Global Optical Encoders Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Optical Encoders Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

An optical encoder is a type of encoder that uses a sensor to identify position change as light passes through a patterned encoder wheel or disk.

According to our (Global Info Research) latest study, the global Optical Encoders market size was valued at US$ 13070 million in 2023 and is forecast to a readjusted size of USD 19010 million by 2030 with a CAGR of 5.6% during review period.

Global Optical Encoders key players include Broadcom, BEI Sensors, Renishaw, Baumer Group, etc. Global top four manufacturers hold a share nearly 25%.

North America is the largest market, with a share over 35%, followed by China, and Europe, both have a share about 40 percent.

In terms of product, Incremental Encoders is the largest segment, with a share over 65%. And in terms of application, the largest application is Machine Tool, followed by Assembly Equipment, Consumer Electronics, Healthcare, etc.

This report is a detailed and comprehensive analysis for global Optical Encoders market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Optical Encoders market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2019-2030

Global Optical Encoders market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2019-2030

Global Optical Encoders market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2019-2030

Global Optical Encoders market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Optical Encoders

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Optical Encoders market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Broadcom, BEI Sensors, Renishaw, Dynapar, Baumer Group, TAMAGAWA SEIKI Co.,Ltd, CTS, Allied Motion, EPC, US Digital, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Optical Encoders 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. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Incremental Encoders
Absolute Encoders

Market segment by Application
Healthcare
Machine Tool
Consumer Electronics
Assembly Equipment
Other

Major players covered
Broadcom
BEI Sensors
Renishaw
Dynapar
Baumer Group
TAMAGAWA SEIKI Co.,Ltd
CTS
Allied Motion
EPC
US Digital
CUI
OMRON Corporation
HEIDENHAIN
Bourns
Grayhill
Gurley Precision Instruments
HONEYWELL INTERNATIONAL INC
Graduate Honest Sensor Corp
HONTKO
Yuheng Optics Co., Ltd
Inovance Technology

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 Encoders product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Optical Encoders, with price, sales quantity, revenue, and global market share of Optical Encoders from 2019 to 2024.

Chapter 3, the Optical Encoders competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Optical Encoders 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 by Application, with sales market share and growth rate by Type, by 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 2019 to 2024.and Optical Encoders market forecast, by regions, by Type, and by 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 Encoders.

Chapter 14 and 15, to describe Optical Encoders sales channel, distributors, customers, research findings and conclusion.