Press release
Linear Encoders Global Market Report: Growth, Market Size, Competition Status, Forecast 2024-2030
The global market for Linear Encoders was estimated to be worth US$ 1126 million in 2023 and is forecast to a readjusted size of US$ 1648 million by 2030 with a CAGR of 5.9% during the forecast period 2024-2030.
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https://www.qyresearch.com/reports/3341762/linear-encoders
Linear encoder is a sensor device used to measure the position and motion of an object, which is commonly used in industrial automation and robot control systems. Its main principle is to use internal sensors to monitor the position of the target object relative to the encoder and convert the position information into a digital signal output.
Principle of operation: A linear encoder usually consists of two main parts: the encoder head and the readhead. The encoder head is fixed to a moving object, while the readhead is relatively stationary and mounted in a fixed position. The encoder head contains a grating or magnetic stripe inside the encoder head, while the readhead contains sensors to detect changes in the grating or magnetic stripe. As the object moves, the grating or magnetic stripe changes relative to the readhead and the sensor converts these changes into a digital signal to indicate the position of the object.
According to the new market research report "Linear Encoders- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Linear Encoders market size is projected to reach USD 1.65 billion by 2030, at a CAGR of 6.2% during the forecast period.
Features:
High accuracy: Linear encoders are able to provide very high position measurement accuracy, typically on the scale of microns or even smaller. High speed: thanks to digital signal processing, linear encoders enable fast position detection and response for high-speed motion applications.
Reliability: Linear encoders typically have a long service life and stable performance, and are able to operate in harsh environments.
Non-contact: In contrast to traditional contact position sensors, linear encoders are non-contact measuring devices and therefore do not suffer from friction or wear and tear that can affect measurement accuracy.
Linear encoders play an important role in industrial applications, enabling position measurement with high accuracy, speed and reliability, thus providing key technical support for automated production and robot control.
According to QYResearch Top Players Research Center, the global key manufacturers of Linear Encoders include Heidenhain, Sick AG, Sensata Technologies, Renishaw, Pepperl+Fuchs, Celera Motion (Novanta), TR-Electronic, Balluff, Kübler Group, RSF Elektronik, etc. In 2023, the global top 10 players had a share approximately 66.0% in terms of revenue.
Product Type: Linear encoder product types mainly include incremental linear encoders and absolute linear encoders. Among them, incremental linear encoders are in high demand due to their cost-effectiveness and easy installation. currently Incremental Linear Encoders is the largest segment, hold a share of 60.2%.
In terms of product application, currently Machine Tools and CNC Machining is the largest segment, hold a share of 33.4%.
Main Applications:
Machine tools and machining equipment: linear encoders are commonly used in CNC machine tools and other machining equipment to accurately measure the position and motion trajectory of workpieces, thus realizing high-precision machining.
Robotic systems: In industrial robots and automation systems, linear encoders are used to determine the position of the robot's end-effector for precise motion control and path planning.
Manufacturing and assembly: Linear encoders are used to monitor the position of parts and assemblies on production lines to ensure accuracy and consistency in the assembly process.
Market growth driver:
Industrial automation: With the promotion of industrial automation and smart manufacturing, the application of linear encoders in machinery manufacturing and automation equipment will continue to grow.
Emerging markets: The Asia-Pacific region, especially China, Japan, South Korea, India and Southeast Asia, has great market potential and is expected to be an important driver of future market growth.
Industry Policies: National policies to support high-end manufacturing, such as Made in China 2025, will boost the linear encoder market.
Challenges: Challenges faced by the linear encoder market mainly include fierce price competition, challenges posed by technological upgrades, and the impact of global economic fluctuations on the industry.
Overall, the linear encoder market is promising and is expected to continue to grow steadily in the coming years as technology continues to advance and applications expand.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Linear Encoders market is segmented as below:
By Company
Heidenhain
Sick AG
Sensata Technologies
Renishaw
Pepperl+Fuchs
Celera Motion (Novanta)
TR-Electronic
Balluff
Kübler Group
RSF Elektronik
Fagor Automation
Changchun Yuheng Optics
Baumer
TOFI Sensing Technology
RLS d.o.o.
SIKO
Resson
Automation Sensorik Messtechnik
Changchun Rongde Optics
Givi Misure
Lika Electronic
Electronica Mechatronic Systems
GURLEY Precision Instruments
Segment by Type
Incremental Linear Encoders
Absolute Linear Encoders
Segment by Application
Machine Tools and CNC Machining
Robotics and Automated Manufacturing
Electronics Assembly and Semiconductor Manufacturing
Elevator
Others
Each chapter of the report provides detailed information for readers to further understand the Linear Encoders market:
Chapter 1: Introduces the report scope of the Linear Encoders report, global total market size (valve, volume and price). This chapter also provides 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. (2019-2030)
Chapter 2: Detailed analysis of Linear Encoders manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Linear Encoders 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. (2019-2030)
Chapter 4: 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.(2019-2030)
Chapter 5: Sales, revenue of Linear Encoders in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of Linear Encoders in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
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. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Linear Encoders competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Linear Encoders comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Linear Encoders market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global and China Linear Encoders Market Report & Forecast 2024-2030
Global Linear Encoders Market Insights, Forecast to 2030
Global Linear Encoders Market Research Report 2024
Global Linear Encoders Industry Research Report, Growth Trends and Competitive Analysis 2024-2030
Global Linear Encoders Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030
Linear Encoders - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Servo Linear Encoder Market Research Report 2024
Servo Linear Encoder- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global and United States Servo Linear Encoder Market Report & Forecast 2024-2030
Global Servo Linear Encoder Market Insights, Forecast to 2030
Global Sealed Linear Encoder Market Insights, Forecast to 2030
Global Sealed Linear Encoder Market Research Report 2024
Global and Japan Exposed Linear Encoder Market Report & Forecast 2024-2030
Exposed Linear Encoder- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Exposed Linear Encoder Market Insights, Forecast to 2030
Global Exposed Linear Encoder Market Research Report 2024
Global and China Optical Linear Encoders Market Report & Forecast 2024-2030
Optical Linear Encoders- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Optical Linear Encoders Market Insights, Forecast to 2030
Global Optical Linear Encoders Market Research Report 2024
Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting (data is widely cited in prospectuses, annual reports and presentations), industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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