Global Camera Module Actuator Market Growth 2025-2031

The global Camera Module Actuator market size is predicted to grow from US$ 3701 million in 2025 to US$ 4256 million in 2031; it is expected to grow at a CAGR of 2.4% from 2025 to 2031.

Camera Module Actuator is a key component in the smartphone camera system, used to precisely control the movement of the lens to achieve functions such as automatic aiming and optical image stabilization. These Actuators can help the camera module adjust the lens position and record sound. Mobile phone cameras usually include different types such as Voice Coil Motor (VCM) and Shape Memory Alloy (SMA).

The future development trend of the Camera Module Actuators market will be shaped by the growing demand for high-resolution imaging, multi-camera setups, and advanced photography features in smartphones. Actuators are expected to become more compact and energy-efficient while delivering faster autofocus and precise stabilization to meet the increasing requirements of 5G-enabled devices and AI-driven photography. As smartphones become slimmer and more compact, there is a growing need for smaller, more efficient camera actuators. Companies developing MEMS (Micro-Electro-Mechanical Systems) or SMA (Shape Memory Alloy) actuators can capitalize on the opportunity to provide miniaturized solutions without sacrificing performance. SMA actuators offer a compact alternative to VCMs. These actuators are particularly valuable for flagship devices where space is limited, but high-quality performance is essential. Their ability to enable precise lens movements for both AF and OIS in a small package opens up growth opportunities in high-end devices.

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

This Insight Report provides a comprehensive analysis of the global Camera Module Actuator 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 Camera Module Actuator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Camera Module Actuator market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Camera Module Actuator 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 Camera Module Actuator.

This report presents a comprehensive overview, market shares, and growth opportunities of Camera Module Actuator market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
VCM
SMA

Segmentation by Application:
Low-end Smartphones
Mid-range Smartphones
High-end Smartphones

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.
Alps Alpine
Mitsumi
TDK
SEMCO
Jahwa Electronics
LG Innotek
ZET
New Shicoh Motor
Haesung Optics
MCNEX
Hozel
Shanghai B.L Electronics
IM
Sanmeda Optical Technology
JIANGXIN MICRO MOTOR
ROE
TOK

Key Questions Addressed in this Report

What is the 10-year outlook for the global Camera Module Actuator market?

What factors are driving Camera Module Actuator market growth, globally and by region?

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

How do Camera Module Actuator market opportunities vary by end market size?

How does Camera Module Actuator break out by Type, by Application?

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