According to the encoder market research report released by institution, the global encoder market size reached 13.475 billion yuan (RMB) in 2021. Based on the global economic policy situation and market dynamics, the report makes reasonable predictions for the global encoder market from 2021 to 2027. It is expected that the global encoder market size will reach 21.378 billion yuan by 2027, with a compound annual growth rate of 8.00%.
