Market Overview:
The global multi-turn 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 precision and accuracy in industrial applications, rising adoption of automation in various industries, and growing demand for smart factories. Based on type, the global multi-turn absolute rotary encoders market is segmented into ≤20 bit and ≥20 bit segments. The ≥20 bit segment is expected to grow at a higher CAGR than the ≤20 bit segment during the forecast period from 2018 to 2030. This can be attributed to the increasing demand for high-resolution rotary encoders in industrial applications. Based on application, the global multi-turn absolute rotary encoders market is divided into healthcare, machine tool, consumer electronics, assembly equipment, and others segments.
Product Definition:
Multi-turn absolute rotary encoders provide a position feedback signal that corresponds to the number of turns of the shaft, regardless of where it is started. This eliminates the need to calibrate each time the device is used, making it ideal for applications where accurate positioning is critical.
＜20 Bit:
20-bit means a range of encoder resolution from 0 to 9999999999.99, where the higher the better. It is used in rotaryencoders for precise positioning of parts in machinery or assembly line production systems and also used as an index for quantifyingrotation speed in servo motors.
≥20 Bit:
20-bit and above rotary encoder is used in applications that require high accuracy, reliability and resolution. 20 Bit or more rotary encoders are widely used in medical equipment such as heart rate monitors, blood pressure monitors, ECG machines among others. The main advantage of using multi-turn absolute rotaryencoders over incremental/semi-relative ones is the former's ability to maintain accuracy even after a large number of turns are played out.
Application Insights:
The machine tool segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for multi-turn absolute rotary encoders from industrial applications including robotics, metal cutting machines, and CNC machining centers. These devices are used to measure the angle formed by two parallel lines on a rotating shaft and provide an output signal proportional to the degree of rotation as well as indicate if there is any misalignment between them.
The healthcare segment was one of the prominent segments that contributed significantly towards revenue generation in 2017 owing to high demand from medical equipment manufacturers globally for their products with higher precision levels than required by other industries.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market for MTE rotaryencoders, registering a CAGR of XX% from 2018 to 2030. The growth in this region can be attributed to increasing demand for high-precision tools and equipment used in various industries such as healthcare, electronics, automotive and others. In addition, rising investments by governments in developing countries are anticipated to drive the regional market further.
Growth Factors:
- Increasing demand from the automotive industry for advanced safety features in vehicles
- Growing demand for multi-turn absolute rotary encoders in medical and industrial applications
- Rising popularity of precision motion control systems
- Technological advancements in rotary encoder technology
- Growing awareness about the benefits of using multi-turn absolute rotary encoders
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-turn Absolute Rotary Encoders Market Research Report
By Type
＜20 Bit, ≥20 Bit
By Application
Healthcare, Machine Tool, Consumer Electronics, Assembly Equipment, Others
By Companies
Heidenhain, Tamagawa, Nemicon, P+F, TR Electronic, Baumer, Kuebler, Danaher, Omron, Koyo, Heidenhain, Yuheng Optics, ELCO, Wuxi CREATE, Roundss, Sanfeng, Shanghai HOUDE
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Multi-turn Absolute Rotary Encoders Market Report Segments:
The global Multi-turn Absolute Rotary Encoders market is segmented on the basis of:
Types
＜20 Bit, ≥20 Bit
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
Healthcare, Machine Tool, Consumer Electronics, Assembly Equipment, 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:
- Heidenhain
- Tamagawa
- Nemicon
- P+F
- TR Electronic
- Baumer
- Kuebler
- Danaher
- Omron
- Koyo
- Heidenhain
- Yuheng Optics
- ELCO
- Wuxi CREATE
- Roundss
- Sanfeng
- Shanghai HOUDE
Highlights of The Multi-turn 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:
- ＜20 Bit
- ≥20 Bit
- By Application:
- Healthcare
- Machine Tool
- Consumer Electronics
- Assembly Equipment
- 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 Multi-turn 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.
How you may use our products:
- 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?
Multi-turn absolute rotary encoders are used in industrial and commercial applications to measure the position of a rotating object. They use an encoder wheel that has multiple turns, which allows it to track the movement of the object more accurately than a single turn encoder.
