Optical Encoders Global Market Report 2023: Expansion of the Printed Circuit Board Market, the Miniaturization Trend and Increasing Sales of Consumer Electronics Items Driving Growth

June 05, 2023 11:00 AM Eastern Daylight Time DUBLIN–(BUSINESS WIRE)–The “Optical Encoders – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Global Optical Encoders Market to Reach $3.1 Billion by 2026

Optical encoders are electromechanical devices intended to directly convert an angular displacement of input shaft into an analog or digital electric output using a light sources, light detectors and optical grating. These devices are commonly used to monitor and control various parameters like position, direction, speed, distance and rate.