| Product Code: ETC7649752 | 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 |
Israel`s digital compass import market saw a shift in top exporting countries in 2024, with the USA, Switzerland, Germany, Denmark, and the Netherlands leading the pack. The Herfindahl-Hirschman Index (HHI) indicated very high concentration in 2023, which slightly decreased to high concentration in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was notable at -29.13%, with a significant decline in growth rate from 2023 to 2024, plummeting to -64.82%. These dynamics suggest a changing landscape in the digital compass import market in Israel.

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 Israel Digital Compass Market Overview |
3.1 Israel Country Macro Economic Indicators |
3.2 Israel Digital Compass Market Revenues & Volume, 2021 & 2031F |
3.3 Israel Digital Compass Market - Industry Life Cycle |
3.4 Israel Digital Compass Market - Porter's Five Forces |
3.5 Israel Digital Compass Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Israel Digital Compass Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Israel Digital Compass Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
4 Israel Digital Compass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smartphones and navigation applications that require digital compass technology |
4.2.2 Growing demand for digital compass in automotive applications for navigation and driver assistance systems |
4.2.3 Rise in outdoor recreational activities such as hiking, camping, and geocaching that utilize digital compass technology |
4.3 Market Restraints |
4.3.1 Intense competition among digital compass manufacturers leading to pricing pressures |
4.3.2 Technological advancements leading to the development of alternative navigation technologies that may pose a threat to digital compass market |
4.3.3 Economic factors such as fluctuations in currency exchange rates impacting the cost of digital compass components |
5 Israel Digital Compass Market Trends |
6 Israel Digital Compass Market, By Types |
6.1 Israel Digital Compass Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Israel Digital Compass Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Israel Digital Compass Market Revenues & Volume, By Fluxgate, 2021- 2031F |
6.1.4 Israel Digital Compass Market Revenues & Volume, By Hall-Effect, 2021- 2031F |
6.1.5 Israel Digital Compass Market Revenues & Volume, By Magneto resistive, 2021- 2031F |
6.1.6 Israel Digital Compass Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Israel Digital Compass Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Israel Digital Compass Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.3 Israel Digital Compass Market Revenues & Volume, By Aerospace & Defence, 2021- 2031F |
6.2.4 Israel Digital Compass Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 Israel Digital Compass Market Revenues & Volume, By Marine, 2021- 2031F |
6.2.6 Israel Digital Compass Market Revenues & Volume, By Surveying, 2021- 2031F |
6.2.7 Israel Digital Compass Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Israel Digital Compass Market, By Sensor Type |
6.3.1 Overview and Analysis |
6.3.2 Israel Digital Compass Market Revenues & Volume, By 1 & 2-axis, 2021- 2031F |
6.3.3 Israel Digital Compass Market Revenues & Volume, By 3-axis, 2021- 2031F |
6.3.4 Israel Digital Compass Market Revenues & Volume, By 6-axis, 2021- 2031F |
6.3.5 Israel Digital Compass Market Revenues & Volume, By 9-axis, 2021- 2031F |
7 Israel Digital Compass Market Import-Export Trade Statistics |
7.1 Israel Digital Compass Market Export to Major Countries |
7.2 Israel Digital Compass Market Imports from Major Countries |
8 Israel Digital Compass Market Key Performance Indicators |
8.1 Number of new smartphone models launched in Israel that are equipped with digital compass technology |
8.2 Adoption rate of digital compass technology in the automotive sector in Israel |
8.3 Participation rate in outdoor recreational activities where digital compass is used |
8.4 Research and development expenditure by major digital compass manufacturers in Israel |
9 Israel Digital Compass Market - Opportunity Assessment |
9.1 Israel Digital Compass Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Israel Digital Compass Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Israel Digital Compass Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
10 Israel Digital Compass Market - Competitive Landscape |
10.1 Israel Digital Compass Market Revenue Share, By Companies, 2024 |
10.2 Israel 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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