Encoders Market with COVID-19 Impact, by Type (Linear and Rotary) Geography – Global Forecast to 202

The global encoder market size is expected to grow from USD 2.3 billion in 2021 to USD 3.7 billion by 2026, at a CAGR of 10.0%. The growth of the market is attributed to the need for high-end automation across industries, growth in adoption of Industry 4.0, and the inclination toward advanced technologies amid COVID-19 pandemic.

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