This Encoder market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Encoder report simplifies managing marketing of goods and services effectively.
Global Encoder Market was valued at USD 2.3 billion in 2021 and is expected to reach USD 5.11 billion by 2029, registering a CAGR of 10.5% during the forecast period of 2022-2029.
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Market Overview:
Encoders assist industry in determining the exact location of any object as well as the angle at which certain pieces of equipment should be placed in order to achieve the desired outcomes. The encoders ensure workflow precision, operational speed, and process management. It also aids in the execution of high-feeding activities in the manufacturing industry, as well as the development of machine tools that fulfil the demand for high productivity.
Some of the major players operating in the Encoder market are Dynapar (US), OMRON Corporation (Japan), Baumer (Switzerland), ifm electronic gmbh (Germany), Sensata Technologies, Inc. (US), FAULHABER GROUP (US), Pilz GmbH & Co. KG (Germany), YUEQING YUMO ELECTRIC CO.,LTD (China), Hans Turck GmbH & Co. KG (Germany), Hengstler GmbH (Germany), POSIC (Switzerland), Micronor Sensors (US), Wachendorff Automation GmbH & Co. KG (Germany), Renishaw plc. (UK), HEIDENHAIN (Germany), Celera Motion (US), maxon. (Switzerland), HONTKO CO., LTD. (Taiwan), FRABA B.V. (Netherlands), Pepperl+Fuchs (Germany), and SIKO GmbH (Germany), among others.
Global Encoder Market Scope
The encoder market is segmented on the basis of type, product type, output, size, design and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
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Rotary
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Linear
On the basis of type, the encoder market is segmented into linear and rotary.
Product Type
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Non-Contacting
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Contacting
On the basis of product type, the encoder market is segmented into contacting and non-contacting.
Output
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Digital
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Analog
On the basis of output, the encoder market is segmented into analog and digital.
Design
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Hollow Shaft Encoders
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Solid Shaft Encoders
On the basis of design, the encoder market is segmented into solid shaft encoders and hollow shaft encoders.
Size
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31 mm - 70 mm
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Less than 30 mm
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71 mm - 100 mm
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More than 100 mm
On the basis of size, the encoder market is segmented into less than 30 mm, 31 mm – 70 mm, 71 mm – 100 mm and more than 100 mm.
End User
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Industrial
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Automotive
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Aerospace
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Medical
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Printing
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Food and Beverage
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Oil and Gas
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Consumer Electronics
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Textile
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Others
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Encoder Market Landscape
Part 04: Global Encoder Market Sizing
Part 05: Global Encoder Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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