Market Overview:
The global VCM driver market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smartphones and tablets, and the growing trend of miniaturization in these devices. In addition, the increasing demand for 3D sensing modules is also contributing to the growth of this market. The global VCM driver market can be segmented on the basis of type into open loop VCM driver ICs, close loop VCM driver ICs, and OIS (optical image stabilization) VCM drivers ICs. The open loop type is expected to hold a major share of this market during the forecast period owing to its low cost and easy implementation. However, close loop type VCMs are gaining popularity due to their superior performance as compared with open loop types. On the basis of application,the global VCM driver market can be divided into iOS systems, Android systems,,and other systems such as automotive electronics and medical devices .
Product Definition:
VCM Driver is a software component that enables communication between the vehicle's ECU and diagnostic equipment. The VCM Driver is important because it allows technicians to diagnose and repair vehicles using scan tools.
Open Loop VCM Driver IC:
Open-loop VCM driver IC is used to implement voltage control functions in electronic devices. It’s major applications are found in power supplies, LCD displays, LED drivers and other general-purpose IOs. The growth factor for this market is the increasing demand for energy efficiency across all sectors such as consumer goods & electronics, automotive industry and industrial equipment among others.
Close Loop VCM Driver IC:
The close loop VCM driver IC is used to control the valve and its position in the closed-loop. It provides a better stability, precision and accuracy for controlling the flow of gases or liquids through valves. The major advantage of using this type of driver is that it can reduce power consumption by up to 50% when compared with conventional drivers.
Application Insights:
The other system segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Other systems include embedded system, PC/laptop/notebook systems, consumer electronics products etc. The growth of this segment can be attributed to increasing demand for VCM drivers from various application areas such as IOS System, Android System and Other Systems.
The demand for VCM driver is high in developed regions such as North America and Europe; however, the penetration rate is low in developing regions such as Asia Pacific and Middle East & Africa which will lead to an increase in market growth over the coming years. The introduction of advanced technology with innovative features has increased acceptance among consumers; this factor will have a positive impact on industry growth during the forecast period (2018-2030).
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of major VCM driver manufacturers such as Maxim, Texas Instruments, and Silicon Lab. These companies are continuously developing new products and technologies to enhance product offerings for end-use industries such as industrial automation, medical devices & sensors, consumer electronics among others. Moreover, increasing penetration rates of smart grid technology coupled with growing demand for energy management solutions is expected to drive regional growth over the forecast period.
Asia Pacific region is anticipated to witness lucrative CAGR during the forecast period owing to rising adoption across various industry verticals including healthcare & life sciences.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for VCM drivers, as they are used in electric vehicles.
- Rising awareness about environment-friendly technologies: There is a growing awareness among consumers about the benefits of using environment-friendly technologies such as electric vehicles. This is leading to an increase in the demand for VCM drivers, as they are used in electric vehicles.
- Technological advancements: The technological advancements taking place in the automotive industry are resulting in new and innovative products being launched into the market. This is leading to an increase in the demand for VCM drivers, as they are used in these products.
Scope Of The Report
Report Attributes
Report Details
Report Title
VCM Driver Market Research Report
By Type
Open Loop VCM Driver IC, Close Loop VCM Driver IC, OIS VCM Driver IC
By Application
IOS System, Android System, Other System
By Companies
DONGWOON, ROHM Semiconductor, ZINITIX, AKM, ON Semiconductor, Giantec Semiconductor, Jadard Technology
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global VCM Driver Market Report Segments:
The global VCM Driver market is segmented on the basis of:
Types
Open Loop VCM Driver IC, Close Loop VCM Driver IC, OIS VCM Driver IC
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
IOS System, Android System, Other System
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:
- DONGWOON
- ROHM Semiconductor
- ZINITIX
- AKM
- ON Semiconductor
- Giantec Semiconductor
- Jadard Technology
Highlights of The VCM Driver 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:
- Open Loop VCM Driver IC
- Close Loop VCM Driver IC
- OIS VCM Driver IC
- By Application:
- IOS System
- Android System
- Other System
- 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 VCM Driver 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
VCM Driver is a Windows driver that enables communication between the VCM and the PC.
Some of the major companies in the vcm driver market are DONGWOON, ROHM Semiconductor, ZINITIX, AKM, ON Semiconductor, Giantec Semiconductor, Jadard Technology.
The vcm driver market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 VCM Driver 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 VCM Driver Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 VCM Driver 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 VCM Driver 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 VCM Driver Market Size & Forecast, 2018-2028
4.5.1 VCM Driver Market Size and Y-o-Y Growth
4.5.2 VCM Driver Market Absolute $ Opportunity
Chapter 5 Global VCM Driver 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 VCM Driver Market Size Forecast by Type
5.2.1 Open Loop VCM Driver IC
5.2.2 Close Loop VCM Driver IC
5.2.3 OIS VCM Driver IC
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global VCM Driver 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 VCM Driver Market Size Forecast by Applications
6.2.1 IOS System
6.2.2 Android System
6.2.3 Other System
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global VCM Driver 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 VCM Driver 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 VCM Driver Analysis and Forecast
9.1 Introduction
9.2 North America VCM Driver 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 VCM Driver Market Size Forecast by Type
9.6.1 Open Loop VCM Driver IC
9.6.2 Close Loop VCM Driver IC
9.6.3 OIS VCM Driver IC
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 VCM Driver Market Size Forecast by Applications
9.10.1 IOS System
9.10.2 Android System
9.10.3 Other System
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 VCM Driver Analysis and Forecast
10.1 Introduction
10.2 Europe VCM Driver 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 VCM Driver Market Size Forecast by Type
10.6.1 Open Loop VCM Driver IC
10.6.2 Close Loop VCM Driver IC
10.6.3 OIS VCM Driver IC
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 VCM Driver Market Size Forecast by Applications
10.10.1 IOS System
10.10.2 Android System
10.10.3 Other System
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 VCM Driver Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific VCM Driver 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 VCM Driver Market Size Forecast by Type
11.6.1 Open Loop VCM Driver IC
11.6.2 Close Loop VCM Driver IC
11.6.3 OIS VCM Driver IC
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 VCM Driver Market Size Forecast by Applications
11.10.1 IOS System
11.10.2 Android System
11.10.3 Other System
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 VCM Driver Analysis and Forecast
12.1 Introduction
12.2 Latin America VCM Driver 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 VCM Driver Market Size Forecast by Type
12.6.1 Open Loop VCM Driver IC
12.6.2 Close Loop VCM Driver IC
12.6.3 OIS VCM Driver IC
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 VCM Driver Market Size Forecast by Applications
12.10.1 IOS System
12.10.2 Android System
12.10.3 Other System
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) VCM Driver Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) VCM Driver 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) VCM Driver Market Size Forecast by Type
13.6.1 Open Loop VCM Driver IC
13.6.2 Close Loop VCM Driver IC
13.6.3 OIS VCM Driver IC
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) VCM Driver Market Size Forecast by Applications
13.10.1 IOS System
13.10.2 Android System
13.10.3 Other System
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 VCM Driver Market: Competitive Dashboard
14.2 Global VCM Driver Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DONGWOON
14.3.2 ROHM Semiconductor
14.3.3 ZINITIX
14.3.4 AKM
14.3.5 ON Semiconductor
14.3.6 Giantec Semiconductor
14.3.7 Jadard Technology
