Voice Coil Motors (VCM) Sales Market Update Report 2024 | Industry Trends, Demand, Leading Companies and Segmentation till 2032

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.

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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.

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  • Market Coverage
  • Market number available for – 2024-2031
  • Base year- 2024
  • Forecast period- 2024-2031
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Global Voice Coil Motors Sales Market Report Segment

By Driver Type 

  • Linear Voice Coil Motor
  • Rotatory Voice Coil Motor

By Application 

  • Shaker
  • Speakers
  • Oscillatory Systems
  • Lens Focus

By End-Users 

  • Building & Construction
  • IT & Telecom
  • Aerospace & Defense
  • Industrial
  • Others

Global Voice Coil Motors Sales Market Report Segment by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

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.

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