Encoders Market to Grow at a CAGR of 10.2% to reach US$ 3,447.7 Million from 2020 to 2027

Encoders Market to 2027 - COVID-19 Impact and Global Analysis and Forecasts by Type (Linear Encoder, Rotatory Encoder); Technology (Optical, Magnetic, Others); End User (Aerospace, Automotive, Food and Beverages, Printing, Consumer Electronics, Medical, Others)

  • Report Code : TIPTE100000522
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 204
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The encoders market was valued at US$ 1,748.4 million in 2020 and is expected to grow at a CAGR of 10.2% from 2020 to 2027 to reach US$ 3,447.7 million by 2027.

Industrial robots are widely used for manufacturing processes across the globe. With the adoption of robots, the cost of labor can be reduced to a great extent in various countries, such as the US and China. Developments in computing power and networking technologies have made installing and maintaining robots cost-efficient and faster. Such factors and their impact on the growth of the robotics industry are expected to continue. As per IFR, from 2020 to 2022, ~2 million units of industrial robots are anticipated to be installed in factories across the globe. APAC is the largest industrial robot market. In 2018, APAC grew by 1% in terms of robot installations, and Europe increased by 14%. The top industrial robotics markets in 2018 were South Korea, Japan, China, Germany, and the US. As leading companies in this market continue to broaden its addressable market by expanding their current offerings and diversifying their client base, all the prominent players face an increasing level of competition, both from start-ups and leading established companies across the globe. Several companies in the value chain are developing new products and acquiring other players in the market to maintain their position in the market and provide efficient services to their customers. Major providers of encoders are based in Europe and North America. However, the encoders market is penetrating at a high growth rate in APAC.     

The COVID-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the world's technology supply chain. The COVID-19 crisis is leading toward the uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the population. The overall effect of the pandemic is impacting the production process of several industries, such as consumer electronics, automotive, food & beverages, and many more. As governments of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall encoder market globally.

Various companies in Europe and North America focus on R&D initiatives and rising investments are further complementing the growth of the global encoder market. A few key encoder material and technology providers include Gurley Precision Instruments Inc., FSI Technologies Inc., FRABA B.V., Baumer Group, and Dynapar Corporation.   

Lucrative Regions for Encoder Market

Lucrative Regions for Encoder Market
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Market Insights

Growing Industrial Automation Across Industries

Industrial automation is implemented in several industries, such as automotive, aerospace, food & beverages, healthcare, and electronics. Industrial automation observes a high growth rate due to the requirement for enhanced productivity, speed, and efficiency in manufacturing procedures. Encoders are crucial devices of high volume, high-speed industrial automation applications. Encoders convert motion into electrical feedback signals read by a control device in order to measure changes in speed, position, direction, count, and linear distance. Encoders are suitable for accurate position determination in industrial automation. In several countries, the automation of vehicles is increasing swiftly. With the advent of advanced technology, various automakers are anticipated to invest heavily in autonomous car technology. The encoder is attached to a wheel in order to measure rotation. By measuring rotation, it determines velocity and acceleration. Thus, in automotive automation, encoders play a crucial role and are progressively used in car manufacturing by automakers across the world. This factor accelerates revenue in the global encoder market.    

Type Insights

In the type segment, rotary encoder captured a larger share of the global encoder market. The growing demand for electronic position sensing devices across various industries is mainly driving the growth of rotary encoders. Rising demand for rotary encoders in the automotive industry and increasing trend of industrial automation are among the factors anticipated to drive the growth of the market for rotary encoders during the forecast period.    

Global Encoders Market Breakdown, by Type - 2019 and 2027

Global Encoders Market Breakdown, by Type - 2019 and 2027
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Note: The inner circle in the above figure represents the market share of type segment in 2019, and the outer circle represents the market share of the type segment in 2027.

Technology Insights

The encoders market, by technology, is sub segmented into magnetic, optical, and others. The magnetic technology segment captured a dominating share in the global encoder market.     

End User Insights

The encoders market, by end user, is further segmented into aerospace, automotive, food & beverages, printing, consumer electronics, medical, and others. The consumer electronics segment captured a dominating share of the global encoder market.

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Encoders Market: Strategic Insights

encoder-market
Market Size Value inUS$ 1,748.4 Million in 2020
Market Size Value byUS$ 3,447.7 Million by 2027
Growth rateCAGR of 10.2% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Product development strategy is commonly adopted by companies to expand their footprint worldwide and meet the growing demand. This strategy is mostly observed in Europe. A few recent developments are listed below:

2020:FRABA’s subsidiary POSITAL has extended its product portfolio of rotary encoders and inclinometers in order to include more devices with IP69K level environmental protection. They are available with a comprehensive range of mechanical options and communications interfaces.   
2019:Renishaw Plc launched a new encoder, ATOM DX encoder, designed on Renishaw's ATOM miniature encoder series and integrated with an innovative interpolation technology originally developed for the VIONiC and QUANTiC encoder families.   

