Optical Encoder Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

Optical Encoder Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

Report Synopsis

Future Market Insights offers a 10-year forecast for the global optical encoder market between 2016 and 2026. The market is expected to register a CAGR of 8.7% and 19.9% in terms of value and volume respectively during the forecast period. The study demonstrates the market attractiveness, dynamics and trends in all seven regions, which influence the current nature and future status of the global optical encoder market over the forecast period.

Report Description

The research report provides a detailed analysis and identifies various factors driving demand for optical encoders across different verticals and industries globally. The report also analyses key industry drivers, restraints, market trends and market attractiveness of products across various regions, applications and industries. Key regions assessed in the report are North America, Latin America, Eastern Europe, Western Europe, Asia Pacific (excluding Japan), Japan and Middle East & Africa.

Some of the drivers identified in the market include rising adoption of advanced motion control systems in various sectors, including construction machinery, offshore equipment, military & aerospace equipment, automotive and alternative energy systems. Also, growing demand for improved automated controls for industrial applications to reduce costs and improve performance has been identified as one of the major factors driving growth of the global optical encoder market. Increasing demand for enhanced resolution and accuracy for optical and magnetic technologies and shift towards absolute encoders across various applications in the automotive sector are prominent trends associated with the global optical encoder market.

The report starts with an overview of the global optical encoder market in terms of market value and volume, key trends, drivers and restraints that are expected to influence the current and future growth of the global optical encoder market over the forecast period. The report studies market opportunities to understand changes in terms of technology, industry needs and demand and offers insights and forecast in this regard.

The global optical encoder market is segmented on the basis of configuration, output signal format, end user, application and region. The report provides detailed analyses of each of these segments in terms of market value, market volume, market trends and market attractiveness to understand present scenario and individual segment’s relative contributions to market growth during forecast period 2016–2026.

In the final section of the report, a competitive landscape of the market is included to present readers with a dashboard view based on revenue share, growth strategy, product offerings and recent developments in the global optical encoder market. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment. Key players covered in this report include GrayHill Inc., US Digital, Codechamp SA, Bourns Inc., Rockwell Automation Inc. (Allen-Bradley), Honeywell International Inc., Renishaw PLC, Allied Motion Technologies Inc., Sensata Technologies, Inc. (BEI Sensors) and Dynapar (Danaher Corporation).

Research Methodology

In order to evaluate optical encoder market size, revenue generated by optical encoder manufacturers has been taken into consideration. Market estimates have been analyzed keeping in mind various factors such as technological, environmental, economical, legal and social. In order to provide accurate market forecast statistics, the current market was sized as it forms the basis of the optical encoder market performance during the forecast period. Given the characteristics of the market, we triangulated the outcome of three different types of processes namely secondary research, primary research and data from paid database. Primary research represents the bulk of our research efforts, supplemented by extensive secondary research. Secondary research includes product literature of key players, annual reports, press releases and relevant documents, recent trade journals, related technical write-ups, Internet sources, trade associations, agencies and statistical data from government websites. This collated data from primary and secondary sources is then analyzed by the in-house research panel using market research statistical tools, which equates to the most appropriate methodology to provide a quality market research report.

Key Segments Covered:

By configuration
Incremental
Shafted
Hollow Shaft
Absolute Single Turn
Multi-turn
By Output signal format
Analog
Digital
By End User
IT & Telecommunication Industry
Public Sector
Manufacturing Industry
Automobile Industry
Space and Aviation Industry
Instrumentation, Test & Measurement Equipment Industry
Consumer Electronics Industry
Rest of Manufacturing Industry
Others
By Application
Healthcare Equipment
Assembly and Robotics Equipment
Consumer Electronics & Semiconductor Manufacturing Equipment
Metalworking Equipment
Test & Measurement Equipment
Communication System
Others

By Region
North America
U.S.
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Western Europe
Germany
France
U.K.
Spain
Italy
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
APEJ - Asia Pacific (excluding Japan)
China
India
Rest of APEJ
Japan
MEA - Middle East & Africa
North Africa
South Africa
GCC Countries
Rest of MEA


