India Encoders market to 2032
Overview
The India Encoders market is expected to reach a 183.46 USD Billion by 2032 and is projected to grow at a CAGR of 15.90% from 2025 to 2032.
Revenue, 2024 (USD Billion)
85.96
Forecast, 2032 (USD Billion)
183.46
CAGR, 2024 - 2032
15.90%
Report Coverage
India
India Encoders market 2018-2032 USD Billion
India Encoders market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 85.96 USD Billion
- Projected Market Size (2032): 183.46 USD Billion
- CAGR (2025-2032): 15.90%
Key Findings of India Encoders market
- The India Encoders market was valued at 85.96 USD Billion in 2024.
- The India Encoders market is likely to grow at a CAGR of 15.90% 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 82.76 USD Billion
- The fastest growing segment Automotive in End User Segment grew Fastest with a CAGR of 17.91% during the forecast period from 2024 to 2032.
India Encoders market Scope
India Encoders market Segmentation & Scope
Type
- Linear
- Rotary
End User
- Others
- Textile
- Consumer Electronics
- Oil and Gas
- Food and Beverages
- Printing
- Medical
- Aerospace
- Automotive
- Industrial
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
India Encoders market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 85.96 USD Billion |
| Market Value in 2032 | 183.46 USD Billion |
| CAGR (2025-2032) | 15.90% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,End User,Product Type,Output,Size,Design |
Regional Insights:
-
Leading Market (2024-2032): India, leading in terms of revenue 85.96 USD Billion in 2024
- Key Country: India, leading in terms of revenue with value of 85.96 USD Billion in 2024.
Segments and Scope
-
India Encoders market to 2032, By Type
- Rotary is the largest segment in India Encoders market to 2032 with a revenue of 67.84 USD Billion in the year 2024.
- Rotary is the Fastest growing segment in India Encoders market to 2032 with a Growth rate of 16.54 % in forecast period 2025-2032.
-
India Encoders market to 2032, By End User
- Industrial is the largest segment in India Encoders market to 2032 with a revenue of 24.77 USD Billion in the year 2024.
- Automotive is the Fastest growing segment in India Encoders market to 2032 with a Growth rate of 16.60 % in forecast period 2025-2032.
-
India Encoders market to 2032, By Product Type
- Non Contacting is the largest segment in India Encoders market to 2032 with a revenue of 80.83 USD Billion in the year 2024.
- Non Contacting is the Fastest growing segment in India Encoders market to 2032 with a Growth rate of 16.34 % in forecast period 2025-2032.
-
India Encoders market to 2032, By Output
- Digital is the largest segment in India Encoders market to 2032 with a revenue of 82.76 USD Billion in the year 2024.
- Digital is the Fastest growing segment in India Encoders market to 2032 with a Growth rate of 16.14 % in forecast period 2025-2032.
-
India Encoders market to 2032, By Size
- 31 mm - 70 mm is the largest segment in India Encoders market to 2032 with a revenue of 47.72 USD Billion in the year 2024.
- Less than 30 mm is the Fastest growing segment in India Encoders market to 2032 with a Growth rate of 16.02 % in forecast period 2025-2032.
-
India Encoders market to 2032, By Design
- Hollow Shaft Encoders is the largest segment in India Encoders market to 2032 with a revenue of 74.66 USD Billion in the year 2024.
- Hollow Shaft Encoders is the Fastest growing segment in India Encoders market to 2032 with a Growth rate of 16.40 % in forecast period 2025-2032.
India Encoders market Company Share Analysis
| Company Name |
|
||
| OMRON Corporation | |||
| Pepperl+Fuchs (India) Pvt. Ltd. | |||
| maxon | |||
| Renishaw plc. | |||
| Rockwell Automation, Inc. | |||
India Encoders market Geographical Sales Distribution, 2018-2032 USD Billion
India Encoders market Company Profiling
Industry Related Reports
Frequently Asked Questions
The India Encoders market is segmented based on Segmentation Type,End User,Product Type,Output,Size,Design.
India Encoders market was valued at USD 85.96(Revenue in USD Billion) in 2020.
India Encoders market is projected to grow at a CAGR of 15.90% during the forecast period of 2024 to 2032.
The Digital segment is expected to dominate the India Encoders market, holding a largest market share of 82.76 USD Billion in 2024
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India Encoders market Scope
India Encoders market Segmentation & Scope
Type
- Linear
- Rotary
End User
- Others
- Textile
- Consumer Electronics
- Oil and Gas
- Food and Beverages
- Printing
- Medical
- Aerospace
- Automotive
- Industrial
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
Frequently Asked Questions
The India Encoders market is segmented based on Segmentation Type,End User,Product Type,Output,Size,Design.
India Encoders market was valued at USD 85.96(Revenue in USD Billion) in 2020.
India Encoders market is projected to grow at a CAGR of 15.90% during the forecast period of 2024 to 2032.
The estimated market value of the India Encoders market for final year is USD 183.46 (USD Billion).
India Encoders market Company Profiling
Frequently Asked Questions
The India Encoders market is segmented based on Segmentation Type,End User,Product Type,Output,Size,Design.
India Encoders market was valued at USD 85.96(Revenue in USD Billion) in 2020.
India Encoders market is projected to grow at a CAGR of 15.90% during the forecast period of 2024 to 2032.
The estimated market value of the India Encoders market for final year is USD 183.46 (USD Billion).
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