The global Camera Module Actuators Market was valued at 3372 million in 2023 and is projected to reach US$ 3917 million by 2030, at a CAGR of 2.5% during the forecast period.
Camera Module Actuators Market Overview
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).
We have surveyed the Camera Module Actuator 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 Camera Module Actuator, 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 Camera Module Actuator. This report contains market size and forecasts of Camera Module Actuator in global, including the following market information:
- Global Camera Module Actuator market revenue, 2019-2024, 2025-2030, ($ millions)
- Global Camera Module Actuator market sales, 2019-2024, 2025-2030, (K Units)
- Global top five Camera Module Actuator companies in 2023 (%)
Camera Module Actuators Key Market Trends :
- Miniaturization of Actuators
Demand is growing for compact actuators that fit into slim smartphone designs without compromising camera performance. - Shift Toward SMA and MEMS Technologies
Shape Memory Alloy (SMA) and MEMS-based actuators are gaining popularity due to their smaller size and precision control. - High-End Smartphone Adoption
Premium phones are increasingly using advanced actuators for better autofocus and image stabilization features. - Multi-Camera System Integration
The rise in multi-camera setups is driving demand for multiple actuators in a single device, boosting overall market volume.
Total Market by Segment:
Global Camera Module Actuator market, by Type, 2019-2024, 2025-2030 ($ millions) & (K Units)
Global Camera Module Actuator market segment percentages, by Type, 2023 (%)
- VCM
- SMA
Global Camera Module Actuator market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Camera Module Actuator market segment percentages, by Application, 2023 (%)
- Low-end Smartphones
- Mid-range Smartphones
- High-end Smartphones
Further, the report presents profiles of competitors in the market, key players include:
- Alps Alpine
- Mitsumi
- TDK
- SEMCO
- Jahwa Electronics
- LG Innotek
- ZET
Market Drivers
- Growing Demand for High-Resolution Imaging
As smartphone cameras continue to replace point-and-shoot cameras, there’s a strong push for high-resolution and better focus, driving actuator innovations. - Rising Penetration of Multi-Camera Smartphones
The trend of using dual or triple cameras per phone increases the overall demand for actuators. - Advancements in Autofocus and OIS
Innovations in autofocus speed and stability mechanisms are expanding the use of actuators across all smartphone segments.
FAQs
Q: What are the key driving factors and opportunities in the Camera Module Actuators market?
A: Rising demand for high-resolution cameras, compact actuators, and multi-camera systems are key drivers. Opportunities lie in foldable phones and emerging markets.
Q: Which region is projected to have the largest market share?
A: Asia-Pacific, especially China and South Korea, is expected to dominate due to high smartphone production and consumption.
Q: Who are the top players in the global Camera Module Actuators market?
A: Key players include Alps Alpine, Mitsumi Electric, TDK, Samsung Electro-Mechanics, and Largan Precision.
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About Semiconductor Insight:
Established in 2016, Semiconductor Insight specializes in providing comprehensive semiconductor industry research and analysis to support businesses in making well-informed decisions within this dynamic and fast-paced sector. From the beginning, we have been committed to delivering in-depth semiconductor market research, identifying key trends, opportunities, and challenges shaping the global semiconductor industry.
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