Encoder Market Report, Market Size, Share, Trends, Analysis By Forecast Period 2032.

According to Straits Research, the global Encoder Market market size was valued at USD 2.4 Billion in 2021. It is projected to reach from USD XX Billion in 2022 to USD 4.5 Billion by 2030, growing at a CAGR of 7.83% during the forecast period (2022–2030).