Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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2023 –2030 |
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USD 530.43 million |
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USD 1,049.18 million |
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Europe Encoder Market, By Type (Rotary, Linear), Technology (Optical, Photoelectric, Magnetic, Others), Product Type (Non-Contacting, Contacting), Output (Digital, Analog), Size (31 mm - 70 mm, Less than 30 mm, 71 mm - 100 mm, More than 100 mm), Design (Hollow Shaft Encoders, Solid Shaft Encoders), End User (Industrial, Oil and Gas, Food and Beverage, Printing, Consumer Electronics, Textile, Medical, and Others) – Industry Trends and Forecast to 2030.
To install specific pieces of equipment at the proper installation angle to produce the desired results, the industrial sector uses encoders to pinpoint the precise location of any object. The encoders ensure process management, operational speed, and workflow accuracy. It also encourages the development of highly effective machine tools and the use of high-feedback manufacturing methods. Encoder functionality varies depending on a variety of physical operating principles, outputs, communication protocols, and other elements. They are specially prevalent in industrial settings where heavy machinery completes delicate work, repeatable tasks, or high-precision prototyping. Encoders are widely used in advanced electronics manufacturing, robotics, automation, healthcare, and other industries. Encoders measure motion and signal feedback, their primary function, but their setups, capabilities, and applications vary greatly.
Data Bridge Market Research analyses that the encoder market, valued at USD 530.43 million in 2022, will reach USD 1049.18 million by 2030, growing at a CAGR of 8.9 % during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Rotary, Linear), Technology (Optical, Photoelectric, Magnetic, Others), Product Type (Non-Contacting, Contacting), Output (Digital, Analog), Size (31 mm - 70 mm, Less than 30 mm, 71 mm - 100 mm, More than 100 mm), Design (Hollow Shaft Encoders, Solid Shaft Encoders), End User (Industrial, Oil and Gas, Food and Beverage, Printing, Consumer Electronics, Textile, Medical, and Others)
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Countries Covered
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Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
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Market Players Covered
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Baumer (Switzerland), Hengstler GmbH (Germany), Renishaw plc. (U.K.), Hans Turck GmbH & Co. KG (Germany), OMRON Corporation (Japan), Rockwell Automation (U.S.), Dynapar (U.S.), ifm electronic gmbh (Germany), FAULHABER GROUP (Germany), Wachendorff Automation GmbH & Co. KG (Germany), SIKO GmbH (Germany), HEIDENHAIN (Germany), Sensata Technologies, Inc. (U.S.), YUEQING YUMO ELECTRIC CO.,LTD (China), POSIC SA. (Switzerland), Micronor Sensors (U.S.), Elmo Motion Control Ltd. (Israel), HONTKO CO., LTD. (Taiwan), FRABA B.V. (U.S.), Pepperl+Fuchs (Germany)
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Market Opportunities
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Market Definition
A feedback-generating sensor is referred to as an encoder. Encoders transform a signal's movement into an electrical signal that a counter can read, a programmable logic controller, or another control device in a motion control system. The feedback signal from the encoder can be used to determine position, count, speed, or direction. Using this data, a control device can transmit a command for a particular action.
Drivers
The market for encoders is expected to grow faster thanks to the increasing demand for velocity control, temperature control, position sensing, and volume control. These include consumer electronics, industrial machinery, robotics, elevators, and conveyor speed monitors, where motors are used with automated machinery and drives. The market's growth is significantly aided by the rise in the number of vehicles on the road and the rise in auto parts production. Encoders are being used more frequently in the production of cars because they provide the automated guided vehicle controller with data on acceleration, rotational position, and real-time speed. Due to the rapid development of automotive automation, encoder use is growing among automakers.
Their expanding use in the automotive industry is the primary factor driving up demand for rotary encoders. In the automotive sector, they are used for the throttle, steering, and gear positions. The use of these rotary encoders in the aerospace industry, where they are used for automation, is another factor that contributes to the market segment's growth. So, increasing rotary encoder demand is anticipated to fuel market expansion.
Opportunities
Industrial robotic applications would be one of the markets for encoders' many potential applications. Automation in numerous industries will eventually drive demand for robotics, which will also drive up demand for rotary angle sensors. Another dynamic industry where there are expected to be many opportunities and an increase in encoder demand over the forecast period is the electronic industry.
Magnetic encoder technology is a rapidly growing field. Bearing-less systems have experienced a significant shift in the market, allowing encoders to be mounted in places without practical mounting options. This is due to a lack of mounting spaces or free shaft ends. Magnetic orders are created using magnetic scales with different lengths, patterns, and tracks. Thus, the development of technology opens up new market opportunities.
Restraints/Challenges
Through the few fragile parts and potential complexity, encoders face several problems and limitations that limit their ability to withstand competition. Finding an optical encoder that could withstand higher temperatures would be difficult. Pollution has the potential to harm or even destroy optical encoders. Oil, dust, or dirt can make their fine-pitch scales, photodetectors, and LEDS non-functional. One of the biggest problems with encoders is their mechanical fragility.
Encoder accuracy is the discrepancy between the value the encoder reads and the actual physical value being measured. The inaccuracy may result from several different error sources. For instance, there may be variations in the line widths on the optical encoder disk. The encoder's pulses may have a small timing error as a result. Persistent errors can add to the workload and hurt the market for encoders.
This encoder market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the encoder market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
The encoder market is segmented on the basis of type, technology, product type, output, size, design, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Technology
Product Type
Output
Size
Design
End User
The encoder market is analysed and market size insights and trends are provided by country, type, technology, product type, output, size, design, and end user as referenced above.
The countries covered in the encoder market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and Rest of Europe in Europe
Germany has a dominant position in the market and will maintain this position throughout the forecast period. The major factors attributable for the dominance is the large no. of manufacturing units in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The encoder market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to encoder market.
Some of the major players operating in the encoder market are:
SKU-
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Europe Encoder Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Europe Encoder Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
The market is segmented based on , By Type (Rotary, Linear), Technology (Optical, Photoelectric, Magnetic, Others), Product Type (Non-Contacting, Contacting), Output (Digital, Analog), Size (31 mm - 70 mm, Less than 30 mm, 71 mm - 100 mm, More than 100 mm), Design (Hollow Shaft Encoders, Solid Shaft Encoders), End User (Industrial, Oil and Gas, Food and Beverage, Printing, Consumer Electronics, Textile, Medical, and Others) – Industry Trends and Forecast to 2030. .
The Europe Encoder Market size was valued at USD 530.43 USD million in 2022.
The Europe Encoder Market is projected to grow at a CAGR of 8.9% during the forecast period of 2023 to 2030.
The market report covers data from the Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
