Absolute Encoders ICs Market size was valued at US$
1.29 billion in 2024 and is projected to reach US$ 1.97 billion by 2032, at a CAGR of 6.18% during the forecast period 2025-2032
Report Studies
• The global Absolute Encoders ICs Market size was valued at US$ 1.29 billion in 2024 and is projected to reach US$ 1.97 billion by 2032, at a CAGR of 6.18% during the forecast period 2025-2032.
• Absolute encoders ICs are critical components in motion control systems that provide precise position feedback by generating unique digital codes for each shaft position. These integrated circuits convert mechanical rotation into electrical signals, offering non-volatile position retention even after power loss. The technology includes both single-turn (measuring rotation within 360°) and multi-turn (tracking multiple revolutions) variants, with resolution ranging from 8-bit to over 24-bit depending on application requirements.
• Broadcom Inc. (U.S.)
• ams OSRAM (Austria)
• New Japan Radio Co., Ltd. (Japan)
• TE Connectivity Ltd. (Switzerland)
• IC-Haus GmbH (Germany)
By Type:
• The market is segmented based on type into:
• Single-turn Encoders
• Multi-turn Encoders
• The market is segmented based on application into:
• Industrial Automation
• Motors
• Medical Equipment
• Consumer Electronics
• Semiconductor Equipment
