About Industrial Encoder
Encoders are sensors that can capture position information of various pieces of equipment and relay the data to other devices. Industrial encoders can determine the position, velocity, and direction of a mechanical equipment or motion and assist in the precise control of industrial applications. By type, industrial encoders can be divided into rotary encoders and linear encoders. The rotary encoder reads the angle of an object in a circular motion, while the linear encoder detects the position of an object through linear motion.
Technavio’s analysts forecast the global industrial encoder market to grow at a CAGR of 11.13% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial encoder market for 2017-2021. To calculate the market size, the report considers new installations, sales, replacement, retrofit and services market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Industrial Encoder Market 2017-2021
Technavio recognizes the following companies as the key players in the global industrial encoder market: Baumer, BEI Sensors, Dynapar, OMRON, and Rockwell Automation.
Other Prominent Vendors in the market are: FAULHABER, HEIDENHAIN, Hengstler, Ifm, maxon motor, Pepperl+Fuchs, Pilz, Renishaw, SIKO, and TURCK.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is displaying the status of a system through LED. Encoders have an in-built LED that indicates the exact status of the equipment on which they are mounted. This LED displays alignment, quality, limit detection, and alarm. There are four lights through which the encoders show the status of any equipment.”
According to the report, one driver in the market is increased use of advanced technology equipment in industries. Industries across the world have become extremely competitive. Several regional vendors, internationally well-established vendors, and new start-ups have made this competition stronger. In such conditions, the industries require high-end technology equipment to gain a competitive edge over the other players in the market. For enabling this, every day the changing technology makes different players to choose the best equipment in accordance with their requirements.
Further, the report states that one challenge in the market is contamination of encoders. Encoders are ideal for use in all types of environments, whether the environment is normal or harsh. The materials used for making industrial encoders are extremely prone to corrosion as they are deployed in different humid and dust-related operations. For example, in automotive industries, the automobiles are washed with water, the painting is done on the automobiles, and services are provided to the already manufactured automobiles.
Baumer, BEI Sensors, Dynapar, OMRON, and Rockwell Automation.FAULHABER, HEIDENHAIN, Hengstler, Ifm, maxon motor, Pepperl+Fuchs, Pilz, Renishaw, SIKO, and TURCK.
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