The global Absolute Rotary Encoders market was valued at 1371.32 Million USD in 2021 and will grow with a CAGR of 4.2% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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. There are two main types: absolute and incremental (relative).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 18.44%, in terms of revenue, followed by Tamagawa, Nemicon, P+F, Baumer etc. The Top 5 listed companies accounted for 54.60% of the revenue market share in 2019. North America, Europe and Asia Pacific are the largest consumption regions, occupied about 96% of market share, in terms of volume, among which about 36.67% of Absolute Rotary Encoders products were put into the Europe market.

By Market Verdors:

Heidenhain

Tamagawa

Nemicon

P+F

TR Electronic

Baumer

Kuebler

Danaher

Omron

Koyo

Sensata(BEI)

Sick

Yuheng Optics

ELCO

Wuxi CREATE

Roundss

Sanfeng

Shanghai HOUDE

By Types:

Multi-Turn Encoders

Single-Turn Encoders

By Applications:

Healthcare

Machine Tool

Consumer Electronics

Assembly Equipment

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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