Industrial, Manufacturing & Heavy Industry Market News

demand for industrial encoder industry booms, resulting in growth of the market worldwide according to new research report

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

- Advertising -

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.

- Advertising -

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.

Report: goo.gl/imqWAk

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

Report: goo.gl/bj16Wr

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

 

News From

Big Market Research - Market Research ReportsBig Market Research
Category: Market Research Publishers and RetailersCompany profile: With the arsenal of different search reports, we help you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency. With the window of opportunity getting open and shut at a speed of light, it has become very important to survive in the market and only the fittest and competent enough can do so. So, we try and provide with latest changes in the market ...