Report overview
An optical encoder is a type of encoder that uses a sensor to identify position change as light passes through a patterned encoder wheel or disk.
This report aims to provide a comprehensive presentation of the global market for Optical Encoders, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Optical Encoders. This report contains market size and forecasts of Optical Encoders in global, including the following market information:
Global Optical Encoders Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Optical Encoders Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five Optical Encoders companies in 2022 (%)
The global Optical Encoders market was valued at US$ 12310 million in 2022 and is projected to reach US$ 17850 million by 2029, at a CAGR of 5.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Optical Encoders key players include Broadcom, BEI Sensors, Renishaw, Baumer Group, etc. Global top four manufacturers hold a share nearly 25%.
North America is the largest market, with a share over 35%, followed by China, and Europe, both have a share about 40 percent.
In terms of product, Incremental Encoders is the largest segment, with a share over 65%. And in terms of application, the largest application is Machine Tool, followed by Assembly Equipment, Consumer Electronics, Healthcare, etc.
We surveyed the Optical Encoders manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Optical Encoders Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Optical Encoders Market Segment Percentages, by Type, 2022 (%)
Incremental Encoders
Absolute Encoders
Global Optical Encoders Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Optical Encoders Market Segment Percentages, by Application, 2022 (%)
Healthcare
Machine Tool
Consumer Electronics
Assembly Equipment
Other
Global Optical Encoders Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Optical Encoders Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Optical Encoders revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Optical Encoders revenues share in global market, 2022 (%)
Key companies Optical Encoders sales in global market, 2018-2023 (Estimated), (M Units)
Key companies Optical Encoders sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Broadcom
BEI Sensors
Renishaw
Dynapar
Baumer Group
TAMAGAWA SEIKI Co.,Ltd
CTS
Allied Motion
EPC
US Digital
CUI
OMRON Corporation
HEIDENHAIN
Bourns
Grayhill
Gurley Precision Instruments
HONEYWELL INTERNATIONAL INC
Graduate Honest Sensor Corp
HONTKO
Yuheng Optics Co., Ltd
Inovance Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Optical Encoders, market overview.
Chapter 2: Global Optical Encoders market size in revenue and volume.
Chapter 3: Detailed analysis of Optical Encoders manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Optical Encoders in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Optical Encoders capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
