| Product Code: ETC7065742 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of digital compasses to El Salvador in 2024 saw a notable increase in concentration among the top exporting countries, with the USA, China, Germany, Taiwan, and Italy leading the way. Despite a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024, the industry experienced a strong growth spurt in 2024 with a growth rate of 19.63%. The High Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape, suggesting that these key exporting countries are dominating the digital compass market in El Salvador.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador Digital Compass Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Digital Compass Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Digital Compass Market - Industry Life Cycle |
3.4 El Salvador Digital Compass Market - Porter's Five Forces |
3.5 El Salvador Digital Compass Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 El Salvador Digital Compass Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 El Salvador Digital Compass Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
4 El Salvador Digital Compass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for navigation and location-based services |
4.2.2 Rising adoption of smartphones and smart devices |
4.2.3 Growth in the tourism sector leading to higher usage of digital compasses |
4.3 Market Restraints |
4.3.1 High cost of digital compass technology |
4.3.2 Limited awareness and understanding of the benefits of digital compasses among consumers |
4.3.3 Competition from alternative navigation technologies |
5 El Salvador Digital Compass Market Trends |
6 El Salvador Digital Compass Market, By Types |
6.1 El Salvador Digital Compass Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Digital Compass Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 El Salvador Digital Compass Market Revenues & Volume, By Fluxgate, 2021- 2031F |
6.1.4 El Salvador Digital Compass Market Revenues & Volume, By Hall-Effect, 2021- 2031F |
6.1.5 El Salvador Digital Compass Market Revenues & Volume, By Magneto resistive, 2021- 2031F |
6.1.6 El Salvador Digital Compass Market Revenues & Volume, By Others, 2021- 2031F |
6.2 El Salvador Digital Compass Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Digital Compass Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.3 El Salvador Digital Compass Market Revenues & Volume, By Aerospace & Defence, 2021- 2031F |
6.2.4 El Salvador Digital Compass Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 El Salvador Digital Compass Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.6 El Salvador Digital Compass Market Revenues & Volume, By Surveying, 2021- 2031F |
6.2.7 El Salvador Digital Compass Market Revenues & Volume, By Others, 2021- 2031F |
6.3 El Salvador Digital Compass Market, By Sensor Type |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Digital Compass Market Revenues & Volume, By 1 & 2-axis, 2021- 2031F |
6.3.3 El Salvador Digital Compass Market Revenues & Volume, By 3-axis, 2021- 2031F |
6.3.4 El Salvador Digital Compass Market Revenues & Volume, By 6-axis, 2021- 2031F |
6.3.5 El Salvador Digital Compass Market Revenues & Volume, By 9-axis, 2021- 2031F |
7 El Salvador Digital Compass Market Import-Export Trade Statistics |
7.1 El Salvador Digital Compass Market Export to Major Countries |
7.2 El Salvador Digital Compass Market Imports from Major Countries |
8 El Salvador Digital Compass Market Key Performance Indicators |
8.1 Percentage increase in the number of mobile apps integrating digital compass functionality |
8.2 Growth in the number of digital compass-related patents filed in El Salvador |
8.3 Adoption rate of digital compass technology in sectors such as outdoor recreation, transportation, and public safety |
9 El Salvador Digital Compass Market - Opportunity Assessment |
9.1 El Salvador Digital Compass Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 El Salvador Digital Compass Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 El Salvador Digital Compass Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
10 El Salvador Digital Compass Market - Competitive Landscape |
10.1 El Salvador Digital Compass Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Digital Compass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |