Product Code: 1305
The Global Encoder is anticipated to grow at a steady pace in the forecast period, 2024-2028 due to an increase in the use of advanced automation equipment in sectors like the automobile and electronics industries. An encoder is a piece of hardware that can translate data into a code and then translate the code back to the original data. In computing, an encoder transforms a series of types or an analogue signal into a format that can be effectively stored and utilised by a driver. The four different types of encoders are mechanical, optical, magnetic, and electromagnetic induction encoders. Four different types of information are needed to accurately spin the motor: rotation quantity, rotation speed, rotation direction, and rotation position.
A mechanical motion sensor called an encoder analyses data, transforms it into a code, and can reverse the code back to its original form. An encoder may give users of motion control systems information about location, velocity, and direction because it is an electro-mechanical device. Additionally, the capacity of encoders to deliver real-time data is helping the industries improve operating speed, bring precision to workflow, and simplify process control. As a result, through 2027, the high productivity solutions provided by encoders will drive the market's expansion. In many applications such as automotive, consumer electronics, industrial, and others, employ linear and rotary encoders sensing technologies.
Surface Mount Technology (SMT) procedures in encoder devices, optical technology-based encoders, and the burgeoning Internet of Things (IoT) technology are just a few examples of the new technologies being continuously developed and implemented.
Market Overview |
Forecast Period | 2024-2028 |
Market Size 2022 | USD 2.32 Billion |
Market Size 2028 | USD 3.57 Billion |
CAGR (2023-2028) | 7.4% |
Fastest Growing Segment | Magnetic |
Largest Market | Asia-Pacific |
Encoders are being used more often for machine monitoring and control.
The market for encoders is expanding because of the solutions that encoders offer for motion control in different industrial automation systems applications. For factory automation, encoders offer a variety of qualities including speed, durability, and dependability. During the projection period, the encoder market will be driven by these characteristics.
For many industrial applications, there is a growing need for better automated controls that may boost production, cut costs, and enhance performance. Encoder demand is, hence driving automotive applications. The market for encoders is expanding due to the solutions that encoders offer for motion control in different industrial automation systems applications., being opportune for the growth of the Encoder market.
Automotive Industry Renewal Fueling Growth
The automotive industry is anticipated to have a sizable part of the worldwide market due to the quick adoption of IoT, which employs encoders for several purposes.
The position or angular motion of the encoder blade is translated into digital code with the aid of an encoder. Robotics, industrial controls, temperature control systems, computer input devices, and numerous user interfaces are few applications that rotary encoders are primarily employed in.
Strong Robotics Industry Supporting Encoder Industry Growth
For a variety of purposes, including redundancy, lift control, steering assembly, and drive motors, encoders are widely employed to assure the precision of automated machines like Automated Guided Vehicles (AGV) or Autonomous Mobile Robots (AMR).
Market Segmentation
Global Encoder is segmented by Technology, Type, and end user industry. Based on Technology, the market is segmented into Optical, Magnetic, and Others. Based on Type, the market is segmented into Rotary Encoder and Linear Encoder. By End User Industry, the market is divided into Industrial, Textiles, Automotive, Packaging, Food & Beverages, and End-user Industries.
Market player
Major market players in the global Encoder are Baumer Holding AG, Sensata Technologies, Inc., Rockwell Automation Inc, Dynapar Corporation, Omron Automation, Dr. Fritz Faulhaber GmbH & Co. KG, Posital-Fraba Inc, Heidenhain GmbH, ELCO INDUSTRIE AUTOMATION GMBH, Maxon Motor Ag.
Report Scope:
In this report, the Global Encoder has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Encoder, By Technology:
Encoder, By Type:
- Rotary Encoder
- Linear Encoder
Encoder, By End User Industry:
- Industrial
- Textiles
- Automotive
- Packaging
- Food & Beverages
- Other End-user Industries
Encoder, By Region:
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe
- Germany
- United Kingdom
- France
- Russia
- Switzerland
- Belgium
- Italy
- South America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Israel
- Turkey
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Encoder.
Available Customizations
Global Encoder report with the given market data, TechSci Research 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 (up to five).
