E-Compass Market by Technology (Fluxgate, Hall Effect, Magnetoresistive), Type (1&2 Axis, 3 Axis, 6 Axis, 9 Axis), Application (Consumer Electronics, Aerospace & Defense, Automotive, Surveying, Marine) and Geography - Global Forecast to 2022

  • ID: 3950059
  • Report
  • Region: Global
  • 146 Pages
  • Markets and Markets
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The E-Compass Market Size, in Terms of Value, is Expected to Grow from USD 808.6 Million in 2015 to USD 2187.1 Million By 2022, at a CAGR of 14.57% Between 2016 and 2022

FEATURED COMPANIES

  • Aichi Steel Corporation
  • Bosch Sensortec Gmbh
  • Invensense Inc.
  • Magnachip Semiconductor
  • Mcube Inc.
  • Memsic Inc.
  • MORE

“The adoption of e-compass sensors in the consumer electronics products such as smartphones, tablets and wearables would drive the e-compass market.”

The e-compass sensors are a ready fit to the navigation systems installed in the portable electronic products. The miniaturization of the sensor packages to be efficiently integrated into the portable electronics products has significantly boosted the market growth in the recent times. The growth in consumption of wearable electronic devices would drive the market in coming years. 

The major restraint for e-compass is the presence of GPS technology as a substitute for the similar applications related with navigation. Large number of equipment these days have integrated GPS technology and as GPS technology can also be used as a navigating compass wherever the GPS signals are present, many device makers do not see the need to add additional hardware for e-compass.

“Magnetoresistive technology-based e-compass sensors are readily being adopted across various applications”

The market for magnetoresistive technology-based e-compass sensors is growing at the highest rate during the forecast period. The compact structure of the device and the miniaturization capacity of the tchnology has resulted in increasing adoption in the consumer electronics market. These sensors also provide fast response time which can be helpful in scenarios where the heading of the device vary at a fast rate. These features have promoted the utilization of magneto-resistive sensors across various applications.

APAC market for e-compass sensors to grow at the highest rate during the forecast period. The APAC region is expected to grow at the highest CAGR for e-compass market. A number of major consumer electronics manufactures are based out of the region. Moreover, the demand for directional sensors in consumer electronics is increasing steadily. These factors collude to make APAC a fast growing market for e-compass sensors.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key people. The break-up of profile of primary participants is given below:

  • By Company Type: Tier 1 – 25 %, Tier 2 – 40%, and Tier 3 – 35%
  • By Designation: C-Level Executives – 40% , Directors – 25%, and Others – 35%
  • By Region: APAC – 40%, North America – 30%, Europe – 20%, and RoW – 10%

Most companies have adopted the strategy of marketing new products to grow their market share. Research and development efforts have been carried out to get more compact e-compass sensors targeting the consumer electronics products. A number of companies have tried to strengthen their market position by entering in to agreements with other industry players in the value chain. Apart from these dominant strategies some players have adopted merger and acquisition approach to expand their business in the e-compass market.

The key players in the e-compass market profiled in the report are as follows:

1. Aichi Steel Corporation (Japan)
2. Asahi Kasei Microdevices Corporation (Japan)
3. Bosch Sensortec GmbH (Germany)
4. Honeywell International Inc. (U.S.)
5. NXP Semiconductors N.V.(Netherlands)
6. MEMSIC, Inc. (U.S.)
7. Ocean Server Technology, Inc.(U.S.)
8. PNI Sensors Corporation (U.S.)
9. STMicroelectronics (Switzerland)
10. TrueNorth Technologies (U.S.)
11. Magnachip Semiconductor (South Korea)
12. Invensense Inc. (U.S.)
13. mCube, Inc. (U.S.)

Research Coverage:

The geographic segmentation in the report covers the four major regions of the world, namely, North America, Europe, APAC, and RoW. The technology segment covers the market size for fluxgate, hall-effect, magnetoresistive, and other technology-based e-compass sensors. The application segment covers consumer electronics, aerospace & defense, automotive, marine, surveying and other industries. The e-compass sensor type market segmentation 1-and 2-axis sensors, 3-axis sensors, 6-axis sensors and 9-axis sensors.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market in the following ways:

1. This report segments the e-compass market comprehensively and provides the closest approximations of the overall market size and that of the subsegments across the different verticals and regions.

