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Magnetic Absolute Encoders-Global Market Insights and Sales Trends 2025
Synopsis
Magnetic encoders are a type of rotary encoder that use sensors to identify changes in magnetic fields from a rotating magnetized wheel or ring. This report mainly focuses on magnetic absolute encoders market.
The global Magnetic Absolute Encoders market size is expected to reach US$ 889.3 million by 2029, growing at a CAGR of 7.6% from 2023 to 2029. The market is mainly driven by the significant applications of Magnetic Absolute Encoders in various end use industries. The expanding demands from the Elevator, NC Machine Tool, Textile Machinery and Others, are propelling Magnetic Absolute Encoders market. Multi-Turn Encoders, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Single-Turn Encoders segment is estimated at % CAGR for the next seven-year period.
Industrial upgrading and the gradual popularization of the Internet of Things will affect the development of industrial equipment, and will also bring driving force for the technological innovation and application growth of encoders. Rapid growth in industrial automation in various industries such as downstream markets such as medical, aerospace, automotive and electronics is driving the demand for magnetic encoders as they measure the rotation, angular velocity or position of moving parts in a wide range of applications. These factors will further promote the development of magnetic absolute encoders industry.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Magnetic Absolute Encoders, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Magnetic Absolute Encoders market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Magnetic Absolute Encoders market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Magnetic Absolute Encoders sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Magnetic Absolute Encoders covered in this report include HENGSTLER, Baumer Group, Pepperl+Fuchs, RENISHAW, Ifm Electronic, SIKO, ASM Sensor and BALLUFF, etc.
The global Magnetic Absolute Encoders market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
HENGSTLER
Baumer Group
Pepperl+Fuchs
RENISHAW
Ifm Electronic
SIKO
ASM Sensor
BALLUFF
Global Magnetic Absolute Encoders market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Magnetic Absolute Encoders market, Segment by Type:
Multi-Turn Encoders
Single-Turn Encoders
Global Magnetic Absolute Encoders market, by Application
Elevator
NC Machine Tool
Textile Machinery
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Magnetic Absolute Encoders manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Magnetic Absolute Encoders in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Magnetic encoders are a type of rotary encoder that use sensors to identify changes in magnetic fields from a rotating magnetized wheel or ring. This report mainly focuses on magnetic absolute encoders market.
The global Magnetic Absolute Encoders market size is expected to reach US$ 889.3 million by 2029, growing at a CAGR of 7.6% from 2023 to 2029. The market is mainly driven by the significant applications of Magnetic Absolute Encoders in various end use industries. The expanding demands from the Elevator, NC Machine Tool, Textile Machinery and Others, are propelling Magnetic Absolute Encoders market. Multi-Turn Encoders, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Single-Turn Encoders segment is estimated at % CAGR for the next seven-year period.
Industrial upgrading and the gradual popularization of the Internet of Things will affect the development of industrial equipment, and will also bring driving force for the technological innovation and application growth of encoders. Rapid growth in industrial automation in various industries such as downstream markets such as medical, aerospace, automotive and electronics is driving the demand for magnetic encoders as they measure the rotation, angular velocity or position of moving parts in a wide range of applications. These factors will further promote the development of magnetic absolute encoders industry.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Magnetic Absolute Encoders, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Magnetic Absolute Encoders market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Magnetic Absolute Encoders market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Magnetic Absolute Encoders sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Magnetic Absolute Encoders covered in this report include HENGSTLER, Baumer Group, Pepperl+Fuchs, RENISHAW, Ifm Electronic, SIKO, ASM Sensor and BALLUFF, etc.
