The North America Encoder Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).
Encoders translate movement into an electrical signal that a counter or PLC, or any control device in a motion-control system, can read. A feedback signal from the encoder can be used to calculate position, speed, count, or direction. This data can be used by a control device to transmit a command for a specific task.
Mechanical, magnetic, resistive, and optical technologies are all used by encoders to create signals, with visual being the most popular. For example, the encoder in optical sensing gives feedback depending on the light disturbance.
The Code Disk, which has an opaque line pattern, is traversed by an LED light beam. The opaque stripes on the Code Disk on the encoder shaft cause the light beam from the LED to be broken before being detected by the Photodetector Assembly. This generates a pulse signal: light = on; no light = off. The signal produces the desired function once it is conveyed to the counter or controller.
The United States Government is dedicated to supporting surface transportation innovations to make sure that the nation takes the lead globally in the development and integration of automated vehicle (AV) technology, while also giving top priority to safety, security, and privacy, as well as defending the liberties enjoyed by Americans. The U.S. Government is aware of the importance of industry leadership in AV innovation research, development, and integration. However, in order to assure safety, free markets, efficient use of limited public resources, and protection of the public interest, such innovation requires proper government control.
The US market dominated the North America Encoder Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,015.5 million by 2028. The Canada market is poised to grow at a CAGR of 10.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 10% during (2022 - 2028).
Based on Type, the market is segmented into Rotary and Linear. Based on Application, the market is segmented into Industrial, Healthcare, Power, Food & Beverage, Automotive, Consumer Electronics, Aerospace, Printing, Textile, and Others. Based on Signal Type, the market is segmented into Incremental and Absolute. Based on Technology, the market is segmented into Magnetic, Optical, Inductive, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Encoder Market is Predict to reach $4.8 Billion by 2028, at a CAGR of 9.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Renishaw PLC, Dr. Johannes Heidenhain GmbH, Fraba B.V., Sensata Technologies Holdings PLC, IFM Electronics GmbH, Mitutoyo Corporation, Pepperl + Fuchs Group, Fortive Corporation, Maxon Motor Ag, and Balluff GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Application
- Industrial
- Healthcare
- Power
- Food & Beverage
- Automotive
- Consumer Electronics
- Aerospace
- Printing
- Textile
- Others
By Signal Type
By Technology
- Magnetic
- Optical
- Inductive
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Renishaw PLC
- Dr.Johannes Heidenhain GmbH
- Fraba B.V.
- Sensata Technologies Holdings PLC
- IFM Electronics GmbH
- Mitutoyo Corporation
- Pepperl + Fuchs Group
- Fortive Corporation
- Maxon Motor Ag
- Balluff GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Encoder Market, by Type
1.4.2 North America Encoder Market, by Application
1.4.3 North America Encoder Market, by Signal Type
1.4.4 North America Encoder Market, by Technology
1.4.5 North America Encoder Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, Feb – 2022, Nov) Leading Players
Chapter 4. North America Encoder Market by Type
4.1 North America Rotary Market by Country
4.2 North America Linear Market by Country
Chapter 5. North America Encoder Market by Application
5.1 North America Industrial Market by Country
5.2 North America Healthcare Market by Country
5.3 North America Power Market by Country
5.4 North America Food & Beverage Market by Country
5.5 North America Automotive Market by Country
5.6 North America Consumer Electronics Market by Country
5.7 North America Aerospace Market by Country
5.8 North America Printing Market by Country
5.9 North America Textile Market by Country
5.1 North America Others Market by Country
Chapter 6. North America Encoder Market by Signal Type
6.1 North America Incremental Market by Country
6.2 North America Absolute Market by Country
Chapter 7. North America Encoder Market by Technology
7.1 North America Magnetic Market by Country
7.2 North America Optical Market by Country
7.3 North America Inductive Market by Country
7.4 North America Others Market by Country
Chapter 8. North America Encoder Market by Country
8.1 US Encoder Market
8.1.1 US Encoder Market by Type
8.1.2 US Encoder Market by Application
8.1.3 US Encoder Market by Signal Type
8.1.4 US Encoder Market by Technology
8.2 Canada Encoder Market
8.2.1 Canada Encoder Market by Type
8.2.2 Canada Encoder Market by Application
8.2.3 Canada Encoder Market by Signal Type
8.2.4 Canada Encoder Market by Technology
8.3 Mexico Encoder Market
8.3.1 Mexico Encoder Market by Type
8.3.2 Mexico Encoder Market by Application
8.3.3 Mexico Encoder Market by Signal Type
8.3.4 Mexico Encoder Market by Technology
8.4 Rest of North America Encoder Market
8.4.1 Rest of North America Encoder Market by Type
8.4.2 Rest of North America Encoder Market by Application
8.4.3 Rest of North America Encoder Market by Signal Type
8.4.4 Rest of North America Encoder Market by Technology
Chapter 9. Company Profiles
9.1 Sensata Technologies Holdings PLC
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.2 Fortive Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.3 Renishaw PLC
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.4 IFM Electronics GmbH
9.4.1 Company Overview
9.5 Maxon Motor Ag
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Product Launches and Product Expansions:
