Rising demand for advanced automation systems will continue to positively impact global optical encoder market revenues. The global market, valued at US$ 1,357.4 Mn in 2015, is expected to register a y-o-y growth rate of 11.3 % and attain a market value worth US$ 1,464.5 Mn in 2016. Growing demand for high-quality assurance in surface mount technology (SMT) placement processes and increasing acceptance of ... Read more


Market Overview:

Optical encoders are sensing devices that provide digital signals in response to the displacement of an object. They are widely used in various sectors such as industrial, consumer electronics, aerospace, and automotive for position and motion detection. The advantages of optical encoders include high accuracy, reliability, and durability. The increasing demand for automation in industrial applications is one of the key driving factors for market growth. ... Read more

Market Overview:

Optical encoders are electronic devices that convert mechanical motion into digital signals. They find extensive applications in industries such as automotive, healthcare, consumer electronics, and aerospace, among others. Optical encoders offer various advantages such as high accuracy, reliability, and durability, which make them highly desirable in applications that require precise motion control and position sensing. The growing need for automation and the ... Read more