Press release
Linear Vibration Motor Market: Competitive Dynamics & Global Outlook 2023
Linear Vibration Motor is a form of electric motor in which the stator and the rotor are linear and parallel. It can be used in a wide range of products, like cellphones, loudspeakers, game devices, GPS, and so on. Linear vibrator motors are also the main actuators for haptic feedback which is an inexpensive way to increase a product's value, and differentiate it from competition.
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Global Linear Vibration Motor Market: Forecast by Type / Application / Region
Linear vibration motor is a huge market, and this industry continuously increases, with the development of global economy.
China is the largest market of linear vibration motor, which occupies average 80 percent of global Linear vibration motor procedures per year. Other main regions which take important part in this industry include Japan and South Korea.
According to the research, the most potential market in the main countries of linear vibration motor industry is China, determined by its rapid growth of number of procedures. Besides, Japan, South Korea should also be focused by the investors.
The linear Vibration Motor market is consolidated in nature. Various players are adopting competitive strategies such as collaborations, acquisitions and capitalizing untapped opportunities in the emerging economies of India and China, to sustain and gain market penetrartion across the globe. Some key players of this market include Nidec, AAC Technologies, Samsung, KOTL, Sanyo, DMEGC, JAHWA.
Over the next five years, LPI(LP Information) projects that Linear Vibration Motor will register a 0.4% CAGR in terms of revenue, reach US$ 1 million by 2023, from US$ 1 million in 2017.
Global Linear Vibration Motor Market: Key Players
Nidec
AAC Technologies
Samsung
KOTL
Sanyo
DMEGC
JAHWA
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Related Information:
United States Linear Vibration Motor Market Research Report 2018
Europe Linear Vibration Motor Market Research Report 2018
North America Linear Vibration Motor Market Research Report 2018
Asia-Pacific Linear Vibration Motor Market Research Report 2018
China Linear Vibration Motor Market Research Report 2018
EMEA Linear Vibration Motor Market Research Report 2018
Global Linear Vibration Motor Market Research Report 2018
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