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(CityRegions.Com, August 15, 2018 ) This report studies the Rotary Encoder market. A rotary encoder, also called a shaft encoder, is an electro-mechanical device that converts the angular position or motion of a shaft or axle to an analog or digital code.
As international economic situation is complicated, in the next few years there will be many uncertainties. Due to economic development and the high Production of Rotary Encoders in the international market, the current demand for Rotary Encoders product is relatively stable in the mature market, such as North America and Europe, but the demand in China is relatively higher due to the downstream demand.
Rotary Encoders is mainly manufactured and sold by Heidenhain, Danaher, Tamagawa, Baumer and Nemicon; and these companies occupied about 55.08% market share in 2017.
Geographically, Europe is the largest sales market in the world, which took about 26.90% of the global sales volume in 2017 and share 36.11% of global total revenue.
Over the next five years, LPI(LP Information) projects that Rotary Encoders will register a 8.9% CAGR in terms of revenue, reach US$ 2480 million by 2023, from US$ 1490 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Rotary Encoders market by product type, application, key manufacturers and key regions.
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To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type: Incremental Rotary Encoders Absolute Rotary Encoders
Segmentation by application: Elevator Industry Machine Tool Motor Food & Packaging Others
Browse the complete report @ http://www.orbisresearch.com/reports/index/2018-2023-global-rotary-encoders-consumption-market-report
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Heidenhain Danaher Tamagawa Baumer Nemicon P+F Kubler Koyo Omron Leine & Linde Sick TR Electronic BEI Rep Avago Yuheng Optics
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Some Point from TOC: 1 Scope of the Report 2 Executive Summary 3 Global Rotary Encoders by Players 4 Rotary Encoders by Regions 5 Americas 6 APAC 7 Europe 8 Middle East & Africa ….Continued
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