2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

3. This report would help stakeholders to better understand their competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions in the e-compass market.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aichi Steel Corporation
  • Bosch Sensortec Gmbh
  • Invensense Inc.
  • Magnachip Semiconductor
  • Mcube Inc.
  • Memsic Inc.
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Years Considered in the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumption

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Global E-Compass Market
4.2 Regional And Application Wise Snapshot of E-Compass Market
4.3 E-Compass Market, By Application
4.4 E-Compass Market, By Technology
4.5 E-Compass Market, By Sensor Type
4.6 E-Compass Market, By Geography

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 E-Compass Market, By Technology
5.2.2 E-Compass Market, By Application
5.2.3 E-Compass Market, By Sensor Type
5.2.4 E-Compass Market By Geography
5.3 Recent Trends
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Adoption of E-Compass Sensors in Consumer Electronics
5.4.1.2 Growth of the Wearable Devices Market
5.4.1.3 Use of E-Compasses in Uavs And Auvs
5.4.2 Restraints
5.4.2.1 Widespread Usage of Gps Technology
5.4.2.2 Changing Geomagnetic Maps
5.4.3 Opportunities
5.4.3.1 Upcoming Autonomous Cars Market
5.4.3.2 Potential Use in Augmented Reality And Gaming Applications
5.4.4 Challenges
5.4.4.1 Data Accuracy And Calibration Issues

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’S Five Forces Analysis
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Power of Buyers
6.3.3 Threat of New Entrants
6.3.4 Threat of Substitutes
6.3.5 Degree of Competition

7 E-Compass Market, By Technology
7.1 Introduction
7.2 Fluxgate
7.3 Hall Effect
7.4 Magnetoresistive
7.5 Others

8 E-Compass Market, By Application
8.1 Introduction
8.2 Consumer Electronics
8.3 Aerospace & Defense
8.4 Automotive
8.5 Marine
8.6 Surveying
8.7 Other Applications

9 E-Compass Market, By Sensor Type
9.1 Introduction
9.2 1-Axis And 2-Axis Sensors
9.3 3-Axis Sensors
9.4 6-Axis Sensors
9.5 9-Axis Sensors

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 U.K.
10.3.4 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 Rest of Apac
10.5 Rest of the World
10.5.1 Middle East & Africa
10.5.2 Latin America

11 Competitive Landscape
11.1 Introduction
11.2 Ranking of Market Players, 2015
11.3 Competitive Scenario & Trends
11.3.1 New Product Launches & Contracts
11.3.2 Alliances And Business Expansions
11.3.3 Mergers & Acquisitions

