Global Optical Encoder Market to Surpass USD 3.1 Billion by 2032, Driven by Demand for High-Precision Motion Control Systems
The Optical Encoder Market is witnessing strong growth, projected to reach USD 3.1 billion by 2032 from USD 2 billion in 2023, expanding at a CAGR of 5.1% over the forecast period. This growth is propelled by advancements in automation, robotics, and industrial machinery that demand high-speed, accurate position...
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