Global Industrial Encoder Market 2024-2028

Description

List of Tables

The industrial encoder market is forecasted to grow by USD 1.28 bn during 2023-2028, accelerating at a CAGR of 9.62% during the forecast period. The report on the industrial encoder market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for material handling systems, rising demand due to easy mountability of encoders, and increased use of advanced technology equipment in industries.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	9.12%
CAGR	9.62%
Incremental Value	$1.28bn

Technavio's industrial encoder market is segmented as below:

By Type

Optical encoder
Magnetic encoder

By End-user

Automotive
Electronics
Machine tools
Others

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the growing interest in using drones across numerous applications as one of the prime reasons driving the industrial encoder market growth during the next few years. Also, increasing innovations in autonomous cars and advancement in communicating industries through IIoT will lead to sizable demand in the market.

The report on the industrial encoder market covers the following areas:

Industrial encoder market sizing
Industrial encoder market forecast
Industrial encoder market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial encoder market vendors that include Baumer Holding AG, FAULHABER GROUP, Fortive Corp., Hans Turck GmbH and Co. KG, DR. JOHANNES HEIDENHAIN GmbH, ifm electronic gmbh, maxon motor AG, OMRON Corp., Pepperl and Fuchs SE, Pilz GmbH and Co. KG, Renishaw Plc, Rockwell Automation Inc., Sensata Technologies Inc., and SIKO GmbH. Also, the industrial encoder market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR46605

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global industrial encoder market 2018 - 2022
4.2 Type Segment Analysis 2018 - 2022
4.3 End-user Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Type

6.1 Market segments
6.2 Comparison by Type
6.3 Optical encoder - Market size and forecast 2023-2028
6.4 Magnetic encoder - Market size and forecast 2023-2028
6.5 Market opportunity by Type

7 Market Segmentation by End-user

7.1 Market segments
7.2 Comparison by End-user
7.3 Automotive - Market size and forecast 2023-2028
7.4 Electronics - Market size and forecast 2023-2028
7.5 Machine tools - Market size and forecast 2023-2028
7.6 Others - Market size and forecast 2023-2028
7.7 Market opportunity by End-user

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
9.4 North America - Market size and forecast 2023-2028
9.5 Europe - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 China - Market size and forecast 2023-2028
9.10 Japan - Market size and forecast 2023-2028
9.11 Germany - Market size and forecast 2023-2028
9.12 South Korea - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Baumer Holding AG
12.4 DR. JOHANNES HEIDENHAIN GmbH
12.5 FAULHABER GROUP
12.6 Fortive Corp.
12.7 Hans Turck GmbH and Co. KG
12.8 ifm electronic gmbh
12.9 maxon motor AG
12.10 OMRON Corp.
12.11 Pepperl and Fuchs SE
12.12 Pilz GmbH and Co. KG
12.13 Renishaw Plc
12.14 Rockwell Automation Inc.
12.15 Sensata Technologies Inc.
12.16 SIKO GmbH

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations