Global Digital Compass IC Market Growth 2025-2031

The global Digital Compass IC market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The digital compass IC is a surface mount multi-chip module designed for low-field magnetic field sensing with a digital interface for applications such as low-cost compasses and magnetometers. Applications include consumer electronics, automated navigation systems, personal navigation devices, and magnetometers.

United States market for Digital Compass IC is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Digital Compass IC is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Digital Compass IC is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Digital Compass IC players cover Honeywell, STMicroelectronics, Asahi Kasei Microdevices, NXP Semiconductors, Texas Instruments, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Digital Compass IC Industry Forecast” looks at past sales and reviews total world Digital Compass IC sales in 2024, providing a comprehensive analysis by region and market sector of projected Digital Compass IC sales for 2025 through 2031. With Digital Compass IC sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Compass IC industry.

This Insight Report provides a comprehensive analysis of the global Digital Compass IC landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digital Compass IC portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digital Compass IC market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Compass IC and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Compass IC.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Compass IC market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
2 Axes
3 Axes

Segmentation by Application:
Consumer Electronics
Automotive
Aerospace
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Honeywell
STMicroelectronics
Asahi Kasei Microdevices
NXP Semiconductors
Texas Instruments
TDK

Key Questions Addressed in this Report

What is the 10-year outlook for the global Digital Compass IC market?

What factors are driving Digital Compass IC market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Digital Compass IC market opportunities vary by end market size?

How does Digital Compass IC break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.