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.
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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
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