Table of Contents
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Encoder
4. Executive Summary
5. Voice of Customers
6. Global Encoder Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Technology (Optical, Magnetic and Others)
- 6.2.2. By Type (Rotary Encoder, Linear Encoder)
- 6.2.3. By End User Industry (Industrial, Textiles, Automotive, Packaging, Food & Beverages and Other End-user Industries)
- 6.2.4. By Region
- 6.3. By Company
- 6.4. Market Map
7. North America Encoder Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Technology
- 7.2.2. By Type
- 7.2.3. By End User Industry
- 7.2.4. By Country
- 7.3. North America: Country Analysis
- 7.3.1. United States Encoder Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Technology
- 7.3.1.2.2. By Type
- 7.3.1.2.3. By End User Industry
- 7.3.2. Canada Encoder Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Technology
- 7.3.2.2.2. By Type
- 7.3.2.2.3. By End User Industry
- 7.3.3. Mexico Encoder Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Technology
- 7.3.3.2.2. By Type
- 7.3.3.2.3. By End User Industry
8. Asia-Pacific Encoder Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Technology
- 8.2.2. By Type
- 8.2.3. By End User Industry
- 8.2.4. By Country
- 8.3. Asia-Pacific: Country Analysis
- 8.3.1. China Encoder Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Technology
- 8.3.1.2.2. By Type
- 8.3.1.2.3. By End User Industry
- 8.3.2. India Encoder Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Technology
- 8.3.2.2.2. By Type
- 8.3.2.2.3. By End User Industry
- 8.3.3. Japan Encoder Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Technology
- 8.3.3.2.2. By Type
- 8.3.3.2.3. By End User Industry
- 8.3.4. South Korea Encoder Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Technology
- 8.3.4.2.2. By Type
- 8.3.4.2.3. By End User Industry
- 8.3.5. Australia Encoder Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Technology
- 8.3.5.2.2. By Type
- 8.3.5.2.3. By End User Industry
- 8.3.6. Singapore Encoder Outlook
- 8.3.6.1. Market Size & Forecast
- 8.3.6.2. Market Share & Forecast
- 8.3.6.2.1. By Technology
- 8.3.6.2.2. By Type
- 8.3.6.2.3. By End User Industry
- 8.3.7. Malaysia Encoder Outlook
- 8.3.7.1. Market Size & Forecast
- 8.3.7.2. Market Share & Forecast
- 8.3.7.2.1. By Technology
- 8.3.7.2.2. By Type
- 8.3.7.2.3. By End User Industry
9. Europe Encoder Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1.1.1. By Technology
- 9.2.1.1.2. By Type
- 9.2.1.1.3. By End User Industry
- 9.3. Europe: Country Analysis
- 9.3.1. Germany Encoder Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Technology
- 9.3.1.2.2. By Type
- 9.3.1.2.3. By End User Industry
- 9.3.2. United Kingdom Encoder Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Technology
- 9.3.2.2.2. By Type
- 9.3.2.2.3. By End User Industry
- 9.3.3. France Encoder Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Technology
- 9.3.3.2.2. By Type
- 9.3.3.2.3. By End User Industry
- 9.3.4. Russia Encoder Outlook
- 9.3.4.1. Market Size & Forecast
- 9.3.4.2. Market Share & Forecast
- 9.3.4.2.1. By Technology
- 9.3.4.2.2. By Type
- 9.3.4.2.3. By End User Industry
- 9.3.5. Switzerland Encoder Outlook
- 9.3.5.1. Market Size & Forecast
- 9.3.5.2. Market Share & Forecast
- 9.3.5.2.1. By Technology
- 9.3.5.2.2. By Type
- 9.3.5.2.3. By End User Industry
- 9.3.6. Belgium Encoder Outlook
- 9.3.6.1. Market Size & Forecast
- 9.3.6.2. Market Share & Forecast
- 9.3.6.2.1. By Technology
- 9.3.6.2.2. By Type
- 9.3.6.2.3. By End User Industry
- 9.3.7. Italy Encoder Outlook
- 9.3.7.1. Market Size & Forecast
- 9.3.7.2. Market Share & Forecast
- 9.3.7.2.1. By Technology
- 9.3.7.2.2. By Type
- 9.3.7.2.3. By End User Industry
10. South America Encoder Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Technology
- 10.2.2. By Type
- 10.2.3. By End User Industry
- 10.2.4. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Encoder Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Technology
