Voice Coil Motor (VCM) Market

Global Voice Coil Motor (VCM) Market

  • ICT-SE-5311
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  • 209 Pages
  • 12-03-2023
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Voice Coil Motor (VCM) Market Market Outlook:

The global Voice Coil Motor (VCM) market was valued at USD 3,272.3 Million in 2022 and is expected to reach USD 6,051.8 Million in 2030, expanding at a CAGR of 8.3% during the forecast period. The overall incremental opportunity is estimated to be USD 2779.6 million from 2022 to 2030.

Voice coil motor (VCM) is an electromagnetic device used in various types of electronic equipment such as lens & autofocus in cameras, speakers, hard disks, and others. It is widely used where short travel paths with high acceleration and constant force are required.  Increasing use of high-precision positioning stages and growing adoption of consumer electronics and sophisticated speakers are expected to drive the market growth during the forecast period.

Voice Coil Motor (VCM) Market Market Outlook

Macro-economic Factors

R&D Activities

Increasing investments from key players in R&D activities and rising focus on product innovations are contributing to the growth of the global voice coil motor market. R&D activities are focused on the efficiency and reliability of the voice coil motor performance. Researchers are developing designs for voice control motors that offer high performance in terms of power consumption, accuracy, and speed.

Additionally, new magnetic materials are being explored for voice control motors that require electromagnetic force for improved strength and stability. Key market players are focusing on producing compact sizes of VCMs that offer high performance in compact designs. Moreover, the demand for the miniature size of voice control motors is increasing. VCMs are integrated with various technologies, such as sensors and microprocessors.

Technological Advancement

In recent years, advancements in the VCM market for better precision, efficiency, and accuracy of VCM has resulted in high demand for VCMs. Voice coil motor devices require a magnetic field. This requires the usage of rare magnets that have high strength and durability. Moreover, these magnets help in generating portable and compact sizes of voice coil motors.

The rising demand for precision manufacturing techniques such as laser cutting and precision assembly in the manufacturing units for efficiency is rising. These advancements in voice coil motors enable them to be manufactured with tight tolerances and performance, ensuring consistency and minimizing vibration and noise.

The development of advanced algorithms and sensors has led to improvements in voice coil motors. This helps in achieving high accuracy and precision. Moreover, the sensors provide real-time accuracy and precision. Advancements in voice control motors aim at improving performance, efficiency, and accuracy.

Market Dynamics

Market Driver- Rising Demand for Smartphones

The growing demand for smartphones is propelling the growth of the voice coil motor market, as voice coil motors are used in smartphones for camera autofocus and picture stabilization. Rising affordability of devices, the rapid pace of technical development, and the increasing dependency on mobile devices for a variety of activities such as entertainment, communication, and productivity result in the steady rise in the demand for smartphones over the years.

Modern smartphones have an important feature called camera focusing, which enables users to capture clear and sharp videos and photos without the need for manual adjustment. VCMs are used in the autofocus systems of smartphone cameras for adjusting the focus distance and moving the lens elements based on the distance and position of the object from the camera.

This confirms the focus and generates high-quality photos and videos. VCMs are used in image stabilization systems for reducing the impact of camera shakes on the quality of an image.

Market Driver- Increasing use of Fast Quick Actuating Devices

A high level of precision has become an absolute necessity for positioning systems over the past few years, due to the development in various industries. Rising demand for high reliability and fast quick actuating devices, as well as rising use for precise motion applications are some of the major factors responsible for driving the market growth.

The demand for VCMs from closed-loop positioning applications is increasing, due to their properties including mobility, a low mechanical & electrical time constant, and low moving masses that allow for high acceleration by light payloads. The VCM has minimal electromagnetic interaction with other types of electronic equipment and helps in reducing magnet leakage. Furthermore, the demand for VCMs is rising, due to the growing investments in the robotics and medical industries.

Market Driver- Increasing innovations in medical technology

Voice coil motors (VCMs) are extensively used in a variety of medical devices, including surgical robots, infusion pumps, ultrasound equipment, and magnetic resonance imaging (MRI) machines. The need for reliable, effective, and accurate VCMs is rising, due to the repaid development in medical technology, which is fueling the market growth.

For instance, MRI machines use radio waves and powerful magnets for generating an image of internal body structures. In MRI, VCMs are used for controlling the gradient coils and the patient table, which create the magnetic field gradients required for imaging.

Developments in MRI technology, including fast imaging speeds and high magnetic field strengths, need VCMs that work at high frequencies with high accuracy and precision. For instance, Maxon has launched a new VCM in 2021. This new VCM is specially designed for medical devices and it operated in high magnetic fields without affecting the quality of the MRI image.

Market Restraint- High Cost

The high cost of VCMs, as compared to other motors, is one of the major factors hampering the market growth. There are various factors responsible for the high cost of VCMs such as precise components, complicated design, and high-performance requirements of VCMs. These factors limit the use of VCMs in various applications and make them less attractive to customers who are concerned about the price. VCMs are majorly designed for applications that need fast, accurate, and precise motion control.

These applications need reliable and high-quality components, which increases the cost of VCMs. VCMs are used in the aerospace industry for many applications including avionics, radar systems, and flight control systems for ensuring the reliability and safety of the aircraft. Depending on the specifications, size, needs, and performance standards, high-performance VCMs utilized in aerospace applications have a wide price range.

Many aircraft manufacturers find this price prohibitive, majorly those who have restricted budgets or limited resources. Expensive VCMs are also negatively impacting their adoption in other industries such as robotics, where VCMs are used in applications such as prosthetic devices, robotic arms, and surgical tools.

VCMs are majorly produced in small quantities that raises the per-unit cost of production, as the fixed costs related to development, tooling, and testing are spread over a small number of units. Moreover, VCMs frequently need to be customized to fit the unique requirements of each application, which increase the cost. This customization includes changes in shape, size, and performance, along with the integration of various features such as sensors or feedback control.

Market Opportunity- Rising Adoption of Electric Vehicles

Increasing adoption of electric vehicles is expected to drive the market growth in the coming years, as it provides substantial opportunity for VCM manufacturers. Furthermore, major manufacturers of EVs including Tesla, Porsche, BMW, Toyota, Chevrolet, Audi, and Nissan are spending on VCM technology to improve the efficiency and performance of EVs.

For instance, in 2021, General Motors (GM) announced the investment of around USD 35.0 billion in autonomous vehicle development and EVs by 2025. This investment includes spending on EVs including the development of a novel VCM for its Ultium Drive Electric Motor.

VCMs are used in active suspension systems, electric power steering systems, and regenerative braking systems of electric vehicles for reducing energy consumption and providing precise control compared to traditional hydraulic power steering systems. Hence, the need for VCMs is anticipated to rise during the forecast period, as the demand for electric vehicles is continuously rising. For instance, Porsche uses VCMs in the Taycan model for controlling the position of the rear spoiler.

It allows precise and quick adjustment of spoilers that helps in improving the aerodynamics of the cars. VCMs are widely used by Tesla in its electric vehicles. In ,2012 Tesla launched the Model S, which uses VCM for precise and quick closing and opening of the charging port.

Scope of the Report

The report on the global Voice Coil Motor (VCM) market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Voice Coil Motor (VCM) Market – Global Industry Analysis, Size, Volume, Share, Growth, Trends, and Forecast

Base Year

2022

Historic Data

2015-2021

Forecast Period

2023–2030

Segmentation

Driver Type (Linear Voice Coil Motor, Rotary Voice Coil Motor), Application (shaker, speaker positioning, lens focus, stage, servo valve, other), End-use Industry (Building & Construction, IT & telecom, Healthcare, Aerospace & Defense, Industrial, Others)

Regional Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

ALPS ALPINE CO., LTD, TDK Corporation, MinebeaMitsumi Inc., Sensata Technologies, Inc, JAHWA, Kollmorgen, SMAC Corporation, Thorlabs, Physik Instrumente (PI) GmbH & Co. KG., New Shicoh Motor Co., Ltd, H2W Technologies, Inc., SM Magnetics, Motran, Moticont, Motion Control Products Ltd, Dura Magnetics, DINGS.

Segmental Outlook

The Global voice coil motor (VCM) market is segmented on the basis of Driver Type, Application, End-use industry, and regions.

In terms of Driver Type, the voice coil motor (VCM) market is segmented into Linear Voice Coil Motor, Rotary Voice Coil Motor. The Rotary Voice Coil Motor segment is projected to hold a substantial share of the market in 2022, due to precise circular motion over short angles.

Voice Coil Motor (VCM) Market Driver Type

Based on the Application, the voice coil motor (VCM) market is segmented into shaker, speaker positioning, lens focus, stage, servo valve, other. The Shaker segment is projected to hold a substantial share of the market in 2022, owing to the increasing demand for precision, and low power consumption.

Based on the end-use industry, the global voice coil motor (VCM) market is segmented into Building & Construction, IT & telecom, Healthcare, Aerospace & Defense, Industrial, and Others. The IT & telecom segment is estimated to expand at a significant CAGR during the forecast period, owing to its high usage in efficient communications and technological advancements.

