Global Optical Shaft Encoders Market Insights, Forecast to 2028

Market Analysis and Insights: Global Optical Shaft Encoders Market
Due to the COVID-19 pandemic, the global Optical Shaft Encoders market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Incremental Shaft Encoders accounting for % of the Optical Shaft Encoders global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Elevator segment is altered to an % CAGR throughout this forecast period.
China Optical Shaft Encoders market size is valued at US$ million in 2021, while the US and Europe Optical Shaft Encoders are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Optical Shaft Encoders landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Optical Shaft Encoders include OMRON, Autonics, Encoder Product, Pepperl+Fuchs, Renishaw, Heidenhain, Baumer Group, Koyo Electronics and FRABA Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Optical Shaft Encoders capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Optical Shaft Encoders by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Optical Shaft Encoders Scope and Segment
Optical Shaft Encoders market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Optical Shaft Encoders market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Incremental Shaft Encoders
Absolute Shaft Encoders
Segment by Application
Elevator
NC Machine Tool
Textile Machinery
Others
By Company
OMRON
Autonics
Encoder Product
Pepperl+Fuchs
Renishaw
Heidenhain
Baumer Group
Koyo Electronics
FRABA Group
Tokyo Sokuteikizai
Nemicon
CTS
CUI
TR Electronic
Avago Technologies (AVGO)
Balluff
HONTKO
Elma Group
Kubler
BEI Sensors
Grayhill
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E