About Digital encoder
Digital encoder is a device used to convert data from one format to another format such as mechanical motion into electrical signals. Additionally, Encoders are used to translate the decimal values to the binary in order to perform the binary functions such as subtraction, addition, multiplication and others. Digital encoder used in devices that need to operate with high accuracy and high speed.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
US Digital announce that expanding its line of miniature encoders with a new shafted encoder. In which Micro shaft encoder is 40% smaller than US Digital’s next smallest shaft encoder S4T and comes with higher resolutions. This encoder is going to be a very versatile little encoder. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Digital encoder market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sensata Technologies, Inc. (United States), Bourns, Inc. (United States), ALPS ALPINE CO., LTD. (Japan), CUI Devices (United States), TT Electronics (United Kingdom), Dynapar Corporation (United States), HEIDENHAIN (United States),, Renishaw plc (United Kingdom),, ifm electronics (Germany), and POSITAL FRABA (Netherlands) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Vishay Intertechnology, Inc. (United States), Schneider Electric (France) and TE Connectivity (Switzerland).
Segmentation Overview
AMA Research has segmented the market of Global Digital encoder market by , Application (Professional and Consumer Audio, Industrial/Factory Automation, Medical Product, Portable Electronics Product and Others) and Region.
On the basis of geography, the market of Digital encoder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Type, the sub-segment i.e. Rotary Encoder will boost the Digital encoder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Magnetic will boost the Digital encoder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End user, the sub-segment i.e. Digital media will boost the Digital encoder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing trend of encoder in IOT industries and IOT related industries.
Market Growth Drivers:
Rising demand of industrial automation in various industries. and Increasing use of rotary encoder in automation industry such as in robotics, photographic lenses.
Challenges:
Increasingly competitive business environment. and Failures of encoder in harsh environments.
Restraints:
International rules and standards hampering the encoders market.
Opportunities:
Increasing demand of artificial intelligence gives the opportunity for digital encoder business. and Expansion of automotive electronic components market.
Market Leaders and their expansionary development strategies
In July 2022, Sensata Technologies, a manufacturer of sensor and motor products many with magnetic-rich designs, has acquired fast-growing Dynapower Company. This acquisition expands the sensata portfolio.
In February 2021- A newly formed Antix Digital Inc. providers of encoder and transcoders Company has acquired the Imagine Communications live streaming and compression technology. The main aims of company is to provide video encoder to the processing and streaming solutions.
Key Target Audience
Consulting firms,, New Entrants/Investors,, Raw material suppliers and End user industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.