What is Global Video Extensometers Market?
The Global Video Extensometers Market is a specialized sector within the broader market of precision measurement tools. Video extensometers are devices that measure the elongation, deformation, displacement, strain, and stress of materials under controlled conditions. They are used in various industries such as manufacturing, construction, and research and development to ensure the quality and durability of materials. The global market for these devices is growing due to the increasing demand for precise and accurate measurement tools in various industries. The market was valued at US$ 53 million in 2022 and is expected to grow to US$ 73 million by 2029. This growth is driven by the increasing demand for high-quality materials in various industries and the need for precise measurement tools to ensure their quality and durability.
Resolution Less than 0.5μm, Resolution Between 0.5-2μm, Resolution More than 2μm in the Global Video Extensometers Market:
The Global Video Extensometers Market is segmented based on resolution into three categories: less than 0.5μm, between 0.5-2μm, and more than 2μm. The resolution of a video extensometer determines its ability to accurately measure small changes in the size or shape of a material. Video extensometers with a resolution of less than 0.5μm are used for very precise measurements, such as in the semiconductor industry or in research and development labs. Those with a resolution between 0.5-2μm are used in industries where a moderate level of precision is required, such as in the manufacturing of consumer electronics. Video extensometers with a resolution of more than 2μm are used in industries where large-scale measurements are required, such as in the construction industry. The demand for video extensometers with different resolutions varies based on the specific needs of different industries.
Plastic Measurement, Metal Measurement, Composite Material Measurement, Others in the Global Video Extensometers Market:
The Global Video Extensometers Market finds its application in various areas such as plastic measurement, metal measurement, composite material measurement, and others. In the plastic measurement sector, video extensometers are used to measure the deformation and strain of plastic materials under different conditions. This is crucial in ensuring the quality and durability of plastic products. In the metal measurement sector, these devices are used to measure the stress and strain of metal materials under various loads. This helps in determining the strength and durability of metal products. In the composite material measurement sector, video extensometers are used to measure the deformation and strain of composite materials, which are made up of two or more different materials. This helps in ensuring the quality and durability of composite products. In other sectors, these devices are used for various other measurement purposes.
Global Video Extensometers Market Outlook:
The market outlook for the Global Video Extensometers Market is promising. The market, which was valued at US$ 53 million in 2022, is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2029, reaching a value of US$ 73 million. This growth is driven by the increasing demand for precise and accurate measurement tools in various industries. The plastic measurement sector is the main application area for video extensometers, accounting for more than 40% of the total market. This indicates the significant role of plastic products in various industries and the need for precise measurement tools to ensure their quality and durability.
| Report Metric | Details |
| Report Name | Video Extensometers Market |
| Accounted market size in 2023 | US$ 56 in million |
| Forecasted market size in 2029 | US$ 73 million |
| CAGR | 4.7 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Zwick Roell, Instron Limited, Ametek, Shimadzu, MTS, Imetrum, Epsilon Tech, BESMAK, 3R labo, Qualitest |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
