Europe Encoders market to 2032
Overview
The Europe Encoders market is expected to reach a 1,214.45 USD Billion by 2032 and is projected to grow at a CAGR of 13.56% from 2025 to 2032.
Revenue, 2024 (USD Billion)
631.27
Forecast, 2032 (USD Billion)
1,214.45
CAGR, 2024 - 2032
13.56%
Report Coverage
Europe
Europe Encoders market 2018-2032 USD Billion
Europe Encoders market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 631.27 USD Billion
- Projected Market Size (2032): 1,214.45 USD Billion
- CAGR (2025-2032): 13.56%
Key Findings of Europe Encoders market
- The Europe Encoders market was valued at 631.27 USD Billion in 2024.
- The Europe Encoders market is likely to grow at a CAGR of 13.56% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Digital in Output Segment accounted for the largest share of the market with a revenue of 601.64 USD Billion
- The fastest growing segment Automotive in End User Segment grew Fastest with a CAGR of 15.55% during the forecast period from 2024 to 2032.
Europe Encoders market Scope
Europe Encoders market Segmentation & Scope
Design
- Solid Shaft Encoders
- Hollow Shaft Encoders
End User
- Others
- Textile
- Consumer Electronics
- Oil and Gas
- Food and Beverages
- Printing
- Medical
- Aerospace
- Automotive
- Industrial
Size
- More than 100 mm
- 71 mm - 100 mm
- Less than 30 mm
- 31 mm - 70 mm
Type
- Linear
- Rotary
Product Type
- Contacting
- Non Contacting
Output
- Analog
- Digital
Europe Encoders market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 631.27 USD Billion |
| Market Value in 2032 | 1,214.45 USD Billion |
| CAGR (2025-2032) | 13.56% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Design,End User,Size,Type,Product Type,Output |
Regional Insights:
-
Leading Market (2024-2032): Europe, leading in terms of revenue 631.27 USD Billion in 2024
- Key Country: Germany, leading in terms of revenue with value of 163.77 USD Billion in 2024.
Segments and Scope
-
Europe Encoders market to 2032, By Design
- Hollow Shaft Encoders is the largest segment in Europe Encoders market to 2032 with a revenue of 548.50 USD Billion in the year 2024.
- Hollow Shaft Encoders is the Fastest growing segment in Europe Encoders market to 2032 with a Growth rate of 14.04 % in forecast period 2025-2032.
-
Europe Encoders market to 2032, By End User
- Industrial is the largest segment in Europe Encoders market to 2032 with a revenue of 167.09 USD Billion in the year 2024.
- Automotive is the Fastest growing segment in Europe Encoders market to 2032 with a Growth rate of 14.18 % in forecast period 2025-2032.
-
Europe Encoders market to 2032, By Size
- 31 mm - 70 mm is the largest segment in Europe Encoders market to 2032 with a revenue of 345.45 USD Billion in the year 2024.
- Less than 30 mm is the Fastest growing segment in Europe Encoders market to 2032 with a Growth rate of 13.50 % in forecast period 2025-2032.
-
Europe Encoders market to 2032, By Type
- Rotary is the largest segment in Europe Encoders market to 2032 with a revenue of 498.25 USD Billion in the year 2024.
- Rotary is the Fastest growing segment in Europe Encoders market to 2032 with a Growth rate of 14.22 % in forecast period 2025-2032.
-
Europe Encoders market to 2032, By Product Type
- Non Contacting is the largest segment in Europe Encoders market to 2032 with a revenue of 592.26 USD Billion in the year 2024.
- Non Contacting is the Fastest growing segment in Europe Encoders market to 2032 with a Growth rate of 13.98 % in forecast period 2025-2032.
-
Europe Encoders market to 2032, By Output
- Digital is the largest segment in Europe Encoders market to 2032 with a revenue of 601.64 USD Billion in the year 2024.
- Digital is the Fastest growing segment in Europe Encoders market to 2032 with a Growth rate of 13.85 % in forecast period 2025-2032.
Europe Encoders market Company Share Analysis
| Company Name |
|
||
| OMRON Corporation | |||
| Pepperl+Fuchs (India) Pvt. Ltd. | |||
| maxon | |||
| Renishaw plc. | |||
| Rockwell Automation, Inc. | |||
Europe Encoders market Geographical Sales Distribution, 2018-2032 USD Billion
Europe Encoders market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Europe Encoders market is segmented based on Segmentation Design,End User,Size,Type,Product Type,Output.
Europe Encoders market was valued at USD 631.27(Revenue in USD Billion) in 2020.
Europe Encoders market is projected to grow at a CAGR of 13.56% during the forecast period of 2024 to 2032.
The Digital segment is expected to dominate the Europe Encoders market, holding a largest market share of 601.64 USD Billion in 2024
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Europe Encoders market Scope
Europe Encoders market Segmentation & Scope
Design
- Solid Shaft Encoders
- Hollow Shaft Encoders
End User
- Others
- Textile
- Consumer Electronics
- Oil and Gas
- Food and Beverages
- Printing
- Medical
- Aerospace
- Automotive
- Industrial
Size
- More than 100 mm
- 71 mm - 100 mm
- Less than 30 mm
- 31 mm - 70 mm
Type
- Linear
- Rotary
Product Type
- Contacting
- Non Contacting
Output
- Analog
- Digital
Frequently Asked Questions
The Europe Encoders market is segmented based on Segmentation Design,End User,Size,Type,Product Type,Output.
Europe Encoders market was valued at USD 631.27(Revenue in USD Billion) in 2020.
Europe Encoders market is projected to grow at a CAGR of 13.56% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Encoders market for final year is USD 1,214.45 (USD Billion).
Europe Encoders market Company Profiling
Frequently Asked Questions
The Europe Encoders market is segmented based on Segmentation Design,End User,Size,Type,Product Type,Output.
Europe Encoders market was valued at USD 631.27(Revenue in USD Billion) in 2020.
Europe Encoders market is projected to grow at a CAGR of 13.56% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Encoders market for final year is USD 1,214.45 (USD Billion).
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