The global absolute encoders market is driven by the increasing adoption of these devices in industrial applications, providing unique positional information without needing to reset after power loss. Key players are investing in advanced technology, despite challenges such as high costs and installation complexity. The market includes various segments based on product type, technology, and end-use industries.

1. Absolute Encoders Market: Introduction
An encoder is an electro mechanical device, which converts motion to electrical signals that are
readable by control devices such as counter or Programmable Logic Controller (PLC). With the help
of an encoder, position, count, speed, or direction can be obtained. An absolute encoder provides a
unique code for each shaft position. Thus, for an absolute encoder, every position is distinctive.
There are various players in the global market providing absolute encoders that are robust in nature
and capable of operating under critical conditions.
Absolute encoders consist of an encoder disc, which has marks or slots on a power-transmission
shaft and a stationary pickup. For each shaft position, a unique code is recorded by the absolute
encoder. One of the most striking features of absolute encoder is its capability to keep track of the
rotary-position change even when the system’s power is turned off and provide with the accurate
position when the power is switched on. Hence, absolute encoders are preferred in systems that
require failsafe operations. Absolute encoders offers various advantages, including non-volatility of
memory, programming flexibility, enhanced safety, and low susceptibility to electrical noise.
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Global Absolute Encoders Market: Competition Landscape
 Key players operating in the global absolute encoders market are focusing on the
development of advanced materials for manufacturing valves. Furthermore, they are
investing significantly in R&D activities for the development of advanced encoders.
 In November 2019, Renishaw plc, engineering and scientific technology companies, a
prominent launched a novel absolute encoder, the QUANTiC™. The features of this product
includes wide installation and operating tolerances, in addition to enhanced diagnostics
compatibility. This product is expected to increase the throughput of high-volume
production lines and offer potentially significant time and cost savings for OEM customers.
This move is expected to help the company improve its position in the global absolute
encoders market.
Dynapar
Dynapar is headquartered in Gurnee, Illinois, the U.S. The company manufactures and distributes
industrial, commercial, and heavy-duty encoders, resolvers, and accessories for motion feedback
control. The company supplies its products to consumers in various end-use industries, which
include defense, elevator, medical imaging, oil & gas, and pulp & paper, among others, throughout
the U.S. The company has been providing innovative, customized system solutions for virtually any
heavy-, industrial, servo- or light-duty application for over 50 years.
SICK AG
SICK AG was founded in 1946 and is headquartered in Waldkirch, Germany. The company
manufactures sensors, safety systems, machine vision, encoders, and automatic identification
products for industrial applications. It has a diverse product portfolio for various end-use industries,
including logistics, automotive, packaging, electronics, food & beverages, and material handling
markets. The company provides compact, flexible, and reliable absolute encoders in the market.
Rockwell Automation, Inc.

2. Rockwell Automation, Inc. was established in 1903 and is offers industrial automation and
information technology. It has a presence in more than 80 countries across the globe. The product
portfolio of the company includes control systems, industrial control components, information
software, motor control devices, sensing devices, safety technology, and industrial security, among
others. The company provides absolute encoders for position control and high-resolution
incremental feedback for speed control for various end-use industries.
Schneider Electric
Schneider Electric is headquartered in Rueil-Malmaison, France, and is engaged in digital
transformation of energy management and automation. The company has presence in more than
100 countries and is a prominent player in power management and automation systems. The
company provides a range of innovative rotary encoders opened to field BUS communication.
Some of the significant players in the global absolute encoders market are Renishaw plc., Italsensor
srl., US Digital, Encoder Products Company, National Instruments, BEI Sensors, Celera motion, CUI
Inc, CLR, Sensata technologies, Pepperl+Fuchs, Deem Controls, Inc., Omron corporation, Broadcom
Limited, ALPS, Bourns, Inc., and Panasonic Corporation, among others.
Global Absolute Encoders Market: Dynamics
Increase in Adoption of Absolute Encoders for Use in Industrial Applications
The expansion of the global absolute encoders market can be attributed to the increase in adoption
of absolute encoders for use in industrial applications for more complex or longer positioning tasks.
Incremental encoders have long been used to track motion in systems. However, they suffered the
limitation of starting from the reference point each time they were switched on. This limitation was
overcome by the use of absolute encoders and hence, they are increasingly being adopted in
industrial applications. As a result, the global absolute encoders market is projected to grow at a
significant rate in the near future.
High Cost of Absolute Encoders to Hamper Market
Key players operating in the market are upgrading their existing product portfolio and introducing
advanced products in the market, owing to rise in demand for absolute encoders. However, absolute
encoders are characterized by complexity and high installation cost associated with them. This factor
is likely to hinder the global absolute encoders market.
Global Absolute Encoders Market: Segmentation
The global absolute encoders market can be segmented based on:
 Product Type
 Technology
 End-use Industry
Global Absolute Encoders Market, by Product Type
In terms of product type, the global absolute encoders market can be divided into:
 Single Turn Absolute Encoder
 Multi Turn Absolute Encoder

3. Global Absolute Encoders Market, by Technology
Based on technology, the global absolute encoders market can be classified into:
 Insulated Shaft
 Magnetic Shaft
 Rotary
 Rotary Optical
Global Absolute Encoders Market, by End-use Industry
On the basis of end-use industry, the global absolute encoders market can be segregated into:
 Automotive
 Packaging Industry
 Food & Beverages
 Oil & Gas
 Energy & Utility
 Others (paper & print industry, material handling, chemical, among others)
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