E-Compass Market Report: Trends, Forecast and Competitive Analysis


Posted November 20, 2019 by nik11421verma

Trends, opportunities and forecast in E-compass market to 2024 by technology (fluxgate, hall-effect, and magneto resistive),

 
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.
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 [$M shipment analysis for 2013 – 2024]:
• Fluxgate
• Hall-Effect
• Magneto resistive
• Others
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Consumer Electronics
• Aerospace & Defense
• Automotive
• Marine
• Surveying
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– Germany
– UK
– Italy
• Asia Pacific
– China
– Japan
– India
• Rest of the World

A more than 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 visit us at [email protected].
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 industry. For further information, visit www.lucintel.com.
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the E-Compass market by technology (fluxgate, hall-effect, and magneto resistive), by end use industry (consumer electronics, aerospace & defense, automotive, marine, and surveying), and by region (North America, Europe, APAC, ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the E-Compass market?
Q.5 What are the business risks and threats to the E-Compass market?
Q.6 What are emerging trends in this E-Compass market and the reasons behind them?
Q.7 What are some changing demands of customers in the E-Compass market?
Q.8 What are the new developments in the E-Compass market? Which companies are leading these developments?
Q.9 Who are the major players in this E-Compass market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this E-Compass area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this E-Compass market?"
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Issued By Nikhil verma
Phone +1-972-636-5056
Business Address Lucintel, 8951 Cypress Waters Blvd., Suite 160, Dallas, TX 75019
Country United States
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Last Updated November 20, 2019