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A strain gauge is primarily a whose resistance differentiates with applied force. It further converts weight, tension, pressure, force, etc., into an electrical resistance change that can be measured further. Strain and stress are the results when a stationary object is applied by external forces. These gauges come in large size, variety, and shape. Their configurations are exceptionally accurate and affordable. Furthermore, strain gauges are one of the prominent sensors that can be applied to measuring mechanical quantities by electrical measurement techniques.
Based on the product, the market is segmented into foil strain gauge, wire strain gauge, and semiconductor strain gauge. The foil strain gauge type is expected to dominate and hold a significant share in the market, owing to its higher heat dissipation capacity when compared to wire-wound strain gauges. This is attributed to the larger surface area for the same volume, and greater surface area corresponds to better bonding. The wire strain gauge type consists of a fine wire-bonded firmly to thin paper and attached to an object that stress indicates time changes in strain by changing the electrical resistance of the wire.
Based on the application, the market is segmented into load cells, pressure transducer, torque transducer, and others. The load cells application segment is expected to dominate and hold a significant share in the market due to its wide range of applications from grocery shops to industries. A load cell is primarily an array of strain gauges that are used to convert the mechanical load into readable units. The main purpose of the load cell is to check or weigh the amount of transferred load. Due to the higher flexibility and accuracy provided by high-temperature strain measurement, they are continuously enlarging their application areas.
The major market driver for the high-temperature strain measurement market is the new generation of the measurement system with improved performance, which offers higher flexibility and accuracy. In addition, the increasing requirement for miniaturization, a paradigm shift towards connecting globally, and easy integration into systems are further expected to boost the market outlook.
The factor that is expected to inhibit the growth of the market is the tricky installation of strain gauges and requires professional assistance to operate. Also, it could be used for a particular specimen and cannot be removed or reused after the strain gauge is installed. Furthermore, the major difficulty in the supply chain management due to the COVID-19 outbreak is further expected to hinder the market growth.
Key Market Driver -
New generation high temperature strain measurement with improved performance
Key Market Restraint -
Tricky installation and require professional assistance
Some of the major companies that are present in the high-temperature strain measurement market are Vishay, NMB, HPI, Zemic, HBM, Piezo-Metrics, KYOWA, Yiling, TML, and HYCSYQ.
The high-temperature strain measurement market has been studied across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate and hold a major share in the market, owing to the large demand coming from the industrial sectors due to the higher accuracy and flexibility of strain gauges. In addition, an ideal shift for a connected world and increasing requirement for miniaturization is further estimated to create advancement in the market to produce smarter products. The U.S is estimated to dominate the regional market and hold a significant share, followed by Canada.
The Asia Pacific is another major market for high-temperature strain measurement due to the major demand from the emerging economies of the region, such as China and India. Also, the increasing industrialization propelled with the growing urbanization is another factor boosting the market for the product. China is expected to hold a major share in the market and dominates the regional market, followed by India, Japan, South Korea, and Australia. Europe is expected to grow in an analyzed time frame; this is majorly due to the presence of several key players in the region. Also, the autonomous vehicles propelled with the rapid growth in AI computing with improved commercials are expected to offer new growth opportunities in the market. The rapid growth in industrial and commercial sectors coupled with the new technological advancements are further expected to drive the market outlook in the region. Germany is expected to hold a major share in the market and dominates the regional market, followed by U.K., France, Italy, Spain, and Russia.
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