Rotary Encoder Market Size & Share, by Type (Optical, Magnetic, Mechanical, Capacitive); Product (Incremental Rotary Encoders, Absolute Rotary Encoders); Application (Metal Forming & Fabrication, Servo Motor, Elevator Industry, Machine Tool, Material Handling); End-User Industry (Automotive, Aerospace, Electronics, Healthcare, Manufacturing, Packaging) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5388
  • Published Date: Nov 22, 2023
  • Report Format: PDF, PPT

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 Market Insights with Data Illustration:


In The News

  • The EAM300, the smallest CANopen interface rotary encoder in the MARGES EAM series, was introduced by Baumer. Its small size allows for more space in machine designs, and some variants provide design freedom. It is primarily intended for use in medical technology and mobile automation.
  • The FORTiS enclosed linear absolute encoder series was introduced by Renishaw plc. The series is built on RESOLUTE encoder technology and is suitable for use in harsh environments. Furthermore, it provides superior repeatability, reduced hysteresis, and improved measurement performance due to an advanced non-contact mechanical design that does not require a mechanical guidance carriage.

Author Credits:  Abhishek Verma, Hetal Singh

  • Report ID: 5388
  • Published Date: Nov 22, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing automation, digitization and adoption of industry 4.0 are the major factors driving the growth of the rotary encoder market.

The market size of rotary encoder is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

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.

The machine tool segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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