Global Optical Encoder Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Optical Encoder market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Optical Encoder market."
An optical encoder is an electromechanical device with mechanical input and electrical output. It provides multiple digital signals proportional to angular displacement of the input shaft. Optical encoders are commonly used in motion control systems to control and monitor speed, position, count and direction of components and machinery and equipment where it is installed. Optical encoder operation has no effect on the magnetic field and can be used in both stable, and unstable environments. 
According to our research and analysis, manufacturers from North America and Europe are the major leaders in the international market of optical encoders. North America is the largest production and consumption region. In 2017, the North America production of optical encoders is 4325 K Units and consumption is about 4060 K Units, accounting for about 37.87% of global consumption. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price. Owning to lower production costs, many optical encoders giants have set up factories in China.

The global Optical Encoder market is valued at 1280 million US$ in 2018 is expected to reach 1510 million US$ by the end of 2025, growing at a CAGR of 2.1% during 2019-2025.
This report focuses on Optical Encoder volume and value at global level, regional level and company level. From a global perspective, this report represents overall Optical Encoder market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Broadcom
    BEI Sensors
    Renishaw
    Hengstler
    Dynapar
    Baumer Group
    Tokyo Sokuteikizai
    CTS
    Allied Motion
    EPC
    US Digital
    CUI
    Omron
    Heidenhain
    Bourns
    Grayhill
    Gurley
    Honeywell
    Honest Sensor Corporation
    HONTKO
    Yuheng Optics

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Incremental Encoders
    Absolute Encoders

Segment by Application
    Healthcare
    Machine tool
    Consumer Electronics
    Assembly equipment
    Other