Optical Encoder Market (Updated Version Available)

An optical encoder is an electromechanical device with mechanical input and electrical output. It provides multiple digital signals proportional to angular displacement of the input shaft. Optical encoders are commonly used in motion control systems to control and monitor speed, position, count and direction of components and machinery and equipment where it is installed. Optical encoder operation has no effect on the magnetic field and can be used in both stable, and unstable environments.
According to our research and analysis, manufacturers from North America and Europe are the major leaders in the international market of optical encoders. North America is the largest production and consumption region. In 2017, the North America production of optical encoders is 4325 K Units and consumption is about 4060 K Units, accounting for about 37.87% of global consumption. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price. Owning to lower production costs, many optical encoders giants have set up factories in China.
In 2020, the market size of Optical Encoder is 1280 million US$ and it will reach 1510 million US$ in 2025, growing at a CAGR of 2.1% from 2020; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2019 has been considered as the base year and 2020 to 2025 as the forecast period to estimate the market size for Optical Encoder.

This report studies the global market size of Optical Encoder, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Optical Encoder production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2020, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2020.

In global market, the following companies are covered:
Broadcom
BEI Sensors
Renishaw
Hengstler
Dynapar
Baumer Group
Tokyo Sokuteikizai
CTS
Allied Motion
EPC
US Digital
CUI
Omron
Heidenhain
Bourns
Grayhill
Gurley
Honeywell
Honest Sensor Corporation
HONTKO
Yuheng Optics

Market Segment by Product Type
Incremental Encoders
Absolute Encoders

Market Segment by Application
Healthcare
Machine tool
Consumer Electronics
Assembly equipment
Other

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

The study objectives are:
To analyze and research the Optical Encoder status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Optical Encoder manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of Optical Encoder are as follows:
History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2025