What is the market size for the optical encoder market?

The Market is expected to grow by $ 1564.6 mn in 2024-2028. <a href='https://www.technavio.com/report/optical-encoder-market-industry-analysis'>Read More</a>

What is the CAGR for the optical encoder market?

14.76% CAGR with $ 1564.6 mn Momentum. <a href='https://www.technavio.com/report/optical-encoder-market-industry-analysis'>Read More</a>

What is the growth rate of the Optical Encoder Market market?

14.76% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/optical-encoder-market-industry-analysis'>Read More</a>

Which region held the largest market share in the Optical Encoder Market market?

APAC with 54% of the market growth. <a href='https://www.technavio.com/report/optical-encoder-market-industry-analysis'>Read More</a>

Who are the prominent players in the Optical Encoder Market market?

Allied Motion Technologies Inc., Baumer Holding AG, Bourns Inc., Broadcom Inc., CODECHAMP SA, HEIDENHAIN, Fortive Corp., FRABA BV, Grayhill Inc., Gurley Precision Instruments Inc., HONEST .... <a href='https://www.technavio.com/report/optical-encoder-market-industry-analysis'>Read More</a>

Optical Encoder Market Analysis APAC, Europe, North America, South America, Middle East and Africa - China, US, Japan, Germany, South Korea - Size and Forecast 2024-2028

Published: Jun 2024
Pages: 179
SKU: IRTNTR73036

Enjoy complimentary customisation on priority with our Enterprise License!

Optical Encoder Market Size 2024-2028

The optical encoder market size is forecast to increase by USD 1.56 billion at a CAGR of 14.76% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for precision positioning in various industries. Key applications include building automation, semiconductor manufacturing, agriculture, marine, energy, telecom, professional food equipment, motorcycles, off-road vehicles, aerospace and defense, and material handling. Optical encoders provide accurate and reliable position feedback, making them essential components in motor control systems. Trends in the market include the integration of thermal management solutions to ensure encoder performance in harsh environments. Inverters and chargers, pressure sensors, and force sensors are increasingly being used in conjunction with encoders to optimize system efficiency. The use of optical encoders in drones for surveying and mapping applications is also on the rise.

What will be the Size of the Market During the Forecast Period?

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

2.2 Market characteristics
- Market characteristics analysis

2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition

3.2 Market segment analysis
- Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Optical Encoder Market 2018 - 2022
- Historic Market Size - Data Table on Global Optical Encoder Market 2018 - 2022 ($ million)

4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)

4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)

4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)

4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028

5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)

6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type

6.3 Absolute encoder - Market size and forecast 2023-2028
- Chart on Absolute encoder - Market size and forecast 2023-2028 ($ million)
- Data Table on Absolute encoder - Market size and forecast 2023-2028 ($ million)
- Chart on Absolute encoder - Year-over-year growth 2023-2028 (%)
- Data Table on Absolute encoder - Year-over-year growth 2023-2028 (%)

6.4 Incremental encoder - Market size and forecast 2023-2028
- Chart on Incremental encoder - Market size and forecast 2023-2028 ($ million)
- Data Table on Incremental encoder - Market size and forecast 2023-2028 ($ million)
- Chart on Incremental encoder - Year-over-year growth 2023-2028 (%)
- Data Table on Incremental encoder - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)

7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user

7.3 Machine tools manufacturers - Market size and forecast 2023-2028
- Chart on Machine tools manufacturers - Market size and forecast 2023-2028 ($ million)
- Data Table on Machine tools manufacturers - Market size and forecast 2023-2028 ($ million)
- Chart on Machine tools manufacturers - Year-over-year growth 2023-2028 (%)
- Data Table on Machine tools manufacturers - Year-over-year growth 2023-2028 (%)

7.4 Assembly equipment manufacturers - Market size and forecast 2023-2028
- Chart on Assembly equipment manufacturers - Market size and forecast 2023-2028 ($ million)
- Data Table on Assembly equipment manufacturers - Market size and forecast 2023-2028 ($ million)
- Chart on Assembly equipment manufacturers - Year-over-year growth 2023-2028 (%)
- Data Table on Assembly equipment manufacturers - Year-over-year growth 2023-2028 (%)

7.5 Consumer electronics and semiconductor equipment manufacturers - Market size and forecast 2023-2028
- Chart on Consumer electronics and semiconductor equipment manufacturers - Market size and forecast 2023-2028 ($ million)
- Data Table on Consumer electronics and semiconductor equipment manufacturers - Market size and forecast 2023-2028 ($ million)
- Chart on Consumer electronics and semiconductor equipment manufacturers - Year-over-year growth 2023-2028 (%)
- Data Table on Consumer electronics and semiconductor equipment manufacturers - Year-over-year growth 2023-2028 (%)

7.6 Healthcare equipment manufacturers - Market size and forecast 2023-2028
- Chart on Healthcare equipment manufacturers - Market size and forecast 2023-2028 ($ million)
- Data Table on Healthcare equipment manufacturers - Market size and forecast 2023-2028 ($ million)
- Chart on Healthcare equipment manufacturers - Year-over-year growth 2023-2028 (%)
- Data Table on Healthcare equipment manufacturers - Year-over-year growth 2023-2028 (%)

7.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)

7.8 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)

9.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)

9.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.12 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 ($ million)
- Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview

11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

11.3 Landscape disruption
- Overview on factors of disruption

11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered

12.2 Market positioning of companies
- Matrix on companies position and classification

12.3 Allied Motion Technologies Inc.
- Allied Motion Technologies Inc. - Overview
- Allied Motion Technologies Inc. - Product / Service
- Allied Motion Technologies Inc. - Key offerings

12.4 Baumer Holding AG
- Baumer Holding AG - Overview
- Baumer Holding AG - Product / Service
- Baumer Holding AG - Key offerings

12.5 Bourns Inc.
- Bourns Inc. - Overview
- Bourns Inc. - Product / Service
- Bourns Inc. - Key offerings

12.6 Broadcom Inc.
- Broadcom Inc. - Overview
- Broadcom Inc. - Business segments
- Broadcom Inc. - Key news
- Broadcom Inc. - Key offerings
- Broadcom Inc. - Segment focus

12.7 CODECHAMP SA
- CODECHAMP SA - Overview
- CODECHAMP SA - Product / Service
- CODECHAMP SA - Key offerings

12.8 Fortive Corp.
- Fortive Corp. - Overview
- Fortive Corp. - Business segments
- Fortive Corp. - Key news
- Fortive Corp. - Key offerings
- Fortive Corp. - Segment focus

12.9 Grayhill Inc.
- Grayhill Inc. - Overview
- Grayhill Inc. - Product / Service
- Grayhill Inc. - Key offerings

12.10 Gurley Precision Instruments Inc.
- Gurley Precision Instruments Inc. - Overview
- Gurley Precision Instruments Inc. - Product / Service
- Gurley Precision Instruments Inc. - Key offerings

12.11 Novanta Inc.
- Novanta Inc. - Overview
- Novanta Inc. - Business segments
- Novanta Inc. - Key news
- Novanta Inc. - Key offerings
- Novanta Inc. - Segment focus

12.12 Sensata Technologies Inc.
- Sensata Technologies Inc. - Overview
- Sensata Technologies Inc. - Business segments
- Sensata Technologies Inc. - Key news
- Sensata Technologies Inc. - Key offerings
- Sensata Technologies Inc. - Segment focus

13 Appendix