Lewes, DE -- (SBWire) -- 07/31/2018 --Strain Gage (Strain Gauge) market will register a 4.9% CAGR in terms of revenue, reach US$ 280 million by 2023, from US$ 210 million in 2017.
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 gages are of the stucture, in which a metallic foil film in the thickness of a few microns is glued on a thin electrically insulated sheet (such as polyimide, polyester and so on). This foil film is cut down by photo-etching method in the shape of strain gages which can be made with the negative film masks of the strain gage patterns.
These photo-etched strain gage patterns are trimmed to have a standard resistance value satisfying requirements as the strain gages. In addition, for strain gages in general applications, thermal resistance factors of the foil films are controlled to have three categories to match with the thermal elongation factors of 3 major and most popular materials of mild steel/11ppm, stainless steel/16ppm and aluminium alloy/23ppm, for which our strain gages can be self-temperature compensated to minimize temerature effects if specified so when ordering.
The global average price of Strain Gages is in the decreasing trend, from 886 USD/K Pcs in 2012 to 840 USD/ K Pcs in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
Strain Gages 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 Gages 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 Gages field abruptly.
Over the next five years,study projects that Strain Gage (Strain Gauge) will register a 4.9% CAGR in terms of revenue, reach US$ 280 million by 2023, from US$ 210 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
VPG
HBM
Zemic
Yiling
HYCSYQ
NMB
KYOWA
LCT
Omega
TML
BCM
Piezo-Metrics
Hualanhai
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Stress Analysis Type
Transducer Type
Other (for Special Applications)
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Electrical Equipment
Civil Engineering
Building Construction
Chemicals and Medicine
Other
Spanning over 144 pages "Forecast of Global Strain Gage (Strain Gauge) Market 2023" report covers Strain Gage (Strain Gauge) Market Overview, Global Strain Gage (Strain Gauge) Sales, Revenue (Value) and Market Share by Players, Global Strain Gage (Strain Gauge) Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Strain Gage (Strain Gauge) Sales, Revenue and Price, Europe Top 5 Players Strain Gage (Strain Gauge) Sales, Revenue and Price, Asia-Pacific Top 5 Players Strain Gage (Strain Gauge) Sales, Revenue and Price, South America Top 5 Players Strain Gage (Strain Gauge) Sales, Revenue and Price, Middle East & Africa Top 5 Players Strain Gage (Strain Gauge) Sales, Revenue and Price, Global Strain Gage (Strain Gauge) Players Profiles/Analysis, Global Strain Gage (Strain Gauge) Market Forecast (2018-2023), Strain Gage (Strain Gauge) Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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