North America Encoder Market 2023-2033 by Encoder Type (Rotary, Linear), Signal Type (Absolute, Incremental), Technology (Optical, Magnetic, Photoelectric, Inductive), Application

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January 2024 - 114 Pages - From $2,400
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North America encoder market is projected to grow by 8.5% annually in the forecast period and reach $1.48 billion by 2033. The growth is driven by the increased need for high-level automation across various industries, the surging demand for automobile and consumer electronics, and technological advancements.
Highlighted with 23 tables and 46 figures, this 114-page report “North America Encoder Market 2023-2033 by Encoder Type (Rotary, Linear), Signal Type (Absolute, Incremental), Technology (Optical, Magnetic, Photoelectric, Inductive), Application (Automotive, Electronics, Industrial, Healthcare), and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire North America encoder market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2021-2023 and provides forecast from 2024 till 2033 with 2023 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
 
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure 
• Growth Drivers 
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America encoder market in every aspect of the classification from perspectives of Encoder Type, Signal Type, Technology, Application, and Country. 
 
Based on Encoder Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section. 
• Rotary Encoders
• Linear Encoders
 
Based on Signal Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section. 
• Absolute Encoders
• Incremental Encoders
 
By Technology, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section. 
• Optical Encoders
• Magnetic Encoders
• Photoelectric Encoders
• Inductive Encoders
• Other Technologies
 
By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section. 
• Automotive
• Consumer Electronics
• Textile
• Printing Machinery
• Industrial
• Healthcare
• Food & Beverage
• Power
• Aerospace
• Other Applications
 
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico 
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2023-2033. The breakdown of national markets by Encoder Type, Technology, and Application over the forecast years are also included.
 
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players: 
Balluff Inc.
Baumer Group
Dynapar Corporation (Fortive Corporation)
Elap Srl
Faulhaber Group
Fraba B.V. (Posital Fraba Inc.)
Gurley Precision Instruments
Heidenhain GmbH
Hengstler GmbH
Honeywell International
IFM Electronic GmbH
Kubler Group
Maxon Motor AG
Mitutoyo Corporation
Omron Corporation
Panasonic Corporation
Pepperl+Fuchs International
Pilz GmbH & Co. KG
Renishaw PLC
Rockwell Automation Inc.
Schneider Electric
Sensata Technologies, Inc.
Sick AG
Siko GmbH
Tamagawa Seiki Co.
TE Connectivity 
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
 
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 25
2.1.3 Impact of Russia-Ukraine Conflict 27
2.1.4 Impact of Israel-Palestine War 29
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 35
2.4 Emerging Opportunities and Market Trends 38
2.5 Porter’s Fiver Forces Analysis 42
3 Segmentation of North America Market by Encoder Type 46
3.1 Market Overview by Encoder Type 46
3.2 Rotary Encoders 48
3.3 Linear Encoders 49
4 Segmentation of North America Market by Signal Type 50
4.1 Market Overview by Signal Type 50
4.2 Absolute Encoders 52
4.3 Incremental Encoders 53
5 Segmentation of North America Market by Technology 54
5.1 Market Overview by Technology 54
5.2 Optical Encoders 56
5.3 Magnetic Encoders 57
5.4 Photoelectric Encoders 58
5.5 Inductive Encoders 59
5.6 Other Technologies 60
6 Segmentation of North America Market by Application 61
6.1 Market Overview by Application 61
6.2 Automotive 63
6.3 Consumer Electronics 64
6.4 Textile 65
6.5 Printing Machinery 66
6.6 Industrial 67
6.7 Healthcare 68
6.8 Food & Beverage 69
6.9 Power 70
6.10 Aerospace 71
6.11 Other Applications 72
7 North America Market 2023-2033 by Country 73
7.1 Overview of North America Market 73
7.2 U.S. 76
7.3 Canada 79
7.4 Mexico 81
8 Competitive Landscape 83
8.1 Overview of Key Vendors 83
8.2 New Product Launch, Partnership, Investment, and M&A 86
8.3 Company Profiles 87
Balluff Inc. 87
Baumer Group 89
Dynapar Corporation (Fortive Corporation) 90
Elap Srl 91
Faulhaber Group 92
Fraba B.V. (Posital Fraba Inc.) 93
Gurley Precision Instruments 94
Heidenhain GmbH 95
Hengstler GmbH 96
Honeywell International 97
IFM Electronic GmbH 98
Kubler Group 99
Maxon Motor AG 100
Mitutoyo Corporation 101
Omron Corporation 102
Panasonic Corporation 103
Pepperl+Fuchs International 104
Pilz GmbH & Co. KG 105
Renishaw PLC 106
Rockwell Automation Inc. 107
Schneider Electric 108
Sensata Technologies, Inc. 109
Sick AG 110
Siko GmbH 111
Tamagawa Seiki Co. 112
TE Connectivity 113
RELATED REPORTS 114
List of Tables:
 
Table 1.  Snapshot of North America Encoder Market in Balanced Perspective, 2023-2033 17
Table 2. World Economic Outlook, 2024-2036 22
Table 3. World Economic Outlook, 2022-2024 24
Table 4. Scenarios for Economic Impact of Ukraine Crisis 28
Table 5. Scenarios for Economic Impact of Israel-Palestine War 29
Table 6.  Main Product Trends and Market Opportunities in North America Encoder Market 38
Table 7. North America Encoder Market by Encoder Type, 2023-2033, $ mn 46
Table 8. North America Encoder Market by Signal Type, 2023-2033, $ mn 50
Table 9. North America Encoder Market by Technology, 2023-2033, $ mn 54
Table 10. North America Encoder Market by Application, 2023-2033, $ mn 61
Table 11. North America Encoder Market by Country, 2023-2033, $ mn 74
Table 12. U.S. Encoder Market by Encoder Type, 2023-2033, $ mn 78
Table 13. U.S. Encoder Market by Technology, 2023-2033, $ mn 78
Table 14. U.S. Encoder Market by Application, 2023-2033, $ mn 78
Table 15. Canada Encoder Market by Encoder Type, 2023-2033, $ mn 80
Table 16. Canada Encoder Market by Technology, 2023-2033, $ mn 80
Table 17. Canada Encoder Market by Application, 2023-2033, $ mn 80
Table 18. Mexico Encoder Market by Encoder Type, 2023-2033, $ mn 82
Table 19. Mexico Encoder Market by Technology, 2023-2033, $ mn 82
Table 20. Mexico Encoder Market by Application, 2023-2033, $ mn 82
Table 21. Balluff Inc.: Company Snapshot 87
Table 22. Balluff Inc.: Business Segmentation 88
Table 23. Balluff Inc.: Product Portfolio 88
 
 
 
 
List of Figures:
 
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2023-2033 16
Figure 4. Industry Value Chain Analysis 19
Figure 5. North America Encoder Market, 2023-2033, $ mn 20
Figure 6. Impact of COVID-19 on Business 25
Figure 7. Primary Drivers and Impact Factors of North America Encoder Market 30
Figure 8. World Industrial Robotics Market by Shipment, 2022-2032, thousand units 33
Figure 9. World Vehicle Production by Car Type, 2019-2030, million units 33
Figure 10. World Electrical & Electronics Industry, 2019-2030, $ trillion 34
Figure 11. Primary Restraints and Impact Factors of North America Encoder Market 35
Figure 12. Investment Opportunity Analysis 39
Figure 13. Porter’s Fiver Forces Analysis of North America Encoder Market 42
Figure 14. Breakdown of North America Encoder Market by Encoder Type, 2023-2033, % of Revenue 47
Figure 15. North America Addressable Market Cap in 2024-2033 by Encoder Type, Value ($ mn) and Share (%) 47
Figure 16. North America Encoder Market by Encoder Type: Rotary Encoders, 2023-2033, $ mn 48
Figure 17. North America Encoder Market by Encoder Type: Linear Encoders, 2023-2033, $ mn 49
Figure 18. Breakdown of North America Encoder Market by Signal Type, 2023-2033, % of Sales Revenue 51
Figure 19. North America Addressable Market Cap in 2024-2033 by Signal Type, Value ($ mn) and Share (%) 51
Figure 20. North America Encoder Market by Signal Type: Absolute Encoders, 2023-2033, $ mn 52
Figure 21. North America Encoder Market by Signal Type: Incremental Encoders, 2023-2033, $ mn 53
Figure 22. Breakdown of North America Encoder Market by Technology, 2023-2033, % of Sales Revenue 55
Figure 23. North America Addressable Market Cap in 2024-2033 by Technology, Value ($ mn) and Share (%) 55
Figure 24. North America Encoder Market by Technology: Optical Encoders, 2023-2033, $ mn 56
Figure 25. North America Encoder Market by Technology: Magnetic Encoders, 2023-2033, $ mn 57
Figure 26. North America Encoder Market by Technology: Photoelectric Encoders, 2023-2033, $ mn 58
Figure 27. North America Encoder Market by Technology: Inductive Encoders, 2023-2033, $ mn 59
Figure 28. North America Encoder Market by Technology: Other Technologies, 2023-2033, $ mn 60
Figure 29. Breakdown of North America Encoder Market by Application, 2023-2033, % of Revenue 62
Figure 30. North America Addressable Market Cap in 2024-2033 by Application, Value ($ mn) and Share (%) 62
Figure 31. North America Encoder Market by Application: Automotive, 2023-2033, $ mn 63
Figure 32. North America Encoder Market by Application: Consumer Electronics, 2023-2033, $ mn 64
Figure 33. North America Encoder Market by Application: Textile, 2023-2033, $ mn 65
Figure 34. North America Encoder Market by Application: Printing Machinery, 2023-2033, $ mn 66
Figure 35. North America Encoder Market by Application: Industrial, 2023-2033, $ mn 67
Figure 36. North America Encoder Market by Application: Healthcare, 2023-2033, $ mn 68
Figure 37. North America Encoder Market by Application: Food & Beverage, 2023-2033, $ mn 69
Figure 38. North America Encoder Market by Application: Power, 2023-2033, $ mn 70
Figure 39. North America Encoder Market by Application: Aerospace, 2023-2033, $ mn 71
Figure 40. North America Encoder Market by Application: Other Applications, 2023-2033, $ mn 72
Figure 41. Breakdown of North America Encoder Market by Country, 2023 and 2033, % of Revenue 74
Figure 42. Contribution to North America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 75
Figure 43. U.S. Encoder Market, 2023-2033, $ mn 77
Figure 44. Canada Encoder Market, 2023-2033, $ mn 79
Figure 45.  Encoder Market in Mexico, 2023-2033, $ mn 81
Figure 46. Growth Stage of North America Encoder Industry over the Forecast Period 83
 
 

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