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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1861141
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1861141
Global Encoder Market Size study & Forecast, by Type (Rotary Encoder, Linear Encoder) by Signal Type (Incremental, Absolute) by Technology and Application and Regional Forecasts 2022-2032
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The Global Encoder Market is valued approximately at USD 3.36 billion in 2024 and is anticipated to expand at a CAGR of 11.60% over the forecast period 2025-2035. Encoders are precision devices that convert mechanical motion into electrical signals, enabling accurate position, speed, and motion feedback for a wide array of industrial and automation applications. These devices are crucial in enhancing operational efficiency, reducing downtime, and ensuring precision control in sectors ranging from robotics and manufacturing machinery to automotive systems and aerospace. The global encoder market is primarily driven by the surge in industrial automation, the adoption of smart factories, and increasing demand for precision motion control across multiple industries. Furthermore, the rising deployment of IoT-enabled equipment and the need for seamless integration in automation ecosystems are further catalyzing market expansion.
The adoption of encoders has accelerated significantly in recent years due to technological advancements such as high-resolution rotary encoders, absolute position encoders, and multi-axis linear encoders, which offer enhanced accuracy, reliability, and operational flexibility. According to industry insights, global industrial automation investments surpassed USD 250 billion in 2023, highlighting a substantial opportunity for encoder manufacturers. Innovations in sensor technology, coupled with increasing reliance on data-driven control systems, are also propelling the utilization of encoders in robotics, CNC machines, conveyor systems, and motor control applications. Nevertheless, factors such as high initial costs for precision encoders and challenges in integrating advanced encoder technologies with legacy systems may restrain adoption in certain developing regions throughout the forecast period.
The detailed segments and sub-segments included in the report are:
By Type:
- Rotary Encoder
- Linear Encoder
By Signal Type:
- Incremental
- Absolute
By Technology:
- Optical
- Magnetic
- Capacitive
By Application:
- Industrial Automation
- Robotics
- Automotive
- Aerospace & Defense
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Rotary Encoders Expected to Dominate the Market
- Among the types, rotary encoders are expected to dominate the market, capturing the largest share over the forecast period. Their widespread adoption is attributed to their versatile functionality in measuring rotational motion, facilitating precise motor control, and supporting automation in manufacturing and robotics applications. The growing requirement for enhanced accuracy in feedback systems across CNC machines, servo motors, and industrial robots reinforces their market dominance. While linear encoders are witnessing rising demand in specialized applications, rotary encoders continue to serve as the backbone of position and motion sensing in the majority of industrial scenarios.
- Absolute Signal Type Leads in Revenue Contribution
- When segmenting the market by signal type, absolute encoders currently account for the largest revenue share. Absolute encoders provide precise positional information and maintain position data even during power interruptions, making them indispensable for mission-critical and high-precision applications. Incremental encoders, while cost-effective and widely used, lack this inherent reliability, positioning absolute encoders as the preferred choice in sectors like robotics, automotive, and aerospace where accuracy and continuous operation are critical. This trend underscores the revenue dominance of absolute signal types despite the steady adoption of incremental systems.
- The Global Encoder Market spans North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America held the largest market share in 2025, driven by a well-established industrial automation ecosystem, advanced manufacturing infrastructure, and high adoption of robotics and smart machinery. The U.S. leads in integrating encoders into automated production lines and precision machinery. Asia Pacific is projected to witness the fastest growth due to rapid industrialization, smart factory initiatives, and government-led incentives in countries such as China, India, and Japan. Europe maintains a steady growth rate, bolstered by precision engineering industries and aerospace applications, while Latin America and the Middle East & Africa are emerging markets, progressively embracing automation and smart manufacturing solutions.
Major market players included in this report are:
- Heidenhain GmbH
- Rexroth Bosch Group
- Omron Corporation
- Phoenix Contact GmbH & Co. KG
- Renishaw PLC
- Fanuc Corporation
- Balluff GmbH
- Hengstler GmbH
- Brooks Automation, Inc.
- Sick AG
- Tamagawa Seiki Co., Ltd.
- Parker Hannifin Corporation
- ABB Ltd.
- Moog Inc.
- Leine & Linde AB
Global Encoder Market Report Scope:
- Historical Data - 2023, 2024
- Base Year for Estimation - 2024
- Forecast period - 2025-2035
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2025 to 2035.
- Annualized revenues and regional-level analysis for each market segment.
