Global Linear Encoders Market Report 2019: Market Value is Expected to Reach USD 102 Million in 2026
A linear encoder is an electromechanical device that produces an analog or digital signal in response to linear motion. Linear encoder technology includes optical, magnetic, inductive, capacitive and eddy currents. Among them, optical technologies include shadowing, self-imaging, and interferometry. Linear encoders are used in metrology, motion systems, and high-precision machining tools, from digital calipers and coordinate measuring machines to platforms, CNC milling machines, gantry tables, and semiconductor steppers.
Market Snapshot
This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Linear Encoders market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East and Africa.
The global Linear Encoders market is expected to grow from USD 54 million in 2019 to USD 102 million by 2026, registering a CAGR of 9.51% from 2019 to 2026.
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Competitive Landscape
NEWALL
Lika Electronic
GURLEY Precision Instruments
Kubler
GIVI MISURE
Fagor Automation
GEMAC
ELCIS ENCODER
SIKO
Electronica Mechatronic Systems
IC-Haus
Leader Precision Instrument
RSF Elektronik
Growth Driver
Globally, technological advancement leading to higher usage, rise in the demand for liner encoders for industrial process, and increasing demand due to development in nanotechnology are prominent factors driving the growth of the linear encoder market. Furthermore, an increase in adoption of the linear encoder for newer applications, and emerging economies such as China, India, and others will create new opportunities for global linear encoder market. Yet, the higher cost of the research and development, and Lack of efficiency in the stringent and harsh working environment are the key restraints for the global linear encoder market.
Regional Overview
North America region is the largest sales volume market for linear encoders in 2018, with sales accounting for 37.41% of the world, followed by Europe and Asia-Pacific, accounting for 31.95% and 25.64%, respectively. Regionally, North America dominated the global linear encoder market, accruing revenue of roughly USD 18 million in 2018. The Asia Pacific is projected to have the fastest growth, owing to rapidly increasing manufacturing infrastructure in developing nations such as China and India in this region.
Type Overview
By product type, the Linear Encoders market is segmented into Incremental Linear Encoders, Absolute Linear Encoders, and Other.
Application Overview
Based on application, this market is divided into Elevator, NC Machine Tool, Textile Machinery, and Other.
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Linear Encoders Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Linear Encoders Market by Types
4 Segmentation of Linear Encoders Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Linear Encoders Market in Major Countries
7 North America Linear Encoders Landscape Analysis
8 Europe Linear Encoders Landscape Analysis
9 Asia Pacific Linear Encoders Landscape Analysis
10 Latin America, Middle East & Africa Linear Encoders Landscape Analysis
11 Major Players Profile
11.1 NEWALL
11.1.1 NEWALL Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Lika Electronic
11.3 GURLEY Precision Instruments
11.4 Kubler
11.5 GIVI MISURE
11.6 Fagor Automation
11.7 GEMAC
11.8 ELCIS ENCODER
11.9 SIKO
11.10 Electronica Mechatronic Systems
11.11 IC-Haus
11.12 Leader Precision Instrument
11.13 RSF Elektronik
…
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Target Audience:
• Linear Encoders manufacturers
• Technology providers
• Small and Medium-sized Enterprises (SMEs)
• Distributors and resellers of Linear Encoders
• Linear Encoders industry associations
• Product managers, Linear Encoders industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Base Year: 2018
• Estimated Year: 2019
• Forecast Period: 2019 to 2026
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