PUBLISHER: QYResearch | PRODUCT CODE: 1861314
PUBLISHER: QYResearch | PRODUCT CODE: 1861314
The global market for Absolute Rotary Encoders was estimated to be worth US$ 1701 million in 2024 and is forecast to a readjusted size of US$ 2166 million by 2031 with a CAGR of 3.4% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Absolute Rotary Encoders cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global Absolute Rotary Encoders production reached approximately 14661 K units, with an average global market price of around US$ 116 per unit. A rotary encoder, also called a shaft encoder, is an electro-mechanical device that converts the angular position or motion of a shaft or axle to an analog or digital code. There are two main types: absolute and incremental (relative). Absolute rotary encoders provide a distinctly coded numerical value for each shaft position. In positioning tasks in particular, the absolute encoders relieve the controller of computation tasks and keep costs down by eliminating the need for additional input components. Moreover, reference runs when the machine is switched on or after power failures are no longer required as the current position value is available immediately. Parallel absolute encoders transmit the position value to the analyzing electronics through several parallel cables. Serial absolute encoders transmit their output data via standardized interfaces and protocols.
Technical Development Trends
High Precision and Intelligence: Mainstream products are moving towards an accuracy of +-0.1°, and AI algorithms are used to achieve real-time position compensation. Breakthroughs in multi-turn absolute encoders technology, supporting power-off memory and wireless transmission functions.
Emerging Technologies as Alternatives: Magnetic encoders are gradually replacing some of the optical encoders in the market due to their strong anti-interference ability and low cost (growth rate exceeds optical encoders in 2024). Inductive encoders demonstrate significant potential in applications in harsh environments (such as high temperatures and oil contamination).
Application Domain Expansion
Industrial Robots: Collaborative robots have increasing demand for lightweight and high-response encoders.
Medical Devices: Surgical robots are developing micro-sized and sterile-encased encoders.
Challenges and Solutions
Technical Barriers: Domestic high-end encoders still need to overcome in terms of resolution (such as >24 bits) and reliability.
Supply Chain Risks: Key materials (such as optical glass) rely on imports, and local production needs to be strengthened.
Policy and Investment Opportunities
Policy Support: China's "Made in China 2025" promotes the domestication of encoders, providing subsidies for research and development investment.
Investment Directions: High-precision magnetic encoders, multi-turn absolute value encoders, and intelligent integration solutions.
This report aims to provide a comprehensive presentation of the global market for Absolute Rotary Encoders, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Absolute Rotary Encoders by region & country, by Type, and by Application.
The Absolute Rotary Encoders market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Absolute Rotary Encoders.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Absolute Rotary Encoders manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Absolute Rotary Encoders in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Absolute Rotary Encoders in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.