This report studies the Encoder market status and forecast, categorizes the global Encoder market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and the Middle East & Africa).
The Encoder market is segmented in product, application, end-user, and region, which is being used by the top players and brands that are dominating the market by their calculated moves like product launches, researches, joint ventures, mergers, and acquisitions, and as the calculation of historic year and 2017 the base year 2018 shows that they are moving in the right direction.
This report also explains what the markets definition, classifications, applications, and engagements are, while explaining what the drivers and restraints are for the Encoder market which is derived from SWOT analysis.
The market is estimated to grow with a stable CAGR of 6.90% in the forecast period of 2019-2026. The report contains data from the historic year of 2017, and the base year of 2018. The growing need of SMT equipment is the major reason for the growth of this industry.
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Top Encoders Vendor Globally:
- Baumer Group
- BEI Sensors
- Omron Corporation
- Rockwell Corporation
- FAULHABER Group
- Hengstler GmbH
- Ifm Electronics
- maxon motor ag
- Pilz GmbH & Co. KG
- SIKO GmbH
- Hans Turck GmbH & Co. KG
Important Development in Market:
- In January 2019, WordCast systems launched market’s first RDS encoder with Audemat Encoder enabling the addition of RDS information directly into a fully digital chain. It enables the broadcaster to move into a fully digital environment because of its spectral purity and quality.
- In November 2018, Renishaw launched a Quantic Rotary Encoder system which uses a 40 µm-pitch ring scale called RESM40 which is available in a wide range of sizes. Advanced Diagnostic Tool and combination of wider tolerance increased the ease of the set- up.
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Segmentation: Global Encoder Market
- Rotatory Encoder
- Linear Encoder
- By End User Industry
- Texting & Printing Machinery
- North America
- South America
- Middle East
Global encoder market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of encoder market for global, Europe, North America, Asia Pacific and South America.
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