What is the total market value of global deep hole drilling machines market report?

The global deep hole drilling machines market size was valued at $611.1 million in 2019 and is projected to reach $784.1 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. Deep hole drilling machines are utilized for drilling holes with depth-to-diameter (D:d) more than 10:1 and up to 400:1. It is especially designed for manufacturing of accurate and straight drilled workpieces, which find application in various industries, including automotive parts, medical and surgical tools, aerospace & defense related parts, and others Test.

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Which is base year calculated in the global deep hole drilling machines market report?

The global deep hole drilling machines market size was valued at $611.1 million in 2019 and is projected to reach $784.1 million by 2027, registering a CAGR of 6.2% from 2020 to 2027. Deep hole drilling machines are utilized for drilling holes with depth-to-diameter (D:d) more than 10:1 and up to 400:1. It is especially designed for manufacturing of accurate and straight drilled workpieces, which find application in various industries, including automotive parts, medical and surgical tools, aerospace & defense related parts, and others Test.

Global Strain Gauge Sensors Market Report By Type (Mechanical Strain Gauge Sensors, Electrical Strain Gauge Sensors, Piezoelectric Strain Gauge Sensors), By Mounting Type (Bounded Strain Gauges, Unbounded Strain Gauges), By Construction (Optical Sensors, Semiconductor Strain Gauges, Photoelectric Gauges, Thin-Film Strain Gauges, Diffused Semiconductor Strain Gauges), By Application (Vibration Monitoring, Residual Stress, Torque Measurement, Strain Measurement, Deflection & Bending Measurement) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11213036

April 2021

Global Strain Gauge Sensors Market Overview

Strong demand for strain gauge sensors has been attributed to the rapid advancement in end-user industries. Strain gauges are sensors that are utilized in a variety of physical measurements. They change resistance when they are stretched or compressed. Because of this property, strain gauges are often bonded to a solid surface and measure acceleration, pressure, tension, and force. The manufacturing industry's substantial growth has led to increasing demand for different types of industrial weighing equipment. Thus, growing demand for strain gauge sensors. Domestic weighing scales utilize strain gauges to measure the small deformations of a metal piece under load. In the metals processing industry's demanding environment, getting the right balance between accuracy, speed, and reliability in the sensing systems can mean a great deal. The global weighing equipment market was valued at around USD 2,000 million in 2020 and is expected to reach over USD 2,750 in 2027, growing at a CAGR of over 4.75% during the forecast period. This, in turn, likely to boost the demand for strain gauge sensors market over the forecast period.

According to Value Market Research, the global strain gauge sensors market size was valued at around USD 149.9 million in 2020 and is estimated to grow at a CAGR of about 5.22% during the forecast period 2021 to 2027.

A large number of applications across industries are seen as a lucrative opportunity for this market. The strain gauge technology has been in use in aerospace applications for since long. Strain gauges are directly bonded to structural load-bearing components. This helps in measuring stresses along the valuable load path for wing deflection. It has been used for maintaining rail safety for a long. Strain gauges find their use in places where a rail line is placed atop a mine or railroad to measure stress and strain on rails bonded to each rail. Strain gauges are used to measure the torque applied by a motor, turbine, or engine to fans, generators, wheels, or propellers. This equipment is found in power plants, ships, refineries, automobiles, and industry at large. Strain gauges are used in Smart bridge technology, which allows efficient and effective real-time monitoring assisting in a thorough inspection of the bridges. Bridges are assessed in the field for structural damage, including visual inspection, dye penetrant testing, and many other techniques. However, rising unemployment due to COVID 19 and shrinking economies is expected to affect the demand for strain gauge sensors to some extent.

The global strain gauge sensors market is highly fragmented, with big as well as small players. The new product launch, research activities, and strategic partnership agreements for product portfolio expansion are some of the business strategies adopted by the key players operating in the global strain gauge sensors market. The significant players studied in the report are HBM, Kyowa Electronic Instruments Co. Ltd., Vishay Intertechnology, Inc., ATI Industrial Automation, OMEGA Engineering, Piezo-Metrics Inc., FUTEK Advanced Sensor Technology, Inc., ABB Group.

In this research report, the strain gauge sensors market is segmented by type, mounting type, construction, and application, and region.

Analysis, by Type
By type, the report is categorized into mechanical strain gauge sensors, electrical strain gauge sensors, and others. Mechanical strain gauge sensors dominated the global market owing to their advantages over others. Mechanical strain gauges are used to determine the strain in concrete specimens and structures, different structure parts in remote areas, and under adverse conditions due to the advantage of being independent of time and temperature effects. On the other side, an electrical strain gauge has its benefits, provides minimal deformation since shifts within the atomic structure cause the charge effect. This enables the realization of highly rigid structures featuring high natural frequencies. An electrical strain gauge is ideal for capturing very fast or high-frequency measurement events. It can be attached to components of any shape which may be moving,

Analysis, by Mounting Type
By mounting type, the report is segmented into bounded strain gauges and unbounded strain gauges. Bounded strain gauges led the global market with two-thirds shares. Bounded strain gauges are widely preferred across the end-use industry due to their excellent accuracy and rugged assembly that is not degraded by shock and vibration. Unbounded strain gauges are exclusively used in transducer applications. It measures the tiny motion of the order of 50 micrometers and very small forces.

