Optical Encoder Market
Market Insights on Optical Encoder covering sales outlook, demand forecast & up-to-date key trends
Optical Encoder Market By Configuration (Shafted Optical Encoder, Hollow-Shaft Optical Encoder, Absolute Optical Encoder, Multi-turn Optical Encoder), Output Signal Format (Analog, Digital) & Region - Forecast 2022 - 2029
Optical Encoder Market Overview
[300 Pages Report] The optical encoder market revenue totaled ~US$ 2,333.4 Mn in 2021. The optical encoder market is projected to reach ~US$ 4,851.9 Mn by 2029, growing at a CAGR of 9.7% for 2022 – 29. Optical encoder market is nearly 45.0% of encoders market.
|
2022 Market Value |
US$ 2,536.8 Mn |
|
2029 Market Value |
US$ 4,851.9 Mn |
|
CAGR% (2022-2029) |
9.7% |
|
Share of Top 5 Players |
22% |
The optical encoder market growth will continue to accelerate due to the continuous developments in optical technologies. The growth of optical encoder market is driven by factors such as increasing use of advanced signal processing algorithm, growing need for condition monitoring in the automation industry, rapid adoption of absolute optical encoders and shafted optical encoders in robotics.
Moreover, increasing demand for excellent assertion in Surface Mount Technology (SMT) placement processes and growing adoption of advanced motion control systems, would also drive the demand for optical encoders.
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How The Market Progressed Till June 2022?
|
Market Statistics |
Details |
|
H1,2021 (A) |
8.2% |
|
H1,2022 Projected (P) |
8.7% |
|
H1,2022 Outlook (O) |
8.5% |
|
BPS Change : H1,2022 (O) - H1,2022 (P) |
(-) 20 ↓ |
|
BPS Change : H1,2022 (O) - H1,2021 (A) |
(+) 30 ↑ |
As per FMI analysis, the BPS change for optical encoder market in H1, 2022 - outlook over H1, 2022 projected reflects a decline of 20-unit. The key reason hindering the growth of optical encoder market is significant security concerns. These encoders are sophisticated electronic devices that demand skillful handling. Also, covid 19 severely affected the optical encoder production due to decline in exports and the supply chain interruptions.
In addition, when compared to H1-2021, the market is anticipated to grow by 30 points in H1-2022. There is a growing need for improved resolution and accuracy in optical and magnetic technologies. The trend is being driven by the increasing demand for accurate and effective motor control. Rising use of cutting-edge motion control systems is anticipated to fuel market expansion for optical encoders.
2014-2021 Optical Encoder Market Demand Outlook Compared to 2022-2029 Forecast
An optical encoder is an electromechanical device which has an electrical output in digital form proportional to the angular position of the input shaft. Optical encoders enable an angular displacement to be converted directly into a digital form. An optical encoder is an angular position sensor.
The optical encoder market demand is estimated to rise at 9.7% CAGR between 2022 and 2029 in comparison with 7.1% CAGR registered during 2014-2021. The global optical encoder market is anticipated to witness an increase in revenue from ~US$ 2,536.8 Mn in 2022 to ~US$ 4,851.9 Mn by 2029.
Increasing Demand for Enhanced Resolution and Accuracy for Optical Technologies
Demand for enhanced resolution and accuracy for optical and magnetic technologies is increasing. The trend is driven by the growing need for efficient and precise control of motors. Generally, manufacturers of encoders get higher resolution through interpolation techniques.
However, to reduce costs and maximize performance, these manufacturers are integrating interpolation into ASICs (application-specific integrated circuit) and smart sensors. For instance, US Digital – a U.S.-based manufacturer of motion control products, introduced its new line of miniature optical encoders, E4T and S4T. These products utilize incorporated integration of the company’s proprietary OptoASIC.
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Talk to AnalystCountry-wise Insights
How big is the Opportunity for Adoption of Optical Encoder in U.K?
U.K. is predicted to remain one of the most attractive markets during the forecast period. According to the study, the country is expected to witness an impressive CAGR of 23.4% by 2029.
The demand for high quality assurance in the Surface Mount Technology (SMT) processes is increasing in the country owing to increasing electronic product complexity. This increasing implementation of advanced absolute encoders by SMT placement equipment manufacturers is driving growth of the market. Consumer electronics and healthcare sector are acknowledging the improved reproducibility and increased productivity enabled by optical encoder solution. Also, due to expansion of healthcare sector in the country, industries are continuously deploying encoder products. Due to such factors, the market of optical encoder will see many opportunities in the country.
Why is Demand for Optical Encoder Increasing in U.S.?
The optical encoder demand in the U.S. is expected to account for 86.2% market share of North America through 2029. U.S. is anticipated to grow in upcoming years as the country is a huge market for optical encoder.
The adoption of optical encoder in the country for portable medical device has increased as manufacturers offer cost-effective products having high precision, smaller size, lower weight and lower power consumption in order to sustain in the health care devices industry. The key factor for driving the optical encoder market in U.S. is the presence of major industry players. Enterprises in the country are investing heavily on numerous initiatives to accelerate advancements in their robotic process automation. Such factors are contributing to growth of optical encoder market in U.S.
How will the Sales Prospects for Optical Encoder unfold in India?
The sales in India is estimated to increase at a CAGR of 17.8% CAGR by 2029. The optical encoder market is rapidly evolving with new technologies and methodologies in India.
India is creating an array of opportunities for the optical encoder as significant growth is witnessed in industries such as industrial automation, automotive and consumer electronics. Due to this reason the manufacturers in the country are adopting new techniques in manufacturing to reduce cost, save time and improve product quality for encoders. Also, economic growth of India is complemented by the declining prices of software, hardware, and other related components. These factors propel the demand for encoders in these industries in India.
Category-wise Insights
What’s the Market Share of Robotics Equipment Segment in Optical Encoder Market?
The robotics equipment segment is expected to account for 20.5% market share by the end of 2029.
The adoption of optical encoder is increasing in robotics as it is capable of providing unique position value from the moment it is switched on. It helps to ensure efficiency of robots and its movement after it has undergone power failure. Additionally, maintenance and increased interaction with humans during operations require optical encoders, which are certified for functional safety. These certifications mandate adoption of meticulous design methodologies, thereby making the provision of safety solutions without increasing system costs.
Why is the demand for Incremental Optical Encoder Increasing?
The incremental optical encoder segment is expected to showcase a strong CAGR of 8.1% during the forecast period.
Presently, a major proportion of position encoding applications deploy absolute or incremental rotational encoders. ‘Signal on demand’ in hybrid absolute or incremental rotational encoders is increasingly gaining popularity for application in various industries. This is expected to create business opportunities for integrated multidimensional position encoders. Focusing on development of hybrid absolute and incremental encoders to enable a ‘signal on demand’ read-out such as with fast incremental/absolute read-out up to 14 bits can create potential business opportunities for encoders manufacturers in the near future.
How will Increasing adoption of Optical encoder in Consumer Electronics Support Market Growth?
With around 30.2% revenue share of the optical encoder market attained in 2021, consumer electronics segment will continue to gain traction.
A major growth driver of the global optical encoder market is the increasing number of orders placed for advanced and expanding applications in consumer electronics along with transition of traditional and manual controls to state-of-art automation. There is growing demand for improved automated controls for consumer electronics applications to improve performance, reduce costs, improve productivity etc. Further aiding this growth is the introduction of additional features such as advanced diagnostic capabilities.
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Competitive Landscape
Many key players are inclined at investing heavily in innovation, research, and development practices to uncover increased applications of optical encoder. With the use of technology, vendors are also focusing on strategic partnerships and collaborations, new product developments and business expansion to capture huge customer base.
- For instance, in October 2019, Honeywell international introduced a new smart hearing solution to monitor sound in real time and analyze patterns to help companies better protect workers from noise-induced hearing loss.
- For instance, In June 2019, Sensata Technologies at Paris Airshow introduced its Aerospace solutions which includes pressure sensors, temperature sensors, aircraft circuit breakers, position sensors (LVDTs/RVDTs), and flight controls in addition to hermetic thermostats, position switches and pressure switches.
Scope of Report
|
Attribute |
Details |
|
Market value in 2022 |
US$ 2,536.8 Mn |
|
Market CAGR 2022 to 2029 |
9.7% |
|
Share of top 5 players |
Around 22% |
|
Forecast Period |
2022-2029 |
|
Historical Data Available for |
2014-2021 |
|
Market Analysis |
USD Million for Value |
|
Key Regions Covered |
North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan and Middle East & Africa |
|
Key Countries Covered |
US, Canada, Germany, France, Italy, Spain, U.K., India, Australia, New Zealand, China, Japan, India, Australia & New Zealand, GCC Countries and South Africa |
|
Key Segments Covered |
Configuration, Output Signal Format, Application and Region |
|
Key Companies Profiled |
|
|
Report Coverage |
Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
|
Customization & Pricing |
Available upon Request |
Optical Encoder Market Outlook by Category
By Configuration :
- Shafted Optical Encoder
- Hollow-Shaft Optical Encoder
- Absolute Optical Encoder
- Multi-turn Optical Encoder
- Incremental Optical Encoder
By Output Signal Format :
- Analog Optical Encoder
- Digital Optical Encoder
By Application :
- Healthcare Equipment
- Consumer Electronics and Semiconductor Manufacturing Equipment
- Robotics Equipment
- Test & Measurement Equipment
- Others
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East & Africa
Frequently Asked Questions
Middle East and Africa is projected to register strong growth in the market, exhibiting a CAGR of 15.0% during the forecast period. However, North America currently leads the global market, with market share of around 24.7% in 2022.
