Global Optical Encoder ICs Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Optical Encoder ICs market size was valued at USD 230.5 million in 2023 and is forecast to a readjusted size of USD 353.9 million by 2030 with a CAGR of 6.3% during review period.
Optical encoders have been the popular choice in the motion control market for many years. They are comprised of an LED light source (typically infrared) and photodetectors placed on opposite sides of an encoder disk. This disk is constructed of plastic or glass and contains a series of alternating transparent and opaque lines or slots. During the rotation of the disk, the LED light path is interrupted by the alternating lines or slots on the disk, which in turn produces the typical square wave A & B quadrature pulses used to determine shaft rotation and speed.
Global major companies profiled in the Optical Encoder Ics market include Broadcom, New Japan Radio, etc. Global top two companies account for nearly 50% of the market share.
In terms of consumption region, the market for Optical Encoder ICs divided into five geographic regions: In Europe, total Encoder IC accounted for about 25%. In North America, total Encoder IC accounted for over 30%. The Encoder IC market in Asia-Pacific accounted for over 30%.
Among the key type segments, Reflective Type Optical Encoder ICs segment accounted for the leading share in the market and is projected to dominate the market over the estimated period. And based on application, the world's largest application of Optical Encoder ICs is in Industrial Automation, accounted for over 25%, followed by Motors manufacturing with over 20 percent.
The Global Info Research report includes an overview of the development of the Optical Encoder ICs industry chain, the market status of Healthcare Equipment (Incremental Encoders ICs, Absolute Encoders ICs), Industrial Equipment (Incremental Encoders ICs, Absolute Encoders ICs), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Optical Encoder ICs.
Regionally, the report analyzes the Optical Encoder ICs markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Optical Encoder ICs market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Optical Encoder ICs market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Optical Encoder ICs industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Incremental Encoders ICs, Absolute Encoders ICs).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Optical Encoder ICs market.
Regional Analysis: The report involves examining the Optical Encoder ICs market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Optical Encoder ICs market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Optical Encoder ICs:
Company Analysis: Report covers individual Optical Encoder ICs manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Optical Encoder ICs This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Healthcare Equipment, Industrial Equipment).
Technology Analysis: Report covers specific technologies relevant to Optical Encoder ICs. It assesses the current state, advancements, and potential future developments in Optical Encoder ICs areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Optical Encoder ICs market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Optical Encoder ICs market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Incremental Encoders ICs
Absolute Encoders ICs
Market segment by Application
Healthcare Equipment
Industrial Equipment
Office Equipment and Household Appliances
Assembly Robots and Autonomous Vehicles
Others
Major players covered
Broadcom
New Japan Radio
IC-Haus
SEIKO NPC
PREMA Semiconductor
Hamamatsu
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Optical Encoder ICs product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Optical Encoder ICs, with price, sales, revenue and global market share of Optical Encoder ICs from 2019 to 2024.
Chapter 3, the Optical Encoder ICs competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Optical Encoder ICs breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Optical Encoder ICs market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Optical Encoder ICs.
Chapter 14 and 15, to describe Optical Encoder ICs sales channel, distributors, customers, research findings and conclusion.