Motion Control Encoders Market Analysis

Type (Incremental Encoder, Absolute Encoder)

The global motion control encoders market is segmented and analyzed for demand and supply by type into the incremental encoder, and absolute encoder. Out of these segments, the absolute encoder segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the growing sale of all products in the automotive sector including cars worldwide along with rising demand for motion control systems. For instance, it was observed that, globally, the automotive industry’s unit sales volume (including cars) reached around 78 million units in 2022. Absolute encoders are marketed as feedback devices to provide information associated with position, speed, and others. Absolute encoders are used mainly for the single revolution of the shaft. Such factors are expected to hike the growth of the segment during the forecast period.

Application (Automotive, Robotics, Food & Beverage, Textile, Consumer Electronics, Marine, Satellites)

The global motion control encoders market is also segmented and analyzed for demand and supply by application into automotive, robotics, food & beverage, textile, consumer electronics, marine industry, and satellites. The robotics segment is expected to garner a significant share among these segments. Motion control encoders are heavily used in robotics to pick, handle, and pack applications. These processes require measured force sensing and adjustment. For precise motion feedback and control, motion control encoders are heavily used in robotics. Robotics are used for several purposes such as rehabilitation, cleaning, nursing, sterilization, transportation, and others. It is estimated that every year nearly 300,000 robots are marketed while nearly 2 million industrial robots are functioning globally. Additionally, in 2021, approximately 500,000 new industrial robots were launched worldwide.

Our in-depth analysis of the global market includes the following segments: