The global encoder market is booming, projected to reach \$5.725 billion by 2033 with a CAGR of 7.91%. Driven by automation and IoT, this detailed analysis covers market size, key players (Sensata, Renishaw, Honeywell), regional trends, and segment breakdowns (rotary, linear, optical, etc.). Discover growth opportunities and competitive insights in this comprehensive market report.
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