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Linear Vibration Motor Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Linear Vibration Motor Market: By Product Type (Moving- magnet type, Moving- iron type and Moving- coil type); Applications (Cellphones, Loudspeaker, Game Device and Others); and Region)—Industry Dynamics, Market Size and Opportunity Forecast 2023-2031

  • Published Date: 07-Mar-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0222150  | Delivery: 2 to 4 Hours
INFOGRAPHIC:
Linear Vibration Motor Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2022US$ 1,590.4 Mn
Expected Revenue in 2031US$ 3,511.64 Mn
Historic Data2018-2021
Base Year2022
Forecast Period2023-2031
UnitValue (USD Mn)
CAGR9.2% 
Segments coveredBy Product Type, By Applications, By Region
Key Companies                                              Samsung, Nidec Corporation, DMEGC, Sanyo, AAC Technologies, KOTL - Jinlong Machinery & Electronics Co., Ltd, NPF Motor, Baolong Electronic Groups, JAHWA, Other Prominent Players
Customization ScopeGet your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

Linear vibration motors or linear resonant actuators are precision vibration motors that can produce an oscillating force across a single axis.

Linear vibration motors can be used in a wide range of products such as cellphones, loudspeakers, game devices, and GPS among others.

Global Linear Vibration Motors Market was valued at US$ 1,590.4 Mn in 2022.

Global Linear Vibration Motors Market is estimated to witness a CAGR of 9.2% over the forecast period 2023-2031.

The growing impetus of the Global Linear Vibration Motors Market is attributed to continuous growth in the adoption of smart wearables.

Potential application of linear vibration motors in automotive is an emerging opportunity in the Global Linear Vibration Motors Market.

Eccentric Rotating Mass (ERM) Vibration Motor is one of the major substitutes of linear vibration motor in the consumer electronics industry due to its low cost, thus challenging the market growth of linear vibration motors.

Moving-magnetic type of linear vibration motors have the highest market share in 2022.

Cellphones have the highest application in the linear vibration motor market.

Asia Pacific dominates the global linear vibration motor market.

The key players in the global linear vibration market are key players that include, Samsung, Nidec Corporation, DMEGC, Sanyo, AAC Technologies, KOTL, and JAHWA among others.

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