Analysis, by Construction
By construction, the report is fragmented into optical sensors, semiconductor strain gauges, photoelectric gauges, thin-film strain gauges, and diffused semiconductor strain gauges. Thin-film strain gauges accounted for a significant share in the market, followed by semiconductor strain gauges, photoelectric gauges, and optical sensors. Thin-film technology is more rugged, lightweight, and simple than other sensors while also being cheaper and more reliable. Thin-film constructed strain gages have become the preferred choice of measuring strain in critical applications where the need is for small size, long-term stability, robust performance, and superior accuracy.

Analysis, by Application
By application, the report is divided into vibration monitoring, residual stress, torque measurement, strain measurement, and deflection & bending measurement. The strain measurement application segment held the largest share in the global market. Strain gauge sensors are primarily used for measuring strain. Expanding strain measuring applications across industries with today’s emphasis on product liability and energy efficiency drives segment growth. Strain gauge sensors are also cost-effective means for torque measurement. They are very reliable, stable, and robust.

Analysis, by Region
The Asia Pacific topped the global market, followed by Europe and North America. The Asia Pacific growth is driven by the expanding end-use industries, growing consumerism, and government initiatives for industry growth. The region is witnessing very positive growth due to the thriving automotive, aerospace, and manufacturing industries landscape and high adoption rate of precise instruments. Europe and North America also offer ample growth prospects. Heightened focus on system efficiency, safety, and comfort are steering demand across the region. Markets for instrumentation and sensor are growing in Europe as more work becomes automated and technologically advanced. The need for the proper tools to ensure that these machines are operating correctly continues to grow.

Market Segmentation covered in the Report:
By Type

Mechanical Strain Gauge Sensors
Electrical Strain Gauge Sensors
Others

By Mounting Type

Bounded Strain Gauges
Unbounded Strain Gauges

By Construction

Optical Sensors
Semiconductor Strain Gauges
Photoelectric Gauges
Thin-Film Strain Gauges
Diffused Semiconductor Strain Gauges

By Application

Vibration Monitoring
Residual Stress
Torque Measurement
Strain Measurement
Deflection & Bending Measurement

By Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

METHODOLOGY:

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY
       2.1. Highlights of Strain Gauge Sensors Market
       2.2. Global Strain Gauge Sensors Market Snapshot

3 . STRAIN GAUGE SENSORS – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Strain Gauge Sensors Market
       3.3. Market Restraints of Strain Gauge Sensors Market
       3.4. Opportunities of Strain Gauge Sensors Market
       3.5. Trends of Strain Gauge Sensors Market
       3.6. Porter’s Five Force Analysis of Strain Gauge Sensors Market
       3.7. Strain Gauge Sensors Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Type
           3.7.2 Market Attractive Analysis by Mounting Type
           3.7.3 Market Attractive Analysis by Construction
           3.7.4 Market Attractive Analysis by Application
           3.7.5 Market Attractive Analysis by Region

4 . VALUE CHAIN ANALYSIS
       4.1. Strain Gauge Sensors Value Chain Analysis
       4.2. Strain Gauge Sensors Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Strain Gauge Sensors Raw Material Manufactures List
           4.2.3. Price Trend of Strain Gauge Sensors Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend

5 IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak on Strain Gauge Sensors Market
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Strain Gauge Sensors Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Strain Gauge Sensors Market Size in 2020, by Scenario
       5.5. COVID-19: Micro and Macro Factor Analysis on Strain Gauge Sensors Market

6 . GLOBAL STRAIN GAUGE SENSORS MARKET ANALYSIS BY TYPE
       6.1 Overview by Type
       6.2 Historical Data 2015-2018
       6.3 Global Strain Gauge Sensors Market Analysis by Type
       6.4 Market Analysis of Mechanical Strain Gauge Sensors by Regions
       6.6 Market Analysis of Electrical Strain Gauge Sensors by Regions
       6.5 Market Analysis of Piezoelectric Strain Gauge Sensors by Regions

7 . GLOBAL STRAIN GAUGE SENSORS MARKET ANALYSIS BY MOUNTING TYPE
       7.1 Overview by Mounting Type
     7.2 Historical Data 2015-2018
       7.3 Global Strain Gauge Sensors Market Analysis by Mounting Type
       7.4 Market Analysis of Bounded Strain Gauges by Regions
       7.5 Market Analysis of Unbounded Strain Gauges by Regions

8 . GLOBAL STRAIN GAUGE SENSORS MARKET ANALYSIS BY CONSTRUCTION
       8.1 Overview by Construction
       8.2 Historical Data 2015-2018
       8.3 Global Strain Gauge Sensors Market Analysis by Construction
       8.4 Market Analysis of Optical Sensors by Regions
       8.5 Market Analysis of Semiconductor Strain Gauges by Regions
       8.6 Market Analysis of Photoelectric Gauges by Regions
       8.7 Market Analysis of Thin-Film Strain Gauges by Regions
       8.8 Market Analysis of Diffused Semiconductor Strain Gauges by Regions

9 . GLOBAL STRAIN GAUGE SENSORS MARKET ANALYSIS BY APPLICATION
       9.1 Overview by Application
       9.2 Historical Data 2015-2018
       9.3 Global Strain Gauge Sensors Market Analysis by Application
       9.4 Market Analysis of Vibration Monitoring by Regions
       9.5 Market Analysis of Residual Stress by Regions
       9.6 Market Analysis of Torque Measurement by Regions
       9.7 Market Analysis of Strain Measurement by Regions
       9.8 Market Analysis of Deflection & Bending Measurement by Regions

10 . GLOBAL STRAIN GAUGE SENSORS MARKET ANALYSIS BY GEOGRAPHY
       10.1. Regional Outlook
       10.2. Introduction
       10.3. North America
           10.3.1. Overview and Historic Data
           10.3.2. North America Strain Gauge Sensors Market Estimate By Market Segment
           10.3.3. North America Strain Gauge Sensors Market Estimate By Country
           10.3.4. United State
           10.3.5. Canada
           10.3.6. Mexico
       10.4. Europe
           10.4.1. Overview and Historic Data
           10.4.2. Europe Strain Gauge Sensors Market Estimate by Market Segment
           10.4.3. Europe Strain Gauge Sensors Market Estimate by Country
           10.4.4. United Kingdom
           10.4.5. France
           10.4.6. Germany
           10.4.7. Italy
           10.4.8. Russia
           10.4.9. Rest Of Europe
       10.5. Asia Pacific
           10.5.1. Overview and Historic Data
           10.5.2. Asia Pacific Strain Gauge Sensors Market Estimate by Market Segment
           10.5.3. Asia Pacific Strain Gauge Sensors Market Estimate by Country
           10.5.4. China
           10.5.5. India
           10.5.6. Japan
           10.5.7. South Korea
           10.5.8. Australia
           10.5.9. Rest Of Asia Pacific
       10.6. Latin America
           10.6.1. Overview and Historic Data
           10.6.2. Latin America Strain Gauge Sensors Market Estimate by Market Segment
           10.6.3. Latin America Strain Gauge Sensors Market Estimate by Country
           10.6.4. Brazil
           10.6.5. Argentina
           10.6.6. Peru
           10.6.7. Chile
           10.6.8. Rest of Latin America
       10.7. Middle East & Africa
           10.7.1. Overview and Historic Data
           10.7.2. Middle East & Africa Strain Gauge Sensors Market Estimate by Market Segment
           10.7.3. Middle East & Africa Strain Gauge Sensors Market Estimate by Country
           10.7.4. Saudi Arabia
           10.7.5. UAE
           10.7.6. Israel
           10.7.7. South Africa
           10.7.8. Rest Of Middle East And Africa

11 COMPETITIVE LANDSCAPE OF THE STRAIN GAUGE SENSORS COMPANIES
       11.1. Strain Gauge Sensors Market Competition
       11.2. Partnership/Collaboration/Agreement
       11.3. Merger And Acquisitions
       11.4. New Product Launch
       11.5. Other Developments

12 COMPANY PROFILES OF STRAIN GAUGE SENSORS INDUSTRY
       12.1. Company Share Analysis
       12.2. Market Concentration Rate
       12.3. HBM
           12.3.1. Company Overview
           12.3.2. Financials
           12.3.3. Products
           12.3.4. Recent Developments
       12.4. Kyowa Electronic Instruments Co. Ltd.
           12.4.1. Company Overview
           12.4.2. Financials
           12.4.3. Products
           12.4.4. Recent Developments
       12.5. Vishay Intertechnology, Inc.
           12.5.1. Company Overview
           12.5.2. Financials
           12.5.3. Products
           12.5.4. Recent Developments
       12.6. ATI Industrial Automation
           12.6.1. Company Overview
           12.6.2. Financials
           12.6.3. Products
           12.6.4. Recent Developments
       12.7. OMEGA Engineering
           12.7.1. Company Overview
           12.7.2. Financials
           12.7.3. Products
           12.7.4. Recent Developments
       12.8. Piezo-Metrics Inc.
           12.8.1. Company Overview
           12.8.2. Financials
           12.8.3. Products
           12.8.4. Recent Developments
       12.9. FUTEK Advanced Sensor Technology, Inc.
           12.9.1. Company Overview
           12.9.2. Financials
           12.9.3. Products
           12.9.4. Recent Developments
       12.10. The Crane Group Of Companies
           12.10.1. Company Overview
           12.10.2. Financials
           12.10.3. Products
           12.10.4. Recent Developments
       12.11. ABB Group
           12.11.1. Company Overview
           12.11.2. Financials
           12.11.3. Products
           12.11.4. Recent Developments

*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

LIST OF TABLES

LIST OF FIGURES

* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

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Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
Analyze and identify major market trends along with the factors driving or inhibiting the market growth
Study the company profiles of the major market players with their market share
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ID:VMR11213036

April 2021

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