Market Overview:
The global optical encoders scale 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 machine tools, measuring and control equipment, and other applications across different regions. Additionally, the growing awareness about the benefits of using optical encoders scale is also contributing to the growth of this market.
Product Definition:
An optical encoder is a device that uses light to encode motion into digital signals. Optical encoders are used in many industrial and commercial applications, such as robotics, CNC machines, and automatic door openers.
Linear Scales:
Linear scales are used in optical encoders to measure the weight of packages during shipping and handling. They are also used as a non-contact method for monitoring the flow rate of liquids & powders in bulk storage or transportation applications. Linear scales can be either manual or automatic, depending on their application. The most commonly used types include electronic linear scales and mechanical linear scales (non-contact methods).
Partial Arc Scales:
Partial arc scales are used in optical encoders to provide a measure of the error introduced by each step of the procedure. It provides an advantage over conventional systems as it is based on a single parameter and can be easily implemented.
It has been observed that partial arc scales have better agreement with experiment than conventional system, which makes them suitable for use in optical codes.
Application Insights:
The machine tools segment dominated the global optical encoders scale market in 2017 and is expected to witness significant growth over the forecast period. Optical encoder is used for measuring the position of workpiece on machining centers, CNC machines, and other equipment. The increasing demand for precision machinery across industries including automotive, aerospace & defense, and construction is anticipated to drive product demand over the forecast period.
In manufacturing applications such as assembly line or production lines where there are a number of processes that need to be measured accurately then an optical encoder can be used as it provides high resolution (12-bit) output which helps measure small movements with accuracy (less than 0.1mm). These factors are likely to increase product adoption in manufacturing applications globally over the coming years.
The others application segment includes packaging machinery, palletizing & labeling systems where an opticalencoder based measurement system can help improve accuracy while handling large volumes or long distances between sensors.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in automation and technological advancements. For instance, In January 2017, Panasonic Corporation invested USD X million for expanding its Automotive Systems business in India. This investment will help it to expand its offerings for infotainment systems and advanced driver assistance systems (ADAS) applications in cars.
Europe accounted for a significant share of global optical encoders scale market owing to high manufacturing volume of machine tools used in various industries including aerospace & defense, automotive, marine etc., Moreover, presence of major players such as Kistler Instrumente AG & Co., Switzerland and Zwick Roell GmbH & Co., Germany are also contributing towards product penetration across this region since past few years.
Growth Factors:
- Increasing demand for optical encoders in industrial automation applications
- Growing popularity of machine vision systems
- Rising demand for high-resolution optical encoders
- Proliferation of smart factories and Industry 4.0 initiatives
- Growing adoption of precision motion control systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Encoders Scale Market Research Report
By Type
Linear Scales, Partial Arc Scales, Rotary Scales
By Application
Machine Tools, Measuring and Control Equipment, Others (like Press Brakes)
By Companies
HEIDENHAIN, Fagor, Renishaw, RSF Elektronik, Mitutoyo, TR-Electronic GmbH, Precizika, MicroE, Givi Misure, Celera Motion(MICROE), ACU-RITE, ATEK, Willtec Messtechnik, Elbo Controlli Srl, SINO, SOXIN, Oussin, Changchun Optical Digital Display 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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Optical Encoders Scale Market Report Segments:
The global Optical Encoders Scale market is segmented on the basis of:
Types
Linear Scales, Partial Arc Scales, Rotary Scales
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
Machine Tools, Measuring and Control Equipment, Others (like Press Brakes)
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
- Fagor
- Renishaw
- RSF Elektronik
- Mitutoyo
- TR-Electronic GmbH
- Precizika
- MicroE
- Givi Misure
- Celera Motion(MICROE)
- ACU-RITE
- ATEK
- Willtec Messtechnik
- Elbo Controlli Srl
- SINO
- SOXIN
- Oussin
- Changchun Optical Digital Display Technology
Highlights of The Optical Encoders Scale 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:
- Linear Scales
- Partial Arc Scales
- Rotary Scales
- By Application:
- Machine Tools
- Measuring and Control Equipment
- Others (like Press Brakes)
- 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 Optical Encoders Scale 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
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- 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?
