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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

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Date: 03-Nov-2016
No. of pages: 157
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“The adoption of e-compass sensors in the consumer electronics products such as smart phones, tablets and wearable would drive the e-compass market.”

Thee-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.

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.

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

The market for magneto resistive 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 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 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 manufacturers 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 sub segments 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:


  • Aichi Steel Corporation (Japan)

  • Asahi Kasei Micro devices Corporation (Japan)

  • Bosch Sensortec GmbH (Germany)

  • Honeywell International Inc. (U.S.)

  • NXP Semiconductors N.V. (Netherlands)

  • MEMSIC, Inc. (U.S.)

  • Ocean Server Technology, Inc. (U.S.)

  • PNI Sensors Corporation (U.S.)

  • STMicroelectronics (Switzerland)

  • TrueNorth Technologies (U.S.)

  • Magnachip Semiconductor (South Korea)

  • Invensense Inc. (U.S.)

  • 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:


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

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

  • These 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.

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

Table of Contents

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 Market
4.3 E-Compass Market, By Application
4.4 Market, By Technology
4.5 Market, By Sensor Type
4.6 Market, By Geography

5 Market Overview
5.1 Key Insights
5.2 Introduction
5.3 Market Definition
5.3.1 E-Compass Market, By Technology
5.3.2 Market, By Application
5.3.3 Market, By Sensor Type
5.3.4 Market By Geography
5.4 Recent Trends
5.5 Market Dynamics
5.5.1 Drivers
5.5.1.1 Adoption of E-Compass Sensors in Consumer Electronics
5.5.1.2 Growth of the Wearable Devices Market
5.5.1.3 Use of E-Compasses in Uavs and Auvs
5.5.2 Restraints
5.5.2.1 Widespread Usage of Gps Technology
5.5.2.2 Changing Geomagnetic Maps
5.5.3 Opportunities
5.5.3.1 Upcoming Autonomous Cars Market
5.5.3.2 Potential Use in Augmented Reality and Gaming Applications
5.5.4 Challenges
5.5.4.1 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 Technology
7.5 Others

8 E-Compass Market, By Application
8.1 Introduction
8.2 Consumer Electronics Application
8.3 Aerospace & Defense Application
8.4 Automotive Application
8.5 Marine
8.6 Surveying Application
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
12.1 Introduction
12.2 Aichi Steel Corporation
12.2.1 Business Overview
12.2.2 Products Offered
12.2.3 Recent Developments
12.2.4  MnM View
12.2.4.1 SWOT Analysis
12.3 Honeywell International Inc.
12.3.1 Business Overview
12.3.2 Products Offered
12.3.3 Recent Developments
12.3.4 MnM View
12.3.4.1 SWOT Analysis
12.4 NXP Semiconductors N.V.
12.4.1 Company Overview
12.4.2 Products Offered
12.4.3 Recent Developments
12.4.4 MnM View
12.4.4.1 SWOT Analysis
12.5 Asahi Kasei Microdevices Corporation
12.5.1 Business Overview
12.5.2 Products Offered
12.5.3 Recent Developments
12.5.4 MnM View
12.5.4.1 SWOT Analysis
12.6 Bosch Sensortec GmbH
12.6.1 Business Overview
12.6.2 Products Offered
12.6.3 Recent Developments
12.6.4 MnM View
12.6.4.1 SWOT Analysis
12.7 ST Microelectronics N.V.
12.7.1 Business Overview
12.7.2 Products Offered
12.7.3 Recent Developments
12.7.4 MnM View
12.8 Magnachip Semiconductor
12.8.1 Business Overview
12.8.2 Products Offered
12.8.3 Recent Developments
12.8.4 MnM View
12.9 Invensense Inc.
12.9.1 Business Overview
12.9.2 Products Offered
12.9.3 Recent Developments
12.9.4 MnM View
12.10 MEMSIC Inc.
12.10.1 Business Overview
12.10.2 Products Offered
12.10.3 Recent Developments
12.10.4 MnM View
12.11 Oceanserver Technologies Inc.
12.11.1 Business Overview
12.11.2 Products Offered
12.11.3 Recent Developments
12.11.4 MnM View
12.12 PNI Sensors Corporation
12.12.1 Business Overview
12.12.2 Products Offered
12.12.3 Recent Developments
12.12.4 MnM View
12.13 Truenorth Technologies Ltd.
12.13.1 Business Overview
12.13.2 Products Offered
12.13.3 Recent Developments
12.13.4 MnM View
12.14 MCube Inc.
12.14.1 Business Overview
12.14.2 Products Offered
12.14.3 Recent Developments
12.14.4 MnM View

