Market Overview:
The global draw wire encoder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The increasing demand for lifting platforms, automotive and aerospace, hydraulic cylinder, factory automation, medical devices and others are some of the major factors driving the growth of the global draw wire encoder market. Additionally, technological advancements in absolute draw wire encoders are also propelling the growth of this market. However, high installation and maintenance costs may restrain the growth of this market to some extent during the forecast period.
Product Definition:
A draw wire encoder is a sensor that detects the position of a rotating shaft by measuring the position of a wire drawn around it. The importance of this type of sensor lies in its ability to provide an absolute measure, as opposed to other types which rely on relative movement. This makes it ideal for use in precision applications where accuracy is paramount.
Absolute Draw Wire Encoder:
Absolute draw wire encoder is a device used to measure the length of drawn wire in industrial applications. It’s major application includes measuring the travel distance in between two points on a drawing machine or other machine tool. Absolute draw wire encoders are also known as pull-wire gauges, pull-wire meters, or just wires.
Incremental Draw Wire Encoder:
Incremental draw wire encoder is a device used to measure the current drawn by electric equipment. It consists of two metal wires that are passed through the circuit and electrical equipment such as motors, transformers, switch gear etc. The current between these two wires is measured using an electronic sensor and displayed on digital readout.
The major application areas where incremental draw wire encoders are used include construction industry, power & utility industry.
Application Insights:
The lifting platforms application segment led the global draw wire encoder market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to its increasing adoption in industrial applications, such as material handling and storage facilities. Furthermore, technological advancements for increased accuracy are expected to fuel the demand for these devices over the coming years.
Increasing demand for advanced technologies that provide real-time data transmission has resulted in an upsurge in their adoption across various industries including automotive and aerospace manufacturing facilities automation sectors among others.
Regional Analysis:
Asia Pacific dominated the global draw wire encoder market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrial automation, especially in China and India. In addition, rising investments by governments for improving infrastructure facilities are anticipated to fuel product demand during the forecast period.
The Asia Pacific region is characterized by a large number of manufacturers that offer cost-effective products with advanced features such as programmable resolution output or ability to work on different voltage supply (battery operated). These factors have contributed significantly towards regional growth over the past few years. However, stringent government regulations regarding energy consumption may hamper industry expansion in some countries such as Japan and South Korea during future years from 2018 to 2030.
Growth Factors:
- Increasing demand from automotive industry for advanced safety features
- Growing demand for encoders in medical and industrial applications
- Rising adoption of draw wire encoders in packaging and printing industries
- Technological advancements in draw wire encoder technology
- Growing popularity of machine-to-machine communication
Scope Of The Report
Report Attributes
Report Details
Report Title
Draw Wire Encoder Market Research Report
By Type
Absolute Draw Wire Encoder, Incremental Draw Wire Encoder
By Application
Lifting Platforms, Automotive And Aerospace, Hydraulic Cylinder, Factory Automation, Medical Devices, Others
By Companies
Dynapar, Roundss Encoder, SICK, Pepperl+Fuchs, BEI Sensors, Kubler Group, Wachendorff, LARM a.s., Jinan Kaisi Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Draw Wire Encoder Market Report Segments:
The global Draw Wire Encoder market is segmented on the basis of:
Types
Absolute Draw Wire Encoder, Incremental Draw Wire Encoder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Lifting Platforms, Automotive And Aerospace, Hydraulic Cylinder, Factory Automation, Medical Devices, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dynapar
- Roundss Encoder
- SICK
- Pepperl+Fuchs
- BEI Sensors
- Kubler Group
- Wachendorff
- LARM a.s.
- Jinan Kaisi Technology
Highlights of The Draw Wire Encoder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Absolute Draw Wire Encoder
- Incremental Draw Wire Encoder
- By Application:
- Lifting Platforms
- Automotive And Aerospace
- Hydraulic Cylinder
- Factory Automation
- Medical Devices
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Draw Wire Encoder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Draw Wire Encoder is a device that can be used to encode data into a series of electrical pulses. This type of encoder is often used in industrial applications, such as machine control and robotics.
Some of the key players operating in the draw wire encoder market are Dynapar, Roundss Encoder, SICK, Pepperl+Fuchs, BEI Sensors, Kubler Group, Wachendorff, LARM a.s., Jinan Kaisi Technology.
