The global market for Voice Coil Motor (VCM) was estimated to be worth US$ 4065 million in 2024 and is forecast to a readjusted size of US$ 6077 million by 2031 with a CAGR of 5.8% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Voice Coil Motor (VCM) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Voice Coil Motor (VCM) is an electronic component that adjusts focus by moving multiple lens holders according to the change in current via magnets and a coil built into the component.
Voice Coil Montor working principle is that in a permanent magnetic field, the stretching position of the spring is controlled by changing the DC current of the coil in the motor, thereby driving the lens up and down movement.
Main driving factors
The trend of multi-camera in smartphones: Triple and quadruple rear cameras have become standard features on high-end models. The average number of cameras equipped on each smartphone has increased from 2.5 in 2019 to 3.4 in 2024. The popularization of 5G mobile phones and 50-megapixel cameras has driven up the performance demand for VCM voice coil motors.
Direction of technological upgrade
Material innovation: High magnetic energy product magnets (such as N54 grade neodymium iron boron) and low resistivity copper wires (OFC material) are adopted to enhance performance.
Structural optimization: Innovative solutions such as liquid VCM achieve contactless drive through magnetohydrodynamic suspension technology (laboratory stage).
Advancements in driver chips: Open-loop, closed-loop, and OIS optical image stabilization motor driver chip technologies continue to upgrade.
The competitive landscape of the industrial chain
The market share of domestic manufacturers rose from 40% in 2019 to 49% in 2020, gradually challenging the dominant position of foreign capital.
In the upstream materials sector, high-nickel tin-containing copper alloys such as MX215, C-17200 and C-19900 from Mitsubishi of Japan remain the mainstream choices.
International semiconductor giants (such as Texas Instruments and Renesas Electronics) dominate the driver chip market, but Chinese enterprises have demonstrated competitiveness in niche fields.
This report aims to provide a comprehensive presentation of the global market for Voice Coil Motor (VCM), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Voice Coil Motor (VCM) by region & country, by Type, and by Application.
The Voice Coil Motor (VCM) market size, estimations, and forecasts are provided in terms of sales volume (M Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Voice Coil Motor (VCM).
Market Segmentation
By Company
- ALPS ALPINE
- Mitsumi
- TDK
- JAHWA
- SEMCO
- Hozel
- ZET
- New Shicoh Motor
- Shanghai B.L Electronics
- Sanmeida Optical Technology
- Hysonic
- LG Innotek
Segment by Type
Segment by Application
- <5M
- 5M-8M
- 9M-12M
- 13M-16M
- 16M-30M
- >30M
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Voice Coil Motor (VCM) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Voice Coil Motor (VCM) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Voice Coil Motor (VCM) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Voice Coil Motor (VCM) Product Introduction
- 1.2 Global Voice Coil Motor (VCM) Market Size Forecast
- 1.2.1 Global Voice Coil Motor (VCM) Sales Value (2020-2031)
- 1.2.2 Global Voice Coil Motor (VCM) Sales Volume (2020-2031)
- 1.2.3 Global Voice Coil Motor (VCM) Sales Price (2020-2031)
- 1.3 Voice Coil Motor (VCM) Market Trends & Drivers
- 1.3.1 Voice Coil Motor (VCM) Industry Trends
- 1.3.2 Voice Coil Motor (VCM) Market Drivers & Opportunity
- 1.3.3 Voice Coil Motor (VCM) Market Challenges
- 1.3.4 Voice Coil Motor (VCM) Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Voice Coil Motor (VCM) Players Revenue Ranking (2024)
- 2.2 Global Voice Coil Motor (VCM) Revenue by Company (2020-2025)
- 2.3 Global Voice Coil Motor (VCM) Players Sales Volume Ranking (2024)
- 2.4 Global Voice Coil Motor (VCM) Sales Volume by Company Players (2020-2025)
- 2.5 Global Voice Coil Motor (VCM) Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Voice Coil Motor (VCM) Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Voice Coil Motor (VCM) Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Voice Coil Motor (VCM)
- 2.9 Voice Coil Motor (VCM) Market Competitive Analysis
