Strain Gauges Smart Roads Market to Exhibit a Remarkable CAGR of 20.10% by 2029, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyses that the Strain gauges smart roads market was valued at USD 41793.2 million in 2021 and is expected to reach USD 180,904.63 million by 2029, registering a CAGR of 20.10% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Market Definition:

A strain gauge is a type of device which outputs a voltage relative proportional to an applied weight, force, pressure or tension. When the force changes, the resistance within the strain gauge also changes, allowing the direct measurement of the signal that is proportional to the force. As a result of substantial advancement of computer technologies, such as smart vehicle systems and intelligent traffic technology have improved the overall quality of transportation and roads all over the globe.

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Some of the major players operating in the strain gauges smart roads market are:

• Schneider Electric (France)
• IBM (U.S.)
• Intel Corporation (U.S.)
• General Electric (U.S.)
• (Ireland)
• Thales Group (France)
• ABB (Switzerland)
• AT&T Intellectual Property (U.S.)
• Honeywell International Inc. (U.S.)
• Infineon Technologies AG (Germany)
• DNV GL (Norway)
• ALE International (France)
• Kapsch TrafficCom AG (Austria)

Competitive Landscape and Strain Gauges Smart Roads Market Share Analysis:

The strain gauges smart roads market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to strain gauges smart roads market.

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