The draw wire encoder market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Draw Wire Encoder Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Draw Wire Encoder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Draw Wire Encoder Market - Supply Chain
4.5. Global Draw Wire Encoder Market Forecast
4.5.1. Draw Wire Encoder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Draw Wire Encoder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Draw Wire Encoder Market Absolute $ Opportunity
5. Global Draw Wire Encoder Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Draw Wire Encoder Market Size and Volume Forecast by Type
5.3.1. Absolute Draw Wire Encoder
5.3.2. Incremental Draw Wire Encoder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Draw Wire Encoder Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Draw Wire Encoder Market Size and Volume Forecast by Application
6.3.1. Lifting Platforms
6.3.2. Automotive And Aerospace
6.3.3. Hydraulic Cylinder
6.3.4. Factory Automation
6.3.5. Medical Devices
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Draw Wire Encoder Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Draw Wire Encoder Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Draw Wire Encoder Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Draw Wire Encoder Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Draw Wire Encoder Demand Share Forecast, 2019-2026
9. North America Draw Wire Encoder Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Draw Wire Encoder Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Draw Wire Encoder Market Size and Volume Forecast by Application
9.4.1. Lifting Platforms
9.4.2. Automotive And Aerospace
9.4.3. Hydraulic Cylinder
9.4.4. Factory Automation
9.4.5. Medical Devices
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Draw Wire Encoder Market Size and Volume Forecast by Type
9.7.1. Absolute Draw Wire Encoder
9.7.2. Incremental Draw Wire Encoder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Draw Wire Encoder Demand Share Forecast, 2019-2026
10. Latin America Draw Wire Encoder Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Draw Wire Encoder Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Draw Wire Encoder Market Size and Volume Forecast by Application
10.4.1. Lifting Platforms
10.4.2. Automotive And Aerospace
10.4.3. Hydraulic Cylinder
10.4.4. Factory Automation
10.4.5. Medical Devices
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Draw Wire Encoder Market Size and Volume Forecast by Type
10.7.1. Absolute Draw Wire Encoder
10.7.2. Incremental Draw Wire Encoder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Draw Wire Encoder Demand Share Forecast, 2019-2026
11. Europe Draw Wire Encoder Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Draw Wire Encoder Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Draw Wire Encoder Market Size and Volume Forecast by Application
11.4.1. Lifting Platforms
11.4.2. Automotive And Aerospace
11.4.3. Hydraulic Cylinder
11.4.4. Factory Automation
11.4.5. Medical Devices
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Draw Wire Encoder Market Size and Volume Forecast by Type
11.7.1. Absolute Draw Wire Encoder
11.7.2. Incremental Draw Wire Encoder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Draw Wire Encoder Demand Share, 2019-2026
12. Asia Pacific Draw Wire Encoder Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Draw Wire Encoder Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Draw Wire Encoder Market Size and Volume Forecast by Application
12.4.1. Lifting Platforms
12.4.2. Automotive And Aerospace
12.4.3. Hydraulic Cylinder
12.4.4. Factory Automation
12.4.5. Medical Devices
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Draw Wire Encoder Market Size and Volume Forecast by Type
12.7.1. Absolute Draw Wire Encoder
12.7.2. Incremental Draw Wire Encoder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Draw Wire Encoder Demand Share, 2019-2026
13. Middle East & Africa Draw Wire Encoder Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Draw Wire Encoder Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Draw Wire Encoder Market Size and Volume Forecast by Application
13.4.1. Lifting Platforms
13.4.2. Automotive And Aerospace
13.4.3. Hydraulic Cylinder
13.4.4. Factory Automation
13.4.5. Medical Devices
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Draw Wire Encoder Market Size and Volume Forecast by Type
13.7.1. Absolute Draw Wire Encoder
13.7.2. Incremental Draw Wire Encoder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Draw Wire Encoder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Draw Wire Encoder Market: Market Share Analysis
14.2. Draw Wire Encoder Distributors and Customers
14.3. Draw Wire Encoder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dynapar
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Roundss Encoder
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SICK
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pepperl+Fuchs
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BEI Sensors
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kubler Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wachendorff
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LARM a.s.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jinan Kaisi Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
