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Semiconductor Strain Gauge Sensors market was valued at US$ 29 million in 2022 and is anticipated to reach US$ 46 million by 2029, witnessing a CAGR of 6.6% - Valuates Reports
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As opposed to other types of strain gages, semiconductor strain gages depend on the piezoresistive effects of silicon or germanium and measure the change in resistance with stress as opposed to strain. The semiconductor bonded strain gage is a wafer with the resistance element diffused into a substrate of silicon. It is widely used as sense element for transducer manufacturing and engineering stress analysis, Semiconductor Strain Gauges are not only used for surveying stress distribution, or static measurement for machinery, ships, bridges, aviation, but also used for non-linearity compensation of force transducers.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
BCM SENSOR TECHNOLOGIES, Micron Instrument, Kyowa Electronic Instruments and HT SENSOR TECHNOLOGY are the leaders of the Semiconductor Strain Gauge Sensors industry, which take about 50% market share. Europe is the major region of the global market, which takes about 35% market share.
This report aims to provide a comprehensive presentation of the global market for Semiconductor Strain Gauge Sensors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Semiconductor Strain Gauge Sensors.
The Semiconductor Strain Gauge Sensors market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Semiconductor Strain Gauge Sensors market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Semiconductor Strain Gauge Sensors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Segment by Type
Naked Gages
Backed Gages
Segment by Application
Industrial Measurement & Control
Weighing Equipment
Aerospace
Cranes
Others
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