eCompass Market
eCompass Market Analysis by Hall-effect, Fluxgate, and Magnetoresistive for Consumer Electronics, Aerospace & Defense, Automotive, Marine, and Surveying from 2023 to 2033
Analysis of E-compass Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
E-compass Market Outlook (2023 to 2033)
The global eCompass market is valued at US$ 2.6 billion in 2023 and is projected to reach US$ 11.9 billion by the end of 2033.
This huge jump in market valuation is because worldwide sales of electronic compasses are predicted to increase at a high-value CAGR of 16.5% over the next 10 years.
A magnetic field's direction and strength can be determined using an e-compass or eCompass, an electric device. To improve its global positioning capabilities, eCompass technology has been integrated into a majority of mobile devices. It is widely utilised in various applications, including surveying, travel, aerospace & military, and others, for navigational purposes.
Rising demand for consumer electronics such as smartphones, computers, laptops, and smart wearable technologies can be directly linked to the growth of the eCompass market. Consumer electronics are in more demand as a result of factors such as quick urbanization, increasing spending power, economic globalization, and shifting consumer lifestyles.
Demand for eCompass is expanding as more and more high-tech eCompass sensors, namely high grade 1 and grade 2 axis eCompass sensors, are being used in the aviation, defense, marine, and aerospace industries. Significant research and development as well as the ongoing requirement for better equipment improvements can be credited for the quick adoption of eCompass sensors in the aforementioned sectors.
Based on technology, eCompass tech is segmented into hall-effect, fluxgate, and magnetoresistive.
- Sales of hall-effect-based eCompasses are expected to surge at a CAGR of 17.5% from 2023 to 2033. This is primarily due to their cost-effectiveness.
A hall sensor is a sensor that uses the hall-effect to measure the magnetic flux density and outputs a voltage proportional to the magnetic flux density. It is simple to use and is commonly used in contactless switch applications such as laptops and computers.
| Report Attributes | Details |
|---|---|
| Market Size (2023E) | US$ 2.6 Billion |
| Forecasted Market Value (2033F) | US$ 11.9 Billion |
| Global Market Growth Rate (2023 to 2033) | 16.5% CAGR |
| China Market Growth Rate (2023 to 2033) | 21% CAGR |
| Japan Market Growth Rate (2023 to 2033) | 12% CAGR |
| Germany Market Growth Rate (2023 to 2033) | 13% CAGR |
| Canada Market Growth Rate (2023 to 2033) | 14.5% CAGR |
| Key Companies Profiled | Aichi Steel Corporation; Asahi Kasei Microdevices Corporation; Bosch Sensortec GmbH; Honeywell International Inc.; Invensense Inc.; Magnachip Semiconductor; Mcube Inc.; Memsic Inc.; NXP Semiconductors N.V.; Oceanserver Technologies Inc.; PNI Sensors Corporation; ST Microelectronics N.V.; Truenorth Technologies Ltd. |
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Which Dynamics are Expected to Generate Growth Opportunities in the eCompass Market?
“Rapidly Growing Travel & Tourism Sector”
The rapidly developing travel & tourism field is boosting the demand for electronic compasses. The availability of various attractions (also known as points of interest, or POIs), plus the complexity of urban public transportation systems make tour planning a difficult process for anyone travelling to unknown tourist locations.
Several online and mobile tourist city guides already offer individualised tour suggestions. Nevertheless, they only take into account walking tours, which compromises the perception of the proposed tours' overall attractiveness by failing to encourage travellers to take public transportation to reach far essential POIs.
The only commercial or research-based tour planner that helps travellers navigate public transportation is eCompass. To derive near-optimal sequencing of POIs along suggested tours and reduce waiting times at transit stations, eCompass integrates multimodality into its routing logic. This goes well beyond simply providing directional assistance.
By allowing users to specify arbitrary start/end locations rather than selecting from a predetermined list of places, eCompass advances the state of the art. eCompass can also help to plan lunch breaks at economical restaurants that are ideally situated along the suggested tours.
