About Voice Coil Motor (VCM)
Voice Coil Motor (VCM) is an electronic component which 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. Voice Coil Motors (VCM), are also called as Voice Coil Actuators (VCA), are a very mature design which utilizes a magnet and yoke in conjunction with a coil. The coil and magnet are concentric about a common axis and there exists an engineered magnetic return path.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies. Analyst at AMA Research estimates that United States and Japanese Players will contribute the maximum growth to Global Voice Coil Motor (VCM) market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Alps (Japan), Mitsumi (Japan), TDK (Japan), New-Shicoh (China), LG Innotek (South Korea), Xinhongzhou (China), JSS (United States), Physik Instrumente (Germany), H2W Technologies (United States), Sensata Technologies (United States) and Motion Control Products Ltd. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Voice Coil Motor (VCM) market by Type (Linear Voice Coil Motor and Rotary Voice Coil Motor) and Region.
On the basis of geography, the market of Voice Coil Motor (VCM) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023.
If we see Market by , the sub-segment i.e. will boost the Voice Coil Motor (VCM) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Advancements in technology associated with the electronic component and Increase in Demand for Fast Quick Actuating Devices
Market Growth Drivers:
Growing adoption of high precision positioning stages and Emergence of intelligent voice coil motors
Challenges:
Limited scope in the market due to various players
Restraints:
High cost incurred
Opportunities:
Growing adoption in the developing region
Market Leaders and their expansionary development strategies
In March 2023, Cambridge Mechatronics introduces fully integrated OIS+AF SMA actuator, enabling premium camera performance. New 8-wire Shape Memory Alloy (SMA) actuator, proving both autofocus (AF) and optical image stabilisation (OIS) with a single actuator.
In January 2023, Alps Alpine, a leading manufacturer of voice-coil motor (VCM) systems for camera modules, has announced the mass production of a shape-memory alloy (SMA) actuator for CMOS image sensor (CIS) camera modules. This technology uses SMA wires to provide precise and reliable optical image correction. Unlike traditional actuation systems which rely on bulky and complex mechanisms, SMA actuation offers a compact and energy-efficient solution that can be easily integrated into a wide range of devices, including foldable smartphones where magnetic interference is a concern.
Key Target Audience
Industry Investors, Manufacturers, End User Industries, Traders, Distributors, and Suppliers, Government and Research Organizations and Associations and Industry Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.