Camera Module Actuator Research: at a CAGR of -0.02% during the forecast period of 2024 through 2031 QY

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Camera Module Actuator Research: at a CAGR of -0.02% during the forecast period of 2024 through 2031

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Camera Module Actuator- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Camera Module Actuator was estimated to be worth US$ 3708 million in 2024 and is forecast to a readjusted size of US$ 4329 million by 2031 with a CAGR of 2.3% during the forecast period 2025-2031.

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https://www.qyresearch.com/reports/4409366/camera-module-actuator

Camera Module Actuator Market Summary

Camera Module Actuator is a key component in the smartphone camera system, used to precisely control the movement of the lens to achieve functions such as automatic aiming and optical image stabilization. These Actuators can help the camera module adjust the lens position and record sound. Mobile phone cameras usually include different types such as Voice Coil Motor (VCM) and Shape Memory Alloy (SMA).

The global Camera Module Actuator market was valued at US$ 4,323.61 million in 2024 and is anticipated to reach US$ 5,413.52 million by 2031, witnessing a CAGR of -0.31% during the forecast period 2026-2031.

North American market for Camera Module Actuator is estimated to increase from $ 354.41 million in 2024 to reach $ 391.48 million by 2031, at a CAGR of -3.48% during the forecast period of 2024 through 2031.

Asia (excluding China) market for Camera Module Actuator is estimated to increase from $ 2,288.49 million in 2024 to reach $ 2,892.55 million by 2031, at a CAGR of -0.02% during the forecast period of 2024 through 2031.

The major global manufacturers of Camera Module Actuator include Alps Alpine, Mitsumi, TDK, SEMCO, Jahwa Electronics, LG Innotek, ZET, New Shicoh Motor, Haesung Optics, MCNEX, Hozel, Shanghai B.L Electronics, IM, Sanmeda Optical Technology, JIANGXIN MICRO MOTOR, ROE, TOK, ActRO, etc. In 2024, the world's top five vendors accounted for approximately 50.12% of the revenue.

Figure00001. Global Camera Module Actuator Market Size (US$ Million), 2020-2031

Camera Module Actuator

Above data is based on report from QYResearch: Global Camera Module Actuator Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

Figure00002. Global Camera Module Actuator Top 18 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Camera Module Actuator

Above data is based on report from QYResearch: Global Camera Module Actuator Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

This report profiles key players of Camera Module Actuator such as Alps Alpine, Mitsumi, TDK, SEMCO, Jahwa Electronics.

In 2024, the global top five Camera Module Actuator players account for 50.12% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Camera Module Actuator.

Figure00003. Camera Module Actuator, Global Market Size, Split by Product Segment

Camera Module Actuator

Based on or includes research from QYResearch: Global Camera Module Actuator Market Report 2024-2030.

In terms of product type, VCM is the largest segment, hold a share of 77.92%.

In terms of product application, Mid-range Smartphones is the largest application, hold a share of 52.58%.

Key Trends

VCM Penetration Gradually Increasing in Mid-Range Smartphones

The penetration of Voice Coil Motors (VCM) in mid-range smartphones is on the rise, driven by the growing consumer demand for enhanced camera performance within this market segment.

Mid-range smartphones are incorporating more advanced camera systems that require reliable image stabilization and fast autofocus to compete with higher-end models. VCMs provide these functionalities at a cost-effective price point, making them ideal for mid-range devices.

VCMs offer a balance of performance and affordability, allowing mid-range smartphones to deliver improved camera capabilities without significantly increasing the device's cost. This makes VCM a practical choice for manufacturers aiming to offer high-quality imaging features in a budget-friendly device.

Smartphone SMA Camera Actuator in Volume Production with Low Yield

The SMA Smartphone Camera Actuator was launched by a UK-based VCM design company called Cambridge Mechatronics and is currently being mass-produced by TDK in Japan and Shanghai B.L Electronics through a patent license. Up to now, SMA Smartphone Camera Actuator has obvious shortcomings. On the one hand, there is the problem of mass production yield, whether it is TDK or B.L., the two manufacturers of SMA motor mass production yield can’t reach the yield of ordinary VCM motors, resulting in high unit price of the product.

The consequences include increased production costs due to higher scrap rates and additional quality checks, which can affect the overall profitability and efficiency of the production run.

High-end product yield climb slow problem, is also renewed to lengthen the global manufacturers to achieve the timeline of mass production.

The Smartphone Camera Actuator Industry Tends to be Concentrated

The smartphone camera actuator industry is experiencing a trend towards concentration, characterized by dominant players gaining significant market share.

Leading companies in the industry possess advanced technological capabilities and expertise in developing high-performance actuators, such as VCM and SMA, for sophisticated camera systems. Their ability to innovate and deliver cutting-edge solutions gives them a competitive edge, leading to increased market share.

Smartphone camera actuator industry is driven by technological leadership, cost advantages, strategic business moves, and high entry barriers, resulting in a few key players dominating the market.

Increased Competition in the Mid- and Low-end Smartphone Segment Risks

As the leading international VCM enterprises in Japan and South Korea have occupied a high market share in the field of VCM motors for mid-to-high-end smartphones by virtue of their strong financial and technological strength, brand awareness and market position, the competition field of the products of some manufacturers in China is currently focused on mid-to-low-end products, which has resulted in a high degree of product homogeneity in the VCM industry in China.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Camera Module Actuator market is segmented as below:
By Company
Alps Alpine
Mitsumi
TDK
SEMCO
Jahwa Electronics
LG Innotek
ZET
New Shicoh Motor
Haesung Optics
MCNEX
Hozel
Shanghai B.L Electronics
IM
Sanmeda Optical Technology
JIANGXIN MICRO MOTOR
ROE
TOK

Segment by Type
VCM
SMA

Segment by Application
Low-end Smartphones
Mid-range Smartphones
High-end Smartphones

Each chapter of the report provides detailed information for readers to further understand the Camera Module Actuator market:

Chapter 1: Introduces the report scope of the Camera Module Actuator report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Camera Module Actuator manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Camera Module Actuator market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Camera Module Actuator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Camera Module Actuator in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

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