Market Overview:
The global linear voice coil motor actuators market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for linear voice coil motor actuators in optical systems, semiconductor equipment, vibration control and other applications. Additionally, the growing demand for miniaturized and high-performance devices is also contributing to the growth of this market. However, factors such as limited range of motion and high manufacturing costs are restraining the growth of this market.
Product Definition:
A linear voice coil motor actuator moves a load in a straight line by using an electric current to create a magnetic field that interacts with the permanent magnets in the actuator. The strength of the magnetic field determines how far the actuator moves. Linear voice coil motor actuators are important because they can be used to precisely control movement of loads in many applications, such as manufacturing and laboratory automation.
Moving Coil Type:
The moving coil type is a magnetic reluctance device which has two coils wound around a single core. It produces an electrical current as the metal of the coiled wires repels or attracts nearby electrons. The attraction causes an electric charge to flow through the circuit, this is called as induction and it can be used for various applications like sound recording, radio transmission and reception, etc.
Moving Magnet Type:
The moving magnet type linear voice coil motor actuators are widely used in the medical industry for various applications such as ventilators, anesthesia machines, and patient monitors. The increasing demand for these products is attributed to their benefits which include compact size & lightweight design, low maintenance cost and high efficiency.
Application Insights:
The optical system segment dominated the global market in 2017. The segment is projected to witness significant growth over the forecast period owing to its rising adoption in various end-use applications, such as projectors, laser scanners and CCD cameras. Optical systems are used for a variety of purposes including scanning barcodes and identifying labels, reading data from optical discs or tapes using read-only memory devices (RO MEMS), tracking moving objects on a display screen using an image sensor array and recognizing numbers by making use of OCR technology.
The semiconductor equipment segment is anticipated to exhibit lucrative growth over the next eight years owing to increasing demand for high performance chips from various industries worldwide. Semiconductor equipment includes integrated circuits as well as other related components that are used in electronic devices; these components require low power consumption along with high precision manufacturing processes necessitated by their small size and complex shapes required for device packaging.
Regional Analysis:
The Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising demand from end-use industries such as electronics, automotive, medical & healthcare, and others. In addition, increasing penetration of high-speed trains across countries such as China and Japan are anticipated to drive the regional market further.
North America is projected to witness significant growth over the forecast period owing to growing adoption of Linear Actuators in Optical Systems (LAS) industry for long haul transportation applications such as intercity buses & coaches and freight trains. Moreover, presence of major players with extensive product portfolios will also support regional growth during the estimated time span.
Growth Factors:
- Increasing demand for linear voice coil motor actuators in the automotive industry for power window regulators, sunroofs, and seat adjustment systems.
- Growing demand from the medical device industry for linear voice coil motor actuators in applications such as prosthetic devices, drug delivery systems, and surgical instruments.
- Rising popularity of electric vehicles which require linear voice coil motor actuators for power windows, seats, and sunroofs.
- Increasing use of linear voice coil motor actuators in home appliances such as dishwashers and washing machines.
Scope Of The Report
Report Attributes
Report Details
Report Title
Linear Voice Coil Motor Actuators Market Research Report
By Type
Moving Coil Type, Moving Magnet Type
By Application
Optical System, Semiconductor Equipment, Vibration Control, Others
By Companies
Sensata, SMAC, Hitachi Metals, PI (Physik Instrumente), Akribis, Thorlabs, Inc., Tongmao Electronics, Celera Motion, Airex, H2W Technologies, PBA Systems, MotiCont, Motran Industries Inc, Geeplus, Equipment Solutions, Inc, Stanford Magnets, Optimal Engineering Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Linear Voice Coil Motor Actuators Market Report Segments:
The global Linear Voice Coil Motor Actuators market is segmented on the basis of:
Types
Moving Coil Type, Moving Magnet Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Optical System, Semiconductor Equipment, Vibration Control, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sensata
- SMAC
- Hitachi Metals
- PI (Physik Instrumente)
- Akribis
- Thorlabs, Inc.
- Tongmao Electronics
- Celera Motion
- Airex
- H2W Technologies
- PBA Systems
- MotiCont
- Motran Industries Inc
- Geeplus
- Equipment Solutions, Inc
- Stanford Magnets
- Optimal Engineering Systems
Highlights of The Linear Voice Coil Motor Actuators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Moving Coil Type
- Moving Magnet Type
- By Application:
- Optical System
- Semiconductor Equipment
- Vibration Control
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Linear Voice Coil Motor Actuators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Linear voice coil motor actuators are used in a variety of applications, such as robotics and industrial machinery. These actuators use linear motors to create motion, which makes them ideal for applications that require precise movement.
Some of the key players operating in the linear voice coil motor actuators market are Sensata, SMAC, Hitachi Metals, PI (Physik Instrumente), Akribis, Thorlabs, Inc., Tongmao Electronics, Celera Motion, Airex, H2W Technologies, PBA Systems, MotiCont, Motran Industries Inc, Geeplus, Equipment Solutions, Inc, Stanford Magnets, Optimal Engineering Systems.
The linear voice coil motor actuators market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Linear Voice Coil Motor Actuators Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Linear Voice Coil Motor Actuators Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Linear Voice Coil Motor Actuators Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Linear Voice Coil Motor Actuators Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Linear Voice Coil Motor Actuators Market Size & Forecast, 2018-2028 4.5.1 Linear Voice Coil Motor Actuators Market Size and Y-o-Y Growth 4.5.2 Linear Voice Coil Motor Actuators Market Absolute $ Opportunity
Chapter 5 Global Linear Voice Coil Motor Actuators Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Linear Voice Coil Motor Actuators Market Size Forecast by Type
5.2.1 Moving Coil Type
5.2.2 Moving Magnet Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Linear Voice Coil Motor Actuators Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Linear Voice Coil Motor Actuators Market Size Forecast by Applications
6.2.1 Optical System
6.2.2 Semiconductor Equipment
6.2.3 Vibration Control
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Linear Voice Coil Motor Actuators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Linear Voice Coil Motor Actuators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Linear Voice Coil Motor Actuators Analysis and Forecast
9.1 Introduction
9.2 North America Linear Voice Coil Motor Actuators Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Linear Voice Coil Motor Actuators Market Size Forecast by Type
9.6.1 Moving Coil Type
9.6.2 Moving Magnet Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Linear Voice Coil Motor Actuators Market Size Forecast by Applications
9.10.1 Optical System
9.10.2 Semiconductor Equipment
9.10.3 Vibration Control
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Linear Voice Coil Motor Actuators Analysis and Forecast
10.1 Introduction
10.2 Europe Linear Voice Coil Motor Actuators Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Linear Voice Coil Motor Actuators Market Size Forecast by Type
10.6.1 Moving Coil Type
10.6.2 Moving Magnet Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Linear Voice Coil Motor Actuators Market Size Forecast by Applications
10.10.1 Optical System
10.10.2 Semiconductor Equipment
10.10.3 Vibration Control
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Linear Voice Coil Motor Actuators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Linear Voice Coil Motor Actuators Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Linear Voice Coil Motor Actuators Market Size Forecast by Type
11.6.1 Moving Coil Type
11.6.2 Moving Magnet Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Linear Voice Coil Motor Actuators Market Size Forecast by Applications
11.10.1 Optical System
11.10.2 Semiconductor Equipment
11.10.3 Vibration Control
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Linear Voice Coil Motor Actuators Analysis and Forecast
12.1 Introduction
12.2 Latin America Linear Voice Coil Motor Actuators Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Linear Voice Coil Motor Actuators Market Size Forecast by Type
12.6.1 Moving Coil Type
12.6.2 Moving Magnet Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Linear Voice Coil Motor Actuators Market Size Forecast by Applications
12.10.1 Optical System
12.10.2 Semiconductor Equipment
12.10.3 Vibration Control
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Linear Voice Coil Motor Actuators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Linear Voice Coil Motor Actuators Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Linear Voice Coil Motor Actuators Market Size Forecast by Type
13.6.1 Moving Coil Type
13.6.2 Moving Magnet Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Linear Voice Coil Motor Actuators Market Size Forecast by Applications
13.10.1 Optical System
13.10.2 Semiconductor Equipment
13.10.3 Vibration Control
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Linear Voice Coil Motor Actuators Market: Competitive Dashboard
14.2 Global Linear Voice Coil Motor Actuators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sensata
14.3.2 SMAC
14.3.3 Hitachi Metals
14.3.4 PI (Physik Instrumente)
14.3.5 Akribis
14.3.6 Thorlabs, Inc.
14.3.7 Tongmao Electronics
14.3.8 Celera Motion
14.3.9 Airex
14.3.10 H2W Technologies
14.3.11 PBA Systems
14.3.12 MotiCont
14.3.13 Motran Industries Inc
14.3.14 Geeplus
14.3.15 Equipment Solutions, Inc
14.3.16 Stanford Magnets
14.3.17 Optimal Engineering Systems