| Product Code: ETC4437806 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand import trend for the e-compass market experienced a decline from 2023 to 2024, with a growth rate of -23.34%. The compound annual growth rate (CAGR) for 2020-2024 stood at -10.01%. This negative momentum can be attributed to shifting demand patterns or changes in market dynamics impacting import volumes.
The E-compass market in Thailand plays a vital role in navigation and orientation applications, particularly in smartphones and automotive navigation systems. These sensors provide accurate directional information and are crucial for location-based services.
The E-Compass market in Thailand is experiencing substantial growth, propelled by the increasing adoption of electronic compasses in smartphones, navigation systems, and IoT devices. E-Compasses, utilizing magnetometer sensors, provide accurate directional information, enhancing navigation and location-based services. Key growth drivers include the demand for precise navigation in smartphones, the integration of E-Compasses in automotive applications, and advancements in sensor technologies. As Thailand embraces smart technologies and connectivity, the E-Compass market is poised for sustained expansion, contributing to improved navigation experiences.
The E-Compass market in Thailand encounters challenges related to the integration of sensor technology into various applications. The demand for highly accurate and reliable e-compass solutions poses technical challenges for manufacturers. Furthermore, issues related to calibration and interference from external magnetic fields can affect the performance of e-compass devices. As the market strives to cater to diverse industries, standardization challenges and the need for interoperability across different devices add complexity to market dynamics.
The Thailand E-Compass Market has witnessed notable changes influenced by the COVID-19 pandemic, redefining how electronic compass technologies are applied in consumer electronics, automotive, and navigation systems. With changes in navigation preferences and an increased demand for location-based services, industries in Thailand are adopting E-Compasses for applications ranging from smartphones to vehicle navigation systems. The pandemic has accelerated the adoption of technology-driven platforms in the E-Compass market, emphasizing the importance of accurate and reliable compass functionality. As Thailand embraces smart transportation initiatives, the E-Compass market plays a crucial role in providing innovative and adaptive solutions in the post-pandemic era.
In the Thailand E-Compass market, key players such as Asahi Kasei Microdevices Corporation, STMicroelectronics N.V., and Honeywell International Inc. are driving the adoption of electronic compass technologies for applications such as navigation, smartphones, and automotive systems. These companies offer e-compass solutions that provide accurate heading and direction information in Thailand, enhancing navigation capabilities in devices like smartphones and GPS systems. As the demand for precise navigation grows, the E-Compass market becomes essential for providing technologies that support accurate direction sensing, and these industry leaders are at the forefront of shaping e-compass technologies.
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 Thailand E-Compass Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand E-Compass Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand E-Compass Market - Industry Life Cycle |
3.4 Thailand E-Compass Market - Porter's Five Forces |
3.5 Thailand E-Compass Market Revenues & Volume Share, By Technology , 2021 & 2031F |
3.6 Thailand E-Compass Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.7 Thailand E-Compass Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 Thailand E-Compass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smartphones and other electronic devices in Thailand |
4.2.2 Growing demand for location-based services and navigation applications in the country |
4.2.3 Government initiatives to promote digitalization and smart city development |
4.3 Market Restraints |
4.3.1 Concerns over data privacy and security may hinder the adoption of e-compass technology |
4.3.2 High initial investment costs for implementing e-compass solutions |
4.3.3 Limited awareness and understanding of the benefits of e-compass technology among consumers and businesses in Thailand |
5 Thailand E-Compass Market Trends |
6 Thailand E-Compass Market, By Types |
6.1 Thailand E-Compass Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Thailand E-Compass Market Revenues & Volume, By Technology , 2021-2031F |
6.1.3 Thailand E-Compass Market Revenues & Volume, By Fluxgate, 2021-2031F |
6.1.4 Thailand E-Compass Market Revenues & Volume, By Hall Effect, 2021-2031F |
6.1.5 Thailand E-Compass Market Revenues & Volume, By Magnetoresistive, 2021-2031F |
6.2 Thailand E-Compass Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand E-Compass Market Revenues & Volume, By 1&2 Axis, 2021-2031F |
6.2.3 Thailand E-Compass Market Revenues & Volume, By 3 Axis, 2021-2031F |
6.2.4 Thailand E-Compass Market Revenues & Volume, By 6 Axis, 2021-2031F |
6.2.5 Thailand E-Compass Market Revenues & Volume, By 9 Axis, 2021-2031F |
6.3 Thailand E-Compass Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand E-Compass Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.3 Thailand E-Compass Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.4 Thailand E-Compass Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Thailand E-Compass Market Revenues & Volume, By Marine, 2021-2031F |
6.3.6 Thailand E-Compass Market Revenues & Volume, By Surveying, 2021-2031F |
6.3.7 Thailand E-Compass Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand E-Compass Market Import-Export Trade Statistics |
7.1 Thailand E-Compass Market Export to Major Countries |
7.2 Thailand E-Compass Market Imports from Major Countries |
8 Thailand E-Compass Market Key Performance Indicators |
8.1 Average daily active users of e-compass applications in Thailand |
8.2 Percentage increase in the number of businesses integrating e-compass technology into their operations |
8.3 Number of government projects incorporating e-compass solutions for urban planning and infrastructure development |
9 Thailand E-Compass Market - Opportunity Assessment |
9.1 Thailand E-Compass Market Opportunity Assessment, By Technology , 2021 & 2031F |
9.2 Thailand E-Compass Market Opportunity Assessment, By Type , 2021 & 2031F |
9.3 Thailand E-Compass Market Opportunity Assessment, By Application , 2021 & 2031F |
10 Thailand E-Compass Market - Competitive Landscape |
10.1 Thailand E-Compass Market Revenue Share, By Companies, 2024 |
10.2 Thailand E-Compass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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