Some of the leading companies in this landscape are Honeywell International, Rockwell International, Renishaw PLC, Allied Motion Technologies, Sensata Technologies among others. Nearly 30%-40% of the market share is currently covered by the top 10 players.
The optical encoder market was valued at ~US$ 2,333.4 Mn in 2021, and is estimated to grow at a CAGR of 9.7% to reach ~US$ 4,851.9 Mn in 2029.
The optical encoder market is expected to total ~US$ 2,536.8 Mn by the end of 2022, and is likely to reach ~US$ 4,851.9 Mn by 2029.
The market in last 8 years (2014 – 2021) grew by a CAGR of 7.1%.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Pricing Analysis
4.1. Pricing Analysis By Configuration
4.2. Pricing Break-up
4.2.1. Manufacturer Level Pricing
4.2.2. Distributor Level Pricing
5. Global Optical Encoder Market Volume Analysis 2014-2021 and Forecast, 2022-2029
5.1. Historical Market Volume (Units) Analysis, 2014-2021
5.2. Current and Future Market Volume (Units) Projections, 2022-2029
5.3. Y-o-Y Growth Trend Analysis
6. Global Optical Encoder Market Demand (in Value or Size in US$ Mn) Analysis 2014-2021 and Forecast, 2022-2029
6.1. Historical Market Value (US$ Mn) Analysis, 2014-2021
6.2. Current and Future Market Value (US$ Mn) Projections, 2022-2029
6.2.1. Y-o-Y Growth Trend Analysis
6.2.2. Absolute $ Opportunity Analysis
7. Market Background
7.1. Macro-Economic Factors
7.2. Forecast Factors - Relevance & Impact
7.3. Value Chain Analysis
7.4. Market Dynamics
7.4.1. Drivers
7.4.2. Restraints
7.4.3. Opportunity Analysis
8. Global Optical Encoder Market Analysis 2014-2021 and Forecast 2022-2029, by Configuration
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Configuration, 2014 - 2021
8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Configuration, 2022 - 2029
8.3.1. Shafted
8.3.2. Hollow-Shaft
8.3.3. Absolute
8.3.4. Multi-Turn
8.3.5. Incremental
8.4. Market Attractiveness Analysis By Configuration
9. Global Optical Encoder Market Analysis 2014-2021 and Forecast 2022-2029, by Output Signal Format
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Output Signal Format, 2014 - 2021
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Output Signal Format, 2022 - 2029
