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.

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 recommends the new entrants just having money but without downstream support do not enter into the Strain Gauges field abruptly.

Market Analysis and Insights: Global Strain Gauges Market
In 2019, the global Strain Gauges market size was US$ 179.8 million and it is expected to reach US$ 240.6 million by the end of 2026, with a CAGR of 4.2% during 2021-2026.
Global Strain Gauges Scope and Market Size
Strain Gauges market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Strain Gauges market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Strain Gauges market is segmented into
Stress Analysis Type
Transducer Type
Other (for Special Applications)

Segment by Application, the Strain Gauges market is segmented into
Electronics and Measurement
Construction
Industrial
Other

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Strain Gauges Market Share Analysis
Strain Gauges market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Strain Gauges product introduction, recent developments, Strain Gauges sales by region, type, application and by sales channel.

The major companies include:
VPG
HBM
Zemic
Yiling
HYCSYQ
NMB
KYOWA
LCT
Omega
TML
BCM
Piezo-Metrics
Hualanhai