E-Compass Market

The e-compass has applications across a number of verticals. The portable electronic devices deploy e-compass sensors, primarily as a navigational tool. The huge volume of sales of these devices such as smartphones, tablets, and wearables has driven the market. The development of newer compact and low-power e-compass sensors have more degree of freedom have also incentivized the adoption of these sensors. Some applications such as surveying and aerospace have relied on higher grade e-compass sensors for more reliability.
E-Compass Market contains market size and forecasts of E-Compass in global, including the following market information:
Global E-Compass Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global E-Compass Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five E-Compass companies in 2021 (%)
The global E-Compass market was valued at 11240 million in 2021 and is projected to reach US$ 19580 million by 2028, at a CAGR of 8.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Fluxgate Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of E-Compass include Aichi Steel Corporation, Honeywell International Inc., NXP Semiconductors, Asahi Kasei Microdevices Corporation, Bosch Sensortec GmbH, ST Microelectronics, Magnachip Semiconductor, Invensense Inc. and Memsic Inc., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the E-Compass manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global E-Compass Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global E-Compass Market Segment Percentages, by Type, 2021 (%)
Fluxgate
Hall-Effect
Magneto Resistive
Others
Global E-Compass Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global E-Compass Market Segment Percentages, by Application, 2021 (%)
Consumer Electronics
Aerospace & Defense
Automotive
Marine
Surveying
Others
Global E-Compass Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global E-Compass Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies E-Compass revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies E-Compass revenues share in global market, 2021 (%)
Key companies E-Compass sales in global market, 2017-2022 (Estimated), (K Units)
Key companies E-Compass sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Aichi Steel Corporation
Honeywell International Inc.
NXP Semiconductors
Asahi Kasei Microdevices Corporation
Bosch Sensortec GmbH
ST Microelectronics
Magnachip Semiconductor
Invensense Inc.
Memsic Inc.
Oceanserver Technologies Inc.
PNI Sensors Corporation
Truenorth Technologies Ltd.
Mcube Inc.