Functional Safety Encoder Market

The goal of functional safety encoders is to minimize or eliminate risks that can occur during normal and weakened operation of a machine or plant.
Functional Safety Encoder Market contains market size and forecasts of Functional Safety Encoder in global, including the following market information:
Global Functional Safety Encoder Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Functional Safety Encoder Market Sales, 2018-2023, 2023-2030, (K Units)
Global top five Functional Safety Encoder companies in 2022 (%)
The global Functional Safety Encoder market was valued at million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Absolute Rotary Encoder Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Functional Safety Encoder include Heidenhain, SICK, Baumer, Sensata Technologies, Dynapar, K?bler Group, Renishaw, TR-Electronic GmbH and ABB, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Functional Safety Encoder 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 Functional Safety Encoder Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Functional Safety Encoder Market Segment Percentages, by Type, 2022 (%)
Absolute Rotary Encoder
Incremental Rotary Encoder
Global Functional Safety Encoder Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Functional Safety Encoder Market Segment Percentages, by Application, 2022 (%)
Lifting Equipment
Handling Equipment
Agricultural Equipment
Others
Global Functional Safety Encoder Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Functional Safety Encoder 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 Functional Safety Encoder revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Functional Safety Encoder revenues share in global market, 2022 (%)
Key companies Functional Safety Encoder sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Functional Safety Encoder sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Heidenhain
SICK
Baumer
Sensata Technologies
Dynapar
K?bler Group
Renishaw
TR-Electronic GmbH
ABB
SEW Eurodrive
Siemens
POSITAL
Wieland Electric
Balluff
Lika Electronic
Hengstler
IC Haus Corporation
Johannes H?bner Giessen
Turck