Global Encoders Market Size is estimated to expand rapidly in coming years, at a CAGR of 7.6 % from 2018 to 2025. In 2017, the global market valuation was USD 1.1 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. An encoder is a tool that transforms data from one format or code into another for standardization, velocity or compression purposes, or a transducer, software, algorithm or individual. These can be complete or incremental encoders. Includes the need for high-end automation and industry 4.0, factors driving the demand of these encoders. Geographically, APAC region is expected to be the highest growing region in the global market of encoders.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global encoders market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global encoders market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Type Insights: On the basis of type, global encoders market has been segmented into linear and rotary. Among which rotary encoders segment is expected to be the highest growing segment in the global market of encoders. Rotary encoders monitor the rotation of the engine shaft to produce data for digital position and movement. Due to their durability and outstanding efficiency, these encoders are commonly used in industrial and commercial models. Rotating encoders are generally electromechanical instruments used for the measurement of rotation number, rotational angle and gear rotation position.

By Technology Insights: On the basis of technology, global encoders market has been segmented into optical, magnetic, and others. During the forecast period, the encoders industry for Optical Encoders will develop at the largest CAGR. No distinct electronics are required to provide a place or precise place for optical encoders. They can be easily specified and deployed and can be operated by a host control system instantly. Based on the precision of the optical encoders, the textile, paper, wood, metal, rubber and plastics automation and consumer electronics sectors are commonly used.

By End Use Insights: On the basis of end use, global encoders market has been segmented into automotive, consumer electronics, industrial, food & beverage, medical, printing, and others. During the forecast period the encoder market for optical encoders will increase at the lowest CAGR. No distinct electronics are required to provide a place or precise place for optical encoder. They can be simpler to define and deploy their output and can be used instantly by a host control system. The precision of the encoders in textiles, paper, wood, metals, rubbers, plastics, and consumer electronics is a major factor in automation.

Regional Analysis

The encoders market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In the previous few years APAC has experienced a major development in the automobile, food and beverage and industrial end-use sectors. The development of the sectors was driven by an enormous change in the population and an increase in disposable income, which resulted in increased demand for APAC products.

North American manufacturers are introducing fresh production methods to decrease cost, save time and enhance product quality. During the forecast period, these variables will still increase demand for encoders in those sectors in North America. Europe is anticipated to dominate the global encoders market over the projected period. Promising aspects of encoders in end-use sectors, such as automotive, industrial and food and drink sectors, give companies in the region enormous possibilities for development in encoders markets.

Global Encoders Market Size, Share Analysis by Region 2017

Global Encoders Market Study Objective

1. To forecast the market size of encoders market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of encoders market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of encoders market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of encoders market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the encoders market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

HEIDENHAIN Gmbh, POSITAL FRABA inc, Sensata Technologies, Dynapar Corporation, and Baumer Group are some of the key players in the market of encoders.

Global Encoders Market Study Report Offer You!

The global encoders market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.