Encoder Market Scope And Analysis

  • Report Code : TIPTE100000522
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Encoders Market Scope, Growth, Size and Share by 2031

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Encoders Market Report Scope

Report Attribute Details
Market size in 2023 US$ 2.70 Billion
Market Size by 2031 US$ 6.03 Billion
Global CAGR (2023 - 2031) 10.6%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Linear Encoder
  • Rotatory Encoder
By Technology
  • Optical
  • Magnetic
By End User
  • Aerospace
  • Automotive
  • Food
  • Beverages
  • Printing
  • Consumer Electronics
  • Medical
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Delta Electronics Inc
  • Dahua Technology Co Ltd
  • Omron Corporation
  • ELCO Holding
  • FRABA B V
  • FSI Technologies Inc
  • Renishaw Plc
  • Rockwell Automation Inc
  • Scancon Encoders A S
  • Servotechnik GmbH
  • Encoders Market News and Recent Developments

    The encoders market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for encoders and strategies:

    • In June 2023, Bourns, Inc., Bourns, Inc., released the PEC11J series encoder as a drop-in replacement for the discontinued ALPS Model EC11J Series. This modified configuration of the Bourns PEC11S series should enable customers to continue to support existing applications with no changes to their mechanical or electrical layouts. Testing is recommended to ensure compatibility with each customer's specific application. Samples are available upon request for testing. (Source: Bourns, Inc., Press Release, 2023)

    Encoders Market Report Coverage and Deliverables

    The “Encoders Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles