Encoder Market by Encoder Type (Linear, Rotary), Signal Type (Incremental, Absolute), Technology, Application (Industrial, HC, Consumer Electronics, Automotive, Power, FnB, Aerospace, Printing, Textile) Region - Global Forecast to 2028
The encoder market is valued at USD 2.7 billion in 2023 and is projected to reach USD 4.5 billion by 2028, growing at a CAGR of 11.0% from 2023 to 2028. Some of the major factors driving the growth of the encoder market include the growing expansion of automotive markets worldwide and the rising need for high-end automation across industries. However, mechanical failure in harsh environments will be a challenge for the market in the future. The major growth opportunities for the market players are increasing demand for machine learning and artificial intelligence-based systems.
“Market for linear encoder to witness significant growth during the forecast period.”
The linear encoder segment is expected to witness significant growth in the encoder market during the forecast period. Linear encoder senses and digitizes a change in the linear position or movement of a product, pin, or equipment. It is used to detect speed, distance, direction, and displacement. It can also conduct position measurements by sending feedback to control systems. The sensor reads the scale to convert the encoded position into an analog or digital signal, which can then be decoded into position by a digital readout (DRO) or motion controller. The linear encoder determines positions without needing mechanical actuators, eliminating several error sources due to its non-contact principle.
“Market for the incremental encoders is expected to hold the significant share during the forecast period.”
An incremental encoder determines the position and speed by a train of pulses. It transforms the angular position or motion of the shaft into digital or pulse signals using an optical disk. One of the main properties of incremental encoders is that the pulse is counted from zero every time the encoder is switched on as the position is not stored, thus needing a reset or a reference point before counting again. Some advantages associated with incremental encoders include cost-effectiveness, less complexity, and high noise immunity. It also provides excellent speed and distance feedback. The incremental encoder is designed to be versatile and customizable to fit into various applications (servo/light industrial or heavy-duty applications) to determine positioning and motor speed feedback.
“Market for healthcare application segment to witness the highest growth during the forecast period. ”
The healthcare application is expected to record the highest CAGR in the encoder market during the forecast period. The healthcare sector depends on advanced techniques, including imaging, diagnostic scanning, and robotic surgeries, to provide the best possible care to patients. Medical device manufacturers are aware of the benefits of integrating encoder components and materials into life-saving medical devices such as respirators, ventilators, and atomization systems.
“Germany is expected to have the largest market size in Europe during the forecast period.”
Germany is one of the largest manufacturing hubs for automobile companies in Europe. Technological innovations in the automotive sector of the country contribute to the growth of the encoders market in Germany. As Germany has the largest automotive sector, it witnesses a higher consumption of encoders. Along with the automotive industry, encoders are also adopted in various other industrial, manufacturing, and healthcare applications.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the encoders space. The break-up of primary participants for the report has been shown below:
Report Coverage
The report defines, describes, and forecasts the encoder market based on type, signal type, technology, and region. It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the encoder market. It also analyzes competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and actions carried out by the key players to grow in the market.
Reasons to Buy This Report
The report will help the market leaders/new entrants in the market with information on the closest approximations of the revenue for the overall encoder market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insight to position their business better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, opportunities, and challenges.
The report will provide insights into the following pointers:
“Market for linear encoder to witness significant growth during the forecast period.”
The linear encoder segment is expected to witness significant growth in the encoder market during the forecast period. Linear encoder senses and digitizes a change in the linear position or movement of a product, pin, or equipment. It is used to detect speed, distance, direction, and displacement. It can also conduct position measurements by sending feedback to control systems. The sensor reads the scale to convert the encoded position into an analog or digital signal, which can then be decoded into position by a digital readout (DRO) or motion controller. The linear encoder determines positions without needing mechanical actuators, eliminating several error sources due to its non-contact principle.
“Market for the incremental encoders is expected to hold the significant share during the forecast period.”
An incremental encoder determines the position and speed by a train of pulses. It transforms the angular position or motion of the shaft into digital or pulse signals using an optical disk. One of the main properties of incremental encoders is that the pulse is counted from zero every time the encoder is switched on as the position is not stored, thus needing a reset or a reference point before counting again. Some advantages associated with incremental encoders include cost-effectiveness, less complexity, and high noise immunity. It also provides excellent speed and distance feedback. The incremental encoder is designed to be versatile and customizable to fit into various applications (servo/light industrial or heavy-duty applications) to determine positioning and motor speed feedback.
“Market for healthcare application segment to witness the highest growth during the forecast period. ”
The healthcare application is expected to record the highest CAGR in the encoder market during the forecast period. The healthcare sector depends on advanced techniques, including imaging, diagnostic scanning, and robotic surgeries, to provide the best possible care to patients. Medical device manufacturers are aware of the benefits of integrating encoder components and materials into life-saving medical devices such as respirators, ventilators, and atomization systems.
“Germany is expected to have the largest market size in Europe during the forecast period.”
Germany is one of the largest manufacturing hubs for automobile companies in Europe. Technological innovations in the automotive sector of the country contribute to the growth of the encoders market in Germany. As Germany has the largest automotive sector, it witnesses a higher consumption of encoders. Along with the automotive industry, encoders are also adopted in various other industrial, manufacturing, and healthcare applications.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the encoders space. The break-up of primary participants for the report has been shown below:
- By Company Type: Tier 1 – 52%, Tier 2 – 31%, and Tier 3 – 17%
- By Designation: C-level Executives – 47%, Directors –31%, and Others – 22%
- By Region: North America –36%, Europe – 29%, Asia Pacific– 30%, and RoW – 5%
Report Coverage
The report defines, describes, and forecasts the encoder market based on type, signal type, technology, and region. It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the encoder market. It also analyzes competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and actions carried out by the key players to grow in the market.
Reasons to Buy This Report
The report will help the market leaders/new entrants in the market with information on the closest approximations of the revenue for the overall encoder market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insight to position their business better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, opportunities, and challenges.
The report will provide insights into the following pointers:
- Analysis of key drivers (Rising need for high-end automation across industries), restraints (Variations in international regulations), opportunities (Rising government initiatives to boost industrial automation), and challenges (Mechanical failure in harsh environments) of the encoder market.
- Product development /Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the encoder market.
- Market Development: Comprehensive information about lucrative markets; the report analyses the encoder market across various regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the encoder market.
- Competitive Assessment: In-depth assessment of market share, growth strategies, and services, offering of leading players like Sensata Technologies (US); HEIDENHAIN (Germany); Fortive (Dynapar) (US); Renishaw plc (UK); Mitutoyo Corporation (Japan) among others in encoder market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 ENCODER MARKET SEGMENTATION
1.3.2 GEOGRAPHICAL SCOPE
FIGURE 2 ENCODER MARKET: REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION ANALYSIS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 3 ENCODER MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 Key data from secondary sources
2.1.2.2 List of key secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Primary interviews with experts
2.1.3.5 List of key primary respondents
2.1.3.6 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH (SUPPLY SIDE): REVENUE OF PRODUCTS/SOLUTIONS/SERVICES IN ENCODER MARKET
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Capturing market share by bottom-up approach (demand side)
FIGURE 5 ENCODER MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Capturing market share by top-down approach (supply side)
FIGURE 6 ENCODER MARKET: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION METHODOLOGY
2.4 RESEARCH ASSUMPTIONS
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON ENCODER MARKET
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 8 ROTARY TO HOLD LARGEST MARKET SHARE IN 2028
FIGURE 9 ENCODER MARKET, BY SIGNAL TYPE, 2023 VS. 2028
FIGURE 10 MAGNETIC ENCODERS TO DOMINATE MARKET DURING FORECAST PERIOD
FIGURE 11 INDUSTRIAL VERTICAL TO CLAIM LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 12 ENCODER MARKET IN ASIA PACIFIC TO EXHIBIT HIGHEST GROWTH RATE DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ENCODER MARKET
FIGURE 13 INCREASING ADOPTION OF INDUSTRY 4.0 TO BOOST MARKET GROWTH
4.2 ENCODER MARKET, BY TYPE
FIGURE 14 ROTARY ENCODERS TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
4.3 ENCODER MARKET, BY APPLICATION
FIGURE 15 BY APPLICATION, INDUSTRIAL SEGMENT TO HOLD LARGEST MARKET SHARE IN 2028
4.4 ENCODER MARKET, BY TECHNOLOGY
FIGURE 16 MAGNETIC ENCODERS TO HOLD LARGEST SHARE IN 2028
4.5 ENCODER MARKET IN NORTH AMERICA, BY APPLICATION AND COUNTRY
FIGURE 17 INDUSTRIAL VERTICAL AND US WERE LARGEST SHAREHOLDERS IN NORTH AMERICAN ENCODER MARKET IN 2022
4.6 ENCODER MARKET, BY COUNTRY
FIGURE 18 ENCODER MARKET TO DISPLAY HIGHEST CAGR IN CHINA DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 ENCODER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Rising need for high-end automation across industries
5.2.1.2 Growing adoption of Industry 4.0
FIGURE 20 ANNUAL INSTALLATION OF INDUSTRIAL ROBOTS 2021
5.2.1.3 Expansion of automotive market worldwide
FIGURE 21 ENCODER MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Accuracy-related errors
5.2.2.2 Variations in international regulations
FIGURE 22 ENCODER MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Rising government initiatives to boost industrial automation
TABLE 1 INVESTMENTS IN INDUSTRIAL AUTOMATION PROVIDED THROUGH GOVERNMENT INITIATIVES
5.2.3.2 Increasing demand for machine learning and artificial intelligence-based systems
5.2.3.3 Innovative technologies in automotive and UAV industries
FIGURE 23 ENCODER MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Mechanical failures in harsh environments
5.2.4.2 Growing need to continuously invest in research and development
FIGURE 24 ENCODER MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 VALUE CHAIN ANALYSIS
FIGURE 25 ENCODER MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 26 ENCODER MARKET: ECOSYSTEM ANALYSIS
TABLE 2 ENCODER MARKET ECOSYSTEM
5.5 PRICING ANALYSIS
TABLE 3 INDICATIVE PRICES OF ENCODERS
5.5.1 AVERAGE SELLING PRICE OF ENCODER TYPES OFFERED BY KEY PLAYERS
FIGURE 27 AVERAGE SELLING PRICE OF ENCODER TYPES OFFERED BY KEY PLAYERS
TABLE 4 AVERAGE SELLING PRICE OF SIGNAL TYPE ENCODERS OFFERED BY KEY PLAYERS (USD)
TABLE 5 AVERAGE SELLING PRICE OF ENCODER TYPES OFFERED BY KEY PLAYERS (USD)
5.5.2 AVERAGE SELLING PRICE TREND
FIGURE 28 AVERAGE SELLING PRICE OF ENCODER TYPE
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 29 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR PLAYERS IN ENCODER MARKET
5.7 TECHNOLOGY ANALYSIS
5.7.1 IMPACT OF IIOT ON ENCODER INDUSTRY
5.7.2 RISE OF COLLABORATIVE & AGV ROBOTS
5.7.3 MINIATURIZATION AND WIRELESS CONNECTIVITY OF ENCODERS
5.8 KEY STAKEHOLDERS AND BUYING CRITERIA
5.8.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 ENCODER MARKET: INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 6 ENCODER MARKET: INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
5.8.2 BUYING CRITERIA
FIGURE 31 ENCODER MARKET: KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 7 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.9 CASE STUDIES ANALYSIS
TABLE 8 SAM-JEONG AUTOMATION INCORPORATES RENISHAW’S INCREMENTAL ENCODER TO ACHIEVE ACCURACY
TABLE 9 PAL ROBOTICS INTEGRATES ENCODERS INTO ROBOTIC TECHNOLOGY
TABLE 10 SCODIX ULTRA CHOOSES RENISHAW’S TONIC INCREMENTAL ENCODER SYSTEM TO ACHIEVE HIGH-QUALITY PRINTING
5.10 TRADE ANALYSIS
FIGURE 32 IMPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION)
FIGURE 33 EXPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION)
5.10.1 TARIFF ANALYSIS
TABLE 11 TARIFF FOR ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTIONS, EXPORTED BY CHINA 2021
TABLE 12 TARIFF FOR ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTION EXPORTED BY GERMANY, 2021
TABLE 13 TARIFF FOR ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTIONS EXPORTED BY US, 2021
TABLE 14 TARIFF FOR ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTIONS, EXPORTED BY JAPAN 2021
TABLE 15 TARIFF FOR ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTIONS, EXPORTED BY FRANCE 2021
5.11 PATENT ANALYSIS
FIGURE 34 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 16 TOP 20 PATENT OWNERS IN LAST 10 YEARS (US)
FIGURE 35 NUMBER OF PATENTS GRANTED PER YEAR FROM 2012 TO 2022
TABLE 17 ENCODER MARKET: KEY PATENTS, 2020–2022
5.12 PORTER’S FIVE FORCES ANALYSIS
FIGURE 36 ENCODER MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 18 ENCODER MARKET: PORTER’S FIVE FORCES ANALYSIS
5.13 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 19 ENCODER MARKET: KEY CONFERENCES & EVENTS, 2023–2024
5.14 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 20 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 21 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 22 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 23 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.1 STANDARDS AND REGULATIONS RELATED TO ENCODER MARKET
TABLE 24 STANDARDS FOR ENCODER MARKET
6 ENCODER MARKET, BY ENCODER TYPE
6.1 INTRODUCTION
FIGURE 37 ROTARY ENCODER SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
TABLE 25 ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 26 ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 27 ENCODER MARKET, BY TYPE, 2019–2022 (MILLION UNITS)
TABLE 28 ENCODER MARKET, BY TYPE, 2023–2028 (MILLION UNITS)
6.2 ROTARY
6.2.1 INCREASED DEMAND IN AUTOMATION INDUSTRY TO BOOST MARKET
TABLE 29 ROTARY: ENCODER MARKET, BY SIGNAL TYPE, 2019–2022 (USD MILLION)
TABLE 30 ROTARY: ENCODER MARKET, BY SIGNAL TYPE, 2023–2028 (USD MILLION)
TABLE 31 ROTARY: ENCODER MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 32 ROTARY: ENCODER MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 33 ROTARY: ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 34 ROTARY: ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.3 LINEAR
6.3.1 INCREASING DEMAND FOR HIGH-PRECISION MACHINING TOOLS TO BENEFIT MARKET
TABLE 35 LINEAR: ENCODER MARKET, BY SIGNAL TYPE, 2019–2022 (USD MILLION)
TABLE 36 LINEAR: ENCODER MARKET, BY SIGNAL TYPE, 2023–2028 (USD MILLION)
TABLE 37 LINEAR: ENCODER MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 38 LINEAR: ENCODER MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 39 LINEAR: ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 40 LINEAR: ENCODER MARKET, BY APPLICATION, 2023–2028(USD MILLION)
7 ENCODER MARKET, BY SIGNAL TYPE
7.1 INTRODUCTION
FIGURE 38 INCREMENTAL ENCODER SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
TABLE 41 ENCODER MARKET, BY SIGNAL TYPE, 2019–2022 (USD MILLION)
TABLE 42 ENCODER MARKET, BY SIGNAL TYPE, 2023–2028 (USD MILLION)
7.2 INCREMENTAL
7.2.1 SIMPLIFIED HARDWARE AND FLEXIBLE FUNCTIONALITY TO DRIVE MARKET
TABLE 43 INCREMENTAL: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 44 INCREMENTAL: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
7.3 ABSOLUTE
7.3.1 RELIABLE MEASUREMENT PERFORMANCE TO STRENGTHEN MARKET
TABLE 45 ABSOLUTE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 46 ABSOLUTE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
8 ENCODER MARKET, BY TECHNOLOGY
8.1 INTRODUCTION
FIGURE 39 MAGNETIC TECHNOLOGY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 47 ENCODER MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 48 ENCODER MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
8.2 MAGNETIC TECHNOLOGY
8.2.1 RELIABLE DIGITAL FEEDBACK IN HARSH ENVIRONMENTS TO DRIVE MARKET
TABLE 49 MAGNETIC TECHNOLOGY: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 50 MAGNETIC TECHNOLOGY: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
8.3 OPTICAL TECHNOLOGY
8.3.1 ABILITY TO MONITOR AND CONTROL MECHANICAL SYSTEMS TO DRIVE MARKET
TABLE 51 OPTICAL TECHNOLOGY: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 52 OPTICAL TECHNOLOGY: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
8.4 INDUCTIVE TECHNOLOGY
8.4.1 COMPACT DESIGN WITH HIGH ACCURACY TO DRIVE DEMAND
TABLE 53 INDUCTIVE TECHNOLOGY: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 54 INDUCTIVE TECHNOLOGY: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
8.5 OTHER TECHNOLOGIES
TABLE 55 OTHER TECHNOLOGIES: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 56 OTHER TECHNOLOGIES: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
9 ENCODER MARKET, BY APPLICATION
9.1 INTRODUCTION
FIGURE 40 INDUSTRIAL APPLICATION TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 57 ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 58 ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
9.2 INDUSTRIAL
9.2.1 INCREASING UTILIZATION OF ENCODERS IN ROBOTICS AND FACTORY AUTOMATION TO DRIVE MARKET
TABLE 59 INDUSTRIAL APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 60 INDUSTRIAL APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 61 INDUSTRIAL APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 62 INDUSTRIAL APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 HEALTHCARE
9.3.1 UTILIZATION OF SURGICAL ROBOTS IN HEALTHCARE APPLICATIONS TO DRIVE MARKET
TABLE 63 HEALTHCARE APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 64 HEALTHCARE APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 65 HEALTHCARE APPLICATION: ENCODER MARKET, BY REGION, 2019–2022(USD MILLION)
TABLE 66 HEALTHCARE APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.4 CONSUMER ELECTRONICS
9.4.1 SURGE OF LINEAR MOTOR ENCODERS IN ELECTRICAL APPLIANCES TO DRIVE MARKET
TABLE 67 CONSUMER ELECTRONICS APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 68 CONSUMER ELECTRONICS APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 69 CONSUMER ELECTRONICS APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 70 CONSUMER ELECTRONICS APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.5 AUTOMOTIVE
9.5.1 RISING INTEGRATION OF AUTOMATION IN AUTOMOBILES TO PROPEL GROWTH
TABLE 71 AUTOMOTIVE APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 72 AUTOMOTIVE APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 73 AUTOMOTIVE APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 74 AUTOMOTIVE APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.6 POWER
9.6.1 INCREASING COMPLEXITIES IN SOLAR & WIND ENERGY APPLICATIONS TO DRIVE MARKET
TABLE 75 POWER APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 76 POWER APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 77 POWER APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 78 POWER APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.7 FOOD & BEVERAGE
9.7.1 INTEGRATION OF IO-LINK TECHNOLOGY INTO ENCODERS TO DRIVE MARKET
TABLE 79 FOOD & BEVERAGE APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 80 FOOD & BEVERAGE APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 81 FOOD & BEVERAGE APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 82 FOOD & BEVERAGE APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.8 AEROSPACE
9.8.1 PRECISION CONTROL TECHNOLOGY OF ENCODERS IN AIRBORNE PLANES TO PROPEL GROWTH
TABLE 83 AEROSPACE APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 84 AEROSPACE APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 85 AEROSPACE APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 86 AEROSPACE APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.9 PRINTING
9.9.1 USE OF ROTARY ENCODERS IN PRINTING APPLICATIONS AND OFFICE EQUIPMENT TO DRIVE MARKET
TABLE 87 PRINTING APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 88 PRINTING APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 89 PRINTING APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 90 PRINTING APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.10 TEXTILE
9.10.1 GROWING UTILIZATION OF ENCODERS IN WEAVING & KNITTING PROCESSES TO DRIVE MARKET
TABLE 91 TEXTILE APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 92 TEXTILE APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 93 TEXTILE APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 94 TEXTILE APPLICATION: ENCODER MARKET, BY REGION, 2023–2028(USD MILLION)
9.11 OTHER APPLICATIONS
TABLE 95 OTHER APPLICATIONS: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 96 OTHER APPLICATIONS: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 97 OTHER APPLICATIONS: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 98 OTHER APPLICATIONS: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
10 ENCODER MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 41 ASIA PACIFIC MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 99 ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 100 ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 42 NORTH AMERICA: ENCODER MARKET SNAPSHOT
TABLE 101 NORTH AMERICA: ENCODER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 102 NORTH AMERICA: ENCODER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 103 NORTH AMERICA: ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 104 NORTH AMERICA: ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.2.1 US
10.2.1.1 Large industrial base for consumer electronics and automotive manufacturing to drive market
10.2.2 CANADA
10.2.2.1 Rising adoption of advanced technologies in aerospace industry to drive market
10.2.3 MEXICO
10.2.3.1 Expanding consumer electronics industry to support market growth
10.2.4 RECESSION IMPACT ON ENCODER MARKET IN NORTH AMERICA
10.3 EUROPE
FIGURE 43 EUROPE: ENCODER MARKET SNAPSHOT
TABLE 105 EUROPE: ENCODER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 106 EUROPE: ENCODER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 107 EUROPE: ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 108 EUROPE: ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.3.1 UK
10.3.1.1 Expanding manufacturing sector to drive uptake of encoders
10.3.2 GERMANY
10.3.2.1 Growing use of robotics in automobiles to drive market
10.3.3 FRANCE
10.3.3.1 Growing manufacturing & textile industries to drive demand for encoders
10.3.4 REST OF EUROPE
10.3.5 RECESSION IMPACT ON ENCODER MARKET IN EUROPE
10.4 ASIA PACIFIC
FIGURE 44 ASIA PACIFIC: ENCODER MARKET SNAPSHOT
TABLE 109 ASIA PACIFIC: ENCODER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 110 ASIA PACIFIC: ENCODER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 111 ASIA PACIFIC: ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 112 ASIA PACIFIC: ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Rising expansion of manufacturing & mining industries to drive market
10.4.2 JAPAN
10.4.2.1 Rising demand for electric & hybrid vehicles in automotive industry to drive market
10.4.3 SOUTH KOREA
10.4.3.1 Increasing technological advancements in consumer electronics to drive demand
10.4.4 INDIA
10.4.4.1 Developing textile industry to boost market
10.4.5 REST OF ASIA PACIFIC
10.4.6 RECESSION IMPACT ON ENCODER MARKET IN ASIA PACIFIC
10.5 ROW
TABLE 113 ROW: ENCODER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 114 ROW: ENCODER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 115 ROW: ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 116 ROW: ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.5.1 SOUTH AMERICA
10.5.1.1 Growing mining industry to fuel market growth
10.5.2 MIDDLE EAST
10.5.2.1 Growing government investment in manufacturing to drive demand for encoders
10.5.3 AFRICA
10.5.3.1 Growth of region as manufacturing hub to drive market
10.5.4 RECESSION IMPACT ON ENCODER MARKET IN ROW
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 COMPANY REVENUE ANALYSIS
FIGURE 45 REVENUE ANALYSIS OF TOP THREE PLAYERS, 2020–2022
11.3 MARKET SHARE ANALYSIS, 2022
TABLE 117 MARKET SHARE OF TOP FIVE PLAYERS, 2022
11.4 COMPETITIVE EVALUATION MATRIX, 2022
11.4.1 STARS
11.4.2 EMERGING LEADERS
11.4.3 PERVASIVE PLAYERS
11.4.4 PARTICIPANTS
FIGURE 46 COMPANY EVALUATION QUADRANT FOR KEY PLAYERS, 2022
11.4.5 COMPANY TYPE FOOTPRINT
TABLE 118 COMPANY TYPE FOOTPRINT
TABLE 119 COMPANY APPLICATION FOOTPRINT
TABLE 120 COMPANY REGION FOOTPRINT
TABLE 121 COMPANY FOOTPRINT
11.5 SMALL AND MEDIUM ENTERPRISES (SMES) EVALUATION MATRIX, 2022
11.5.1 PROGRESSIVE COMPANIES
11.5.2 RESPONSIVE COMPANIES
11.5.3 DYNAMIC COMPANIES
11.5.4 STARTING BLOCKS
FIGURE 47 ENCODER MARKET: SME EVALUATION MATRIX, 2022
11.5.5 STARTUPS/SMES EVALUATION MATRIX
TABLE 122 ENCODER MARKET: KEY STARTUPS/SMES
TABLE 123 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.6 COMPETITIVE SCENARIOS AND TRENDS
11.6.1 PRODUCT LAUNCH & DEVELOPMENT
TABLE 124 PRODUCT LAUNCHES & DEVELOPMENT, 2019–2022
11.6.2 DEALS
TABLE 125 DEALS, 2019–2022
11.6.3 OTHERS
TABLE 126 OTHERS, 2019–2022
12 COMPANY PROFILE
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 KEY PLAYERS
12.1.1 SENSATA TECHNOLOGIES, INC.
TABLE 127 SENSATA TECHNOLOGIES, INC: BUSINESS OVERVIEW
FIGURE 48 SENSATA TECHNOLOGIES, INC: COMPANY SNAPSHOT
TABLE 128 SENSATA TECHNOLOGIES, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.2 HEIDENHAIN
TABLE 129 HEIDENHAIN: COMPANY OVERVIEW
TABLE 130 HEIDENHAIN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.3 FORTIVE
TABLE 131 FORTIVE: BUSINESS OVERVIEW
FIGURE 49 FORTIVE: COMPANY SNAPSHOT
TABLE 132 FORTIVE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.4 RENISHAW PLC
TABLE 133 RENISHAW PLC: COMPANY OVERVIEW
FIGURE 50 RENISHAW PLC: COMPANY SNAPSHOT
TABLE 134 RENISHAW PLC: PRODUCTS/ SOLUTIONS/SERVICES OFFERED
12.1.5 MITUTOYO CORPORATION
TABLE 135 MITUTOYO CORPORATION: COMPANY OVERVIEW
TABLE 136 MITUTOYO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.6 FRABA B.V.
TABLE 137 FRABA B.V.: COMPANY OVERVIEW
TABLE 138 FRABA B.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.7 IFM ELECTRONIC GMBH
TABLE 139 IFM ELECTRONIC GMBH: BUSINESS OVERVIEW
TABLE 140 IFM ELECTRONIC GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.8 PEPPERL+FUCHS SE
TABLE 141 PEPPERL+FUCHS SE: BUSINESS OVERVIEW
TABLE 142 PEPPERL+FUCHS SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.9 MAXON
TABLE 143 MAXON: BUSINESS OVERVIEW
TABLE 144 MAXON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.10 BALLUFF INC.
TABLE 145 BALLUFF INC: BUSINESS OVERVIEW
TABLE 146 BALLUFF INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.11 PILZ GMBH & CO. KG
TABLE 147 PILZ GMBH & CO. KG: BUSINESS OVERVIEW
TABLE 148 PILZ GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.12 TAMAGAWA SEIKI CO., LTD.
TABLE 149 TAMAGAWA SEIKI CO., LTD.: BUSINESS OVERVIEW
TABLE 150 TAMAGAWA SEIKI CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.13 FAULHABER GROUP
TABLE 151 FAULHABER GROUP: BUSINESS OVERVIEW
TABLE 152 FAULHABER GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.14 BAUMER
TABLE 153 BAUMER: BUSINESS OVERVIEW
TABLE 154 BAUMER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.15 JTEKT ELECTRONICS CORPORATION
TABLE 155 JTEKT ELECTRONICS CORPORATION: BUSINESS OVERVIEW
TABLE 156 JTEKT ELECTRONICS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 SCHNEIDER ELECTRIC
12.2.2 OMRON CORPORATION
12.2.3 ROCKWELL AUTOMATION
12.2.4 SICK AG
12.2.5 KЬBLER GROUP
12.2.6 ELAP SRL
12.2.7 SIKO GMBH
12.2.8 NEMICON CORPORATION
12.2.9 GURLEY PRECISION INSTRUMENTS
12.2.10 LIKA ELECTRONIC SRL
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 ENCODER MARKET SEGMENTATION
1.3.2 GEOGRAPHICAL SCOPE
FIGURE 2 ENCODER MARKET: REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION ANALYSIS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 3 ENCODER MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 Key data from secondary sources
2.1.2.2 List of key secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Primary interviews with experts
2.1.3.5 List of key primary respondents
2.1.3.6 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH (SUPPLY SIDE): REVENUE OF PRODUCTS/SOLUTIONS/SERVICES IN ENCODER MARKET
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Capturing market share by bottom-up approach (demand side)
FIGURE 5 ENCODER MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Capturing market share by top-down approach (supply side)
FIGURE 6 ENCODER MARKET: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION METHODOLOGY
2.4 RESEARCH ASSUMPTIONS
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON ENCODER MARKET
2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 8 ROTARY TO HOLD LARGEST MARKET SHARE IN 2028
FIGURE 9 ENCODER MARKET, BY SIGNAL TYPE, 2023 VS. 2028
FIGURE 10 MAGNETIC ENCODERS TO DOMINATE MARKET DURING FORECAST PERIOD
FIGURE 11 INDUSTRIAL VERTICAL TO CLAIM LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 12 ENCODER MARKET IN ASIA PACIFIC TO EXHIBIT HIGHEST GROWTH RATE DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ENCODER MARKET
FIGURE 13 INCREASING ADOPTION OF INDUSTRY 4.0 TO BOOST MARKET GROWTH
4.2 ENCODER MARKET, BY TYPE
FIGURE 14 ROTARY ENCODERS TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
4.3 ENCODER MARKET, BY APPLICATION
FIGURE 15 BY APPLICATION, INDUSTRIAL SEGMENT TO HOLD LARGEST MARKET SHARE IN 2028
4.4 ENCODER MARKET, BY TECHNOLOGY
FIGURE 16 MAGNETIC ENCODERS TO HOLD LARGEST SHARE IN 2028
4.5 ENCODER MARKET IN NORTH AMERICA, BY APPLICATION AND COUNTRY
FIGURE 17 INDUSTRIAL VERTICAL AND US WERE LARGEST SHAREHOLDERS IN NORTH AMERICAN ENCODER MARKET IN 2022
4.6 ENCODER MARKET, BY COUNTRY
FIGURE 18 ENCODER MARKET TO DISPLAY HIGHEST CAGR IN CHINA DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 ENCODER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Rising need for high-end automation across industries
5.2.1.2 Growing adoption of Industry 4.0
FIGURE 20 ANNUAL INSTALLATION OF INDUSTRIAL ROBOTS 2021
5.2.1.3 Expansion of automotive market worldwide
FIGURE 21 ENCODER MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Accuracy-related errors
5.2.2.2 Variations in international regulations
FIGURE 22 ENCODER MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Rising government initiatives to boost industrial automation
TABLE 1 INVESTMENTS IN INDUSTRIAL AUTOMATION PROVIDED THROUGH GOVERNMENT INITIATIVES
5.2.3.2 Increasing demand for machine learning and artificial intelligence-based systems
5.2.3.3 Innovative technologies in automotive and UAV industries
FIGURE 23 ENCODER MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Mechanical failures in harsh environments
5.2.4.2 Growing need to continuously invest in research and development
FIGURE 24 ENCODER MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 VALUE CHAIN ANALYSIS
FIGURE 25 ENCODER MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 26 ENCODER MARKET: ECOSYSTEM ANALYSIS
TABLE 2 ENCODER MARKET ECOSYSTEM
5.5 PRICING ANALYSIS
TABLE 3 INDICATIVE PRICES OF ENCODERS
5.5.1 AVERAGE SELLING PRICE OF ENCODER TYPES OFFERED BY KEY PLAYERS
FIGURE 27 AVERAGE SELLING PRICE OF ENCODER TYPES OFFERED BY KEY PLAYERS
TABLE 4 AVERAGE SELLING PRICE OF SIGNAL TYPE ENCODERS OFFERED BY KEY PLAYERS (USD)
TABLE 5 AVERAGE SELLING PRICE OF ENCODER TYPES OFFERED BY KEY PLAYERS (USD)
5.5.2 AVERAGE SELLING PRICE TREND
FIGURE 28 AVERAGE SELLING PRICE OF ENCODER TYPE
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 29 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR PLAYERS IN ENCODER MARKET
5.7 TECHNOLOGY ANALYSIS
5.7.1 IMPACT OF IIOT ON ENCODER INDUSTRY
5.7.2 RISE OF COLLABORATIVE & AGV ROBOTS
5.7.3 MINIATURIZATION AND WIRELESS CONNECTIVITY OF ENCODERS
5.8 KEY STAKEHOLDERS AND BUYING CRITERIA
5.8.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 ENCODER MARKET: INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 6 ENCODER MARKET: INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
5.8.2 BUYING CRITERIA
FIGURE 31 ENCODER MARKET: KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 7 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.9 CASE STUDIES ANALYSIS
TABLE 8 SAM-JEONG AUTOMATION INCORPORATES RENISHAW’S INCREMENTAL ENCODER TO ACHIEVE ACCURACY
TABLE 9 PAL ROBOTICS INTEGRATES ENCODERS INTO ROBOTIC TECHNOLOGY
TABLE 10 SCODIX ULTRA CHOOSES RENISHAW’S TONIC INCREMENTAL ENCODER SYSTEM TO ACHIEVE HIGH-QUALITY PRINTING
5.10 TRADE ANALYSIS
FIGURE 32 IMPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION)
FIGURE 33 EXPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION)
5.10.1 TARIFF ANALYSIS
TABLE 11 TARIFF FOR ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTIONS, EXPORTED BY CHINA 2021
TABLE 12 TARIFF FOR ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTION EXPORTED BY GERMANY, 2021
TABLE 13 TARIFF FOR ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTIONS EXPORTED BY US, 2021
TABLE 14 TARIFF FOR ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTIONS, EXPORTED BY JAPAN 2021
TABLE 15 TARIFF FOR ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS OR FOR MAKING CONNECTIONS, EXPORTED BY FRANCE 2021
5.11 PATENT ANALYSIS
FIGURE 34 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 16 TOP 20 PATENT OWNERS IN LAST 10 YEARS (US)
FIGURE 35 NUMBER OF PATENTS GRANTED PER YEAR FROM 2012 TO 2022
TABLE 17 ENCODER MARKET: KEY PATENTS, 2020–2022
5.12 PORTER’S FIVE FORCES ANALYSIS
FIGURE 36 ENCODER MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 18 ENCODER MARKET: PORTER’S FIVE FORCES ANALYSIS
5.13 KEY CONFERENCES AND EVENTS, 2023–2024
TABLE 19 ENCODER MARKET: KEY CONFERENCES & EVENTS, 2023–2024
5.14 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 20 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 21 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 22 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 23 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.1 STANDARDS AND REGULATIONS RELATED TO ENCODER MARKET
TABLE 24 STANDARDS FOR ENCODER MARKET
6 ENCODER MARKET, BY ENCODER TYPE
6.1 INTRODUCTION
FIGURE 37 ROTARY ENCODER SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
TABLE 25 ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 26 ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 27 ENCODER MARKET, BY TYPE, 2019–2022 (MILLION UNITS)
TABLE 28 ENCODER MARKET, BY TYPE, 2023–2028 (MILLION UNITS)
6.2 ROTARY
6.2.1 INCREASED DEMAND IN AUTOMATION INDUSTRY TO BOOST MARKET
TABLE 29 ROTARY: ENCODER MARKET, BY SIGNAL TYPE, 2019–2022 (USD MILLION)
TABLE 30 ROTARY: ENCODER MARKET, BY SIGNAL TYPE, 2023–2028 (USD MILLION)
TABLE 31 ROTARY: ENCODER MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 32 ROTARY: ENCODER MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 33 ROTARY: ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 34 ROTARY: ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.3 LINEAR
6.3.1 INCREASING DEMAND FOR HIGH-PRECISION MACHINING TOOLS TO BENEFIT MARKET
TABLE 35 LINEAR: ENCODER MARKET, BY SIGNAL TYPE, 2019–2022 (USD MILLION)
TABLE 36 LINEAR: ENCODER MARKET, BY SIGNAL TYPE, 2023–2028 (USD MILLION)
TABLE 37 LINEAR: ENCODER MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 38 LINEAR: ENCODER MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 39 LINEAR: ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 40 LINEAR: ENCODER MARKET, BY APPLICATION, 2023–2028(USD MILLION)
7 ENCODER MARKET, BY SIGNAL TYPE
7.1 INTRODUCTION
FIGURE 38 INCREMENTAL ENCODER SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
TABLE 41 ENCODER MARKET, BY SIGNAL TYPE, 2019–2022 (USD MILLION)
TABLE 42 ENCODER MARKET, BY SIGNAL TYPE, 2023–2028 (USD MILLION)
7.2 INCREMENTAL
7.2.1 SIMPLIFIED HARDWARE AND FLEXIBLE FUNCTIONALITY TO DRIVE MARKET
TABLE 43 INCREMENTAL: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 44 INCREMENTAL: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
7.3 ABSOLUTE
7.3.1 RELIABLE MEASUREMENT PERFORMANCE TO STRENGTHEN MARKET
TABLE 45 ABSOLUTE: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 46 ABSOLUTE: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
8 ENCODER MARKET, BY TECHNOLOGY
8.1 INTRODUCTION
FIGURE 39 MAGNETIC TECHNOLOGY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 47 ENCODER MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 48 ENCODER MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
8.2 MAGNETIC TECHNOLOGY
8.2.1 RELIABLE DIGITAL FEEDBACK IN HARSH ENVIRONMENTS TO DRIVE MARKET
TABLE 49 MAGNETIC TECHNOLOGY: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 50 MAGNETIC TECHNOLOGY: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
8.3 OPTICAL TECHNOLOGY
8.3.1 ABILITY TO MONITOR AND CONTROL MECHANICAL SYSTEMS TO DRIVE MARKET
TABLE 51 OPTICAL TECHNOLOGY: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 52 OPTICAL TECHNOLOGY: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
8.4 INDUCTIVE TECHNOLOGY
8.4.1 COMPACT DESIGN WITH HIGH ACCURACY TO DRIVE DEMAND
TABLE 53 INDUCTIVE TECHNOLOGY: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 54 INDUCTIVE TECHNOLOGY: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
8.5 OTHER TECHNOLOGIES
TABLE 55 OTHER TECHNOLOGIES: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 56 OTHER TECHNOLOGIES: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
9 ENCODER MARKET, BY APPLICATION
9.1 INTRODUCTION
FIGURE 40 INDUSTRIAL APPLICATION TO DOMINATE MARKET DURING FORECAST PERIOD
TABLE 57 ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 58 ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
9.2 INDUSTRIAL
9.2.1 INCREASING UTILIZATION OF ENCODERS IN ROBOTICS AND FACTORY AUTOMATION TO DRIVE MARKET
TABLE 59 INDUSTRIAL APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 60 INDUSTRIAL APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 61 INDUSTRIAL APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 62 INDUSTRIAL APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 HEALTHCARE
9.3.1 UTILIZATION OF SURGICAL ROBOTS IN HEALTHCARE APPLICATIONS TO DRIVE MARKET
TABLE 63 HEALTHCARE APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 64 HEALTHCARE APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 65 HEALTHCARE APPLICATION: ENCODER MARKET, BY REGION, 2019–2022(USD MILLION)
TABLE 66 HEALTHCARE APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.4 CONSUMER ELECTRONICS
9.4.1 SURGE OF LINEAR MOTOR ENCODERS IN ELECTRICAL APPLIANCES TO DRIVE MARKET
TABLE 67 CONSUMER ELECTRONICS APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 68 CONSUMER ELECTRONICS APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 69 CONSUMER ELECTRONICS APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 70 CONSUMER ELECTRONICS APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.5 AUTOMOTIVE
9.5.1 RISING INTEGRATION OF AUTOMATION IN AUTOMOBILES TO PROPEL GROWTH
TABLE 71 AUTOMOTIVE APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 72 AUTOMOTIVE APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 73 AUTOMOTIVE APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 74 AUTOMOTIVE APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.6 POWER
9.6.1 INCREASING COMPLEXITIES IN SOLAR & WIND ENERGY APPLICATIONS TO DRIVE MARKET
TABLE 75 POWER APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 76 POWER APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 77 POWER APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 78 POWER APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.7 FOOD & BEVERAGE
9.7.1 INTEGRATION OF IO-LINK TECHNOLOGY INTO ENCODERS TO DRIVE MARKET
TABLE 79 FOOD & BEVERAGE APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 80 FOOD & BEVERAGE APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 81 FOOD & BEVERAGE APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 82 FOOD & BEVERAGE APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.8 AEROSPACE
9.8.1 PRECISION CONTROL TECHNOLOGY OF ENCODERS IN AIRBORNE PLANES TO PROPEL GROWTH
TABLE 83 AEROSPACE APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 84 AEROSPACE APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 85 AEROSPACE APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 86 AEROSPACE APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.9 PRINTING
9.9.1 USE OF ROTARY ENCODERS IN PRINTING APPLICATIONS AND OFFICE EQUIPMENT TO DRIVE MARKET
TABLE 87 PRINTING APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 88 PRINTING APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 89 PRINTING APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 90 PRINTING APPLICATION: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
9.10 TEXTILE
9.10.1 GROWING UTILIZATION OF ENCODERS IN WEAVING & KNITTING PROCESSES TO DRIVE MARKET
TABLE 91 TEXTILE APPLICATION: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 92 TEXTILE APPLICATION: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 93 TEXTILE APPLICATION: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 94 TEXTILE APPLICATION: ENCODER MARKET, BY REGION, 2023–2028(USD MILLION)
9.11 OTHER APPLICATIONS
TABLE 95 OTHER APPLICATIONS: ENCODER MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 96 OTHER APPLICATIONS: ENCODER MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 97 OTHER APPLICATIONS: ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 98 OTHER APPLICATIONS: ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
10 ENCODER MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 41 ASIA PACIFIC MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 99 ENCODER MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 100 ENCODER MARKET, BY REGION, 2023–2028 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 42 NORTH AMERICA: ENCODER MARKET SNAPSHOT
TABLE 101 NORTH AMERICA: ENCODER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 102 NORTH AMERICA: ENCODER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 103 NORTH AMERICA: ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 104 NORTH AMERICA: ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.2.1 US
10.2.1.1 Large industrial base for consumer electronics and automotive manufacturing to drive market
10.2.2 CANADA
10.2.2.1 Rising adoption of advanced technologies in aerospace industry to drive market
10.2.3 MEXICO
10.2.3.1 Expanding consumer electronics industry to support market growth
10.2.4 RECESSION IMPACT ON ENCODER MARKET IN NORTH AMERICA
10.3 EUROPE
FIGURE 43 EUROPE: ENCODER MARKET SNAPSHOT
TABLE 105 EUROPE: ENCODER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 106 EUROPE: ENCODER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 107 EUROPE: ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 108 EUROPE: ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.3.1 UK
10.3.1.1 Expanding manufacturing sector to drive uptake of encoders
10.3.2 GERMANY
10.3.2.1 Growing use of robotics in automobiles to drive market
10.3.3 FRANCE
10.3.3.1 Growing manufacturing & textile industries to drive demand for encoders
10.3.4 REST OF EUROPE
10.3.5 RECESSION IMPACT ON ENCODER MARKET IN EUROPE
10.4 ASIA PACIFIC
FIGURE 44 ASIA PACIFIC: ENCODER MARKET SNAPSHOT
TABLE 109 ASIA PACIFIC: ENCODER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 110 ASIA PACIFIC: ENCODER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 111 ASIA PACIFIC: ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 112 ASIA PACIFIC: ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Rising expansion of manufacturing & mining industries to drive market
10.4.2 JAPAN
10.4.2.1 Rising demand for electric & hybrid vehicles in automotive industry to drive market
10.4.3 SOUTH KOREA
10.4.3.1 Increasing technological advancements in consumer electronics to drive demand
10.4.4 INDIA
10.4.4.1 Developing textile industry to boost market
10.4.5 REST OF ASIA PACIFIC
10.4.6 RECESSION IMPACT ON ENCODER MARKET IN ASIA PACIFIC
10.5 ROW
TABLE 113 ROW: ENCODER MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 114 ROW: ENCODER MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 115 ROW: ENCODER MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 116 ROW: ENCODER MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.5.1 SOUTH AMERICA
10.5.1.1 Growing mining industry to fuel market growth
10.5.2 MIDDLE EAST
10.5.2.1 Growing government investment in manufacturing to drive demand for encoders
10.5.3 AFRICA
10.5.3.1 Growth of region as manufacturing hub to drive market
10.5.4 RECESSION IMPACT ON ENCODER MARKET IN ROW
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 COMPANY REVENUE ANALYSIS
FIGURE 45 REVENUE ANALYSIS OF TOP THREE PLAYERS, 2020–2022
11.3 MARKET SHARE ANALYSIS, 2022
TABLE 117 MARKET SHARE OF TOP FIVE PLAYERS, 2022
11.4 COMPETITIVE EVALUATION MATRIX, 2022
11.4.1 STARS
11.4.2 EMERGING LEADERS
11.4.3 PERVASIVE PLAYERS
11.4.4 PARTICIPANTS
FIGURE 46 COMPANY EVALUATION QUADRANT FOR KEY PLAYERS, 2022
11.4.5 COMPANY TYPE FOOTPRINT
TABLE 118 COMPANY TYPE FOOTPRINT
TABLE 119 COMPANY APPLICATION FOOTPRINT
TABLE 120 COMPANY REGION FOOTPRINT
TABLE 121 COMPANY FOOTPRINT
11.5 SMALL AND MEDIUM ENTERPRISES (SMES) EVALUATION MATRIX, 2022
11.5.1 PROGRESSIVE COMPANIES
11.5.2 RESPONSIVE COMPANIES
11.5.3 DYNAMIC COMPANIES
11.5.4 STARTING BLOCKS
FIGURE 47 ENCODER MARKET: SME EVALUATION MATRIX, 2022
11.5.5 STARTUPS/SMES EVALUATION MATRIX
TABLE 122 ENCODER MARKET: KEY STARTUPS/SMES
TABLE 123 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.6 COMPETITIVE SCENARIOS AND TRENDS
11.6.1 PRODUCT LAUNCH & DEVELOPMENT
TABLE 124 PRODUCT LAUNCHES & DEVELOPMENT, 2019–2022
11.6.2 DEALS
TABLE 125 DEALS, 2019–2022
11.6.3 OTHERS
TABLE 126 OTHERS, 2019–2022
12 COMPANY PROFILE
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 KEY PLAYERS
12.1.1 SENSATA TECHNOLOGIES, INC.
TABLE 127 SENSATA TECHNOLOGIES, INC: BUSINESS OVERVIEW
FIGURE 48 SENSATA TECHNOLOGIES, INC: COMPANY SNAPSHOT
TABLE 128 SENSATA TECHNOLOGIES, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.2 HEIDENHAIN
TABLE 129 HEIDENHAIN: COMPANY OVERVIEW
TABLE 130 HEIDENHAIN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.3 FORTIVE
TABLE 131 FORTIVE: BUSINESS OVERVIEW
FIGURE 49 FORTIVE: COMPANY SNAPSHOT
TABLE 132 FORTIVE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.4 RENISHAW PLC
TABLE 133 RENISHAW PLC: COMPANY OVERVIEW
FIGURE 50 RENISHAW PLC: COMPANY SNAPSHOT
TABLE 134 RENISHAW PLC: PRODUCTS/ SOLUTIONS/SERVICES OFFERED
12.1.5 MITUTOYO CORPORATION
TABLE 135 MITUTOYO CORPORATION: COMPANY OVERVIEW
TABLE 136 MITUTOYO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.6 FRABA B.V.
TABLE 137 FRABA B.V.: COMPANY OVERVIEW
TABLE 138 FRABA B.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.7 IFM ELECTRONIC GMBH
TABLE 139 IFM ELECTRONIC GMBH: BUSINESS OVERVIEW
TABLE 140 IFM ELECTRONIC GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.8 PEPPERL+FUCHS SE
TABLE 141 PEPPERL+FUCHS SE: BUSINESS OVERVIEW
TABLE 142 PEPPERL+FUCHS SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.9 MAXON
TABLE 143 MAXON: BUSINESS OVERVIEW
TABLE 144 MAXON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.10 BALLUFF INC.
TABLE 145 BALLUFF INC: BUSINESS OVERVIEW
TABLE 146 BALLUFF INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.11 PILZ GMBH & CO. KG
TABLE 147 PILZ GMBH & CO. KG: BUSINESS OVERVIEW
TABLE 148 PILZ GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.12 TAMAGAWA SEIKI CO., LTD.
TABLE 149 TAMAGAWA SEIKI CO., LTD.: BUSINESS OVERVIEW
TABLE 150 TAMAGAWA SEIKI CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.13 FAULHABER GROUP
TABLE 151 FAULHABER GROUP: BUSINESS OVERVIEW
TABLE 152 FAULHABER GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.14 BAUMER
TABLE 153 BAUMER: BUSINESS OVERVIEW
TABLE 154 BAUMER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.15 JTEKT ELECTRONICS CORPORATION
TABLE 155 JTEKT ELECTRONICS CORPORATION: BUSINESS OVERVIEW
TABLE 156 JTEKT ELECTRONICS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 SCHNEIDER ELECTRIC
12.2.2 OMRON CORPORATION
12.2.3 ROCKWELL AUTOMATION
12.2.4 SICK AG
12.2.5 KЬBLER GROUP
12.2.6 ELAP SRL
12.2.7 SIKO GMBH
12.2.8 NEMICON CORPORATION
12.2.9 GURLEY PRECISION INSTRUMENTS
12.2.10 LIKA ELECTRONIC SRL
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
