Global E-Compass Market: Key Highlights
Global E-Compass Market: Key Market Dynamics
Request Sample PDF Here: https://www.forencisresearch.com/e-compass-market-sample-pdf/
Global E-Compass Market: Regional Overview
The Asia-Pacific is expected to dominate the E-compass market during growth period. High presence of consumer electronics manufacturers and increasing demand from portable electronics market will drive the E-compass market during growth period. China, Japan, Taiwan, and South Korea is expected to drive the market in this region. Xiaomi Corporation, is one of the global brand in smartphone manufacturing started developing smartphones in which electronic compass is included such as MI A3 and Redmi Note 8 Pro.
North America is expected to grow at faster rate during forecast period. Early adoption of market infrastructure, development in portable and wireless electronics market, and presence of technology development players will grow the market in this region. US and Canada will drive the market in this region. In September 2019, the Apple Inc. launched Apple Watch Series 5 with always-on display and built-in compass. The compass is used for showing the current position, incline, latitude, longitude, and current elevation.
Global E-Compass Market: Key Players Overview
NXP Semiconductors is a global semiconductor company which engages in the creating solutions that enable secure connections and infrastructure for a smarter world. NXP focuses on research, development and innovation in its target markets. The company focusing on developing advanced technology in automotive, industrial, mobile, smart home, smart city, and communication infrastructure. The company provide various magnetometer and accelerometer sensors for various industrial applications such as automotive. Moreover, the company also provide e-compass and magnetic calibration software to provide an accurate magnetic compass heading corrected for orientation and hard and soft iron magnetic interference.
ST is a global semiconductor leader engages in the provision of delivering intelligent and energy-efficient products and solutions. The company operates in three business segments such as smart mobility, power and energy, and Internet of things & 5G. the company’s eCompass include combo solutions built around a 3-axis digital accelerometer with a 3-axis digital magnetic sensor in a single LGA package, as well as standalone 3-axis digital magnetic sensors for designing solutions where the magnetic sensor must be located in a specific position on a printed circuit board. In March 2020, the company launched IIS3DWB MSME vibration sensor and supporting STEVAL-STWINKT1 multi-sensor evaluation kit to accelerate development of condition-monitoring systems that boost productivity by inferring equipment maintenance needs. The MEMS technology product portfolio includes accelerometer, eCompass ICs, pressure sensors, and microphones among others.
About Forencis Research
Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of market research reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets.
Our robust research methodology is designed to constantly map the high growth markets in various industries. This facilitates enhanced decision-making capabilities to our clients. Our robust research methodology is designed to constantly map the high growth markets in various industries. This facilitates enhanced decision-making capabilities to our clients. We strive to help our clients to foray into uncharted space to attain increased revenue growth for the present as well as the future.
Phone: +1 (720) 306 9020