Global Voice Coil Motor VCM Market Research Report 2023(Status and Outlook)

Global Voice Coil Motor VCM Market Research Report 2023(Status and Outlook)

Report Overview

Voice Coil Motor (VCM) is an electronic component that adjusts focus by moving multiple lens holders according to the change in current via magnets and a coil built into the component.

OIS (Optical Image Stabilizer) is another function of VCM, and the OIS (Optical Image Stabilizer) is detects the hand shaking and moves in the opposite direction of the shaking part of the lens to prevent the image from becoming blurred.

Global Voice Coil Motor (VCM) key players include Alps, TDK, SEMCO, Mitsumi, Shicoh, etc. Global top five manufacturers hold a share over 65%.

Japan is the largest market, with a share over 35%, followed by China and South Korea, both have a share over 50%.

In terms of product, OIS is the largest segment, with a share over 55%. And in terms of application, the largest application is 5M-8M, followed by 9M-12M, 13M-16M, etc.

The Global Voice Coil Motor VCM Market Size was estimated at USD 885.00 million in 2022 and is projected to reach USD 694.68 million by 2029, exhibiting a CAGR of -3.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Voice Coil Motor VCM market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Voice Coil Motor VCM Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Voice Coil Motor VCM market in any manner.

Global Voice Coil Motor VCM Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Alps

Mitsumi

TDK

JAHWA

SEMCO

New-Shicoh

Billu

Hysonic

LG Innotek

Guixin

Xinhongzhou

JCT

JSS

Market Segmentation (by Type)

AF

OIS

Market Segmentation (by Application)

Consumer Electronics

Industrial

Communication

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Voice Coil Motor VCM Market

Overview of the regional outlook of the Voice Coil Motor VCM Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors