Encoder Market Scope And Analysis

  • Report Code : TIPTE100000522
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 95
Buy Now

Encoders Market Scope, Growth, Size and Share by 2031

Buy Now

Encoder Market Report Encoder Market Size and Share Encoder Market Scope and Analysis

Encoder Market Report Scope

Report Attribute Details
Market size in 2023 US$ 2.81 Billion
Market Size by 2031 US$ 6.21 Billion
Global CAGR (2023 - 2031) 10.4%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Linear
  • Rotary
By Technology
  • Optical
  • Magnetic
  • Inductive
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
  • Asahi Kasei Microdevices Corp
  • Vishay Intertechnology Inc
  • Sick AG
  • Honeywell International Inc
  • ROHM Co Ltd
  • Allegro MicroSystems Inc
  • Autonics Corporation
  • On Semiconductor Corp
  • Texas Instruments Inc
  • Analog Devices Inc
    		•

    Encoder Market News and Recent Developments

    The encoder market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the encoder market are listed below:

    • OMRON Automation, a prominent provider of advanced industrial automation solutions in India, aims to reinforce its business strategy centered around i-Belt, the company’s data-driven co-creation solution service. Known for its expansive portfolio spanning Smart Sensors, Robots, Vision, Machine Safety, PLCs, Servos, and Drives, OMRON is set to further enrich its end-to-end solution lineup by integrating with i-Belt data-based service. (Source: OMRON, Press Release, August 2023)
    • Microchip Technology Inc. announced a multi-year initiative of over US$ 300 million to expand its presence in India. Through this investment, the company aims to establish semiconductor research, chip design, and equipment engineering hubs in the country. In the same month, Microchip Technology Inc. inaugurated a research and development center in Hyderabad. According to the company, the semiconductor market in India is likely to reach US$ 64 billion by 2026 from US$ 22.7 billion in 2019. (Source: Microchip Technology Inc., Press Release, July 2024)

    Encoder Market Report Coverage and Deliverables

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

    • Encoder market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Encoder market trends, as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST and SWOT analysis
    • Encoder market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the encoder market
    • Detailed company profiles