9.3.1. Analog
9.3.2. Digital
9.4. Market Attractiveness Analysis By Output Signal Format
10. Global Optical Encoder Market Analysis 2014-2021 and Forecast 2022-2029, by Application
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2014 - 2021
10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2022 - 2029
10.3.1. Healthcare Equipment
10.3.2. Consumer Electronics & Semiconductor Manufacturing Equipment
10.3.3. Robotics Equipment
10.3.4. Test & Measurement Equipment
10.3.5. Others
10.4. Market Attractiveness Analysis By Application
11. Global Optical Encoder Market Analysis 2014-2021 and Forecast 2022-2029, by Region
11.1. Introduction
11.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2014 - 2021
11.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2022 - 2029
11.3.1. North America
11.3.2. Latin America
11.3.3. Western Europe
11.3.4. Eastern Europe
11.3.5. Asia Pacific excluding Japan
11.3.6. Japan
11.3.7. Middle East & Africa
11.4. Market Attractiveness Analysis By Region
12. North America Optical Encoder Market Analysis 2014-2021 and Forecast 2022-2029
12.1. Introduction
12.2. Historical Market Size (US$ Mn) Analysis By Market Taxonomy, 2014 - 2021
12.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2029
12.3.1. By Country
12.3.1.1. U.S.
12.3.1.2. Canada
12.3.2. By Configuration
12.3.3. By Output Signal Format
12.3.4. By Application
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Configuration
12.4.3. By Output Signal Format
12.4.4. By Application
12.5. Market Trends
12.6. Drivers and Restraints - Impact Analysis
13. Latin America Optical Encoder Market Analysis 2014-2021 and Forecast 2022-2029
13.1. Introduction
13.2. Historical Market Size (US$ Mn) Analysis By Market Taxonomy, 2014 - 2021
13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2029
13.3.1. By Country
13.3.1.1. Brazil
13.3.1.2. Mexico
13.3.1.3. Rest of Latin America
13.3.2. By Configuration
13.3.3. By Output Signal Format
13.3.4. By Application
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Configuration
13.4.3. By Output Signal Format
13.4.4. By Application
13.5. Market Trends
13.6. Drivers and Restraints - Impact Analysis
14. Western Europe Optical Encoder Market Analysis 2014-2021 and Forecast 2022-2029
14.1. Introduction
14.2. Historical Market Size (US$ Mn) Analysis By Market Taxonomy, 2014 - 2021
14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2029
14.3.1. By Country
14.3.1.1. Germany
14.3.1.2. Italy
14.3.1.3. France
14.3.1.4. U.K.
14.3.1.5. Spain
14.3.1.6. BENELUX
14.3.1.7. Rest of Europe
14.3.2. By Configuration
14.3.3. By Output Signal Format
14.3.4. By Application
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Configuration
14.4.3. By Output Signal Format
14.4.4. By Application
14.5. Market Trends
14.6. Drivers and Restraints - Impact Analysis
15. Eastern Europe Optical Encoder Market Analysis 2014-2021 and Forecast 2022-2029
15.1. Introduction
15.2. Historical Market Size (US$ Mn) Analysis By Market Taxonomy, 2014 - 2021
15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2029
15.3.1. By Country
15.3.1.1. Russia
15.3.1.2. Poland
15.3.1.3. Rest of Eastern Europe
15.3.2. By Configuration
15.3.3. By Output Signal Format
15.3.4. By Application
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Configuration
15.4.3. By Output Signal Format
15.4.4. By Application
15.5. Market Trends
15.6. Drivers and Restraints - Impact Analysis
16. Asia Pacific excluding Japan Optical Encoder Market Analysis 2014-2021 and Forecast 2022-2029
16.1. Introduction
16.2. Historical Market Size (US$ Mn) Analysis By Market Taxonomy, 2014 - 2021
16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2029
16.3.1. By Country
16.3.1.1. China
16.3.1.2. India
16.3.1.3. ASEAN
16.3.1.4. Australia & New Zealand
16.3.1.5. Rest of Asia Pacific excluding Japan
16.3.2. By Configuration
16.3.3. By Output Signal Format
16.3.4. By Application
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Configuration
16.4.3. By Output Signal Format
16.4.4. By Application
16.5. Market Trends
16.6. Drivers and Restraints - Impact Analysis
17. Japan Optical Encoder Market Analysis 2014-2021 and Forecast 2022-2029
17.1. Introduction
17.2. Historical Market Size (US$ Mn) Analysis By Market Taxonomy, 2014 - 2021
17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2029
17.3.1. By Configuration
17.3.2. By Output Signal Format
17.3.3. By Application
17.4. Market Attractiveness Analysis
17.4.1. By Configuration
17.4.2. By Output Signal Format
17.4.3. By Application
17.5. Market Trends
17.6. Drivers and Restraints - Impact Analysis
18. Middle East and Africa Optical Encoder Market Analysis 2014-2021 and Forecast 2022-2029
18.1. Introduction
18.2. Historical Market Size (US$ Mn) Analysis By Market Taxonomy, 2014 - 2021
18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2029
18.3.1. By Country
18.3.1.1. GCC Countries
18.3.1.2. Turkey
18.3.1.3. Northern Africa
