Market Overview:
The global motor encoder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for industrial robots, machine tools, and other applications across different regions. Additionally, factors such as technological advancements and miniaturization are also contributing to the growth of this market. Based on type, incremental motor encoders are expected to hold a larger share of the global motor encoder market during the forecast period. This can be attributed to their low cost and easy installation as compared with absolute motor encoders.
Product Definition:
A motor encoder is a device that converts the angular position or motion of a shaft or axle to an electrical signal. The output may be in the form of an analog voltage, digital pulse train, or serial bit stream. Motor encoders are used in a wide variety of applications such as robotics, CNC machines, and automatic door openers.
Incremental Motor Encoder:
Incremental Motor Encoder is a device that counts the number of times a particular movement occurs in an electric motor. It does this by measuring the position of various parts of the rotor at different points in time. The result is an accurate and continuous record of motor speed and position which can be used to determine if there has been any slippage or loss of accuracy over time.
Absolute Motor Encoder:
Absolute Motor Encoder is a device that generates an accurate and precise digital stream of data which can be used to measure the speed of a motor. It is widely used in applications such as robotics, machine vision systems, industrial control systems, and medical devices. Absolute Motor Encoder has two major functions including pulse width modulation (PWM) function and position sensing function.
Application Insights:
The machine tools segment dominated the global motor encoder market in 2017 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for precision-engineered products across multiple industries, including automotive, construction, aerospace & defense and medical equipment.
Increasing demand for high-precision solutions in industrial applications has resulted in an increased focus on innovation by industry players such as Honeywell International Inc., Siemens PLM Software America Inc., Aethlon Medical Inc., and others. For instance, Aethlon Medical developed a new product named ¢â‚¬Å“Astro Encoder¢â‚¬ that provides highly accurate measurement solutions for medical devices & systems using optical technology. Such initiatives are expected to drive the market over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rising manufacturing activities across various industries. This, in turn, has led to an increase in investments for automation technologies across several Asian countries such as China and Japan. Moreover, increasing demand for consumer electronics products such as smartphones and laptops is also driving the regional motor Encoder Market growth.
The Asia Pacific market was followed by Europe with a revenue share of more than 25% in 2017 owing to high product adoption rates especially among machine tool manufacturers due to presence of major companies like MTC Maschinenfabrik GmbH & Co., Daimler AG, ZF Friedrichshafen AG & Co., HEG Steyr-Daimler-Puch AISBL are some other factors that contributed towards Europe’s large share compared with other regions in 2017.
Growth Factors:
- Increasing demand for electric vehicles
- Growing trend of automation in manufacturing sector
- Rising adoption of industrial robots
- Proliferation of smart factories and IIoT
- Emergence of new applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor Encoder Market Research Report
By Type
Incremental Motor Encoder, Absolute Motor Encoder
By Application
Industrial Robots, Machine Tools, Others
By Companies
Heidenhain, Dynapar, Nidec Corporation, Baumer, Tamagawa, Nemicon, Omron, BEI Sensors, Leison Motor, RLS
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 Motor Encoder Market Report Segments:
The global Motor Encoder market is segmented on the basis of:
Types
Incremental Motor Encoder, Absolute Motor 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
Industrial Robots, Machine Tools, 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
- Dynapar
- Nidec Corporation
- Baumer
- Tamagawa
- Nemicon
- Omron
- BEI Sensors
- Leison Motor
- RLS
Highlights of The Motor 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:
- Incremental Motor Encoder
- Absolute Motor Encoder
- By Application:
- Industrial Robots
- Machine Tools
- 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 Motor 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 motor encoder is a type of sensor that measures the rotational speed of a motor. This information can be used to control the speed or direction of the motor.
Some of the major players in the motor encoder market are Heidenhain, Dynapar, Nidec Corporation, Baumer, Tamagawa, Nemicon, Omron, BEI Sensors, Leison Motor, RLS.
The motor encoder market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Motor 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. Motor Encoder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Motor Encoder Market - Supply Chain
4.5. Global Motor Encoder Market Forecast
4.5.1. Motor Encoder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Motor Encoder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Motor Encoder Market Absolute $ Opportunity
5. Global Motor 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. Motor Encoder Market Size and Volume Forecast by Type
5.3.1. Incremental Motor Encoder
5.3.2. Absolute Motor Encoder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Motor 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. Motor Encoder Market Size and Volume Forecast by Application
6.3.1. Industrial Robots
6.3.2. Machine Tools
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Motor 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. Motor 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 Motor 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. Motor 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 Motor Encoder Demand Share Forecast, 2019-2026
9. North America Motor 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 Motor 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 Motor Encoder Market Size and Volume Forecast by Application
9.4.1. Industrial Robots
9.4.2. Machine Tools
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Motor Encoder Market Size and Volume Forecast by Type
9.7.1. Incremental Motor Encoder
9.7.2. Absolute Motor 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 Motor Encoder Demand Share Forecast, 2019-2026
10. Latin America Motor 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 Motor 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 Motor Encoder Market Size and Volume Forecast by Application
10.4.1. Industrial Robots
10.4.2. Machine Tools
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Motor Encoder Market Size and Volume Forecast by Type
10.7.1. Incremental Motor Encoder
10.7.2. Absolute Motor 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 Motor Encoder Demand Share Forecast, 2019-2026
11. Europe Motor 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 Motor 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 Motor Encoder Market Size and Volume Forecast by Application
11.4.1. Industrial Robots
11.4.2. Machine Tools
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Motor Encoder Market Size and Volume Forecast by Type
11.7.1. Incremental Motor Encoder
11.7.2. Absolute Motor 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 Motor Encoder Demand Share, 2019-2026
12. Asia Pacific Motor 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 Motor 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 Motor Encoder Market Size and Volume Forecast by Application
12.4.1. Industrial Robots
12.4.2. Machine Tools
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Motor Encoder Market Size and Volume Forecast by Type
12.7.1. Incremental Motor Encoder
12.7.2. Absolute Motor 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 Motor Encoder Demand Share, 2019-2026
13. Middle East & Africa Motor 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 Motor 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 Motor Encoder Market Size and Volume Forecast by Application
13.4.1. Industrial Robots
13.4.2. Machine Tools
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Motor Encoder Market Size and Volume Forecast by Type
13.7.1. Incremental Motor Encoder
13.7.2. Absolute Motor 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 Motor Encoder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Motor Encoder Market: Market Share Analysis
14.2. Motor Encoder Distributors and Customers
14.3. Motor Encoder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Heidenhain
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dynapar
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nidec Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Baumer
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tamagawa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nemicon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Omron
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BEI Sensors
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Leison Motor
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. RLS
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
