- In June 2020, Celera Motion (a Novanta Inc. subsidiary) has introduced new inductive-based small ultra-range encoders. Even in hostile conditions, it is employed for precise angle or angular speed measurements. New ultra-compact, ultra-light, and highly stable encoders aided the company in increasing income.
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Rotary, Linear), Product Type (Non-Contacting, Contacting), Output (Digital, Analog), Size (31 mm-70 mm, Less than 30 mm, 71 mm-100 mm, More than 100 mm), Design (Hollow Shaft Encoders, Solid Shaft Encoders), End User (Industrial, Automotive, Aerospace, Medical, Printing, Food and Beverage, Oil and Gas, Consumer Electronics, Textile, Others) - Industry Trends and Forecast to 2031
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The Global Encoder Market size was valued at USD 2.81 USD Billion in 2023.
The Global Encoder Market is projected to grow at a CAGR of 10.5% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
