| Product Code: ETC7628122 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The digital compass import market in Ireland has seen significant growth, with top exporting countries like the USA, China, and the UK leading the way. The increasing concentration of imports from these countries has resulted in a very high concentration level in 2024, indicating a competitive market landscape. The impressive CAGR of 15.28% from 2020 to 2024 highlights the strong demand for digital compasses in Ireland. Furthermore, the accelerated growth rate of 18.62% from 2023 to 2024 suggests a promising outlook for the market in the coming years.

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 Ireland Digital Compass Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Digital Compass Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Digital Compass Market - Industry Life Cycle |
3.4 Ireland Digital Compass Market - Porter's Five Forces |
3.5 Ireland Digital Compass Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Ireland Digital Compass Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Ireland Digital Compass Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
4 Ireland Digital Compass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital technologies in various industries |
4.2.2 Growing emphasis on digital transformation initiatives |
4.2.3 Rising demand for accurate navigation and mapping solutions |
4.3 Market Restraints |
4.3.1 High initial investment and ongoing maintenance costs for digital compass technology |
4.3.2 Data privacy and security concerns related to location-based services |
4.3.3 Limited awareness and understanding of the benefits of digital compass technology |
5 Ireland Digital Compass Market Trends |
6 Ireland Digital Compass Market, By Types |
6.1 Ireland Digital Compass Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Ireland Digital Compass Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Ireland Digital Compass Market Revenues & Volume, By Fluxgate, 2021- 2031F |
6.1.4 Ireland Digital Compass Market Revenues & Volume, By Hall-Effect, 2021- 2031F |
6.1.5 Ireland Digital Compass Market Revenues & Volume, By Magneto resistive, 2021- 2031F |
6.1.6 Ireland Digital Compass Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Ireland Digital Compass Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Digital Compass Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.3 Ireland Digital Compass Market Revenues & Volume, By Aerospace & Defence, 2021- 2031F |
6.2.4 Ireland Digital Compass Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 Ireland Digital Compass Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.6 Ireland Digital Compass Market Revenues & Volume, By Surveying, 2021- 2031F |
6.2.7 Ireland Digital Compass Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Ireland Digital Compass Market, By Sensor Type |
6.3.1 Overview and Analysis |
6.3.2 Ireland Digital Compass Market Revenues & Volume, By 1 & 2-axis, 2021- 2031F |
6.3.3 Ireland Digital Compass Market Revenues & Volume, By 3-axis, 2021- 2031F |
6.3.4 Ireland Digital Compass Market Revenues & Volume, By 6-axis, 2021- 2031F |
6.3.5 Ireland Digital Compass Market Revenues & Volume, By 9-axis, 2021- 2031F |
7 Ireland Digital Compass Market Import-Export Trade Statistics |
7.1 Ireland Digital Compass Market Export to Major Countries |
7.2 Ireland Digital Compass Market Imports from Major Countries |
8 Ireland Digital Compass Market Key Performance Indicators |
8.1 Average time spent on digital compass applications per user |
8.2 Number of new partnerships and collaborations within the digital compass ecosystem |
8.3 Rate of adoption of digital compass technology by different industries |
9 Ireland Digital Compass Market - Opportunity Assessment |
9.1 Ireland Digital Compass Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Ireland Digital Compass Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Ireland Digital Compass Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
10 Ireland Digital Compass Market - Competitive Landscape |
10.1 Ireland Digital Compass Market Revenue Share, By Companies, 2024 |
10.2 Ireland Digital 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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