Global Voice Coil Motor (VCM) Supply, Demand and Key Producers, 2026-2032
Description
The global Voice Coil Motor (VCM) market size is expected to reach $ 6529 million by 2032, rising at a market growth of 5.7% CAGR during the forecast period (2026-2032).
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.
Voice Coil Montor working principle is that in a permanent magnetic field, the stretching position of the spring is controlled by changing the DC current of the coil in the motor, thereby driving the lens up and down movement.
Main driving factors
The trend of multi-camera in smartphones: Triple and quadruple rear cameras have become standard features on high-end models. The average number of cameras equipped on each smartphone has increased from 2.5 in 2019 to 3.4 in 2024. The popularization of 5G mobile phones and 50-megapixel cameras has driven up the performance demand for VCM voice coil motors.
Direction of technological upgrade
Material innovation: High magnetic energy product magnets (such as N54 grade neodymium iron boron) and low resistivity copper wires (OFC material) are adopted to enhance performance.
Structural optimization: Innovative solutions such as liquid VCM achieve contactless drive through magnetohydrodynamic suspension technology (laboratory stage).
Advancements in driver chips: Open-loop, closed-loop, and OIS optical image stabilization motor driver chip technologies continue to upgrade.
The competitive landscape of the industrial chain
The market share of domestic manufacturers rose from 40% in 2019 to 49% in 2020, gradually challenging the dominant position of foreign capital.
In the upstream materials sector, high-nickel tin-containing copper alloys such as MX215, C-17200 and C-19900 from Mitsubishi of Japan remain the mainstream choices.
International semiconductor giants (such as Texas Instruments and Renesas Electronics) dominate the driver chip market, but Chinese enterprises have demonstrated competitiveness in niche fields.
This report studies the global Voice Coil Motor (VCM) production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Voice Coil Motor (VCM) and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Voice Coil Motor (VCM) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Voice Coil Motor (VCM) total production and demand, 2021-2032, (M Units)
Global Voice Coil Motor (VCM) total production value, 2021-2032, (USD Million)
Global Voice Coil Motor (VCM) production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (M Units), (based on production site)
Global Voice Coil Motor (VCM) consumption by region & country, CAGR, 2021-2032 & (M Units)
U.S. VS China: Voice Coil Motor (VCM) domestic production, consumption, key domestic manufacturers and share
Global Voice Coil Motor (VCM) production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (M Units)
Global Voice Coil Motor (VCM) production by Type, production, value, CAGR, 2021-2032, (USD Million) & (M Units)
Global Voice Coil Motor (VCM) production by Application, production, value, CAGR, 2021-2032, (USD Million) & (M Units)
This report profiles key players in the global Voice Coil Motor (VCM) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ALPS ALPINE, Mitsumi, TDK, JAHWA, SEMCO, Hozel, ZET, New Shicoh Motor, Shanghai B.L Electronics, Sanmeida Optical Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Voice Coil Motor (VCM) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Voice Coil Motor (VCM) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Voice Coil Motor (VCM) Market, Segmentation by Type:
AF
AF+OIS
Others
Global Voice Coil Motor (VCM) Market, Segmentation by Structure:
Ball Structure VCM
Shrapnel Structure VCM
Global Voice Coil Motor (VCM) Market, Segmentation by Application:
＜5M
5M-8M
9M-12M
13M-16M
16M-30M
＞30M
Companies Profiled:
ALPS ALPINE
Mitsumi
TDK
JAHWA
SEMCO
Hozel
ZET
New Shicoh Motor
Shanghai B.L Electronics
Sanmeida Optical Technology
Hysonic
LG Innotek
Key Questions Answered:
1. How big is the global Voice Coil Motor (VCM) market?
2. What is the demand of the global Voice Coil Motor (VCM) market?
3. What is the year over year growth of the global Voice Coil Motor (VCM) market?
4. What is the production and production value of the global Voice Coil Motor (VCM) market?
5. Who are the key producers in the global Voice Coil Motor (VCM) market?
6. What are the growth factors driving the market demand?
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.
