Optical Encoder Ics Market, Global Outlook and Forecast 2023-2029

Optical encoders have been the popular choice in the motion control market for many years. They are comprised of an LED light source (typically infrared) and photodetectors placed on opposite sides of an encoder disk. This disk is constructed of plastic or glass and contains a series of alternating transparent and opaque lines or slots. During the rotation of the disk, the LED light path is interrupted by the alternating lines or slots on the disk, which in turn produces the typical square wave A & B quadrature pulses used to determine shaft rotation and speed.
This report aims to provide a comprehensive presentation of the global market for Optical Encoder Ics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Optical Encoder Ics. This report contains market size and forecasts of Optical Encoder Ics in global, including the following market information:
Global Optical Encoder Ics Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Optical Encoder Ics Market Sales, 2018-2023, 2024-2029, (Million Pcs)
Global top five Optical Encoder Ics companies in 2022 (%)
The global Optical Encoder Ics market was valued at US$ 230.5 million in 2022 and is projected to reach US$ 353.9 million by 2029, at a CAGR of 6.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global major companies profiled in the Optical Encoder Ics market include Broadcom, New Japan Radio, etc. Global top two companies account for nearly 50% of the market share.
In terms of consumption region, the market for Optical Encoder ICs divided into five geographic regions: In Europe, total Encoder IC accounted for about 25%. In North America, total Encoder IC accounted for over 30%. The Encoder IC market in Asia-Pacific accounted for over 30%.
Among the key type segments, Reflective Type Optical Encoder ICs segment accounted for the leading share in the market and is projected to dominate the market over the estimated period. And based on application, the world's largest application of Optical Encoder ICs is in Industrial Automation, accounted for over 25%, followed by Motors manufacturing with over 20 percent.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Optical Encoder Ics manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Optical Encoder Ics Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Million Pcs)
Global Optical Encoder Ics Market Segment Percentages, by Type, 2022 (%)
    Transmissive Type
    Reflective Type
Global Optical Encoder Ics Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Million Pcs)
Global Optical Encoder Ics Market Segment Percentages, by Application, 2022 (%)
    Industrial Automation
    Motors
    Medical
    Office Automation
    Consumer Electronics
    Semiconductor Equipment
    Measurement Equipment
    Others
Global Optical Encoder Ics Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Million Pcs)
Global Optical Encoder Ics Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Optical Encoder Ics revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Optical Encoder Ics revenues share in global market, 2022 (%)
Key companies Optical Encoder Ics sales in global market, 2018-2023 (Estimated), (Million Pcs)
Key companies Optical Encoder Ics sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Broadcom
    New Japan Radio
    SEIKO NPC
    IC-Haus
    PREMA Semiconductor
    Hamamatsu
Outline of Major Chapters:
Chapter 1: Introduces the definition of Optical Encoder Ics, market overview.
Chapter 2: Global Optical Encoder Ics market size in revenue and volume.
Chapter 3: Detailed analysis of Optical Encoder Ics manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Optical Encoder Ics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Optical Encoder Ics capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.