Los Angeles, CA -- (SBWire) -- 03/27/2019 --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.
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.
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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.
Although production of Strain Gauges brought a lot of opportunities, the study group recommends the new entrants just having money but without downstream support do not enter into the Strain Gauges field abruptly.
The global Strain Gauges market is valued at 160 million US$ in 2018 is expected to reach 230 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2019-2025.
This report focuses on Strain Gauges volume and value at global level, regional level and company level. From a global perspective, this report represents overall Strain Gauges market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
VPG
HBM
Zemic
Yiling
HYCSYQ
NMB
KYOWA
LCT
Omega
TML
BCM
Piezo-Metrics
Hualanhai
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Segment by Regions
North America
Europe
China
Japan
Segment by Type
Stress Analysis Type
Transducer Type
Other (for Special Applications)
Segment by Application
Electronics and Measurement
Construction
Industrial
Other
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Global Strain Gauges Market Study Report 2019 : HBM, VPG, Zemic