Some of the major players in the multi-turn absolute rotary encoders market are Heidenhain, Tamagawa, Nemicon, P+F, TR Electronic, Baumer, Kuebler, Danaher, Omron, Koyo, Heidenhain, Yuheng Optics, ELCO, Wuxi CREATE, Roundss, Sanfeng, Shanghai HOUDE.
The multi-turn absolute rotary encoders market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multi-turn 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 Multi-turn Absolute Rotary Encoders Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multi-turn 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 Multi-turn 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 Multi-turn Absolute Rotary Encoders Market Size & Forecast, 2018-2028
4.5.1 Multi-turn Absolute Rotary Encoders Market Size and Y-o-Y Growth
4.5.2 Multi-turn Absolute Rotary Encoders Market Absolute $ Opportunity
Chapter 5 Global Multi-turn Absolute Rotary Encoders 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 Multi-turn Absolute Rotary Encoders Market Size Forecast by Type
5.2.1 ＜20 Bit
5.2.2 ≥20 Bit
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Multi-turn Absolute Rotary Encoders 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 Multi-turn Absolute Rotary Encoders Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 Machine Tool
6.2.3 Consumer Electronics
6.2.4 Assembly Equipment
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multi-turn 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 Multi-turn 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 Multi-turn Absolute Rotary Encoders Analysis and Forecast
9.1 Introduction
9.2 North America Multi-turn Absolute Rotary Encoders 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 Multi-turn Absolute Rotary Encoders Market Size Forecast by Type
9.6.1 ＜20 Bit
9.6.2 ≥20 Bit
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 Multi-turn Absolute Rotary Encoders Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 Machine Tool
9.10.3 Consumer Electronics
9.10.4 Assembly Equipment
9.10.5 Others
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 Multi-turn Absolute Rotary Encoders Analysis and Forecast
10.1 Introduction
10.2 Europe Multi-turn Absolute Rotary Encoders 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 Multi-turn Absolute Rotary Encoders Market Size Forecast by Type
10.6.1 ＜20 Bit
10.6.2 ≥20 Bit
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 Multi-turn Absolute Rotary Encoders Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 Machine Tool
10.10.3 Consumer Electronics
10.10.4 Assembly Equipment
10.10.5 Others
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 Multi-turn Absolute Rotary Encoders Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Multi-turn Absolute Rotary Encoders 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 Multi-turn Absolute Rotary Encoders Market Size Forecast by Type
11.6.1 ＜20 Bit
11.6.2 ≥20 Bit
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 Multi-turn Absolute Rotary Encoders Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 Machine Tool
11.10.3 Consumer Electronics
11.10.4 Assembly Equipment
11.10.5 Others
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 Multi-turn Absolute Rotary Encoders Analysis and Forecast
12.1 Introduction
12.2 Latin America Multi-turn Absolute Rotary Encoders 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 Multi-turn Absolute Rotary Encoders Market Size Forecast by Type
12.6.1 ＜20 Bit
12.6.2 ≥20 Bit
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 Multi-turn Absolute Rotary Encoders Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 Machine Tool
12.10.3 Consumer Electronics
12.10.4 Assembly Equipment
12.10.5 Others
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) Multi-turn Absolute Rotary Encoders Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Multi-turn Absolute Rotary Encoders 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) Multi-turn Absolute Rotary Encoders Market Size Forecast by Type
13.6.1 ＜20 Bit
13.6.2 ≥20 Bit
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) Multi-turn Absolute Rotary Encoders Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 Machine Tool
13.10.3 Consumer Electronics
13.10.4 Assembly Equipment
13.10.5 Others
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 Multi-turn Absolute Rotary Encoders Market: Competitive Dashboard
14.2 Global Multi-turn Absolute Rotary Encoders Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Heidenhain
14.3.2 Tamagawa
14.3.3 Nemicon
14.3.4 P+F
14.3.5 TR Electronic
14.3.6 Baumer
14.3.7 Kuebler
14.3.8 Danaher
14.3.9 Omron
14.3.10 Koyo
14.3.11 Heidenhain
14.3.12 Yuheng Optics
14.3.13 ELCO
14.3.14 Wuxi CREATE
14.3.15 Roundss
14.3.16 Sanfeng
14.3.17 Shanghai HOUDE
