Market Overview:
The global absolute rotary encoders market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for absolute rotary encoders in clinical diagnostics and research applications. Additionally, the growing trend of miniaturization is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period. On basis of type, LC-MS segment is expected to account for majority share in global absolute rotary encoders market by 2030 end owing to its advantages over other types such as GC-MS and others segments.
Product Definition:
An absolute rotary encoder is a type of position encoder that uses a code wheel and optical sensors to track the position of a rotating shaft. The code wheel has evenly spaced markings around its edge, and the optical sensors detect these markings as they pass by. This allows the encoder to track the absolute position of the shaft, even if it starts at some arbitrary point in its rotation.
LC-MS:
The LC-MS is a type of liquid chromatography used in the analysis of complex mixtures. It is widely used for pharmaceutical and biotechnological applications. The technique allows separation and identification of components based on different polarity & charges, as well as the size & shape characteristics.
GC-MS:
Gas Chromatography-Mass Spectrometry (GC-MS) is a technique used for the analysis of complex mixtures. It is an analytical tool that helps in separating and analyzing different compounds present in a mixture by using different techniques such as chromatography, ion mobility spectrometry, and mass spectrometry. This technology has wide applications in industries such as pharmaceuticals, food & beverages, environmental testing laboratories among others.
Application Insights:
The clinical diagnostics segment dominated the global absolute rotary encoders market in 2017. This is attributed to a rising number of applications in various fields such as medical testing, food & beverage quality control, environmental monitoring and others. The demand for rapid diagnostic tests is also increasing with the advent of novel technologies such as handheld devices that can conduct blood glucose tests and cholesterol analysis.
Increasing investments by governments across the world to improve healthcare infrastructure are expected to drive growth over the forecast period. For instance, according to WHO data published in 2018, there are still too many hospitals without electricity supply or water connections which hampers their ability to provide better services leading to an increase in demand for rotaryencoder-based automated laboratories around 2030 CEF (Global COVID-19).
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017 owing to the presence of a large number of global players and increased outsourcing activities in this region. The demand is expected to remain high due to growing applications across various industries such as food & beverage, pharmaceuticals, logistics, automotive and others.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to increasing government initiatives for developing healthcare infrastructure coupled with rising awareness about advanced technologies among end-users. Moreover, economic development in countries such as India and China are likely boost market growth during the forecast period.
Growth Factors:
- Increasing demand from the automotive industry for absolute rotary encoders for accurate and reliable speed sensing in vehicles.
- Growing demand from the medical equipment industry for absolute rotary encoders to accurately measure and monitor various parameters in medical devices.
- Increasing use of absolute rotary encoders in industrial automation applications to improve accuracy and efficiency of manufacturing processes.
- Rising popularity of precision motion control systems that employ absolute rotary encoders for high-precision motion tracking and control.
- Technological advancements in absolute rotary encoder technology that offer enhanced performance, reliability, and accuracy over traditional technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Absolute Rotary Encoders Market Research Report
By Type
LC-MS, GC-MS, Others
By Application
Clinical Diagnostics, Clinical Research
By Companies
AB Sciex (Danaher), Bruker, Thermo Fisher, Agilent, Waters, Perkin Elmer, Shidmazu
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Absolute Rotary Encoders Market Report Segments:
The global Absolute Rotary Encoders market is segmented on the basis of:
Types
LC-MS, GC-MS, Others
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
Clinical Diagnostics, Clinical Research
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:
- AB Sciex (Danaher)
- Bruker
- Thermo Fisher
- Agilent
- Waters
- Perkin Elmer
- Shidmazu
Highlights of The Absolute Rotary Encoders 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:
- LC-MS
- GC-MS
- Others
- By Application:
- Clinical Diagnostics
- Clinical Research
- 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 Absolute Rotary Encoders 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.
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- Correctly Positioning New Products
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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?
Absolute rotary encoders are a type of encoder that use absolute positioning to measure the position of an object. This means that the encoder does not rely on any external references, such as a coordinate system or angle measurements.
Some of the key players operating in the absolute rotary encoders market are AB Sciex (Danaher), Bruker, Thermo Fisher, Agilent, Waters, Perkin Elmer, Shidmazu.
The absolute rotary encoders market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Absolute Rotary Encoders Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Absolute Rotary Encoders Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Absolute Rotary Encoders Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Absolute Rotary Encoders Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Absolute Rotary Encoders Market Size & Forecast, 2020-2028
4.5.1 Absolute Rotary Encoders Market Size and Y-o-Y Growth
4.5.2 Absolute Rotary Encoders Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 LC-MS
5.2.2 GC-MS
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Clinical Diagnostics
6.2.2 Clinical Research
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Absolute Rotary Encoders Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Absolute Rotary Encoders Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 LC-MS
9.6.2 GC-MS
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Clinical Diagnostics
9.10.2 Clinical Research
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 LC-MS
10.6.2 GC-MS
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Clinical Diagnostics
10.10.2 Clinical Research
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 LC-MS
11.6.2 GC-MS
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Clinical Diagnostics
11.10.2 Clinical Research
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 LC-MS
12.6.2 GC-MS
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Clinical Diagnostics
12.10.2 Clinical Research
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 LC-MS
13.6.2 GC-MS
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Clinical Diagnostics
13.10.2 Clinical Research
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Absolute Rotary Encoders Market: Competitive Dashboard
14.2 Global Absolute Rotary Encoders Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AB Sciex (Danaher)
14.3.2 Bruker
14.3.3 Thermo Fisher
14.3.4 Agilent
14.3.5 Waters
14.3.6 Perkin Elmer
14.3.7 Shidmazu
