Published Date: 2019-11-19 | Pages: Ongoing | Tables: Ongoing | Report ID: 8222 | Industry: Electronics & Semiconductor |
Format :
The global Optical Linear Encoder market is expected to benefit from increasing need for accuracy, precision, and control in the industrial sector. Encoders, nowadays, have become an essential equipment for many industrial applications that need feedback information. An encoder has the ability to enable the users to utilize this information for accurate motion control. Encoders are increasingly preferred in a wide range of applications such as printers, medical devices, industrial automation, and scientific equipment.
It has been observed that linear encoders with magnetic sensing technology are gaining traction in the Optical Linear Encoder market for their mechanical and electrical features. For instance, RLS Encoders, a key company, has introduced LM10 linear incremental magnetic encoder system. It is a contactless high-speed linear magnetic encoder, especially designed to be used in harsh environments.
Manufacturers to adopt novel product development as a key growth strategy
Some of the key manufacturers operating in the Optical Linear Encoder market are HESSE+CO Maschinenfabrik GmbH, JAD Systems, Celera Motion, RLS Encoders, ATEK Sensor Technologies, Solartron Metrology, HEIDENHAIN, Treotham, and Balluff. Manufacturers are taking up growth strategies such as extensive research and development, novel product development, and business expansion in order to strengthen their presence in the Optical Linear Encoder market.
For instance, NUMERIK JENA, which is part of the HEIDENHAIN group, based in Jena, Germany, introduced the LIKgo. It is a newly designed low-cost linear encoder that meets the demand of production as well as inspection machines in the semiconductor industry. It is compact and easy to install, along with generous mounting tolerances.
Growing Industrial Applications of Optical Linear Encoders to Drive the Market
Widening application scope of Optical Linear Encoders in industries including automotive and electronics is a major driver supporting the Optical Linear Encoder market growth. Increasing need among industrial operators for a sophisticated automation equipment is one of the key factors driving the Optical Linear Encoder market. Benefits such as compact design, enhanced operational speed, easy process control, high accuracy in workflow, and high productivity associated with these Optical Linear Encoders are also likely to increase their adoption among the end-user industries.
Market Segmentation
By Type
● Axle Type
● Shaft Type
By Application
● CMM
● Laser Scanners
● Callipers
● Others
Optical Linear Encoder are anticipated to find extensive application in coordinate-measuring machines in future. Manufacturers are in need of CMMs that achieve high performance and system stability. This may get affected by temperature fluctuations, thus hampering the overall accuracy. This is where the role of Optical Linear Encoder comes into play. The report also offers detailed analysis of type segments including axle and shaft types in the Optical Linear Encoder market.
By Region
North America is expected to witness significant growth in the coming years owing to well-established industrial sector, which is creating robust demand for Optical Linear Encoders. Technological innovations and extensive research and development by the key players are also expected to positively influence the Optical Linear Encoder market growth in this region. Surge in the number of end-use industries is a key factor driving the Optical Linear Encoder market in Asia Pacific. Manufacturers are also adopting novel techniques in the production of encoders to cut down the cost, save time, and enhance the overall efficiency.
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