Mayurikathade07 Nov, 2023Business
The Strain Gauge Sensors Market, valued at US$ 190.66 million in 2022, is projected to reach US$ 249.22 million by 2029, exhibiting a CAGR of 3.9% during the forecast period. Strain gauge sensors play a crucial role in various sectors, including printing, mining, and oil & gas, where precise force measurement is essential. These sensors are instrumental in testing objects with weight levels up to one ton, making them indispensable in industries demanding accurate force measurement. Key Insights: Strain Gauge Sensor Overview: A strain gauge is a sensor whose resistance changes with applied force. It is commonly used in applications where precise force measurement is required. The market is divided into metal strain gauge sensors and semiconductor strain gauge sensors, with metal strain gauges dominating the revenue share globally.
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