Encoders Market – by Type

  • Linear Encoder
    • Incremental
    • Absolute
  • Rotary Encoder
    • Incremental
    • Absolute

Encoders Market – by Technology

  • Optical
  • Magnetic
  • Others

Encoders Market – by End User

  • Aerospace
  • Automotive
  • Food and Beverage
  • Printing
  • Consumer Electronics
  • Medical
  • Others

Encoders Market – by Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East & Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America

    • Brazil
    • Argentina
    • Rest of South America 

Company Profiles

  • Delta Electronics, Inc.
  • Dahua Technology CO., Ltd
  • Omron Corporation
  • ELCO Holding
  • FRABA B.V.
  • FSI Technologies Inc.
  • Renishaw Plc.
  • Rockwell Automation, Inc.
  • Scancon Encoders A/S
  • Servotechnik GmbH    

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type; Technology; End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


Which region led the encoders market in 2020?

The Asia Pacific region led the encoders market in 2020. China and Japan are the leading countries in the APAC encoder market. The key reason behind significant demand in the above-mentioned countries is the steep rise in industrialization. The adoption of high-end automation solutions among various industries in China and Japan is a key parameter identified for the growing demand for encoders. Several industries, such as consumer electronics, automotive, medical devices, and food & beverage are booming in the countries and is also anticipated to continue to climb at a substantial rate during the forecast period. The end-users or the industries are witnessing noteworthy demand from respective customers, and owing to which, the demand for automation solutions is higher, which is resulting in a rise in the procurement of encoders, thereby catalyzing the encoders market.

Which factor is driving the encoders market?

Industrial robots are widely used for manufacturing processes across the globe. This robot carries out several activities, which include assembling and welding. In various countries, such as the US and China, the cost of manufacturing labor is increasing; thus, owing to the growing cost, the payback for robotics is becoming more attractive. Developments in computing power and networking technologies have made installing and maintaining robots cost-efficient and faster. Such factors and their impact on the growth of the robotics industry are expected to continue which propel the encoders market globally.

Which rotary encoders led the encoders market?

The rotary encoders are widely used for velocity control, temperature control, position sensing, and volume control. The growing demand for electronic position sensing devices across various industries is mainly driving the growth of the rotary encoder. The rising demand for the rotary encoder in the automotive industry and the increasing trend of industrial automation is anticipated to drive the growth of rotary encoders during the forecast period.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Encoder Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America - PEST Analysis

