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.
Absolute rotary encoders industry is relatively concentrated, manufacturers are mostly in the Japan, Europe and North America. Among them, Europe output value accounted for more than 45.71% of the total output value of global absolute rotary encoders in 2016. Heidenhain is the world leading manufacturer in global absolute rotary encoders market with the market share of 17.85%, in terms of revenue.
With the increasing in production capacity, expected that the absolute rotary encoders raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of absolute rotary encoders.
There are companies aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
According to this study, over the next five years the Absolute Rotary Encoders market will register a 7.2% CAGR in terms of revenue, the global market size will reach US$ 13100 million by 2024, from US$ 8670 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
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Absolute Rotary Encoders consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Absolute Rotary Encoders market by identifying its various subsegments.
Focuses on the key global Absolute Rotary Encoders manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Absolute Rotary Encoders with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Absolute Rotary Encoders submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Absolute Rotary Encoders Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Absolute Rotary Encoders Consumption 2014-2024
2.1.2 Absolute Rotary Encoders Consumption CAGR by Region
2.2 Absolute Rotary Encoders Segment by Type
2.2.1 Multi-Turn
2.2.2 Single-Turn
2.3 Absolute Rotary Encoders Consumption by Type
2.3.1 Global Absolute Rotary Encoders Consumption Market Share by Type (2014-2019)
2.3.2 Global Absolute Rotary Encoders Revenue and Market Share by Type (2014-2019)
2.3.3 Global Absolute Rotary Encoders Sale Price by Type (2014-2019)
2.4 Absolute Rotary Encoders Segment by Application
2.4.1 Healthcare
2.4.2 Machine Tool
2.4.3 Consumer Electronics
2.4.4 Assembly Equipment
2.4.5 Others
2.5 Absolute Rotary Encoders Consumption by Application
2.5.1 Global Absolute Rotary Encoders Consumption Market Share by Application (2014-2019)
2.5.2 Global Absolute Rotary Encoders Value and Market Share by Application (2014-2019)
2.5.3 Global Absolute Rotary Encoders Sale Price by Application (2014-2019)
3 Global Absolute Rotary Encoders by Players
3.1 Global Absolute Rotary Encoders Sales Market Share by Players
3.1.1 Global Absolute Rotary Encoders Sales by Players (2017-2019)
3.1.2 Global Absolute Rotary Encoders Sales Market Share by Players (2017-2019)
3.2 Global Absolute Rotary Encoders Revenue Market Share by Players
3.2.1 Global Absolute Rotary Encoders Revenue by Players (2017-2019)
3.2.2 Global Absolute Rotary Encoders Revenue Market Share by Players (2017-2019)
3.3 Global Absolute Rotary Encoders Sale Price by Players
3.4 Global Absolute Rotary Encoders Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Absolute Rotary Encoders Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Absolute Rotary Encoders Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Absolute Rotary Encoders by Regions
4.1 Absolute Rotary Encoders by Regions
4.1.1 Global Absolute Rotary Encoders Consumption by Regions
4.1.2 Global Absolute Rotary Encoders Value by Regions
4.2 Americas Absolute Rotary Encoders Consumption Growth
4.3 APAC Absolute Rotary Encoders Consumption Growth
4.4 Europe Absolute Rotary Encoders Consumption Growth
4.5 Middle East & Africa Absolute Rotary Encoders Consumption Growth
5 Americas
5.1 Americas Absolute Rotary Encoders Consumption by Countries
5.1.1 Americas Absolute Rotary Encoders Consumption by Countries (2014-2019)
5.1.2 Americas Absolute Rotary Encoders Value by Countries (2014-2019)
5.2 Americas Absolute Rotary Encoders Consumption by Type
5.3 Americas Absolute Rotary Encoders Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Absolute Rotary Encoders Consumption by Countries
6.1.1 APAC Absolute Rotary Encoders Consumption by Countries (2014-2019)
6.1.2 APAC Absolute Rotary Encoders Value by Countries (2014-2019)
6.2 APAC Absolute Rotary Encoders Consumption by Type
6.3 APAC Absolute Rotary Encoders Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Absolute Rotary Encoders by Countries
7.1.1 Europe Absolute Rotary Encoders Consumption by Countries (2014-2019)
7.1.2 Europe Absolute Rotary Encoders Value by Countries (2014-2019)
7.2 Europe Absolute Rotary Encoders Consumption by Type
7.3 Europe Absolute Rotary Encoders Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Absolute Rotary Encoders by Countries
8.1.1 Middle East & Africa Absolute Rotary Encoders Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Absolute Rotary Encoders Value by Countries (2014-2019)
8.2 Middle East & Africa Absolute Rotary Encoders Consumption by Type
8.3 Middle East & Africa Absolute Rotary Encoders Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Absolute Rotary Encoders Distributors
10.3 Absolute Rotary Encoders Customer
11 Global Absolute Rotary Encoders Market Forecast
11.1 Global Absolute Rotary Encoders Consumption Forecast (2019-2024)
11.2 Global Absolute Rotary Encoders Forecast by Regions
11.2.1 Global Absolute Rotary Encoders Forecast by Regions (2019-2024)
11.2.2 Global Absolute Rotary Encoders Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Absolute Rotary Encoders Forecast by Type
11.8 Global Absolute Rotary Encoders Forecast by Application
12 Key Players Analysis
12.1 Heidenhain
12.1.1 Company Details
12.1.2 Absolute Rotary Encoders Product Offered
12.1.3 Heidenhain Absolute Rotary Encoders Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Heidenhain News
12.2 Tamagawa
12.2.1 Company Details
12.2.2 Absolute Rotary Encoders Product Offered
12.2.3 Tamagawa Absolute Rotary Encoders Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Tamagawa News
12.3 Nemicon
12.3.1 Company Details
12.3.2 Absolute Rotary Encoders Product Offered
12.3.3 Nemicon Absolute Rotary Encoders Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Nemicon News
12.4 P+F
12.4.1 Company Details
12.4.2 Absolute Rotary Encoders Product Offered
12.4.3 P+F Absolute Rotary Encoders Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 P+F News
12.5 TR Electronic
12.5.1 Company Details
12.5.2 Absolute Rotary Encoders Product Offered
12.5.3 TR Electronic Absolute Rotary Encoders Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 TR Electronic News
12.6 Baumer
12.6.1 Company Details
12.6.2 Absolute Rotary Encoders Product Offered
12.6.3 Baumer Absolute Rotary Encoders Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Baumer News
12.7 Kuebler
12.7.1 Company Details
12.7.2 Absolute Rotary Encoders Product Offered
12.7.3 Kuebler Absolute Rotary Encoders Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Kuebler News
12.8 Danaher (Hengstler)
12.8.1 Company Details
12.8.2 Absolute Rotary Encoders Product Offered
12.8.3 Danaher (Hengstler) Absolute Rotary Encoders Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Danaher (Hengstler) News
12.9 Omron
12.9.1 Company Details
12.9.2 Absolute Rotary Encoders Product Offered
12.9.3 Omron Absolute Rotary Encoders Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Omron News
12.10 Koyo
12.10.1 Company Details
12.10.2 Absolute Rotary Encoders Product Offered
12.10.3 Koyo Absolute Rotary Encoders Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Koyo News
12.11 BEI
12.12 Sick
12.13 Yuheng Optics
12.14 ELCO
12.15 Wuxi CREATE
12.16 Roundss
12.17 Sanfeng
12.18 Shanghai HOUDE
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Absolute Rotary Encoders
Table Product Specifications of Absolute Rotary Encoders
Figure Absolute Rotary Encoders Report Years Considered
<