Optical Encoder Market Research Report - Global Forecast till 2027

Optical Encoder Market Research Report: by Type (Incremental, Absolute), Channel (1 Channel, 2 Channels, 4 Channels and more than 8 Channels), End User (Automotive, Electronics, Medical Devices, Textile & Printing Machinery, Aviation and Others) - Forecast till 2027

ID: MRFR/SEM/6460-HCR | February 2021 | Region: Global | 111 pages

Please note that the assessment period of report has been updated from 2018-2024 to 2020-2027. Cordially fill Sample form for updated data.

Impact of COVID-19 on the Optical Encoders Market


An optical encoder is a type of rotary encoder that utilizes a sensor to recognize the position variation as light passes via a patterned encoder disk or wheel. It uses pulses of views to represent data. The major factors driving the growth of the market include the increasing demand for consumer electronics products as well as the growing printed circuit boards market. Also, the miniaturization of electronic components has led to the rising demand for optical encoders around the globe. However, the outbreak of COVID-19 has changed the entire scenario. China is a hub for the production of raw materials, and also the place where COVID-19 originated. This has rapidly hampered the production of consumer electronics products. The lockdowns imposed by governments worldwide to contain the spread of the pandemic have shut down manufacturing facilities globally, which has drastically impacted the production of electronic products and thus lowered the adoption of optical encoders across the globe. Besides, changes in the consumers’ buying behavior have drastically affected the growth of the market.


The halt in the production of miniaturized components has also hampered the growth of the optical encoders market. According to the MRFR analysis, Asia-Pacific dominated the market due to the presence of a large number of electronic component manufacturers. This has resulted due to the enterprises’ high adoption of optical encoders to improve efficiency. Besides, the availability of low-cost raw materials has led to the mass production of inexpensive optical encoders in the region. Gradual relaxations in the lockdowns in some of the countries are expected to help the demand for optical encoders recover in the coming years.


Global Printed Circuit Board (PCB) Product Sales Value, 2014–2019 (USD Billion)


Source: Statista


Impact Analysis

Table of Contents

1 Executive Summary

1.1 Market Attractiveness Analysis

1.2 Global Optical Encoders Market, by Type

1.3 Global Optical Encoders Market, by Channel

1.4 Global Optical Encoders Market, by End User

1.5 Global Optical Encoders Market, by Region

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Markets Structure

2.4 Key Buying Criteria

2.5 Macro Factor Indicator Analysis

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

3.5 List of Assumptions

4 Market Insights

5 Market Dynamics

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Technological Trends

5.7 Regulatory Landscape/Standards

6 Market Factor Analysis

6.1 Supply/Value Chain Analysis

6.1.1 R&D

6.1.2 Manufacturing

6.1.3 Distribution & Sales

6.1.4 Post-Sales Monitoring

6.2 Porter’s Five Forces Model

6.2.1 Threat of New Entrants

6.2.2 Bargaining Power of Suppliers

6.2.3 Bargaining Power of Buyers

6.2.4 Threat of Substitutes

6.2.5 Intensity of Rivalry

7. Global Optical Encoders Market, by Type

7.1 Introduction

7.2 Incremental

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Absolute

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Optical Encoders Market, by Channel

8.1 Introduction

8.2 1 Channel

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 2 Channel

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

8.4 4 Channel

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Region, 2020–2027

8.5 More than 8 Channels

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, by Region, 2020–2027

9. Global Optical Encoders Market, by End User

9.1 Introduction

9.2 Automotive

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, by Region, 2020–2027

9.3 Electronics

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, by Region, 2020–2027

9.4 Medical Devices

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast, by Region, 2020–2027

9.5 Textile & Printing Machinery

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast, by Region, 2020–2027

9.6 Aviation

9.6.1 Market Estimates & Forecast, 2020–2027

9.6.2 Market Estimates & Forecast, by Region, 2020–2027

9.7 Others

9.7.1 Market Estimates & Forecast, 2020–2027

9.7.2 Market Estimates & Forecast, by Region, 2020–2027

10. Global Optical Encoders Market, by Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, by Country, 2020–2027

10.2.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.2.3 Market Estimates & Forecast, by Type, 2020–2027

10.2.4 Market Estimates & Forecast, by End User, 2020–2027

10.2.5 US

10.2.5.1 Market Estimates & Forecast, 2020–2027

10.2.5.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.2.5.3 Market Estimates & Forecast, by Type, 2020–2027

