An optical encoder is an electromechanical device with mechanical input and electrical output. It provides multiple digital signals proportional to angular displacement of the input shaft. Optical encoders are commonly used in motion control systems to control and monitor speed, position, count and direction of components and machinery and equipment where it is installed. Optical encoder operation has no effect on the magnetic field and can be used in both stable, and unstable environments.
According to our research and analysis, manufacturers from North America and Europe are the major leaders in the international market of optical encoders. North America is the largest production and consumption region. In 2017, the North America production of optical encoders is 4325 K Units and consumption is about 4060 K Units, accounting for about 37.87% of global consumption. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price. Owning to lower production costs, many optical encoders giants have set up factories in China.
The Optical Encoder market was valued at 1280 Million US$ in 2018 and is projected to reach 1510 Million US$ by 2025, at a CAGR of 2.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Optical Encoder.
This report presents the worldwide Optical Encoder market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Broadcom
BEI Sensors
Renishaw
Hengstler
Dynapar
Baumer Group
Tokyo Sokuteikizai
CTS
Allied Motion
EPC
US Digital
CUI
Omron
Heidenhain
Bourns
Grayhill
Gurley
Honeywell
Honest Sensor Corporation
HONTKO
Yuheng Optics
Optical Encoder Breakdown Data by Type
Incremental Encoders
Absolute Encoders
Optical Encoder Breakdown Data by Application
Healthcare
Machine tool
Consumer Electronics
Assembly equipment
Other
Optical Encoder Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Optical Encoder Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Optical Encoder status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Optical Encoder manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Optical Encoder :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Optical Encoder market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Optical Encoder . Industry analysis & Market Report on Optical Encoder is a syndicated market report, published as Global Optical Encoder Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Optical Encoder market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.