Canada Encoders market to 2032
Overview
The Canada Encoders market is expected to reach a 161.60 USD Billion by 2032 and is projected to grow at a CAGR of 12.56% from 2025 to 2032.
Revenue, 2024 (USD Billion)
87.90
Forecast, 2032 (USD Billion)
161.60
CAGR, 2024 - 2032
12.56%
Report Coverage
Canada
Canada Encoders market 2018-2032 USD Billion
Canada Encoders market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 87.90 USD Billion
- Projected Market Size (2032): 161.60 USD Billion
- CAGR (2025-2032): 12.56%
Key Findings of Canada Encoders market
- The Canada Encoders market was valued at 87.90 USD Billion in 2024.
- The Canada Encoders market is likely to grow at a CAGR of 12.56% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Non Contacting in Product Type Segment accounted for the largest share of the market with a revenue of 84.33 USD Billion
- The fastest growing segment Automotive in End User Segment grew Fastest with a CAGR of 14.87% during the forecast period from 2024 to 2032.
Canada Encoders market Scope
Canada Encoders market Segmentation & Scope
Type
- Linear
- Rotary
Product Type
- Contacting
- Non Contacting
Output
- Analog
- Digital
Size
- More than 100 mm
- 71 mm - 100 mm
- Less than 30 mm
- 31 mm - 70 mm
Design
- Solid Shaft Encoders
- Hollow Shaft Encoders
End User
- Others
- Textile
- Consumer Electronics
- Oil and Gas
- Food and Beverages
- Printing
- Medical
- Aerospace
- Automotive
- Industrial
Canada Encoders market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 87.90 USD Billion |
| Market Value in 2032 | 161.60 USD Billion |
| CAGR (2025-2032) | 12.56% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Product Type,Output,Size,Design,End User |
Regional Insights:
-
Leading Market (2024-2032): Canada, leading in terms of revenue 87.90 USD Billion in 2024
- Key Country: Canada, leading in terms of revenue with value of 87.90 USD Billion in 2024.
Segments and Scope
-
Canada Encoders market to 2032, By Type
- Rotary is the largest segment in Canada Encoders market to 2032 with a revenue of 68.88 USD Billion in the year 2024.
- Rotary is the Fastest growing segment in Canada Encoders market to 2032 with a Growth rate of 13.20 % in forecast period 2025-2032.
-
Canada Encoders market to 2032, By Product Type
- Non Contacting is the largest segment in Canada Encoders market to 2032 with a revenue of 84.33 USD Billion in the year 2024.
- Non Contacting is the Fastest growing segment in Canada Encoders market to 2032 with a Growth rate of 12.81 % in forecast period 2025-2032.
-
Canada Encoders market to 2032, By Output
- Digital is the largest segment in Canada Encoders market to 2032 with a revenue of 83.53 USD Billion in the year 2024.
- Digital is the Fastest growing segment in Canada Encoders market to 2032 with a Growth rate of 12.94 % in forecast period 2025-2032.
-
Canada Encoders market to 2032, By Size
- 31 mm - 70 mm is the largest segment in Canada Encoders market to 2032 with a revenue of 47.03 USD Billion in the year 2024.
- Less than 30 mm is the Fastest growing segment in Canada Encoders market to 2032 with a Growth rate of 12.60 % in forecast period 2025-2032.
-
Canada Encoders market to 2032, By Design
- Hollow Shaft Encoders is the largest segment in Canada Encoders market to 2032 with a revenue of 75.84 USD Billion in the year 2024.
- Hollow Shaft Encoders is the Fastest growing segment in Canada Encoders market to 2032 with a Growth rate of 13.10 % in forecast period 2025-2032.
-
Canada Encoders market to 2032, By End User
- Industrial is the largest segment in Canada Encoders market to 2032 with a revenue of 22.82 USD Billion in the year 2024.
- Automotive is the Fastest growing segment in Canada Encoders market to 2032 with a Growth rate of 13.37 % in forecast period 2025-2032.
Canada Encoders market Company Share Analysis
| Company Name |
|
||
| OMRON Corporation | |||
| Pepperl+Fuchs (India) Pvt. Ltd. | |||
| maxon | |||
| Renishaw plc. | |||
| Rockwell Automation, Inc. | |||
Canada Encoders market Geographical Sales Distribution, 2018-2032 USD Billion
Canada Encoders market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Canada Encoders market is segmented based on Segmentation Type,Product Type,Output,Size,Design,End User.
Canada Encoders market was valued at USD 87.90(Revenue in USD Billion) in 2020.
Canada Encoders market is projected to grow at a CAGR of 12.56% during the forecast period of 2024 to 2032.
The Non Contacting segment is expected to dominate the Canada Encoders market, holding a largest market share of 84.33 USD Billion in 2024
Coming Soon....
Canada Encoders market Scope
Canada Encoders market Segmentation & Scope
Type
- Linear
- Rotary
Product Type
- Contacting
- Non Contacting
Output
- Analog
- Digital
Size
- More than 100 mm
- 71 mm - 100 mm
- Less than 30 mm
- 31 mm - 70 mm
Design
- Solid Shaft Encoders
- Hollow Shaft Encoders
End User
- Others
- Textile
- Consumer Electronics
- Oil and Gas
- Food and Beverages
- Printing
- Medical
- Aerospace
- Automotive
- Industrial
Frequently Asked Questions
The Canada Encoders market is segmented based on Segmentation Type,Product Type,Output,Size,Design,End User.
Canada Encoders market was valued at USD 87.90(Revenue in USD Billion) in 2020.
Canada Encoders market is projected to grow at a CAGR of 12.56% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Encoders market for final year is USD 161.60 (USD Billion).
Canada Encoders market Company Profiling
Frequently Asked Questions
The Canada Encoders market is segmented based on Segmentation Type,Product Type,Output,Size,Design,End User.
Canada Encoders market was valued at USD 87.90(Revenue in USD Billion) in 2020.
Canada Encoders market is projected to grow at a CAGR of 12.56% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Encoders market for final year is USD 161.60 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.