Summary

Global Optical Encoder Market 2024-2028
The optical encoder market is forecasted to grow by USD 1564.6 mn during 2023-2028, accelerating at a CAGR of 14.76% during the forecast period. The report on the optical encoder market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for smt equipment, growing demand for material handling systems, and increasing demand from automotive industries.
Technavio's optical encoder market is segmented as below:
By Type
• Absolute encoder
• Incremental encoder
By End-user
• Machine tools manufacturers
• Assembly equipment manufacturers
• Consumer electronics and semiconductor equipment manufacturers
• Healthcare equipment manufacturers
• Others
By Geographical Landscape
• APAC
• Europe
• North America
• South America
• Middle East and Africa
This study identifies the increasing interest in using drones across numerous applications as one of the prime reasons driving the optical encoder market growth during the next few years. Also, increasing investments in autonomous cars and growth of industrial iot will lead to sizable demand in the market.
The report on the optical encoder market covers the following areas:
• Optical encoder market sizing
• Optical encoder market forecast
• Optical encoder market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading optical encoder market vendors that include Allied Motion Technologies Inc., Baumer Holding AG, Bourns Inc., Broadcom Inc., CODECHAMP SA, HEIDENHAIN, Fortive Corp., FRABA BV, Grayhill Inc., Gurley Precision Instruments Inc., HONEST SENSOR CORP., Honeywell International Inc., ifm electronic gmbh, Kempston Controls, MEGATRON Elektronik GmbH and Co. KG, Novanta Inc., OMRON Corp., Renishaw Plc, Rockwell Automation Inc., Sensata Technologies Inc., US Digital Corp., and Encoder Products Co.. Also, the optical encoder market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. For further information on this report, please visit - https://www.technavio.com/report/optical-encoder-market-industry-analysis
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

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Table of Contents

- 1 Executive Summary
o 1.1 Market overview
o Executive Summary - Chart on Market Overview
o Executive Summary - Data Table on Market Overview
o Executive Summary - Chart on Global Market Characteristics
o Executive Summary - Chart on Market By Geographical Landscape
o Executive Summary - Chart on Market Segmentation by Type
o Executive Summary - Chart on Market Segmentation by End-user
o Executive Summary - Chart on Incremental Growth
o Executive Summary - Data Table on Incremental Growth
o Executive Summary - Chart on Company Market Positioning
- 2 Market Landscape
o 2.1 Market ecosystem
o Parent Market
o Data Table on - Parent Market
o 2.2 Market characteristics
o Market characteristics analysis
o 2.3 Value chain analysis
o Value Chain Analysis
- 3 Market Sizing
o 3.1 Market definition
o Offerings of companies included in the market definition
o 3.2 Market segment analysis
o Market segments
o 3.3 Market size 2023
o 3.4 Market outlook: Forecast for 2023-2028
o Chart on Global - Market size and forecast 2023-2028 ($ million)
o Data Table on Global - Market size and forecast 2023-2028 ($ million)
o Chart on Global Market: Year-over-year growth 2023-2028 (%)
o Data Table on Global Market: Year-over-year growth 2023-2028 (%)
- 4 Historic Market Size
o 4.1 Global Optical Encoder Market 2018 - 2022
o Historic Market Size - Data Table on Global Optical Encoder Market 2018 - 2022 ($ million)
o 4.2 Type segment analysis 2018 - 2022
o Historic Market Size - Type Segment 2018 - 2022 ($ million)
o 4.3 End-user segment analysis 2018 - 2022
