DUBLIN–()–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…

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