Market Analysis and Insights: Global Semiconductor Strain Gauge Sensors Market

As opposed to other types of strain gages, semiconductor strain gages depend on the piezoresistive effects of silicon or germanium and measure the change in resistance with stress as opposed to strain. The semiconductor bonded strain gage is a wafer with the resistance element diffused into a substrate of silicon. It is widely used as sense element for transducer manufacturing and engineering stress analysis, Semiconductor Strain Gauges are not only used for surveying stress distribution, or static measurement for machinery, ships, bridges, aviation, but also used for non-linearity compensation of force transducers.

Due to the COVID-19 pandemic, the global Semiconductor Strain Gauge Sensors market size is estimated to be worth US$ 29 million in 2022 and is forecast to a readjusted size of US$ 46 million by 2029 with a CAGR of 6.6% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Naked Gages accounting for % of the Semiconductor Strain Gauge Sensors global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Industrial Measurement & Control segment is altered to an % CAGR throughout this forecast period.

BCM SENSOR TECHNOLOGIES, Micron Instrument, Kyowa Electronic Instruments and HT SENSOR TECHNOLOGY are the leaders of the Semiconductor Strain Gauge Sensors industry, which take about 50% market share. Europe is the major region of the global market, which takes about 35% market share.

Global Semiconductor Strain Gauge Sensors Scope and Market Size

The global Semiconductor Strain Gauge Sensors market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Semiconductor Strain Gauge Sensors 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 (country), type and application for the period 2018-2029.


Segment by Type


Naked Gages

Backed Gages


Segment by Application


Industrial Measurement & Control

Weighing Equipment

Aerospace

Cranes

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


BCM Sensor

Micron Instruments

Kyowa

HT Sensor