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E-Compass Market has been meticulously compiled in the burgeoning data archive to assist value-based investment decisions amongst leading investors and manufacturers eying sustainability in the wake of competition intensity. Multiple industry-specific fragments and sectorial overview of the market have been highly decoded in the report, aligning with reader preferences. Few of the major competitors currently working in the global E-compass market are TDK Corporation, Asahi Kasei Microdevices Corporation., MEMSIC, Inc, AICHI STEEL CORPORATION., Honeywell International Inc, NXP Semiconductors, Bosch Sensortec GmbH, STMicroelectronics, Magnachip Semiconductor, PNI Sensor, TrueNorth Technology Solutions, mCube, Garmin Ltd, Texas Instruments Incorporated, Sparton, KuSaBa Engineers Private Limited., BARIGO Barometerfabrik GmbH, Koden Electronics Co., Ltd., Jewell Instruments, LLC, Airmar Technology Corp., Navico, among others.

Global E-compass market is expected to register a healthy CAGR of 15.7% in the forecast period of 2019-2026. Increasing demand of E-compass in electronic gadgets such as smartphone, tablets, wearable devices and others is a key factor for the growth of this market.

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E-compass is the complete solution for identifying the earth's magnetic field to get the correct directional way for the users. The device uses magnetometer and accelerometer for utilizing the compass which is widely used in smartphones and others. The main purpose of the E-compass is to provide navigation that’s the reason it used in GPS navigation equipment & antenna positioning equipment. The E-compass system plays a vital role in the location-based services and used in several other applications including transportation, military, construction among others.

Market Drivers:

  • Increasing demand of E-compass in electronic gadgets such as smartphone, tablets, wearable devices and others drives the market growth
  • Prevailing usage of E-compass in Uavs and Auvs is another factor uplifting the market growth
  • Rising disposable income and changing lifestyle will also drive the market growth
  • Growing demand for E-compass sensors based on magneto-resistive technology acts as a market driver

Market Restraints:

  • Threat of widely spread GPS technology is hampering the market growth
  • Technical lacking while providing accurate mapping of the geomagnetic maps may hinder the market growth
  • E- Compass problem at providing accuracy and calibration is another factor restricting the market growth

 Table of Content:

  • Market Overview
  • Competition Analysis by Players
  • Company (Top Players) Profiles
  • Global E-Compass Market Size by Type and Application
  • US Market Status and Outlook
  • EU Development Market Status and Outlook
  • Japan Market Development Status and Outlook
  • China Market Status and Outlook
  • India Global E-Compass Market Status and Outlook
  • Southeast Asia Market Status and Outlook
  • Market Forecast by Region, Type, and Application
  • Market Dynamics
  • Market Effect Factor Analysis
  • Research Finding/ Conclusion
  • Appendix

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The Report Highlights

Historic and forecasted E-Compass market size in terms of revenues & unit sales, average selling price, growth rates, and company market shares.

Highlights and compares key application/product categories for growth trends and revenue forecast.

E-Compass Market size, revenue and unit sales according to each region

Cross category comparison – Growth and revenue comparison for product categories, historic and forecast.

E-Compass Market share of top key players

Current trends and recent Developments

Highlights of the report:

  • Comprehensive assessment of all opportunities and risk in the global market.
  • E-Compass Market recent innovations and major events.
  • Detailed study of business strategies for growth of the E-Compass Market leading players.
  • Conclusive study about the growth plot of E-Compass Market for forthcoming years.
  • In-depth understanding of E-Compass Market -particular drivers, constraints and major micro markets.
  • Favourable impression inside vital technological and market latest trends striking the E-Compass Market.

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About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market


Data Bridge Market Research

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