Press release
Rotary Encoders Market to 2023 (8.9% CAGR Expected) Top Player Profiles – Heidenhain, Danaher, Tamagawa, Baumer, Nemicon, P+F, Kubler, Koyo, Omron, Leine & Linde, Sick, TR Electronic, BEI, Rep Avago and More
This report studies the Rotary Encoder 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.
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As international economic situation is complicated, in the next few years there will be many uncertainties. Due to economic development and the high Production of Rotary Encoders in the international market, the current demand for Rotary Encoders product is relatively stable in the mature market, such as North America and Europe, but the demand in China is relatively higher due to the downstream demand.
Rotary Encoders is mainly manufactured and sold by Heidenhain, Danaher, Tamagawa, Baumer and Nemicon; and these companies occupied about 55.08% market share in 2017.
Geographically, Europe is the largest sales market in the world, which took about 26.90% of the global sales volume in 2017 and share 36.11% of global total revenue.
This report presents a comprehensive overview, market shares, and growth opportunities of Rotary Encoders market by product type, application, key manufacturers and key regions.
To calculate the market size, the research study considers value and volume generated from the sales of the following segments. The segmentation by product type are Incremental Rotary Encoders and Absolute Rotary Encoders. Also, the segmentation by application are Elevator Industry, Machine Tool, Motor, Food & Packaging and others.
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 such as Heidenhain, Danaher, Tamagawa, Baumer, Nemicon, P+F, Kubler, Koyo, Omron, Leine & Linde, Sick, TR Electronic, BEI, Rep Avago and Yuheng Optics.
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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.
Related Report:
Global Heavy Duty Encoders Market by Manufacturers, Regions, Type and Application, Forecast to 2023
In the next several years, the development of global heavy duty encoder production may still low without special circumstances. The global heavy duty encoder production is expected to be 1143.6 K units in 2021.
The worldwide market for Heavy Duty Encoders is expected to grow at a CAGR of roughly 1.7% over the next five years, will reach 290 million US$ in 2023, from 260 million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers Leine & Linde, Danaher, BEI Sensor, Kubler, OMRON, Baumer, NSD, Pepperl+Fuchs, TR-Electronic, Hohner Automaticos, Encoder Products Company, Yuheng Optics, Lika Electronic and SCANCON.
Read More: https://www.researchbeam.com/global-heavy-duty-encoders-by-manufacturers-regions-type-and-application-forecast-to-2023-market?utm_source=RR-OPR&utm_medium=CC
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