The global voice coil motor market is steadily growing, with a projected CAGR of 4.8% from 2023 to 2031.
The global voice coil motor (VCM) market is expected to experience significant growth from 2022 to 2031. The market size is projected to increase from \$125.3 million to \$191 million, with an average annual growth rate (CAGR) of 4.8% during the forecast period from 2023 to 2031. Factors driving market growth include the expansion of the automotive industry, advancements in voice technology, and an increase in demand for medical devices. Additionally, as the electronics industry as a whole grows, the demand for voice coil motors is expected to rise even further. For application methods, please check the [PDF download] button or apply directly through the related links.
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Major Companies: Texas Instruments SMAC Corporation Motran Industries Inc Mitsumi Motion Control Products Ltd Allegro Microsystems H2W Technologies JAHWA STMicroelectronics N.V. By Application: Shakers Lens Focus Servo Valves Speakers Others By Driver Type: Linear Voice Coil Motors Rotary Voice Coil Motors End-Use Industries: Architecture and Construction Information and Communication Technology Aerospace and Defense Others By Coil Type: Overhang Coils Underhang Coils
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