Absolute Rotary Encoders Market

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 Market contains market size and forecasts of Absolute Rotary Encoders in global, including the following market information:

Global Absolute Rotary Encoders Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Absolute Rotary Encoders Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Absolute Rotary Encoders companies in 2021 (%)

The global Absolute Rotary Encoders market was valued at 1517.9 million in 2021 and is projected to reach US$ 2013 million by 2028, at a CAGR of 4.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Multi-Turn Encoders Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Absolute Rotary Encoders include Heidenhain, Tamagawa, Nemicon, P+F, TR Electronic, Baumer, Kuebler, Danaher and Omron, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Absolute Rotary 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 Absolute Rotary Encoders Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Absolute Rotary Encoders Market Segment Percentages, by Type, 2021 (%)

Multi-Turn Encoders

Single-Turn Encoders

Global Absolute Rotary Encoders Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Absolute Rotary Encoders Market Segment Percentages, by Application, 2021 (%)

Healthcare

Machine Tool

Consumer Electronics

Assembly Equipment

Others

Global Absolute Rotary Encoders Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Absolute Rotary Encoders Market Segment Percentages, By Region and Country, 2021 (%)

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 Absolute Rotary Encoders revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Absolute Rotary Encoders revenues share in global market, 2021 (%)

Key companies Absolute Rotary Encoders sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Absolute Rotary Encoders sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Heidenhain

Tamagawa

Nemicon

P+F

TR Electronic

Baumer

Kuebler

Danaher

Omron

Koyo

Sensata(BEI)

Sick

Yuheng Optics

ELCO

Wuxi CREATE

Roundss

Sanfeng

Shanghai HOUDE