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...