- 10.3.1.2.2. By Type
- 10.3.1.2.3. By End User Industry
- 10.3.2. Argentina Encoder Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Technology
- 10.3.2.2.2. By Type
- 10.3.2.2.3. By End User Industry
- 10.3.3. Colombia Encoder Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Technology
- 10.3.3.2.2. By Type
- 10.3.3.2.3. By End User Industry
- 10.3.4. Peru Encoder Outlook
- 10.3.4.1. Market Size & Forecast
- 10.3.4.2. Market Share & Forecast
- 10.3.4.2.1. By Technology
- 10.3.4.2.2. By Type
- 10.3.4.2.3. By End User Industry
- 10.3.5. Chile Encoder Outlook
- 10.3.5.1. Market Size & Forecast
- 10.3.5.2. Market Share & Forecast
- 10.3.5.2.1. By Technology
- 10.3.5.2.2. By Type
- 10.3.5.2.3. By End User Industry
11. Middle East & Africa Encoder Outlook
- 11.1. Market Size & Forecast
- 11.2. Market Share & Forecast
- 11.2.1. By Technology
- 11.2.2. By Type
- 11.2.3. By Country
- 11.3. Middle East & Africa: Country Analysis
- 11.3.1. Saudi Arabia Encoder Outlook
- 11.3.1.1. Market Size & Forecast
- 11.3.1.2. Market Share & Forecast
- 11.3.1.2.1. By Technology
- 11.3.1.2.2. By Type
- 11.3.1.2.3. By End User Industry
- 11.3.2. South Africa Encoder Outlook
- 11.3.2.1. Market Size & Forecast
- 11.3.2.2. Market Share & Forecast
- 11.3.2.2.1. By Technology
- 11.3.2.2.2. By Type
- 11.3.2.2.3. By End User Industry
- 11.3.3. UAE Encoder Outlook
- 11.3.3.1. Market Size & Forecast
- 11.3.3.2. Market Share & Forecast
- 11.3.3.2.1. By Technology
- 11.3.3.2.2. By Type
- 11.3.3.2.3. By End User Industry
- 11.3.4. Israel Encoder Outlook
- 11.3.4.1. Market Size & Forecast
- 11.3.4.2. Market Share & Forecast
- 11.3.4.2.1. By Technology
- 11.3.4.2.2. By Type
- 11.3.4.2.3. By End User Industry
- 11.3.5. Turkey Encoder Outlook
- 11.3.5.1. Market Size & Forecast
- 11.3.5.2. Market Share & Forecast
- 11.3.5.2.1. By Technology
- 11.3.5.2.2. By Type
- 11.3.5.2.3. By End User Industry
12. Market Dynamics
- 12.1. Drivers
- 12.2. Challenges
13. Market Trends & Developments
14. Company Profiles
- 14.1. Baumer Holding AG
- 14.1.1. Business Overview
- 14.1.2. Key Revenue and Financials
- 14.1.3. Recent Developments
- 14.1.4. Key Personnel
- 14.1.5. Key Products Offered
- 14.2. Sensata Technologies, Inc.
- 14.2.1. Business Overview
- 14.2.2. Key Revenue and Financials
- 14.2.3. Recent Developments
- 14.2.4. Key Personnel
- 14.2.5. Key Products Offered
- 14.3. Rockwell Automation Inc
- 14.3.1. Business Overview
- 14.3.2. Key Revenue and Financials
- 14.3.3. Recent Developments
- 14.3.4. Key Personnel
- 14.3.5. Key Products Offered
- 14.4. Dynapar Corporation
- 14.4.1. Business Overview
- 14.4.2. Key Revenue and Financials
- 14.4.3. Recent Developments
- 14.4.4. Key Personnel
- 14.4.5. Key Products Offered
- 14.5. Omron Automation
- 14.5.1. Business Overview
- 14.5.2. Key Revenue and Financials
- 14.5.3. Recent Developments
- 14.5.4. Key Personnel
- 14.5.5. Key Products Offered
- 14.6. Dr. Fritz Faulhaber GmbH & Co. KG
- 14.6.1. Business Overview
- 14.6.2. Key Revenue and Financials
- 14.6.3. Recent Developments
- 14.6.4. Key Personnel
- 14.6.5. Key Products Offered
- 14.7. Posital-Fraba Inc
- 14.7.1. Business Overview
- 14.7.2. Key Revenue and Financials
- 14.7.3. Recent Developments
- 14.7.4. Key Personnel
- 14.7.5. Key Products Offered
- 14.8. Heidenhain GmbH
- 14.8.1. Business Overview
- 14.8.2. Key Revenue and Financials
- 14.8.3. Recent Developments
- 14.8.4. Key Personnel
- 14.8.5. Key Products Offered
- 14.9. Elco Industrie Automation GmbH
- 14.9.1. Business Overview
- 14.9.2. Key Revenue and Financials
- 14.9.3. Recent Developments
- 14.9.4. Key Personnel
- 14.9.5. Key Products Offered
- 14.10. Maxon Motor Ag
- 14.10.1. Business Overview
- 14.10.2. Key Revenue and Financials
- 14.10.3. Recent Developments
- 14.10.4. Key Personnel
- 14.10.5. Key Products Offered
15. Strategic Recommendations
16. About Us & Disclaimer