Voice Coil Motor Driver Market 2025-2029
The voice coil motor driver market is forecasted to grow by USD 225.14 th during 2024-2029, accelerating at a CAGR of 9.6% during the forecast period. The report on the voice coil motor driver market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for smartphones, expansion of AR and VR technologies, and growing usage of voice coil motors in the aerospace and defense sector.
Technavio's voice coil motor driver market is segmented as below:
By Type
- LMVCM drivers
- RMVCM drivers
By End-user
- Consumer electronics
- Automotive
- Construction
- Industrial automation and robotics
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the product launches as one of the prime reasons driving the voice coil motor driver market growth during the next few years. Also, adoption of autonomous vehicles and adoption of robots and automated systems in various sectors will lead to sizable demand in the market.
The report on the voice coil motor driver market covers the following areas:
- Voice Coil Motor Driver Market sizing
- Voice Coil Motor Driver Market Forecast
- Voice Coil Motor Driver Market Industry Analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading voice coil motor driver market vendors that include ABB Ltd., Allegro MicroSystems Inc., Analog Devices Inc., Fitipower Integrated Technology Inc., Giantec Semiconductor Corp., Infineon Technologies AG, MagnaChip Semiconductor Corp., Microchip Technology Inc., NXP Semiconductors NV, Panasonic Holdings Corp., Renesas Electronics Corp., ROHM Co. Ltd., Shenzhen Tiandeyu Technology Co. Ltd., STMicroelectronics NV, Texas Instruments Inc., Toshiba Corp., Vishay Intertechnology Inc., Weltrend Semiconductor Inc., and Yaskawa Electric Corp.. Also, the voice coil motor driver market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The companies presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.