A rotary encoder, also called a shaft encoder, is an electro-mechanical device that converts the angular position or motion of a shaft or axle to an analog or digital code.
Absolute Rotary Encoders industry is relatively fragmented with fierce competition. Heidenhain is the world leading manufacturer in global Absolute Rotary Encoders market with the market share of 18.16%, in terms of revenue, followed by Tamagawa, Nemicon, P+F, TR Electronic, Baumer, Kuebler, Danaher(Hengstler), Omron, Koyo, BEI, Sick, Yuheng Optics, ELCO, Wuxi CREATE, Roundss, Sanfeng and Shanghai HOUDE. The top 18 listed companies accounted for 86% of the revenue market share in 2017.
North America, Europe and Asia Pacific are the largest consumption regions, occupied about 95% of market share, in terms of volume. More than 38.16% of Absolute Rotary Encoders products were put into the Europe market. And Europe market is expected to keep being the biggest market with market share of 35.68% in 2023.
According to this study, over the next five years the Absolute Rotary Encoders market will register a 1.2% CAGR in terms of revenue, the global market size will reach US$ 1420 million by 2024, from US$ 1340 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Absolute Rotary Encoders business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Absolute Rotary Encoders market by product type, application, key manufacturers and key regions and countries.
This study considers the Absolute Rotary Encoders value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Multi-Turn
Single-Turn
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Healthcare
Machine Tool
Consumer Electronics
Assembly Equipment
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Heidenhain
Tamagawa
Nemicon
P+F
TR Electronic
Baumer
Kuebler
Danaher(Hengstler)
Omron
Koyo
BEI
Sick
Yuheng Optics
ELCO
Wuxi CREATE
Roundss
Sanfeng
Shanghai HOUDE
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Absolute Rotary Encoders consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Absolute Rotary Encoders market by identifying its various subsegments.
Focuses on the key global Absolute Rotary Encoders manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Absolute Rotary Encoders with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Absolute Rotary Encoders submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Absolute Rotary Encoders . Industry analysis & Market Report on Absolute Rotary Encoders is a syndicated market report, published as Global Absolute Rotary Encoders Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Absolute Rotary Encoders market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.