o Historic Market Size - End-user Segment 2018 - 2022 ($ million)
o 4.4 Geography segment analysis 2018 - 2022
o Historic Market Size - Geography Segment 2018 - 2022 ($ million)
o 4.5 Country segment analysis 2018 - 2022
o Historic Market Size - Country Segment 2018 - 2022 ($ million)
- 5 Five Forces Analysis
o 5.1 Five forces summary
o Five forces analysis - Comparison between 2023 and 2028
o 5.2 Bargaining power of buyers
o Bargaining power of buyers - Impact of key factors 2023 and 2028
o 5.3 Bargaining power of suppliers
o Bargaining power of suppliers - Impact of key factors in 2023 and 2028
o 5.4 Threat of new entrants
o Threat of new entrants - Impact of key factors in 2023 and 2028
o 5.5 Threat of substitutes
o Threat of substitutes - Impact of key factors in 2023 and 2028
o 5.6 Threat of rivalry
o Threat of rivalry - Impact of key factors in 2023 and 2028
o 5.7 Market condition
o Chart on Market condition - Five forces 2023 and 2028
- 6 Market Segmentation by Type
o 6.1 Market segments
o Chart on Type - Market share 2023-2028 (%)
o Data Table on Type - Market share 2023-2028 (%)
o 6.2 Comparison by Type
o Chart on Comparison by Type
o Data Table on Comparison by Type
o 6.3 Absolute encoder - Market size and forecast 2023-2028
o Chart on Absolute encoder - Market size and forecast 2023-2028 ($ million)
o Data Table on Absolute encoder - Market size and forecast 2023-2028 ($ million)
o Chart on Absolute encoder - Year-over-year growth 2023-2028 (%)
o Data Table on Absolute encoder - Year-over-year growth 2023-2028 (%)
o 6.4 Incremental encoder - Market size and forecast 2023-2028
o Chart on Incremental encoder - Market size and forecast 2023-2028 ($ million)
o Data Table on Incremental encoder - Market size and forecast 2023-2028 ($ million)
o Chart on Incremental encoder - Year-over-year growth 2023-2028 (%)
o Data Table on Incremental encoder - Year-over-year growth 2023-2028 (%)
o 6.5 Market opportunity by Type
o Market opportunity by Type ($ million)
o Data Table on Market opportunity by Type ($ million)
- 7 Market Segmentation by End-user
o 7.1 Market segments
o Chart on End-user - Market share 2023-2028 (%)
o Data Table on End-user - Market share 2023-2028 (%)
o 7.2 Comparison by End-user
o Chart on Comparison by End-user
o Data Table on Comparison by End-user
o 7.3 Machine tools manufacturers - Market size and forecast 2023-2028
o Chart on Machine tools manufacturers - Market size and forecast 2023-2028 ($ million)
o Data Table on Machine tools manufacturers - Market size and forecast 2023-2028 ($ million)
o Chart on Machine tools manufacturers - Year-over-year growth 2023-2028 (%)
o Data Table on Machine tools manufacturers - Year-over-year growth 2023-2028 (%)
o 7.4 Assembly equipment manufacturers - Market size and forecast 2023-2028
o Chart on Assembly equipment manufacturers - Market size and forecast 2023-2028 ($ million)
o Data Table on Assembly equipment manufacturers - Market size and forecast 2023-2028 ($ million)
o Chart on Assembly equipment manufacturers - Year-over-year growth 2023-2028 (%)
o Data Table on Assembly equipment manufacturers - Year-over-year growth 2023-2028 (%)
o 7.5 Consumer electronics and semiconductor equipment manufacturers - Market size and forecast 2023-2028
o Chart on Consumer electronics and semiconductor equipment manufacturers - Market size and forecast 2023-2028 ($ million)
o Data Table on Consumer electronics and semiconductor equipment manufacturers - Market size and forecast 2023-2028 ($ million)
o Chart on Consumer electronics and semiconductor equipment manufacturers - Year-over-year growth 2023-2028 (%)
o Data Table on Consumer electronics and semiconductor equipment manufacturers - Year-over-year growth 2023-2028 (%)
