24-Mar-2020 | Zion Market Research
Zion Market Research has published a new report titled “Integrated Passive Devices Market, by Material (Silicon, Glass, and Others), by Passive Devices (Baluns, Filter, Couplers, Diplexers, Customized IPDs, and Others), by Application (ESD/EMI, RF IPD, Digital & Mixed Signals, and Others), by Wireless Technology (WLAN, Bluetooth, Cellular, GPS, and Others), By End Use Industry (Consumer Electronics, Automotive, Communication, Aerospace & Defense, Healthcare & Lifesciences, and Others) by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026”. According to the report, the global integrated passive devices market was valued at USD 997.2 Million in 2019 and is expected to reach over USD 1,768.7 Million by 2026, growing at a CAGR of around 8.5% during the forecast period from 2020 to 2026.
Integrated Passive Devices or Integrated Passive Components are components that are smaller in size and have lesser cost as compared to Discrete Surface Mount Devices (SMD). These devices are smaller and thus have attracted the interest of multiple industries, to be utilized in handheld wireless devices for increasing its functionality.
Browse the full “Integrated Passive Devices Market, by Material (Silicon, Glass, and Others), by Passive Devices (Baluns, Filter, Couplers, Diplexers, Customized IPDs, and Others), by Application (ESD/EMI, RF IPD, Digital & Mixed Signals, and Others), by Wireless Technology (WLAN, Bluetooth, Cellular, GPS, and Others), By End Use Industry (Consumer Electronics, Automotive, Communication, Aerospace & Defense, Healthcare & Lifesciences, and Others) by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/integrated-passive-devices-market
The market for integrated passive devices are anticipated to have a substantial growth in the projected period. The growth of the market is subjected to the rising utilization of these devices or components in RF applications and consumer durables along with surging demand for miniaturized high-performance electronic devices. Rising demand for integrated navigation and infotainment features such as GPS in the automotive is anticipated to support market growth in the anticipated timeframe. Additionally, mobile devices and gadgets are getting smaller with greater durability with increased functionality, all this is directly related to, how the hardware has been designed for the device. Integrated Passive Device player a huge role in the development of the market. These devices are small and include numerous functional blocks such as couplers, harmonic filters, impedance matching devices, baluns and integrate them into single silicon wafer, thus saving chip space and improve device performance. These devices are helps in reducing interconnection complexities and in electronic devices, thus, improving reliability, tolerance and yield. These devices are used in RF modules such as Wi-Fi and cellular applications. Technology progression in the field of wireless technology has led to enhanced battery performance, improved signal reception in IPD. This is anticipated to propel market growth in the projected period.
The integrated passive devices market is segmented into Material, passive devices, end-user, application, wireless technology, and end use industry. The glass segment under material type is expected to have a considerable share in the forecast timeframe. Owing the advantages that are such as high resistivity and low RF coupling to devices as the glass wafer does not heat as compared to other material during manufacturing process.
Furthermore, the consumer electronic segment is anticipated to have substantial share in the forecast period. Owing to the use of IPD in entertainment and communications along with enterprises purpose. Consumer electronics include tablets, notebooks, smartphones, and others devices such as game consoles, wearables, and other white goods). Smartphones have contributed majorly in IPD market. This is anticipated to have significant growth in the IPD market.
The market for integrated passive devices market in EMEA is estimated to have a substantial share in the market. The market is subjected to increase due to the presence of IPD and fabrication manufacturers, such as STMicroelectronics, IPDiA and Infineon Technologies that develop innovative products. This is expected to boost the market for IPD in EMEA.
Major market players in the integrated passive devices market are Infineon Technologies AG, ON Semiconductor Corporation, STATS ChipPAC Pte. Ltd., STMicroelectronics N.V., OnChip Devices, Inc., Global Communication Semiconductors, LLC (GCS), Johanson Technology, Inc., Advanced Furnace Systems Corp., Murata Manufacturing Co., Ltd. among others.
The report segments global integrated passive devices market:
Global Integrated Passive Devices Market: Material Segment Analysis
Global Integrated Passive Devices Market: Passive Devices Segment Analysis
Global Integrated Passive Devices Market: Application Segment Analysis
Global Integrated Passive Devices Market: Wireless Technology Segment Analysis
Global Integrated Passive Devices Market: End Use Industry Segment Analysis
Global Integrated Passive Devices Market: Regional Segment Analysis
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