Global Absolute Single-Turn Encoder Market Growth 2024-2030
Absolute single-turn encoders are sensors that measure the angular position of a rotating shaft or component within a single revolution, providing a unique and specific position value for every point in that 360-degree rotation. Unlike incremental encoders, which only provide information about changes in position, absolute encoders give an absolute positional value, ensuring that the exact position is known at all times, even after power loss or system interruptions.
The global Absolute Single-Turn Encoder market size is projected to grow from US$ 360 million in 2024 to US$ 508 million in 2030; it is expected to grow at a CAGR of 5.9% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Absolute Single-Turn Encoder Industry Forecast” looks at past sales and reviews total world Absolute Single-Turn Encoder sales in 2023, providing a comprehensive analysis by region and market sector of projected Absolute Single-Turn Encoder sales for 2024 through 2030. With Absolute Single-Turn Encoder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Absolute Single-Turn Encoder industry.
This Insight Report provides a comprehensive analysis of the global Absolute Single-Turn 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 Single-Turn Encoder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Absolute Single-Turn Encoder market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Absolute Single-Turn 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 Single-Turn Encoder.
United States market for Absolute Single-Turn Encoder is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Absolute Single-Turn Encoder is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Absolute Single-Turn Encoder is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Absolute Single-Turn Encoder players cover Heidenhain, Tamagawa, Nemicon, P+F, TR Electronic, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Absolute Single-Turn Encoder market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Optical Absolute Single-Turn Encoders
Magnetic Absolute Single-Turn Encoders
Inductive Absolute Single-Turn Encoders
Others
Segmentation by Application:
Healthcare
Machine Tool
Consumer Electronics
Assembly Equipment
Others
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 analysing the company's coverage, product portfolio, its market penetration.
Heidenhain
Tamagawa
Nemicon
P+F
TR Electronic
Baumer
Kuebler
Danaher
Omron
Koyo
Sensata(BEI)
Sick
Yuheng Optics
ELCO
Wuxi CREATE
Roundss
Sanfeng
Shanghai HOUDE
Key Questions Addressed in this Report
What is the 10-year outlook for the global Absolute Single-Turn Encoder market?
What factors are driving Absolute Single-Turn Encoder market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Absolute Single-Turn Encoder market opportunities vary by end market size?
How does Absolute Single-Turn Encoder break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.