• The global 3D Electronic Compasses Market was valued at US$ 44.8 million in 2023 and is predicted to reach US$ 66.4 million by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period (2023-2030).
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• A 3D electronic compass is a device that provides accurate directional measurements (azimuth, pitch, and roll) using a combination of sensors, typically magnetometers and accelerometers, to detect the Earth's magnetic field and gravitational forces. Unlike traditional compasses, which only detect two-dimensional directions (north, south, east, west), a 3D compass can also measure tilt and orientation in all three spatial axes (x, y, z), making it useful in devices that require precise positioning and movement detection, such as smartphones, drones, GPS systems, and various other consumer electronics and industrial applications.
• The global key manufacturers of 3D Electronic Compasses include PM Instrumentation, Asahi Kasei Microdevices Corporation, WitMotion, Taidacent, Honeywell, ST Microelectronics, NXP, Invensense and Oceanserver Technologies, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
• 3D electronic compasses can be used when idle, or moving at low speeds. This compass is also tilt compensated, meaning the device can be held in any position and will still give a compass reading.
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