Global Position Encoders Market Growth 2024-2030

Global Position Encoders Market Growth 2024-2030

The global Position Encoders market size is projected to grow from US$ 1699.5 million in 2023 to US$ 2322.8 million in 2030; it is expected to grow at a CAGR of 4.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Position Encoders Industry Forecast” looks at past sales and reviews total world Position Encoders sales in 2023, providing a comprehensive analysis by region and market sector of projected Position Encoders sales for 2024 through 2030. With Position Encoders sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Position Encoders industry.

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

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

United States market for Position Encoders 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 Position Encoders 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 Position Encoders is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Position Encoders players cover Dynapar, Renishaw, Broadcom, BEI Sensors and Hengstler, 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 Position Encoders market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Angular Encoders
Rotary Encoders
Linear Encoders

Segmentation by application
Machine Tool
Servo Motor
Metal Forming & Fabrication
Material Handling
Measurement and Control 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.
Dynapar
Renishaw
Broadcom
BEI Sensors
Hengstler
Baumer Group
Tokyo Sokuteikizai
CTS
Allied Motion
EPC
US Digital
CUI
Omron
Heidenhain
Bourns
Grayhill
Gurley
Honeywell
Honest Sensor Corporation
HONTKO
Yuheng Optics
ASM En
OMEGA Engineering

Key Questions Addressed in this Report

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

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

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

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

How does Position Encoders break out type, application?

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