Voice Coil Motor (VCM) Market End Use Industry

Regional Outlook

Based on regions, the voice coil motor market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in the Asia Pacific is projected to expand at a significant CAGR during the forecast period. The market in Asia Pacific is projected to expand at a significant CAGR during the forecast period. The region is expected to continue its dominance in the coming years, owing to the growing demand for consumer electronics in the region.

Voice Coil Motor (VCM) Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Voice coil motor (VCM) market
  • Historical, Current and Projected Market Size in terms of Value and Volume
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Voice coil motor (VCM) Market Performance

Segments

By Driver Type

  • Linear Voice Coil Motor
  • Rotary Voice Coil Motor

By Application

  • Shaker
  • Speaker Positioning
  • Lens Focus
  • Stage
  • Servo Valve
  • Others

By End-use industry

  • Building & Construction
  • IT & telecom
  • Healthcare
  • Aerospace & Defense
  • Industrial
  • Others

By Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Market Players Profiled in the Report

  • ALPS ALPINE CO., LTD,
  • TDK Corporation
  • MinebeaMitsumi Inc.
  • Sensata Technologies Inc
  • JAHWA
  • Kollmorgen
  • SMAC Corporation
  • Thorlabs
  • Physik Instrumente (PI) GmbH & Co. KG.
  • New Shicoh Motor Co.,Ltd
  • H2W Technologies, Inc.
  • SM Magnetics
  • Motran
  • Moticont
  • Motion Control Products Ltd
  • Dura Magnetics
  • DINGS

Competitive Landscape

  • Top players in the market include ALPS ALPINE CO., LTD, TDK Corporation, MinebeaMitsumi Inc., Sensata Technologies, Inc, JAHWA, Kollmorgen, SMAC Corporation, Thorlabs, Physik Instrumente (PI) GmbH & Co. KG., New Shicoh Motor Co.,Ltd, H2W Technologies, Inc., SM Magnetics, Motran, Moticont, Motion Control Products Ltd, Dura Magnetics, DINGS.
  • These companies are considered key manufacturers of the Voice coil motor (VCM) market based on their revenue, product offerings, regional presence, and supply chain management system.
  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion which is a potential opportunity for the Voice coil motor (VCM) market.
Voice Coil Motor (VCM) Market Key Players
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Voice Coil Motor (VCM) Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Voice Coil Motor (VCM) Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Voice Coil Motor (VCM) Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Voice Coil Motor (VCM) Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Voice Coil Motor (VCM) Market Size & Forecast, 2016-2031
      4.5.1 Voice Coil Motor (VCM) Market Size and Y-o-Y Growth
      4.5.2 Voice Coil Motor (VCM) Market Absolute $ Opportunity
   4.6 Global Voice Coil Motor (VCM) Market: Technological Advancements
   4.7 Global Voice Coil Motor (VCM) Market: Impact of Key Regulations
   4.8 Global Voice Coil Motor (VCM) Market: Pricing Analysis

Chapter 5 Global Voice Coil Motor (VCM) Market Analysis and Forecast By Driver Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Driver Type
      5.1.2 Basis Point Share (BPS) Analysis By Driver Type
      5.1.3 Absolute $ Opportunity Assessment By Driver Type
   5.2 Voice Coil Motor (VCM) Market Size Forecast By Driver Type
      5.2.1 Linear Voice Coil Motor
      5.2.2 Rotary Voice Coil Motor
   5.3 Market Attractiveness Analysis By Driver Type
Chapter 6 Global Voice Coil Motor (VCM) Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Voice Coil Motor (VCM) Market Size Forecast By Application
      6.2.1 Shaker
      6.2.2 Lens Focus
      6.2.3 Servo Valve
      6.2.4 Speaker Positioning
      6.2.5 Stage
      6.2.6 Others
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Voice Coil Motor (VCM) Market Analysis and Forecast By End-use Industry
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By End-use Industry
      7.1.2 Basis Point Share (BPS) Analysis By End-use Industry
      7.1.3 Absolute $ Opportunity Assessment By End-use Industry
   7.2 Voice Coil Motor (VCM) Market Size Forecast By End-use Industry
      7.2.1 Building & Construction
      7.2.2 IT & telecom
      7.2.3 Healthcare
      7.2.4 Aerospace & Defense
      7.2.5 Industrial
      7.2.6 Others
   7.3 Market Attractiveness Analysis By End-use Industry
Chapter 8 Global Voice Coil Motor (VCM) Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Voice Coil Motor (VCM) Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Voice Coil Motor (VCM) Analysis and Forecast
   10.1 Introduction
   10.2 North America Voice Coil Motor (VCM) Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Voice Coil Motor (VCM) Market Size Forecast By Driver Type
      10.6.1 Linear Voice Coil Motor
      10.6.2 Rotary Voice Coil Motor
   10.7 Basis Point Share (BPS) Analysis By Driver Type
   10.8 Absolute $ Opportunity Assessment By Driver Type
   10.9 Market Attractiveness Analysis By Driver Type
   10.10 North America Voice Coil Motor (VCM) Market Size Forecast By Application
      10.10.1 Shaker
      10.10.2 Lens Focus
      10.10.3 Servo Valve
      10.10.4 Speaker Positioning
      10.10.5 Stage
      10.10.6 Others
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
   10.14 North America Voice Coil Motor (VCM) Market Size Forecast By End-use Industry
      10.14.1 Building & Construction
      10.14.2 IT & telecom
      10.14.3 Healthcare
      10.14.4 Aerospace & Defense
      10.14.5 Industrial
      10.14.6 Others
   10.15 Basis Point Share (BPS) Analysis By End-use Industry
   10.16 Absolute $ Opportunity Assessment By End-use Industry
   10.17 Market Attractiveness Analysis By End-use Industry

Chapter 11 Europe Voice Coil Motor (VCM) Analysis and Forecast
   11.1 Introduction
   11.2 Europe Voice Coil Motor (VCM) Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Voice Coil Motor (VCM) Market Size Forecast By Driver Type
      11.6.1 Linear Voice Coil Motor
      11.6.2 Rotary Voice Coil Motor
   11.7 Basis Point Share (BPS) Analysis By Driver Type
   11.8 Absolute $ Opportunity Assessment By Driver Type
   11.9 Market Attractiveness Analysis By Driver Type
   11.10 Europe Voice Coil Motor (VCM) Market Size Forecast By Application
      11.10.1 Shaker
      11.10.2 Lens Focus
      11.10.3 Servo Valve
      11.10.4 Speaker Positioning
      11.10.5 Stage
      11.10.6 Others
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
   11.14 Europe Voice Coil Motor (VCM) Market Size Forecast By End-use Industry
      11.14.1 Building & Construction
      11.14.2 IT & telecom
      11.14.3 Healthcare
      11.14.4 Aerospace & Defense
      11.14.5 Industrial
      11.14.6 Others
   11.15 Basis Point Share (BPS) Analysis By End-use Industry
   11.16 Absolute $ Opportunity Assessment By End-use Industry
   11.17 Market Attractiveness Analysis By End-use Industry
Chapter 12 Asia Pacific Voice Coil Motor (VCM) Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Voice Coil Motor (VCM) Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Voice Coil Motor (VCM) Market Size Forecast By Driver Type
      12.6.1 Linear Voice Coil Motor
      12.6.2 Rotary Voice Coil Motor
   12.7 Basis Point Share (BPS) Analysis By Driver Type
   12.8 Absolute $ Opportunity Assessment By Driver Type
   12.9 Market Attractiveness Analysis By Driver Type
   12.10 Asia Pacific Voice Coil Motor (VCM) Market Size Forecast By Application
      12.10.1 Shaker
      12.10.2 Lens Focus
      12.10.3 Servo Valve
      12.10.4 Speaker Positioning
      12.10.5 Stage
      12.10.6 Others
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
   12.14 Asia Pacific Voice Coil Motor (VCM) Market Size Forecast By End-use Industry
      12.14.1 Building & Construction
      12.14.2 IT & telecom
      12.14.3 Healthcare
      12.14.4 Aerospace & Defense
      12.14.5 Industrial
      12.14.6 Others
   12.15 Basis Point Share (BPS) Analysis By End-use Industry
   12.16 Absolute $ Opportunity Assessment By End-use Industry
   12.17 Market Attractiveness Analysis By End-use Industry
Chapter 13 Latin America Voice Coil Motor (VCM) Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Voice Coil Motor (VCM) Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Voice Coil Motor (VCM) Market Size Forecast By Driver Type
      13.6.1 Linear Voice Coil Motor
      13.6.2 Rotary Voice Coil Motor
   13.7 Basis Point Share (BPS) Analysis By Driver Type
   13.8 Absolute $ Opportunity Assessment By Driver Type
   13.9 Market Attractiveness Analysis By Driver Type
   13.10 Latin America Voice Coil Motor (VCM) Market Size Forecast By Application
      13.10.1 Shaker
      13.10.2 Lens Focus
      13.10.3 Servo Valve
      13.10.4 Speaker Positioning
      13.10.5 Stage
      13.10.6 Others
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
   13.14 Latin America Voice Coil Motor (VCM) Market Size Forecast By End-use Industry
      13.14.1 Building & Construction
      13.14.2 IT & telecom
      13.14.3 Healthcare
      13.14.4 Aerospace & Defense
      13.14.5 Industrial
      13.14.6 Others
   13.15 Basis Point Share (BPS) Analysis By End-use Industry
   13.16 Absolute $ Opportunity Assessment By End-use Industry
   13.17 Market Attractiveness Analysis By End-use Industry
Chapter 14 Middle East & Africa (MEA) Voice Coil Motor (VCM) Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Voice Coil Motor (VCM) Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Voice Coil Motor (VCM) Market Size Forecast By Driver Type
      14.6.1 Linear Voice Coil Motor
      14.6.2 Rotary Voice Coil Motor
   14.7 Basis Point Share (BPS) Analysis By Driver Type
   14.8 Absolute $ Opportunity Assessment By Driver Type
   14.9 Market Attractiveness Analysis By Driver Type
   14.10 Middle East & Africa (MEA) Voice Coil Motor (VCM) Market Size Forecast By Application
      14.10.1 Shaker
      14.10.2 Lens Focus
      14.10.3 Servo Valve
      14.10.4 Speaker Positioning
      14.10.5 Stage
      14.10.6 Others
   14.11 Basis Point Share (BPS) Analysis By Application
   14.12 Absolute $ Opportunity Assessment By Application
   14.13 Market Attractiveness Analysis By Application
   14.14 Middle East & Africa (MEA) Voice Coil Motor (VCM) Market Size Forecast By End-use Industry
      14.14.1 Building & Construction
      14.14.2 IT & telecom
      14.14.3 Healthcare
      14.14.4 Aerospace & Defense
      14.14.5 Industrial
      14.14.6 Others
   14.15 Basis Point Share (BPS) Analysis By End-use Industry
   14.16 Absolute $ Opportunity Assessment By End-use Industry
   14.17 Market Attractiveness Analysis By End-use Industry
Chapter 15 Competition Landscape
   15.1 Voice Coil Motor (VCM) Market: Competitive Dashboard
   15.2 Global Voice Coil Motor (VCM) Market: Market Share Analysis, 2022
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 ALPS ALPINE CO., LTD
      15.3.2 TDK Corporation
      15.3.3 MinebeaMitsumi Inc.
      15.3.4 Sensata Technologies, Inc.
      15.3.5 JAHWA
      15.3.6 Kollmorgen
      15.3.7 SMAC Corporation
      15.3.8 Thorlabs
      15.3.9 Physik Instrumente (PI) GmbH & Co. KG.
      15.3.10 New Shicoh Motor Co., Ltd.
      15.3.11 H2W Technologies, Inc.
      15.3.12 SM Magnetics
      15.3.13 Motran
      15.3.14 Moticont
      15.3.15 Motion Control Products Ltd.
      15.3.16 Dura Magnetics
      15.3.17 DINGS