o 7.6 Healthcare equipment manufacturers - Market size and forecast 2023-2028
o Chart on Healthcare equipment manufacturers - Market size and forecast 2023-2028 ($ million)
o Data Table on Healthcare equipment manufacturers - Market size and forecast 2023-2028 ($ million)
o Chart on Healthcare equipment manufacturers - Year-over-year growth 2023-2028 (%)
o Data Table on Healthcare equipment manufacturers - Year-over-year growth 2023-2028 (%)
o 7.7 Others - Market size and forecast 2023-2028
o Chart on Others - Market size and forecast 2023-2028 ($ million)
o Data Table on Others - Market size and forecast 2023-2028 ($ million)
o Chart on Others - Year-over-year growth 2023-2028 (%)
o Data Table on Others - Year-over-year growth 2023-2028 (%)
o 7.8 Market opportunity by End-user
o Market opportunity by End-user ($ million)
o Data Table on Market opportunity by End-user ($ million)
- 8 Customer Landscape
o 8.1 Customer landscape overview
o Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 9 Geographic Landscape
o 9.1 Geographic segmentation
o Chart on Market share By Geographical Landscape 2023-2028 (%)
o Data Table on Market share By Geographical Landscape 2023-2028 (%)
o 9.2 Geographic comparison
o Chart on Geographic comparison
o Data Table on Geographic comparison
o 9.3 APAC - Market size and forecast 2023-2028
o Chart on APAC - Market size and forecast 2023-2028 ($ million)
o Data Table on APAC - Market size and forecast 2023-2028 ($ million)
o Chart on APAC - Year-over-year growth 2023-2028 (%)
o Data Table on APAC - Year-over-year growth 2023-2028 (%)
o 9.4 Europe - Market size and forecast 2023-2028
o Chart on Europe - Market size and forecast 2023-2028 ($ million)
o Data Table on Europe - Market size and forecast 2023-2028 ($ million)
o Chart on Europe - Year-over-year growth 2023-2028 (%)
o Data Table on Europe - Year-over-year growth 2023-2028 (%)
o 9.5 North America - Market size and forecast 2023-2028
o Chart on North America - Market size and forecast 2023-2028 ($ million)
o Data Table on North America - Market size and forecast 2023-2028 ($ million)
o Chart on North America - Year-over-year growth 2023-2028 (%)
o Data Table on North America - Year-over-year growth 2023-2028 (%)
o 9.6 South America - Market size and forecast 2023-2028
o Chart on South America - Market size and forecast 2023-2028 ($ million)
o Data Table on South America - Market size and forecast 2023-2028 ($ million)
o Chart on South America - Year-over-year growth 2023-2028 (%)
o Data Table on South America - Year-over-year growth 2023-2028 (%)
o 9.7 Middle East and Africa - Market size and forecast 2023-2028
o Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
o Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
o Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
o Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
o 9.8 China - Market size and forecast 2023-2028
o Chart on China - Market size and forecast 2023-2028 ($ million)
o Data Table on China - Market size and forecast 2023-2028 ($ million)
o Chart on China - Year-over-year growth 2023-2028 (%)
o Data Table on China - Year-over-year growth 2023-2028 (%)
o 9.9 US - Market size and forecast 2023-2028
o Chart on US - Market size and forecast 2023-2028 ($ million)
o Data Table on US - Market size and forecast 2023-2028 ($ million)
o Chart on US - Year-over-year growth 2023-2028 (%)
o Data Table on US - Year-over-year growth 2023-2028 (%)
o 9.10 Japan - Market size and forecast 2023-2028
o Chart on Japan - Market size and forecast 2023-2028 ($ million)
o Data Table on Japan - Market size and forecast 2023-2028 ($ million)
o Chart on Japan - Year-over-year growth 2023-2028 (%)
