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City of Industry, CA -- (SBWIRE) -- 07/13/2018 -- This report studies the global Optical Encoders industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.This report studies the Optical Encoders market, An optical encoder is a type of encoder that uses a sensor to identify position change as light passes through a patterned encoder wheel or disk.For many years, optical encoders have been the traditional choice for motion control. Optical encoders use line-of-sight sensing to create signals. It works when a light source splits into two 90-degree out-of-phase beams that pass through transparent, evenly spaced windows in a rotating optical disk.The revenue of optical encoders increases from 1122.27 million $ in 2012 to 1269 million $ in 2016, with an average growth rate of more than 2.63%.
In the world wide, North America, Europe and China are the major manufacturing regions. North America is the leader in optical encoders market, whose revenue is estimated to 39.88% production market share in 2016. Broadcom, BEI Sensors, Renishaw, Hengstler, Dynapar and Baumer Group are the global leading manufacturers of optical encoders.
Optical encoders downstream is wide and the main application fields are healthcare, machine tool, consumer electronics, assembly equipment and other. Globally, assembly equipment accounts for nearly 25.49% of total downstream consumption of optical encoders in global.According to the type, it can be divided into two kinds, incremental optical encoders and absolute optical encoders. Incremental optical encoders are the main product, capturing about 67.82% of global consumption of optical encoders in 2016.The global Optical Encoders market is valued at 1280 million USD in 2017 and is expected to reach 1580 million USD by the end of 2025, growing at a CAGR of 2.7% between 2018 and 2025.This research report categorizes the China and global Optical Encoders market by type, end-use industry, and region.
International Manufacturers Covered
China Local Manufacturers Covered
Honest Sensor Corporation
The study objectives of this report are: To analyze and study the ways and market feasibility to enter China market, for the international manufacturers manufacturing or selling products in China.To study and forecast the market size (volume and value) of Optical Encoders in China and global market.Focuses on the China local manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis, value and China market share for top local manufacturers.To analyze the international manufacturers, SWOT analysis, volume, value and global market share for top manufacturers.To define, describe and forecast the market by type, application and region.To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan and other Regions like Korea, Taiwan, India, Southeast Asia etc.
To analyze the China market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends and factors driving or inhibiting the market growth.To analyze the opportunities in the market for stakeholders by identifying the high growth segments.To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.In this study, the years considered to estimate the market size of Optical Encoders are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.Available Customizations With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:Regional and country-level analysis of the Optical Encoders market, by end-use.Detailed analysis and profiles of additional market players.
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