Optical Encoders Market (Updated Version Available)

An optical encoder is a type of encoder that uses a sensor to identify position change as light passes through a patterned encoder wheel or disk.
For many years, optical encoders have been the traditional choice for motion control. Optical encoders use line-of-sight sensing to create signals. It works when a light source splits into two 90-degree out-of-phase beams that pass through transparent, evenly spaced windows in a rotating optical disk.
Optical encoders downstream is wide and the main application fields are healthcare, machine tool, consumer electronics, assembly equipment and other. Globally, assembly equipment accounts for nearly 25.49% of total downstream consumption of optical encoders in global.
According to the type, it can be divided into two kinds, incremental optical encoders and absolute optical encoders. Incremental optical encoders are the main product, capturing about 67.82% of global consumption of optical encoders in 2017.

The report offers detailed coverage of Optical Encoders industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Optical Encoders by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Optical Encoders market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Optical Encoders market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Broadcom
BEI Sensors
Renishaw
Hengstler
Dynapar
Baumer Group
Tokyo Sokuteikizai
CTS
Allied Motion
EPC
US Digital
CUI
Omron
Heidenhain
Bourns
Grayhill
Gurley
Honeywell
Honest Sensor Corporation
HONTKO
Yuheng Optics

At the same time, we classify Optical Encoders according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Incremental Encoders
Absolute Encoders
Market by Application
Healthcare
Machine Tool
Consumer Electronics
Assembly Equipment
Other

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Optical Encoders market for the forecast period 2021 - 2025?
• What are the driving forces in the Optical Encoders market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Optical Encoders industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?