1. Executive Summary
2. Assumptions and Acronyms
3. Research Methodology
4. Optical Encoder Market Overview
4.1. Introduction
4.1.1. Optical Encoder Market Definition
4.1.2. Optical Encoder Market Taxonomy
4.2. Optical Encoder Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunity
4.2.4. Market Trends
5. Global Optical Encoder Market Forecast, 2016 - 2026
5.1. Market Value and Volume Forecast
5.1.1. Y-o-Y Growth Projections
5.1.2. Absolute $ Opportunity
5.2. Global Optical Encoder Market Snapshot (2015)
5.2.1. Market Overview By Region
5.2.2. Market Overview By Configuration
5.2.3. Market Overview By Application
5.2.4. Market Overview By Output Signal Format
5.2.5. Market Overview By End User
6. Global Optical Encoder Market Analysis, By Configuration
6.1. Introduction
6.1.1. Y-o-Y Growth Comparison, By Configuration
6.1.2. Market Share & Basis Point (BPS) Analysis, By Configuration
6.2. Market Forecast, By Configuration
6.2.1. Shafted
6.2.1.1. Absolute $ Opportunity
6.2.1.2. Market Value and Volume Forecast
6.2.2. Hollow Shaft
6.2.2.1. Absolute $ Opportunity
6.2.2.2. Market Value and Volume Forecast
6.2.3. Absolute Single Turn
6.2.3.1. Absolute $ Opportunity
6.2.3.2. Market Value and Volume Forecast
6.2.4. Multi-turn
6.2.4.1. Absolute $ Opportunity
6.2.4.2. Market Value and Volume Forecast
6.2.5. Incremental
6.2.5.1. Absolute $ Opportunity
6.2.5.2. Market Value and Volume Forecast
6.3. Market Attractiveness Analysis, By Configuration
6.4. Prominent Trends
7. Global Optical Encoder Market Analysis, By Output Signal Format
7.1. Introduction
7.1.1. Y-o-Y Growth Comparison, By Output Signal Format
7.1.2. Market Share & Basis Point (BPS) Analysis, By Output Signal Format
7.2. Market Forecast, By Output Signal Format
7.2.1. Analog
7.2.1.1. Absolute $ Opportunity
7.2.1.2. Market Value and Volume Forecast
7.2.2. Digital
7.2.2.1. Absolute $ Opportunity
7.2.2.2. Market Value and Volume Forecast
7.3. Market Attractiveness Analysis, By Output Signal Format
8. Global Optical Encoder Market Analysis, By End User
8.1. Introduction
8.1.1. Y-o-Y Growth Comparison, By End User
8.1.2. Market Share & Basis Point (BPS) Analysis, By End User
8.2. Market Forecast, By End User
8.2.1. Public Sector
8.2.1.1. Absolute $ Opportunity
8.2.1.2. Market Value and Volume Forecast
8.2.2. Manufacturing Industry
8.2.2.1. Absolute $ Opportunity
8.2.2.2. Market Value and Volume Forecast
8.2.2.3. Space and Aviation Industry
8.2.2.4. Consumer Electronics Industry
8.2.2.5. Instrumentation, Test and Measurement Equipment Industry
8.2.2.6. Automobile Industry
8.2.2.7. Rest of Manufacturing Industry
8.2.3. IT and Telecommunication Industry
8.2.3.1. Absolute $ Opportunity
8.2.3.2. Market Value and Volume Forecast
8.2.4. Others
8.2.4.1. Absolute $ Opportunity
8.2.4.2. Market Value and Volume Forecast
8.3. Market Attractiveness Analysis, By End User
8.4. Prominent Trends
9. Global Optical Encoder Market Analysis, By Application
9.1. Introduction
9.1.1. Y-o-Y Growth Comparison, By Application
9.1.2. Market Share & Basis Point (BPS) Analysis, By Application
9.2. Market Forecast, By Application
9.2.1. Healthcare Equipment
9.2.1.1. Absolute $ Opportunity
9.2.1.2. Market Value and Volume Forecast
9.2.2. Metalworking Equipment
