New ARC Advisory Group research on Absolute Linear and Rotary Position Encoders reveals that machine builders expanding services with IIoT offers the potential for higher productivity and utilization of production equipment, while providing new sources of revenue to improve profitability. Continuing innovations in sensor instrumentation, embedded advanced control algorithms, and predictive condition monitoring are all critical to the future of the connected machinery that will become integrated within the emerging IIoT or Industrie 4.0 infrastructure. Absolute position encoders used in these applications will be able to deliver information for IIoT or Industrie 4.0 environments to fully capture the benefits of these advanced technological innovations.
“With IIoT/I4.0, there is an increasing demand to optimize machine performance by data analytics of data gathered from the machines. As more digitally controlled machines become connected, real-time process parameters can be extracted from machines located in many locations. Production machinery process models can be developed and continuously improved upon to offer manufacturers mathematical models that predict the finish quality of a production workpiece,” according to Stefan Miksch, Analyst at ARC Advisory Group and key author of ARC’s Absolute Linear and Rotary Position Encoders Global Market Research 2017-2022 report.
About the Absolute Position Encoders Research
This ARC research on explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the absolute position encoders market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, machinery segmentations, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.