- Detailed analysis of the geographical landscape with country-level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of the competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Encoder Market Report Scope & Methodology
- 1.1. Research Objective
- 1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
- 1.3. Research Attributes
- 1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
- 1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
- 2.1. CEO/CXO Standpoint
- 2.2. Strategic Insights
- 2.3. ESG Analysis
- 2.4. key Findings
Chapter 3. Global Encoder Market Forces Analysis
- 3.1. Market Forces Shaping The Global Encoder Market (2024-2035)
- 3.2. Drivers
- 3.2.1. surge in industrial automation
- 3.2.2. adoption of smart factories
- 3.3. Restraints
- 3.3.1. high initial costs for precision encoders
- 3.4. Opportunities
- 3.4.1. increasing demand for precision motion control across multiple industries
Chapter 4. Global Encoder Industry Analysis
- 4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Forecast Model (2024-2035)
- 4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top Investment Opportunities
- 4.5. Top Winning Strategies (2025)
- 4.6. Market Share Analysis (2024-2025)
- 4.7. Global Pricing Analysis And Trends 2025
- 4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Encoder Market Size & Forecasts by Type 2025-2035
- 5.1. Market Overview
- 5.2. Global Encoder Market Performance - Potential Analysis (2025)
- 5.3. Rotary Encoder
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
- 5.4. Linear Encoder
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
Chapter 6. Global Encoder Market Size & Forecasts by Signal Type 2025-2035
- 6.1. Market Overview
- 6.2. Global Encoder Market Performance - Potential Analysis (2025)
- 6.3. Incremental
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
- 6.4. Absolute
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
Chapter 7. Global Encoder Market Size & Forecasts by Technology 2025-2035
- 7.1. Market Overview
- 7.2. Global Encoder Market Performance - Potential Analysis (2025)
- 7.3. Optical
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
- 7.4. Magnetic
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035
- 7.5. Capacitive
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market size analysis, by region, 2025-2035
Chapter 8. Global Encoder Market Size & Forecasts by Application 2025-2035
- 8.1. Market Overview
- 8.2. Global Encoder Market Performance - Potential Analysis (2025)
- 8.3. Industrial Automation
- 8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.3.2. Market size analysis, by region, 2025-2035
- 8.4. Robotics
- 8.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.4.2. Market size analysis, by region, 2025-2035
- 8.5. Automotive
- 8.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.5.2. Market size analysis, by region, 2025-2035
- 8.6. Aerospace & Defense
- 8.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.6.2. Market size analysis, by region, 2025-2035
Chapter 9. Global Encoder Market Size & Forecasts by Region 2025-2035
- 9.1. Growth Encoder Market, Regional Market Snapshot
- 9.2. Top Leading & Emerging Countries
- 9.3. North America Encoder Market
- 9.3.1. U.S. Encoder Market
- 9.3.1.1. Type breakdown size & forecasts, 2025-2035
- 9.3.1.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.3.1.3. Technology breakdown size & forecasts, 2025-2035
- 9.3.1.4. Application breakdown size & forecasts, 2025-2035
- 9.3.2. Canada Encoder Market
- 9.3.2.1. Type breakdown size & forecasts, 2025-2035
- 9.3.2.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.3.2.3. Technology breakdown size & forecasts, 2025-2035
- 9.3.2.4. Application breakdown size & forecasts, 2025-2035
- 9.3.1. U.S. Encoder Market
- 9.4. Europe Encoder Market
- 9.4.1. UK Encoder Market
- 9.4.1.1. Type breakdown size & forecasts, 2025-2035
- 9.4.1.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.4.1.3. Technology breakdown size & forecasts, 2025-2035
- 9.4.1.4. Application breakdown size & forecasts, 2025-2035
- 9.4.2. Germany Encoder Market
- 9.4.2.1. Type breakdown size & forecasts, 2025-2035
- 9.4.2.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.4.2.3. Technology breakdown size & forecasts, 2025-2035
- 9.4.2.4. Application breakdown size & forecasts, 2025-2035
- 9.4.3. France Encoder Market
- 9.4.3.1. Type breakdown size & forecasts, 2025-2035
- 9.4.3.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.4.3.3. Technology breakdown size & forecasts, 2025-2035
- 9.4.3.4. Application breakdown size & forecasts, 2025-2035
- 9.4.4. Spain Encoder Market
- 9.4.4.1. Type breakdown size & forecasts, 2025-2035
- 9.4.4.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.4.4.3. Technology breakdown size & forecasts, 2025-2035
- 9.4.4.4. Application breakdown size & forecasts, 2025-2035
- 9.4.5. Italy Encoder Market
- 9.4.5.1. Type breakdown size & forecasts, 2025-2035
- 9.4.5.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.4.5.3. Technology breakdown size & forecasts, 2025-2035
- 9.4.5.4. Application breakdown size & forecasts, 2025-2035
- 9.4.6. Rest of Europe Encoder Market
- 9.4.6.1. Type breakdown size & forecasts, 2025-2035
- 9.4.6.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.4.6.3. Technology breakdown size & forecasts, 2025-2035
- 9.4.6.4. Application breakdown size & forecasts, 2025-2035
- 9.4.1. UK Encoder Market
- 9.5. Asia Pacific Encoder Market
- 9.5.1. China Encoder Market
- 9.5.1.1. Type breakdown size & forecasts, 2025-2035
- 9.5.1.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.5.1.3. Technology breakdown size & forecasts, 2025-2035
- 9.5.1.4. Application breakdown size & forecasts, 2025-2035
- 9.5.2. India Encoder Market
- 9.5.2.1. Type breakdown size & forecasts, 2025-2035
- 9.5.2.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.5.2.3. Technology breakdown size & forecasts, 2025-2035
- 9.5.2.4. Application breakdown size & forecasts, 2025-2035
- 9.5.3. Japan Encoder Market
- 9.5.3.1. Type breakdown size & forecasts, 2025-2035
- 9.5.3.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.5.3.3. Technology breakdown size & forecasts, 2025-2035
- 9.5.3.4. Application breakdown size & forecasts, 2025-2035
- 9.5.4. Australia Encoder Market
- 9.5.4.1. Type breakdown size & forecasts, 2025-2035
- 9.5.4.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.5.4.3. Technology breakdown size & forecasts, 2025-2035
- 9.5.4.4. Application breakdown size & forecasts, 2025-2035
- 9.5.5. South Korea Encoder Market
- 9.5.5.1. Type breakdown size & forecasts, 2025-2035
- 9.5.5.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.5.5.3. Technology breakdown size & forecasts, 2025-2035
- 9.5.5.4. Application breakdown size & forecasts, 2025-2035
- 9.5.6. Rest of APAC Encoder Market
- 9.5.6.1. Type breakdown size & forecasts, 2025-2035
- 9.5.6.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.5.6.3. Technology breakdown size & forecasts, 2025-2035
- 9.5.6.4. Application breakdown size & forecasts, 2025-2035
- 9.5.1. China Encoder Market
- 9.6. Latin America Encoder Market
- 9.6.1. Brazil Encoder Market
- 9.6.1.1. Type breakdown size & forecasts, 2025-2035
- 9.6.1.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.6.1.3. Technology breakdown size & forecasts, 2025-2035
- 9.6.1.4. Application breakdown size & forecasts, 2025-2035
- 9.6.2. Mexico Encoder Market
- 9.6.2.1. Type breakdown size & forecasts, 2025-2035
- 9.6.2.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.6.2.3. Technology breakdown size & forecasts, 2025-2035
- 9.6.2.4. Application breakdown size & forecasts, 2025-2035
- 9.6.1. Brazil Encoder Market
- 9.7. Middle East and Africa Encoder Market
- 9.7.1. UAE Encoder Market
- 9.7.1.1. Type breakdown size & forecasts, 2025-2035
- 9.7.1.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.7.1.3. Technology breakdown size & forecasts, 2025-2035
- 9.7.1.4. Application breakdown size & forecasts, 2025-2035
- 9.7.2. Saudi Arabia (KSA) Encoder Market
- 9.7.2.1. Type breakdown size & forecasts, 2025-2035
- 9.7.2.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.7.2.3. Technology breakdown size & forecasts, 2025-2035
- 9.7.2.4. Application breakdown size & forecasts, 2025-2035
- 9.7.3. South Africa Encoder Market
- 9.7.3.1. Type breakdown size & forecasts, 2025-2035
- 9.7.3.2. Signal Type breakdown size & forecasts, 2025-2035
- 9.7.3.3. Technology breakdown size & forecasts, 2025-2035
- 9.7.3.4. Application breakdown size & forecasts, 2025-2035
- 9.7.1. UAE Encoder Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Heidenhain GmbH
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Financial Performance (Subject to Data Availability)
- 10.2.5. Product/Services Port
- 10.2.6. Recent Development
- 10.2.7. Market Strategies
- 10.2.8. SWOT Analysis
- 10.3. Rexroth Bosch Group
- 10.4. Omron Corporation
- 10.5. Phoenix Contact GmbH & Co. KG
- 10.6. Renishaw PLC
- 10.7. Fanuc Corporation
- 10.8. Balluff GmbH
- 10.9. Hengstler GmbH
- 10.10. Brooks Automation, Inc.
- 10.11. Sick AG
- 10.12. Tamagawa Seiki Co., Ltd.
- 10.13. Parker Hannifin Corporation
- 10.14. ABB Ltd.
- 10.15. Moog Inc.
- 10.16. Leine & Linde AB
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