- 2.9.1 Voice Coil Motor (VCM) Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Voice Coil Motor (VCM) Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Voice Coil Motor (VCM) as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 AF
- 3.1.2 AF+OIS
- 3.1.3 Others
- 3.2 Global Voice Coil Motor (VCM) Sales Value by Type
- 3.2.1 Global Voice Coil Motor (VCM) Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Voice Coil Motor (VCM) Sales Value, by Type (2020-2031)
- 3.2.3 Global Voice Coil Motor (VCM) Sales Value, by Type (%) (2020-2031)
- 3.3 Global Voice Coil Motor (VCM) Sales Volume by Type
- 3.3.1 Global Voice Coil Motor (VCM) Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Voice Coil Motor (VCM) Sales Volume, by Type (2020-2031)
- 3.3.3 Global Voice Coil Motor (VCM) Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Voice Coil Motor (VCM) Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 <5M
- 4.1.2 5M-8M
- 4.1.3 9M-12M
- 4.1.4 13M-16M
- 4.1.5 16M-30M
- 4.1.6 >30M
- 4.2 Global Voice Coil Motor (VCM) Sales Value by Application
- 4.2.1 Global Voice Coil Motor (VCM) Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Voice Coil Motor (VCM) Sales Value, by Application (2020-2031)
- 4.2.3 Global Voice Coil Motor (VCM) Sales Value, by Application (%) (2020-2031)
- 4.3 Global Voice Coil Motor (VCM) Sales Volume by Application
- 4.3.1 Global Voice Coil Motor (VCM) Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Voice Coil Motor (VCM) Sales Volume, by Application (2020-2031)
- 4.3.3 Global Voice Coil Motor (VCM) Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Voice Coil Motor (VCM) Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Voice Coil Motor (VCM) Sales Value by Region
- 5.1.1 Global Voice Coil Motor (VCM) Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Voice Coil Motor (VCM) Sales Value by Region (2020-2025)
- 5.1.3 Global Voice Coil Motor (VCM) Sales Value by Region (2026-2031)
- 5.1.4 Global Voice Coil Motor (VCM) Sales Value by Region (%), (2020-2031)
- 5.2 Global Voice Coil Motor (VCM) Sales Volume by Region
- 5.2.1 Global Voice Coil Motor (VCM) Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Voice Coil Motor (VCM) Sales Volume by Region (2020-2025)
- 5.2.3 Global Voice Coil Motor (VCM) Sales Volume by Region (2026-2031)
- 5.2.4 Global Voice Coil Motor (VCM) Sales Volume by Region (%), (2020-2031)
- 5.3 Global Voice Coil Motor (VCM) Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Voice Coil Motor (VCM) Sales Value, 2020-2031
- 5.4.2 North America Voice Coil Motor (VCM) Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Voice Coil Motor (VCM) Sales Value, 2020-2031
- 5.5.2 Europe Voice Coil Motor (VCM) Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Voice Coil Motor (VCM) Sales Value, 2020-2031
- 5.6.2 Asia Pacific Voice Coil Motor (VCM) Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Voice Coil Motor (VCM) Sales Value, 2020-2031
- 5.7.2 South America Voice Coil Motor (VCM) Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Voice Coil Motor (VCM) Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Voice Coil Motor (VCM) Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Voice Coil Motor (VCM) Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Voice Coil Motor (VCM) Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Voice Coil Motor (VCM) Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Voice Coil Motor (VCM) Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Voice Coil Motor (VCM) Sales Value, 2020-2031
- 6.3.2 United States Voice Coil Motor (VCM) Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Voice Coil Motor (VCM) Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Voice Coil Motor (VCM) Sales Value, 2020-2031
- 6.4.2 Europe Voice Coil Motor (VCM) Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Voice Coil Motor (VCM) Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Voice Coil Motor (VCM) Sales Value, 2020-2031
- 6.5.2 China Voice Coil Motor (VCM) Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Voice Coil Motor (VCM) Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Voice Coil Motor (VCM) Sales Value, 2020-2031
- 6.6.2 Japan Voice Coil Motor (VCM) Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Voice Coil Motor (VCM) Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Voice Coil Motor (VCM) Sales Value, 2020-2031
