A digital compass is like its analog counterpart. Both compasses use the Earth’s magnetic field to determine which way is North, and both help bikers, hikers, mapmakers and trail makers know which direction they are heading. The difference is that an analog compass can wobble because of movement and may encounter interference from strong magnetic sources, so inaccuracy is a problem. A digital compass is much more accurate and sturdy, because it will only use the North Pole as a guiding mechanism. Aside from serious hikers and trail makers, the military also uses these compasses for the best accuracy.
Asia Pacific is expected to emerge as a high growth market over the forecast period owing to increasing demand for smartphones. China and India are perceived to behold placid growth in future. Huge demand potential and low labor costs are expected to help China and India emerge as a worldwide hub for digital compass manufacturing industries.
The global Digital Compass market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Digital Compass volume and value at global level, regional level and company level. From a global perspective, this report represents overall Digital Compass market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Digital Compass in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Digital Compass manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Asahi Kasei Microdevices
Bell Automotive Products
BARIGO Barometerfabrik GmbH
Aichi Steel Corporation
Segment by Regions
Segment by Type
Segment by Application