MARKET OVERVIEW
Miniature Absolute Encoders
are feedback devices that provide speed, position information by outputting a digital word or bit in relation to motion. Unlike incremental encoders that output a continuous stream of ubiquitous pulses, absolute encoders output unique words or bits for each position.
MARKET SIZE & GROWTH
• The global Miniature Absolute Encoders Market was valued at USD 1,602 million in 2024.
• It is projected to reach USD 3,050 million by 2031.
• The market is expected to grow at a CAGR of 9.9% during the forecast period.
