Global VCM Motor Market Growth 2023-2029

Global VCM Motor Market Growth 2023-2029

The Voice Coil Motor (VCM) is a mechanical device that realizes linear and limited swing angle motion, and is mainly used to push the lens to move to generate an autofocus imaging group. The basic structure of the voice coil motor includes an upper cover, an upper shrapnel, a magnet, a shielding cover, a coil, a lens bracket, a lower shrapnel, a base, and the like. Among them, the coil and the lens barrel are fixed together. When working, the magnetic field formed by the magnet and the iron shell passes through the coil, and when a current passes through the coil, a force is generated, so that the lens barrel can move back and forth with the lens.

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

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

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

The global VCM Motor market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for VCM Motor is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for VCM Motor is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for VCM Motor is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key VCM Motor players cover ALPS, TDK, MITSUMI, SEMCO, Hysonic, Jahwa, HOZEI, ZET and New Shicoh, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
AF
OIS

Segmentation by application
Below 5 M
5 M-8 M
9 M-12 M
13 M-16 M
Above 16 M

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
TDK
MITSUMI
SEMCO
Hysonic
Jahwa
HOZEI
ZET
New Shicoh
BILLU
Henan Hozel Electronics
Shanghai Billu Electronics
Liaoning Zhonglan Electronic Technology
New Shicoh Motor
Sanmeida Optical Technology
LG Innotek
Guixin Magnetoelectric Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global VCM Motor market?

What factors are driving VCM Motor market growth, globally and by region?

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

How do VCM Motor market opportunities vary by end market size?

How does VCM Motor 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.