12 Company Profiles
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments) -
12.1 Introduction
12.2 Aichi Steel Corporation
12.3 Honeywell International Inc.
12.4 Nxp Semiconductors N.V.
12.5 Asahi Kasei Microdevices Corporation
12.6 Bosch Sensortec Gmbh
12.7 St Microelectronics N.V.
12.8 Magnachip Semiconductor
12.9 Invensense Inc.
12.10 Memsic Inc.
12.11 Oceanserver Technologies Inc.
12.12 Pni Sensors Corporation
12.13 Truenorth Technologies Ltd.
12.14 Mcube Inc.
  • Details On Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.
13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Introducing Rt: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables:
Table 1 E-Compass Market, By Technology, 2013-2022 (USD Million)
Table 2 E-Compass Market, By Technology, 2013-2022 (Million Units)
Table 3 E-Compass Market for Fluxgate Technology, By Application, 2013-2022 (USD Million)
Table 4 E-Compass Market for Fluxgate Technology, By Application, 2013-2022 (Thousand Units)
Table 5 E-Compass Market for Hall Effect Technology, By Application, 2013-2022 (USD Million)
Table 6 E-Compass Market for Hall Effect Technology, By Application, 2013-2022 (Thousand Units)
Table 7 E-Compass Market for Magnetoresistive Technology, By Application, 2013-2022 (USD Million)
Table 8 E-Compass Market for Magnetoresistive Technology, By Application, 2013-2022 (Thousand Units)
Table 9 E-Compass Market for Other Technologies, By Application, 2013-2022 (USD Million)
Table 10 E-Compass Market for Other Technologies, By Application, 2013-2022 (Thousand Units)
Table 11 E-Compass Market, By Application, 2013-2022 (USD Million)
Table 12 E-Compass Market, By Application, 2013-2022 (Million Units)
Table 13 E-Compass Market for Consumer Electronics Application, By Product Type, 2013-2022 (USD Million)
Table 14 E-Compass Market for Consumer Electronics, By Product Type, 2013-2022 (Million Units)
Table 15 E-Compass Market for Consumer Electronics Application, By Technology 2013-2022 (USD Million)
Table 16 E-Compass Market for Consumer Electronics Application, By Technology 2013-2022 (Million Units)
Table 17 E-Compass Market for Consumer Electronics Application, By Sensor Type, 2013-2022 (USD Million)
Table 18 E-Compass Market for Consumer Electronics Application, By Region, 2013-2022 (USD Million)
Table 19 E-Compass Market for Consumer Electronics Application, By Region, 2013-2022 (Million Units)
Table 20 E-Compass Market for Aerospace & Defense Application, By Technology 2013-2022 (USD Million)
Table 21 E-Compass Market for Aerospace & Defense Industry, By Technology 2013-2022 (Thousand Units)
Table 22 E-Compass Market for Aerospace & Defense Application, By Sensor Type, 2013-2022 (USD Million)
Table 23 E-Compass Market for Aerospace & Defense Application, By Region, 2013-2022 (USD Million)
Table 24 E-Compass Market for Aerospace & Defense Application, By Region, 2013-2022 (Thousand Units)
Table 25 E-Compass Market for Automotive Application, By Technology 2013-2022 (USD Million)
Table 26 E-Compass Market for Automotive Application, By Technology 2013-2022 (Million Units)
Table 27 E-Compass Market for Automotive Application, By Sensor Type, 2013-2022 (USD Million)
Table 28 E-Compass Market for Automotive Application, By Region, 2013-2022 (USD Million)
Table 29 E-Compass Market for Automotive Application, By Region, 2013-2022 (Million Units)
Table 30 E-Compass Market for Marine Application, By Technology, 2013-2022 (USD Million)
Table 31 E-Compass Market for Marine Application, By Technology, 2013-2022 (Thousand Units)
Table 32 E-Compass Market for Marine Application, By Sensor Type, 2013-2022 (USD Million)
Table 33 E-Compass Market for Marine Application, By Region, 2013-2022 (USD Million)
Table 34 E-Compass Market for Marine Application, By Region, 2013-2022 (Thousand Units)
Table 35 E-Compass Market for Surveying Application, By Technology, 2013-2022 (USD Million)
Table 36 E-Compass Market for Surveying Application, By Technology, 2013-2022 (Thousand Units)
Table 37 E-Compass Market for Surveying Application, By Sensor Type, 2013-2022 (USD Million)
Table 38 E-Compass Market for Surveying Application, By Region, 2013-2022 (USD Million)
Table 39 E-Compass Market for Surveying Application, By Region, 2013-2022 (Thousand Units)
Table 40 E-Compass Market for Other Applications, By Technology, 2013-2022 (USD Thousand)
Table 41 E-Compass Market for Other Application, By Technology, 2013-2022 (Thousand Units)
Table 42 E-Compass Market for Other Applications, By Sensor Type, 2013-2022 (USD Thousand)
Table 43 E-Compass Market for Other Applications, By Region, 2013-2022 (USD Thousand)
Table 44 E-Compass Market for Other Applications, By Region, 2013-2022 (Thousand Units)
Table 45 E-Compass Market, By Sensor Type, 2013-2022 (USD Million)
Table 46 E-Compass Market for 1-& 2-Axis Sensor, By Application, 2013-2022, (USD Million)
Table 47 E-Compass Market for 3-Axis Sensors, By Application, 2013-2022, (USD Million)
Table 48 E-Compass Market for 6-Axis Sensors, By Application, 2013-2022, (USD Million)
Table 49 E-Compass Market for 9-Axis Sensors, By Application, 2013-2022, (USD Million)
Table 50 E-Compass Market, By Region, 2013-2022 (USD Million) 

Table 51 E-Compass Market, By Region, 2013-2022 (Million Units)
Table 52 E-Compass Market in North America, By Application, 2013-2022 (USD Million)
Table 53 E-Compass Market in North America, By Application, 2013-2022 (Thousand Units)
Table 54 E-Compass Market in North America, By Country, 2013-2022 (USD Million)
Table 55 E-Compass Market in Europe, By Application, 2013-2022 (USD Million)
Table 56 E-Compass Market in Europe, By Application, 2013-2022 (Thousand Units)
Table 57 E-Compass Market in Europe, By Country, 2013-2022 (USD Million)
Table 58 E-Compass Market in Apac, By Application, 2013-2022 (USD Million)
Table 59 E-Compass Market in Apac, By Application, 2013-2022 (Thousand Units)
Table 60 E-Compass Market in Apac, By Country, 2013-2022 (USD Million)
Table 61 E-Compass Market in Row, By Application, 2013-2022 (USD Million)
Table 62 E-Compass Market in Row, By Application, 2013-2022 (Thousand Units)
Table 63 E-Compass Market in Row, By Region, 2013-2022 (USD Million)
Table 64 Ranking in the E-Compass Market, 2015
Table 65 New Product Launches & Contracts in E-Compass Market, 2016
Table 66 Alliances And Business Expansions in the E-Compass Market 2016
Table 67 Merger & Acquisition in the E-Compass Market 2015

