Global Encoder IC Market Growth 2023-2029

Global Encoder IC Market Growth 2023-2029

An encoder is a sensing device that provides feedback. Encoders convert motion to an electrical signal that can be read by some type of control device in a motion control system, such as a counter or PLC. The encoder sends a feedback signal that can be used to determine position, count, speed, or direction. A control device can use this information to send a command for a particular function. This report studies the encoder IC market.
LPI (LP Information)' newest research report, the “Encoder IC Industry Forecast” looks at past sales and reviews total world Encoder IC sales in 2022, providing a comprehensive analysis by region and market sector of projected Encoder IC sales for 2023 through 2029. With Encoder IC sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Encoder IC industry.
This Insight Report provides a comprehensive analysis of the global Encoder IC 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 Encoder IC portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Encoder IC market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Encoder IC 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 Encoder IC.
The global Encoder IC market size is projected to grow from US$ 437 million in 2022 to US$ 662.3 million in 2029; it is expected to grow at a CAGR of 662.3 from 2023 to 2029.
Globally, the main manufacturers of Encoder IC include AMS，Broadcom and New Japan Radio，etc. Among them, AMS has the largest market share of over 20%. Europe and Asia-Pacific are main markets ,both hold a share over 30%.
This report presents a comprehensive overview, market shares, and growth opportunities of Encoder IC market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Magnetic Encoder IC
Optical Encoder IC
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 analyzing the company's coverage, product portfolio, its market penetration.
Broadcom
AMS
New Japan Radio
TE Connectivity
IC-Haus
SEIKO NPC
RLS
PREMA Semiconductor
Hamamatsu

Key Questions Addressed in this Report
What is the 10-year outlook for the global Encoder IC market?
What factors are driving Encoder IC market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Encoder IC market opportunities vary by end market size?
How does Encoder IC 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.