According to a market report by Lucintel, the future of the
E-Compass market looks promising with opportunities in the consumer electronics, aerospace and defense, automotive, marine, and surveying industries. The E-Compass market is expected to grow with a CAGR of 14% from 2019 to 2024. The major drivers for this market are adoption of E-Compass sensors in consumer electronics, growth of the wearable device market, and use of E-Compasses in UAVs and AUVs.
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https://www.lucintel.com/e-compass-market.aspx and click "report brochure" tab from the menu.
In this market, fluxgate, hall-effect, and magneto resistive are the major technology types. Within the E-Compass market, consumer electronics, aerospace and defense, automotive, marine, and surveying are the major end use industries. 1 & 2-axis, 3-axis, 6-axis, 9-axis are the major sensor types of the E-Compass market.
APAC will remain the largest market over the forecast period.
Aichi Steel, Honeywell International, NXP Semiconductors, Asahi Kasei Microdevices, Bosch Sensortec, ST Microelectronics, Magnachip Semiconductor, TDK, Memsic, Oceanserver Technologies, PNI Sensors Corporation are among the major manufacturers of E-Compass.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the E-Compass market by technology, end use industry, and region. Lucintel has prepared a comprehensive research report entitled
“E-Compass Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the E-Compass market by technology, end use industry, and region as follows:
By Technology [$M shipment analysis for 2013 – 2024]:
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Fluxgate
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Hall-Effect
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Magneto resistive
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Others
By End Use Industry [$M shipment analysis for 2013 – 2024]:
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Consumer Electronics
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Aerospace & Defense
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Automotive
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Marine
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Surveying
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Others
By Region [$M shipment analysis for 2013 – 2024]:
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North America
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United States
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Canada
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Mexico
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Europe
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Asia Pacific
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Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
https://www.lucintel.com/e-compass-market.aspx or
helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis,
opportunity analysis,
growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit
www.lucintel.com.