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U.S. Encoders market to 2032

Overview

The U.S. Encoders market is expected to reach a 1,511.35 USD Billion by 2032 and is projected to grow at a CAGR of 14.75% from 2025 to 2032.

Revenue, 2024 (USD Billion)
745.34
Forecast, 2032 (USD Billion)
1,511.35
CAGR, 2024 - 2032
14.75%
Report Coverage
U.S.

U.S. Encoders market 2018-2032 USD Billion

U.S. Encoders market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 745.34 USD Billion
  • Projected Market Size (2032): 1,511.35 USD Billion
  • CAGR (2025-2032): 14.75%

Key Findings of U.S. Encoders market

  • The U.S. Encoders market was valued at 745.34 USD Billion in 2024.
  • The U.S. Encoders market is likely to grow at a CAGR of 14.75% 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 703.11 USD Billion
  • The fastest growing segment Automotive in End User Segment grew Fastest with a CAGR of 16.92% during the forecast period from 2024 to 2032.

U.S. Encoders market Scope

U.S. 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
Type
  • Linear
  • Rotary
Design
  • Solid Shaft Encoders
  • Hollow Shaft Encoders
End User
  • Others
  • Textile
  • Consumer Electronics
  • Oil and Gas
  • Food and Beverages
  • Printing
  • Medical
  • Aerospace
  • Automotive
  • Industrial

U.S. Encoders market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 745.34 USD Billion
Market Value in 2032 1,511.35 USD Billion
CAGR (2025-2032) 14.75%
Historic Data 2016-2023
Market Segments Covered Product Type,Output,Size,Type,Design,End User

Regional Insights:

  • Leading Market (2024-2032): U.S., leading in terms of revenue 745.34 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 745.34 USD Billion in 2024.

Segments and Scope

  • U.S. Encoders market to 2032, By Product Type
    • Non Contacting is the largest segment in U.S. Encoders market to 2032 with a revenue of 690.91 USD Billion in the year 2024.
    • Non Contacting is the Fastest growing segment in U.S. Encoders market to 2032 with a Growth rate of 15.18 % in forecast period 2025-2032.
  • U.S. Encoders market to 2032, By Output
    • Digital is the largest segment in U.S. Encoders market to 2032 with a revenue of 703.11 USD Billion in the year 2024.
    • Digital is the Fastest growing segment in U.S. Encoders market to 2032 with a Growth rate of 15.12 % in forecast period 2025-2032.
  • U.S. Encoders market to 2032, By Size
    • 31 mm - 70 mm is the largest segment in U.S. Encoders market to 2032 with a revenue of 381.12 USD Billion in the year 2024.
    • Less than 30 mm is the Fastest growing segment in U.S. Encoders market to 2032 with a Growth rate of 14.61 % in forecast period 2025-2032.
  • U.S. Encoders market to 2032, By Type
    • Rotary is the largest segment in U.S. Encoders market to 2032 with a revenue of 583.21 USD Billion in the year 2024.
    • Rotary is the Fastest growing segment in U.S. Encoders market to 2032 with a Growth rate of 15.62 % in forecast period 2025-2032.
  • U.S. Encoders market to 2032, By Design
    • Hollow Shaft Encoders is the largest segment in U.S. Encoders market to 2032 with a revenue of 638.48 USD Billion in the year 2024.
    • Hollow Shaft Encoders is the Fastest growing segment in U.S. Encoders market to 2032 with a Growth rate of 15.30 % in forecast period 2025-2032.
  • U.S. Encoders market to 2032, By End User
    • Industrial is the largest segment in U.S. Encoders market to 2032 with a revenue of 147.73 USD Billion in the year 2024.
    • Automotive is the Fastest growing segment in U.S. Encoders market to 2032 with a Growth rate of 15.93 % in forecast period 2025-2032.

U.S. Encoders market Company Share Analysis

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

U.S. Encoders market Geographical Sales Distribution, 2018-2032 USD Billion

U.S. Encoders market Geographical Sales Distribution, 2018-2032 USD Billion

U.S. Encoders market Company Profiling

U.S. Encoders market Company Profiling

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Frequently Asked Questions
The U.S. Encoders market is segmented based on Segmentation Product Type,Output,Size,Type,Design,End User.
U.S. Encoders market was valued at USD 745.34(Revenue in USD Billion) in 2020.
U.S. Encoders market is projected to grow at a CAGR of 14.75% during the forecast period of 2024 to 2032.
The Digital segment is expected to dominate the U.S. Encoders market, holding a largest market share of 703.11 USD Billion in 2024

Coming Soon....

U.S. Encoders market Scope

U.S. 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
Type
  • Linear
  • Rotary
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 U.S. Encoders market is segmented based on Segmentation Product Type,Output,Size,Type,Design,End User.
U.S. Encoders market was valued at USD 745.34(Revenue in USD Billion) in 2020.
U.S. Encoders market is projected to grow at a CAGR of 14.75% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Encoders market for final year is USD 1,511.35 (USD Billion).

U.S. Encoders market Company Profiling

U.S. Encoders market Company Profiling
Frequently Asked Questions
The U.S. Encoders market is segmented based on Segmentation Product Type,Output,Size,Type,Design,End User.
U.S. Encoders market was valued at USD 745.34(Revenue in USD Billion) in 2020.
U.S. Encoders market is projected to grow at a CAGR of 14.75% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Encoders market for final year is USD 1,511.35 (USD Billion).

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