4.2.2 Asia-Pacific - PEST Analysis

4.2.3 Europe - PEST Analysis

4.2.4 Middle East & Africa - PEST Analysis

4.2.5 South America- PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Encoder Market -Market Dynamics

5.1 Market Drivers

5.1.1 Growing Industrial Automation Across Industries

5.1.2 Increased used of Industrial Robotics in Manufacturing Process

5.2 Market Restraints

5.2.1 Concerns Regarding Accuracy

5.3 Market Opportunities

5.3.1 Growing Demand for IoT

5.4 Future Trend

5.4.1 Miniaturization of Encoders

5.5 Impact Analysis of Drivers and Restraints

6. Encoder Market - Global Market Analysis

6.1 Encoder Market Overview

6.2 Encoder Market -Revenue, and Forecast to 2027 (US$ Million)

6.3 Market Positioning - Global Key Players

7. Encoder Market Analysis - By Type

7.1 Overview

7.2 Encoder Market Breakdown, by Type, 2019 & 2027

7.3 Linear Encoder

7.3.1 Overview

7.3.2 Linear Encoder Market Revenue and Forecast to 2027 (US$ Million)

7.3.3 Incremental

7.3.3.1 Overview

7.3.3.2 Incremental: Encoder Linear Encoder Market Revenue and Forecast to 2027 (US$ Million)

7.3.4 Absolute

7.3.4.1 Overview

7.3.4.2 Absolute: Encoder Linear Encoder Market - Revenue and Forecast to 2027 (US$ Million)

7.4 Rotary Encoder

7.4.1 Overview

7.4.2 Rotary Encoder Market Revenue and Forecast to 2027 (US$ Million)

7.4.3 Incremental

7.4.3.1 Overview

7.4.3.2 Incremental: Encoder Rotary Encoder Market Revenue and Forecast to 2027 (US$ Million)

7.4.4 Absolute

7.4.4.1 Overview

7.4.4.2 Absolute: Encoder Rotary Encoder Market - Revenue and Forecast to 2027 (US$ Million)

8. Encoder Market Analysis - By Technology

8.1 Overview

8.2 Encoder Market Breakdown, by Technology, 2019 & 2027

8.3 Magnetic

8.3.1 Overview

8.3.2 Magnetic Market Revenue and Forecast to 2027 (US$ Million)

8.4 Optical

8.4.1 Overview

8.4.2 Optical Market Revenue and Forecast to 2027 (US$ Million)

8.5 Others

8.5.1 Overview

8.5.2 Others Market Revenue and Forecast to 2027 (US$ Million)

9. Encoder Market Analysis - By End User

9.1 Overview

9.2 Encoder Market Breakdown, by End User, 2019 & 2027

9.3 Aerospace

9.3.1 Overview

9.3.2 Aerospace Market Revenue and Forecast to 2027 (US$ Million)

9.4 Automotive

9.4.1 Overview

9.4.2 Automotive Market Revenue and Forecast to 2027 (US$ Million)

9.5 Food and Beverages

9.5.1 Overview

9.5.2 Food and Beverages Market Revenue and Forecast to 2027 (US$ Million)

9.6 Medical

9.6.1 Overview

9.6.2 Medical Market Revenue and Forecast to 2027 (US$ Million)

9.7 Consumer Electronics

9.7.1 Overview

9.7.2 Consumer Electronics Market Revenue and Forecast to 2027 (US$ Million)

9.8 Printing

9.8.1 Overview

9.8.2 Printing Market Revenue and Forecast to 2027 (US$ Million)

9.9 Others

9.9.1 Overview

9.9.2 Others Market Revenue and Forecast to 2027 (US$ Million)

10. Encoders Market - Geographic Analysis

10.1 Overview

10.2 North America: Encoders Market

10.2.1 North America: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.2.2 North America: Encoders Market, by Type

10.2.2.1 North America: Network Security Firewall Market, by Linear Encoder

10.2.2.2 North America: Network Security Firewall Market, by Rotary Encoder

10.2.3 North America: Encoders Market, by Technology

10.2.4 North America: Encoders Market, by End-User

10.2.5 North America: Encoders Market, by Key Country

10.2.5.1 US: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.2.5.1.1 US: Encoders Market, by Type

10.2.5.1.1.1 US: Encoders Market, by Linear Encoder

10.2.5.1.1.2 US: Encoders Market, by Rotary Encoder

10.2.5.1.2 US: Encoders Market, by Technology

10.2.5.1.3 US: Encoders Market, by End-User

10.2.5.2 Canada: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.2.5.2.1 Canada: Encoders Market, by Type

10.2.5.2.1.1 Canada: Encoders Market, by Linear Encoder

10.2.5.2.1.2 Canada: Encoders Market, by Rotary Encoder

10.2.5.2.2 Canada: Encoders Market, by Technology

10.2.5.2.3 Canada: Encoders Market, by End-User

10.2.5.3 Mexico: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.2.5.3.1 Mexico: Encoders Market, by Type

10.2.5.3.1.1 Mexico: Encoders Market, by Linear Encoder

10.2.5.3.1.2 Mexico: Encoders Market, by Rotary Encoder

10.2.5.3.2 Mexico: Encoders Market, by Technology

10.2.5.3.3 Mexico: Encoders Market, by End-User

10.3 Europe: Encoder Market

10.3.1 Europe: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.3.2 Europe: Encoder Market, By Type

10.3.2.1 Europe: Encoder Market, By Linear Encoder

10.3.2.2 Europe: Encoder Market, By Rotary Encoder

10.3.3 Europe: Encoder Market, By Technology

10.3.4 Europe: Encoder Market, By End-User

10.3.5 Europe: Encoder Market, By Country