o Data Table on Japan - Year-over-year growth 2023-2028 (%)
o 9.11 Germany - Market size and forecast 2023-2028
o Chart on Germany - Market size and forecast 2023-2028 ($ million)
o Data Table on Germany - Market size and forecast 2023-2028 ($ million)
o Chart on Germany - Year-over-year growth 2023-2028 (%)
o Data Table on Germany - Year-over-year growth 2023-2028 (%)
o 9.12 South Korea - Market size and forecast 2023-2028
o Chart on South Korea - Market size and forecast 2023-2028 ($ million)
o Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
o Chart on South Korea - Year-over-year growth 2023-2028 (%)
o Data Table on South Korea - Year-over-year growth 2023-2028 (%)
o 9.13 Market opportunity By Geographical Landscape
o Market opportunity By Geographical Landscape ($ million)
o Data Tables on Market opportunity By Geographical Landscape ($ million)
- 10 Drivers, Challenges, and Opportunity/Restraints
o 10.1 Market drivers
o 10.2 Market challenges
o 10.3 Impact of drivers and challenges
o Impact of drivers and challenges in 2023 and 2028
o 10.4 Market opportunities/restraints
- 11 Competitive Landscape
o 11.1 Overview
o 11.2 Competitive Landscape
o Overview on criticality of inputs and factors of differentiation
o 11.3 Landscape disruption
o Overview on factors of disruption
o 11.4 Industry risks
o Impact of key risks on business
- 12 Competitive Analysis
o 12.1 Companies profiled
o Companies covered
o 12.2 Market positioning of companies
o Matrix on companies position and classification
o 12.3 Allied Motion Technologies Inc.
o Allied Motion Technologies Inc. - Overview
o Allied Motion Technologies Inc. - Product / Service
o Allied Motion Technologies Inc. - Key offerings
o 12.4 Baumer Holding AG
o Baumer Holding AG - Overview
o Baumer Holding AG - Product / Service
o Baumer Holding AG - Key offerings
o 12.5 Bourns Inc.
o Bourns Inc. - Overview
o Bourns Inc. - Product / Service
o Bourns Inc. - Key offerings
o 12.6 Broadcom Inc.
o Broadcom Inc. - Overview
o Broadcom Inc. - Business segments
o Broadcom Inc. - Key news
o Broadcom Inc. - Key offerings
o Broadcom Inc. - Segment focus
o 12.7 CODECHAMP SA
o CODECHAMP SA - Overview
o CODECHAMP SA - Product / Service
o CODECHAMP SA - Key offerings
o 12.8 Fortive Corp.
o Fortive Corp. - Overview
o Fortive Corp. - Business segments
o Fortive Corp. - Key news
o Fortive Corp. - Key offerings
o Fortive Corp. - Segment focus
o 12.9 Grayhill Inc.
o Grayhill Inc. - Overview
o Grayhill Inc. - Product / Service
o Grayhill Inc. - Key offerings
o 12.10 Gurley Precision Instruments Inc.
o Gurley Precision Instruments Inc. - Overview
o Gurley Precision Instruments Inc. - Product / Service
o Gurley Precision Instruments Inc. - Key offerings
o 12.11 Novanta Inc.
o Novanta Inc. - Overview
o Novanta Inc. - Business segments
o Novanta Inc. - Key news
o Novanta Inc. - Key offerings
o Novanta Inc. - Segment focus
o 12.12 Sensata Technologies Inc.
o Sensata Technologies Inc. - Overview
o Sensata Technologies Inc. - Business segments
o Sensata Technologies Inc. - Key news
o Sensata Technologies Inc. - Key offerings
o Sensata Technologies Inc. - Segment focus
- 13 Appendix
o 13.1 Scope of the report
o 13.2 Inclusions and exclusions checklist
o Inclusions checklist
o Exclusions checklist
o 13.3 Currency conversion rates for US$
o Currency conversion rates for US$
o 13.4 Research methodology
o Research methodology
o 13.5 Data procurement
o Information sources
o 13.6 Data validation
o Data validation
o 13.7 Validation techniques employed for market sizing
o Validation techniques employed for market sizing
o 13.8 Data synthesis
o Data synthesis
o 13.9 360 degree market analysis
o 360 degree market analysis
o 13.10 List of abbreviations
o List of abbreviations