Global Linear Vibration Motor Market Is Projected to Reach 1 Million US$ by 2025, at a CAGR of 0.5% During 2018-2025
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City of Industry, CA -- (SBWire) -- 09/24/2018 --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.The Linear Vibration Motor market was valued at 1 Million US$ in 2017 and is projected to reach 1 Million US$ by 2025, at a CAGR of 0.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Linear Vibration Motor.
This report includes the following manufacturers; we can also add the other companies as you want.
Market Segment by Product Type
Market Segment by Application
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. Linear vibration motor is a huge market, and this industry continuously increases, with the development of global economy.
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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.
This study focuses on the production side and consumption side of Linear Vibration Motor, presents the global Linear Vibration Motor market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Linear Vibration Motor capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Linear Vibration Motor by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Market size split by Region
Central & South America
Middle East & Africa
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