The Global Strain Gauge market size is estimated to reach $21.32 million by 2026 growing at a CAGR of 2.95% over the forecast period of 2021-2026.
Strain gauges are sensors whose measured electrical resistance varies with applied force. Strain gauges are highly precise and are not influenced owing to temperature changes. Strain Gauges are increasingly being adopted to measure strain in underground tunnels, cavities, buildings, bridges, concrete, masonry dams, embedment in concrete and soil. Strain gauges consist of an insulating flexible backing for supporting a metallic foil pattern and is attached to the object using an adhesive. Strain gauge sensors are supported by a one-stop-shop product range and in-house technical expertise and have the ability to survive and thrive in harsh environments like deep space. Major factors driving the growth of the Strain Gauge market include growing demand for strain gauges in automotive applications, increasing focus on developing cost-effective and innovative strain gauges by the key players, and the rise in the research and development activities to create high-quality strain gauges.
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Key Market Players
Key Players in Global Strain Gauge Market consist of HBM (Germany), Vishay Intertechnology, Inc (US), ATI Industrial Automation (US), Kyowa Electronic Instruments Co., Ltd. (Japan), Piezo-Metrics Inc (US), FUTEK Advanced Sensor Technology, Inc.(US), ABB Group (Switzerland), The Crane Group of Companies (US), OMEGA Engineering (US), Zemic (Netherlands) among others.

Report Coverage and Scope
The report “Global Strain Gauge Market”, by Research Informatic covers an in-depth detailed analysis for the following segment which are covered under scope.
By Type
• Metal Strain Gauge
• Semiconductor Strain Gauge
By Mounting Type
• Bounded
• Unbounded
By Application
• Weighing Equipment
• Aerospace
• Industrial Measurement and Control
• Others
Geography
• North America
• Europe
• APAC
• RoW
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Key Takeaways from Global Strain Gauge Market Report:
• Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for types, mounting types, applications, and by different industry verticals.
• Understand the different dynamics influencing the market – key driving factors, challenges, and hidden opportunities.
• Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Analyze the sales and distribution channels across key geographies to improve top-line revenues.
• Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
• Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Market Dynamics
Driver: Growing demand for strain gauges in the aerospace industry.
Strain gauges and related accessories are effectively becoming a trusted and vital resource for aerospace engineers. Micro-Measurement strain gauge sensors have the ability to survive and thrive in harsh environments like deep space and are supported by a one-stop-shop product range and in-house technical expertise. Micro-Measurements strain gauge sensors provide stress analysis and measure aerodynamic forces for aerospace programs around the world. Strain gauges are increasingly being adopted in the aerospace industry owing to their ability to enable accurate measurement of aerodynamic forces, tests of aircraft wing fatigue, evaluation of material properties, in-flight testing and predictive maintenance, and component and sub-assembly tests. The key players in the developed nations are working on developing strain gauges that enable flight-critical systems and high-frequency energy tests.
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Challenge: Design and Installation Complexities.
The design and installation complexities of strain gauges is one of the major factors that is estimated to impact the growth of the Strain gauge market. The process of producing complex geometries for elastic elements increases the production costs of the strain gauge sensors. The elastic element of the products is one of the most expensive parts to comply with the specifications of dimensions and torque required for the target application. The complex geometries that require elaborate special tools and cutting operations increase the manufacturing time and require control programs for machine tools that are capable of achieving this level of complexity. During the projected period, the impact of this difficulty is predicted to be moderate.
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