Digital Readout Equipment Market

Digital Readout Equipment Market Analysis, By Encoder (Linear Encoders, Rotary Encoders), By Resolution (1 µm, 5 µm), By Display (LCD & LED Graphic Displays), By Axis (Single Axis, Multi-Axis), By End-use Industry & Region - Global Market Insights 2023-2033

Analysis of Digital Readout Equipment Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Digital Readout Equipment Market Outlook (2023-2033)

The global digital readout equipment market is set to reach a valuation of US$ 863.4 million in 2023 and expand at a CAGR of 6.2% to end up at US$ 1.58 billion by 2033. Worldwide sales of digital readout equipment are expected to equal an absolute dollar opportunity of US$ 770.5 million over the forecast period (2023-2033).

According to this new analysis by Fact.MR, a market research and competitive intelligence provider, utilization of digital readout equipment witnessed a growth rate of 4.1% from 2018 to 2022.

Data is crucial for consistent and reliable manufacturing. This is why the data needs to be accurate and trustworthy, otherwise, it is nothing beyond numbers. With the use of digital readout (DRO), reading and recording data can be made effortless. A digital readout system is a combination of a simple computer, axis position encoders, and a numeric display with integrated keyboards.

DROs have plenty of functionalities, providing commutation of common operations faster, safer, and easier with accurate results. Since digital readout equipment facilitates operations such as milling, turning, boring, grinding, and other similar tasks, it results in reduced time and manpower, leading to optimized operational efficiency.

End-use industries such as industrial, manufacturing, and many others have vital requirements with precise data. Especially for metalworking such as lathes, milling machines, boring mills, planning machines, and other similar machines and equipment, DROs aid in keeping track of and display to the machine operator the precise tool or workpiece position.

There are various types of digital readout devices, among which, three axis is the preferred choice among machine tool builders and users alike due to their versatile features. Six axis DROs are anticipated to replace conventional DROs due to their extensive extra functions such as programs for recurring tasks, versatile mounting functions, and intuitive user interface counting to more flexibility in the type of work undertaken on the machine.

Furthermore, the surging use of digital readout equipment in industrial automation and robotics is likely to supplement the growth of the market over the period of 2023 to 2033. Rotary encoder DROs are predicted to account for a market value of US$ 541.7 million in 2023.

As mentioned earlier, demand for digital readout equipment is expected to grow due to the lucrative industrial and manufacturing sector, undeterred by significant labor and supply chain challenges. Manufacturers accelerating their adoption of digitalization and investing in greenfield and brownfield smart factories are viewed as one of the keys to driving competitiveness in the digital readout equipment landscape.

Skilled labor shortage, supply chain instability, and inventory management concerns will also positively impact digital readout equipment market growth. Implementation of smart systems, enhancing the process, and improving performance monitoring and decision-making, would also contribute to the increased sales of digital readouts.

The manufacturing industry enduring a digital transformation to increase efficiency, productivity, and accuracy, will drive worldwide digital readout equipment demand.

Report Attributes

Details

Market Size (2022A)

US$ 809.6 Million

Estimated Market Value (2023E)

US$ 863.4 Million

Forecasted Market Value (2033F)

US$ 1.58 Billion

Global Market Growth Rate (2023-2033)

6.2% CAGR

North America Market Share (2023)

~ 27.6%

North America Market Value (US$ Mn), 2023

US$ 238.3 Million

Europe Market Share (%), 2023

~29.4%

Europe Market Value (US$ Mn), 2023

US$ 253.8 Million

China Market Share (%), 2023

~11.4%

China Market Value (US$ Mn), 2023

US$ 98.44 Million

Top 3 Countries’ Market Share (%)

~38.2%

Key Companies Profiled

  • ACU-RITE
  • DRO PROS
  • Easson-Vertex
  • Fagor Automation
  • Faridabad Control Electricals Private Limited
  • HEIDENHAIN
  • JIRKA a spol., Ltd.
  • Newall
  • Sichuan Aikron Precision Tool Co., Ltd
  • Sterling TSI Co. Ltd.
  • Warren Machine Tools Ltd
  • Zhejiang Pinrui precision instrument co., ltd

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

What’s Driving Demand for Digital Readout Equipment?

“Digitalization of Manufacturing Associated with IR.4.0 Will Be Key Factor Fueling Market Growth”

In a majority of sectors such as metalworking, optical, electrical & electronics, automobiles, and many more, digital readouts find high application. DROs have a lot of functionalities in providing the computation of routine operations with the capability to accurately monitor position, without operators needing to worry about mechanical issues in machines.

With the emergence of industrial digitalization, manufacturing industries are also integrating digital technologies, which will enhance productivity, lower costs, and will be key to structuring a more vibrant manufacturing sector.

In the Industry 4.0 era, digital readouts can gather data from across a plant or multiple plants. They can send the data for analysis and indicate trends. As businesses become more intelligent, the requirement for real-time data and monitoring has become a crucial component of the intelligent manufacturing environment. Subsequently, the demand for digital readouts is increasing in various industries as they aid in achieving the goal of a smart manufacturing system.

“Economic Advantage to Drive Market Expansion”

Economic factors are an excellent reason to choose digital readouts for basic applications. A DRO consisting of a numeric display, computer, and three axis position encoders costs between US$ 2,000 to US$ 3,000, whereas, a CNC control with three axis control and servo actuators to move the cutting head might be ten times costlier.

When a manufacturer needs to make prototype parts or one-off products in support of maintenance and repair services, manual machines are relevant. The resolutions and accuracies needed in these applications are less than those of a CNC operating in a machine shop.

With advancements in technology, digital readouts are also getting smarter. Nowadays, DROs with up to six axis are available and also specially designed for EDMs and optical comparators. Thus, all these benefits of digital readouts in different applications will open up new doors of opportunities for digital readout manufacturing companies over the coming years.

What Concerns Do Digital Readout Equipment Manufacturers Have?

“Acceleration of Automation Adoption to Impede Market Growth”

With the advancement of CNC conversational controls and offline CAM programming, machine tool operators can create part programs directly at a machine’s control without a human. Since conventional digital readouts only monitor position, they make manufacturer organizations reluctant towards their benefits.

In addition, conversational programming provides simple, fast solutions directly on a machine’s control unit, with CAM programming used for more complex parts. It can also create quick prototype part designs using a machine’s controls. New menu-driven software applications that let users of various ability levels input data into prompt and drop-down choices for the machine's control have emerged as a result of developments in automation.

These advancements are potential threats to digital readout suppliers’ growth; however, they are still a good reason to choose basic applications.

Market share analysis of digital readout equipment based on end-use industry and region. Under the end-use industry segment, discrete manufacturing leads with 32.2% market share in 2023.

Digital readout equipment market forecast by Fact.MR

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Country-wise Insights

Why Does the U.S. Account for High Demand of Digital Readout Equipment?

The United States digital readout equipment market is currently estimated at US$ 200.7 million and is predicted to expand at a CAGR of 5.1% during the forecast period.

The United States possesses one of the world's largest industrial and manufacturing sectors, roughly accounting for 16.6% of global manufacturing. Digital readouts have a very promising future in the country due to improved production capabilities because of advanced manufacturing process implementations in the industry.

How is China Faring in the Digital Readout Equipment Industry?