10.2.5.4 Market Estimates & Forecast, by End User, 2020–2027

10.2.6 Canada

10.2.6.1 Market Estimates & Forecast, 2020–2027

10.2.6.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.2.6.3 Market Estimates & Forecast, by Type, 2020–2027

10.2.6.4 Market Estimates & Forecast, by End User, 2020–2027

10.2.7 Mexico

10.2.7.1 Market Estimates & Forecast, 2020–2027

10.2.7.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.2.7.3 Market Estimates & Forecast, by Type, 2020–2027

10.2.7.4 Market Estimates & Forecast, by End User, 2020–2027

10.3 Europe

10.3.1 Market Estimates & Forecast, by Country, 2020–2027

10.3.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.3.3 Market Estimates & Forecast, by Type, 2020–2027

10.3.4 Market Estimates & Forecast, by End User, 2020–2027

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, 2020–2027

10.3.5.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.3.5.3 Market Estimates & Forecast, by Type, 2020–2027

10.3.5.4 Market Estimates & Forecast, by End User, 2020–2027

10.3.6 UK

10.3.6.1 Market Estimates & Forecast, 2020–2027

10.3.6.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.3.6.3 Market Estimates & Forecast, by Type, 2020–2027

10.3.6.4 Market Estimates & Forecast, by End User, 2020–2027

10.3.7 France

10.3.7.1 Market Estimates & Forecast, 2020–2027

10.3.7.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.3.7.3 Market Estimates & Forecast, by Type, 2020–2027

10.3.7.4 Market Estimates & Forecast, by End User, 2020–2027

10.3.8 Italy

10.3.8.1 Market Estimates & Forecast, 2020–2027

10.3.8.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.3.8.3 Market Estimates & Forecast, by Type 2020–2027

10.3.8.4 Market Estimates & Forecast, by End User, 2020–2027

10.3.10 Rest of Europe

10.3.10.1 Market Estimates & Forecast, 2020–2027

10.3.10.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.3.10.3 Market Estimates & Forecast, by Type, 2020–2027

10.3.10.4 Market Estimates & Forecast, by End User, 2020–2027

10.4 Asia-Pacific

10.4.1 Market Estimates & Forecast, by Country, 2020–2027

10.4.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.4.3 Market Estimates & Forecast, by Type, 2020–2027

10.4.4 Market Estimates & Forecast, by End User, 2020–2027

10.4.5 Japan

10.4.5.1 Market Estimates & Forecast, 2020–2027

10.4.5.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.4.5.3 Market Estimates & Forecast, by Type, 2020–2027

10.4.5.4 Market Estimates & Forecast, by End User, 2020–2027

10.4.6 China

10.4.6.1 Market Estimates & Forecast, 2020–2027

10.4.6.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.4.6.3 Market Estimates & Forecast, by Type, 2020–2027

10.4.6.4 Market Estimates & Forecast, by End User, 2020–2027

10.4.7 India

10.4.7.1 Market Estimates & Forecast, 2020–2027

10.4.7.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.4.7.3 Market Estimates & Forecast, by Type, 2020–2027

10.4.7.4 Market Estimates & Forecast, by End User, 2020–2027

10.4.8 Rest of Asia-Pacific

10.4.8.1 Market Estimates & Forecast, 2020–2027

10.4.8.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.4.8.3 Market Estimates & Forecast, by Type, 2020–2027

10.4.8.4 Market Estimates & Forecast, by End User, 2020–2027

10.5 Rest of the World

10.5.1 Market Estimates & Forecast, by Region, 2020–2027

10.5.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.5.3 Market Estimates & Forecast, by Type, 2020–2027

10.5.4 Market Estimates & Forecast, by End User, 2020–2027

10.5.5 Middle East & Africa

10.5.5.1 Market Estimates & Forecast, 2020–2027

10.5.5.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.5.5.3 Market Estimates & Forecast, by Type, 2020–2027

10.5.5.4 Market Estimates & Forecast, by End User, 2020–2027

10.5.6 South America

10.5.6.1 Market Estimates & Forecast, 2020–2027

10.5.6.2 Market Estimates & Forecast, by Storage Pattern, 2020–2027

10.5.6.3 Market Estimates & Forecast, by Type, 2020–2027

10.5.4.4 Market Estimates & Forecast, by End User, 2020–2027

11. Company Landscape

11.1 Competitive Overview

11.2 Competitor Dashboard

11.3 Major Growth Strategy in the Global Optical Encoders Market

11.4 Competitive Benchmarking

11.5 Key Developments & Growth Strategies

11.5.1 New Product Launch/Service Deployment

11.5.2 Merger & Acquisition

11.5.3 Joint Ventures

12. Company Profiles

12.1 Broadcom

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 BEI Sensors

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 Rockwell Automation Inc.