10.3.5.1 Germany: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.3.5.1.1 Germany: Encoder Market, by Type

10.3.5.1.1.1 Germany: Encoder Market, by Linear Encoder

10.3.5.1.1.2 Germany: Encoder Market, by Rotary Encoder

10.3.5.1.2 Germany: Encoder Market, by Technology

10.3.5.1.3 Germany: Encoder Market, by End-User

10.3.5.2 France: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.3.5.2.1 France: Encoder Market, by Type

10.3.5.2.1.1 France: Encoder Market, by Linear Encoder

10.3.5.2.1.2 France: Encoder Market, by Rotary Encoder

10.3.5.2.2 France: Encoder Market, by Technology

10.3.5.2.3 France: Encoder Market, by End-User

10.3.5.3 Italy: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.3.5.3.1 Italy: Encoder Market, by Type

10.3.5.3.1.1 Italy: Encoder Market, by Linear Encoder

10.3.5.3.1.2 Italy: Encoder Market, by Rotary Encoder

10.3.5.3.2 Italy: Encoder Market, by Technology

10.3.5.3.3 Italy: Encoder Market, by End-User

10.3.5.4 UK: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.3.5.4.1 UK: Encoder Market, by Type

10.3.5.4.1.1 UK Encoder Market, by Linear Encoder

10.3.5.4.1.2 UK: Encoder Market, by Rotary Encoder

10.3.5.4.2 UK: Encoder Market, by Technology

10.3.5.4.3 UK: Encoder Market, by End-User

10.3.5.5 Russia: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.3.5.5.1 Russia: Encoder Market, by Type

10.3.5.5.1.1 Russia Encoder Market, by Linear Encoder

10.3.5.5.1.2 Russia: Encoder Market, by Rotary Encoder

10.3.5.5.2 Russia: Encoder Market, by Technology

10.3.5.5.3 Russia: Encoder Market, by End-User

10.3.5.6 Rest of Europe: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.3.5.6.1 Rest of Europe: Encoder Market, by Type

10.3.5.6.1.1 Rest of Europe Encoder Market, by Linear Encoder

10.3.5.6.1.2 Rest of Europe: Encoder Market, by Rotary Encoder

10.3.5.6.2 Rest of Europe: Encoder Market, by Technology

10.3.5.6.3 Rest of Europe: Encoder Market, by End-User

10.4 APAC: Encoder Market

10.4.1 APAC: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.4.2 APAC: Encoder Market, By Type

10.4.3 APAC: Encoder Market, By Technology

10.4.4 APAC: Encoder Market, By End-User

10.4.5 APAC: Encoder Market, By Country

10.4.5.1 Australia: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.4.5.2 Australia: Encoder Market, by Type

10.4.5.2.1.1 Australia: Encoder Market, by Linear Encoder

10.4.5.2.1.2 Australia: Encoder Market, By Rotary Encoder

10.4.5.2.2 Australia: Encoder Market, by Technology

10.4.5.2.3 Australia: Encoder Market, by End-User

10.4.5.3 China: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.4.5.3.1 China: Encoder Market, by Type

10.4.5.3.1.1 China: Encoder Market, By Linear Encoder

10.4.5.3.1.2 China: Encoder Market, By Rotary Encoder

10.4.5.3.2 China: Encoder Market, by Technology

10.4.5.3.3 China: Encoder Market, by End-User

10.4.5.4 India: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.4.5.4.1 India: Encoder Market, by Type

10.4.5.4.1.1 India: Encoder Market, By Linear Encoder

10.4.5.4.1.2 India: Encoder Market, By Rotary Encoder

10.4.5.4.2 India: Encoder Market, by Technology

10.4.5.4.3 India: Encoder Market, by End-User

10.4.5.5 Japan: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.4.5.5.1 Japan: Encoder Market, by Type

10.4.5.5.1.1 Japan: Encoder Market, By Linear Encoder

10.4.5.5.1.2 Japan: Encoder Market, By Rotary Encoder

10.4.5.5.2 Japan: Encoder Market, by Technology

10.4.5.5.3 Japan: Encoder Market, by End-User

10.4.5.6 South Korea: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.4.5.6.1 South Korea: Encoder Market, by Type

10.4.5.6.1.1 South Korea: Encoder Market, By Linear Encoder

10.4.5.6.1.2 South Korea: Encoder Market, By Rotary Encoder

10.4.5.6.2 South Korea: Encoder Market, by Technology

10.4.5.6.3 South Korea: Encoder Market, by End-User

10.4.5.7 Rest of APAC: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

10.4.5.7.1 Rest of APAC: Encoder Market, by Type

10.4.5.7.1.1 Rest of APAC: Encoder Market, By Linear Encoder

10.4.5.7.1.2 Rest of APAC: Encoder Market, By Rotary Encoder

10.4.5.7.2 Rest of APAC: Encoder Market, by Technology

10.4.5.7.3 Rest of APAC: Encoder Market, by End-User

10.5 Middle East and Africa: Encoders Market

10.5.1 MEA: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.5.2 MEA: Encoders Market, by Type

10.5.2.1 MEA: Network Security Firewall Market, by Linear Encoder

10.5.2.2 MEA: Network Security Firewall Market, by Rotary Encoder

10.5.3 MEA: Encoders Market, by Technology

10.5.4 MEA: Encoders Market, by End-User

10.5.5 MEA: Encoders Market, by Key Country

10.5.5.1 Saudi Arabia: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.5.5.1.1 Saudi Arabia: Encoders Market, by Type

