Companies Dominating the Incremental Encoders Landscape
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TE Connectivity Corporation (TE)
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- British Encoder Products Company
- Omron Corporation
- Renishaw PLC
- Encoders UK LTD
- Newall Electronics, Inc.,
- Dynapar Corporation
- Fraba B.V.
- Gurley Precision Instruments Inc.
- Sensata Technologies Inc.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of incremental encoders is estimated at USD 4.23 billion.
The incremental encoders market size was over USD 3.63 billion in 2024 and is anticipated to cross USD 12.38 billion by 2037, growing at more than 9.9% CAGR during the forecast period i.e., between 2025-2037. The upsurge in the aerospace & defense industry as well as rise in the automotive industry sales along with growing automation in manufacturing sector will propel the market growth.
North America industry is anticipated to dominate majority revenue share of 40% by 2037, backed by presence of a strong maritime network in the region, a growing number of jobs on ports, as well as the rising economy generated from marine transportation.
The major players in the market are British Encoder Products Company, Omron Corporation, Renishaw PLC, Encoders UK LTD, Newall Electronics, Inc., Dynapar Corporation, Fraba B.V., Gurley Precision Instruments Inc., Sensata Technologies Inc.