The Optical Encoders Scale is a scale that measures the resolution of optical encoders.
Some of the key players operating in the optical encoders scale market are HEIDENHAIN, Fagor, Renishaw, RSF Elektronik, Mitutoyo, TR-Electronic GmbH, Precizika, MicroE, Givi Misure, Celera Motion(MICROE), ACU-RITE, ATEK, Willtec Messtechnik, Elbo Controlli Srl, SINO, SOXIN, Oussin, Changchun Optical Digital Display Technology.
The optical encoders scale 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 Optical Encoders Scale 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 Optical Encoders Scale Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Encoders Scale 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 Optical Encoders Scale 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 Optical Encoders Scale Market Size & Forecast, 2018-2028
4.5.1 Optical Encoders Scale Market Size and Y-o-Y Growth
4.5.2 Optical Encoders Scale Market Absolute $ Opportunity
Chapter 5 Global Optical Encoders Scale 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 Optical Encoders Scale Market Size Forecast by Type
5.2.1 Linear Scales
5.2.2 Partial Arc Scales
5.2.3 Rotary Scales
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Encoders Scale 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 Optical Encoders Scale Market Size Forecast by Applications
6.2.1 Machine Tools
6.2.2 Measuring and Control Equipment
6.2.3 Others (like Press Brakes)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Encoders Scale 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 Optical Encoders Scale 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 Optical Encoders Scale Analysis and Forecast
9.1 Introduction
9.2 North America Optical Encoders Scale 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 Optical Encoders Scale Market Size Forecast by Type
9.6.1 Linear Scales
9.6.2 Partial Arc Scales
9.6.3 Rotary Scales
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 Optical Encoders Scale Market Size Forecast by Applications
9.10.1 Machine Tools
9.10.2 Measuring and Control Equipment
9.10.3 Others (like Press Brakes)
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 Optical Encoders Scale Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Encoders Scale 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 Optical Encoders Scale Market Size Forecast by Type
10.6.1 Linear Scales
10.6.2 Partial Arc Scales
10.6.3 Rotary Scales
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 Optical Encoders Scale Market Size Forecast by Applications
10.10.1 Machine Tools
10.10.2 Measuring and Control Equipment
10.10.3 Others (like Press Brakes)
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 Optical Encoders Scale Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Encoders Scale 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 Optical Encoders Scale Market Size Forecast by Type
11.6.1 Linear Scales
11.6.2 Partial Arc Scales
11.6.3 Rotary Scales
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 Optical Encoders Scale Market Size Forecast by Applications
11.10.1 Machine Tools
11.10.2 Measuring and Control Equipment
11.10.3 Others (like Press Brakes)
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 Optical Encoders Scale Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Encoders Scale 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 Optical Encoders Scale Market Size Forecast by Type
12.6.1 Linear Scales
12.6.2 Partial Arc Scales
12.6.3 Rotary Scales
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 Optical Encoders Scale Market Size Forecast by Applications
12.10.1 Machine Tools
12.10.2 Measuring and Control Equipment
12.10.3 Others (like Press Brakes)
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) Optical Encoders Scale Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Encoders Scale 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) Optical Encoders Scale Market Size Forecast by Type
13.6.1 Linear Scales
13.6.2 Partial Arc Scales
13.6.3 Rotary Scales
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) Optical Encoders Scale Market Size Forecast by Applications
13.10.1 Machine Tools
13.10.2 Measuring and Control Equipment
13.10.3 Others (like Press Brakes)
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 Optical Encoders Scale Market: Competitive Dashboard
14.2 Global Optical Encoders Scale Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HEIDENHAIN
14.3.2 Fagor
14.3.3 Renishaw
14.3.4 RSF Elektronik
14.3.5 Mitutoyo
14.3.6 TR-Electronic GmbH
14.3.7 Precizika
14.3.8 MicroE
14.3.9 Givi Misure
14.3.10 Celera Motion(MICROE)
14.3.11 ACU-RITE
14.3.12 ATEK
14.3.13 Willtec Messtechnik
14.3.14 Elbo Controlli Srl
14.3.15 SINO
14.3.16 SOXIN
14.3.17 Oussin
14.3.18 Changchun Optical Digital Display Technology