10.5.5.1.1.1 Saudi Arabia: Encoders Market, by Linear Encoder

10.5.5.1.1.2 Saudi Arabia: Encoders Market, by Rotary Encoder

10.5.5.1.2 Saudi Arabia: Encoders Market, by Technology

10.5.5.1.3 Saudi Arabia: Encoders Market, by End-User

10.5.5.2 UAE: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.5.5.2.1 UAE: Encoders Market, by Type

10.5.5.2.1.1 UAE: Encoders Market, by Linear Encoder

10.5.5.2.1.2 UAE: Encoders Market, by Rotary Encoder

10.5.5.2.2 UAE: Encoders Market, by Technology

10.5.5.2.3 UAE: Encoders Market, by End-User

10.5.5.3 South Africa: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.5.5.3.1 South Africa: Encoders Market, by Type

10.5.5.3.1.1 South Africa Encoders Market, by Linear Encoder

10.5.5.3.1.2 South Africa: Encoders Market, by Rotary Encoder

10.5.5.3.2 South Africa: Encoders Market, by Technology

10.5.5.3.3 South Africa: Encoders Market, by End-User

10.5.5.4 Rest of MEA: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.5.5.4.1 Rest of MEA: Encoders Market, by Type

10.5.5.4.1.1 Rest of MEA Encoders Market, by Linear Encoder

10.5.5.4.1.2 Rest of MEA: Encoders Market, by Rotary Encoder

10.5.5.4.2 Rest of MEA: Encoders Market, by Technology

10.5.5.4.3 Rest of MEA: Encoders Market, by End-User

10.6 SAM: Encoders Market

10.6.1 SAM: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.6.2 SAM: Encoders Market, by Type

10.6.2.1 SAM: Network Security Firewall Market, by Linear Encoder

10.6.2.2 SAM: Network Security Firewall Market, by Rotary Encoder

10.6.3 SAM: Encoders Market, by Technology

10.6.4 SAM: Encoders Market, by End-User

10.6.5 SAM: Encoders Market, by Key Country

10.6.5.1 Brazil: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.6.5.1.1 Brazil: Encoders Market, by Type

10.6.5.1.1.1 Brazil: Encoders Market, by Linear Encoder

10.6.5.1.1.2 Brazil: Encoders Market, by Rotary Encoder

10.6.5.1.2 Brazil: Encoders Market, by Technology

10.6.5.1.3 Brazil: Encoders Market, by End-User

10.6.5.2 Argentina: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.6.5.2.1 Argentina: Encoders Market, by Type

10.6.5.2.1.1 Argentina: Encoders Market, by Linear Encoder

10.6.5.2.1.2 Argentina: Encoders Market, by Rotary Encoder

10.6.5.2.2 Argentina: Encoders Market, by Technology

10.6.5.2.3 Argentina: Encoders Market, by End-User

10.6.5.3 Rest of SAM: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

10.6.5.3.1 Rest of SAM: Encoders Market, by Type

10.6.5.3.1.1 Rest of SAM: Encoders Market, by Linear Encoder

10.6.5.3.1.2 Rest of SAM: Encoders Market, by Rotary Encoder

10.6.5.3.2 Rest of SAM: Encoders Market, by Technology

10.6.5.3.3 Rest of SAM: Encoders Market, by End-User

11. Impact of COVID-19 Outbreak

11.1 IMPACT OF COVID-19 PANDEMIC ON GLOBAL ENCODER MARKET

11.1.1 North America: Impact Assessment of COVID-19 Pandemic

11.1.2 Europe: Impact Assessment of COVID-19 Pandemic

11.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

11.1.5 South America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Market Initiatives

12.2 New Product Development

13. Company Profiles

13.1 ELCO Holding

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Dahua Technology Co., Ltd.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 FRABA B.V.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 FSI Technologies Inc.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Renishaw Plc

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 LTN Servotechnik GmbH

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 SCANCON Encoders A/S

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 OMRON Corporation

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Delta Electronics

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Rockwell Automation, Inc.

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. Encoder Market -Revenue and Forecast to 2027 (US$ Million)

Table 2. North America: Encoders Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 3. North America :Network Security Firewall Market, by Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 4. North America :Network Security Firewall Market, by Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 5. North America: Encoders Market, by Technology - Revenue and Forecast to 2027 (US$ Million)

Table 6. North America: Encoders Market, by End-User - Revenue and Forecast to 2027 (US$ Million)

Table 7. US: Encoders Market, by Type -Revenue and Forecast to 2027 (US$ Million)

Table 8. US: Encoders Market, by Linear Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 9. US: Encoders Market, by Rotary Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 10. US: Encoders Market, by Technology -Revenue and Forecast to 2027 (US$ Million)

Table 11. US: Encoders Market, by End-User -Revenue and Forecast to 2027 (US$ Million)

Table 12. Canada: Encoders Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 13. Canada: Encoders Market, by Linear Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 14. Canada: Encoders Market, by Rotary Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 15. Canada: Encoders Market, by Technology - Revenue and Forecast to 2027 (US$ Million)

Table 16. Canada: Encoders Market, by End-User - Revenue and Forecast to 2027 (US$ Million)

Table 17. Mexico: Encoders Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 18. Mexico: Encoders Market, by Linear Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 19. Mexico: Encoders Market, by Rotary Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 20. Mexico: Encoders Market, by Technology - Revenue and Forecast to 2027 (US$ Million)

Table 21. Mexico: Encoders Market, by End-User - Revenue and Forecast to 2027 (US$ Million)

Table 22. Europe Encoder Market, By Component - Revenue and Forecast to 2027 (US$ Million)

Table 23. Europe Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 24. Europe Encoder Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 25. Europe Encoder Market, By Technology- Revenue and Forecast to 2027 (US$ Million)

Table 26. Europe Encoder Market, By End-User- Revenue and Forecast to 2027 (US$ Million)

Table 27. Europe Encoder Market, By Country - Revenue and Forecast to 2027 (US$ Million)

Table 28. Germany Encoder Market, By Type - Revenue and Forecast to 2027 (US$ Million)

Table 29. Germany Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 30. Germany Encoder Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 31. Germany Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 32. Germany Encoder Market, By End-User - Revenue and Forecast to 2027 (US$ Million)

Table 33. France Encoder Market, By Type - Revenue and Forecast to 2027 (US$ Million)

Table 34. France Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 35. France Encoder Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 36. France Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 37. France Encoder Market, By End-User - Revenue and Forecast to 2027 (US$ Million)

Table 38. Italy Encoder Market, By Type - Revenue and Forecast to 2027 (US$ Million)

Table 39. Italy Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 40. Italy Encoder Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 41. Italy Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 42. Italy Encoder Market, By End-User - Revenue and Forecast to 2027 (US$ Million)

Table 43. UK Encoder Market, By Type - Revenue and Forecast to 2027 (US$ Million)

Table 44. UK Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 45. UK Encoder Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 46. UK Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 47. UK Encoder Market, By End-User - Revenue and Forecast to 2027 (US$ Million)

Table 48. Russia Encoder Market, By Type - Revenue and Forecast to 2027 (US$ Million)

Table 49. Russia Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 50. Russia Encoder Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 51. Russia Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 52. Russia Encoder Market, By End-User - Revenue and Forecast to 2027 (US$ Million)

Table 53. Rest of Europe Encoder Market, By Type - Revenue and Forecast to 2027 (US$ Million)

Table 54. Rest of Europe Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 55. Rest of Europe Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 56. Rest of Europe Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 57. Rest of Europe Encoder Market, By End-User - Revenue and Forecast to 2027 (US$ Million)

Table 58. APAC: Encoder Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 59. APAC: Encoder Market, by Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 60. APAC: Encoder Market, by Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 61. APAC: Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 62. APAC: Encoder Market, By End User - Revenue and Forecast to 2027 (US$ Million)

Table 63. APAC: Encoder Market, By Country - Revenue and Forecast to 2027 (US$ Million)

Table 64. Australia: Encoder Market, By Type - Revenue and Forecast to 2027 (US$ Million)

Table 66. Australia: Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 67. Australia: Encoder Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 68. Australia: Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 69. Australia: Encoder Market, By End-User - Revenue and Forecast to 2027 (US$ Million)

Table 70. China: Encoder Market, By Type - Revenue and Forecast to 2027 (US$ Million)

Table 71. China: Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 72. China: Encoder Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 73. China: Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 74. China: Encoder Market, By End-User - Revenue and Forecast to 2027 (US$ Million)

Table 75. India: Encoder Market, By Type - Revenue and Forecast to 2027 (US$ Million)

Table 76. India: Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 77. India: Encoder Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 78. India: Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 79. India: Encoder Market, By End-User - Revenue and Forecast to 2027 (US$ Million)

Table 80. Japan: Encoder Market, By Type - Revenue and Forecast to 2027 (US$ Million)

Table 82. Japan: Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 83. Japan: Encoder Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 84. Japan: Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 85. Japan: Encoder Market, By End-User - Revenue and Forecast to 2027 (US$ Million)

Table 86. South Korea: Encoder Market, By Type - Revenue and Forecast to 2027 (US$ Million)

Table 88. South Korea: Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 89. South Korea: Encoder Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 90. South Korea: Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 91. South Korea: Encoder Market, By End-User - Revenue and Forecast to 2027 (US$ Million)

Table 92. Rest of APAC: Encoder Market, By Type - Revenue and Forecast to 2027 (US$ Million)

Table 94. Rest of APAC: Encoder Market, By Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 95. Rest of APAC: Encoder Market, By Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 96. Rest of APAC Encoder Market, By Technology - Revenue and Forecast to 2027 (US$ Million)

Table 97. Rest of APAC: Encoder Market, By End-User - Revenue and Forecast to 2027 (US$ Million)

Table 98. MEA: Encoders Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 99. MEA :Network Security Firewall Market, by Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 100. MEA :Network Security Firewall Market, by Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 101. MEA: Encoders Market, by Technology - Revenue and Forecast to 2027 (US$ Million)