- 6.7.2 South Korea Voice Coil Motor (VCM) Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Voice Coil Motor (VCM) Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Voice Coil Motor (VCM) Sales Value, 2020-2031
- 6.8.2 Southeast Asia Voice Coil Motor (VCM) Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Voice Coil Motor (VCM) Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Voice Coil Motor (VCM) Sales Value, 2020-2031
- 6.9.2 India Voice Coil Motor (VCM) Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Voice Coil Motor (VCM) Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 ALPS ALPINE
- 7.1.1 ALPS ALPINE Company Information
- 7.1.2 ALPS ALPINE Introduction and Business Overview
- 7.1.3 ALPS ALPINE Voice Coil Motor (VCM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 ALPS ALPINE Voice Coil Motor (VCM) Product Offerings
- 7.1.5 ALPS ALPINE Recent Development
- 7.2 Mitsumi
- 7.2.1 Mitsumi Company Information
- 7.2.2 Mitsumi Introduction and Business Overview
- 7.2.3 Mitsumi Voice Coil Motor (VCM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Mitsumi Voice Coil Motor (VCM) Product Offerings
- 7.2.5 Mitsumi Recent Development
- 7.3 TDK
- 7.3.1 TDK Company Information
- 7.3.2 TDK Introduction and Business Overview
- 7.3.3 TDK Voice Coil Motor (VCM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 TDK Voice Coil Motor (VCM) Product Offerings
- 7.3.5 TDK Recent Development
- 7.4 JAHWA
- 7.4.1 JAHWA Company Information
- 7.4.2 JAHWA Introduction and Business Overview
- 7.4.3 JAHWA Voice Coil Motor (VCM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 JAHWA Voice Coil Motor (VCM) Product Offerings
- 7.4.5 JAHWA Recent Development
- 7.5 SEMCO
- 7.5.1 SEMCO Company Information
- 7.5.2 SEMCO Introduction and Business Overview
- 7.5.3 SEMCO Voice Coil Motor (VCM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 SEMCO Voice Coil Motor (VCM) Product Offerings
- 7.5.5 SEMCO Recent Development
- 7.6 Hozel
- 7.6.1 Hozel Company Information
- 7.6.2 Hozel Introduction and Business Overview
- 7.6.3 Hozel Voice Coil Motor (VCM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Hozel Voice Coil Motor (VCM) Product Offerings
- 7.6.5 Hozel Recent Development
- 7.7 ZET
- 7.7.1 ZET Company Information
- 7.7.2 ZET Introduction and Business Overview
- 7.7.3 ZET Voice Coil Motor (VCM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 ZET Voice Coil Motor (VCM) Product Offerings
- 7.7.5 ZET Recent Development
- 7.8 New Shicoh Motor
- 7.8.1 New Shicoh Motor Company Information
- 7.8.2 New Shicoh Motor Introduction and Business Overview
- 7.8.3 New Shicoh Motor Voice Coil Motor (VCM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 New Shicoh Motor Voice Coil Motor (VCM) Product Offerings
- 7.8.5 New Shicoh Motor Recent Development
- 7.9 Shanghai B.L Electronics
- 7.9.1 Shanghai B.L Electronics Company Information
- 7.9.2 Shanghai B.L Electronics Introduction and Business Overview
- 7.9.3 Shanghai B.L Electronics Voice Coil Motor (VCM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Shanghai B.L Electronics Voice Coil Motor (VCM) Product Offerings
- 7.9.5 Shanghai B.L Electronics Recent Development
- 7.10 Sanmeida Optical Technology
- 7.10.1 Sanmeida Optical Technology Company Information
- 7.10.2 Sanmeida Optical Technology Introduction and Business Overview
- 7.10.3 Sanmeida Optical Technology Voice Coil Motor (VCM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Sanmeida Optical Technology Voice Coil Motor (VCM) Product Offerings
- 7.10.5 Sanmeida Optical Technology Recent Development
- 7.11 Hysonic
- 7.11.1 Hysonic Company Information
- 7.11.2 Hysonic Introduction and Business Overview
- 7.11.3 Hysonic Voice Coil Motor (VCM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Hysonic Voice Coil Motor (VCM) Product Offerings
- 7.11.5 Hysonic Recent Development
- 7.12 LG Innotek
- 7.12.1 LG Innotek Company Information
- 7.12.2 LG Innotek Introduction and Business Overview
- 7.12.3 LG Innotek Voice Coil Motor (VCM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 LG Innotek Voice Coil Motor (VCM) Product Offerings
- 7.12.5 LG Innotek Recent Development
8 Industry Chain Analysis
- 8.1 Voice Coil Motor (VCM) Industrial Chain
- 8.2 Voice Coil Motor (VCM) Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Voice Coil Motor (VCM) Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Voice Coil Motor (VCM) Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer