Incremental Encoders Market Segmentation:
Type Segment Analysis
The global incremental encoders market is segmented and analyzed for demand and supply by type into quadrature incremental encoder, optical incremental encoder, and magnetic incremental encoder. Amongst these segments, the quadrature incremental encoder segment is anticipated to garner the largest revenue by the end of 2031, backed by the surge in the sale of personal computers (PC) worldwide along with the growing sales of mice and trackballs for computers. For instance, it was found that more than 72 million PCs were shipped globally in the second quarter of 2022.
Our in-depth analysis of the global market includes the following segments:
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of incremental encoders is estimated at USD 4.61 billion.
The global incremental encoders market size was more than USD 4.23 billion in 2025 and is anticipated to grow at a CAGR of over 9.9%, reaching USD 10.87 billion revenue by 2035.
North America is predicted to hold a 40% revenue share by 2035, impelled by a robust maritime network, rising port employment, and economic growth from marine transportation.
Key players in the market include 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.
