Global Absolute Angle Encoder Market Growth 2023-2029

Global Absolute Angle Encoder Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Absolute Angle Encoder Industry Forecast” looks at past sales and reviews total world Absolute Angle Encoder sales in 2022, providing a comprehensive analysis by region and market sector of projected Absolute Angle Encoder sales for 2023 through 2029. With Absolute Angle Encoder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Absolute Angle Encoder industry.

This Insight Report provides a comprehensive analysis of the global Absolute Angle Encoder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Absolute Angle Encoder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Absolute Angle Encoder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Absolute Angle Encoder and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Absolute Angle Encoder.

The global Absolute Angle Encoder market size is projected to grow from US$ 423.6 million in 2022 to US$ 574.9 million in 2029; it is expected to grow at a CAGR of 574.9 from 2023 to 2029.

China’s core angle encoder players include Heidenhain, Renishaw and Tamagawa Seiki etc. The top 5 companies hold a share about 56% in China. East China has the largest sales market share in China with a share about 42%, followed by South China with a share about 23%. In terms of product, photoelectric encoder is the largest segment, with a share about 49%. And in terms of application, the largest application is machine tool，with a share about 25%.

This report presents a comprehensive overview, market shares, and growth opportunities of Absolute Angle Encoder market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Single-turn Encoder
Multi-turn Encoder

Segmentation by application
Industrial
Optical

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Renishaw
TURCK
ASM Automation Sensorik Messtechnik
BOGEN Magnetics
Shanghai Sibo M&E
TSM SENSORS
ANTRAKS
ELCO Industry Automation
DR. JOHANNES HEIDENHAIN
ELGO Electronic
Magnopol
Broadcom
Micro-Hybrid Electronic

Key Questions Addressed in this Report

What is the 10-year outlook for the global Absolute Angle Encoder market?

What factors are driving Absolute Angle Encoder market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Absolute Angle Encoder market opportunities vary by end market size?

How does Absolute Angle Encoder break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.