List of Figures:
Figure 1 E-Compass Market Segmentation
Figure 2 E-Compass Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Ecompass Market By, Value And Volume, 2016-2022
Figure 7 Automotive Application Expected to Grow at the Highest Rate in The E-Compass Market During the Forecast Period
Figure 8 Hall Effect-Based E-Compass Market, in Terms of Value And Volume, 2016 Vs 2022
Figure 9 6-Axis E-Compass Market Expected to Hold the Largest Size By 2022
Figure 10 Asia-Pacific Held the Largest Market Share of E-Compass Market in 2015
Figure 11 Lucrative Opportunities in the Global E-Compass Market Owing to The Applications in Consumer Electronics And Automotive Sector During the Forecast Period
Figure 12 Apac Region is the Dominant Market in 2015 And Expected to Grow at The Fastest Rate During the Forecast Period
Figure 13 Consumer Electronics to Remain the Largest Market During The Forecast Period
Figure 14 Magnetoresistive Technology Expected to Exhibit the Highest Growth During the Forecast Period
Figure 15 6-Axis E-Compass to Hold the Largest Size of the E-Compass Market During the Forecast Period
Figure 16 Asia-Pacific to Dominate the E-Compass Market During The Forecast Period
Figure 17 Drivers, Restraints, Opportunities, And Challenges of The E-Compass Market
Figure 18 Expected Growth in the Number of Wearable Units Shipments
Figure 19 Value Chain Analysis of E-Compass Market : Major Value Added By Component Manufacturers And System Integrators
Figure 20 Porter’S Five Forces Analysis for E-Compass Market (2015)
Figure 21 Porter’S Five Forces Impact Analysis for E-Compass Market (2015)
Figure 22 Bargaining Power of Suppliers Impact On E-Compass Market (2015)
Figure 23 Bargaining Power of Buyers, Impact On E-Compass Market (2015)
Figure 24 Threat of New Entrants Impact On E-Compass Market (2015)
Figure 25 Threat of Substitutes Impact On E-Compass Market (2015)
Figure 26 Degree of Competition, Impact On E-Compass Market (2015)
Figure 27 E-Compass Market, By Technology
Figure 28 Magnetoresistive Technology Based E-Compass Shipments Expected to Grow at the Highest Rate During the Forecast Period
Figure 29 Aerospace & Defense Application Expected to Grow at the Highest Rate in the E-Compass Sensors Market for Hall Effect Technology During the Forecast Period
Figure 30 Automotive Application to Grow at the Highest Rate in the E-Compass Market for Magnetoresistive Technology During the Forecast Period
Figure 31 E-Compass Market By Industry Verticals
Figure 32 Automotive Application to Grow at the Highest Rate in the E-Compass Market During the Forecast Period
Figure 33 Wearable Devices Segment of Consumer Electronics Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 34 Apac Region to Dominate the E-Compass Market for Consumer Electronics in 2016
Figure 35 9-Axis Sensor Market for Aerospace & Defense Application to Grow at the Highest Rate During the Forecast Period
Figure 36 Fluxgate Technology Expected to Grow at the Highest Rate in The E-Compass Market for Automotive Application Between 2016 And 2022
Figure 37 Magnetoresistive Technology to Grow at the Highest Rate in The E-Compass Market for Marine Applications During The Forecast Period
Figure 38 Apac to Grow at the Highest Rate in the E-Compass Market for Marine Application During the Forecast Period
Figure 39 9-Axis Sensors Market for Surveying Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 40 Magnetoresistive Technology of the E-Compass Market for Other Applications to Grow at the Highest Rate During the Forecast Period
Figure 41 E-Compass Market, By Sensor Type
Figure 42 1-& 2-Axis Sensors to Grow at the Highest Rate in the E-Compass Market for Sensor Type During the Forecast Period
Figure 43 Asia-Pacific Region Expected to Dominate the E-Compass Market Between 2016 And 2022.
Figure 44 Apac to Dominate the E-Compass Market During the Forecast Period
Figure 45 North America: Geographic Snapshot
Figure 46 Europe: Geographic Snapshot
Figure 47 Apac; Geographic Snapshot
Figure 48 Rest of the World: Geographic Snapshot
Figure 49 Companies Adopted Product Innovation As the Key Growth Strategy
Figure 50 Market Evolution Framework : New Product Launches Dominated The Growth Between 2013 And 2015
Figure 51 Battle for Market Share: New Product Launch Was the Key Strategy Adopted Between 2013 And 2015
Figure 52 Geographic Revenue Mix of Major Market Players
Figure 53 Aichi Steel Corporation: Company Snapshot
Figure 54 Honeywell International Inc: Company Snapshot
Figure 55 Nxp Semiconductors: Company Snapshot
Figure 56 St Microelectronics: Company Snapshot
Figure 57 Magnachip Semiconductors: Company Snapshot
Figure 58 Invensense Inc: Company Snapshot
Note: Product cover images may vary from those shown
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  • 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.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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