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide

List of Tables

Table 1 E-Compass Market, By Technology, 2013–2022 (USD Million)
Table 2 Market, By Technology, 2013–2022 (Million Units)
Table 3 E-Compass Market for Fluxgate Technology, By Application, 2013–2022 (USD Million)
Table 4 Market for Fluxgate Technology, By Industry, 2013–2022 (Thousand Units)
Table 5 Market for Hall Effect Technology, By Application, 2013–2022 (USD Million)
Table 6 Market for Hall Effect Technology, By Application, 2013–2022 (Thousand Units)
Table 7 Market for Magnetoresistive Technology, By Application, 2013–2022 (USD Million)
Table 8 Market for Magnetoresistive Technology, By Application, 2013–2022 (Thousand Units)
Table 9 Market for Other Technologies, By Application, 2013–2022 (USD Million)
Table 10 Market for Other Technologies, By Application, 2013–2022 (Thousand Units)
Table 11 Market, By Application, 2013–2022 (USD Million)
Table 12 Market, By Application, 2013–2022 (Million Units)
Table 13 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 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 Market for Consumer Electronics Application, By Sensor Type, 2013–2022 (USD Million)
Table 18 Market for Consumer Electronics Application, By Region, 2013–2022 (USD Million)
Table 19 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 Market for Aerospace & Defense Industry, By Technology 2013–2022 (Thousand Units)
Table 22 Market for Aerospace & Defense Application, By Sensor Type, 2013–2022 (USD Million)
Table 23 Market for Aerospace & Defense Application, By Geography, 2013–2022 (USD Million)
Table 24 Market for Aerospace & Defense Application, By Region, 2013–2022 (Thousand Units)
Table 25 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 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 Market for Automotive Application, By Region, 2013–2022 (Million Units)
Table 30 Market for Marine Application, By Technology, 2013–2022 (USD Million)
Table 31 Market for Marine Application, By Technology, 2013–2022 (Thousand Units)
Table 32 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 Market for Marine Application, By Region, 2013–2022 (Thousand Units)
Table 35 Market for Surveying Application, By Technology, 2013–2022 (USD Million)
Table 36 Market for Surveying Application, By Technology, 2013–2022 (Thousand Units)
Table 37 Market for Surveying Application, By Sensor Type, 2013–2022 (USD Million)
Table 38 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 Market for Other Applications, By Technology, 2013–2022 (USD Thousand)
Table 41 Market for Other Application, By Technology, 2013–2022 (Thousand Units)
Table 42 Market for Other Applications, By Sensor Type, 2013–2022 (USD Thousand)
Table 43 Market for Other Applications, By Region, 2013–2022 (USD Thousand)
Table 44 Market for Other Applications, By Region, 2013–2022 (Thousand Units)
Table 45 Market, By Sensor Type, 2013–2022 (USD Million)
Table 46 Market for 1-& 2-Axis Sensor, By Application, 2013–2022, (USD Million)
Table 47 Market for 3-Axis Sensors, By Application, 2013–2022, (USD Million)
Table 48 Market for 6-Axis Sensors, By Application, 2013–2022, (USD Million)
Table 49 Market for 9-Axis Sensors, By Application, 2013–2022, (USD Million)
Table 50 Market, By Region, 2013–2022 (USD Million)
Table 51 Market, By Region, 2013–2022 (Million Units)
Table 52 Market in North America, By Application, 2013–2022 (USD Million)
Table 53 Market in North America, By Application, 2013–2022 (Thousand Units)
Table 54 Market in North America, By Country, 2013–2022 (USD Million)
Table 55 Market in Europe, By Application, 2013–2022 (USD Million)
Table 56 Market in Europe, By Application, 2013–2022 (Thousand Units)
Table 57 Market in Europe, By Country, 2013–2022 (USD Million)
Table 58 Market in APAC, By Application, 2013–2022 (USD Million)
Table 59 Market in APAC, By Application, 2013–2022 (Thousand Units)
Table 60 E-Compass Market in APAC, By Country, 2013–2022 (USD Million)
Table 61 Market in RoW, By Application, 2013–2022 (USD Million)
Table 62 Market in RoW, By Application, 2013–2022 (Thousand Units)
Table 63 Market in RoW, By Region, 2013–2022 (USD Million)
Table 64 Ranking in the 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 2015-16

