Encoder Market 2030: Linear Encoders Power Semiconductor Surge

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2025-09-26 09:23:23 -

Global Encoder Market Overview The global encoder market was valued at USD 3.01 billion in 2023 and is expected to reach USD 6.50 billion by 2030, growing at a CAGR of 11.6% from 2024 to 2030. Market growth is being driven by the rising adoption of industrial automation, continuous advancements in encoder technologies, and increased demand across the consumer electronics sector. In...

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