RoE Encoders market to 2032

Overview

The RoE Encoders market is expected to reach a 40.28 USD Billion by 2032 and is projected to grow at a CAGR of 10.36% from 2025 to 2032.

Revenue, 2024 (USD Billion)
24.21
Forecast, 2032 (USD Billion)
40.28
CAGR, 2024 - 2032
10.36%
Report Coverage
RoE

RoE Encoders market 2018-2032 USD Billion

RoE Encoders market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 24.21 USD Billion
  • Projected Market Size (2032): 40.28 USD Billion
  • CAGR (2025-2032): 10.36%

Key Findings of RoE Encoders market

  • The RoE Encoders market was valued at 24.21 USD Billion in 2024.
  • The RoE Encoders market is likely to grow at a CAGR of 10.36% 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 23.40 USD Billion
  • The fastest growing segment Automotive in End User Segment grew Fastest with a CAGR of 12.10% during the forecast period from 2024 to 2032.

RoE Encoders market Scope

RoE Encoders market Segmentation & Scope
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
Type
  • Linear
  • Rotary

RoE Encoders market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 24.21 USD Billion
Market Value in 2032 40.28 USD Billion
CAGR (2025-2032) 10.36%
Historic Data 2016-2023
Market Segments Covered Product Type,Output,Size,Design,End User,Type

Regional Insights:

  • Leading Market (2024-2032): RoE, leading in terms of revenue 24.21 USD Billion in 2024
    • Key Country: RoE, leading in terms of revenue with value of 24.21 USD Billion in 2024.

Segments and Scope

  • RoE Encoders market to 2032, By Product Type
    • Non Contacting is the largest segment in RoE Encoders market to 2032 with a revenue of 23.03 USD Billion in the year 2024.
    • Non Contacting is the Fastest growing segment in RoE Encoders market to 2032 with a Growth rate of 10.70 % in forecast period 2025-2032.
  • RoE Encoders market to 2032, By Output
    • Digital is the largest segment in RoE Encoders market to 2032 with a revenue of 23.40 USD Billion in the year 2024.
    • Digital is the Fastest growing segment in RoE Encoders market to 2032 with a Growth rate of 10.58 % in forecast period 2025-2032.
  • RoE Encoders market to 2032, By Size
    • 31 mm - 70 mm is the largest segment in RoE Encoders market to 2032 with a revenue of 14.24 USD Billion in the year 2024.
    • Less than 30 mm is the Fastest growing segment in RoE Encoders market to 2032 with a Growth rate of 10.12 % in forecast period 2025-2032.
  • RoE Encoders market to 2032, By Design
    • Hollow Shaft Encoders is the largest segment in RoE Encoders market to 2032 with a revenue of 21.46 USD Billion in the year 2024.
    • Hollow Shaft Encoders is the Fastest growing segment in RoE Encoders market to 2032 with a Growth rate of 10.86 % in forecast period 2025-2032.
  • RoE Encoders market to 2032, By End User
    • Industrial is the largest segment in RoE Encoders market to 2032 with a revenue of 8.39 USD Billion in the year 2024.
    • Automotive is the Fastest growing segment in RoE Encoders market to 2032 with a Growth rate of 10.97 % in forecast period 2025-2032.
  • RoE Encoders market to 2032, By Type
    • Rotary is the largest segment in RoE Encoders market to 2032 with a revenue of 19.60 USD Billion in the year 2024.
    • Rotary is the Fastest growing segment in RoE Encoders market to 2032 with a Growth rate of 11.28 % in forecast period 2025-2032.

RoE Encoders market Company Share Analysis

 
Company Name Company Share Analysis
OMRON Corporation
Pepperl+Fuchs (India) Pvt. Ltd.
maxon
Renishaw plc.
Rockwell Automation, Inc.
RoE Encoders market Company Share Analysis

RoE Encoders market Geographical Sales Distribution, 2018-2032 USD Billion

RoE Encoders market Geographical Sales Distribution, 2018-2032 USD Billion

RoE Encoders market Company Profiling

RoE Encoders market Company Profiling
Frequently Asked Questions
The RoE Encoders market is segmented based on Segmentation Product Type,Output,Size,Design,End User,Type.
RoE Encoders market was valued at USD 24.21(Revenue in USD Billion) in 2020.
RoE Encoders market is projected to grow at a CAGR of 10.36% during the forecast period of 2024 to 2032.
The Digital segment is expected to dominate the RoE Encoders market, holding a largest market share of 23.40 USD Billion in 2024

Coming Soon....

RoE Encoders market Scope

RoE Encoders market Segmentation & Scope
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
Type
  • Linear
  • Rotary
Frequently Asked Questions
The RoE Encoders market is segmented based on Segmentation Product Type,Output,Size,Design,End User,Type.
RoE Encoders market was valued at USD 24.21(Revenue in USD Billion) in 2020.
RoE Encoders market is projected to grow at a CAGR of 10.36% during the forecast period of 2024 to 2032.
The estimated market value of the RoE Encoders market for final year is USD 40.28 (USD Billion).

RoE Encoders market Company Profiling

RoE Encoders market Company Profiling
Frequently Asked Questions
The RoE Encoders market is segmented based on Segmentation Product Type,Output,Size,Design,End User,Type.
RoE Encoders market was valued at USD 24.21(Revenue in USD Billion) in 2020.
RoE Encoders market is projected to grow at a CAGR of 10.36% during the forecast period of 2024 to 2032.
The estimated market value of the RoE Encoders market for final year is USD 40.28 (USD Billion).

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