The implementation of the aforementioned distinctive features of eCompass is based on modelling and resolving a challenging optimization problem that takes into consideration a sizable number of variables and restrictions.
“Increasing Use of eCompass Sensors in Vehicles for Navigation Purposes”
Around 2,000 years have passed since the invention of magnetic sensors. Early applications focused on navigation or direction finding. Although numerous new applications have emerged where magnetic sensors are still used as a fundamental form of navigation today.
Demand for greater sensitivity, lower size, and compatibility with electronic systems has propelled advancements in magnetic field sensor technologies. Anisotropic magnetoresistive (AMR) sensors are integrated circuit-based magnetic sensor that is designed for usage in the earth's magnetic field. The emphasis is on applications for AMR magnetic sensors.
The fact that monitoring magnetic fields is typically not the main goal makes employing magnetic sensors distinctive. Typically, a secondary parameter is desired, such as wheel speed, magnetic ink presence, vehicle detection, or heading estimation. eCompass in vehicles aids in direction detection with the help of magnetoresistive e-compass sensors.
A permanent magnet that follows the magnetic field of the earth is included in an electronic compass for vehicles such as cars, together with four hall-effect sensors that detect the orientation of the magnet at positions that correspond to the cardinal compass points.
Nowadays, several navigation systems have been designed to provide drivers with the necessary information, such as the location of their car, the direction they should be going, and their final destination. Such navigation systems usually include an electronic compass as a part of their design.
Which Challenges Should Manufacturers of eCompass Technologies Focus On?
“High Cost of Advanced Technologies in This Space”
Leading companies are developing advanced e-compass sensors, according to need and demand from end-use sectors. The advancements in technologies are increasing the costs. This aspect may hamper sales of eCompass technologies.
Also, accuracy and calibration plays important role in the development of technologies. Thus, errors in technologies may slower sales growth.
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Country-wise Analysis
How is Demand for eCompasses Progressing in the United States?
“Emergence of Smart Devices with eCompass Technologies to Aid Travellers”
- According to the World Travel & Tourism Council (WTTC) 2022 report, the United States is considered to be the world’s biggest travel and tourism market.
Navigation plays an important role in finding the desired location, compared to manual navigation systems, electronic navigation systems are more advanced and accurate. Advancements in eCompass technologies are boosting their demand. Smartphones, smart wearable devices, or laptops are built with advanced navigation technologies. They help travellers to reach their destination without any issues.
The travel and tourism market of the United States is expected to increase at a rapid pace, which subsequently is driving demand for smart devices with advanced navigation systems such as eCompass. Thus, sales of eCompass technologies in the United States are expected to expand at a healthy pace during the forecast period.
Which Aspects are Increasing the Sales of eCompass Sensors in Germany?
“High Implementation of eCompass Sensors in Vehicles”
The market for electric vehicles in Germany is expected to progress at a rapid pace during the next 10 years. Long-term market growth for high-performance electric vehicles is anticipated to be fueled by rising environmental consciousness, declining maintenance and operating expenses, and increasing government and environmental agency measures to promote the use of electric vehicles.
- By 2030, 15 million electric vehicles are anticipated to be on German roads.
The German Federal Government aggressively promotes the usage of plug-in electric vehicles. This rapidly developing electric vehicle market is boosting demand for electronic sensor technologies. Demand for eCompass systems in Germany is predicted to evolve at a CAGR of 13% during the forecast period.
- August 2022: In advance of the IAA Transportation 2022, the Commercial Vehicle Solutions (CVS) branch of ZF Friedrichshafen AG (ZF) introduced the most recent eMobility technology. Modern control technologies are combined with a completely electric propulsion system to reimagine the dynamic, nimble, and precise mix that makes BMW M vehicles stand out as high-performance sports cars.
Why are Japan & South Korea Exhibiting High Demand for eCompass Technologies?
“Rapid Technological Advancements in Aerospace & Defense Sectors”
The rapidly advancing aerospace and military sectors in Japan and South Korea are expected to boost the demand for electronic sensor technologies. Sales of eCompasses in Japan are expected to rise at a CAGR of 12% during the next 10 years.
