PUBLISHER: QYResearch | PRODUCT CODE: 1872057
PUBLISHER: QYResearch | PRODUCT CODE: 1872057
The global market for Encoder IC was estimated to be worth US$ 501 million in 2024 and is forecast to a readjusted size of US$ 744 million by 2031 with a CAGR of 5.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Encoder IC cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
An encoder is a sensing device that provides feedback. Encoders convert motion to an electrical signal that can be read by some type of control device in a motion control system, such as a counter or PLC. The encoder sends a feedback signal that can be used to determine position, count, speed, or direction. A control device can use this information to send a command for a particular function.
An Encoder IC (Integrated Circuit) is a digital logic IC designed to convert one digital code to another, commonly used to translate a set of inputs into a unique binary code. These ICs take multiple input lines and produce a corresponding multi-bit output, often translating decimal values to binary or converting parallel data to serial, particularly in applications like remote control systems, security alarms, and position sensing.
The Encoder IC (Integrated Circuit) market is experiencing significant growth, driven by the increasing adoption of automation, robotics, and smart electronics across various industries. Encoder ICs-essential components for motion control and feedback systems-translate mechanical motion into electrical signals for precise position, speed, or direction sensing. These chips are essential in everything from factory automation and robotics to consumer electronics, automotive systems, and medical devices.
1. Rising Demand in Industrial Automation
One of the most significant drivers of encoder IC market growth is the rapid expansion of Industry 4.0 and the global shift toward smart factories. Encoder ICs are key elements in motor control systems used in conveyor belts, robotic arms, CNC machinery, and elevators. The need for real-time feedback, precision motion control, and reduced downtime in automated systems is fueling the demand for high-performance encoders-especially optical and magnetic encoder ICs.
2. Automotive Sector Expansion
Modern vehicles increasingly rely on encoder ICs for steering angle detection, throttle control, pedal position sensing, gearbox feedback, and electric motor synchronization. With the rise of electric vehicles (EVs), ADAS (Advanced Driver Assistance Systems), and autonomous driving, the demand for reliable and compact encoder ICs with high-resolution capabilities is expanding rapidly. Automotive-grade encoder ICs also require high durability in harsh environments, boosting demand for magnetic and capacitive types.
3. Miniaturization and Integration
As devices become smaller and smarter, there is a trend toward miniaturized encoder ICs that integrate additional functionality such as signal processing, I2C/SPI communication, or embedded diagnostics. This trend supports the development of compact medical devices (like infusion pumps or robotic surgical systems) and precision tools in consumer electronics (like drones, cameras, and 3D printers).
This report aims to provide a comprehensive presentation of the global market for Encoder IC, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Encoder IC by region & country, by Type, and by Application.
The Encoder IC market size, estimations, and forecasts are provided in terms of sales volume (Million Pcs) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Encoder IC.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Encoder IC manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Encoder IC in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Encoder IC in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.