Market Overview:
The global reflective encoder market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for miniaturized and high-resolution encoders in various applications, such as healthcare, machine tool, consumer electronics, assembly equipment, and others. Additionally, the growing demand for optical 3-channel encoders is also contributing to the growth of this market. However, factors such as limited product differentiation and low switching frequency are restraining the growth of this market. On the basis of type, the global reflective encoder market is segmented into optical 3-channel encoder and 3-channel miniature encoder.
Product Definition:
A reflective encoder is a device that senses the rotation of a shaft and outputs an electrical signal proportional to the rotational speed. They are often used in robotics and CNC machines to control movement.
Optical 3-channel Encoder:
The optical 3-channel encoder is a device that can be used to represent information in the form of light pulses onto an optic. It is widely used for time-domain reflectometry (TDR) and frequency- domain reflectometry (FDR). The optical 3 channel encoder has applications in automotive, telecommunication, consumer electronics, medical equipment and instrumentation among others.
3-channel Miniature Encoder:
3-channel miniature encoder is a device that can be used to represent information in the form of digital signals. It consists of three channels, which are used to modulate light and transmit data over an optical fiber or wireless medium. The 3-channel miniature encoder has applications in various industries such as healthcare, consumer electronics, education sector and military & defense among others.
Application Insights:
The machine tool segment dominated the market in 2017 and is expected to witness a CAGR of XX% over the forecast period owing to its applications in various industries such as automotive, aerospace, marine, etc. The assembly equipment segment is also expected to grow significantly over the next eight years due to increasing demand for smart devices across various end-use industries such as consumer electronics, healthcare and other industrial machinery.
Regional Analysis:
Asia Pacific dominated the global reflective 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 demand for compact, lightweight, and low-power consuming devices. Furthermore, rising disposable income coupled with growing consumer electronics production in countries such as China and India are anticipated to drive product adoption across various industries.
The machine tool industry is one of the prominent sectors that extensively use reflectiveencoders owing to their high accuracy, precision, durability & efficiency along with a wide range of applications including drilling machines & milling machines used for machining different parts on various types of machines such as CNC lathes & mills used for turning metal components etc.
Growth Factors:
- Increasing demand for Reflective Encoder in the automotive industry for advanced safety features
- Growing demand from the medical sector for optical encoders used in minimally invasive surgeries
- Rising popularity of 3D printing and growing demand for Reflective Encoder to control movement of 3D printers
- Increasing use of reflective encoders in robotics applications
- Growing trend of Industry 4.0 and need for sensors that can provide feedback on production processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Reflective Encoder Market Research Report
By Type
Optical 3-channel Encoder, 3-channel Miniature Encoder
By Application
Healthcare, Machine Tool, Consumer Electronics, Assembly Equipment, Others
By Companies
Broadcom Inc., iC-Haus GmbH, Nanotec Electronic, Hamamatsu Photonics, SEIKO NPC CORPORATION, CTS, EPC, US Digital, Omron, Bourns, Broadcom Inc., Honeywell
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Reflective Encoder Market Report Segments:
The global Reflective Encoder market is segmented on the basis of:
Types
Optical 3-channel Encoder, 3-channel Miniature 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
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:
- Broadcom Inc.
- iC-Haus GmbH
- Nanotec Electronic
- Hamamatsu Photonics
- SEIKO NPC CORPORATION
- CTS
- EPC
- US Digital
- Omron
- Bourns
- Broadcom Inc.
- Honeywell
Highlights of The Reflective 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:
- Optical 3-channel Encoder
- 3-channel Miniature Encoder
- 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 Reflective 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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- 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?
Reflective encoders are a type of optical encoding device that can be used to encode data onto a light beam. This allows for the transmission of encoded information over long distances without the need for additional hardware or software. Reflective encoders work by reflecting light back towards its source, which then allows for the encoding and decoding of data to take place.
Some of the major companies in the reflective encoder market are Broadcom Inc., iC-Haus GmbH, Nanotec Electronic, Hamamatsu Photonics, SEIKO NPC CORPORATION, CTS, EPC, US Digital, Omron, Bourns, Broadcom Inc., Honeywell.
The reflective encoder 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 Reflective Encoder 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 Reflective Encoder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Reflective Encoder 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 Reflective Encoder 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 Reflective Encoder Market Size & Forecast, 2018-2028
4.5.1 Reflective Encoder Market Size and Y-o-Y Growth
4.5.2 Reflective Encoder Market Absolute $ Opportunity
Chapter 5 Global Reflective Encoder 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 Reflective Encoder Market Size Forecast by Type
5.2.1 Optical 3-channel Encoder
5.2.2 3-channel Miniature Encoder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Reflective Encoder 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 Reflective Encoder 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 Reflective Encoder 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 Reflective Encoder 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 Reflective Encoder Analysis and Forecast
9.1 Introduction
9.2 North America Reflective Encoder 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 Reflective Encoder Market Size Forecast by Type
9.6.1 Optical 3-channel Encoder
9.6.2 3-channel Miniature Encoder
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 Reflective Encoder 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 Reflective Encoder Analysis and Forecast
10.1 Introduction
10.2 Europe Reflective Encoder 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 Reflective Encoder Market Size Forecast by Type
10.6.1 Optical 3-channel Encoder
10.6.2 3-channel Miniature Encoder
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 Reflective Encoder 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 Reflective Encoder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Reflective Encoder 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 Reflective Encoder Market Size Forecast by Type
11.6.1 Optical 3-channel Encoder
11.6.2 3-channel Miniature Encoder
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 Reflective Encoder 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 Reflective Encoder Analysis and Forecast
12.1 Introduction
12.2 Latin America Reflective Encoder 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 Reflective Encoder Market Size Forecast by Type
12.6.1 Optical 3-channel Encoder
12.6.2 3-channel Miniature Encoder
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 Reflective Encoder 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) Reflective Encoder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Reflective Encoder 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) Reflective Encoder Market Size Forecast by Type
13.6.1 Optical 3-channel Encoder
13.6.2 3-channel Miniature Encoder
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) Reflective Encoder 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 Reflective Encoder Market: Competitive Dashboard
14.2 Global Reflective Encoder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Broadcom Inc.
14.3.2 iC-Haus GmbH
14.3.3 Nanotec Electronic
14.3.4 Hamamatsu Photonics
14.3.5 SEIKO NPC CORPORATION
14.3.6 CTS
14.3.7 EPC
14.3.8 US Digital
14.3.9 Omron
14.3.10 Bourns
14.3.11 Broadcom Inc.
14.3.12 Honeywell