- With a total military budget of US$ 47.6 billion in 2019, Japan ranks tenth globally. For the fiscal year 2020, Japan spent US$ 48.8 billion on defense. The country has also declared its intention to spend over US$ 242.7 billion on defense over the next five years.
Japan is currently playing a crucial part in the development of various aircraft families, such as the B777X, B777, and B787. Also, Japanese businesses are actively involved in providing engineering services for the development and MRO of aviation engines, including the V2500, GE9X, Trent1000, GEnx, PW1100G-JM, etc.
Several engineering test satellites, marine and land observation satellites, telecommunications, broadcasting, global navigation satellites, and weather satellites including the HIMAWARI 8 and 9 have all been developed in part by Japanese companies.
North Korea's nuclear and other weapons of mass destruction pose a growing security danger to South Korea, creating an extremely tense security climate. To implement its defense reform plans and recover operational control (OPCON) of South Korean forces from the United States in times of conflict, the government must acquire the necessary skills.
- Aiming to improve military capabilities needed to respond to the nation's dynamic security environment, Defense Reform 2.0 was unveiled in 2018.
- S. Korea is currently aiming to gain ground in the global space race and has plans to spend KRW 16 trillion (US$ 13.6 billion) during the next ten years to improve its space defense capabilities. This sum comprises KRW 1.6 trillion for the development of military satellite core technology.
Category-wise Analysis
Which Sector Widely Uses eCompass Sensors?
“High Use of eCompass Technologies in Consumer Electronic Devices”
Consumer electronics, aerospace & defense, automotive, marine, and surveying are some of the applications where eCompass is used. Demand for eCompass technologies from the consumer electronics sector is predicted to increase at a rapid pace during the projected period. This can be attributed to the rising popularity of consumer electronics that use e-compass systems.
High-grade e-compass sensors are necessary for the functioning of the aerospace & military, aviation, and marine sectors; consequently, the worldwide e-compass market is increasing due to the rising investment in research and development in these industries.
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Competitive Landscape
According to Fact.MR, a market research and competitive intelligence provider, key players in the eCompass market are developing advanced eCompass sensors to earn more profits. Mergers, partnerships, acquisitions, and regional expansion are some of the marketing tactics adopted by leading companies in the eCompass market.
- Bosch improved its knowledge of MEMS (micro-electro-mechanical systems) micro narrators in April 2019 and strengthened its position as a market leader in sensing keys for consumer devices with this achievement.
- Honeywell purchased US Digital Designs, Inc. in December 2021. The improvement and expansion of public safety, communications with first responders, physical processes elimination, and accelerated emergency reaction times were predicted benefits of these integrated services.
Key Segments Covered in eCompass Industry Research
-
By Technology :
- Hall-effect
- Fluxgate
- Magnetoresistive
-
By Type :
- 1 & 2 Axis
- 3 Axis
- 6 Axis
- 9 Axis
-
By Application :
- Consumer Electronics
- Aerospace & Defense
- Automotive
- Marine
- Surveying
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Technology
- 6.1 Hall-effect
- 6.2 Fluxgate
- 6.3 Magnetoresistive
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type
- 7.1 1 & 2 Axis
- 7.2 3 Axis
- 7.3 6 Axis
- 7.4 9 Axis
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 8.1 Consumer Electronics
- 8.2 Aerospace & Defense
- 8.3 Automotive
- 8.4 Marine
- 8.5 Surveying
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 9.1 North America
- 9.2 Latin America
- 9.3 Europe
- 9.4 East Asia
- 9.5 South Asia & Oceania
- 9.6 Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1 Aichi Steel Corporation
- 17.2 Asahi Kasei Microdevices Corporation
- 17.3 Bosch Sensortec GmbH
- 17.4 Honeywell International Inc.
- 17.5 Invensense Inc.
- 17.6 Magnachip Semiconductor
- 17.7 Mcube Inc.
- 17.8 Memsic Inc.
