Encoders Market Worth $2.4 Billion by 2024 - Exclusive Report by MarketsandMarkets
According to the new market research report "Encoders Market by Type (Linear and Rotary), Technology (Optical, Magnetic, and Others), End Use (Automotive, Consumer Electronics, Industrial, Food & Beverage, Medical, Printing, and Others), and Geography - Global Forecast to 2024", published by MarketsandMarkets™, the Encoders Market is expected to grow from USD 1.6 billion in 2019 to USD 2.4 billion by 2024, at a CAGR of 8.6%. Major factors surging the demand for encoders include the need for high-end automation and...
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