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Global E-Compass Market

Global E-Compass Market

Submitted by • May 23, 2020

Global E-Compass Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of 15.10 % during a forecast period.Increasing adoption of the e-compass in consumer electronics like smartphones, tablets, and wearable devices, growing disposable income, rapid urbanization, and changing consumer’s lifestyle across the globe are responsible driving factors behind the global E-Compass market growth, Additionally, growing usage of e-compasses in the autonomous underwater vehicles and unmanned aerial vehicle systems is projected to open new growth opportunities in the global E-compass market during the forecast period. Furthermore, GPS technology is directing globally in the automotive and advanced consumer electronics products, which limit the global E-Compass market growth.

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