Companies Dominating the Rotary Encoder Landscape
- Hans Turck GmbH & Co. KG
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- FAULHABER Group
- BEI Sensors
- Renishaw plc.
- Baumer Group
- SIKO GmbH
- Rockwell Automation, Inc.
- Dr. Johannes Heidenhain GmbH
- Maxon Precision Motor India Pvt. Ltd.
- Honeywell International, Inc.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of rotary encoder is assessed at USD 2.75 billion.
The rotary encoder market size was over USD 2.58 billion in 2024 and is expected to reach USD 7.19 billion by the end of 2037, growing at around 8.2% CAGR during the forecast period i.e., between 2025-2037. Increasing automation, digitization and adoption of industry 4.0 will drive the market growth.
Asia Pacific industry is set to dominate majority revenue share 33% by 2037, impelled by rapid industrialization in the region.
The major players in the market are FAULHABER Group, BEI Sensors, Renishaw plc., Baumer Group, SIKO GmbH, Rockwell Automation, Inc., Dr. Johannes Heidenhain GmbH, Maxon Precision Motor India Pvt. Ltd., and others.
