Strain sensors play a pivotal role in quantifying stress and strain across diverse domains, encompassing engineering, industry, and medicine. Their applicability has recently extended into the realm of wearable electronics, enabling real-time monitoring of body movements. However, conventional strain sensors, while extensively employed, grapple with limitations such as diminished sensitivity, suboptimal tensile strength, and susceptibility to environmental factors. In contrast, polymer-based composite strain sensors have gained prominence for their capability to surmount these challenges. The integration of carbon nanotubes (CNTs) as reinforcing agents within the polymer matrix ushers in a transformative era, bolstering mechanical strength, electrical conductivity, and thermal stability. This study comprises three primary components: simulation, synthesis of nanocomposites for strain sensor fabrication, and preparation of a comprehensive measurement set for testing purposes. The fabricated strain sensors, incorporating a robust polymer matrix of polyaniline known for its exceptional conductivity and reinforced with carbon nanotubes as strengthening agents, demonstrate good characteristics, including a high gauge factor, stability, and low hysteresis. Moreover, they exhibit high strain sensitivity and show linearity in resistance changes concerning applied strain. Comparative analysis reveals that the resulting gauge factors for composite strain sensors consisting of carbon nanotubes/polyaniline and carbon nanotubes/polyaniline/silicone rubber are 144.5 and 167.94, respectively.