Magnetic Encoders Industry (2016-2021) - MarketIntelReports Global Magnetic Encoders Industry Overview | Page 3

Scope and Regional Forecast of the Magnetic Encoders Industry:
In the Magnetic Encoders Industry, there is rise in use of non contact encoders in
many systems, since these offer high life expectancy, accurate information and
better performance. The incremental linear encoder, proximity sensor,
quadrature encoder interface are highly used in various industries for absolute
detection and measurement for different applications.
North America is one of the prominent regions for the Magnetic Encoders
Industry due to the presence of many industries and high demand for the
magnetic and optical encoders. Europe is expected to witness high use of
magnetic encoders in industries, automotive industry and infrastructure
applications.
Asia Pacific has high scope in the Magnetic Encoders Industry owing to the
presence of high population and rise in industrialization in this region. There is
high growth scope for this industry in India, China, Japan and Korea in the
upcoming term. Automotive industry, medical applications and industries are
expected to witness high utilization of the magnetic encoders in future.

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