The global Encoder Market, valued at USD 3.26 billion in 2024, is on a trajectory of steady expansion, projected to reach USD 4.84 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.4% during the forecast period. This growth is detailed in a comprehensive new report published by Semiconductor Insight and underscores the indispensable role of these precision feedback devices...
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