Voice Coil Motor (VCM) Producers and VCM Market Trend

Voice Coil Motor (VCM) is a linear DC motor, which is a device used to push the lens to move and produce auto-focus. The electromagnetic thrust generated by the energized coil under the action of the permanent magnetic field and the reaction force generated by the front and rear reed deformation interact to form a combined force to drive the lens group to move back and forth to play the role of focusing, to achieve the purpose of clear images. VCM can be divided into open loop VCM, bi-direction VCM, close loop VCM, OIS VCM, optical image stabilization VCM, zoom VCM.

Global VCM market size was 1.75 billion units in 2017, and the global VCM market size is 1.68 billion units in 2022, with a CAGR of -0.8% from 2017 to 2022. The market demand has declined due to the impact of COVID-19. With the COVID-19 under control and the development of 5G, the global VCM market is expected to reach 1.77 billion units in 2027, with a CAGR of 1.0% from 2022 to 2027.

There are hundreds of VCM manufacturers around the world, mainly located at Japan, Korea, and China. TDK, ALPS, and MITSUMI dominate the market and occupy more than 47% market share. Other participating companies include Hozel, SEMCO, JAHWA, ZET, New Shicoh, BILLU.
VCM is mainly used in the smartphone market, accounting for 84.2%. It is followed by tablets with 13.8%.