Thailand Encoders market to 2032
Overview
The Thailand Encoders market is expected to reach a 57.18 USD Billion by 2032 and is projected to grow at a CAGR of 13.37% from 2025 to 2032.
Revenue, 2024 (USD Billion)
29.98
Forecast, 2032 (USD Billion)
57.18
CAGR, 2024 - 2032
13.37%
Report Coverage
Thailand
Thailand Encoders market 2018-2032 USD Billion
Thailand Encoders market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 29.98 USD Billion
- Projected Market Size (2032): 57.18 USD Billion
- CAGR (2025-2032): 13.37%
Key Findings of Thailand Encoders market
- The Thailand Encoders market was valued at 29.98 USD Billion in 2024.
- The Thailand Encoders market is likely to grow at a CAGR of 13.37% 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 29.03 USD Billion
- The fastest growing segment Automotive in End User Segment grew Fastest with a CAGR of 15.15% during the forecast period from 2024 to 2032.
Thailand Encoders market Scope
Thailand Encoders market Segmentation & Scope
End User
- Others
- Textile
- Consumer Electronics
- Oil and Gas
- Food and Beverages
- Printing
- Medical
- Aerospace
- Automotive
- Industrial
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
Product Type
- Contacting
- Non Contacting
Type
- Linear
- Rotary
Thailand Encoders market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 29.98 USD Billion |
| Market Value in 2032 | 57.18 USD Billion |
| CAGR (2025-2032) | 13.37% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Output,Size,Design,Product Type,Type |
Regional Insights:
-
Leading Market (2024-2032): Thailand, leading in terms of revenue 29.98 USD Billion in 2024
- Key Country: Thailand, leading in terms of revenue with value of 29.98 USD Billion in 2024.
Segments and Scope
-
Thailand Encoders market to 2032, By End User
- Industrial is the largest segment in Thailand Encoders market to 2032 with a revenue of 10.64 USD Billion in the year 2024.
- Automotive is the Fastest growing segment in Thailand Encoders market to 2032 with a Growth rate of 14.01 % in forecast period 2025-2032.
-
Thailand Encoders market to 2032, By Output
- Digital is the largest segment in Thailand Encoders market to 2032 with a revenue of 29.03 USD Billion in the year 2024.
- Digital is the Fastest growing segment in Thailand Encoders market to 2032 with a Growth rate of 13.58 % in forecast period 2025-2032.
-
Thailand Encoders market to 2032, By Size
- 31 mm - 70 mm is the largest segment in Thailand Encoders market to 2032 with a revenue of 17.76 USD Billion in the year 2024.
- Less than 30 mm is the Fastest growing segment in Thailand Encoders market to 2032 with a Growth rate of 13.19 % in forecast period 2025-2032.
-
Thailand Encoders market to 2032, By Design
- Hollow Shaft Encoders is the largest segment in Thailand Encoders market to 2032 with a revenue of 26.60 USD Billion in the year 2024.
- Hollow Shaft Encoders is the Fastest growing segment in Thailand Encoders market to 2032 with a Growth rate of 13.87 % in forecast period 2025-2032.
-
Thailand Encoders market to 2032, By Product Type
- Non Contacting is the largest segment in Thailand Encoders market to 2032 with a revenue of 28.54 USD Billion in the year 2024.
- Non Contacting is the Fastest growing segment in Thailand Encoders market to 2032 with a Growth rate of 13.71 % in forecast period 2025-2032.
-
Thailand Encoders market to 2032, By Type
- Rotary is the largest segment in Thailand Encoders market to 2032 with a revenue of 24.35 USD Billion in the year 2024.
- Rotary is the Fastest growing segment in Thailand Encoders market to 2032 with a Growth rate of 14.34 % in forecast period 2025-2032.
Thailand Encoders market Company Share Analysis
| Company Name |
|
||
| OMRON Corporation | |||
| Pepperl+Fuchs (India) Pvt. Ltd. | |||
| maxon | |||
| Renishaw plc. | |||
| Rockwell Automation, Inc. | |||
Thailand Encoders market Geographical Sales Distribution, 2018-2032 USD Billion
Thailand Encoders market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Thailand Encoders market is segmented based on Segmentation End User,Output,Size,Design,Product Type,Type.
Thailand Encoders market was valued at USD 29.98(Revenue in USD Billion) in 2020.
Thailand Encoders market is projected to grow at a CAGR of 13.37% during the forecast period of 2024 to 2032.
The Digital segment is expected to dominate the Thailand Encoders market, holding a largest market share of 29.03 USD Billion in 2024
Coming Soon....
Thailand Encoders market Scope
Thailand Encoders market Segmentation & Scope
End User
- Others
- Textile
- Consumer Electronics
- Oil and Gas
- Food and Beverages
- Printing
- Medical
- Aerospace
- Automotive
- Industrial
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
Product Type
- Contacting
- Non Contacting
Type
- Linear
- Rotary
Frequently Asked Questions
The Thailand Encoders market is segmented based on Segmentation End User,Output,Size,Design,Product Type,Type.
Thailand Encoders market was valued at USD 29.98(Revenue in USD Billion) in 2020.
Thailand Encoders market is projected to grow at a CAGR of 13.37% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Encoders market for final year is USD 57.18 (USD Billion).
Thailand Encoders market Company Profiling
Frequently Asked Questions
The Thailand Encoders market is segmented based on Segmentation End User,Output,Size,Design,Product Type,Type.
Thailand Encoders market was valued at USD 29.98(Revenue in USD Billion) in 2020.
Thailand Encoders market is projected to grow at a CAGR of 13.37% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Encoders market for final year is USD 57.18 (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.