Global Absolute Rotary Encoders market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.
Los Angeles, CA -- (SBWIRE) -- 04/11/2019 -- A rotary encoder, also called a shaft encoder, is an electro-mechanical device that converts the angular position or motion of a shaft or axle to an analog or digital code.
Absolute Rotary Encoders industry is relatively fragmented with fierce competition. Heidenhain is the world leading manufacturer in global Absolute Rotary Encoders market with the market share of 18.16%, in terms of revenue, followed by Tamagawa, Nemicon, P+F, TR Electronic, Baumer, Kuebler, Danaher(Hengstler), Omron, Koyo, BEI, Sick, Yuheng Optics, ELCO, Wuxi CREATE, Roundss, Sanfeng and Shanghai HOUDE. The top 18 listed companies accounted for 86% of the revenue market share in 2017.
North America, Europe and Asia Pacific are the largest consumption regions, occupied about 95% of market share, in terms of volume. More than 38.16% of Absolute Rotary Encoders products were put into the Europe market. And Europe market is expected to keep being the biggest market with market share of 35.68% in 2023.
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The global Absolute Rotary Encoders market was 1340 million US$ in 2018 and is expected to 1490 million US$ by the end of 2025, growing at a CAGR of 1.5% between 2019 and 2025.
This report studies the Absolute Rotary Encoders market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Absolute Rotary Encoders in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
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