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 Renishaw Plc.

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Dynapar

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 Allied Motion Technologies Inc.

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 Codechamp SA

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 Turck Holding GmbH

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 Honeywell International Inc.

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 GrayHill Inc.

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

12.11 Tokyo Sokuteikizai Co., Ltd.

12.11.1 Company Overview

12.11.2 Product/Business Segment Overview

12.11.3 Financial Updates

12.11.4 Key Developments

12.12 Bourns Inc.

12.12.1 Company Overview

12.12.2 Product/Business Segment Overview

12.12.3 Financial Updates

12.12.4 Key Developments

12.13 Baumer Group

12.13.1 Company Overview

12.13.2 Product/Business Segment Overview

12.13.3 Financial Updates

12.13.4 Key Developments

12.14 Faulhaber Group

12.14.1 Company Overview

12.14.2 Product/Business Segment Overview

12.14.3 Financial Updates

12.14.4 Key Developments

12.15 CTS Corporation

12.15.1 Company Overview

12.15.2 Product/Business Segment Overview

12.15.3 Financial Updates

12.15.4 Key Developments

13 Conclusion


LIST OF TABLES

Table 1 Global Optical Encoders Market, by Region, 2020–2027

Table 2 North America: Optical Encoders Market, by Country, 2020–2027

Table 3 Europe: Optical Encoders Market, by Country, 2020–2027

Table 4 Asia-Pacific: Optical Encoders Market, by Country, 2020–2027

Table 5 Middle East & Africa: Optical Encoders Market, by Country, 2020–2027

Table 6 South America: Optical Encoders Market, by Country, 2020–2027

Table 7 Global Optical Encoders Type Market, by Region, 2020–2027

Table 8 North America: Optical Encoders Type Market, by Country, 2020–2027

Table 9 Europe: Optical Encoders Type Market, by Country, 2020–2027

Table 10 Asia-Pacific: Optical Encoders Type Market, by Country, 2020–2027

Table 11 Middle East & Africa: Optical Encoders Type Market, by Country, 2020–2027

Table 12 South America: Optical Encoders Type Market, by Country, 2020–2027

Table 13 Global Optical Encoders End User Market, by Region, 2020–2027

Table 14 North America: Optical Encoders End User Market, by Country, 2020–2027

Table 14 Europe: Optical Encoders End User Market, by Country, 2020–2027

Table 16 Asia-Pacific: Optical Encoders End User Market, by Country, 2020–2027

Table 17 Middle East & Africa: Optical Encoders End User Market, by Country, 2020–2027

Table 18 South America: Optical Encoders End User Market, by Country, 2020–2027

Table 19 Global Type Market, by Region, 2020–2027

Table 20 Global End User Market, by Region, 2020–2027

Table 21 North America: Optical Encoders Market, by Country

Table 22 North America: Optical Encoders Market, by Type

Table 23 North America: Optical Encoders Market, by End User

Table 24 Europe: Optical Encoders Market, by Country

Table 25 Europe: Optical Encoders Market, by Type

Table 26 Europe: Optical Encoders Market, by End User

Table 27 Asia-Pacific: Optical Encoders Market, by Country

Table 28 Asia-Pacific: Optical Encoders Market, by Type

Table 29 Asia-Pacific: Optical Encoders Market, by End User

Table 30 Middle East & Africa: Optical Encoders Market, by Country

Table 31 Middle East & Africa: Optical Encoders Market, by Type

Table 32 Middle East & Africa: Optical Encoders Market, by End User

Table 33 South America: Optical Encoders Market, by Country

Table 34 South America: Optical Encoders Market, by Type

Table 35 South America: Optical Encoders Market, by End User

LIST OF FIGURES

FIGURE 1 Global Optical Encoders Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of the Global Optical Encoders Market

FIGURE 4 Value Chain of the Global Optical Encoders Market

FIGURE 5 Share of the Global Optical Encoders Market in 2020, by Country (in %)

FIGURE 6 Global Optical Encoders Market, 2020–2027

FIGURE 10 Global Optical Encoders Market Size, by Type, 2020

FIGURE 11 Share of the Global Optical Encoders Market, by Type, 2020–2027

FIGURE 12 Global Optical Encoders Market Size, by End User, 2020–2027

FIGURE 13 Share of the Global Optical Encoders Market, by End User, 2020–2027