The global Voice Coil Motor Driver Chips Market size was valued at US$ 678 million in 2024 and is projected to reach US$ 1.12 billion by 2032, at a CAGR of 7.3% during the forecast period 2025-2032

Voice Coil Motor Driver Chips Market Overview

After a strong growth of 26.2% in 2021, the World Semiconductor Trade Statistics (WSTS) revised its forecast to single-digit growth in 2022, due to rising inflation and weakening demand in end markets—particularly those linked to consumer spending.

The global semiconductor market reached a total size of USD 580 billion in 2022, marking a year-over-year (YoY) growth of 4.4%.

Segment-Wise Performance (YoY Growth in 2022)

• Analog: +20.8%

• Sensors: +16.3%

• Logic: +14.5%

• Memory: -12.6%

Regional Sales Performance in 2022

• Americas:

  • Sales: USD 142.1 billion

  • Growth: +17.0% YoY

• Europe:

  • Sales: USD 53.8 billion

  • Growth: +12.6% YoY

• Japan:

  • Sales: USD 48.1 billion

  • Growth: +10.0% YoY

• Asia Pacific (Largest Region):

  • Sales: USD 336.2 billion

  • Decline: -2.0% YoY

We have surveyed the Voice Coil Motor Driver Chips manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks
This report aims to provide a comprehensive presentation of the global market for Voice Coil Motor Driver Chips, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Voice Coil Motor Driver Chips. This report contains market size and forecasts of Voice Coil Motor Driver Chips in global, including the following market information:

• Global Voice Coil Motor Driver Chips market revenue, 2020-2025, 2026-2032, ($ millions)
• Global Voice Coil Motor Driver Chips market sales, 2020-2025, 2026-2032, (K Units)
• Global top five Voice Coil Motor Driver Chips companies in 2024 (%)

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Voice Coil Motor Driver Chips Key Market Trends  :

• Growing Demand in Mobile Devices
  Increasing integration of voice coil motor (VCM) drivers in smartphones and tablets is driving market growth.

• Shift Towards Optical Anti-Shake Technology
  The adoption of optical image stabilization (OIS) is pushing demand for optical anti-shake VCM driver chips.

• Focus on Energy-Efficient Designs
  Manufacturers are innovating to deliver low-power VCM driver chips for battery-sensitive devices.

• Increasing Use in Compact Camera Modules
  Miniaturization trends in electronics are expanding applications for VCM drivers in slimmer camera modules.

• Geographical Shift in Production & Demand
  Though Asia-Pacific leads manufacturing, regions like North America and Europe are seeing higher adoption in consumer devices.

Voice Coil Motor Driver Chips Market Segmentation :

Global Voice Coil Motor Driver Chips market, by Type, 2020-2025, 2026-2032 ($ millions) & (K Units)
Global Voice Coil Motor Driver Chips market segment percentages, by Type, 2024 (%)

• Open-loop Voice Coil Motor Driver Ic
• Closed-loop Voice Coil Motor Driver Chip
• Optical Anti-shake Voice Coil Motor Driver Chip

Global Voice Coil Motor Driver Chips market, by Application, 2020-2025, 2026-2032 ($ Millions) & (K Units)
Global Voice Coil Motor Driver Chips market segment percentages, by Application, 2024 (%)

• Mobile Phone
• Tablet Computer
• Others

Competitor Analysis
The report also provides analysis of leading market participants including:

• Key companies Voice Coil Motor Driver Chips revenues in global market, 2020-2025 (estimated), ($ millions)
• Key companies Voice Coil Motor Driver Chips revenues share in global market, 2024 (%)
• Key companies Voice Coil Motor Driver Chips sales in global market, 2020-2025 (estimated), (K Units)
• Key companies Voice Coil Motor Driver Chips sales share in global market, 2024 (%)

Further, the report presents profiles of competitors in the market, key players include:

• DONGWOON
• ZINITIX
• ROHM Semiconductor
• AKM
• ON Semiconductor
• Fitipower
• Giantec Semiconductor
• Chipsemicorp

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FAQs

Q1. What are the key driving factors and opportunities in the Voice Coil Motor Driver Chips market?
A: Key drivers include smartphone growth, camera enhancements, and energy-efficient designs. Opportunities lie in wearables, automotive systems, and IoT imaging devices.

Q2. Which region is projected to have the largest market share?
A: Asia-Pacific holds the largest share due to high manufacturing capacity and smartphone demand, despite a slight decline in recent years.

Q3. Who are the top players in the global Voice Coil Motor Driver Chips market?
A: Leading companies include ON Semiconductor, Texas Instruments, Rohm Semiconductor, Analog Devices, and Samsung Electro-Mechanics.

Q4. What are the latest technological advancements in the industry?
A: Advances include optical anti-shake chips, closed-loop control systems, and ultra-low power ICs for compact camera modules.

Q5. What is the current size of the global Voice Coil Motor Driver Chips market?
A: The market was valued at US$ 678 million in 2024 and is forecasted to reach US$ 1.12 billion by 2032, growing at a CAGR of 7.3%.