According to a market report by Lucintel, the future of the global VCM camera driver IC market looks promising with opportunities in the IOS system and android system markets. The global VCM camera driver IC market is expected to grow with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are the emergence of 5G technology and growing popularity of dual-camera and multi-camera setups.
In this market, open loop VCM driver IC, closed loop VCM driver IC, and OIS VCM driver IC are the major segments of VCM camera driver IC market by type.
Lucintel forecasts that open loop VCM driver IC will remain the largest segment over the forecast period as it is simple, inexpensive, and reliable.
Within this market, android system will remain the largest segment due to widespread adoption of android smartphones and tablets globally.
North America will remain the largest region over the forecast period due to increasing smartphone penetration and rising demand for imaging devices in the region.
ROHM Semiconductor, Zinitix, Asahi Kasei Microdevices (AKM), and Onsemi are the major suppliers in the VCM camera driver IC market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]