The global Magnetic Absolute Encoders market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
HENGSTLER
Baumer Group
Pepperl+Fuchs
RENISHAW
Ifm Electronic
SIKO
ASM Sensor
BALLUFF
Global Magnetic Absolute Encoders market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Magnetic Absolute Encoders market, Segment by Type:
Multi-Turn Encoders
Single-Turn Encoders
Global Magnetic Absolute Encoders market, by Application
Elevator
NC Machine Tool
Textile Machinery
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Magnetic Absolute Encoders manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Magnetic Absolute Encoders in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Magnetic Absolute Encoders Market Overview
1.1 Magnetic Absolute Encoders Product Overview
1.2 Magnetic Absolute Encoders Market Segment by Type
1.2.1 Multi-Turn Encoders
1.2.2 Single-Turn Encoders
1.3 Global Magnetic Absolute Encoders Market Size by Type
1.3.1 Global Magnetic Absolute Encoders Market Size Overview by Type (2018-2029)
1.3.2 Global Magnetic Absolute Encoders Historic Market Size Review by Type (2018-2023)
1.3.3 Global Magnetic Absolute Encoders Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Magnetic Absolute Encoders Sales Breakdown by Type (2018-2023)
1.4.2 Europe Magnetic Absolute Encoders Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Magnetic Absolute Encoders Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Magnetic Absolute Encoders Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Magnetic Absolute Encoders Sales Breakdown by Type (2018-2023)
2 Global Magnetic Absolute Encoders Market Competition by Company
2.1 Global Top Players by Magnetic Absolute Encoders Sales (2018-2023)
2.2 Global Top Players by Magnetic Absolute Encoders Revenue (2018-2023)
2.3 Global Top Players by Magnetic Absolute Encoders Price (2018-2023)
2.4 Global Top Manufacturers Magnetic Absolute Encoders Manufacturing Base Distribution, Sales Area, Product Type
2.5 Magnetic Absolute Encoders Market Competitive Situation and Trends
2.5.1 Magnetic Absolute Encoders Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Magnetic Absolute Encoders Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Magnetic Absolute Encoders as of 2022)
2.7 Date of Key Manufacturers Enter into Magnetic Absolute Encoders Market
2.8 Key Manufacturers Magnetic Absolute Encoders Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Magnetic Absolute Encoders Status and Outlook by Region
3.1 Global Magnetic Absolute Encoders Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Magnetic Absolute Encoders Historic Market Size by Region
3.2.1 Global Magnetic Absolute Encoders Sales in Volume by Region (2018-2023)
3.2.2 Global Magnetic Absolute Encoders Sales in Value by Region (2018-2023)
3.2.3 Global Magnetic Absolute Encoders Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Magnetic Absolute Encoders Forecasted Market Size by Region
3.3.1 Global Magnetic Absolute Encoders Sales in Volume by Region (2024-2029)
3.3.2 Global Magnetic Absolute Encoders Sales in Value by Region (2024-2029)
3.3.3 Global Magnetic Absolute Encoders Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Magnetic Absolute Encoders by Application
4.1 Magnetic Absolute Encoders Market Segment by Application
4.1.1 Elevator
4.1.2 NC Machine Tool
4.1.3 Textile Machinery
4.1.4 Others
4.2 Global Magnetic Absolute Encoders Market Size by Application
4.2.1 Global Magnetic Absolute Encoders Market Size Overview by Application (2018-2029)
4.2.2 Global Magnetic Absolute Encoders Historic Market Size Review by Application (2018-2023)
4.2.3 Global Magnetic Absolute Encoders Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Magnetic Absolute Encoders Sales Breakdown by Application (2018-2023)
4.3.2 Europe Magnetic Absolute Encoders Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Magnetic Absolute Encoders Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Magnetic Absolute Encoders Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Magnetic Absolute Encoders Sales Breakdown by Application (2018-2023)
5 North America Magnetic Absolute Encoders by Country
5.1 North America Magnetic Absolute Encoders Historic Market Size by Country
5.1.1 North America Magnetic Absolute Encoders Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Magnetic Absolute Encoders Sales in Volume by Country (2018-2023)
5.1.3 North America Magnetic Absolute Encoders Sales in Value by Country (2018-2023)
5.2 North America Magnetic Absolute Encoders Forecasted Market Size by Country
5.2.1 North America Magnetic Absolute Encoders Sales in Volume by Country (2024-2029)
5.2.2 North America Magnetic Absolute Encoders Sales in Value by Country (2024-2029)
6 Europe Magnetic Absolute Encoders by Country
6.1 Europe Magnetic Absolute Encoders Historic Market Size by Country
6.1.1 Europe Magnetic Absolute Encoders Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Magnetic Absolute Encoders Sales in Volume by Country (2018-2023)
6.1.3 Europe Magnetic Absolute Encoders Sales in Value by Country (2018-2023)
