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 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.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- 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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