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Global Automotive Speed Encoder Market Report 2019: Market Value is Expected to Reach USD 396 Million in 2026

  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2019 to 2026

Encoders are sensors that generate digital signals in response to movement, it has characteristics such as high-precision, large range measurement, fast response, digitized output; it is small size, lightweight, compact, easy to install, simple to maintain, work reliably.

Market Snapshot

This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Automotive Speed Encoder market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East and Africa.

The global Automotive Speed Encoder market is expected to increase from USD 311 million in 2019 to USD 396 million by 2026, registering a CAGR of 3.54% from 2019 to 2026.

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Competitive Landscape

Major manufacturers profiled in the analysis report include NTN-SNR, Freudenberg-NOK, Dynapar, Renishaw, TE Connectivity, Hutchinson, LENORD+BAUER, AMS, Baumer Hübner, Timken, ADMOTEC, Allegro MicroSystems, VS Sensorik GmbH, Doway Tech, Ha Nan Ye, EBI, Unionstar Electronics, Haining Zhongteng, Xinyak Sensor, and others.

Growth Driver

With the improvement of the automation of mechanical equipment, the application fields of encoder products are becoming more and more extensive. Moreover, with the recovery of the global economy and the development of emerging powers, the Automotive Speed Encoder market is endowed with a promising future.

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Regional Overview

North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa are the key regional segments of the global Automotive Speed Encoder market. North America is the largest market at a share of 32.28%. Europe is currently leading Asia-Pacific with a share of 26.41% and 25.74%, owing to the increased use of automotive speed encoders in various fields.

Type Overview

  • Axial Encoder
  • Radial Encoder

Application Overview

  • Passenger Cars
  • Commercial Vehicles
  • Others

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Target Audience:

Automotive Speed Encoder manufacturers

Raw material suppliers of Automotive Speed Encoder

Distributors and resellers of Automotive Speed Encoder

Automotive Speed Encoder industry associations

Product managers, Automotive Speed Encoder industry administrator, C-level executives of the industries

Market Research and consulting firms