Rotary angle sensors change physical phenomenon into a quantity measurable by data acquisition system, hence it is an key part of any measurement and automation application. The rotation that is to be measured is connected to the motion of a slider that causes changes in the resistance that the sensor circuit converts in output voltage.  Moreover, the rotary angle sensors are much more durable since they have high rotational life characteristics. The market for rotary angle sensors is expected to contribute the highest growth rate during the period of forecast. These sensors measure the rotational or angular movement of an object. Rotary angle sensors measure the rotational or angular movement of an object. Rotary angle sensors is expected to lead the global position sensors market with the fuelling factors such as expanded use of position sensors in a vehicle, increasing trend of industrial automation and many more.

The rotary angle sensors are primarily driven by the increasing industrial automation. The industrial automation is implemented in different industries like automotive, aerospace, electronics, healthcare and packaging which are fuelling the demand of rotary angle sensors market. Increasing use of rotary angle sensors in automobiles sectors is also fuelling the demand of rotary angle sensors market globally. The sensor is used in providing electrical outputs relative to shaft rotation so as to measure the angles precisely. In automotive industries these sensor are used in gear position, steering wheel position, throttle position and pedal position. Another major driver of this market is the adoption of rotary angle sensor in aerospace industries. In aerospace industries these sensors are used for automation in the aerospace industries.

One of the restraining factors in the rotary angle sensors market is the lack of product differentiation. As a number of key players offer similar technological products, there are numerous options for the buyers to buy from. Thus creating pricing pressure that helps to compete with large manufacturers for high volume of these products.

Industrial robotic applications are expected to be one of the major opportunities in the rotary angle sensors market. Automations in different sector will create demand for robotics which in terms will create demand for rotary angle sensors. Moreover, electronics sector is also one of the important sectors where opportunities are expected during the forecast period.

On the basis of type the rotary angle sensors is bifurcated into rotary encoder, rotary potentiometer, rotary variable differential transformer, and resolver. Further the rotary encoder is bifurcated into optical rotary encoder, magnetic rotary encoder, mechanical rotary encoder and capacitive rotary encoder. Moreover, the market is bifurcated on the basis of application into test equipment, motion systems, material handling, machine tools and robotics among others. The development in these applications is attributing to the high growth rate of the rotary angle sensor market. Based on geography, the market is bifurcated into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Europe accounted for the largest size of the European rotary angle sensor market, in terms of revenue, comparing to other regions. This is due to the fast adoption of rotary in different applications like material handling, robotics, machine tools, and others in major countries of this Europe. Another important factor driving the European market is due to the presence of numerous automotive companies like BMW Group (Germany), Volkswagen AG (Germany) and Daimler AG (Germany).

Some of the important players in the Rotary angle sensors market includes Honeywell International Inc. (U.S.), AMS AG (Germany), Renishaw Plc. (U.K.), MTS System Corporation (U.S.), Balluff GmbH (Germany), Keyence Corporation (Japan), Dr. Johannes Heidenhain GmbH (Germany), TE Connectivity Ltd. (Switzerland), Novotechnik U.S. Inc. (Germany), Allegro MicroSystems, LLC (U.S.), Hans Turck GmbH CO and. KG (Germany),  among others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
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  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Rotary Angle Sensors Market

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