18.3.1.4. South Africa
18.3.1.5. Rest of Middle East and Africa
18.3.2. By Configuration
18.3.3. By Output Signal Format
18.3.4. By Application
18.4. Market Attractiveness Analysis
18.4.1. By Country
18.4.2. By Configuration
18.4.3. By Output Signal Format
18.4.4. By Application
18.5. Market Trends
18.6. Drivers and Restraints - Impact Analysis
19. Market Structure Analysis
19.1. Market Analysis by Tier of Companies (Optical Encoder)
19.2. Market Concentration
19.3. Market Share Analysis of Top Players
19.4. Market Presence Analysis
19.4.1. By Regional footprint of Players
19.4.2. Product foot print by Players
19.4.3. Channel Foot Print by Players
20. Competition Analysis
20.1. Competition Dashboard
20.2. Pricing Analysis by Competition
20.3. Competition Benchmarking
20.4. Competition Deep Dive
20.4.1. Honeywell International
20.4.1.1. Overview
20.4.1.2. Product Portfolio
20.4.1.3. Profitability by Market Segments (Product/Channel/Region)
20.4.1.4. Sales Footprint
20.4.1.5. Strategy Overview
20.4.1.5.1. Marketing Strategy
20.4.1.5.2. Product Strategy
20.4.1.5.3. Channel Strategy
20.4.2. Rockwell International
20.4.2.1. Overview
20.4.2.2. Product Portfolio
20.4.2.3. Profitability by Market Segments (Product/Channel/Region)
20.4.2.4. Sales Footprint
20.4.2.5. Strategy Overview
20.4.2.5.1. Marketing Strategy
20.4.2.5.2. Product Strategy
20.4.2.5.3. Channel Strategy
20.4.3. Renishaw PLC
20.4.3.1. Overview
20.4.3.2. Product Portfolio
20.4.3.3. Profitability by Market Segments (Product/Channel/Region)
20.4.3.4. Sales Footprint
20.4.3.5. Strategy Overview
20.4.3.5.1. Marketing Strategy
20.4.3.5.2. Product Strategy
20.4.3.5.3. Channel Strategy
20.4.4. Allied Motion Technologies
20.4.4.1. Overview
20.4.4.2. Product Portfolio
20.4.4.3. Profitability by Market Segments (Product/Channel/Region)
20.4.4.4. Sales Footprint
20.4.4.5. Strategy Overview
20.4.4.5.1. Marketing Strategy
20.4.4.5.2. Product Strategy
20.4.4.5.3. Channel Strategy
20.4.5. Sensata Technologies
20.4.5.1. Overview
20.4.5.2. Product Portfolio
20.4.5.3. Profitability by Market Segments (Product/Channel/Region)
20.4.5.4. Sales Footprint
20.4.5.5. Strategy Overview
20.4.5.5.1. Marketing Strategy
20.4.5.5.2. Product Strategy
20.4.5.5.3. Channel Strategy
20.4.6. US Digital
20.4.6.1. Overview
20.4.6.2. Product Portfolio
20.4.6.3. Profitability by Market Segments (Product/Channel/Region)
20.4.6.4. Sales Footprint
20.4.6.5. Strategy Overview
20.4.6.5.1. Marketing Strategy
20.4.6.5.2. Product Strategy
20.4.6.5.3. Channel Strategy
20.4.7. Bourns Inc.,
20.4.7.1. Overview
20.4.7.2. Product Portfolio
20.4.7.3. Profitability by Market Segments (Product/Channel/Region)
20.4.7.4. Sales Footprint
20.4.7.5. Strategy Overview
20.4.7.5.1. Marketing Strategy
20.4.7.5.2. Product Strategy
20.4.7.5.3. Channel Strategy
20.4.8. Dynapar (Danaher Corporation)
20.4.8.1. Overview
20.4.8.2. Product Portfolio
20.4.8.3. Profitability by Market Segments (Product/Channel/Region)
20.4.8.4. Sales Footprint
20.4.8.5. Strategy Overview
20.4.8.5.1. Marketing Strategy
20.4.8.5.2. Product Strategy
20.4.8.5.3. Channel Strategy
20.4.9. GrayHill
20.4.9.1. Overview
20.4.9.2. Product Portfolio
20.4.9.3. Profitability by Market Segments (Product/Channel/Region)
20.4.9.4. Sales Footprint
20.4.9.5. Strategy Overview
20.4.9.5.1. Marketing Strategy
20.4.9.5.2. Product Strategy
20.4.9.5.3. Channel Strategy
20.4.10. CodeChamp
20.4.10.1. Overview
20.4.10.2. Product Portfolio
20.4.10.3. Profitability by Market Segments (Product/Channel/Region)
20.4.10.4. Sales Footprint
20.4.10.5. Strategy Overview
20.4.10.5.1. Marketing Strategy
20.4.10.5.2. Product Strategy
20.4.10.5.3. Channel Strategy
21. Assumptions and Acronyms Used
22. Research Methodology
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List of Tables
Table 01: Global Optical Encoder Market Size (US$ Mn) Forecast by Configuration, 2014–2029
Table 02: Global Optical Encoder Market Size (US$ Mn) Forecast by Output Signal Format, 2014–2029
Table 03: Global Optical Encoder Market Size (US$ Mn) Forecast by Application, 2014–2029
Table 04: Global Optical Encoder Market Size (US$ Mn) Forecast by Region, 2014–2029
Table 05: North America Optical Encoder Market Size (US$ Mn) Forecast by Country, 2014–2029
Table 06: North America Optical Encoder Market Size (US$ Mn) Forecast by Configuration, 2014–2029
Table 07: North America Optical Encoder Market Size (US$ Mn) Forecast by Output Signal Format, 2014–2029
Table 08: North America Optical Encoder Market Size (US$ Mn) Forecast by Application, 2014–2029
Table 09: Latin America Optical Encoder Market Size (US$ Mn) Forecast by Country, 2014–2029
Table 10: Latin America Optical Encoder Market Size (US$ Mn) Forecast by Configuration, 2014–2029
Table 11: Latin America Optical Encoder Market Size (US$ Mn) Forecast by Output Signal Format, 2014–2029
Table 12: Latin America Optical Encoder Market Size (US$ Mn) Forecast by Application, 2014–2029
