| Product Code: ETC4437782 | 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 |
The United States saw a shift in e-compass import trends in 2024, with top exporting countries including the UK, Thailand, Metropolitan France, Germany, and Japan. The Herfindahl-Hirschman Index (HHI) indicated a move from moderate to low concentration, signifying increased market diversification. Despite a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -1.22%, the growth rate in 2024 showed a significant decline of -24.75%, suggesting a potential market adjustment or external factors impacting the e-compass import sector in the US.

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 United States (US) E-Compass Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) E-Compass Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) E-Compass Market - Industry Life Cycle |
3.4 United States (US) E-Compass Market - Porter's Five Forces |
3.5 United States (US) E-Compass Market Revenues & Volume Share, By Technology , 2021 & 2031F |
3.6 United States (US) E-Compass Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.7 United States (US) E-Compass Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 United States (US) E-Compass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smartphones and wearable devices with built-in e-compass technology |
4.2.2 Growing demand for navigation and location-based services in various industries like automotive, aerospace, and defense |
4.2.3 Technological advancements leading to improved accuracy and functionality of e-compass devices |
4.3 Market Restraints |
4.3.1 Privacy concerns related to the collection and usage of location data |
4.3.2 Intense competition among e-compass manufacturers leading to pricing pressures |
4.3.3 Dependence on satellite signals and potential disruptions in GPS signals |
5 United States (US) E-Compass Market Trends |
6 United States (US) E-Compass Market, By Types |
6.1 United States (US) E-Compass Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 United States (US) E-Compass Market Revenues & Volume, By Technology , 2021 - 2031F |
6.1.3 United States (US) E-Compass Market Revenues & Volume, By Fluxgate, 2021 - 2031F |
6.1.4 United States (US) E-Compass Market Revenues & Volume, By Hall Effect, 2021 - 2031F |
6.1.5 United States (US) E-Compass Market Revenues & Volume, By Magnetoresistive, 2021 - 2031F |
6.2 United States (US) E-Compass Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 United States (US) E-Compass Market Revenues & Volume, By 1&2 Axis, 2021 - 2031F |
6.2.3 United States (US) E-Compass Market Revenues & Volume, By 3 Axis, 2021 - 2031F |
6.2.4 United States (US) E-Compass Market Revenues & Volume, By 6 Axis, 2021 - 2031F |
6.2.5 United States (US) E-Compass Market Revenues & Volume, By 9 Axis, 2021 - 2031F |
6.3 United States (US) E-Compass Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United States (US) E-Compass Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.3 United States (US) E-Compass Market Revenues & Volume, By Aerospace & Defense, 2021 - 2031F |
6.3.4 United States (US) E-Compass Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.5 United States (US) E-Compass Market Revenues & Volume, By Marine, 2021 - 2031F |
6.3.6 United States (US) E-Compass Market Revenues & Volume, By Surveying, 2021 - 2031F |
6.3.7 United States (US) E-Compass Market Revenues & Volume, By Others, 2021 - 2031F |
7 United States (US) E-Compass Market Import-Export Trade Statistics |
7.1 United States (US) E-Compass Market Export to Major Countries |
7.2 United States (US) E-Compass Market Imports from Major Countries |
8 United States (US) E-Compass Market Key Performance Indicators |
8.1 Average daily active users of e-compass applications |
8.2 Rate of new product innovations and technological advancements in the e-compass market |
8.3 Number of partnerships and collaborations with key industry players to enhance e-compass technology |
9 United States (US) E-Compass Market - Opportunity Assessment |
9.1 United States (US) E-Compass Market Opportunity Assessment, By Technology , 2021 & 2031F |
9.2 United States (US) E-Compass Market Opportunity Assessment, By Type , 2021 & 2031F |
9.3 United States (US) E-Compass Market Opportunity Assessment, By Application , 2021 & 2031F |
10 United States (US) E-Compass Market - Competitive Landscape |
10.1 United States (US) E-Compass Market Revenue Share, By Companies, 2024 |
10.2 United States (US) 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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