Demand for Industrial Encoder Industry Booms, Resulting in Growth of the Market Worldwide

Big Market Research added a report on “Global Industrial Encoder Market 2017-2021”

About Industrial Encoder Market

Encoders are sensors that can capture position information of various pieces of equipment and relay the data to other devices. Industrial encoders can determine the position, velocity, and direction of a mechanical equipment or motion and assist in the precise control of industrial applications. By type, industrial encoders can be divided into rotary encoders and linear encoders. The rotary encoder reads the angle of an object in a circular motion, while the linear encoder detects the position of an object through linear motion.

Technavio’s analysts forecast the global industrial encoder market to grow at a CAGR of 11.13% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial encoder market for 2017-2021. To calculate the market size, the report considers new installations, sales, replacement, retrofit and services market.

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The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio’s report, Global Industrial Encoder Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Baumer

BEI Sensors

Dynapar

OMRON

Rockwell Automation

Other prominent vendors

FAULHABER

HEIDENHAIN

Hengstler

ifm

maxon motor

Pepperl+Fuchs

Pilz

Renishaw

SIKO

TURCK

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Market driver

Increased use of advanced technology equipment in industries

For a full, detailed list, view our report

Market challenge

Contamination of encoders

For a full, detailed list, view our report

Market trend

Displaying the status of a system through LED

For a full, detailed list, view our report

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