9.2.2.1. Absolute $ Opportunity
9.2.2.2. Market Value and Volume Forecast
9.2.3. Consumer Electronics and Semiconductor Manufacturing Equipment
9.2.3.1. Absolute $ Opportunity
9.2.3.2. Market Value and Volume Forecast
9.2.4. Communication System
9.2.4.1. Absolute $ Opportunity
9.2.4.2. Market Value and Volume Forecast
9.2.5. Test and Measurement Equipment
9.2.5.1. Absolute $ Opportunity
9.2.5.2. Market Value and Volume Forecast
9.2.6. Assembly/Robotics Equipment
9.2.6.1. Absolute $ Opportunity
9.2.6.2. Market Value and Volume Forecast
9.2.7. Others
9.2.7.1. Absolute $ Opportunity
9.2.7.2. Market Value and Volume Forecast
9.3. Market Attractiveness Analysis, By Application
9.4. Prominent Trends
10. Global Optical Encoder Market Analysis, By Region
10.1. Introduction
10.1.1. Y-o-Y Growth Projections, By Region
10.1.2. Market Share & Basis Point (BPS) Analysis, By Region
10.2. Market Forecast, By Region
10.2.1. North America Market Value and Volume Forecast
10.2.2. Latin America Market Value and Volume Forecast
10.2.3. Western Europe Market Value and Volume Forecast
10.2.4. Eastern Europe Market Value and Volume Forecast
10.2.5. Asia Pacific Excluding Japan Market Value and Volume Forecast
10.2.6. Japan Market Value and Volume Forecast
10.2.7. Middle East and Africa Market Value and Volume Forecast
10.3. Regional Attractiveness Analysis
11. North America Optical Encoder Market Analysis
11.1. Introduction
11.1.1. Y-o-Y Growth Projections, By Country
11.1.2. Market Share & Basis Point (BPS) Analysis, By Country
11.2. North America Market Forecast
11.2.1. Market Value and Volume Forecast, By Country
11.2.1.1. U.S. Absolute $ Opportunity
11.2.1.2. Canada Absolute $ Opportunity
11.2.2. Market Value and Volume Forecast, By Configuration
11.2.2.1. Shafted
11.2.2.2. Hollow Shaft
11.2.2.3. Absolute Single Turn
11.2.2.4. Multi-turn
11.2.2.5. Incremental
11.2.3. Market Value and Volume Forecast, By Output Signal Format
11.2.3.1. Analog
11.2.3.2. Digital
11.2.4. Market Value and Volume Forecast, By End User
11.2.4.1. Public Sector
11.2.4.2. Manufacturing Industry
11.2.4.2.1. Space and Aviation Industry
11.2.4.2.2. Consumer Electronics Industry
11.2.4.2.3. Instrumentation, Test and Measurement Equipment Industry
11.2.4.2.4. Automobile Industry
11.2.4.2.5. Rest of Manufacturing Industry
11.2.4.3. IT and Telecommunication Industry
11.2.4.4. Others
11.2.5. Market Value and Volume Forecast, By Application
11.2.5.1. Healthcare Equipment
11.2.5.2. Metalworking Equipment
11.2.5.3. Consumer Electronics and Semiconductor Manufacturing Equipment
11.2.5.2. Communication System
11.2.5.5. Test and Measurement Equipment
11.2.5.6. Assembly/Robotics Equipment
11.2.5.7. Others
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Configuration
11.3.3. By Application
11.3.4. By Output Signal Format
11.3.5. By End User
11.4. Drivers & Restraints: Impact Analysis
12. Latin America Optical Encoder Market Analysis
12.1. Introduction
12.1.1. Y-o-Y Growth Projections, By Country
12.1.2. Market Share & Basis Point (BPS) Analysis, By Country
12.2. Latin America Market Forecast
12.2.1. Market Value and Volume Forecast, By Country
12.2.1.1. Brazil Absolute $ Opportunity
12.2.1.2. Mexico Absolute $ Opportunity
