Encoders Market Is Set To Grow With a CAGR Of 11.9% During The Forecast Period: Credence Research
The global encoder market worldwide is set to grow at a CAGR of 11.9 percent over the forecast period.
SANJOSE, United States – August 7, 2019 /MarketersMedia/ —
According to a new market research report published by Credence Research “Global Encoders Market – Growth, Future Prospects and Competitive Analysis,2019 – 2027”, the overall encoders market worldwide is set to grow with a CAGR of 11.9% during the forecast period.
Market Insights
The global encoders market is highly driven by increasing applications of encoders in the automobile and consumer electronics industry. Also, technological advancements play a vital role in the development of this market globally. These are used in various systems and machines which requires the encoders due to fast processing and acceleration. Some of the devices in which encoders are used are printers, scanners, motors and others. Additionally, the adoption of these devices in automotive is a major factor driving the encoder market.
Browse the full report at https://www.credenceresearch.com/report/encoders-market
Moreover, several key players are developing and launching new encoders for various industries with an aim of improving the work efficiency and process. In July 2016, FAULHABER Drive Systems subsidiary named MICROMO launched IER3 and IERS3 optical encoders with an advance ability of accuracy and signal quality compared to others encoders.
Based on type, the encoder market has been segmented as rotator encoders, linear encoders and others. The linear encoder sub-segment holds the largest market share by type segment and is expected to be the fastest-growing sub-segment during the forecast period. The linear encoders are device, which converts the analog or digital signals in response to linear motion. These are used in various industries such as manufacturing, electronics, automotive. Industrial process and other industries. The linear encoders have a wide application in coordinate-measuring machines (CMM), laser scanners, callipers, gear measurement, tension testers, and others.
Asia-Pacific is expected to be the fastest-growing market due to the presence of China, Japan, India, South Korea, and others developed and developing countries in the region. The demand for automobile and consumer electronics is growing rapidly due to technological advancement and ever-growing consumer base. Additionally, the increasing disposable income also contributes in driving the market growth. Moreover, the presence of various manufacturing companies of encoders such as Omron Corporation, Panasonic Corporation and others in the region also drives the market.
Some of the major companies Honeywell International, Omron Corporation, Schneider Electric, Panasonic Corporation, Rockwell Automation Inc., Baumer Group, BEI Sensors, FAULHABER Drive Systems, Dynapar Corporation, Pepperl+Fuchs International, Maxon Motor ag, and Hengstler GmbH.
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ToC:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II-Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
………..
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global EncoderMarket Value, 2017 – 2027, (US$ Bn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition, by Geography, 2018
3.6 Competitive Analysis
3.6.1 Market Positioning of KeyEncoderVendors, 2018
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Encoder Market Analysis, by Type, 2017 – 2027 (US$ Bn)
4.1 Overview
4.2 Rotary Encoder
4.3 Linear Encoder
4.4 Others
Chapter 5 Global Encoder Market Analysis, by Technology, 2017 – 2027 (US$ Bn)
5.1 Overview
5.2 Optical
5.3 Magnetic
5.4 Photoelectric
5.5 Others
Chapter 6 Global Encoder Market Analysis, by End-User, 2017 – 2027 (US$ Bn)
6.1 Overview
6.2 Automotive
6.3 Electronics
6.4 Textile & Printing Machinery
6.5 Others
Chapter 7 North America Encoder Market Analysis, 2017 – 2027 (US$ Bn)
……….
Chapter 8 Europe Encoder Market Analysis, 2017 – 2027 (US$ Bn)
……….
Chapter 9 Asia Pacific Encoder Market Analysis, 2017 – 2027 (US$ Bn)
………..
Chapter 10 Rest of the World (RoW)Encoder Market Analysis, 2017 – 2027 (US$ Bn)
………….
Chapter 11 Company Profiles
11.1 Omron Corporation
11.2 Honeywell International
11.3 Schneider Electric
11.4 Rockwell Automation Inc.
11.5 Panasonic Corporation
11.6 Baumer Group
11.7 BEI Sensors
11.8 Dynapar Corporation
11.9 FAULHABER Drive Systems
11.10 Pepperl+Fuchs International
11.11 Hengstler GmbH
11.12 Maxon Motor ag.
………………toc continued
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Key questions answered in this report
What was the market size of Encoders in 2018 and forecast up to 2027?
Which is the largest regional market of encoders for the automotive industry?
What are the major trends followed in the Encoders market across different regions?
Who are the key Encoders companies leading the market?
What are the key strategies adopted by the leading Encoders companies in the market?
Browse the full report at https://www.credenceresearch.com/report/encoders-market
About Us
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