Increasing Advancements in Encoder technology Globally to Bolster the Growth of the Market

Published: Oct 2023

The global Encoder market is anticipated to grow at a CAGR of 9.2% during the forecast period (2023-2030). Encoder manufacturing companies are continuously developing new and innovative encoder technologies. Such as, absolute encoders, which provides real-time position feedback even after power outages, and are becoming increasingly popular in demanding applications such as robotics and medical devices. For instance, in August 2023, Magewell is poised to unveil a powerful new flagship model in its Ultra Encode family of universal live media encoders for applications ranging from live streaming to IP-based production and AV-over-IP. The new Ultra Encode AIO builds on the flexibility of the company's original Ultra Encode models with expanded features including HDMI and SDI input connectivity in a single unit, 4K encoding and streaming from the HDMI input, simultaneous multi-protocol streaming, higher streaming bitrates, file recording, and more.

Browse the full report description of “Encoder Market Size, Share & Trends Analysis Report by Type (Rotary and Linear), by Technology (Optical, Photoelectric, Magnetic and Others), and by Industry verticals (Automotive, Aerospace, Manufacturing, Healthcare, Power & Utility and Other), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/encoder-market

In July 2023, NEXTGEN IXARC announce the launch of latest generation of absolute encoders, featuring a wide range of single and multiturn models, along with various mechanical configurations. Its absolute encoders offer enhanced performance and a state-of-the-art Wiegand package, incorporating a newly developed ASIC as the logic controller for the battery-less multiturn system. The new ASIC is a collaborative effort with our sister company, UBITO, and is powered by Wiegand sensors, ensuring precise recording of every shaft rotation, even when system power is not available. Moreover, our new generation absolute and incremental encoders utilize TMR technology, providing improved energy efficiency to all our customers.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Type

o By Technology

o By Industry Vertical

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes, Alps Alpine Co., Ltd., Bourns, Inc., CUI Devices, ELCO Holding, FRABA B.V., Grayhill Inc., Omron Corp, Panasonic Corp, Rockwell Automation, Inc., Schneider Electric, Sensata Technologies, Inc., TE Connectivity, and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Encoder Market Report Segment

By Type

  • Rotary
  • Linear

By Technology

  • Optical
  • Photoelectric
  • Magnetic
  • Others (Mechanical, visual sensing and laser)

By Industry Vertical

  • Automotive
  • Aerospace
  • Manufacturing
  • Healthcare
  • Power and Utility
  • Other (printing machine and textile)

Global Encoder Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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