Table 13: Western Europe Optical Encoder Market Size (US$ Mn) Forecast by Country, 2014–2029
Table 14: Western Europe Optical Encoder Market Size (US$ Mn) Forecast by Configuration, 2014–2029
Table 15: Western Europe Optical Encoder Market Size (US$ Mn) Forecast by Output Signal Format, 2014–2029
Table 16: Western Europe Optical Encoder Market Size (US$ Mn) Forecast by Application, 2014–2029
Table 17: Eastern Europe Optical Encoder Market Size (US$ Mn) Forecast by Country, 2014–2029
Table 18: Eastern Europe Optical Encoder Market Size (US$ Mn) Forecast by Configuration, 2014–2029
Table 19: Eastern Europe Optical Encoder Market Size (US$ Mn) Forecast by Output Signal Format, 2014–2029
Table 20: Eastern Europe Optical Encoder Market Size (US$ Mn) Forecast by Application, 2014–2029
Table 21: Asia Pacific excluding Japan Optical Encoder Market Size (US$ Mn) Forecast by Country, 2014–2029
Table 22: Asia Pacific excluding Japan Optical Encoder Market Size (US$ Mn) Forecast by Configuration, 2014–2029 (1/2)
Table 22: Asia Pacific excluding Japan Optical Encoder Market Size (US$ Mn) Forecast by Configuration, 2014–2029 (2/2)
Table 23: Asia Pacific excluding Japan Optical Encoder Market Size (US$ Mn) Forecast by Output Signal Format, 2014–2029
Table 24: Asia Pacific excluding Japan Optical Encoder Market Size (US$ Mn) Forecast by Application, 2014–2029
Table 25: Japan Optical Encoder Market Size (US$ Mn) Forecast by Configuration, 2014–2029
Table 26: Japan Optical Encoder Market Size (US$ Mn) Forecast by Output Signal Format, 2014–2029
Table 27: Japan Optical Encoder Market Size (US$ Mn) Forecast by Application, 2014–2029
Table 28: Middle East & Africa Optical Encoder Market Size (US$ Mn) Forecast by Country, 2014–2029
Table 29: Middle East & Africa Optical Encoder Market Size (US$ Mn) Forecast by Configuration, 2014–2029
Table 30: Middle East & Africa Optical Encoder Market Size (US$ Mn) Forecast by Output Signal Format, 2014–2029
Table 31: Middle East & Africa Optical Encoder Market Size (US$ Mn) Forecast by Application, 2014–2029
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Figure 01: Global Optical Encoder Market Absolute $ Opportunity Analysis, 2022-2029
Figure 02: Global Optical Encoder Market Size and Y-o-Y Growth Rate From 2022-2029
Figure 03: Global Optical Encoder Market Value (US$ Mn), 2014-2021
Figure 04: Global Optical Encoder Market Value (US$ Mn), 2022-2029
Figure 05: Global Optical Encoder Market: BPS Analysis by Configuration – 2022 & 2029
Figure 06: Global Optical Encoder Market: Y-o-Y Growth Comparison by Configuration, 2022–2029
Figure 07: Global Optical Encoder Market: Market Attractiveness by Configuration
Figure 08: Global Optical Encoder Market: BPS Analysis by Output Signal Format– 2022 & 2029
Figure 09: Global Optical Encoder Market: Y-o-Y Growth Comparison by Output Signal Format, 2022–2029
Figure 10: Global Optical Encoder Market: Market Attractiveness by Output Signal Format
Figure 11: Global Optical Encoder Market: BPS Analysis by Application – 2022 & 2029
Figure 12: Global Optical Encoder Market: Y-o-Y Growth Comparison by Application, 2022–2029
Figure 13: Global Optical Encoder Market: Market Attractiveness by Application
Figure 14: Global Optical Encoder Market: BPS Analysis by Region – 2022 & 2029
Figure 15: Global Optical Encoder Market: Y-o-Y Growth Comparison by Region, 2022–2029
Figure 16: Global Optical Encoder Market: Market Attractiveness by Region
Figure 17: North America Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 18: Latin America Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 19: Western Europe Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 20: Eastern Europe Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 21: Asia Pacific excluding Japan Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 22: Japan Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 23: Middle East and Africa Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 24: North America Optical Encoder Market Value (US$ Mn), 2014-2021
Figure 25: North America Optical Encoder Market Value (US$ Mn), 2022-2029
Figure 26: North America Optical Encoder Market: BPS Analysis by Country – 2022 & 2029
Figure 27: North America Optical Encoder Market: Y-o-Y Growth Comparison by Country, 2022–2029
Figure 28: North America Optical Encoder Market: Market Attractiveness by Country
Figure 29: U.S. Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 30: Canada Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 31: North America Optical Encoder Market: BPS Analysis by Configuration – 2022 & 2029
Figure 32: North America Optical Encoder Market: Y-o-Y Growth Comparison by Configuration, 2022–2029
Figure 33: North America Optical Encoder Market: Market Attractiveness by Configuration
Figure 34: North America Optical Encoder Market: BPS Analysis by Output Signal Format– 2022 & 2029
Figure 35: North America Optical Encoder Market: Y-o-Y Growth Comparison by Output Signal Format, 2022–2029
Figure 36: North America Optical Encoder Market: Market Attractiveness by Output Signal Format
Figure 37: North America Optical Encoder Market: BPS Analysis by Application – 2022 & 2029
Figure 38: North America Optical Encoder Market: Y-o-Y Growth Comparison by Application, 2022–2029
Figure 39: North America Optical Encoder Market: Market Attractiveness by Application
Figure 40: Latin America Optical Encoder Market Value (US$ Mn), 2014-2021
Figure 41: Latin America Optical Encoder Market Value (US$ Mn), 2022-2029
Figure 42: Latin America Optical Encoder Market: BPS Analysis by Country – 2022 & 2029
Figure 43: Latin America Optical Encoder Market: Y-o-Y Growth Comparison by Country, 2022–2029
Figure 44: Latin America Optical Encoder Market: Market Attractiveness by Country
Figure 45: Brazil Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 46: Mexico Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 47: Rest of Latin America Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 48: Latin America Optical Encoder Market: BPS Analysis by Configuration – 2022 & 2029
Figure 49: Latin America Optical Encoder Market: Y-o-Y Growth Comparison by Configuration, 2022–2029
Figure 50: Latin America Optical Encoder Market: Market Attractiveness by Configuration
Figure 51: Latin America Optical Encoder Market: BPS Analysis by Output Signal Format– 2022 & 2029
Figure 52: Latin America Optical Encoder Market: Y-o-Y Growth Comparison by Output Signal Format, 2022–2029
Figure 53: Latin America Optical Encoder Market: Market Attractiveness by Output Signal Format
Figure 54: Latin America Optical Encoder Market: BPS Analysis by Application – 2022 & 2029
Figure 55: Latin America Optical Encoder Market: Y-o-Y Growth Comparison by Application, 2022–2029
Figure 56: Latin America Optical Encoder Market: Market Attractiveness by Application
Figure 57: Western Europe Optical Encoder Market Value (US$ Mn), 2014-2021
Figure 58: Western Europe Optical Encoder Market Value (US$ Mn), 2022-2029
Figure 59: Western Europe Optical Encoder Market: BPS Analysis by Country – 2022 & 2029
Figure 60: Western Europe Optical Encoder Market: Y-o-Y Growth Comparison by Country, 2022–2029
Figure 61: Western Europe Optical Encoder Market: Market Attractiveness by Country
Figure 62: Germany Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 63: U.K. Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 64: France Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 65: BENELUX Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 66: NORDIC Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 67: Spain Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 68: Italy Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 69: Rest of Western Europe Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 70: Western Europe Optical Encoder Market: BPS Analysis by Configuration – 2022 & 2029
Figure 71: Western Europe Optical Encoder Market: Y-o-Y Growth Comparison by Configuration, 2022–2029
Figure 72: Western Europe Optical Encoder Market: Market Attractiveness by Configuration
Figure 73: Western Europe Optical Encoder Market: BPS Analysis by Output Signal Format– 2022 & 2029
Figure 74: Western Europe Optical Encoder Market: Y-o-Y Growth Comparison by Output Signal Format, 2022–2029
Figure 75: Western Europe Optical Encoder Market: Market Attractiveness by Output Signal Format
Figure 76: Western Europe Optical Encoder Market: BPS Analysis by Application – 2022 & 2029
Figure 77: Western Europe Optical Encoder Market: Y-o-Y Growth Comparison by Application, 2022–2029
Figure 78: Western Europe Optical Encoder Market: Market Attractiveness by Application
Figure 79: Eastern Europe Optical Encoder Market Value (US$ Mn), 2014-2021
Figure 80: Eastern Europe Optical Encoder Market Value (US$ Mn), 2022-2029
Figure 81: Eastern Europe Optical Encoder Market: BPS Analysis by Country – 2022 & 2029
Figure 82: Eastern Europe Optical Encoder Market: Y-o-Y Growth Comparison by Country, 2022–2029
Figure 83: Eastern Europe Optical Encoder Market: Market Attractiveness by Country
Figure 84: Russia Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 85: Poland Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 86: Rest of Eastern Europe Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 87: Eastern Europe Optical Encoder Market: BPS Analysis by Configuration – 2022 & 2029
Figure 88: Eastern Europe Optical Encoder Market: Y-o-Y Growth Comparison by Configuration, 2022–2029
Figure 89: Eastern Europe Optical Encoder Market: Market Attractiveness by Configuration
Figure 90: Eastern Europe Optical Encoder Market: BPS Analysis by Output Signal Format– 2022 & 2029
Figure 91: Eastern Europe Optical Encoder Market: Y-o-Y Growth Comparison by Output Signal Format, 2022–2029
Figure 92: Eastern Europe Optical Encoder Market: Market Attractiveness by Output Signal Format
Figure 93: Eastern Europe Optical Encoder Market: BPS Analysis by Application – 2022 & 2029
Figure 94: Eastern Europe Optical Encoder Market: Y-o-Y Growth Comparison by Application, 2022–2029
Figure 95: Eastern Europe Optical Encoder Market: Market Attractiveness by Application
Figure 96: Asia Pacific excluding Japan Optical Encoder Market Value (US$ Mn), 2014-2021
Figure 97: Asia Pacific excluding Japan Optical Encoder Market Value (US$ Mn), 2022-2029
Figure 98: Asia Pacific excluding Japan Optical Encoder Market: BPS Analysis by Country – 2022 & 2029
Figure 99: Asia Pacific excluding Japan Optical Encoder Market: Y-o-Y Growth Comparison by Country, 2022–2029
Figure 100: Asia Pacific excluding Japan Optical Encoder Market: Market Attractiveness by Country
Figure 101: China Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 102: India Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 103: ASEAN Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 104: Australia & New Zealand Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 105: Rest of Asia Pacific excluding Japan Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 106: Asia Pacific excluding Japan Optical Encoder Market: BPS Analysis by Configuration – 2022 & 2029
Figure 107: Asia Pacific excluding Japan Optical Encoder Market: Y-o-Y Growth Comparison by Configuration, 2022–2029
Figure 108: Asia Pacific excluding Japan Optical Encoder Market: Market Attractiveness by Configuration
Figure 109: Asia Pacific excluding Japan Optical Encoder Market: BPS Analysis by Output Signal Format– 2022 & 2029
Figure 110: Asia Pacific excluding Japan Optical Encoder Market: Y-o-Y Growth Comparison by Output Signal Format, 2022–2029
Figure 111: Asia Pacific excluding Japan Optical Encoder Market: Market Attractiveness by Output Signal Format
Figure 112: Asia Pacific excluding Japan Optical Encoder Market: BPS Analysis by Application – 2022 & 2029
Figure 113: Asia Pacific excluding Japan Optical Encoder Market: Y-o-Y Growth Comparison by Application, 2022–2029
Figure 114: Asia Pacific excluding Japan Optical Encoder Market: Market Attractiveness by Application
Figure 115: Japan Optical Encoder Market Value (US$ Mn), 2014-2021
Figure 116: Japan Optical Encoder Market Value (US$ Mn), 2022-2029
Figure 117: Japan Optical Encoder Market: BPS Analysis by Configuration – 2022 & 2029
Figure 118: Japan Optical Encoder Market: Y-o-Y Growth Comparison by Configuration, 2022–2029
Figure 119: Japan Optical Encoder Market: Market Attractiveness by Configuration
Figure 120: Japan Optical Encoder Market: BPS Analysis by Output Signal Format– 2022 & 2029
Figure 121: Japan Optical Encoder Market: Y-o-Y Growth Comparison by Output Signal Format, 2022–2029
Figure 122: Japan Optical Encoder Market: Market Attractiveness by Output Signal Format
Figure 123: Japan Optical Encoder Market: BPS Analysis by Application – 2022 & 2029
Figure 124: Japan Optical Encoder Market: Y-o-Y Growth Comparison by Application, 2022–2029
Figure 125: Japan Optical Encoder Market: Market Attractiveness by Application
Figure 126: Middle East & Africa Optical Encoder Market Value (US$ Mn), 2014-2021
Figure 127: Middle East & Africa Optical Encoder Market Value (US$ Mn), 2022-2029
Figure 128: Middle East & Africa Optical Encoder Market: BPS Analysis by Country – 2022 & 2029
Figure 129: Middle East & Africa Optical Encoder Market: Y-o-Y Growth Comparison by Country, 2022–2029
Figure 130: Middle East & Africa Optical Encoder Market: Market Attractiveness by Country
Figure 131: GCC Countries Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 132: North Africa Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 133: South Africa Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 134: Turkey Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 135: Rest of MEA Optical Encoder Market Absolute $ Opportunity (US$ Mn), 2014 – 2029
Figure 136: Middle East & Africa Optical Encoder Market: BPS Analysis by Configuration – 2022 & 2029
Figure 137: Middle East & Africa Optical Encoder Market: Y-o-Y Growth Comparison by Configuration, 2022–2029
Figure 138: Middle East & Africa Optical Encoder Market: Market Attractiveness by Configuration
Figure 139: Middle East & Africa Optical Encoder Market: BPS Analysis by Output Signal Format– 2022 & 2029
Figure 140: Middle East & Africa Optical Encoder Market: Y-o-Y Growth Comparison by Output Signal Format, 2022–2029
Figure 141: Middle East & Africa Optical Encoder Market: Market Attractiveness by Output Signal Format
Figure 142: Middle East & Africa Optical Encoder Market: BPS Analysis by Application – 2022 & 2029
Figure 143: Middle East & Africa Optical Encoder Market: Y-o-Y Growth Comparison by Application, 2022–2029
Figure 144: Middle East & Africa Optical Encoder Market: Market Attractiveness by Application
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