Incremental Encoders Market - Regional Analysis
North American Market Insights
North America industry is anticipated to dominate majority revenue share of 40% by 2035, backed by the presence of a strong maritime network in the region, a growing number of jobs on ports, as well as the rising economy generated from marine transportation. For instance, as per the 2022 data, ports in the United States support over 13 million jobs, whereas ships move USD 1.5 trillion in and out of the country's ports annually. Also, also 75% of all trade involves some form of marine transportation in the United States.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of incremental encoders is estimated at USD 4.61 billion.
The global incremental encoders market size was more than USD 4.23 billion in 2025 and is anticipated to grow at a CAGR of over 9.9%, reaching USD 10.87 billion revenue by 2035.
North America is predicted to hold a 40% revenue share by 2035, impelled by a robust maritime network, rising port employment, and economic growth from marine transportation.
Key players in the market include British Encoder Products Company, Omron Corporation, Renishaw PLC, Encoders UK LTD, Newall Electronics, Inc., Dynapar Corporation, Fraba B.V., Gurley Precision Instruments Inc., Sensata Technologies Inc.