12.2.1.3. Rest of Latin America Absolute $ Opportunity
12.2.2. Market Value and Volume Forecast, By Configuration
12.2.2.1. Shafted
12.2.2.2. Hollow Shaft
12.2.2.3. Absolute Single Turn
12.2.2.4. Multi-turn
12.2.2.5. Incremental
12.2.3. Market Value and Volume Forecast, By Output Signal Format
12.2.3.1. Analog
12.2.3.2. Digital
12.2.4. Market Value and Volume Forecast, By End User
12.2.4.1. Public Sector
12.2.4.2. Manufacturing Industry
12.2.4.2.1. Space and Aviation Industry
12.2.4.2.2. Consumer Electronics Industry
12.2.4.2.3. Instrumentation, Test and Measurement Equipment Industry
12.2.4.2.4. Automobile Industry
12.2.4.2.5. Rest of Manufacturing Industry
12.2.4.3. IT and Telecommunication Industry
12.2.4.4. Others
12.2.5. Market Value and Volume Forecast, By Application
12.2.5.1. Healthcare Equipment
12.2.5.2. Metalworking Equipment
12.2.5.3. Consumer Electronics and Semiconductor Manufacturing Equipment
12.2.5.2. Communication System
12.2.5.5. Test and Measurement Equipment
12.2.5.6. Assembly/Robotics Equipment
12.2.5.7. Others
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Configuration
12.3.3. By Application
12.3.4. By Output Signal Format
12.3.5. By End User
12.4. Drivers & Restraints: Impact Analysis
13. Western Europe Optical Encoder Market Analysis
13.1. Introduction
13.1.1. Y-o-Y Growth Projections, By Country
13.1.2. Market Share & Basis Point (BPS) Analysis, By Country
13.2. Western Europe Market Forecast
13.2.1. Market Value and Volume Forecast, By Country
13.2.1.1. Germany Absolute $ Opportunity
13.2.1.2. France Absolute $ Opportunity
13.2.1.3. U.K. Absolute $ Opportunity
13.2.1.4. Spain Absolute $ Opportunity
13.2.1.5. Italy Absolute $ Opportunity
13.2.1.6. Rest of Western Europe Absolute $ Opportunity
13.2.2. Market Value and Volume Forecast, By Configuration
13.2.2.1. Shafted
13.2.2.2. Hollow Shaft
13.2.2.3. Absolute Single Turn
13.2.2.4. Multi-turn
13.2.2.5. Incremental
13.2.3. Market Value and Volume Forecast, By Output Signal Format
13.2.3.1. Analog
13.2.3.2. Digital
13.2.4. Market Value and Volume Forecast, By End User
13.2.4.1. Public Sector
13.2.4.2. Manufacturing Industry
13.2.4.2.1. Space and Aviation Industry
13.2.4.2.2. Consumer Electronics Industry
13.2.4.2.3. Instrumentation, Test and Measurement Equipment Industry
13.2.4.2.4. Automobile Industry
13.2.4.2.5. Rest of Manufacturing Industry
13.2.4.3. IT and Telecommunication Industry
13.2.4.4. Others
13.2.5. Market Value and Volume Forecast, By Application
13.2.5.1. Healthcare Equipment
13.2.5.2. Metalworking Equipment
13.2.5.3. Consumer Electronics and Semiconductor Manufacturing Equipment
13.2.5.4. Communication System
13.2.5.5. Test and Measurement Equipment
13.2.5.6. Assembly/Robotics Equipment
13.2.5.7. Others
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Configuration
13.3.3. By Application
13.3.4. By Output Signal Format
13.3.5. By End User
13.4. Drivers & Restraints: Impact Analysis
14. Eastern Europe Optical Encoder Market Analysis
14.1. Introduction
14.1.1. Y-o-Y Growth Projections, By Country
14.1.2. Market Share & Basis Point (BPS) Analysis, By Country
14.2. Eastern Europe Market Forecast
14.2.1. Market Value and Volume Forecast, By Country
12.4.1.1. Russia Absolute $ Opportunity
