Encoders Market

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered
    1.4 Currency
    1.5 Package Size
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary and Primary Research
                    2.1.1.1 Key Industry Insights
           2.1.2 Secondary Data
                    2.1.2.1 Key Data From Secondary Sources
           2.1.3 Primary Data
                    2.1.3.1 Breakdown of Primaries
                    2.1.3.2 Key Data From Primary Sources
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 29)
    4.1 Attractive Growth Opportunities in Encoders Market
    4.2 Encoders Market, By Technology
    4.3 Encoders Market in APAC, By Country and Industry
    4.4 Encoders Market, By End Use
    4.5 Encoders Market, By Country (2018)

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Need for High-End Automation Across Industries
                    5.2.1.2 Industry 4.0
           5.2.2 Restraints
                    5.2.2.1 Problems With Accuracy
                    5.2.2.2 Varying International Regulations
           5.2.3 Opportunities
                    5.2.3.1 Increasing Demand for Artificial Intelligence-Based Systems
                    5.2.3.2 Upcoming Technologies in Automotive Industry
           5.2.4 Challenges
                    5.2.4.1 Mechanical Failure in Harsh Environments
    5.3 Value Chain Analysis

6 Encoders Market, By Type (Page No. - 39)
    6.1 Introduction
    6.2 Linear Encoders
           6.2.1 Incremental
                    6.2.1.1 Incremental Linear Array Gained Traction as It is Widely Used for Machine Control, Automated Processes, and Pick and Place Operations
           6.2.2 Absolute
                    6.2.2.1 Absolute Linear Array Gained Traction as It is Widely Used for CNC/PLC Feedback, Pick and Place Machines, Automotive Transfer Lines
    6.3 Rotary Encoders
           6.3.1 Incremental
                    6.3.1.1 Incremental Array to Dominate the Rotary Encoder Market During the Forecast Period
           6.3.2 Absolute
                    6.3.2.1 Absolute Rotary Array Plays One of the Most Significant Role in Encoder Market

7 Encoders Market, By Technology Type (Page No. - 45)
    7.1 Introduction
    7.2 Optical
           7.2.1 Optical Encoders Plays One of the Most Significant Role in the Market
    7.3 Magnetic
           7.3.1 Magnetic Encoders to Witness A Significant Growth in the Market
    7.4 Others

8 Encoders Market, By End Use (Page No. - 50)
    8.1 Introduction
    8.2 Automotive
           8.2.1 Automotive End Use to Witness A Significant Growth in the Encoder Market
    8.3 Consumer Electronics
           8.3.1 APAC to Dominate the Encoder Market for Consumer Electronics End-Use During the Forecast Period
    8.4 Industrial
           8.4.1 Industrial End-Use to Dominate the Encoder Market During the Forecast Period
    8.5 Food & Beverage
           8.5.1 Food & Beverage End-Use to Witness A Significant Growth in the Encoder Market During the Forecast Period
    8.6 Medical
           8.6.1 Medical End-Use is Expected to Witness A Significant Growth for Forecast Period
    8.7 Printing
           8.7.1 North America to Drive Encoder Market for Printing End-Use
    8.8 Textile
           8.8.1 Weaving, Knitting, Printing, and Extruding are Key Application Areas of Encoders for Textile End-Use
    8.9 Others

9 Geographic Analysis (Page No. - 74)
    9.1 Introduction
    9.2 North America
           9.2.1 US
                    9.2.1.1 Robotics and Production Automation to Drive the Market for Encoders in the Us
           9.2.2 Canada
                    9.2.2.1 Growth in the Automotive Industry Drives Encoders Market in Canada
           9.2.3 Mexico
                    9.2.3.1 Growing Consumer Electronics Industry Drives Encoders Market in Mexico
    9.3 Europe
           9.3.1 Germany
                    9.3.1.1 Increasing Use of Robotics Drives the Encoders Market in Germany
           9.3.2 UK
                    9.3.2.1 UK to Hold the Largest Share of the Encoders Market in Europe
           9.3.3 France
                    9.3.3.1 Manufacturing Sector in France to Boost Encoders Market Growth
           9.3.4 Rest of Europe
    9.4 APAC
           9.4.1 China
                    9.4.1.1 China to Hold the Largest Share of Encoders Market in APAC
           9.4.2 Japan
                    9.4.2.1 Motor Vehicle Manufacturing in Japan is Driving the Encoders Market
           9.4.3 India
                    9.4.3.1 Textile and Automotive Industries Drive the Encoders Market in India
           9.4.4 Rest of APAC
    9.5 RoW
           9.5.1 South America
                    9.5.1.1 Growth in the Mining Industry to the Drive Encoders Market in South American Countries
           9.5.2 Middle East
                    9.5.2.1 Automation in the Middle East Will Lead to Increasing Demand for Encoders
           9.5.3 Africa
                    9.5.3.1 Automobile Manufacturing Industry Will Drive the Encoders Market in Africa

10 Competitive Landscape (Page No. - 91)
     10.1 Overview
     10.2 Market Rank Analysis
     10.3 Competitive Situation and Trends
             10.3.1 Product Launches
             10.3.2 Mergers & Acquisitions
             10.3.3 Agreements
     10.4 Competitive Leadership Mapping
             10.4.1 Visionary Leaders
             10.4.2 Innovators
             10.4.3 Dynamic Differentiators
             10.4.4 Emerging Companies
     10.5 Strength of Product Portfolio (For 25 Players)
     10.6 Business Strategy Excellence (For 25 Players)

11 Company Profiles (Page No. - 98)
     11.1 Introduction
     11.2 Key Players
(Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
             11.2.1 Baumer Group
             11.2.2 Sensata Technologies
             11.2.3 Dynapar Corporation
             11.2.4 Omron Automation
             11.2.5 Rockwell Automation Inc.
             11.2.6 Faulhaber Group
             11.2.7 Posital-Fraba Inc.
             11.2.8 Heidenhain GmbH
             11.2.9 IFM Electronic GmbH
             11.2.10 Maxon Motor Ag
* Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
     11.3 Other Important Players
             11.3.1 Pepperl+Fuchs
             11.3.2 Pilz GmbH Co. Kg
             11.3.3 Posic
             11.3.4 Renishaw PLC
             11.3.5 Siko GmbH
             11.3.6 Turck Banner Singapore PTE Ltd
             11.3.7 Wachendorff Automation GmbH +Co Kg
             11.3.8 Nidec Corporation
             11.3.9 Micronor Inc.
             11.3.10 US Digital

12 Appendix (Page No. - 125)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details

List of Tables (67 Tables)

