The global Parallel Absolute Encoder market size is predicted to grow from US$ 1281 million in 2025 to US$ 2200 million in 2031; it is expected to grow at a CAGR of 9.4% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A parallel absolute encoder is an angular/displacement measuring device that directly provides absolute position information through multi-channel outputs. Its core structure includes a code disc (engraved with binary, Gray code, or other coding patterns) and a corresponding array of photoelectric sensors, with each sensor channel corresponding to a coding bit on the code disc. When the encoder shaft rotates, each channel synchronously outputs parallel binary codes based on the occlusion state of the code disc, enabling real-time acquisition of absolute position values without relying on initial position or continuous counting. It features strong anti-interference capability, non-volatile position information during power outages, and fast response speed, and is commonly used in scenarios requiring absolute position feedback, such as high-precision servo systems, robot joint positioning, and CNC machine tools.
United States market for Parallel Absolute Encoder is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Parallel Absolute Encoder is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Parallel Absolute Encoder is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Parallel Absolute Encoder players cover Renishaw plc, Heidenhain GmbH, Sick AG, Baumer Group, Pepperl+Fuchs GmbH, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淧arallel Absolute Encoder Industry Forecast鈥� looks at past sales and reviews total world Parallel Absolute Encoder sales in 2024, providing a comprehensive analysis by region and market sector of projected Parallel Absolute Encoder sales for 2025 through 2031. With Parallel Absolute Encoder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Parallel Absolute Encoder industry.
This Insight Report provides a comprehensive analysis of the global Parallel Absolute Encoder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Parallel Absolute Encoder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Parallel Absolute Encoder market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Parallel Absolute Encoder and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Parallel Absolute Encoder.
This report presents a comprehensive overview, market shares, and growth opportunities of Parallel Absolute Encoder market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Photoelectric Type
Magnetoelectric Type
Capacitive Type
Segmentation by Application:
CNC Machine Tools
Printing Machines
Packaging Machinery
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Renishaw plc
Heidenhain GmbH
Sick AG
Baumer Group
Pepperl+Fuchs GmbH
Rockwell Automation, Inc.
Omron Corporation
Honeywell International Inc.
Schneider Electric SE
Mitsubishi Electric Corporation
FANUC Corporation
K眉bler Group
Leine & Linde AB
Dynapar Corporation
BEI Sensors
Bourns, Inc.
FRABA B.V.
Hengstler GmbH
Tamagawa Seiki Co., Ltd.
Balluff GmbH
Key Questions Addressed in this Report
What is the 10-year outlook for the global Parallel Absolute Encoder market?
What factors are driving Parallel Absolute Encoder market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Parallel Absolute Encoder market opportunities vary by end market size?
How does Parallel Absolute Encoder break out by Type, by Application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Parallel Absolute Encoder Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Parallel Absolute Encoder by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Parallel Absolute Encoder by Country/Region, 2020, 2024 & 2031
2.2 Parallel Absolute Encoder Segment by Type
2.2.1 Photoelectric Type
2.2.2 Magnetoelectric Type
2.2.3 Capacitive Type
2.3 Parallel Absolute Encoder Sales by Type
2.3.1 Global Parallel Absolute Encoder Sales Market Share by Type (2020-2025)
2.3.2 Global Parallel Absolute Encoder Revenue and Market Share by Type (2020-2025)