Table 102. MEA: Encoders Market, by End-User - Revenue and Forecast to 2027 (US$ Million)

Table 103. Saudi Arabia: Encoders Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 104. Saudi Arabia: Encoders Market, by Linear Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 105. Saudi Arabia: Encoders Market, by Rotary Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 106. Saudi Arabia: Encoders Market, by Technology - Revenue and Forecast to 2027 (US$ Million)

Table 107. Saudi Arabia: Encoders Market, by End-User - Revenue and Forecast to 2027 (US$ Million)

Table 108. UAE: Encoders Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 109. UAE: Encoders Market, by Linear Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 110. UAE: Encoders Market, by Rotary Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 111. UAE: Encoders Market, by Technology - Revenue and Forecast to 2027 (US$ Million)

Table 112. UAE: Encoders Market, by End-User - Revenue and Forecast to 2027 (US$ Million)

Table 113. South Africa: Encoders Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 114. South Africa: Encoders Market, by Linear Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 115. South Africa: Encoders Market, by Rotary Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 116. South Africa: Encoders Market, by Technology - Revenue and Forecast to 2027 (US$ Million)

Table 117. South Africa: Encoders Market, by End-User - Revenue and Forecast to 2027 (US$ Million)

Table 118. Rest of MEA: Encoders Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 119. Rest of MEA: Encoders Market, by Linear Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 120. Rest of MEA: Encoders Market, by Rotary Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 121. Rest of MEA: Encoders Market, by Technology - Revenue and Forecast to 2027 (US$ Million)

Table 122. Rest of MEA: Encoders Market, by End-User - Revenue and Forecast to 2027 (US$ Million)

Table 123. SAM: Encoders Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 124. SAM :Network Security Firewall Market, by Linear Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 125. SAM :Network Security Firewall Market, by Rotary Encoder - Revenue and Forecast to 2027 (US$ Million)

Table 126. SAM: Encoders Market, by Technology - Revenue and Forecast to 2027 (US$ Million)

Table 127. SAM: Encoders Market, by End-User - Revenue and Forecast to 2027 (US$ Million)

Table 128. Brazil: Encoders Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 129. Brazil: Encoders Market, by Linear Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 130. Brazil: Encoders Market, by Rotary Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 131. Brazil: Encoders Market, by Technology - Revenue and Forecast to 2027 (US$ Million)

Table 132. Brazil: Encoders Market, by End-User - Revenue and Forecast to 2027 (US$ Million)

Table 133. Argentina: Encoders Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 134. Argentina: Encoders Market, by Linear Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 135. Argentina: Encoders Market, by Rotary Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 136. Argentina: Encoders Market, by Technology - Revenue and Forecast to 2027 (US$ Million)

Table 137. Argentina: Encoders Market, by End-User - Revenue and Forecast to 2027 (US$ Million)

Table 138. Rest of SAM: Encoders Market, by Type - Revenue and Forecast to 2027 (US$ Million)

Table 139. Rest of SAM: Encoders Market, by Linear Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 140. Rest of SAM: Encoders Market, by Rotary Encoder -Revenue and Forecast to 2027 (US$ Million)

Table 141. Rest of SAM: Encoders Market, by Technology - Revenue and Forecast to 2027 (US$ Million)

Table 142. Rest of SAM: Encoders Market, by End-User - Revenue and Forecast to 2027 (US$ Million)

Table 143. List of Abbreviation

LIST OF FIGURES

Figure 1. Encoder Market Segmentation

Figure 2. Encoder Market Segmentation - By Geography

Figure 3. Global Encoder Market Overview

Figure 4. Encoder Market, by Geography

Figure 5. Encoder Market, By Type

Figure 6. North America - PEST Analysis

Figure 7. Asia-Pacific - PEST Analysis

Figure 8. Europe - PEST Analysis

Figure 9. Middle East & Africa - PEST Analysis

Figure 10. South America - PEST Analysis

Figure 11. Encoder Market Impact Analysis of Drivers And Restraints

Figure 12. Global Encoder Market

Figure 13. Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 14. Encoder Market Breakdown, by Type (2019 and 2027)

Figure 15. Linear Encoder Market Revenue and Forecast To 2027(US$ Million)

Figure 16. Incremental Encoder: Encoder Linear Encoder Market Revenue and Forecast To 2027(US$ Million)

Figure 17. Absolute Encoder: Encoder Linear Encoder Market Revenue and Forecast To 2027(US$ Million)

Figure 18. Rotary Encoder Market Revenue and Forecast To 2027(US$ Million)

Figure 19. Incremental Encoder: Encoder Rotary Encoder Market Revenue and Forecast To 2027(US$ Million)

