Global Linear Encoders Market Growth 2023-2029

Global Linear Encoders Market Growth 2023-2029

The encoder can be either incremental or absolute. Motion can be determined by change in position over time. Linear encoder technologies include optical, magnetic, inductive, capacitive and eddy current. Optical technologies include shadow, self-imaging and interferometric. Linear Encoders are used in metrology instruments, motion systems and high precision machining tools ranging from digital calipers and coordinate measuring machines to stages, CNC Mills, manufacturing gantry tables and semiconductor steppers.

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

This Insight Report provides a comprehensive analysis of the global Linear Encoders 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 Linear Encoders portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Linear Encoders market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Linear Encoders 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 Linear Encoders.

The global Linear Encoders market size is projected to grow from US$ 67 million in 2022 to US$ 130.3 million in 2029; it is expected to grow at a CAGR of 130.3 from 2023 to 2029.

Global Linear Encoders key players include NEWALL, RSF Elektronik, Lika Electronic, GURLEY Precision Instruments, Electronica Mechatronic Systems, etc. Global top five players hold a share about 25%.

Europe is the largest market, with a share about 25%, followed by North America and China, having a total share about 45 percent.

In terms of product, Incremental Linear Encoders is the largest segment, with a share about 80%. And in terms of application, the largest application is Measuring Instruments, followed by Motion Systems, Machine Tools, Elevator, etc.

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

Market Segmentation:

Segmentation by type

Incremental Linear Encoders

Absolute Linear Encoders

Segmentation by application

Machine Tools

Measuring Instruments

Motion Systems

Elevator

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.

NEWALL

RSF Elektronik

Lika Electronic

GURLEY Precision Instruments

Electronica Mechatronic Systems

Kubler

Fagor Automation

SIKO

GIVI MISURE

Leader Precision Instrument

Key Questions Addressed in this Report

What is the 10-year outlook for the global Linear Encoders market?

What factors are driving Linear Encoders market growth, globally and by region?

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

How do Linear Encoders market opportunities vary by end market size?

How does Linear Encoders 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.