2.3.3 Global Parallel Absolute Encoder Sale Price by Type (2020-2025)
2.4 Parallel Absolute Encoder Segment by Application
2.4.1 CNC Machine Tools
2.4.2 Printing Machines
2.4.3 Packaging Machinery
2.4.4 Other
2.5 Parallel Absolute Encoder Sales by Application
2.5.1 Global Parallel Absolute Encoder Sale Market Share by Application (2020-2025)
2.5.2 Global Parallel Absolute Encoder Revenue and Market Share by Application (2020-2025)
2.5.3 Global Parallel Absolute Encoder Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Parallel Absolute Encoder Breakdown Data by Company
3.1.1 Global Parallel Absolute Encoder Annual Sales by Company (2020-2025)
3.1.2 Global Parallel Absolute Encoder Sales Market Share by Company (2020-2025)
3.2 Global Parallel Absolute Encoder Annual Revenue by Company (2020-2025)
3.2.1 Global Parallel Absolute Encoder Revenue by Company (2020-2025)
3.2.2 Global Parallel Absolute Encoder Revenue Market Share by Company (2020-2025)
3.3 Global Parallel Absolute Encoder Sale Price by Company
3.4 Key Manufacturers Parallel Absolute Encoder Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Parallel Absolute Encoder Product Location Distribution
3.4.2 Players Parallel Absolute Encoder Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Parallel Absolute Encoder by Geographic Region
4.1 World Historic Parallel Absolute Encoder Market Size by Geographic Region (2020-2025)
4.1.1 Global Parallel Absolute Encoder Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Parallel Absolute Encoder Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Parallel Absolute Encoder Market Size by Country/Region (2020-2025)
4.2.1 Global Parallel Absolute Encoder Annual Sales by Country/Region (2020-2025)
4.2.2 Global Parallel Absolute Encoder Annual Revenue by Country/Region (2020-2025)
4.3 Americas Parallel Absolute Encoder Sales Growth
4.4 APAC Parallel Absolute Encoder Sales Growth
4.5 Europe Parallel Absolute Encoder Sales Growth
4.6 Middle East & Africa Parallel Absolute Encoder Sales Growth
5 Americas
5.1 Americas Parallel Absolute Encoder Sales by Country
5.1.1 Americas Parallel Absolute Encoder Sales by Country (2020-2025)
5.1.2 Americas Parallel Absolute Encoder Revenue by Country (2020-2025)
5.2 Americas Parallel Absolute Encoder Sales by Type (2020-2025)
5.3 Americas Parallel Absolute Encoder Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Parallel Absolute Encoder Sales by Region
6.1.1 APAC Parallel Absolute Encoder Sales by Region (2020-2025)
6.1.2 APAC Parallel Absolute Encoder Revenue by Region (2020-2025)
6.2 APAC Parallel Absolute Encoder Sales by Type (2020-2025)
6.3 APAC Parallel Absolute Encoder Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Parallel Absolute Encoder by Country
7.1.1 Europe Parallel Absolute Encoder Sales by Country (2020-2025)
7.1.2 Europe Parallel Absolute Encoder Revenue by Country (2020-2025)
7.2 Europe Parallel Absolute Encoder Sales by Type (2020-2025)
7.3 Europe Parallel Absolute Encoder Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Parallel Absolute Encoder by Country
8.1.1 Middle East & Africa Parallel Absolute Encoder Sales by Country (2020-2025)
8.1.2 Middle East & Africa Parallel Absolute Encoder Revenue by Country (2020-2025)
8.2 Middle East & Africa Parallel Absolute Encoder Sales by Type (2020-2025)
8.3 Middle East & Africa Parallel Absolute Encoder Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Parallel Absolute Encoder
10.3 Manufacturing Process Analysis of Parallel Absolute Encoder
10.4 Industry Chain Structure of Parallel Absolute Encoder
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Parallel Absolute Encoder Distributors
11.3 Parallel Absolute Encoder Customer
12 World Forecast Review for Parallel Absolute Encoder by Geographic Region
12.1 Global Parallel Absolute Encoder Market Size Forecast by Region
12.1.1 Global Parallel Absolute Encoder Forecast by Region (2026-2031)
12.1.2 Global Parallel Absolute Encoder Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Parallel Absolute Encoder Forecast by Type (2026-2031)
