When the encoder shaft rotates, the light beam from the LED is interrupted by the opaque lines on the Code Disk before being picked up by the Photodetector Assembly. This produces a pulse signal: light indicates on; no light indicates off. The signal is sent to the counter or controller, which will then send the signal to produce the required function.
Market Dynamics:
Automakers are progressively incorporating Bluetooth and other cellular technology into their automotive to meet the increasing demand of consumers to remain connected while on the go. Since the automotive industry utilizes various encoders to generate a digital position and motion information for shaft rotations, the automotive industry's growth is projected to impact the demand for encoders directly. Air bearings can help with the precision but, they aren’t ideal with respect to the rigidity or the low budget ownership price. The latest angle encoders on contrary, can help with all the three needs.
On Contrary, Encoders are mainly used in a range of the harsh challenging end user application comprising F&B, processing, cranes, specialty vehicles heavy tools, energy generation tool and other indoor and outdoor uses.
. Key features of the study:
- This report provides in-depth analysis of the global encoder market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global encoder market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Major players in the global encoder market are Omron Corporation, Baumer Group, Honeywell International, FAULHABER Drive Systems, Pepperl+Fuchs International, Renishaw Plc., Maxon Motor AG, Sensata Technologies, Dynapar Corporation (Fortive Corporation), Schneider Electric, Dr. Johannes Heidenhain GmbH, Panasonic Corporation, Hengstler GMBH (Fortive Corporation), POSITAL FRABA Inc. (FRABA BV) and Rockwell Automation Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global encoder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Encoder market.
Detailed Segmentation:
- Global Encoder Market, By Type:
- Rotary Encoder
- Linear Encoder
- Global Encoder Market, By Technology:
- Optical
- Magnetic
- Photoelectric
- Other Technologies
- Global Encoder Market, By End User:
- Automotive
- Electronics
- Textile
- Printing Machinery
- Industrial
- Medical
- Other End Users
- Global Encoder Market, By Geography:
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Company Profiles:
- Omron Corporation
- Honeywell International
- Schneider Electric
- Rockwell Automation Inc.
- Panasonic Corporation
- Baumer Group
- Renishaw Plc.
- Dynapar Corporation
- FAULHABER Drive System
- Pepperl+ Fuchs International
- Hengstler GMBH
- MAXON Motor AG
- Johannes Heidenhain GmbH
- POSITAL FRABA Inc.
- Sensata Technologies
