The Encoder Market is expected to witness moderate growth, registering a 7.7% CAGR during the forecast period (2022 – 2030). The Market is projected to reach US$ 2.17 Bn in 2022 and US$ 3.95 Bn by 2030.
Key Takeaways of Encoder Market Study
The optical sensing encoders segment is expected to witness a notable growth rate, owing to increasing demand for enhanced resolution and...
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