- 17.9 NXP Semiconductors N.V.
- 17.10 Oceanserver Technologies Inc.
- 17.11 PNI Sensors Corporation
- 17.12 ST Microelectronics N.V.
- 17.13 Truenorth Technologies Ltd.
- 18. Assumptions And Acronyms Used
- 19. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 02: Global Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 04: Global Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 05: Global Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 07: Global Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 08: Global Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2022
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2023 to 2033
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2023 to 2033
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 16: North America Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 17: North America Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 19: North America Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 20: North America Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 22: North America Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 23: North America Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 28: Latin America Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 29: Latin America Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 31: Latin America Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 32: Latin America Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 34: Latin America Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 35: Latin America Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 40: Europe Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 41: Europe Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 43: Europe Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 44: Europe Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 46: Europe Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 47: Europe Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 52: East Asia Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 53: East Asia Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 55: East Asia Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 56: East Asia Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 58: East Asia Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 59: East Asia Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 76: MEA Market Value (US$ Mn) Analysis, by Technology, 2018 to 2022
Table 77: MEA Market Value (US$ Mn) Analysis, by Technology, 2023 to 2033
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Technology, 2023 to 2033
Table 79: MEA Market Value (US$ Mn) Analysis, by Type, 2018 to 2022
Table 80: MEA Market Value (US$ Mn) Analysis, by Type, 2023 to 2033
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2023 to 2033
Table 82: MEA Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 83: MEA Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 04: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 05: Global Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 06: Global Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 07: Global Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 08: Global Market Share and BPS Analysis by Type, 2023 & 2033
Figure 09: Global Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share and BPS Analysis by Application, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2033
Figure 20: North America Market Incremental $ Opportunity, 2023 to 2033
Figure 21: North America Market Share Analysis by Country, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 24: North America Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 25: North America Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis by Type, 2023 & 2033
Figure 28: North America Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 30: North America Market Share and BPS Analysis by Application, 2023 & 2033
Figure 31: North America Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 36: Latin America Market Incremental $ Opportunity, 2023 to 2033
Figure 37: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Latin America Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis by Type, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 46: Latin America Market Share and BPS Analysis by Application, 2023 & 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 52: Europe Market Incremental $ Opportunity, 2023 to 2033
Figure 53: Europe Market Share Analysis by Country, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 56: Europe Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 59: Europe Market Share and BPS Analysis by Type, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 62: Europe Market Share and BPS Analysis by Application, 2023 & 2033
Figure 63: Europe Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 68: East Asia Market Incremental $ Opportunity, 2023 to 2033
Figure 69: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 72: East Asia Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 75: East Asia Market Share and BPS Analysis by Type, 2023 & 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 78: East Asia Market Share and BPS Analysis by Application, 2023 & 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Type, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 94: South Asia & Oceania Market Share and BPS Analysis by Application, 2023 & 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 100: MEA Market Incremental $ Opportunity, 2023 to 2033
Figure 101: MEA Market Share Analysis by Country, 2023 & 2033
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 104: MEA Market Share and BPS Analysis by Technology, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Technology, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Technology, 2023 to 2033
Figure 107: MEA Market Share and BPS Analysis by Type, 2023 & 2033
Figure 108: MEA Market Y-o-Y Growth Projections by Type, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by Type, 2023 to 2033
Figure 110: MEA Market Share and BPS Analysis by Application, 2023 & 2033
Figure 111: MEA Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by Application, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the value of the eCompass market in 2023?
The global eCompass market is valued at US$ 2.6 billion in 2023.
What is the projected market value of eCompass by 2033?
The market for eCompass technology is projected to reach US$ 11.9 billion by 2033.
What is the estimated growth rate of the eCompass market?
Sales of eCompass sensors are forecasted to surge at a CAGR of 16.5% from 2023 to 2033.
What are the key industry trends of the global e-compass market?
Increasing demand for consumer electronics and rising automotive applications are some of the key factors driving the market growth.
Who are the prominent players in the eCompass market?
Leading eCompass manufacturers are Bosch Sensortec GmbH, Honeywell International Inc., and Invensense Inc.
eCompass Market