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The Global E-Compass Market is accounted for $9321.1 million in 2016 and expected to grow at a CAGR of 15.2% to reach $2521.1 million by 2023NEW YORK, March 21, 2018 /PRNewswire/ -- According to Stratistics MRC, the Global E-Compass Market is accounted for $9321.1 million in 2016 and expected to grow at a CAGR of 15.2% to reach $2521.1 million by 2023. Sensors used in consumer electronics, use of e-compasses in UAVs & AUVs and high demand for mineral explorations across the globe are fostering the market growth. However, widespread use of GPS technology and changing geomagnetic maps are deterring the market growth. Compass for autonomous cars coordination and usage in augmented reality and gaming applications provide lucrative growth opportunity for the market. Some of the key players in the Global E-Compass market are Asahi Kasei Microdevices Corporation, Bosch Sensortec GmbH, Honeywell International, Invensense Inc., Magnachip Semiconductor, MCube Inc, MEMSIC, NXP Semiconductors, Oceanserver Technologies, PNI Sensors Corporation, ST Microelectronics and Truenorth Technologies Ltd. Sensors Covered: • 1-Axis and 2-Axis Sensors • 3-Axis Sensors • 6-Axis Sensors • 9-Axis Sensors Technologies Covered: • Magneto resistive • Hall Effect • Fluxgate • Other Technologies Products Covered: • Plane E-Compass • Three Dimensional E-Compass Applications Covered: • Aerospace & Defense • Automotive • Consumer Electronics • Marine • Surveying • Other Applications Regions Covered: • North America o US o Canada o Mexico • Europe o Germany o UK o Italy o France o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific • South America o Argentina o Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa o Rest of Middle East & Africa What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Read the full report: https://www.reportlinker.com/p04519489 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-global-e-compass-market-is-accounted-for-93211-million-in-2016-and-expected-to-grow-at-a-cagr-of-152-to-reach-25211-million-by-2023-300617615.html SOURCE Reportlinker |