The Encoder Market is expected to grow at a CAGR 7.39% rate during the forecast period.
Need for high-end automation and industry 4.0 are the factor driving the growth of the market.Rotary encoders to drive encoders market during forecast period. Rotary encoders track motor shaft rotation to generate a digital position and motion information. These encoders are widely used in industrial and commercial designs due to their durability and excellent performance. Typically, rotary encoders are electromechanical devices that are used to measure the number of rotations, the rotational angle, and the rotational position of equipment.

Optical technology to boost encoders market during forecast period. Optical encoders do not require any separate electronics to provide position or exact location. Their output is easier to specify and deploy and is immediately usable by a host control system. Due to the accuracy provided by optical encoders, they are widely used in automation in the textile, paper, wood, metal, rubber, plastics, and consumer electronics industries.
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4. Executive Summary
5. Encoders Market, By Type
5.1. Linear encoders
5.1.1. Incremental
5.1.2. Absolute
5.2. Rotary encoders
5.2.1. Incremental
5.2.2. absolute

6. Encoders Market, By Technology Type
6.1. Optical
6.2. Magnetic
6.3. Others

7. Encoders Market, By Service
7.1. Installation and calibration
7.2. Optimization and post-sales support

8. Encoders Market, By End Use
8.1. Automotive
8.2. Consumer electronics
8.3. Industrial
8.4. Food and beverages
8.5. Medical
8.6. Printing
8.7. Textile
8.8. Others

9. Encoders Market, By Region
9.1. North America
9.1.1. US
9.1.2. Canada
9.1.3. Mexico
9.2. Europe
9.2.1. UK
9.2.2. Germany
9.2.3. France
9.2.4. Rest of Europe
9.3. Asia Pacific
9.3.1. Japan
9.3.2. China
9.3.3. India
9.3.4. Rest of APAC
9.3.5. Rest of the World
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