Report cover image

Encoder Market

Publisher Coherent Market Insights
Published Jul 30, 2025
Length 163 Pages
SKU # CMI20302947

Description

Encoders are electromechanical devices that convert motion into electronic pulses to determine position, velocity, or angle. They are used extensively in industrial equipment, motor vehicles, robotics, and automation applications. Growth in industrial automation and adoption across various end use industries such as automotive, electronics, manufacturing, etc. is expected to drive the demand for encoders during the forecast period.

Market Dynamics

The global encoder market is driven by increasing industrial automation across various industries. Growing demand for industrial robots and automated machinery in the manufacturing sector is a key driver. Moreover, increasing electronics production and adoption of automation in the automotive industry is supporting the market growth. However, the availability of alternatives, such as resolvers and higher initial costs of encoders, are some factors restraining the market growth. Development of encoders with additional capabilities to measure multiple parameters is expected to create new opportunities during the forecast period.

Key Features of the Study
  • This report provides in depth analysis of the global encoder market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global encoder market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Baumer Group, Dynapar Corporation (Fortive Corporation), FAULHABER Drive Systems, HEIDENHAIN, Hengstler GMBH (Fortive Corporation), Honeywell International, Maxon Motor AG, Omron Corporation, Panasonic Corporation, Pepperl+Fuchs International, POSITAL FRABA Inc. (FRABA BV), Renishaw PLC, Rockwell Automation Inc., Schneider Electric, and Sensata Technologies.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up gradation, market expansion, and marketing tactics.
  • The global encoder market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global encoder market.
Market Segmentation
  • Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Rotary Encoder
  • Linear Encoder
  • Technology Insights (Revenue, USD Bn, 2020 - 2032)
  • Optical
  • Magnetic
  • Photoelectric
  • Others
  • End-use Industry Insights (Revenue, USD Bn, 2020 - 2032)
  • Automotive
  • Textile
  • Healthcare & Medical Devices
  • Industrial
  • Printing Machinery
  • Electronics
  • Others
  • Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa
  • GCC Countries
  • Israel
  • South Africa
  • Rest of Middle East & Africa
  • Key Players Insights
  • Baumer Group
  • Dynapar Corporation (Fortive Corporation)
  • FAULHABER Drive Systems
  • HEIDENHAIN
  • Hengstler GMBH (Fortive Corporation)
  • Honeywell International
  • Maxon Motor AG
  • Omron Corporation
  • Panasonic Corporation
  • Pepperl+Fuchs International
  • POSITAL FRABA Inc. (FRABA BV)
  • Renishaw PLC
  • Rockwell Automation Inc.
  • Schneider Electric
  • Sensata Technologies

Table of Contents

163 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Technology
Market Snippet, By End-use Industry
Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
4. Global Encoder Market, By Type, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Rotary Encoder
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Linear Encoder
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
5. Global Encoder Market, By Technology, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Optical
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Magnetic
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Photoelectric
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Others
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
6. Global Encoder Market, By End-use Industry, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Automotive
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Textile
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Healthcare & Medical Devices
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Industrial
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Printing Machinery
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Electronics
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
Others
Introduction
Market Size and Forecast, 2020–2032, (USD Bn)
7. Global Encoder Market, By Region, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
North America
Regional Trends
Market Size and Forecast, By Type, 2020–2032, (USD Bn)
Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
Market Size and Forecast, By End-use Industry, 2020–2032, (USD Bn)
Market Size and Forecast, By Country, 2020–2032, (USD Bn)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Type, 2020–2032, (USD Bn)
Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
Market Size and Forecast, By End-use Industry, 2020–2032, (USD Bn)
Market Size and Forecast, By Country, 2020–2032, (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Type, 2020–2032, (USD Bn)
Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
Market Size and Forecast, By End-use Industry, 2020–2032, (USD Bn)
Market Size and Forecast, By Country, 2020–2032, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Type, 2020–2032, (USD Bn)
Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
Market Size and Forecast, By End-use Industry, 2020–2032, (USD Bn)
Market Size and Forecast, By Country, 2020–2032, (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Type, 2020–2032, (USD Bn)
Market Size and Forecast, By Technology, 2020–2032, (USD Bn)
Market Size and Forecast, By End-use Industry, 2020–2032, (USD Bn)
Market Size and Forecast, By Country, 2020–2032, (USD Bn)
South Africa
Israel
GCC Countries
Rest of the Middle East &Africa
8. Competitive Landscape
Company Profiles
Baumer Group
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Dynapar Corporation (Fortive Corporation)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
FAULHABER Drive Systems
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
HEIDENHAIN
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Hengstler GMBH (Fortive Corporation)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Honeywell International
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Maxon Motor AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Omron Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Panasonic Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Pepperl+Fuchs International
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
POSITAL FRABA Inc. (FRABA BV)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Renishaw PLC
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Rockwell Automation Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Schneider Electric
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Sensata Technologies
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Research Methodology
References
Research Methodology
About us and Sales Contact

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us