9.6 Fraba B.V.
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Expansions:
9.7 Dr. Johannes Heidenhain GmbH
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Product Launches and Product Expansions:
9.7.2.3 Acquisition and Mergers:
9.8 Balluff GmbH
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Product Launches and Product Expansions:
9.9 Mitutoyo Corporation
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Product Launches and Product Expansions:
9.10. Pepperl + Fuchs Group
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Product Launches and Product Expansions:
TABLE 1 North America Encoder Market, 2018 - 2021, USD Million
TABLE 2 North America Encoder Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Encoder Market
TABLE 4 Product Launches And Product Expansions– Encoder Market
TABLE 5 Acquisition and Mergers– Encoder Market
TABLE 6 Expansions– Encoder Market
TABLE 7 North America Encoder Market by Type, 2018 - 2021, USD Million
TABLE 8 North America Encoder Market by Type, 2022 - 2028, USD Million
TABLE 9 North America Rotary Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Rotary Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Linear Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Linear Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Encoder Market by Application, 2018 - 2021, USD Million
TABLE 14 North America Encoder Market by Application, 2022 - 2028, USD Million
TABLE 15 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Power Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Power Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Food & Beverage Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Food & Beverage Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Aerospace Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Aerospace Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Printing Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Printing Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Textile Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Textile Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Encoder Market by Signal Type, 2018 - 2021, USD Million
TABLE 36 North America Encoder Market by Signal Type, 2022 - 2028, USD Million
TABLE 37 North America Incremental Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Incremental Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Absolute Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Absolute Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Encoder Market by Technology, 2018 - 2021, USD Million
TABLE 42 North America Encoder Market by Technology, 2022 - 2028, USD Million
TABLE 43 North America Magnetic Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Magnetic Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Optical Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Optical Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Inductive Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Inductive Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 51 North America Encoder Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Encoder Market by Country, 2022 - 2028, USD Million
TABLE 53 US Encoder Market, 2018 - 2021, USD Million
TABLE 54 US Encoder Market, 2022 - 2028, USD Million
TABLE 55 US Encoder Market by Type, 2018 - 2021, USD Million
TABLE 56 US Encoder Market by Type, 2022 - 2028, USD Million
TABLE 57 US Encoder Market by Application, 2018 - 2021, USD Million
TABLE 58 US Encoder Market by Application, 2022 - 2028, USD Million
TABLE 59 US Encoder Market by Signal Type, 2018 - 2021, USD Million
TABLE 60 US Encoder Market by Signal Type, 2022 - 2028, USD Million
TABLE 61 US Encoder Market by Technology, 2018 - 2021, USD Million
TABLE 62 US Encoder Market by Technology, 2022 - 2028, USD Million
TABLE 63 Canada Encoder Market, 2018 - 2021, USD Million
TABLE 64 Canada Encoder Market, 2022 - 2028, USD Million
TABLE 65 Canada Encoder Market by Type, 2018 - 2021, USD Million
TABLE 66 Canada Encoder Market by Type, 2022 - 2028, USD Million
TABLE 67 Canada Encoder Market by Application, 2018 - 2021, USD Million
TABLE 68 Canada Encoder Market by Application, 2022 - 2028, USD Million
TABLE 69 Canada Encoder Market by Signal Type, 2018 - 2021, USD Million
TABLE 70 Canada Encoder Market by Signal Type, 2022 - 2028, USD Million
TABLE 71 Canada Encoder Market by Technology, 2018 - 2021, USD Million
TABLE 72 Canada Encoder Market by Technology, 2022 - 2028, USD Million
TABLE 73 Mexico Encoder Market, 2018 - 2021, USD Million
TABLE 74 Mexico Encoder Market, 2022 - 2028, USD Million
TABLE 75 Mexico Encoder Market by Type, 2018 - 2021, USD Million
TABLE 76 Mexico Encoder Market by Type, 2022 - 2028, USD Million
TABLE 77 Mexico Encoder Market by Application, 2018 - 2021, USD Million
TABLE 78 Mexico Encoder Market by Application, 2022 - 2028, USD Million
TABLE 79 Mexico Encoder Market by Signal Type, 2018 - 2021, USD Million
TABLE 80 Mexico Encoder Market by Signal Type, 2022 - 2028, USD Million
TABLE 81 Mexico Encoder Market by Technology, 2018 - 2021, USD Million
TABLE 82 Mexico Encoder Market by Technology, 2022 - 2028, USD Million
TABLE 83 Rest of North America Encoder Market, 2018 - 2021, USD Million
TABLE 84 Rest of North America Encoder Market, 2022 - 2028, USD Million
TABLE 85 Rest of North America Encoder Market by Type, 2018 - 2021, USD Million
TABLE 86 Rest of North America Encoder Market by Type, 2022 - 2028, USD Million
TABLE 87 Rest of North America Encoder Market by Application, 2018 - 2021, USD Million
TABLE 88 Rest of North America Encoder Market by Application, 2022 - 2028, USD Million
TABLE 89 Rest of North America Encoder Market by Signal Type, 2018 - 2021, USD Million
TABLE 90 Rest of North America Encoder Market by Signal Type, 2022 - 2028, USD Million
TABLE 91 Rest of North America Encoder Market by Technology, 2018 - 2021, USD Million
TABLE 92 Rest of North America Encoder Market by Technology, 2022 - 2028, USD Million
TABLE 93 Key Information – Sensata Technologies Holdings PLC
TABLE 94 Key Information –fortive corporation
TABLE 95 key Information – Renishaw PLC
TABLE 96 Key Information – IFM Electronics GmbH
TABLE 97 Key Information – Maxon Motor Ag
TABLE 98 Key Information – Fraba B.V.
TABLE 99 Key Information – Dr. Johannes Heidenhain GmbH
TABLE 100 Key Information – Balluff GmbH
TABLE 101 Key Information – Mitutoyo Corporation
TABLE 102 Key Information – Pepperl + Fuchs Group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2018, Feb – 2022, Nov) Leading Players
FIG 5 Recent strategies and developments: Dr. Johannes Heidenhain GmbH