List of Figures

Figure 1 E-Compass Market Segmentation
Figure 2 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 Global Ecompass Market (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 Expected to Hold the Largest Market Size, in Terms of Value and Volume, By 2022
Figure 9 6-Axis E-Compass 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 Market Owing to the Applications in Consumer Electronics and Automotive Sector During the Forecast Period
Figure 12 APAC Was A Dominant Market in 2015
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 Market During the Forecast Period
Figure 17 Drivers, Restraints, Opportunities, and Challenges in EMarket
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 Market (2015)
Figure 21 Porter’s Five Forces Impact Analysis for E-Compass Market (2015)
Figure 22 Bargaining Power of Suppliers Impact on Market (2015)
Figure 23 Bargaining Power of Buyers, Impact on Market (2015)
Figure 24 Threat of New Entrants Impact on Market (2015)
Figure 25 Threat of Substitutes Impact on E-Compass Market (2015)
Figure 26 Degree of Competition, Impact on Market (2015)
Figure 27 E-Compass Market, By Technology
Figure 28 Magnetoresistive Technology Based E-Compass Shipments are 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 to Grow at the Highest Rate in the 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 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 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 Market for Marine Applications, in Tems of Volume, During the Forecast Period
Figure 38 APAC to Grow at the Highest Rate in the Market for Marine Application, in Terms of Volume, 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 Market for Other Applications to Grow at the Highest Rate During the Forecast Period
Figure 41 Market, By Sensor Type
Figure 42 1-& 2-Axis Sensors to Grow at the Highest Rate in the Market for Sensor Type During the Forecast Period
Figure 43 E-Compass Market, By Geography
Figure 44 Asia-Pacific Region Will Continue to Dominate the E-Compass Market
Figure 45 APAC to Dominate the Market During the Forecast Period
Figure 46 North America: Geographic Snapshot
Figure 47 Europe: Geographic Snapshot
Figure 48 APAC; Geographic Snapshot
Figure 49 Rest of the World: Geographic Snapshot
Figure 50 Companies Adopted Product Innovation as the Key Growth Strategy
Figure 51 Market Evolution Framework : New Product Launches Dominated the Growth Between 2013 and 2015
Figure 52 Battle for Market Share: New Product Launch Was the Key Strategy Adopted Between 2013 and 2015
Figure 53 Geographic Revenue  Mix of Major Market Players
Figure 54 Aichi Steel Corporation: Company Snapshot
Figure 55 Honeywell International Inc: Company Snapshot
Figure 56 NXP Semiconductors: Company Snapshot
Figure 57 ST Microelectronics: Company Snapshot
Figure 58 Magnachip Semiconductors: Company Snapshot
Figure 59 Invensense Inc: Company Snapshot

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