Absolute Rotary Encoders Market report is predicted to gain better growth in coming years 2019 to 2024. This Absolute Rotary Encoders market report provides extensive analysis of top-vendors, regional development, progressive trends, and countless growth statistics of Absolute Rotary Encoders market. Additionally, emerging opportunities and revenue forecast (2019-2024) allows easy decision-making for all readers worldwide.
About Absolute Rotary Encoders
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.
Absolute Rotary Encoders industry is relatively fragmented with fierce competition. Heidenhain is the world leading manufacturer in global Absolute Rotary Encoders market with the market share of 18.16%, in terms of revenue, followed by Tamagawa, Nemicon, P+F, TR Electronic, Baumer, Kuebler, Danaher(Hengstler), Omron, Koyo, BEI, Sick, Yuheng Optics, ELCO, Wuxi CREATE, Roundss, Sanfeng and Shanghai HOUDE. The top 18 listed companies accounted for 86% of the revenue market share in 2017.
North America, Europe and Asia Pacific are the largest consumption regions, occupied about 95% of market share, in terms of volume. More than 38.16% of Absolute Rotary Encoders products were put into the Europe market. And Europe market is expected to keep being the biggest market with market share of 35.68% in 2023.
Covered in this report
According to this study, over the next five years the Absolute Rotary Encoders market will register a 1.2% CAGR in terms of revenue, the global market size will reach US$ 1420 million by 2024, from US$ 1340 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Absolute Rotary Encoders business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Absolute Rotary Encoders market by product type, application, key manufacturers and key regions and countries.
This study considers the Absolute Rotary Encoders value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Multi-Turn
- Single-Turn
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Healthcare
- Machine Tool
- Consumer Electronics
- Assembly Equipment
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Heidenhain
- Tamagawa
- Nemicon
- P+F
- TR Electronic
- Baumer
- Kuebler
- Danaher(Hengstler)
- Omron
- Koyo
- BEI
- Sick
- Yuheng Optics
- ELCO
- Wuxi CREATE
- Roundss
- Sanfeng
- Shanghai HOUDE
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Key Topics Covered:
1 Scope of the Report
2 Executive Summary
3 Global Absolute Rotary Encoders by Players
4 Absolute Rotary Encoders by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Absolute Rotary Encoders Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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