Market HighlightsAccording to Market Research Future, the market for optical encoder has been segmented on the basis of type, channel, end user, and region.Optical encoder analyses light waves to represent data such as position, direction, or velocity.
For rotary applications, the encoder acts in accordance with the rotating shaft and receives the movement data.
The key advantages offered by optical encoders are high performance, low power consumption, increased flexibility, ease of installation, and reduced product size among others.
(UK)Dynapar (US)Allied Motion Technologies Inc. (US)Codechamp SA (France)Turck Holding GmbH (Germany)Honeywell International Inc. (US)GrayHill Inc. (US)Tokyo Sokuteikizai Co., Ltd (Japan)Bourns Inc. (US)Baumer Group (Switzerland)Faulhaber Group (Germany)CTS Corporation (US).Segmentation:Based on type, the market has been segregated into incremental and absolute optical encoders.
The absolute optical encoder market segment is estimated to be the largest during the review period; it is expected to register the higher CAGR during the forecast period.
The 2-channel segment held the highest market share in 2018.
Market HighlightsAccording to Market Research Future, the market for optical encoder has been segmented on the basis of type, channel, end user, and region.Optical encoder analyses light waves to represent data such as position, direction, or velocity.
For rotary applications, the encoder acts in accordance with the rotating shaft and receives the movement data.
The key advantages offered by optical encoders are high performance, low power consumption, increased flexibility, ease of installation, and reduced product size among others.
(UK)Dynapar (US)Allied Motion Technologies Inc. (US)Codechamp SA (France)Turck Holding GmbH (Germany)Honeywell International Inc. (US)GrayHill Inc. (US)Tokyo Sokuteikizai Co., Ltd (Japan)Bourns Inc. (US)Baumer Group (Switzerland)Faulhaber Group (Germany)CTS Corporation (US).Segmentation:Based on type, the market has been segregated into incremental and absolute optical encoders.
The absolute optical encoder market segment is estimated to be the largest during the review period; it is expected to register the higher CAGR during the forecast period.
The 2-channel segment held the highest market share in 2018.