Lewes, DE -- (SBWIRE) -- 07/27/2018 -- Absolute Rotary Encoders will register a 7.2% CAGR in terms of revenue, reach US$ 13100 million by 2023, from US$ 8670 million in 2017.

A rotary encoder, also called a shaft encoder, is an electro-mechanical device that converts the angular position or motion of a shaft or axle to an analog or digital code. There are two main types: absolute and incremental (relative).

Absolute rotary encoders provide a distinctly coded numerical value for each shaft position. In positioning tasks in particular, the absolute encoders relieve the controller of computation tasks and keep costs down by eliminating the need for additional input components.

Moreover, reference runs when the machine is switched on or after power failures are no longer required as the current position value is available immediately. Parallel absolute encoders transmit the position value to the analyzing electronics through several parallel cables. Serial absolute encoders transmit their output data via standardized interfaces and protocols.

Absolute rotary encoders industry is relatively concentrated, manufacturers are mostly in the Japan, Europe and North America. Among them, Europe output value accounted for more than 45.71% of the total output value of global absolute rotary encoders in 2016. Heidenhain is the world leading manufacturer in global absolute rotary encoders market with the market share of 17.85%, in terms of revenue.

With the increasing in production capacity, expected that the absolute rotary encoders raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of absolute rotary encoders.

There are companies aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.

Over the next five years,study projects that Absolute Rotary Encoders will register a 7.2% CAGR in terms of revenue, reach US$ 13100 million by 2023, from US$ 8670 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Heidenhain
Tamagawa
Nemicon
P+F
TR Electronic
Baumer
Kuebler
Danaher (Hengstler)
Omron
Koyo
BEI
Sick
Yuheng Optics
ELCO
Wuxi CREATE
Roundss
Sanfeng
Shanghai HOUDE

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Multi-Turn
Single-Turn

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Healthcare
Machine Tool
Consumer Electronics
Assembly Equipment
Others

Spanning over 147 pages "Forecast of Global Absolute Rotary Encoders Market 2023" report covers Absolute Rotary Encoders Market Overview, Global Absolute Rotary Encoders Sales, Revenue (Value) and Market Share by Players, Global Absolute Rotary Encoders Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Absolute Rotary Encoders Sales, Revenue and Price, Europe Top 5 Players Absolute Rotary Encoders Sales, Revenue and Price, Asia-Pacific Top 5 Players Absolute Rotary Encoders Sales, Revenue and Price, South America Top 5 Players Absolute Rotary Encoders Sales, Revenue and Price, Middle East & Africa Top 5 Players Absolute Rotary Encoders Sales, Revenue and Price, Global Absolute Rotary Encoders Players Profiles/Analysis, Global Absolute Rotary Encoders Market Forecast (2018-2023), Absolute Rotary Encoders Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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