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The adoption of e-compass sensors in the consumer electronics products such as tablets, smartphones, and wearables would drive the e-compass market in the forecast period.
and Technology Forecast to 2017-2022
E-compass is a sensor present in today’s smartphones. The e-compass sensor
acts as a real compass and is helpful in some games as well. The adoption of e-
compass sensors in the consumer electronics products such as tablets,
smartphones, and wearables would drive the e-compass market in the forecast
E-compass is a sensor present in today’s smartphones. The e-compass sensor acts as a real compass
and is helpful in some games as well. The adoption of e-compass sensors in the consumer electronics
products such as tablets, smartphones, and wearables would drive the e-compass market in the
forecast period. The e-compass sensors are a ready fit to the navigation systems installed in the
portable electronic products. The reduction 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 the coming
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The major restraint for e-compass is the presence of GPS technology as a substitute for the similar
applications related with navigation. A Large number of equipment these days has 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. The
increasing demand for wearable electronics such as smart watches, fitness, and sports trackers has
created a huge demand for e-compass market. The GPS-based navigation technologies are able to
provide a precise location only when they are in a range of GPS signals. However, the tilt compensated
e-compasses do not rely on the GPS signals and continue to provide the right direction even in the
absence of a GPS signal, thereby rendering them extremely useful specifically for applications such as
outdoor recreational sports.
The market for magneto resistive technology-based e-compass sensors is expected to grow at the
highest rate during the forecast period. The compact structure of the device and the miniaturization
capacity of the technology have 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 varies at a fast rate. These features have promoted the utilization of magneto resistive
sensors across various applications. The global e-compass market is segmented on the basis of
technology, application, sensor type, and geography. Based on Technology, the global e-compass
market is segmented into Hall Effect, Fluxgate, Magneto resistive, and so on. The Hall Effect-based e-
compass is expected to hold the largest market share and dominate the e-compass market during the
forecast period, owing to their increasing adoption within consumer electronics market, which
requires low cost e-compass and compact sensors in devices such as tablet computers, smartphones,
gaming consoles, and so on.
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On the basis of Application, the global e-compass market is segmented into aerospace & defense,
consumer electronics, marine, automotive, surveying and so on. The “consumer electronics”
application is expected to hold the largest market share and dominate the e-compass market during
the forecast period. The increasing penetration of wearable electronics and usage of navigation-based
mobile applications are creating a huge demand for e-compasses within the consumer electronics
segment. On the basis of Sensor Type, the global e-compass market is segmented into 1 & 2-axis, 3-
axis, 6-axis, 9-axis, and so on. On the basis of Geography, the global e-compass market is segmented
into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The Asia Pacific region is expected to hold the largest market share and dominate the e-compass
market during the forecast period. The high growth and the large market can be attributed to the
virtual monopoly of Asia Pacific in the production of consumer electronics. The key players of global
e-compass market are STMicroelectronics, mCube Inc., MagnaChip semiconductor, Aichi Steel
Corporation, Asahi Kasei Microdevices Corporation, Bosch Sensortec GmbH, Honeywell International
Inc., NXP Semiconductors N.V., MEMSIC, Inc., Ocean Server Technology Inc., PNI Sensors Corporation,
TrueNorth Technologies, and InvenSense Inc.
Geographically, this report is segmented into several key Regions, with production, consumption,
revenue (million USD), market share and growth rate of E-Compass in these regions, from 2012 to
2022 (forecast), covering
• United States
• South Korea
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Global E-Compass market competition by top manufacturers, with production, price, revenue
(value) and market share for each manufacturer; the top players including
• Honeywell International
• NXP Semiconductors
• Asahi Kasei Microdevices Corporation
• Bosch Sensortec GmbH
• ST Microelectronics
• Magnachip Semiconductor
• Invensense Inc.
• Oceanserver Technologies
• PNI Sensors Corporation
• Truenorth Technologies Ltd
• MCube Inc
On the basis of product, this report displays the production, revenue, price, market share and
growth rate of each type, primarily split into
• Plane E-Compass
• Three Dimensional E-Compass
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On the basis on the end users/applications, this report focuses on the status and outlook for
major applications/end users, consumption (sales), market share and growth rate of E-Compass
for each application, including
• Aerospace & Defense
• Consumer Electronics
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