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Absolute Rotary Encoders Market: Competitive Dynamics & Global Outlook 2024– Top Key players like– Top Key players like Heidenhain,Tamagawa,Nemicon,Inc.
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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.
Absolute Rotary Encoders industry is relatively fragmented with fierce competition. Heidenhain is the world leading manufacturer in global Absolute Rotary Encoders market with the market share of 18.16%, in terms of revenue, followed by Tamagawa, Nemicon, P+F, TR Electronic, Baumer, Kuebler, Danaher(Hengstler), Omron, Koyo, BEI, Sick, Yuheng Optics, ELCO, Wuxi CREATE, Roundss, Sanfeng and Shanghai HOUDE. The top 18 listed companies accounted for 86% of the revenue market share in 2017.
North America, Europe and Asia Pacific are the largest consumption regions, occupied about 95% of market share, in terms of volume. More than 38.16% of Absolute Rotary Encoders products were put into the Europe market. And Europe market is expected to keep being the biggest market with market share of 35.68% in 2023.
According to this study, over the next five years the Absolute Rotary Encoders market will register a 1.2% CAGR in terms of revenue, the global market size will reach US$ 1420 million by 2024, from US$ 1340 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Absolute Rotary Encoders business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Heidenhain
Tamagawa
Nemicon
P+F
TR Electronic
Baumer
Kuebler
Danaher(Hengstler)
Omron
Koyo
BEI
Sick
Yuheng Optics
ELCO
Wuxi CREATE
Roundss
Sanfeng
Shanghai HOUDE
Market Segment by Type, covers
Multi-Turn
Single-Turn
Market Segment by Applications, can be divided into
Healthcare
Machine Tool
Consumer Electronics
Assembly Equipment
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Related Information:
North America Absolute Rotary Encoders Market Growth 2019-2024
United States Absolute Rotary Encoders Market Growth 2019-2024
Asia-Pacific Absolute Rotary Encoders Market Growth 2019-2024
Europe Absolute Rotary Encoders Market Growth 2019-2024
EMEA Absolute Rotary Encoders Market Growth 2019-2024
Global Absolute Rotary Encoders Market Growth 2019-2024
China Absolute Rotary Encoders Market Growth 2019-2024
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