E-compass Market Ongoing Trends and Recent Developments | Key Players like: TDK Corporation, Asahi Kasei Microdevices Corporation., MEMSIC, Inc, AICHI STEEL CORPORATION., Honeywell International Inc, NXP Semiconductors, Bosch Sensortec GmbH, STMicroelectr

A recent report published by QMI on E-compass market is a detailed assessment of the most important market dynamics. After carrying out thorough research of E-compass market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for E-compass during the forecast period. It can enable companies investing in E-compass market to change their production and marketing strategies in order to envisage maximum growth.


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E-compass is a small compact device that uses the earth's magnetic field to allow the determination of the user's geographic direction. It is a device with integrated with microelectromechanical systems (MEMS). MEMS is the technology of microscopic devices, particularly those with moving parts, which merges nanoscale into nanoelectromechanical systems (NEMS) and nanotechnology. In most handheld electronic devices, such as watches, tablets, smartphones, and GPS devices, e-compasses are increasingly becoming a universal component. E-compasses provide directional information which enhances the positioning of Global Positioning System (GPS) devices with substantial built-in accuracy. This makes it beneficial in location-based services and various other applications, including industry, construction, personal, military, and transportation.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
1. TDK Corporation
2. Asahi Kasei Microdevices Corporation.
3. MEMSIC, Inc
4. AICHI STEEL CORPORATION.
5. Honeywell International Inc
6. NXP Semiconductors
7. Bosch Sensortec GmbH
8. STMicroelectronics
9. Magnachip Semiconductor
10. PNI Sensor
11. TrueNorth Technology Solutions
12. mCube
13. Garmin Ltd
14. Texas Instruments Incorporated
15. Sparton
16. KuSaBa Engineers Private Limited.
17. BARIGO Barometerfabrik GmbH
18. Koden Electronics Co., Ltd
19. Jewell Instruments LLC
20. Airmar Technology Corp.
21. Navico

Insights about regional distribution of market:
The market has been segmented in major regions to understand the global development and demand patterns of this market. For E-compass market, the segments by region are North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions on the E-compass market.

North America and Western Europe have been dominant players in this market with the presence of major companies which have a strong infrastructure to boost aerospace & defense sector. In addition, some of the major countries like the US, France, UK, and Canada has been global exporters of aerospace & defense technologies due to established research & development centers, and others. Also, some of the major companies operating in E-compass market are headquartered in these regions.

The Asia Pacific region is estimated to register fastest growing E-compass market since some of the major economies like China, India, and South Korea are present in the region. In recent decades, these countries have witnessed strong government spending on defense infrastructure, as well as promoting air transport and space research. During the forecast period, the Middle East region is estimated to be a potential region for E-compass market in the aerospace and defense sector. It is estimated that Eastern Europe will have stable demand during the forecast period. Also, the rest of the world is expected to be an emerging market with increasing demand.

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This report provides:
1) An overview of the global market for E-compass market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global E-compass market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.
The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

Market Segmentation:

By Technology:
o Fluxgate
o Hall Effect
o Magnetoresistive
o Others

By Type:
o 1&2 Axis
o 3 Axis
o 6 Axis
o 9 Axis

By Application:
o Consumer Electronics
o Aerospace & Defense
o Automotive
o Surveying
o Marine
o Others

By Region:
North America E-compass Market
o North America, by Country
o US
o Canada
o Mexico
o North America, by Technology
o North America, by Type
o North America, by Application

Europe E-compass Market
o Europe, by Country
o Germany
o Russia
o UK
o France
o Italy
o Spain
o The Netherlands
o Rest of Europe
o Europe, by Technology
o Europe, by Type
o Europe, by Application

Asia Pacific E-compass Market
o Asia Pacific, by Country
o China
o India
o Japan
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
o Asia Pacific, by Technology
o Asia Pacific, by Type
o Asia Pacific, by Application

Middle East & Africa E-compass Market
o Middle East & Africa, by Country
o UAE
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa
o Middle East & Africa, by Technology
o Middle East & Africa, by Type
o Middle East & Africa, by Application

South America E-compass Market
o South America, by Country
o Brazil
o Argentina
o Colombia
o Rest of South America
o South America, by Technology
o South America, by Type
o South America, by Application

Objectives of this report:
o To estimate market size for e-compass market on regional and global basis.
o To identify major segments in e-compass market and evaluate their market shares and demand.
o To provide a competitive scenario for the e-compass market with major developments observed by key companies in the historic years.
o To evaluate key factors governing the dynamics of e-compass market with their potential gravity during the forecast period.

Reasons to Buy This Report:
o Provides niche insights for decision about every possible segment helping in strategic decision making process.
o Market size estimation of the e-compass market on a regional and global basis.
o A unique research design for market size estimation and forecast.
o Identification of major companies operating in the market with related developments
o Exhaustive scope to cover all the possible segments helping every stakeholder in the e-compass

Customization:
This study is customized to meet your specific requirements:
o By Segment
o By Sub-segment
o By Region/Country
o Product Specific Competitive Analysis

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This release was published on openPR.