Asia Pacific Encoder Market Size & Outlook, 2023-2030

The encoder market in Asia Pacific is expected to reach a projected revenue of US$ 2,198.4 million by 2030. A compound annual growth rate of 16.6% is expected of Asia Pacific encoder market from 2024 to 2030.

Revenue, 2023 (US$M)
$752.4
Forecast, 2030 (US$M)
$2,198.4
CAGR, 2024 - 2030
16.6%
Report Coverage
Asia Pacific

Asia Pacific encoder market highlights

  • The Asia Pacific encoder market generated a revenue of USD 752.4 million in 2023.
  • The market is expected to grow at a CAGR of 16.6% from 2024 to 2030.
  • In terms of segment, rotary encoder was the largest revenue generating type in 2023.
  • Rotary Encoder is the most lucrative type segment registering the fastest growth during the forecast period.


Asia Pacific data book summary

Market revenue in 2023USD 752.4 million
Market revenue in 2030USD 2,198.4 million
Growth rate16.6% (CAGR from 2023 to 2030)
Largest segmentRotary encoder
Fastest growing segmentRotary Encoder
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRotary Encoder


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 25.0% of the global encoder market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,198.4 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Encoder Market Scope

Encoder market segmentation & scope
Rotary Encoder
Linear Encoder
Signal
Incremental
Absolute
Technology
Magnetic
Inductive
Optical
Others (mechanical, laser, visual sensing technologies)
Application
Industrial
Healthcare & Life Sciences
Automotive
Consumer Electronics
Power
Food & Beverage
Aerospace
Printing
Textile
Others (Marine, Chemicals, Oil & Gas, Mining)
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Japan
China
India
Australia
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

Encoder Market Companies

Name Profile # Employees HQ Website

Asia Pacific encoder market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to encoder market will help companies and investors design strategic landscapes.


Rotary encoder was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific encoder market based on rotary encoder covering the revenue growth of each sub-segment from 2018 to 2030.


Reasons to subscribe to Asia Pacific encoder market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Asia Pacific encoder market databook

  • Our clientele includes a mix of encoder market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific encoder market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific encoder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Asia Pacific encoder market

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more