Selected research
Market Structure
Global Geomagnetic Navigation Technology Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Geomagnetic Navigation Technology market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for Geomagnetic Navigation Technology is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Geomagnetic Navigation Technology is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Geomagnetic Navigation Technology is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Geomagnetic Navigation Technology is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Geomagnetic Navigation Technology include Allegro Microsystems, Honeywell, NXP Semiconductors, Melexis, Analog Devices, TDK, ROHM Semiconductor, STMicroelectronics and Infineon Technologies, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines Geomagnetic Navigation Technology output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Geomagnetic Navigation Technology by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Geomagnetic Navigation Technology market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Geomagnetic Navigation Technology and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Geomagnetic Navigation Technology sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Geomagnetic Navigation Technology market size, projected growth trends, production technologies, key applications, and end-use industries.
Geomagnetic Navigation Technology Segment by Company
Allegro Microsystems
Honeywell
NXP Semiconductors
Melexis
Analog Devices
TDK
ROHM Semiconductor
STMicroelectronics
Infineon Technologies
Bosch Sensortec
Asahi Kasei Microdevices
ams OSRAM
Texas Instruments
Diodes
Alps Alpine
Novosense Microelectronics
Xinjin Electronics
Shanghai Orient-Chip Technology
Memsic SEMICONDUCTOR
Geomagnetic Navigation Technology Segment by Type
Fluxgate Magnetometers
Hall-Effect Sensors
Magnetoresistive (MR) Sensors
Optically Pumped Magnetometers
Proton Precession Magnetometers
Others
Geomagnetic Navigation Technology Segment by Application
Aerospace & Defense
Consumer Electronics
Automotive
Others
Geomagnetic Navigation Technology Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Geomagnetic Navigation Technology market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Geomagnetic Navigation Technology and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Geomagnetic Navigation Technology.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Geomagnetic Navigation Technology market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Geomagnetic Navigation Technology industry.
Chapter 3: Detailed analysis of Geomagnetic Navigation Technology market competition landscape. Including Geomagnetic Navigation Technology manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Geomagnetic Navigation Technology by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Geomagnetic Navigation Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Fluxgate Magnetometers
- Hall-Effect Sensors
- Magnetoresistive (MR) Sensors
- Optically Pumped Magnetometers
- Proton Precession Magnetometers
- Others
Applications
- Aerospace & Defense
- Consumer Electronics
- Automotive
- Others
Companies covered
- Allegro Microsystems
- Honeywell
- NXP Semiconductors
- Melexis
- Analog Devices
- TDK
- ROHM Semiconductor
- STMicroelectronics
- Infineon Technologies
- Bosch Sensortec
- Asahi Kasei Microdevices
- ams OSRAM
- Texas Instruments
- Diodes
- Alps Alpine
- Novosense Microelectronics
- Xinjin Electronics
- Shanghai Orient-Chip Technology
- Memsic SEMICONDUCTOR
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Geomagnetic Navigation Technology Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Geomagnetic Navigation Technology Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Geomagnetic Navigation Technology Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Geomagnetic Navigation Technology Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Geomagnetic Navigation Technology Market Dynamics
- 2.1 Geomagnetic Navigation Technology Industry Trends
- 2.2 Geomagnetic Navigation Technology Industry Drivers
- 2.3 Geomagnetic Navigation Technology Industry Opportunities and Challenges
- 2.4 Geomagnetic Navigation Technology Industry Restraints
3 Geomagnetic Navigation Technology Market by Manufacturers
- 3.1 Global Geomagnetic Navigation Technology Production Value by Manufacturers (2021-2026)
- 3.2 Global Geomagnetic Navigation Technology Production by Manufacturers (2021-2026)
- 3.3 Global Geomagnetic Navigation Technology Average Price by Manufacturers (2021-2026)
- 3.4 Global Geomagnetic Navigation Technology Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Geomagnetic Navigation Technology Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Geomagnetic Navigation Technology Manufacturers, Product Type & Application
- 3.7 Global Geomagnetic Navigation Technology Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Geomagnetic Navigation Technology Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Geomagnetic Navigation Technology Players Market Share by Production Value in 2025
- 3.8.3 2025 Geomagnetic Navigation Technology Tier 1, Tier 2, and Tier 3
4 Geomagnetic Navigation Technology Market by Type
- 4.1 Geomagnetic Navigation Technology Type Introduction
- 4.1.1 Fluxgate Magnetometers
