Voice Coil Motors (VCM) Sales Market

Voice Coil Motors (VCM) Sales Market Size, Share & Trends Analysis Report by Driver Type (Linear Voice Coil Motor and Rotatory Voice Coil Motor), by Application (Shaker, Speakers, Oscillatory Systems, Lens Focus, and Others), and by End-Users (Building & Construction, IT & Telecom, Aerospace & Defense, industrial, and Others) Forecast Period (2022-2028)
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: OMR2027147 | Category : Electronic Devices | Delivery Format: /

Voice coil motors sales market is anticipated to grow at a CAGR of 4.9% during the forecast period. Voice coil motors also known as voice coil actuators are highly precise and controllable electrical actuators, suitable for applications requiring limited displacement. The voice coil converts electrical signals directly into linear magnetic force, providing a much higher purity of motion. Voice coil motors provide several features such as fast operation, controllability, reliability, flexible production, and others. Furthermore, the use of voice coil actuators for soft robots is self-sufficient and fulfills several criteria such as locomotion, sensing, communication, and wireless power transfer. The rising application of voice coil motors in robotic automation and medical equipment is expected to accelerate market growth. For example, Wormbot utilizes voice coils as a new paradigm in soft robot actuation. Wormbot is a modular soft robot with a voice coil electromagnetic actuation system, which uses the same fundamental principles as a hi-fi loudspeaker.

Segmental Outlook 

The global voice coil motors sales market is segmented based on the driver type, application, and end-users. Based on the driver type, the market is bifurcated into linear voice coil motors and rotatory voice coil motors. Based on the application, the market is further sub-segmented into the shaker, speakers, oscillatory systems, lens focus, and others. Based on the end-users, the market is augmented into building and construction, IT and telecom, aerospace and defense, industrial, and others. Among the end-users, the IT & telecom sub-segment is anticipated to witness considerable growth during the forecast period. Technological advances in wireless technology such as wi-fi, Bluetooth, and others have increased the demand for the market. 

Among driver types, the linear voice coil motor is expected to have a prominent market share over the forecast period. The linear voice coil motor has zero cogging and features such as high accuracy, and high repeatability in work holding and clamping, medical devices, haptic feedback, assembly, and test and measurement. The linear voice coil motor has a 1.5-inch stroke length and a force-to-size ratio of 7.4 ounces and a peak force of 23.5 ounces at a 10% duty cycle. Thus, the benefits associated with the linear voice coil motor is expected to provide lucrative growth opportunity to the market. 

Regional Outlooks

The global voice coil motors sales market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America).  The market can be analyzed for a particular region or country level as per the requirement. The Asia-Pacific region is expected to be the fastest-growing region over the forecast period due to the technological enhancement in developing countries. The adoption of smart technologies by original equipment manufacturers (OEMs) is expected to propel market growth. 

Global Voice Coil Motors Sales Market Growth, by Region 2022-2028

Global Voice Coil Motors Sales Market Growth, by Region

North America is Expected to Hold a Significant Share of the Global Voice Coil Motors Sales Market 

Among all regions, North America is expected to hold a considerable market share during the forecast period. The region has significant demand for energy-efficient motors due to the rising number of electric vehicles (EVs). According to the International Energy Agency (IEA), in the US, electric car sales doubled reaching 630,000 sold as compared to the last three years in 2021. Additionally, the US finalized rulings establishing more stringent standards for both corporate average fuel economy, GHG emissions, and other forms of sustainable transport modes which will positively impact the market. Thus, North American countries such as US and Canada have adopted policies that promote eco-friendly industries by incentivizing clean technologies which will further contribute to the market growth during the forecast period. 

Market Players Outlook

The major companies serving the global voice coil motors sales market include Allegro Microsystems, Inc., Dura Magnetics, Inc., H2W Technologies, Inc., Motion Controls Products Ltd., Sensata Technologies, Inc., SMAC Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2019, Moticont launched a linear voice coil motor with high accuracy and high repeatability when operated in a closed loop as a DC servo motor. In addition, the motor has zero cogging, low inertia, and high acceleration and is a clean, quiet, efficient, brushless, high-speed linear DC motor. The motor is ideal for medical devices, scanners, laser beam steering, filtering, work holding, clamping, and dynamic vibration absorption. 

The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global voice coil motors sales market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

1. Report Summary

Current Industry Analysis and Growth Potential Outlook

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis

3.1.1. Overview

3.1.2. Financial Analysis 

3.1.3. SWOT Analysis

3.1.4. Recent Developments

3.2. Key Strategy Analysis

4. Market Segmentation

4.1. Global Voice Coil Motor Sales Market by Driver Type

4.1.1. Linear Voice Coil Motor

4.1.2. Rotatory Voice Coil Motor 

4.2. Global Voice Coil Motor Sales Market by Application

4.2.1. Shaker 

4.2.2. Speakers 

4.2.3. Oscillatory Systems

4.2.4. Lens Focus 

4.2.5. Others 

4.3. Global Voice Coil Motor Sales Market by End-Users

4.3.1. Building & Construction 

4.3.2. IT & Telecom

4.3.3. Aerospace & Defense 

4.3.4. Industrial 

4.3.5. Others 

5. Regional Analysis

5.1. North America

5.1.1. United States

5.1.2. Canada

5.2. Europe

5.2.1. UK

5.2.2. Germany

5.2.3. Italy

5.2.4. Spain

5.2.5. France

5.2.6. Rest of Europe 

5.3. Asia-Pacific

5.3.1. China

5.3.2. India

5.3.3. Japan

5.3.4. South Korea

5.3.5. Rest of Asia-Pacific 

5.4. Rest of the World

6. Company Profiles

6.1. Allegro Microsystems, Inc. 

6.2. ALPS Alpine Co. Ltd.

6.3. Dura Magnetics, Inc. 

6.4. Equipment Solutions, Inc.

6.5. H2W Technologies, Inc.  

6.6. Hysonic 

6.7. LG Innotek Co., Ltd. 

6.8. Minebea Mitsumi, Inc. 

6.9. MotiCont

6.10. Motion Controls Products Ltd.

6.11. Motran Industries Inc.

6.12. Physik Instrumente GmbH & Co. KG

6.13. SEMCO 

6.14. Sensata Technologies, Inc. 

6.15. SMAC Corp.

6.16. ST Microelectronics International N.V. 

6.17. TDK

6.18. Texas Instruments Inc.

1. GLOBAL VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY DRIVER TYPE, 2021-2028 ($ MILLION)

2. GLOBAL LINEAR VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

3. GLOBAL ROTATORY VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

4. GLOBAL VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)

5. GLOBAL VOICE COIL MOTOR SALES FOR SHAKER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

6. GLOBAL VOICE COIL MOTOR SALES FOR SPEAKER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

7. GLOBAL VOICE COIL MOTOR SALES FOR OSCILLATORY SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

8. GLOBAL VOICE COIL MOTOR SALES FOR LENS FOCUS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

9. GLOBAL VOICE COIL MOTOR SALES FOR OTHER APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

10. GLOBAL VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)

11. GLOBAL VOICE COIL MOTOR SALES FOR BUILDING & CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

12. GLOBAL VOICE COIL MOTOR SALES FOR IT & TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

13. GLOBAL VOICE COIL MOTOR SALES FOR AEROSPACE & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

14. GLOBAL VOICE COIL MOTOR SALES FOR INDUSTRIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

15. GLOBAL VOICE COIL MOTOR SALES FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

16. GLOBAL VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)

17. NORTH AMERICAN VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

18. NORTH AMERICAN VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY DRIVER TYPE, 2021-2028 ($ MILLION)

19. NORTH AMERICAN VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)

20. NORTH AMERICAN VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)

21. EUROPEAN VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

22. EUROPEAN VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY DRIVER TYPE, 2021-2028 ($ MILLION)

23. EUROPEAN VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)

24. EUROPEAN VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)

25. ASIA-PACIFIC VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

26. ASIA-PACIFIC VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY DRIVER TYPE, 2021-2028 ($ MILLION)

27. ASIA-PACIFIC VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)

28. ASIA-PACIFIC VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)

29. REST OF THE WORLD VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)

30. REST OF THE WORLD VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY DRIVER TYPE, 2021-2028 ($ MILLION)

31. REST OF THE WORLD VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)

32. REST OF THE WORLD VOICE COIL MOTOR SALES MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)

1. GLOBAL VOICE COIL MOTOR SALES MARKET SHARE BY DRIVER TYPE, 2021 VS 2028 (%)

2. GLOBAL LINEAR VOICE COIL MOTOR SALES MARKET SHARE BY REGION, 2021 VS 2028 (%)

3. GLOBAL ROTATORY VOICE COIL MOTOR SALES MARKET SHARE BY REGION, 2021 VS 2028 (%)

4. GLOBAL VOICE COIL MOTOR SALES MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)

5. GLOBAL VOICE COIL MOTOR SALES FOR SHAKER MARKET SHARE BY REGION, 2021 VS 2028 (%)

6. GLOBAL VOICE COIL MOTOR SALES FOR SPEAKER MARKET SHARE BY REGION, 2021 VS 2028 (%)

7. GLOBAL VOICE COIL MOTOR SALES FOR OSCILLATORY SYSTEMS MARKET SHARE BY REGION, 2021 VS 2028 (%)

8. GLOBAL VOICE COIL MOTOR SALES FOR LENS FOCUS MARKET SHARE BY REGION, 2021 VS 2028 (%)

9. GLOBAL VOICE COIL MOTOR SALES FOR OTHER APPLICATION MARKET SHARE BY REGION, 2021 VS 2028 (%)

10. GLOBAL VOICE COIL MOTOR SALES MARKET SHARE BY END-USERS, 2021 VS 2028 (%)

11. GLOBAL VOICE COIL MOTOR SALES FOR BUILDING & CONSTRUCTION MARKET SHARE BY REGION, 2021 VS 2028 (%)

12. GLOBAL VOICE COIL MOTOR SALES FOR IT & TELECOM MARKET SHARE BY REGION, 2021 VS 2028 (%)

13. GLOBAL VOICE COIL MOTOR SALES FOR AEROSPACE & DEFENSE MARKET SHARE BY REGION, 2021 VS 2028 (%)

14. GLOBAL VOICE COIL MOTOR SALES FOR INDUSTRIAL MARKET SHARE BY REGION, 2021 VS 2028 (%)

15. GLOBAL VOICE COIL MOTOR SALES FOR OTHER MARKET SHARE BY REGION, 2021 VS 2028 (%)

16. GLOBAL VOICE COIL MOTOR SALES MARKET SHARE BY REGION, 2021 VS 2028 (%)

17. US VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

18. CANADA VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

19. UK VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

20. FRANCE VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

21. GERMANY VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

22. ITALY VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

23. SPAIN VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

24. REST OF EUROPE VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

25. INDIA VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

26. CHINA VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

27. JAPAN VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

28. SOUTH KOREA VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

29. REST OF ASIA-PACIFIC VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)

30. REST OF THE WORLD VOICE COIL MOTOR SALES MARKET SIZE, 2021-2028 ($ MILLION)