The Encoder Market is expected to grow at a CAGR 7.39% rate during the forecast period. Need for high-end automation and industry 4.0 are the factor driving the growth of the market.Rotary encoders to drive encoders market during forecast period. Rotary encoders track motor shaft rotation to generate a digital position and motion information. These encoders are widely used in industrial and commercial designs due to their durability and excellent performance. Typically, rotary encoders are electromechanical devices that are used to measure the number of rotations, the rotational angle, and the rotational position of equipment.

Optical technology to boost encoders market during forecast period. Optical encoders do not require any separate electronics to provide position or exact location. Their output is easier to specify and deploy and is immediately usable by a host control system. Due to the accuracy provided by optical encoders, they are widely used in automation in the textile, paper, wood, metal, rubber, plastics, and consumer electronics industries.

Industrial is expected to be the leading end use for the encoders market. The industrial end use is growing rapidly due to upcoming technologies such as robotics, automation, and smart manufacturing. As a result, the demand for encoders is increasing in industrial end uses to determine motion position, control of joint position, measurement of linear extension, gripper and finger feedback, and force feedback. Industrial holds the largest share in APAC due to the availability of advanced manufacturing processes in countries such as China and Japan.

APAC to be fastest-growing market during forecast period. Automotive, food & beverages, and industrial end-use industries in APAC have witnessed significant growth in the past few years. The growth in these industries has been propelled by a huge population shift and an increase in disposable income, which have prompted a higher demand for products in APAC. Manufacturers are adopting new techniques in manufacturing to reduce cost, save time, and improve product quality. These factors will continue to propel the demand for encoders in these industries in APAC during the forecast period.

Key market players includes HEIDENHAIN Gmbh (Germany), POSITAL FRABA inc (Germany), Sensata Technologies (US), Dynapar Corporation (US), and Baumer Group (Switzerland).

Key Questions Addressed by the Report

  • What are the emerging industrial applications of encoders?
  • What are the key drivers, restraints, opportunities, and challenges pertaining to the encoders market?
  • Which industries are the leading consumers of encoders?
  • Who are the leading manufacturers of encoders?
  • What are the recent developments in the encoders industry related to product launches, mergers and acquisitions, and partnerships?

  1. Introduction
  2. Market Definition
  3. Study Scope
  4. Study Period
  5. Market Stakeholders
  6. Research Methodology
  7. Secondary Research
  8. Primary Research
  9. Research Design
  10. Data Validation
  11. Limitations and Assumptions
  12. Market Dynamics
  13. Drivers
  14. Need for High-End Automation Across Industries
  15. Industry 4.0
  16. Challenges
  17. Problems With Accuracy
  18. Mechanical Failure in Harsh Environments
  19. Varying International Regulations
  20. Opportunities
  21. Increasing Demand for Artificial Intelligence-Based Systems
  22. Upcoming Technologies in Automotive Industry
  23. Executive Summary
  24. Encoders Market, By Type
  25. Linear encoders
  26. Incremental
  27. Absolute
  28. Rotary encoders
  29. Incremental
  30. absolute
  31. Encoders Market, By Technology Type
  32. Optical
  33. Magnetic
  34. Others
  35. Encoders Market, By Service
  36. Installation and calibration
  37. Optimization and post-sales support
  38. Encoders Market, By End Use
  39. Automotive
  40. Consumer electronics
  41. Industrial
  42. Food and beverages
  43. Medical
  44. Printing
  45. Textile
  46. Others
  47. Encoders Market, By Region
  48. North America
  49. US
  50. Canada
  51. Mexico
  52. Europe
  53. UK
  54. Germany
  55. France
  56. Rest of Europe
  57. Asia Pacific
  58. Japan
  59. China
  60. India
  61. Rest of APAC
  62. Rest of the World
  63. Company Profiles
  64. Leading Companies in Encoders Market
  65. Baumer Group
  66. Sensata Technologies
  67. Dynapar Corporation
  68. Omron Automation
  69. Rockwell Automation Inc.
  70. Faulhaber Group
  71. Posital-Fraba Inc.
  72. Heidenhain GmbH
  73. IFM Electronic GmbH
  74. Maxon Motor Ag
  75. Other Companies in Encoders Market
  76. *Company introduction, financial information, recent developments, SWOT analysis
  77. Conclusion and Recommendations
  78. Appendix
  79. About
  80. Related Reports
  81. Glossary

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