- 4.1.2 Hall-Effect Sensors
- 4.1.3 Magnetoresistive (MR) Sensors
- 4.1.4 Optically Pumped Magnetometers
- 4.1.5 Proton Precession Magnetometers
- 4.1.6 Others
- 4.2 Global Geomagnetic Navigation Technology Production by Type
- 4.2.1 Global Geomagnetic Navigation Technology Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Geomagnetic Navigation Technology Production by Type (2021-2032)
- 4.2.3 Global Geomagnetic Navigation Technology Production Market Share by Type (2021-2032)
- 4.3 Global Geomagnetic Navigation Technology Production Value by Type
- 4.3.1 Global Geomagnetic Navigation Technology Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Geomagnetic Navigation Technology Production Value by Type (2021-2032)
- 4.3.3 Global Geomagnetic Navigation Technology Production Value Market Share by Type (2021-2032)
5 Geomagnetic Navigation Technology Market by Application
- 5.1 Geomagnetic Navigation Technology Application Introduction
- 5.1.1 Aerospace & Defense
- 5.1.2 Consumer Electronics
- 5.1.3 Automotive
- 5.1.4 Others
- 5.2 Global Geomagnetic Navigation Technology Production by Application
- 5.2.1 Global Geomagnetic Navigation Technology Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Geomagnetic Navigation Technology Production by Application (2021-2032)
- 5.2.3 Global Geomagnetic Navigation Technology Production Market Share by Application (2021-2032)
- 5.3 Global Geomagnetic Navigation Technology Production Value by Application
- 5.3.1 Global Geomagnetic Navigation Technology Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Geomagnetic Navigation Technology Production Value by Application (2021-2032)
- 5.3.3 Global Geomagnetic Navigation Technology Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Allegro Microsystems
- 6.1.1 Allegro Microsystems Company Information
- 6.1.2 Allegro Microsystems Business Overview
- 6.1.3 Allegro Microsystems Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.1.4 Allegro Microsystems Geomagnetic Navigation Technology Product Portfolio
- 6.1.5 Allegro Microsystems Recent Developments
- 6.2 Honeywell
- 6.2.1 Honeywell Company Information
- 6.2.2 Honeywell Business Overview
- 6.2.3 Honeywell Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.2.4 Honeywell Geomagnetic Navigation Technology Product Portfolio
- 6.2.5 Honeywell Recent Developments
- 6.3 NXP Semiconductors
- 6.3.1 NXP Semiconductors Company Information
- 6.3.2 NXP Semiconductors Business Overview
- 6.3.3 NXP Semiconductors Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.3.4 NXP Semiconductors Geomagnetic Navigation Technology Product Portfolio
- 6.3.5 NXP Semiconductors Recent Developments
- 6.4 Melexis
- 6.4.1 Melexis Company Information
- 6.4.2 Melexis Business Overview
- 6.4.3 Melexis Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.4.4 Melexis Geomagnetic Navigation Technology Product Portfolio
- 6.4.5 Melexis Recent Developments
- 6.5 Analog Devices
- 6.5.1 Analog Devices Company Information
- 6.5.2 Analog Devices Business Overview
- 6.5.3 Analog Devices Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.5.4 Analog Devices Geomagnetic Navigation Technology Product Portfolio
- 6.5.5 Analog Devices Recent Developments
- 6.6 TDK
- 6.6.1 TDK Company Information
- 6.6.2 TDK Business Overview
- 6.6.3 TDK Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.6.4 TDK Geomagnetic Navigation Technology Product Portfolio
- 6.6.5 TDK Recent Developments
- 6.7 ROHM Semiconductor
- 6.7.1 ROHM Semiconductor Company Information
- 6.7.2 ROHM Semiconductor Business Overview
- 6.7.3 ROHM Semiconductor Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.7.4 ROHM Semiconductor Geomagnetic Navigation Technology Product Portfolio
- 6.7.5 ROHM Semiconductor Recent Developments
- 6.8 STMicroelectronics
- 6.8.1 STMicroelectronics Company Information
- 6.8.2 STMicroelectronics Business Overview
- 6.8.3 STMicroelectronics Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.8.4 STMicroelectronics Geomagnetic Navigation Technology Product Portfolio
- 6.8.5 STMicroelectronics Recent Developments
- 6.9 Infineon Technologies
- 6.9.1 Infineon Technologies Company Information
- 6.9.2 Infineon Technologies Business Overview
- 6.9.3 Infineon Technologies Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.9.4 Infineon Technologies Geomagnetic Navigation Technology Product Portfolio
- 6.9.5 Infineon Technologies Recent Developments
- 6.10 Bosch Sensortec
- 6.10.1 Bosch Sensortec Company Information
- 6.10.2 Bosch Sensortec Business Overview
- 6.10.3 Bosch Sensortec Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.10.4 Bosch Sensortec Geomagnetic Navigation Technology Product Portfolio
- 6.10.5 Bosch Sensortec Recent Developments
- 6.11 Asahi Kasei Microdevices
- 6.11.1 Asahi Kasei Microdevices Company Information
- 6.11.2 Asahi Kasei Microdevices Business Overview
- 6.11.3 Asahi Kasei Microdevices Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.11.4 Asahi Kasei Microdevices Geomagnetic Navigation Technology Product Portfolio
- 6.11.5 Asahi Kasei Microdevices Recent Developments
- 6.12 ams OSRAM
- 6.12.1 ams OSRAM Company Information
- 6.12.2 ams OSRAM Business Overview
- 6.12.3 ams OSRAM Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.12.4 ams OSRAM Geomagnetic Navigation Technology Product Portfolio
- 6.12.5 ams OSRAM Recent Developments
- 6.13 Texas Instruments
- 6.13.1 Texas Instruments Company Information
- 6.13.2 Texas Instruments Business Overview
- 6.13.3 Texas Instruments Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.13.4 Texas Instruments Geomagnetic Navigation Technology Product Portfolio
- 6.13.5 Texas Instruments Recent Developments
- 6.14 Diodes
- 6.14.1 Diodes Company Information
- 6.14.2 Diodes Business Overview
- 6.14.3 Diodes Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.14.4 Diodes Geomagnetic Navigation Technology Product Portfolio
- 6.14.5 Diodes Recent Developments
- 6.15 Alps Alpine
- 6.15.1 Alps Alpine Company Information
- 6.15.2 Alps Alpine Business Overview
- 6.15.3 Alps Alpine Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.15.4 Alps Alpine Geomagnetic Navigation Technology Product Portfolio
- 6.15.5 Alps Alpine Recent Developments
- 6.16 Novosense Microelectronics
- 6.16.1 Novosense Microelectronics Company Information
- 6.16.2 Novosense Microelectronics Business Overview
- 6.16.3 Novosense Microelectronics Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.16.4 Novosense Microelectronics Geomagnetic Navigation Technology Product Portfolio
- 6.16.5 Novosense Microelectronics Recent Developments
- 6.17 Xinjin Electronics
- 6.17.1 Xinjin Electronics Company Information
- 6.17.2 Xinjin Electronics Business Overview
- 6.17.3 Xinjin Electronics Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.17.4 Xinjin Electronics Geomagnetic Navigation Technology Product Portfolio
- 6.17.5 Xinjin Electronics Recent Developments
- 6.18 Shanghai Orient-Chip Technology
- 6.18.1 Shanghai Orient-Chip Technology Company Information
- 6.18.2 Shanghai Orient-Chip Technology Business Overview
- 6.18.3 Shanghai Orient-Chip Technology Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.18.4 Shanghai Orient-Chip Technology Geomagnetic Navigation Technology Product Portfolio
- 6.18.5 Shanghai Orient-Chip Technology Recent Developments
- 6.19 Memsic SEMICONDUCTOR
- 6.19.1 Memsic SEMICONDUCTOR Company Information
- 6.19.2 Memsic SEMICONDUCTOR Business Overview
- 6.19.3 Memsic SEMICONDUCTOR Geomagnetic Navigation Technology Production, Value and Gross Margin (2021-2026)
- 6.19.4 Memsic SEMICONDUCTOR Geomagnetic Navigation Technology Product Portfolio
- 6.19.5 Memsic SEMICONDUCTOR Recent Developments
7 Global Geomagnetic Navigation Technology Production by Region
- 7.1 Global Geomagnetic Navigation Technology Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Geomagnetic Navigation Technology Production by Region (2021-2032)
- 7.2.1 Global Geomagnetic Navigation Technology Production by Region (2021-2026)
- 7.2.2 Global Geomagnetic Navigation Technology Production Forecast by Region (2027-2032)
- 7.3 Global Geomagnetic Navigation Technology Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Geomagnetic Navigation Technology Production Value by Region (2021-2032)
- 7.4.1 Global Geomagnetic Navigation Technology Production Value by Region (2021-2026)
- 7.4.2 Global Geomagnetic Navigation Technology Production Value by Region (2027-2032)
- 7.5 Global Geomagnetic Navigation Technology Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Geomagnetic Navigation Technology Production Value (2021-2032)
- 7.6.2 Europe Geomagnetic Navigation Technology Production Value (2021-2032)
- 7.6.3 Asia-Pacific Geomagnetic Navigation Technology Production Value (2021-2032)
- 7.6.4 South America Geomagnetic Navigation Technology Production Value (2021-2032)
- 7.6.5 Middle East & Africa Geomagnetic Navigation Technology Production Value (2021-2032)
8 Global Geomagnetic Navigation Technology Consumption by Region
- 8.1 Global Geomagnetic Navigation Technology Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Geomagnetic Navigation Technology Consumption by Region (2021-2032)
- 8.2.1 Global Geomagnetic Navigation Technology Consumption by Region (2021-2026)
- 8.2.2 Global Geomagnetic Navigation Technology Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Geomagnetic Navigation Technology Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Geomagnetic Navigation Technology Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Geomagnetic Navigation Technology Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Geomagnetic Navigation Technology Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Geomagnetic Navigation Technology Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Geomagnetic Navigation Technology Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Geomagnetic Navigation Technology Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Geomagnetic Navigation Technology Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Geomagnetic Navigation Technology Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Geomagnetic Navigation Technology Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Geomagnetic Navigation Technology Value Chain Analysis
- 9.1.1 Geomagnetic Navigation Technology Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Geomagnetic Navigation Technology Production Mode & Process
- 9.2 Geomagnetic Navigation Technology Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Geomagnetic Navigation Technology Distributors
- 9.2.3 Geomagnetic Navigation Technology Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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