Global Voice Coil Motor (VCM) Market Growth 2023-2029

Global Voice Coil Motor (VCM) Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Voice Coil Motor (VCM) Industry Forecast” looks at past sales and reviews total world Voice Coil Motor (VCM) sales in 2022, providing a comprehensive analysis by region and market sector of projected Voice Coil Motor (VCM) sales for 2023 through 2029. With Voice Coil Motor (VCM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Voice Coil Motor (VCM) industry.

This Insight Report provides a comprehensive analysis of the global Voice Coil Motor (VCM) 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 Motor (VCM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Voice Coil Motor (VCM) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Voice Coil Motor (VCM) 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 Motor (VCM).

The global Voice Coil Motor (VCM) market size is projected to grow from US$ 3038.9 million in 2022 to US$ 4897.2 million in 2029; it is expected to grow at a CAGR of 4897.2 from 2023 to 2029.

Global voice coil motor (VCM) key players include Alps, TDK, SEMCO, Mitsumi, Shicoh, etc. Global top five manufacturers hold a share over 80%.

China is the largest market, with a share over 54%, followed by Japan and South Korea, both have a share over 30%.

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

Market Segmentation:

Segmentation by type

AF

OIS

Segmentation by application

Below 5M

5M-8M

9M-12M

13M-16M

Above 16M

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 analyzing the company's coverage, product portfolio, its market penetration.

ALPS ALPINE

Mitsumi

TDK

JAHWA

SEMCO

Henan Hozel Electronics Co. LTD

Liaoning Zhonglan Electronic Technology Co.,Ltd.

New Shicoh Motor Co .,Ltd

Shanghai Billu Electronics Co., Ltd.

Sanmeida Optical Technology Co., LTD

Hysonic

LG Innotek

Guixin Magnetoelectric Technology Co., Ltd.

Hysonic

Xinhongzhou Precision Technology Co.,Ltd.

Ningbo JCT Electronics Co.,Ltd.

JSS Optical Technology Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Voice Coil Motor (VCM) market?

What factors are driving Voice Coil Motor (VCM) market growth, globally and by region?

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

How do Voice Coil Motor (VCM) market opportunities vary by end market size?

How does Voice Coil Motor (VCM) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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