Global Voice Coil Driver Market Growth 2025-2031

Global Voice Coil Driver Market Growth 2025-2031

The global Voice Coil Driver market size is predicted to grow from US$ 138 million in 2025 to US$ 180 million in 2031; it is expected to grow at a CAGR of 4.6% from 2025 to 2031.

Voice Coil Driver is kind of a component that goes in to the Actuator. In this report, the market focus on Camera Module VCM Driver IC.

Dongwoon Anatech is the largest manufacturer in the global voice coil driver market, with a market share of more than 25%, indicating that the company has significant technological advantages and market leadership in this field. Other major players include Rohm Semiconductor, Fitipower and Weltrend, and the market competition pattern is relatively concentrated. With the popularity of smart devices and the increase in demand for precision control, these companies play a key role in promoting market technological progress and product innovation.

South Korea is the world's largest producer of voice coil drivers, with a market share of more than 40%, followed by China, Japan and North America. Countries such as China and Japan have gradually improved their competitiveness in the global market by relying on strong semiconductor and consumer electronics industries. This regional concentration helps to promote continuous improvement of related technologies and shorten the supply chain, thereby increasing market response speed.

In terms of product categories, open loop voice coil motor drivers (Open Loop VCM Drivers) account for more than 75% of the market share, becoming the dominant segment of the market. This type of driver is widely used in mobile phones, tablets and other devices because of its simple structure, low cost and sufficient to meet the precision control needs in most consumer electronic products. With the rapid development of the consumer electronics industry, especially the continuous innovation in the field of smartphones, the demand for open-loop voice coil drivers will continue to remain strong.

In terms of application areas, the application of voice coil drivers on mobile phones accounts for the largest market share, followed by tablets. This is because modern smartphones and other portable devices have extremely high requirements for precision control in terms of camera focus, screen touch feedback, etc., and voice coil drivers can provide fast response and high-precision control solutions. With the further development of 5G technology, mobile Internet, and the continuous innovation of future consumer electronics products, the application scenarios of voice coil drivers will be more extensive, and the market demand will further expand.

LP Information, Inc. (LPI) ' newest research report, the “Voice Coil Driver Industry Forecast” looks at past sales and reviews total world Voice Coil Driver sales in 2024, providing a comprehensive analysis by region and market sector of projected Voice Coil Driver sales for 2025 through 2031. With Voice Coil Driver sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Voice Coil Driver industry.

This Insight Report provides a comprehensive analysis of the global Voice Coil Driver landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Voice Coil Driver portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Voice Coil Driver market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Voice Coil Driver and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Voice Coil Driver.

This report presents a comprehensive overview, market shares, and growth opportunities of Voice Coil Driver market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Open Loop VCM Driver
Close Loop VCM Driver
OIS VCM Driver
Others

Segmentation by Application:
Mobile Phone
Tablet PC
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Dongwoon Anatech
ZINITIX
Rohm Semiconductor
On Semiconductor
Fitipower
Giantec Semiconductor
Weltrend

Key Questions Addressed in this Report

What is the 10-year outlook for the global Voice Coil Driver market?

What factors are driving Voice Coil Driver market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Voice Coil Driver market opportunities vary by end market size?

How does Voice Coil Driver break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.