China will hold 11.4% share of the global digital readout equipment market in 2023 and is projected to expand at the rate of 6% during the forecast years. Due to rapidly expanding sectors in the country, such as discrete manufacturing, metalworking, and industrial automation, sales of digital readout equipment are expected to increase substantially over the coming years.

Moreover, owing to the developing construction and manufacturing sectors in China and the rise of the country as a manufacturing hub of the world, demand for DROs is expected to propel owing to their application in metalworking. China holds a strong position at the country level and will account for around 56% share of East Asia`s digital readout equipment market in 2023.

Category-wise Insights

What is the Potential of Digital Readout Equipment in Discrete Manufacturing?

Key manufacturers are offering DROs specifically for lathes and milling machines. Thus, the utilization of digital readout equipment has increased consistently in the recent past, surpassing a market valuation of US$ 809.6 million in 2022.

Market players are offering digital readouts that can be installed into various types of machinery such as machine tools, dividing apparatuses, measuring and inspection equipment, setting tools, and more, to precisely track the position of a workpiece on the machine, thereby improving the accuracy and speed of the machining process.

In addition, the capability of DROs to accept input from various sources such as dimensional gages, machine tools, coordinate measuring machines, measuring microscopes, and optical comparators makes them ideal for discrete manufacturing. The discrete manufacturing end-use industry will see a valuation of around US$ 278 million in 2023 and is expected to hold a market share of 32.2% under the end-use segment.

Why are Linear Encoders Likely to Witness Accelerated Demand Growth?

Revenue generated from linear encoder digital readouts under the encoder segment is expected to increase at 4.2% CAGR during the forecast period.

Linear encoders are more frequently used than rotary encoders in lathe and mill works as they help errors in motion transmissions such as hysteresis and backlash. Rotary encoders lack the feature to track the effect of significant friction placed on a ball screw during high speed and acceleration or deceleration rates.

In 2023, the linear encoder DRO segment is predicted to account for the highest market share of 62.7% and reach a market value of US$ 541.4 million.

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Competitive Landscape

Prominent digital readout equipment manufacturers are ACU-RITE, Easson-Vertex, Elctronica, Fagor Automation, Faridabad Control Electricals Private Limited, HEIDENHAIN, JIRKA a spol., Ltd., Newall, Sichuan Aikron Precision Tool Co., Ltd, Sterling TSI Co. Ltd., Warren Machine Tools Ltd, and Zhejiang Pinrui Precision Instrument Co., Ltd.

Leading manufacturers of digital readouts are focused on developing application-specific products to optimize the efficiency and accuracy of their tasks. Companies are focused on developing entry-level, mid-range, and high- end products to meet various levels of functionality and price points. Working with customers, manufacturers are identifying and addressing the specific needs of applications and tailoring customized solutions.

For instance :

  • Newall launched a new meterology-focused DRO in August 2022, DRO203Q, which uses power of DRO203 hardware to integrate geometric metrology functions. It will be useful in applications for optical comparators and measuring microscopes as it meets the needs for basic 2D meterology functions.
  • Global manufacturer of precision hand tools L.S Starret Company, launched MetLogix Mx200 DRO in April 2020, which offers an intuitive user experience with a wide range of functionalities and current touchscreen conventions for optical comparators. It is capable of crosshair measurement and optical edge detection. It also has an exclusive EdgeLogic feature that allows gesture-driven control of start and end measurement commands, thereby minimizing the requirement to interact with the DRO directly.

Fact.MR has provided detailed information about the price points of key manufacturers of digital readout equipment positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Digital Readout Equipment Industry Research

  • By Encoder :

    • Linear Encoders
      • Optical
      • Magnetic
    • Rotary Encoders
      • Optical
      • Magnetic
  • By Resolution :

    • 1 µm
    • 5 µm
  • By Display :

    • LCD Graphic Displays
    • LED Graphic Displays
  • By Axis :

    • Single Axis
    • Multi-Axis
      • 2 Axis
      • 3 Axis
      • 4 Axis
      • 5 Axis
      • 6 Axis
  • By End-use Industry :

    • Aerospace & Defense
    • Automobile Industry
    • Discrete Manufacturing
    • Electrical & Electronics Industry
    • Industrial Automation & Robotics
    • Metal Working Industry
    • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Table of Content

1. Market - Executive Summary

2. Market Overview

    2.1. Market Definition and Introduction

    2.2. Market Taxonomy/ Research Scope

3. Market Background and Foundation Data

    3.1. Number of Installed Base for Display and Monitoring Units

    3.2. Average Number of Installed per 1000 end use facilities

        3.2.1. Aerospace & Defense

        3.2.2. Automobile Industry

        3.2.3. Discrete Manufacturing

        3.2.4. Electrical & Electronics Industry

        3.2.5. Industrial Automation & Robotics

        3.2.6. Metal Working Industry

        3.2.7. Others

    3.3. Average Spending on Digital Readout Equipment, by End Users

    3.4. Growth & Development Pattern in Market

    3.5. Market Opportunity Assessment

        3.5.1. Total Available Market (US$ Mn)

        3.5.2. Serviceable Addressable Market (US$ Mn)

        3.5.3. Serviceable Obtainable Market (US$ Mn

    3.6. Market Dynamics

        3.6.1. Market Growth Drivers

        3.6.2. Market Restraints

        3.6.3. Market Opportunity

        3.6.4. Market Trends

    3.7. Forecast and Macro-economic Factors – Relevance and Impact

4. Global Demand (Units) Analysis and Forecast

    4.1. Historical Market Volume (Units) Analysis, 2018-2022

    4.2. Current and Future Market Volume (Units) Projections, 2023-2033

    4.3. Y-o-Y Volume Growth Trend Analysis

5. Global Market - Pricing Analysis

    5.1. Product Type and Country-Level Pricing Analysis

    5.2. Global Average Pricing Analysis Benchmark

    5.3. Factors Influencing Pricing

6. Global Market Value (US$ million) Analysis and Forecast

    6.1. Historical Market Value (US$ million) Analysis, 2018-2022

    6.2. Current and Future Market Value (US$ million) Projections, 2023-2033

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Global Market Analysis and Forecast, By Encoder

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Encoder, 2018-2022

    7.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Encoder, 2023-2033

        7.3.1. Linear Encoders

            7.3.1.1. Optical

            7.3.1.2. Magnetic

        7.3.2. Rotary Encoders

            7.3.2.1. Optical

            7.3.2.2. Magnetic

    7.4. Market Attractiveness Analysis By Encoder

8. Global Market Analysis and Forecast, By Resolution

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Resolution , 2018-2022

    8.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Resolution , 2023-2033

        8.3.1. 1 µm

        8.3.2. 5 µm

    8.4. Market Attractiveness Analysis By Resolution

9. Global Market Analysis and Forecast, By Display

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Display , 2018-2022

    9.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Display , 2023-2033

        9.3.1. LCD Graphic Display

        9.3.2. LED Graphic Display

    9.4. Market Attractiveness Analysis By Display

10. Global Market Analysis and Forecast, By Axis

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Axis , 2018-2022

    10.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Axis , 2023-2033

        10.3.1. Single Axis

        10.3.2. Multi Axis

            10.3.2.1. 2 Axis

            10.3.2.2. 3 Axis

            10.3.2.3. 4 Axis

            10.3.2.4. 5 Axis

            10.3.2.5. 6 Axis

    10.4. Market Attractiveness Analysis By Axis

11. Global Market Analysis and Forecast, By End Use Industry

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ million) and Volume (Units) Analysis By End Use Industry , 2018-2022

    11.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By End Use Industry , 2023-2033

        11.3.1. Aerospace & Defense

        11.3.2. Automobile Industry

        11.3.3. Discrete Manufacturing

        11.3.4. Electrical & Electronics Industry

        11.3.5. Industrial Automation & Robotics

        11.3.6. Metal Working Industry

        11.3.7. Others

    11.4. Market Attractiveness Analysis By End Use Industry

12. Global Market Analysis and Forecast, By Region

    12.1. Introduction

    12.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Region, 2018-2022

    12.3. Current Market Size (US$ million) Analysis and Volume (Units) Forecast By Region, 2023-2033

        12.3.1. North America

        12.3.2. Latin America

        12.3.3. Europe

        12.3.4. East Asia

        12.3.5. South Asia & Oceania

        12.3.6. Middle East & Africa

    12.4. Market Attractiveness Analysis By Region

13. North America Market Analysis and Forecast

    13.1. Introduction / Key Findings

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    13.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2022 - 2032

        13.4.1. By Country

            13.4.1.1. U.S.

            13.4.1.2. Canada

        13.4.2. By Encoder

        13.4.3. By Resolution

        13.4.4. By Display

        13.4.5. By Axis

        13.4.6. By End Use Industry

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Encoder

        13.5.3. By Resolution

        13.5.4. By Display

        13.5.5. By Axis

        13.5.6. By End Use Industry

14. Latin America Market Analysis and Forecast

    14.1. Introduction / Key Findings

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    14.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2022 - 2032

        14.4.1. By Country

            14.4.1.1. Brazil

            14.4.1.2. Mexico

            14.4.1.3. Argentina

            14.4.1.4. Rest of Latin America

        14.4.2. By Encoder

        14.4.3. By Resolution

        14.4.4. By Display

        14.4.5. By Axis

        14.4.6. By End Use Industry

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Encoder

        14.5.3. By Resolution

        14.5.4. By Display

        14.5.5. By Axis

        14.5.6. By End Use Industry

15. Europe Market Analysis and Forecast

    15.1. Introduction / Key Findings

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    15.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2022 - 2032

        15.4.1. By Country

            15.4.1.1. Germany

            15.4.1.2. France

            15.4.1.3. Italy

            15.4.1.4. Spain

            15.4.1.5. U.K.

            15.4.1.6. BENELUX

            15.4.1.7. Russia

            15.4.1.8. Rest of Europe

        15.4.2. By Encoder

        15.4.3. By Resolution

        15.4.4. By Display

        15.4.5. By Axis

        15.4.6. By End Use Industry

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Encoder

        15.5.3. By Resolution

        15.5.4. By Display

        15.5.5. By Axis

        15.5.6. By End Use Industry

16. East Asia Market Analysis and Forecast

    16.1. Introduction / Key Findings

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    16.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2022 - 2032

        16.4.1. By Country

            16.4.1.1. China

            16.4.1.2. Japan

            16.4.1.3. South Korea

        16.4.2. By Encoder

        16.4.3. By Resolution

        16.4.4. By Display

        16.4.5. By Axis

        16.4.6. By End Use Industry

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Encoder

        16.5.3. By Resolution

        16.5.4. By Display

        16.5.5. By Axis

        16.5.6. By End Use Industry

17. South Asia & Oceania Market Analysis and Forecast

    17.1. Introduction / Key Findings

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    17.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2022 - 2032

        17.4.1. By Country

            17.4.1.1. India

            17.4.1.2. Thailand

            17.4.1.3. Indonesia

            17.4.1.4. Malaysia

            17.4.1.5. Australia

            17.4.1.6. New Zealand

            17.4.1.7. Rest of South Asia & Oceania

        17.4.2. By Encoder

        17.4.3. By Resolution

        17.4.4. By Display

        17.4.5. By Axis

        17.4.6. By End Use Industry

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Encoder

        17.5.3. By Resolution

        17.5.4. By Display

        17.5.5. By Axis

        17.5.6. By End Use Industry

18. Middle East & Africa Market Analysis and Forecast

    18.1. Introduction / Key Findings

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    18.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2022 - 2032

        18.4.1. By Country

            18.4.1.1. GCC Countries

            18.4.1.2. South Africa

            18.4.1.3. Northern Africa

            18.4.1.4. Turkey

            18.4.1.5. Rest of Middle East & Africa

        18.4.2. By Encoder

        18.4.3. By Resolution

        18.4.4. By Display

        18.4.5. By Axis

        18.4.6. By End Use Industry

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Encoder

        18.5.3. By Resolution

        18.5.4. By Display

        18.5.5. By Axis

        18.5.6. By End Use Industry

19. Country-level Market Analysis and Forecast

    19.1. Introduction / Key Findings

        19.1.1. Market Value Proportion Analysis, By Key Countries

        19.1.2. Global Vs. Country Growth Comparison

    19.2. US Market Analysis

        19.2.1. Value Proportion Analysis by Market Taxonomy

        19.2.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.2.2.1. By Encoder

            19.2.2.2. By Resolution

            19.2.2.3. By Display

            19.2.2.4. By Axis

            19.2.2.5. By End Use Industry

    19.3. Canada Market Analysis

        19.3.1. Value Proportion Analysis by Market Taxonomy

        19.3.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.3.2.1. By Encoder

            19.3.2.2. By Resolution

            19.3.2.3. By Display

            19.3.2.4. By Axis

            19.3.2.5. By End Use Industry

    19.4. Brazil Market Analysis

        19.4.1. Value Proportion Analysis by Market Taxonomy

        19.4.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.4.2.1. By Encoder

            19.4.2.2. By Resolution

            19.4.2.3. By Display

            19.4.2.4. By Axis

            19.4.2.5. By End Use Industry

    19.5. Mexico Market Analysis

        19.5.1. Value Proportion Analysis by Market Taxonomy

        19.5.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.5.2.1. By Encoder

            19.5.2.2. By Resolution

            19.5.2.3. By Display

            19.5.2.4. By Axis

            19.5.2.5. By End Use Industry

    19.6. Argentina Market Analysis

        19.6.1. Value Proportion Analysis by Market Taxonomy

        19.6.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.6.2.1. By Encoder

            19.6.2.2. By Resolution

            19.6.2.3. By Display

            19.6.2.4. By Axis

            19.6.2.5. By End Use Industry

    19.7. Germany Market Analysis

        19.7.1. Value Proportion Analysis by Market Taxonomy

        19.7.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.7.2.1. By Encoder

            19.7.2.2. By Resolution

            19.7.2.3. By Display

            19.7.2.4. By Axis

            19.7.2.5. By End Use Industry

    19.8. France Market Analysis

        19.8.1. Value Proportion Analysis by Market Taxonomy

        19.8.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.8.2.1. By Encoder

            19.8.2.2. By Resolution

            19.8.2.3. By Display

            19.8.2.4. By Axis

            19.8.2.5. By End Use Industry

    19.9. Italy Market Analysis

        19.9.1. Value Proportion Analysis by Market Taxonomy

        19.9.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.9.2.1. By Encoder

            19.9.2.2. By Resolution

            19.9.2.3. By Display

            19.9.2.4. By Axis

            19.9.2.5. By End Use Industry

    19.10. Spain Market Analysis

        19.10.1. Value Proportion Analysis by Market Taxonomy

        19.10.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.10.2.1. By Encoder

            19.10.2.2. By Resolution

            19.10.2.3. By Display

            19.10.2.4. By Axis

            19.10.2.5. By End Use Industry

    19.11. U.K. Market Analysis

        19.11.1. Value Proportion Analysis by Market Taxonomy

        19.11.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.11.2.1. By Encoder

            19.11.2.2. By Resolution

            19.11.2.3. By Display

            19.11.2.4. By Axis

            19.11.2.5. By End Use Industry

    19.12. BENELUX Market Analysis

        19.12.1. Value Proportion Analysis by Market Taxonomy

        19.12.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.12.2.1. By Encoder

            19.12.2.2. By Resolution

            19.12.2.3. By Display

            19.12.2.4. By Axis

            19.12.2.5. By End Use Industry

    19.13. Russia Market Analysis

        19.13.1. Value Proportion Analysis by Market Taxonomy

        19.13.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.13.2.1. By Encoder

            19.13.2.2. By Resolution

            19.13.2.3. By Display

            19.13.2.4. By Axis

            19.13.2.5. By End Use Industry

    19.14. Rest of Europe Market Analysis

        19.14.1. Value Proportion Analysis by Market Taxonomy

        19.14.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.14.2.1. By Encoder

            19.14.2.2. By Resolution

            19.14.2.3. By Display

            19.14.2.4. By Axis

            19.14.2.5. By End Use Industry

    19.15. China Market Analysis

        19.15.1. Value Proportion Analysis by Market Taxonomy

        19.15.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.15.2.1. By Encoder

            19.15.2.2. By Resolution

            19.15.2.3. By Display

            19.15.2.4. By Axis

            19.15.2.5. By End Use Industry

    19.16. Japan Market Analysis

        19.16.1. Value Proportion Analysis by Market Taxonomy

        19.16.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.16.2.1. By Encoder

            19.16.2.2. By Resolution

            19.16.2.3. By Display

            19.16.2.4. By Axis

            19.16.2.5. By End Use Industry

    19.17. South Korea Market Analysis

        19.17.1. Value Proportion Analysis by Market Taxonomy

        19.17.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.17.2.1. By Encoder

            19.17.2.2. By Resolution

            19.17.2.3. By Display

            19.17.2.4. By Axis

            19.17.2.5. By End Use Industry

    19.18. India Market Analysis

        19.18.1. Value Proportion Analysis by Market Taxonomy

        19.18.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.18.2.1. By Encoder

            19.18.2.2. By Resolution

            19.18.2.3. By Display

            19.18.2.4. By Axis

            19.18.2.5. By End Use Industry

    19.19. Thailand Countries Market Analysis

        19.19.1. Value Proportion Analysis by Market Taxonomy

        19.19.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.19.2.1. By Encoder

            19.19.2.2. By Resolution

            19.19.2.3. By Display

            19.19.2.4. By Axis

            19.19.2.5. By End Use Industry

    19.20. Indonesia Countries Market Analysis

        19.20.1. Value Proportion Analysis by Market Taxonomy

        19.20.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.20.2.1. By Encoder

            19.20.2.2. By Resolution

            19.20.2.3. By Display

            19.20.2.4. By Axis

            19.20.2.5. By End Use Industry

    19.21. Malaysia Countries Market Analysis

        19.21.1. Value Proportion Analysis by Market Taxonomy

        19.21.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.21.2.1. By Encoder

            19.21.2.2. By Resolution

            19.21.2.3. By Display

            19.21.2.4. By Axis

            19.21.2.5. By End Use Industry

    19.22. Australia Market Analysis

        19.22.1. Value Proportion Analysis by Market Taxonomy

        19.22.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.22.2.1. By Encoder

            19.22.2.2. By Resolution

            19.22.2.3. By Display

            19.22.2.4. By Axis

            19.22.2.5. By End Use Industry

    19.23. New Zealand Countries Market Analysis

        19.23.1. Value Proportion Analysis by Market Taxonomy

        19.23.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.23.2.1. By Encoder

            19.23.2.2. By Resolution

            19.23.2.3. By Display

            19.23.2.4. By Axis

            19.23.2.5. By End Use Industry

    19.24. GCC Countries Market Analysis

        19.24.1. Value Proportion Analysis by Market Taxonomy

        19.24.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.24.2.1. By Encoder

            19.24.2.2. By Resolution

            19.24.2.3. By Display

            19.24.2.4. By Axis

            19.24.2.5. By End Use Industry

    19.25. South Africa Market Analysis

        19.25.1. Value Proportion Analysis by Market Taxonomy

        19.25.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.25.2.1. By Encoder

            19.25.2.2. By Resolution

            19.25.2.3. By Display

            19.25.2.4. By Axis

            19.25.2.5. By End Use Industry

    19.26. Northern Africa Market Analysis

        19.26.1. Value Proportion Analysis by Market Taxonomy

        19.26.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.26.2.1. By Encoder

            19.26.2.2. By Resolution

            19.26.2.3. By Display

            19.26.2.4. By Axis

            19.26.2.5. By End Use Industry

    19.27. Turkey Market Analysis

        19.27.1. Value Proportion Analysis by Market Taxonomy

        19.27.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.27.2.1. By Encoder

            19.27.2.2. By Resolution

            19.27.2.3. By Display

            19.27.2.4. By Axis

            19.27.2.5. By End Use Industry

    19.28. Rest of Middle East and Africa Market Analysis

        19.28.1. Value Proportion Analysis by Market Taxonomy

        19.28.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.28.2.1. By Encoder

            19.28.2.2. By Resolution

            19.28.2.3. By Display

            19.28.2.4. By Axis

            19.28.2.5. By End Use Industry

20. Market Structure Analysis

    20.1. Market Analysis by Tier of Companies

    20.2. Market Concentration of Players

    20.3. Market Share Analysis of Top Players

    20.4. Market Presence Analysis

21. Competition Analysis

    21.1. Competition Dashboard

    21.2. Competition Benchmarking of Products

    21.3. Competition Deep Dive:

        21.3.1. ACU-RITE

            21.3.1.1. Overview

            21.3.1.2. Product Portfolio

            21.3.1.3. Key Financials

            21.3.1.4. Sales Footprint

            21.3.1.5. SWOT Analysis

            21.3.1.6. Key Developments

            21.3.1.7. Strategy Overview

        21.3.2. Easson-Vertex

            21.3.2.1. Overview

            21.3.2.2. Product Portfolio

            21.3.2.3. Key Financials

            21.3.2.4. Sales Footprint

            21.3.2.5. SWOT Analysis

            21.3.2.6. Key Developments

            21.3.2.7. Strategy Overview

        21.3.3. Electronica

            21.3.3.1. Overview

            21.3.3.2. Product Portfolio

            21.3.3.3. Key Financials

            21.3.3.4. Sales Footprint

            21.3.3.5. SWOT Analysis

            21.3.3.6. Key Developments

            21.3.3.7. Strategy Overview

        21.3.4. Fagor Automation

            21.3.4.1. Overview

            21.3.4.2. Product Portfolio

            21.3.4.3. Key Financials

            21.3.4.4. Sales Footprint

            21.3.4.5. SWOT Analysis

            21.3.4.6. Key Developments

            21.3.4.7. Strategy Overview

        21.3.5. Faridabad Control Electricals Private Limited

            21.3.5.1. Overview

            21.3.5.2. Product Portfolio

            21.3.5.3. Key Financials

            21.3.5.4. Sales Footprint

            21.3.5.5. SWOT Analysis

            21.3.5.6. Key Developments

            21.3.5.7. Strategy Overview

        21.3.6. HEIDENHAIN

            21.3.6.1. Overview

            21.3.6.2. Product Portfolio

            21.3.6.3. Key Financials

            21.3.6.4. Sales Footprint

            21.3.6.5. SWOT Analysis

            21.3.6.6. Key Developments

            21.3.6.7. Strategy Overview

        21.3.7. JIRKA a spol., Ltd.

            21.3.7.1. Overview

            21.3.7.2. Product Portfolio

            21.3.7.3. Key Financials

            21.3.7.4. Sales Footprint

            21.3.7.5. SWOT Analysis

            21.3.7.6. Key Developments

            21.3.7.7. Strategy Overview

        21.3.8. Newall

            21.3.8.1. Overview

            21.3.8.2. Product Portfolio

            21.3.8.3. Key Financials

            21.3.8.4. Sales Footprint

            21.3.8.5. SWOT Analysis

            21.3.8.6. Key Developments

            21.3.8.7. Strategy Overview

        21.3.9. Sichuan Aikron Precision Tool Co.,Ltd

            21.3.9.1. Overview

            21.3.9.2. Product Portfolio

            21.3.9.3. Key Financials

            21.3.9.4. Sales Footprint

            21.3.9.5. SWOT Analysis

            21.3.9.6. Key Developments

            21.3.9.7. Strategy Overview

        21.3.10. Sterling TSI Co. Ltd.

            21.3.10.1. Overview

            21.3.10.2. Product Portfolio

            21.3.10.3. Key Financials

            21.3.10.4. Sales Footprint

            21.3.10.5. SWOT Analysis

            21.3.10.6. Key Developments

            21.3.10.7. Strategy Overview

        21.3.11. Warren Machine Tools Ltd

            21.3.11.1. Overview

            21.3.11.2. Product Portfolio

            21.3.11.3. Key Financials

            21.3.11.4. Sales Footprint

            21.3.11.5. SWOT Analysis

            21.3.11.6. Key Developments

            21.3.11.7. Strategy Overview

        21.3.12. Zhejiang Pinrui precision instrument co., ltd

            21.3.12.1. Overview

            21.3.12.2. Product Portfolio

            21.3.12.3. Key Financials

            21.3.12.4. Sales Footprint

            21.3.12.5. SWOT Analysis

            21.3.12.6. Key Developments

            21.3.12.7. Strategy Overview

22. Assumptions & Acronyms Used

23. Research Methodology

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List Of Table

Table 01. Global Market Value (US$ million) and Forecast by Region, 2018-2022

Table 02. Global Market Value (US$ million) and Forecast by Region, 2023-2033

Table 03. Global Market Volume (Units) and Forecast by Region, 2018-2022

Table 04. Global Market Volume (Units) and Forecast by Region, 2023-2033

Table 05. Global Market Value (US$ million) and Forecast By Encoder, 2018-2022

Table 06. Global Market Value (US$ million) and Forecast By Encoder, 2023-2033

Table 07. Global Market Volume (Units) and Forecast By Encoder, 2018-2022

Table 08. Global Market Volume (Units) and Forecast By Encoder, 2023-2033

Table 09. Global Market Value (US$ million) and Forecast By Resolution, 2018-2022

Table 10. Global Market Value (US$ million) and Forecast By Resolution, 2023-2033

Table 11. Global Market Volume (Units) and Forecast By Resolution, 2018-2022

Table 12. Global Market Volume (Units) and Forecast By Resolution, 2023-2033

Table 13. Global Market Value (US$ million) and Forecast By Display, 2018-2022

Table 14. Global Market Value (US$ million) and Forecast By Display, 2023-2033

Table 15. Global Market Volume (Units) and Forecast By Display, 2018-2022

Table 16. Global Market Volume (Units) and Forecast By Display, 2023-2033

Table 17. Global Market Value (US$ million) and Forecast By Axis, 2018-2022

Table 18. Global Market Value (US$ million) and Forecast By Axis, 2023-2033

Table 19. Global Market Volume (Units) and Forecast By Axis, 2018-2022

Table 20. Global Market Volume (Units) and Forecast By Axis, 2023-2033

Table 21. Global Market Value (US$ million) and Forecast By End Use Industry, 2018-2022

Table 22. Global Market Value (US$ million) and Forecast By End Use Industry, 2023-2033

Table 23. Global Market Volume (Units) and Forecast By End Use Industry, 2018-2022

Table 24. Global Market Volume (Units) and Forecast By End Use Industry, 2023-2033

Table 25. North America Market Value (US$ million) and Forecast by Country, 2018-2022

Table 26. North America Market Value (US$ million) and Forecast by Country, 2023-2033

Table 27. North America Market Volume (Units) and Forecast by Country, 2018-2022

Table 28. North America Market Volume (Units) and Forecast by Country, 2023-2033

Table 29. North America Market Value (US$ million) and Forecast By Encoder, 2018-2022

Table 30. North America Market Value (US$ million) and Forecast By Encoder, 2023-2033

Table 31. North America Market Volume (Units) and Forecast By Encoder, 2018-2022

Table 32. North America Market Volume (Units) and Forecast By Encoder, 2023-2033

Table 33. North America Market Value (US$ million) and Forecast By Resolution, 2018-2022

Table 34. North America Market Value (US$ million) and Forecast By Resolution, 2023-2033

Table 35. North America Market Volume (Units) and Forecast By Resolution, 2018-2022

Table 36. North America Market Volume (Units) and Forecast By Resolution, 2023-2033

Table 37. North America Market Value (US$ million) and Forecast By Display, 2018-2022

Table 38. North America Market Value (US$ million) and Forecast By Display, 2023-2033

Table 39. North America Market Volume (Units) and Forecast By Display, 2018-2022

Table 40. North America Market Volume (Units) and Forecast By Display, 2023-2033

Table 41. North America Market Value (US$ million) and Forecast By Axis, 2018-2022

Table 42. North America Market Value (US$ million) and Forecast By Axis, 2023-2033

Table 43. North America Market Volume (Units) and Forecast By Axis, 2018-2022

Table 44. North America Market Volume (Units) and Forecast By Axis, 2023-2033

Table 45. North America Market Value (US$ million) and Forecast By End Use Industry, 2018-2022

Table 46. North America Market Value (US$ million) and Forecast By End Use Industry, 2023-2033

Table 47. North America Market Volume (Units) and Forecast By End Use Industry, 2018-2022

Table 48. North America Market Volume (Units) and Forecast By End Use Industry, 2023-2033

Table 49. Latin America Market Value (US$ million) and Forecast by Country, 2018-2022

Table 50. Latin America Market Value (US$ million) and Forecast by Country, 2023-2033

Table 51. Latin America Market Volume (Units) and Forecast by Country, 2018-2022

Table 52. Latin America Market Volume (Units) and Forecast by Country, 2023-2033

Table 53. Latin America Market Value (US$ million) and Forecast By Encoder, 2018-2022

Table 54. Latin America Market Value (US$ million) and Forecast By Encoder, 2023-2033

Table 55. Latin America Market Volume (Units) and Forecast By Encoder, 2018-2022

Table 56. Latin America Market Volume (Units) and Forecast By Encoder, 2023-2033

Table 57. Latin America Market Value (US$ million) and Forecast By Resolution, 2018-2022

Table 58. Latin America Market Value (US$ million) and Forecast By Resolution, 2023-2033

Table 59. Latin America Market Volume (Units) and Forecast By Resolution, 2018-2022

Table 60. Latin America Market Volume (Units) and Forecast By Resolution, 2023-2033

Table 61. Latin America Market Value (US$ million) and Forecast By Display, 2018-2022

Table 62. Latin America Market Value (US$ million) and Forecast By Display, 2023-2033

Table 63. Latin America Market Volume (Units) and Forecast By Display, 2018-2022

Table 64. Latin America Market Volume (Units) and Forecast By Display, 2023-2033

Table 65. Latin America Market Value (US$ million) and Forecast By Axis, 2018-2022

Table 66. Latin America Market Value (US$ million) and Forecast By Axis, 2023-2033

Table 67. Latin America Market Volume (Units) and Forecast By Axis, 2018-2022

Table 68. Latin America Market Volume (Units) and Forecast By Axis, 2023-2033

Table 69. Latin America Market Value (US$ million) and Forecast By End Use Industry, 2018-2022

Table 70. Latin America Market Value (US$ million) and Forecast By End Use Industry, 2023-2033

Table 71. Latin America Market Volume (Units) and Forecast By End Use Industry, 2018-2022

Table 72. Latin America Market Volume (Units) and Forecast By End Use Industry, 2023-2033

Table 73. Europe Market Value (US$ million) and Forecast by Country, 2018-2022

Table 74. Europe Market Value (US$ million) and Forecast by Country, 2023-2033

Table 75. Europe Market Volume (Units) and Forecast by Country, 2018-2022

Table 76. Europe Market Volume (Units) and Forecast by Country, 2023-2033

Table 77. Europe Market Value (US$ million) and Forecast By Encoder, 2018-2022

Table 78. Europe Market Value (US$ million) and Forecast By Encoder, 2023-2033

Table 79. Europe Market Volume (Units) and Forecast By Encoder, 2018-2022

Table 80. Europe Market Volume (Units) and Forecast By Encoder, 2023-2033

Table 81. Europe Market Value (US$ million) and Forecast By Resolution, 2018-2022

Table 82. Europe Market Value (US$ million) and Forecast By Resolution, 2023-2033

Table 83. Europe Market Volume (Units) and Forecast By Resolution, 2018-2022

Table 84. Europe Market Volume (Units) and Forecast By Resolution, 2023-2033

Table 85. Europe Market Value (US$ million) and Forecast By Display, 2018-2022

Table 86. Europe Market Value (US$ million) and Forecast By Display, 2023-2033

Table 87. Europe Market Volume (Units) and Forecast By Display, 2018-2022

Table 88. Europe Market Volume (Units) and Forecast By Display, 2023-2033

Table 89. Europe Market Value (US$ million) and Forecast By Axis, 2018-2022

Table 90. Europe Market Value (US$ million) and Forecast By Axis, 2023-2033

Table 91. Europe Market Volume (Units) and Forecast By Axis, 2018-2022

Table 92. Europe Market Volume (Units) and Forecast By Axis, 2023-2033

Table 93. Europe Market Value (US$ million) and Forecast By End Use Industry, 2018-2022

Table 94. Europe Market Value (US$ million) and Forecast By End Use Industry, 2023-2033

Table 95. Europe Market Volume (Units) and Forecast By End Use Industry, 2018-2022

Table 96. Europe Market Volume (Units) and Forecast By End Use Industry, 2023-2033

Table 97. East Asia Market Value (US$ million) and Forecast by Country, 2018-2022

Table 98. East Asia Market Value (US$ million) and Forecast by Country, 2023-2033

Table 99. East Asia Market Volume (Units) and Forecast by Country, 2018-2022

Table 100. East Asia Market Volume (Units) and Forecast by Country, 2023-2033

Table 101. East Asia Market Value (US$ million) and Forecast By Encoder, 2018-2022

Table 102. East Asia Market Value (US$ million) and Forecast By Encoder, 2023-2033

Table 103. East Asia Market Volume (Units) and Forecast By Encoder, 2018-2022

Table 104. East Asia Market Volume (Units) and Forecast By Encoder, 2023-2033

Table 105. East Asia Market Value (US$ million) and Forecast By Resolution, 2018-2022

Table 106. East Asia Market Value (US$ million) and Forecast By Resolution, 2023-2033

Table 107. East Asia Market Volume (Units) and Forecast By Resolution, 2018-2022

Table 108. East Asia Market Volume (Units) and Forecast By Resolution, 2023-2033

Table 109. East Asia Market Value (US$ million) and Forecast By Display, 2018-2022

Table 110. East Asia Market Value (US$ million) and Forecast By Display, 2023-2033

Table 111. East Asia Market Volume (Units) and Forecast By Display, 2018-2022

Table 112. East Asia Market Volume (Units) and Forecast By Display, 2023-2033

Table 113. East Asia Market Value (US$ million) and Forecast By Axis, 2018-2022

Table 114. East Asia Market Value (US$ million) and Forecast By Axis, 2023-2033

Table 115. East Asia Market Volume (Units) and Forecast By Axis, 2018-2022

Table 116. East Asia Market Volume (Units) and Forecast By Axis, 2023-2033

Table 117. East Asia Market Value (US$ million) and Forecast By End Use Industry, 2018-2022

Table 118. East Asia Market Value (US$ million) and Forecast By End Use Industry, 2023-2033

Table 119. East Asia Market Volume (Units) and Forecast By End Use Industry, 2018-2022

Table 120. East Asia Market Volume (Units) and Forecast By End Use Industry, 2023-2033

Table 121. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2018-2022

Table 122. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023-2033

Table 123. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2018-2022

Table 124. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2023-2033

Table 125. South Asia & Oceania Market Value (US$ million) and Forecast By Encoder, 2018-2022

Table 126. South Asia & Oceania Market Value (US$ million) and Forecast By Encoder, 2023-2033

Table 127. South Asia & Oceania Market Volume (Units) and Forecast By Encoder, 2018-2022

Table 128. South Asia & Oceania Market Volume (Units) and Forecast By Encoder, 2023-2033

Table 129. South Asia & Oceania Market Value (US$ million) and Forecast By Resolution, 2018-2022

Table 130. South Asia & Oceania Market Value (US$ million) and Forecast By Resolution, 2023-2033

Table 131. South Asia & Oceania Market Volume (Units) and Forecast By Resolution, 2018-2022

Table 132. South Asia & Oceania Market Volume (Units) and Forecast By Resolution, 2023-2033

Table 133. South Asia & Oceania Market Value (US$ million) and Forecast By Display, 2018-2022

Table 134. South Asia & Oceania Market Value (US$ million) and Forecast By Display, 2023-2033

Table 135. South Asia & Oceania Market Volume (Units) and Forecast By Display, 2018-2022

Table 136. South Asia & Oceania Market Volume (Units) and Forecast By Display, 2023-2033

Table 137. South Asia & Oceania Market Value (US$ million) and Forecast By Axis, 2018-2022

Table 138. South Asia & Oceania Market Value (US$ million) and Forecast By Axis, 2023-2033

Table 139. South Asia & Oceania Market Volume (Units) and Forecast By Axis, 2018-2022

Table 140. South Asia & Oceania Market Volume (Units) and Forecast By Axis, 2023-2033

Table 141. South Asia & Oceania Market Value (US$ million) and Forecast By End Use Industry, 2018-2022

Table 142. South Asia & Oceania Market Value (US$ million) and Forecast By End Use Industry, 2023-2033

Table 143. South Asia & Oceania Market Volume (Units) and Forecast By End Use Industry, 2018-2022

Table 144. South Asia & Oceania Market Volume (Units) and Forecast By End Use Industry, 2023-2033

Table 145. MEA Market Value (US$ million) and Forecast by Country, 2018-2022

Table 146. MEA Market Value (US$ million) and Forecast by Country, 2023-2033

Table 147. MEA Market Volume (Units) and Forecast by Country, 2018-2022

Table 148. MEA Market Volume (Units) and Forecast by Country, 2023-2033

Table 149. MEA Market Value (US$ million) and Forecast By Encoder, 2018-2022

Table 150. MEA Market Value (US$ million) and Forecast By Encoder, 2023-2033

Table 151. MEA Market Volume (Units) and Forecast By Encoder, 2018-2022

Table 152. MEA Market Volume (Units) and Forecast By Encoder, 2023-2033

Table 153. MEA Market Value (US$ million) and Forecast By Resolution, 2018-2022

Table 154. MEA Market Value (US$ million) and Forecast By Resolution, 2023-2033

Table 155. MEA Market Volume (Units) and Forecast By Resolution, 2018-2022

Table 156. MEA Market Volume (Units) and Forecast By Resolution, 2023-2033

Table 157. MEA Market Value (US$ million) and Forecast By Display, 2018-2022

Table 158. MEA Market Value (US$ million) and Forecast By Display, 2023-2033

Table 159. MEA Market Volume (Units) and Forecast By Display, 2018-2022

Table 160. MEA Market Volume (Units) and Forecast By Display, 2023-2033

Table 161. MEA Market Value (US$ million) and Forecast By Axis, 2018-2022

Table 162. MEA Market Value (US$ million) and Forecast By Axis, 2023-2033

Table 163. MEA Market Volume (Units) and Forecast By Axis, 2018-2022

Table 164. MEA Market Volume (Units) and Forecast By Axis, 2023-2033

Table 165. MEA Market Value (US$ million) and Forecast By End Use Industry, 2018-2022

Table 166. MEA Market Value (US$ million) and Forecast By End Use Industry, 2023-2033

Table 167. MEA Market Volume (Units) and Forecast By End Use Industry, 2018-2022

Table 168. MEA Market Volume (Units) and Forecast By End Use Industry, 2023-2033

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List Of Figures

Figure 01. Global Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 02. Global Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 03. Global Market Value (US$ million) and Volume (Units) by Region, 2022 & 2032

Figure 04. Global Market Y-o-Y Growth Rate by Region, 2023-2033

Figure 05. Global Market Value (US$ million) and Volume (Units) By Encoder, 2022 & 2032

Figure 06. Global Market Y-o-Y Growth Rate By Encoder, 2023-2033

Figure 07. Global Market Value (US$ million) and Volume (Units) By Resolution, 2022 & 2032

Figure 08. Global Market Y-o-Y Growth Rate By Resolution, 2023-2033

Figure 09. Global Market Value (US$ million) and Volume (Units) By Display, 2022 & 2032

Figure 10. Global Market Y-o-Y Growth Rate By Display, 2023-2033

Figure 11. Global Market Value (US$ million) and Volume (Units) By Axis, 2022 & 2032

Figure 12. Global Market Y-o-Y Growth Rate By Axis, 2023-2033

Figure 13. Global Market Value (US$ million) and Volume (Units) By End Use Industry, 2022 & 2032

Figure 14. Global Market Y-o-Y Growth Rate By End Use Industry, 2023-2033

Figure 15. North America Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 16. North America Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 17. North America Market Value (US$ million) and Volume (Units) by Country, 2022 & 2032

Figure 18. North America Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 19. North America Market Value (US$ million) and Volume (Units) By Encoder, 2022 & 2032

Figure 20. North America Market Y-o-Y Growth Rate By Encoder, 2023-2033

Figure 21. North America Market Value (US$ million) and Volume (Units) By Resolution, 2022 & 2032

Figure 22. North America Market Y-o-Y Growth Rate By Resolution, 2023-2033

Figure 23. North America Market Value (US$ million) and Volume (Units) By Display, 2022 & 2032

Figure 24. North America Market Y-o-Y Growth Rate By Display, 2023-2033

Figure 25. North America Market Value (US$ million) and Volume (Units) By Axis, 2022 & 2032

Figure 26. North America Market Y-o-Y Growth Rate By Axis, 2023-2033

Figure 27. North America Market Value (US$ million) and Volume (Units) By End Use Industry, 2022 & 2032

Figure 28. North America Market Y-o-Y Growth Rate By End Use Industry, 2023-2033

Figure 29. North America Market Attractiveness Analysis by Country, 2023-2033

Figure 30. North America Market Attractiveness Analysis By Encoder, 2023-2033

Figure 31. North America Market Attractiveness Analysis By Resolution, 2023-2033

Figure 32. North America Market Attractiveness Analysis By Display, 2023-2033

Figure 33. North America Market Attractiveness Analysis By Axis, 2023-2033

Figure 34. North America Market Attractiveness Analysis By End Use Industry, 2023-2033

Figure 35. Latin America Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 36. Latin America Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 37. Latin America Market Value (US$ million) and Volume (Units) by Country, 2022 & 2032

Figure 38. Latin America Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 39. Latin America Market Value (US$ million) and Volume (Units) By Encoder, 2022 & 2032

Figure 40. Latin America Market Y-o-Y Growth Rate By Encoder, 2023-2033

Figure 41. Latin America Market Value (US$ million) and Volume (Units) By Resolution, 2022 & 2032

Figure 42. Latin America Market Y-o-Y Growth Rate By Resolution, 2023-2033

Figure 43. Latin America Market Value (US$ million) and Volume (Units) By Display, 2022 & 2032

Figure 44. Latin America Market Y-o-Y Growth Rate By Display, 2023-2033

Figure 45. Latin America Market Value (US$ million) and Volume (Units) By Axis, 2022 & 2032

Figure 46. Latin America Market Y-o-Y Growth Rate By Axis, 2023-2033

Figure 47. Latin America Market Value (US$ million) and Volume (Units) By End Use Industry, 2022 & 2032

Figure 48. Latin America Market Y-o-Y Growth Rate By End Use Industry, 2023-2033

Figure 49. Latin America Market Attractiveness Analysis by Country, 2023-2033

Figure 50. Latin America Market Attractiveness Analysis By Encoder, 2023-2033

Figure 51. Latin America Market Attractiveness Analysis By Resolution, 2023-2033

Figure 52. Latin America Market Attractiveness Analysis By Display, 2023-2033

Figure 53. Latin America Market Attractiveness Analysis By Axis, 2023-2033

Figure 54. Latin America Market Attractiveness Analysis By End Use Industry, 2023-2033

Figure 55. Europe Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 56. Europe Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 57. Europe Market Value (US$ million) and Volume (Units) by Country, 2022 & 2032

Figure 58. Europe Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 59. Europe Market Value (US$ million) and Volume (Units) By Encoder, 2022 & 2032

Figure 60. Europe Market Y-o-Y Growth Rate By Encoder, 2023-2033

Figure 61. Europe Market Value (US$ million) and Volume (Units) By Resolution, 2022 & 2032

Figure 62. Europe Market Y-o-Y Growth Rate By Resolution, 2023-2033

Figure 63. Europe Market Value (US$ million) and Volume (Units) By Display, 2022 & 2032

Figure 64. Europe Market Y-o-Y Growth Rate By Display, 2023-2033

Figure 65. Europe Market Value (US$ million) and Volume (Units) By Axis, 2022 & 2032

Figure 66. Europe Market Y-o-Y Growth Rate By Axis, 2023-2033

Figure 67. Europe Market Value (US$ million) and Volume (Units) By End Use Industry, 2022 & 2032

Figure 68. Europe Market Y-o-Y Growth Rate By End Use Industry, 2023-2033

Figure 69. Europe Market Attractiveness Analysis by Country, 2023-2033

Figure 70. Europe Market Attractiveness Analysis By Encoder, 2023-2033

Figure 71. Europe Market Attractiveness Analysis By Resolution, 2023-2033

Figure 72. Europe Market Attractiveness Analysis By Display, 2023-2033

Figure 73. Europe Market Attractiveness Analysis By Axis, 2023-2033

Figure 74. Europe Market Attractiveness Analysis By End Use Industry, 2023-2033

Figure 75. East Asia Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 76. East Asia Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 77. East Asia Market Value (US$ million) and Volume (Units) by Country, 2022 & 2032

Figure 78. East Asia Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 79. East Asia Market Value (US$ million) and Volume (Units) By Encoder, 2022 & 2032

Figure 80. East Asia Market Y-o-Y Growth Rate By Encoder, 2023-2033

Figure 81. East Asia Market Value (US$ million) and Volume (Units) By Resolution, 2022 & 2032

Figure 82. East Asia Market Y-o-Y Growth Rate By Resolution, 2023-2033

Figure 83. East Asia Market Value (US$ million) and Volume (Units) By Display, 2022 & 2032

Figure 84. East Asia Market Y-o-Y Growth Rate By Display, 2023-2033

Figure 85. East Asia Market Value (US$ million) and Volume (Units) By Axis, 2022 & 2032

Figure 86. East Asia Market Y-o-Y Growth Rate By Axis, 2023-2033

Figure 87. East Asia Market Value (US$ million) and Volume (Units) By End Use Industry, 2022 & 2032

Figure 88. East Asia Market Y-o-Y Growth Rate By End Use Industry, 2023-2033

Figure 89. East Asia Market Attractiveness Analysis by Country, 2023-2033

Figure 90. East Asia Market Attractiveness Analysis By Encoder, 2023-2033

Figure 91. East Asia Market Attractiveness Analysis By Resolution, 2023-2033

Figure 92. East Asia Market Attractiveness Analysis By Display, 2023-2033

Figure 93. East Asia Market Attractiveness Analysis By Axis, 2023-2033

Figure 94. East Asia Market Attractiveness Analysis By End Use Industry, 2023-2033

Figure 95. South Asia & Oceania Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 96. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 97. South Asia & Oceania Market Value (US$ million) and Volume (Units) by Country, 2022 & 2032

Figure 98. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 99. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Encoder, 2022 & 2032

Figure 100. South Asia & Oceania Market Y-o-Y Growth Rate By Encoder, 2023-2033

Figure 101. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Resolution, 2022 & 2032

Figure 102. South Asia & Oceania Market Y-o-Y Growth Rate By Resolution, 2023-2033

Figure 103. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Display, 2022 & 2032

Figure 104. South Asia & Oceania Market Y-o-Y Growth Rate By Display, 2023-2033

Figure 105. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Axis, 2022 & 2032

Figure 106. South Asia & Oceania Market Y-o-Y Growth Rate By Axis, 2023-2033

Figure 107. South Asia & Oceania Market Value (US$ million) and Volume (Units) By End Use Industry, 2022 & 2032

Figure 108. South Asia & Oceania Market Y-o-Y Growth Rate By End Use Industry, 2023-2033

Figure 109. South Asia & Oceania Market Attractiveness Analysis by Country, 2023-2033

Figure 110. South Asia & Oceania Market Attractiveness Analysis By Encoder, 2023-2033

Figure 111. South Asia & Oceania Market Attractiveness Analysis By Resolution, 2023-2033

Figure 112. South Asia & Oceania Market Attractiveness Analysis By Display, 2023-2033

Figure 113. South Asia & Oceania Market Attractiveness Analysis By Axis, 2023-2033

Figure 114. South Asia & Oceania Market Attractiveness Analysis By End Use Industry, 2023-2033

Figure 115. MEA Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 116. MEA Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 117. MEA Market Value (US$ million) and Volume (Units) by Country, 2022 & 2032

Figure 118. MEA Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 119. MEA Market Value (US$ million) and Volume (Units) By Encoder, 2022 & 2032

Figure 120. MEA Market Y-o-Y Growth Rate By Encoder, 2023-2033

Figure 121. MEA Market Value (US$ million) and Volume (Units) By Resolution, 2022 & 2032

Figure 122. MEA Market Y-o-Y Growth Rate By Resolution, 2023-2033

Figure 123. MEA Market Value (US$ million) and Volume (Units) By Display, 2022 & 2032

Figure 124. MEA Market Y-o-Y Growth Rate By Display, 2023-2033

Figure 125. MEA Market Value (US$ million) and Volume (Units) By Axis, 2022 & 2032

Figure 126. MEA Market Y-o-Y Growth Rate By Axis, 2023-2033

Figure 127. MEA Market Value (US$ million) and Volume (Units) By End Use Industry, 2022 & 2032

Figure 128. MEA Market Y-o-Y Growth Rate By End Use Industry, 2023-2033

Figure 129. MEA Market Attractiveness Analysis by Country, 2023-2033

Figure 130. MEA Market Attractiveness Analysis By Encoder, 2023-2033

Figure 131. MEA Market Attractiveness Analysis By Resolution, 2023-2033

Figure 132. MEA Market Attractiveness Analysis By Display, 2023-2033

Figure 133. MEA Market Attractiveness Analysis By Axis, 2023-2033

Figure 134. MEA Market Attractiveness Analysis By End Use Industry, 2023-2033

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What is the size of the global digital readout equipment market?

The global market for digital readout equipment is valued at US$ 809.6 million in 2022.

Which encoder type equipment holds the highest market share?

Linear encoder digital readout equipment accounted for 62.7% share of global sales in 2022.

Which is the predicted share for China in 2023 in the global market?

China is expected to hold 11.4% share of the global market in 2023.

How far is global demand expected to reach by 2033?

Worldwide demand for digital readout equipment is anticipated to reach US$ 1.5 billion by 2033-end.

Which region accounts for a leading market share?

North America leads the global digital readout equipment market accounting for 27.6% market share.

How did the market fare from 2018 to 2022?

From 2018 to 2022, sales of digital readout equipment increased at 4.1% CAGR.

Digital Readout Equipment Market

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