Table 1 Assumptions for the Research Study
Table 2 Encoders Market Size, By Type, 2016–2024 (USD Million)
Table 3 Market Size, By Type, 2016–2024 (Million Units)
Table 4 Linear Market Size, By Type, 2016–2024 (USD Million)
Table 5 Linear Encoders Market, By Technology Type, 2016–2024 (USD Million)
Table 6 Rotary Market Size, By Type, 2016–2024 (USD Million)
Table 7 Rotary Encoders Market Size, By Technology Type, 2016–2024 (USD Million)
Table 8 Market Size, By Technology Type, 2016–2024 (USD Million)
Table 9 Market Size, By Technology Type, 2016–2024 (Million Units)
Table 10 Optical Market Size, By Type, 2016–2024 (USD Million)
Table 11 Magnetic Encoders Market Size, By Type, 2016–2024 (USD Million)
Table 12 Other Encoders Market Size, By Type, 2016–2024 (USD Million)
Table 13 Market, By End Use, 2016–2024 (USD Million)
Table 14 Market Size, By End Use, 2016–2024 (Million Units)
Table 15 Encoders Market Size for Automotive, By Geography, 2016–2024 (USD Million)
Table 16 Market Size for Automotive in North America, By Country, 2016–2024 (USD Million)
Table 17 Encoders Market Size for Automotive in Europe, By Country, 2016–2024 (USD Million)
Table 18 Market Size for Automotive in APAC, By Country, 2016–2024 (USD Million)
Table 19 Encoders Market Size for Automotive in RoW, By Region, 2016–2024 (USD Million)
Table 20 Market Size for Consumer Electronics, By Geography, 2015–2024 (USD Million)
Table 21 Encoders Market for Consumer Electronics in North America, By Country, 2016–2024 (USD Million)
Table 22 Market Size for Consumer Electronics in Europe, By Country, 2016–2024 (USD Million)
Table 23 Market for Consumer Electronics in APAC, By Country, 2016–2024 (USD Million)
Table 24 Market Size for Consumer Electronics in RoW, By Region, 2016–2024 (USD Million)
Table 25 Market Size for Industrial End Use, By Region, 2016–2024 (USD Million)
Table 26 Encoders Market Size for Industrial End Use in North America, By Country, 2016–2024 (USD Million)
Table 27 Market Size for Industrial End Use in Europe, By Country, 2016–2024 (USD Million)
Table 28 Market Size for Industrial End Use in APAC, By Country, 2016–2024 (USD Million)
Table 29 Market Size for Industrial End Use in RoW, By Region, 2016–2024 (USD Million)
Table 30 Encoders Market Size for Food & Beverage End Use, By Geography, 2016–2024 (USD Million)
Table 31 Market Size for Food & Beverage End Use in North America, By Country, 2016–2024 (USD Million)
Table 32 Market Size for Food & Beverage End Use in Europe, By Country, 2016–2024 (USD Million)
Table 33 Market Size for Food & Beverage End Use in APAC, By Country, 2016–2024 (USD Million)
Table 34 Market Size for Food & Beverage End Use in RoW, By Region, 2016–2024 (USD Million)
Table 35 Market Size for Medical End Use, By Geography, 2016–2024 (USD Million)
Table 36 Encoders Market Size for Medical End Use in North America, By Country, 2016–2024 (USD Million)
Table 37 Market Size for Medical End Use in Europe, By Country, 2016–2024 (USD Million)
Table 38 Encoders Market Size for Medical End Use in APAC, By Country, 2016–2024 (USD Million)
Table 39 Market Size for Medical End Use in RoW, By Region, 2016–2024 (USD Million)
Table 40 Encoders Market Size for Printing End Use, By Geography, 2016–2024 (USD Million)
Table 41 Market Size for Printing End Use in North America, By Country, 2016–2024 (USD Million)
Table 42 Market Size for Printing End Use in Europe, By Country, 2016–2024 (USD Million)
Table 43 Market Size for Printing End Use in APAC, By Country, 2016–2024 (USD Million)
Table 44 Market Size for Printing End Use in RoW, By Region, 2016–2024 (USD Million)
Table 45 Encoders Market Size for Textile End Use, By Geography, 2016–2024 (USD Million)
Table 46 Encoders Market Size for Textile End Use in North America, By Country, 2016–2024 (USD Million)
Table 47 Market Size for Textile End Use in Europe, By Country, 2016–2024 (USD Million)
Table 48 Market Size for Textile End Use in APAC, By Country, 2016–2024 (USD Million)
Table 49 Market Size for Textile End Use in RoW, By Region, 2016–2024 (USD Million)
Table 50 Encoders Market Size for Other End Use, By Geography, 2016–2024 (USD Million)
Table 51 Market Size for Other End Use in North America, By Country, 2016–2024 (USD Million)
Table 52 Market Size for Other End Use in Europe, By Country, 2016–2024 (USD Million)
Table 53 Encoders Market Size for Other End Use in APAC, By Country, 2016–2024 (USD Million)
Table 54 Market Size for Other End Uses in RoW, By Region, 2016–2024 (USD Million)
Table 55 Encoders Market Size, By Geography, 2016–2024 (USD Million)
Table 56 Encoders Market Size, By Geography, 2016–2024 (Million Units)
Table 57 Market Size in North America, By End Use, 2016–2024 (USD Million)
Table 58 Encoders Market in North America, By Country, 2016–2024 (USD Million)
Table 59 Market Size in Europe, By End Use, 2016–2024 (USD Million)
Table 60 Encoders Market Size in Europe, By Country, 2016–2024 (USD Million)
Table 61 Market Size in APAC, By End Use, 2016–2024 (USD Million)
Table 62 Encoders Market Size in APAC, By Country, 2016–2024 (USD Million)
Table 63 Market Size in RoW, By End Use, 2016–2024 (USD Million)
Table 64 Market Size in RoW, By Region, 2016–2024 (USD Million)
Table 65 Top Product Launches (2016–2019)
Table 66 Mergers & Acquisitions, 2018
Table 67 Agreements, 2018

List of Figures (33 Figures)

Figure 1 Encoders Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Encoders Market Size, 2016–2024 (USD Billion)
Figure 6 Industrial End Use Segment to Account for the Largest Market for Encoders By 2024
Figure 7 Encoders Market, By Technology (2019 vs 2024): Optical Technology to Dominate in 2019 and 2024
Figure 8 Rotary Encoders Accounted for the Larger Share of the Encoders Market, By Type, in 2018
Figure 9 APAC Accounted for the Largest Share of Encoders Market in 2018
Figure 10 Increasing Demand for Encoders in APAC Drives Market Growth
Figure 11 Encoders Market for Optical Technology to Hold the Largest Share During Forecast Period
Figure 12 Industrial End Use to Hold the Largest Share of Encoders Market in APAC By 2024
Figure 13 Industrial End Use to Hold the Largest Share of Encoders Market During Forecast Period
Figure 14 US Held the Largest Share of Encoders Market in 2018
Figure 15 High-End Automation Across Industries Driving the Growth of Encoders
Figure 16 EV Sales and Growth (%)
Figure 17 Value Chain Analysis: Major Value Added During Raw Material and Component Suppliers and Original Equipment Manufacturing Phases
Figure 18 Encoders Market, By Type
Figure 19 Rotary Encoders Expected to Lead the Encoders Market By 2024
Figure 20 Encoders Market, By Technology Type
Figure 21 Optical Technology to Hold Largest Size of the Encoders Market By 2024
Figure 22 Encoders Market, By End Use
Figure 23 Encoders Market Size, By End Use, 2016-2024 (USD Billion)
Figure 24 Geographic Snapshot (2019–2024): Encoders Market to Witness Significant Growth in APAC
Figure 25 North America: Encoders Market Snapshot
Figure 26 Europe: Encoders Market Snapshot
Figure 27 APAC: Encoders Market Snapshot
Figure 28 Organic and Inorganic Strategies Adopted By Companies Operating in Encoders Market
Figure 29 Major Encoder Manufacturers
Figure 30 Encoders Market (Global) Competitive Leadership Mapping, 2018
Figure 31 Sensata Technologies: Company Snapshot
Figure 32 Omron Automation: Company Snapshot
Figure 33 Rockwell Automation Inc.: Company Snapshot

The study involved 4 major activities in estimating the current market size for encoders. Exhaustive secondary search has been done to collect information on the market, peer markets, and parent market. Validating these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. The top-down and bottom-up approaches have been employed to estimate the total market size. After that, market breakdown and triangulation procedures have been used to estimate the market size of subsegments.

Secondary Research

Various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet have been referred to in the secondary research process to identify and collect information for this study. These secondary sources included annual reports, press releases, and investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard and silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The encoders market comprises several stakeholders, such as encoders manufacturers, system integrators, end-user industries, industrial associations, and regulatory bodies. The demand side of this market is characterized by the adoption of automation in industries such as automotive, industrial, medical, food & beverage, printing, and others. Various primary sources from both the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents has been provided below.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the encoders market. These methods have also been used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size is as follows:

• Key industry players have been identified through extensive secondary research.
• The market size of industries, in terms of value, has been determined through primary and secondary research processes.
• All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides in the automotive, food & beverages, industrial, medical, printing, and other related industries.

Report Objectives

• To describe and forecast the size of the encoders market, in terms of type, technology type, end use, and geography
• To provide detailed information regarding major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
• To study the value chain of the encoders market and analyze the current and future trends
• To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze opportunities in the market for stakeholders by identifying high-growth segments of the encoders ecosystem
• To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies2, along with a detailed competitive landscape of market leaders
• To benchmark players in the market using the proprietary competitive leadership mapping, which analyzes players on various parameters within broad categories of business and product strategies
• To analyze strategic approaches such as product launches, acquisitions, agreements, and expansions in the encoders market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players based on various blocks of the value chain