Voice Coil Montor working principle is that in a permanent magnetic field, the stretching position of the spring is controlled by changing the DC current of the coil in the motor, thereby driving the lens up and down movement.
Main driving factors
The trend of multi-camera in smartphones: Triple and quadruple rear cameras have become standard features on high-end models. The average number of cameras equipped on each smartphone has increased from 2.5 in 2019 to 3.4 in 2024. The popularization of 5G mobile phones and 50-megapixel cameras has driven up the performance demand for VCM voice coil motors.
Direction of technological upgrade
Material innovation: High magnetic energy product magnets (such as N54 grade neodymium iron boron) and low resistivity copper wires (OFC material) are adopted to enhance performance.
Structural optimization: Innovative solutions such as liquid VCM achieve contactless drive through magnetohydrodynamic suspension technology (laboratory stage).
Advancements in driver chips: Open-loop, closed-loop, and OIS optical image stabilization motor driver chip technologies continue to upgrade.
The competitive landscape of the industrial chain
The market share of domestic manufacturers rose from 40% in 2019 to 49% in 2020, gradually challenging the dominant position of foreign capital.
In the upstream materials sector, high-nickel tin-containing copper alloys such as MX215, C-17200 and C-19900 from Mitsubishi of Japan remain the mainstream choices.
International semiconductor giants (such as Texas Instruments and Renesas Electronics) dominate the driver chip market, but Chinese enterprises have demonstrated competitiveness in niche fields.
This report studies the global Voice Coil Motor (VCM) production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Voice Coil Motor (VCM) and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Voice Coil Motor (VCM) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Voice Coil Motor (VCM) total production and demand, 2021-2032, (M Units)
Global Voice Coil Motor (VCM) total production value, 2021-2032, (USD Million)
Global Voice Coil Motor (VCM) production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (M Units), (based on production site)
Global Voice Coil Motor (VCM) consumption by region & country, CAGR, 2021-2032 & (M Units)
U.S. VS China: Voice Coil Motor (VCM) domestic production, consumption, key domestic manufacturers and share
Global Voice Coil Motor (VCM) production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (M Units)
Global Voice Coil Motor (VCM) production by Type, production, value, CAGR, 2021-2032, (USD Million) & (M Units)
Global Voice Coil Motor (VCM) production by Application, production, value, CAGR, 2021-2032, (USD Million) & (M Units)
This report profiles key players in the global Voice Coil Motor (VCM) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ALPS ALPINE, Mitsumi, TDK, JAHWA, SEMCO, Hozel, ZET, New Shicoh Motor, Shanghai B.L Electronics, Sanmeida Optical Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Voice Coil Motor (VCM) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Voice Coil Motor (VCM) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Voice Coil Motor (VCM) Market, Segmentation by Type:
AF
AF+OIS
Others
Global Voice Coil Motor (VCM) Market, Segmentation by Structure:
Ball Structure VCM
Shrapnel Structure VCM
Global Voice Coil Motor (VCM) Market, Segmentation by Application:
＜5M
5M-8M
9M-12M
13M-16M
16M-30M
＞30M
Companies Profiled:
ALPS ALPINE
Mitsumi
TDK
JAHWA
SEMCO
Hozel
ZET
New Shicoh Motor
Shanghai B.L Electronics
Sanmeida Optical Technology
Hysonic
LG Innotek
Key Questions Answered:
1. How big is the global Voice Coil Motor (VCM) market?
2. What is the demand of the global Voice Coil Motor (VCM) market?
3. What is the year over year growth of the global Voice Coil Motor (VCM) market?
4. What is the production and production value of the global Voice Coil Motor (VCM) market?
5. Who are the key producers in the global Voice Coil Motor (VCM) market?
6. What are the growth factors driving the market demand?
Table of Contents
116 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Structure
- 7 Market Analysis by Application
- 8 Company Profiles
- 9 Industry Chain Analysis
- 10 Research Findings and Conclusion
- 11 Appendix
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