12.4.1.2. Poland Absolute $ Opportunity
12.4.1.3. Rest of Eastern Europe Absolute $ Opportunity
14.2.2. Market Value and Volume Forecast, By Configuration
14.2.2.1. Shafted
14.2.2.2. Hollow Shaft
14.2.2.3. Absolute Single Turn
14.2.2.4. Multi-turn
14.2.2.5. Incremental
14.2.3. Market Value and Volume Forecast, By Output Signal Format
14.2.3.1. Analog
14.2.3.2. Digital
14.2.4. Market Value and Volume Forecast, By End User
14.2.4.1. Public Sector
14.2.4.2. Manufacturing Industry
14.2.4.2.1. Space and Aviation Industry
14.2.4.2.2. Consumer Electronics Industry
14.2.4.2.3. Instrumentation, Test and Measurement Equipment Industry
14.2.4.2.4. Automobile Industry
14.2.4.2.5. Rest of Manufacturing Industry
14.2.4.3. IT and Telecommunication Industry
14.2.4.4. Others
14.2.5. Market Value and Volume Forecast, By Application
14.2.5.1. Healthcare Equipment
14.2.5.2. Metalworking Equipment
14.2.5.3. Consumer Electronics and Semiconductor Manufacturing Equipment
14.2.5.2. Communication System
14.2.5.5. Test and Measurement Equipment
14.2.5.6. Assembly/Robotics Equipment
14.2.5.7. Others
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Configuration
14.3.3. By Application
14.3.4. By Output Signal Format
14.3.5. By End User
14.4. Drivers & Restraints: Impact Analysis
15. Asia Pacific Excluding Japan Optical Encoder Market Analysis
15.1. Introduction
15.1.1. Y-o-Y Growth Projections, By Country
15.1.2. Market Share & Basis Point (BPS) Analysis, By Country
15.2. Asia Pacific Excluding Japan Market Forecast
15.2.1. Market Value and Volume Forecast, By Country
15.2.1.1. China Absolute $ Opportunity
15.2.1.2. India Absolute $ Opportunity
15.2.1.3. Australia and New Zealand Absolute $ Opportunity
15.2.1.4. Rest of APEJ Absolute $ Opportunity
15.2.2. Market Value and Volume Forecast, By Configuration
15.2.2.1. Shafted
15.2.2.2. Hollow Shaft
15.2.2.3. Absolute Single Turn
15.2.2.4. Multi-turn
15.2.2.5. Incremental
15.2.3. Market Value and Volume Forecast, By Output Signal Format
15.2.3.1. Analog
15.2.3.2. Digital
15.2.4. Market Value and Volume Forecast, By End User
15.2.4.1. Public Sector
15.2.4.2. Manufacturing Industry
15.2.4.2.1. Space and Aviation Industry
15.2.4.2.2. Consumer Electronics Industry
15.2.4.2.3. Instrumentation, Test and Measurement Equipment Industry
15.2.4.2.4. Automobile Industry
15.2.4.2.5. Rest of Manufacturing Industry
15.2.4.3. IT and Telecommunication Industry
15.2.4.4. Others
15.2.5. Market Value and Volume Forecast, By Application
15.2.5.1. Healthcare Equipment
15.2.5.2. Metalworking Equipment
15.2.5.3. Consumer Electronics and Semiconductor Manufacturing Equipment
15.2.5.2. Communication System
15.2.5.5. Test and Measurement Equipment
15.2.5.6. Assembly/Robotics Equipment
15.2.5.7. Others
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Configuration
15.5.3. By Application
15.5.2. By Output Signal Format
15.5.5. By End User
15.6. Drivers & Restraints: Impact Analysis
16. Japan Optical Encoder Market Analysis
16.1. Introduction
16.2. Japan Market Forecast
16.2.1. Market Value and Volume Forecast, By Configuration
16.2.1.1. Shafted
16.2.1.2. Hollow Shaft
16.2.1.3. Absolute Single Turn
16.2.1.4. Multi-turn
16.2.1.5. Incremental
16.2.2. Market Value and Volume Forecast, By Output Signal Format
16.2.2.1. Analog
16.2.2.2. Digital
16.2.3. Market Value and Volume Forecast, By End User
16.2.3.1. Public Sector
16.2.3.2. Manufacturing Industry
16.2.3.2.1. Space and Aviation Industry
16.2.3.2.2. Consumer Electronics Industry
16.2.3.2.3. Instrumentation, Test and Measurement Equipment Industry
16.2.3.2.4. Automobile Industry
16.2.3.2.5. Rest of Manufacturing Industry
16.2.3.3. IT and Telecommunication Industry
16.2.3.4. Others
16.2.4. Market Value and Volume Forecast, By Application
16.2.4.1. Healthcare Equipment
16.2.4.2. Metalworking Equipment
16.2.4.3. Consumer Electronics and Semiconductor Manufacturing Equipment
16.2.4.4. Communication System
16.2.4.5. Test and Measurement Equipment
16.2.4.6. Assembly/Robotics Equipment
16.2.4.7. Others
16.3. Market Attractiveness Analysis
16.3.1. By Configuration
16.3.2. By Application
16.3.3. By Output Signal Format
16.3.4. By End User
16.4. Drivers & Restraints: Impact Analysis
17. Middle East and Africa Optical Encoder Market Analysis
17.1. Introduction
17.1.1. Y-o-Y Growth Projections, By Country
17.1.2. Market Share & Basis Point (BPS) Analysis, By Country
17.2. Middle East and Africa Market Forecast
17.2.1. Market Value and Volume Forecast, By Country
17.2.1.1. North Africa Absolute $ Opportunity
17.2.1.2. South Africa Absolute $ Opportunity
17.2.1.3. GCC Countries Absolute $ Opportunity
17.2.1.4. Rest of MEA Absolute $ Opportunity
17.2.2. Market Value and Volume Forecast, By Configuration
17.2.2.1. Shafted
17.2.2.2. Hollow Shaft
17.2.2.3. Absolute Single Turn
17.2.2.4. Multi-turn
17.2.2.5. Incremental
17.2.3. Market Value and Volume Forecast, By Output Signal Format
17.2.3.1. Analog
17.2.3.2. Digital
17.2.4. Market Value and Volume Forecast, By End User
17.2.4.1. Public Sector
17.2.4.2. Manufacturing Industry
17.2.4.2.1. Space and Aviation Industry
17.2.4.2.2. Consumer Electronics Industry
17.2.4.2.3. Instrumentation, Test and Measurement Equipment Industry
17.2.4.2.4. Automobile Industry
17.2.4.2.5. Rest of Manufacturing Industry
17.2.4.3. IT and Telecommunication Industry
17.2.4.4. Others
17.2.5. Market Value and Volume Forecast, By Application
17.2.5.1. Healthcare Equipment
17.2.5.2. Metalworking Equipment
17.2.5.3. Consumer Electronics and Semiconductor Manufacturing Equipment
17.2.5.4. Communication System
17.2.5.5. Test and Measurement Equipment
17.2.5.6. Assembly/Robotics Equipment
17.2.5.7. Others
17.3. Market Attractiveness Analysis
17.3.1. By Country
17.3.2. By Configuration
17.3.3. By Application
17.3.4. By Output Signal Format
17.3.5. By End User
17.4. Drivers & Restraints: Impact Analysis
18. Competition Landscape
18.1. Competition Dashboard
18.2. Company Profile Inclusions
18.2.1. Copmany Overview/Revenue
18.2.2. Products Offerings
18.2.3. Key developments
18.2.4. Business Strategies
18.3. Company Profile
18.3.1. GrayHill Inc.
18.3.2. US Digital
18.3.3. Codechamp SA
18.3.4. Bourns Inc.
18.3.5. Rockwell Automation Inc. (Allen-Bradley)
18.3.6. Honeywell International Inc.
18.3.7. Renishaw PLC
18.3.8. Allied Motion Technologies Inc.
18.3.9. BEI Precision Systems & Space Company Inc.
18.3.10. Dynapar Corporation

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