zemic, LCT, NMB, Omega, KYOWA, BCM, Hualanhai, Piezo-Metrics, request free sample for complete list of companies.

The leading players of industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among players will help the industry aspirants in planning their strategies.

Summary

Strain Gauges, also called Strain Gages, are devices whose resistance changes under the application of force or strain. They can be used for measurement of force, strain, stress, pressure, displacement, acceleration etc. Strain Gauges demand has a certain space, but technical threshold is low, so the market is scattered. However, high end products concentrated in a small number of companies.

The global average price of Strain Gauges is in the decreasing trend, from 665 USD/K Pcs in 2012 to 631 USD/ K Pcs in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years. China is the largest consumption region of Strain Gauges, with a sales market share nearly 37% in 2016. North America is the second largest consumption region of Strain Gauges, enjoying production market share nearly 15.91% in 2016.
According to this study, over the next five years the Strain Gauges market will register a 4.4% CAGR in terms of revenue, the global market size will reach $ 208.7 million by 2025, from $ 175.9 million in 2019.

Strain Gauges Market Segmentation by types, Applications and regions:

Market Segment by Type covers:

Stress Analysis Type
Transducer Type
Others

Market Segmented by Applications:

Electronics and Measurement
Construction
Industrial
Others

Industry News:
OMEGA Releases Its New Line of High Precision Digital Pressure Gauges
The DPG210 features a large LCD screen, with 5 digit 17mm primary display. It can display both the current pressure and local temperature, and also maximum or minimum pressures from the reference data. Powerful functions include 10 common pressure units, adjustable acquisition rate, and flexible power supplies by battery or USB connection.
"This pressure gauge provides both our highest level of precision and local temperature indication. Its powerful functions make this pressure gauge ideal for a variety of applications, and its shock resistance especially sets it apart for outdoor applications, and the gas/oil industries." Autumn Hill, Product Manager for Omega Pressure & Force.

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Market Segment by Regions:

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)

These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.

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