12.7 Global Parallel Absolute Encoder Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Renishaw plc
13.1.1 Renishaw plc Company Information
13.1.2 Renishaw plc Parallel Absolute Encoder Product Portfolios and Specifications
13.1.3 Renishaw plc Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Renishaw plc Main Business Overview
13.1.5 Renishaw plc Latest Developments
13.2 Heidenhain GmbH
13.2.1 Heidenhain GmbH Company Information
13.2.2 Heidenhain GmbH Parallel Absolute Encoder Product Portfolios and Specifications
13.2.3 Heidenhain GmbH Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Heidenhain GmbH Main Business Overview
13.2.5 Heidenhain GmbH Latest Developments
13.3 Sick AG
13.3.1 Sick AG Company Information
13.3.2 Sick AG Parallel Absolute Encoder Product Portfolios and Specifications
13.3.3 Sick AG Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Sick AG Main Business Overview
13.3.5 Sick AG Latest Developments
13.4 Baumer Group
13.4.1 Baumer Group Company Information
13.4.2 Baumer Group Parallel Absolute Encoder Product Portfolios and Specifications
13.4.3 Baumer Group Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Baumer Group Main Business Overview
13.4.5 Baumer Group Latest Developments
13.5 Pepperl+Fuchs GmbH
13.5.1 Pepperl+Fuchs GmbH Company Information
13.5.2 Pepperl+Fuchs GmbH Parallel Absolute Encoder Product Portfolios and Specifications
13.5.3 Pepperl+Fuchs GmbH Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Pepperl+Fuchs GmbH Main Business Overview
13.5.5 Pepperl+Fuchs GmbH Latest Developments
13.6 Rockwell Automation, Inc.
13.6.1 Rockwell Automation, Inc. Company Information
13.6.2 Rockwell Automation, Inc. Parallel Absolute Encoder Product Portfolios and Specifications
13.6.3 Rockwell Automation, Inc. Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Rockwell Automation, Inc. Main Business Overview
13.6.5 Rockwell Automation, Inc. Latest Developments
13.7 Omron Corporation
13.7.1 Omron Corporation Company Information
13.7.2 Omron Corporation Parallel Absolute Encoder Product Portfolios and Specifications
13.7.3 Omron Corporation Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Omron Corporation Main Business Overview
13.7.5 Omron Corporation Latest Developments
13.8 Honeywell International Inc.
13.8.1 Honeywell International Inc. Company Information
13.8.2 Honeywell International Inc. Parallel Absolute Encoder Product Portfolios and Specifications
13.8.3 Honeywell International Inc. Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Honeywell International Inc. Main Business Overview
13.8.5 Honeywell International Inc. Latest Developments
13.9 Schneider Electric SE
13.9.1 Schneider Electric SE Company Information
13.9.2 Schneider Electric SE Parallel Absolute Encoder Product Portfolios and Specifications
13.9.3 Schneider Electric SE Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Schneider Electric SE Main Business Overview
13.9.5 Schneider Electric SE Latest Developments
13.10 Mitsubishi Electric Corporation
13.10.1 Mitsubishi Electric Corporation Company Information
13.10.2 Mitsubishi Electric Corporation Parallel Absolute Encoder Product Portfolios and Specifications
13.10.3 Mitsubishi Electric Corporation Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Mitsubishi Electric Corporation Main Business Overview
13.10.5 Mitsubishi Electric Corporation Latest Developments
13.11 FANUC Corporation
13.11.1 FANUC Corporation Company Information
13.11.2 FANUC Corporation Parallel Absolute Encoder Product Portfolios and Specifications
13.11.3 FANUC Corporation Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 FANUC Corporation Main Business Overview
13.11.5 FANUC Corporation Latest Developments
13.12 K眉bler Group
13.12.1 K眉bler Group Company Information
13.12.2 K眉bler Group Parallel Absolute Encoder Product Portfolios and Specifications
13.12.3 K眉bler Group Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 K眉bler Group Main Business Overview
13.12.5 K眉bler Group Latest Developments
13.13 Leine & Linde AB
13.13.1 Leine & Linde AB Company Information
13.13.2 Leine & Linde AB Parallel Absolute Encoder Product Portfolios and Specifications
13.13.3 Leine & Linde AB Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Leine & Linde AB Main Business Overview
13.13.5 Leine & Linde AB Latest Developments
13.14 Dynapar Corporation
13.14.1 Dynapar Corporation Company Information
13.14.2 Dynapar Corporation Parallel Absolute Encoder Product Portfolios and Specifications
13.14.3 Dynapar Corporation Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Dynapar Corporation Main Business Overview
13.14.5 Dynapar Corporation Latest Developments
13.15 BEI Sensors
13.15.1 BEI Sensors Company Information
13.15.2 BEI Sensors Parallel Absolute Encoder Product Portfolios and Specifications
13.15.3 BEI Sensors Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 BEI Sensors Main Business Overview
13.15.5 BEI Sensors Latest Developments
13.16 Bourns, Inc.
13.16.1 Bourns, Inc. Company Information
13.16.2 Bourns, Inc. Parallel Absolute Encoder Product Portfolios and Specifications
13.16.3 Bourns, Inc. Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Bourns, Inc. Main Business Overview
13.16.5 Bourns, Inc. Latest Developments
13.17 FRABA B.V.
13.17.1 FRABA B.V. Company Information
13.17.2 FRABA B.V. Parallel Absolute Encoder Product Portfolios and Specifications
13.17.3 FRABA B.V. Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 FRABA B.V. Main Business Overview
13.17.5 FRABA B.V. Latest Developments
13.18 Hengstler GmbH
13.18.1 Hengstler GmbH Company Information
13.18.2 Hengstler GmbH Parallel Absolute Encoder Product Portfolios and Specifications
13.18.3 Hengstler GmbH Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Hengstler GmbH Main Business Overview
13.18.5 Hengstler GmbH Latest Developments
13.19 Tamagawa Seiki Co., Ltd.
13.19.1 Tamagawa Seiki Co., Ltd. Company Information
13.19.2 Tamagawa Seiki Co., Ltd. Parallel Absolute Encoder Product Portfolios and Specifications
13.19.3 Tamagawa Seiki Co., Ltd. Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Tamagawa Seiki Co., Ltd. Main Business Overview
13.19.5 Tamagawa Seiki Co., Ltd. Latest Developments
13.20 Balluff GmbH
13.20.1 Balluff GmbH Company Information
13.20.2 Balluff GmbH Parallel Absolute Encoder Product Portfolios and Specifications
13.20.3 Balluff GmbH Parallel Absolute Encoder Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Balluff GmbH Main Business Overview
13.20.5 Balluff GmbH Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