6.2 Europe Magnetic Absolute Encoders Forecasted Market Size by Country
6.2.1 Europe Magnetic Absolute Encoders Sales in Volume by Country (2024-2029)
6.2.2 Europe Magnetic Absolute Encoders Sales in Value by Country (2024-2029)
7 Asia-Pacific Magnetic Absolute Encoders by Region
7.1 Asia-Pacific Magnetic Absolute Encoders Historic Market Size by Region
7.1.1 Asia-Pacific Magnetic Absolute Encoders Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Magnetic Absolute Encoders Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Magnetic Absolute Encoders Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Magnetic Absolute Encoders Forecasted Market Size by Region
7.2.1 Asia-Pacific Magnetic Absolute Encoders Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Magnetic Absolute Encoders Sales in Value by Region (2024-2029)
8 Latin America Magnetic Absolute Encoders by Country
8.1 Latin America Magnetic Absolute Encoders Historic Market Size by Country
8.1.1 Latin America Magnetic Absolute Encoders Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Magnetic Absolute Encoders Sales in Volume by Country (2018-2023)
8.1.3 Latin America Magnetic Absolute Encoders Sales in Value by Country (2018-2023)
8.2 Latin America Magnetic Absolute Encoders Forecasted Market Size by Country
8.2.1 Latin America Magnetic Absolute Encoders Sales in Volume by Country (2024-2029)
8.2.2 Latin America Magnetic Absolute Encoders Sales in Value by Country (2024-2029)
9 Middle East and Africa Magnetic Absolute Encoders by Country
9.1 Middle East and Africa Magnetic Absolute Encoders Historic Market Size by Country
9.1.1 Middle East and Africa Magnetic Absolute Encoders Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Magnetic Absolute Encoders Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Magnetic Absolute Encoders Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Magnetic Absolute Encoders Forecasted Market Size by Country
9.2.1 Middle East and Africa Magnetic Absolute Encoders Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Magnetic Absolute Encoders Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 HENGSTLER
10.1.1 HENGSTLER Company Information
10.1.2 HENGSTLER Introduction and Business Overview
10.1.3 HENGSTLER Magnetic Absolute Encoders Sales, Revenue and Gross Margin (2018-2023)
10.1.4 HENGSTLER Magnetic Absolute Encoders Products Offered
10.1.5 HENGSTLER Recent Development
10.2 Baumer Group
10.2.1 Baumer Group Company Information
10.2.2 Baumer Group Introduction and Business Overview
10.2.3 Baumer Group Magnetic Absolute Encoders Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Baumer Group Magnetic Absolute Encoders Products Offered
10.2.5 Baumer Group Recent Development
10.3 Pepperl+Fuchs
10.3.1 Pepperl+Fuchs Company Information
10.3.2 Pepperl+Fuchs Introduction and Business Overview
10.3.3 Pepperl+Fuchs Magnetic Absolute Encoders Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Pepperl+Fuchs Magnetic Absolute Encoders Products Offered
10.3.5 Pepperl+Fuchs Recent Development
10.4 RENISHAW
10.4.1 RENISHAW Company Information
10.4.2 RENISHAW Introduction and Business Overview
10.4.3 RENISHAW Magnetic Absolute Encoders Sales, Revenue and Gross Margin (2018-2023)
10.4.4 RENISHAW Magnetic Absolute Encoders Products Offered
10.4.5 RENISHAW Recent Development
10.5 Ifm Electronic
10.5.1 Ifm Electronic Company Information
10.5.2 Ifm Electronic Introduction and Business Overview
10.5.3 Ifm Electronic Magnetic Absolute Encoders Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Ifm Electronic Magnetic Absolute Encoders Products Offered
10.5.5 Ifm Electronic Recent Development
10.6 SIKO
10.6.1 SIKO Company Information
10.6.2 SIKO Introduction and Business Overview
10.6.3 SIKO Magnetic Absolute Encoders Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SIKO Magnetic Absolute Encoders Products Offered
10.6.5 SIKO Recent Development
10.7 ASM Sensor
10.7.1 ASM Sensor Company Information
10.7.2 ASM Sensor Introduction and Business Overview
10.7.3 ASM Sensor Magnetic Absolute Encoders Sales, Revenue and Gross Margin (2018-2023)
10.7.4 ASM Sensor Magnetic Absolute Encoders Products Offered
10.7.5 ASM Sensor Recent Development
10.8 BALLUFF
10.8.1 BALLUFF Company Information
10.8.2 BALLUFF Introduction and Business Overview
10.8.3 BALLUFF Magnetic Absolute Encoders Sales, Revenue and Gross Margin (2018-2023)
10.8.4 BALLUFF Magnetic Absolute Encoders Products Offered
10.8.5 BALLUFF Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Magnetic Absolute Encoders Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Magnetic Absolute Encoders Industrial Chain Analysis
11.4 Magnetic Absolute Encoders Market Dynamics
11.4.1 Magnetic Absolute Encoders Industry Trends
11.4.2 Magnetic Absolute Encoders Market Drivers
11.4.3 Magnetic Absolute Encoders Market Challenges
11.4.4 Magnetic Absolute Encoders Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Magnetic Absolute Encoders Distributors
12.3 Magnetic Absolute Encoders Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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