DUBLIN–(BUSINESS WIRE)–The “Global Linear Vibration Motor Market, By Product Type (Moving Iron Type, Moving Magnet Type, Moving Coil Type), By Application (Cellphones, Loudspeaker, Game Device, Others), Estimation & Forecast, 2017 – 2027” report has been added to ResearchAndMarkets.com’s offering.
The global linear vibration motor market was valued at USD 1,397.8 Million in 2020 and is projected to reach USD 2,498.0 Million by the year 2027. The market is expected to register a CAGR of 9.2% during the forecast period.
Linear vibration motors or linear resonant actuators are precision vibration motors that can produce an oscillating force across a single axis. The market is expected to be driven by continued growth in the adoption of smart wearables. The increasing adoption of smartphones and high demand for game devices is expected to boost the market growth. However, the low-cost alternative of eccentric rotating mass (ERM) vibration motor is anticipated to hinder the market growth.
Growth Influencers:
Continued growth in the adoption of smart wearables.
Manufacturing smart wearable requires linear vibration motors. These are majorly used for manufacturing smartphones. The rising adoption of smartphones globally is expected to boost market growth. Also, the adoption of smart wearables is increasing due to technological developments by market players. In addition, the number of the connected wearable device is anticipated to grow to more than 1.1 billion in 2022 as the world moves from 4G to 5G. All these factors are estimated to boost market growth.
Companies Mentioned
Nidec Corporation AAC Technologies Samsung KOTL Sanyo DMEGC JAHWA Other players Baolong Electronic Groups Tekceleo NPF Motor Oriental Motor Jinlong Machinery & Electronics Co., Ltd Saideep Technology Erbessd Instruments Technologies Inc The global Linear vibration motor market report answers questions such as:
What is the market size and forecast of the Global Linear vibration motor Market? What are the inhibiting factors and impact of COVID-19 on the Global Linear vibration motor Market during the assessment period? Which are the products/segments/applications/areas to invest in over the assessment period in the Global Linear vibration motor Market? What is the competitive strategic window for opportunities in the Global Linear vibration motor Market? What are the technology trends and regulatory frameworks in the Global Linear vibration motor Market? What is the market share of the leading players in the Global Linear vibration motor Market? What modes and strategic moves are considered favorable for entering the Global Linear vibration motor Market? Key Topics Covered:
Chapter 1. Research Framework
Chapter 2. Executive Summary: Global Linear Vibration Motor Market
Chapter 3. Global Linear Vibration Motor Market Overview
3.1. Industry Value Chain Analysis
3.2. Industry Outlook
3.3. PESTLE Analysis
3.4. Porter’s Five Forces Analysis
3.5. Market Dynamics and Trends
3.6. Market Growth and Outlook
3.7. Covid-19 Impact Assessment on Market Growth Trend
3.8. Regulatory Landscape
Chapter 4. Competition Dashboard
4.1. Market Concentration Rate
4.2. Company Market Share Analysis (Value %), 2020
4.3. Competitor Mapping
Chapter 5. Linear Vibration Motor Market Analysis, By Product Type
5.1. Key Insights
5.2. Market Size and Forecast, 2017 – 2027 (US$ Mn and Mn Units)
Chapter 6. Linear Vibration Motor Market Analysis, By Application
6.1. Key Insights
6.2. Market Size and Forecast, 2017 – 2027 (US$ Mn and Mn Units) &
Chapter 7. Linear Vibration Motor Market Analysis, By Region
10.1. Key Insights
10.2. Market Size and Forecast, 2017 – 2027 (US$ Mn and Mn Units)
Chapter 8. North America Linear Vibration Motor Market Analysis
11.1. Key Insights
11.2. Market Size and Forecast, 2017 – 2027 (US$ Mn and Mn Units)
Chapter 9. Europe Linear Vibration Motor Market Analysis
12.1. Key Insights
12.2. Market Size and Forecast, 2017 – 2027 (US$ Mn and Mn Units)
Chapter 10. Asia Pacific Linear Vibration Motor Market Analysis
13.1. Key Insights
13.2. Market Size and Forecast, 2017 – 2027 (US$ Mn and Mn Units)
Chapter 11. Middle East & Africa Linear Vibration Motor Market Analysis
14.1. Key Insights
14.2. Market Size and Forecast, 2017 – 2027 (US$ Mn and Mn Units)
Chapter 12. South America Linear Vibration Motor Market Analysis
15.1. Key Insights
15.2. Market Size and Forecast, 2017 – 2027 (US$ Mn and Mn Units)
Chapter 13. Company Profile
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