Figure 20. Absolute Encoder: Encoder Rotary Encoder Market Revenue and Forecast To 2027(US$ Million)

Figure 21. Encoder Market Breakdown, by Technology (2019 and 2027)

Figure 22. Magnetic Market Revenue and Forecast to 2027(US$ Million)

Figure 23. Optical Market Revenue and Forecast to 2027(US$ Million)

Figure 24. Others Market Revenue and Forecast to 2027(US$ Million)

Figure 25. Encoder Market Breakdown, by End User (2019 and 2027)

Figure 26. Aerospace Market Revenue and Forecast to 2027(US$ Million)

Figure 27. Automotive Market Revenue and Forecast to 2027(US$ Million)

Figure 28. Food and Beverages Market Revenue and Forecast to 2027(US$ Million)

Figure 29. Medical Market Revenue and Forecast to 2027(US$ Million)

Figure 30. Consumer Electronics Market Revenue and Forecast to 2027(US$ Million)

Figure 31. Printing Market Revenue and Forecast to 2027(US$ Million)

Figure 32. Others Market Revenue and Forecast to 2027(US$ Million)

Figure 33. Encoders Market Revenue Share, By Region (2019 and 2027)

Figure 34. North America: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 35. North America: Encoders Market Revenue Share, by Type (2019 and 2027)

Figure 36. North America: Encoders Market Revenue Share, by Technology (2019 and 2027)

Figure 37. North America: Encoders Market Revenue Share, by End-User (2019 and 2027)

Figure 38. North America: Encoders Market Revenue Share, by Key Country (2019 and 2027)

Figure 39. US: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 40. Canada: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 41. Mexico: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 42. Europe: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 43. Europe: Encoder Market Revenue Share, By Type (2019 and 2027)

Figure 44. Europe: Encoder Market Revenue Share, By Technology (2019 and 2027)

Figure 45. Europe: Encoder Market Revenue Share, By End-User (2019 and 2027)

Figure 46. Europe: Encoder Market Revenue Share, By Country (2019 and 2027)

Figure 47. Germany: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 48. France: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 49. Italy: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 50. UK: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 51. Russia: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 52. Rest of Europe: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 53. APAC: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 54. APAC: Encoder Market Revenue Share, By Type (2019 and 2027)

Figure 55. APAC: Encoder Market Revenue Share, By Technology (2019 and 2027)

Figure 56. APAC: Encoder Market Revenue Share, By End-User (2019 and 2027)

Figure 57. APAC: Encoder Market Revenue Share, By Country (2019 and 2027)

Figure 58. Australia: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 59. China: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 60. India: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 61. Japan: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 62. South Korea: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 63. Rest of APAC: Encoder Market - Revenue and Forecast to 2027 (US$ Million)

Figure 64. MEA: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 65. MEA: Encoders Market Revenue Share, by Type (2019 and 2027)

Figure 66. MEA: Encoders Market Revenue Share, by Technology (2019 and 2027)

Figure 67. MEA: Encoders Market Revenue Share, by End-User (2019 and 2027)

Figure 68. MEA: Encoders Market Revenue Share, by Key Country (2019 and 2027)

Figure 69. Saudi Arabia: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 70. UAE: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 71. South Africa: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 72. Rest of MEA: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 73. SAM: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 74. SAM: Encoders Market Revenue Share, by Type (2019 and 2027)

Figure 75. SAM: Encoders Market Revenue Share, by Technology (2019 and 2027)

Figure 76. SAM: Encoders Market Revenue Share, by End-User (2019 and 2027)

Figure 77. SAM: Encoders Market Revenue Share, by Key Country (2019 and 2027)

Figure 78. Brazil: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 79. Argentina: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 80. Rest of SAM: Encoders Market - Revenue and Forecast to 2027 (US$ Million)

Figure 81. IMPACT OF COVID-19 PANDEMIC IN NORTH AMERICAN COUNTRY MARKETS

Figure 82. IMPACT OF COVID-19 PANDEMIC IN EUROPE COUNTRY MARKETS

Figure 83. IMPACT OF COVID-19 PANDEMIC IN ASIA PACIFIC COUNTRY MARKETS

Figure 84. IMPACT OF COVID-19 PANDEMIC IN MIDDLE EAST AND AFRICA COUNTRY MARKETS

Figure 85. IMPACT OF COVID-19 PANDEMIC IN SOUTH AMERICA COUNTRY MARKETS

The List of companies - Encoder Market

  1. Delta Electronics, Inc.
  2. Dahua Technology CO., Ltd
  3. Omron Corporation
  4. ELCO Holding
  5. FRABA B.V.
  6. FSI Technologies Inc.
  7. Renishaw Plc.
  8. Rockwell Automation, Inc.
  9. Scancon Encoders A/S
  10. Servotechnik GmbH

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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