Global encoder market will reach $6.31 billion by 2033, growing by 9.3% annually over 2023-2033. The growth is driven by the increased need for high-level automation across various industries, the surging demand for automobile and consumer electronics, and technological advancements.
Highlighted with 82 tables and 82 figures, this 175-page report "Global Encoder Market 2023-2033 by Encoder Type (Rotary, Linear), Signal Type (Absolute, Incremental), Technology (Optical, Magnetic, Photoelectric, Inductive), Application (Automotive, Electronics, Industrial, Healthcare), and Region: Trend Forecast and Growth Opportunity" is based on comprehensive research of the entire global encoder market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2021-2023 and provides forecast from 2024 till 2033 with 2023 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global encoder market in every aspect of the classification from perspectives of Encoder Type, Signal Type, Technology, Application, and Region.
Based on Encoder Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Rotary Encoders
• Linear Encoders
Based on Signal Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Absolute Encoders
• Incremental Encoders
By Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Optical Encoders
• Magnetic Encoders
• Photoelectric Encoders
• Inductive Encoders
• Other Technologies
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Automotive
• Consumer Electronics
• Textile
• Printing Machinery
• Industrial
• Healthcare
• Food & Beverage
• Power
• Aerospace
• Other Applications
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and annual revenue ($ mn) are available for 2023-2033. The breakdown of all regional markets by country and the breakdown of each national market by Encoder Type, Technology, and Application over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Balluff Inc.
Baumer Group
Dynapar Corporation (Fortive Corporation)
Elap Srl
Faulhaber Group
Fraba B.V. (Posital Fraba Inc.)
Gurley Precision Instruments
Heidenhain GmbH
Hengstler GmbH
Honeywell International
IFM Electronic GmbH
Kubler Group
Maxon Motor AG
Mitutoyo Corporation
Omron Corporation
Panasonic Corporation
Pepperl+Fuchs International
Pilz GmbH & Co. KG
Renishaw PLC
Rockwell Automation Inc.
Schneider Electric
Sensata Technologies, Inc.
Sick AG
Siko GmbH
Tamagawa Seiki Co.
TE Connectivity
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict 28
2.1.4 Impact of Israel-Palestine War 30
2.2 Major Growth Drivers 31
2.3 Market Restraints and Challenges 36
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter's Fiver Forces Analysis 43
3 Segmentation of Global Market by Encoder Type 47
3.1 Market Overview by Encoder Type 47
3.2 Rotary Encoders 49
3.3 Linear Encoders 50
4 Segmentation of Global Market by Signal Type 51
4.1 Market Overview by Signal Type 51
4.2 Absolute Encoders 53
4.3 Incremental Encoders 54
5 Segmentation of Global Market by Technology 55
5.1 Market Overview by Technology 55
5.2 Optical Encoders 57
5.3 Magnetic Encoders 58
5.4 Photoelectric Encoders 59
5.5 Inductive Encoders 60
5.6 Other Technologies 61
6 Segmentation of Global Market by Application 62
6.1 Market Overview by Application 62
6.2 Automotive 64
6.3 Consumer Electronics 65
6.4 Textile 66
6.5 Printing Machinery 67
6.6 Industrial 68
6.7 Healthcare 69
6.8 Food & Beverage 70
6.9 Power 71
6.10 Aerospace 72
6.11 Other Applications 73
7 Segmentation of Global Market by Region 74
7.1 Geographic Market Overview 2023-2033 74
7.2 North America Market 2023-2033 by Country 78
7.2.1 Overview of North America Market 78
7.2.2 U.S. 82
7.2.3 Canada 85
7.2.4 Mexico 87
7.3 European Market 2023-2033 by Country 89
7.3.1 Overview of European Market 89
7.3.2 Germany 93
7.3.3 U.K. 95
7.3.4 France 97
7.3.5 Spain 99
7.3.6 Italy 101
7.3.7 Russia 103
7.3.8 Rest of European Market 105
7.4 Asia-Pacific Market 2023-2033 by Country 107
7.4.1 Overview of Asia-Pacific Market 107
7.4.2 Japan 111
7.4.3 China 114
7.4.4 Australia 116
7.4.5 India 118
7.4.6 South Korea 120
7.4.7 Rest of APAC Region 122
7.5 South America Market 2023-2033 by Country 124
7.5.1 Argentina 127
7.5.2 Brazil 129
7.5.3 Chile 131
7.5.4 Rest of South America Market 133
7.6 MEA Market 2023-2033 by Country 134
7.6.1 UAE 137
7.6.2 Saudi Arabia 139
7.6.3 South Africa 141
7.6.4 Other National Markets 143
8 Competitive Landscape 144
8.1 Overview of Key Vendors 144
8.2 New Product Launch, Partnership, Investment, and M&A 147
8.3 Company Profiles 148
Balluff Inc. 148
Baumer Group 150
Dynapar Corporation (Fortive Corporation) 151
Elap Srl 152
Faulhaber Group 153
Fraba B.V. (Posital Fraba Inc.) 154
Gurley Precision Instruments 155
Heidenhain GmbH 156
Hengstler GmbH 157
Honeywell International 158
IFM Electronic GmbH 159
Kubler Group 160
Maxon Motor AG 161
Mitutoyo Corporation 162
Omron Corporation 163
Panasonic Corporation 164
Pepperl+Fuchs International 165
Pilz GmbH & Co. KG 166
Renishaw PLC 167
Rockwell Automation Inc. 168
Schneider Electric 169
Sensata Technologies, Inc. 170
Sick AG 171
Siko GmbH 172
Tamagawa Seiki Co. 173
TE Connectivity 174
RELATED REPORTS 175
Asia Pacific encoder market will grow by 10.6% annually with a total addressable market cap of $18.21 billion over 2024-2033. The growth is driven by the increased need for high-level automation across various industries, the surging demand for automobile and consumer electronics, and technological ...
Europe encoder market was valued at $ 727.2 million in 2023 and will grow by 8.1% annually over 2023-2033. The growth is driven by the increased need for high-level automation across various industries, the surging demand for automobile and consumer electronics, and technological advancements....
North America encoder market is projected to grow by 8.5% annually in the forecast period and reach $1.48 billion by 2033. The growth is driven by the increased need for high-level automation across various industries, the surging demand for automobile and consumer electronics, and technological adv...
Global encoder market will reach $6.31 billion by 2033, growing by 9.3% annually over 2023-2033. The growth is driven by the increased need for high-level automation across various industries, the surging demand for automobile and consumer electronics, and technological advancements.
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