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FAQ Section

Some frequently asked questions about this report!

Additional company profiles can be provided on request

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

Increasing Demand for Smartphones, increasing use of Fast Quick Actuating Devices, and increasing innovations in medical technology are expected to fuel the market during the forecast period.

According to this Growth Market Reports, the Global voice coil motor (VCM) market is likely to register a CAGR of 8.3% during the forecast period 2022-2030, with an anticipated valuation of USD 6,051.8 Million by the end of 2030.

Factors such as R&D Activities, GDP, and Technological Advancements are analysed in the final report.

Major Players are ALPS ALPINE CO., LTD, TDK Corporation, MinebeaMitsumi Inc., Sensata Technologies, Inc, JAHWA, Kollmorgen, SMAC Corporation, Thorlabs, Physik Instrumente (PI) GmbH & Co. KG., New Shicoh Motor Co.,Ltd, H2W Technologies, Inc., SM Magnetics, Motran, Moticont, Motion Control Products Ltd, Dura Magnetics, DINGS.

The market is expected to witness a negative effect on growth between 2019 and 2020 owing to the COVID-19 pandemic on voice coil motor (VCM) market.

In addition to market size (in US$ Million), company market share (in % for the base year 2022), pricing analysis, and technology landscape are provided.

The base year considered for the Global voice coil motor (VCM) market report is 2022. The complete analysis period is 2015 to 2030, wherein, 2015 to 2021 are the historic years, and the forecast is provided from 2023 to 2030.