Integrated Passive Devices Market Escalating the Growth by 2025

Global Integrated Passive Devices Market: Overview

Integrated passive devices are gaining popularity due to soaring needs for further reduction in size and cost and increment in functionality in handheld devices. These devices enable miniaturization of devices by combining different functional blocks, including couplers, impedance matching devices, harmonic filters, and baluns, and integrating them into one semiconductor chip. There are primarily three types of integrated passive devices, which are electrostatic discharge (ESD), electromagnetic interference (EMI), and radio frequency (RF). They find application in LED lighting, data converters, and EMI/RFI filtering. The report provides a 360-degree view of the global integrated passive devices market.

Global Integrated Passive Devices Market: Key Trends

The rising adoption of integrated passive devices in consumer electronics is one of the primary forces behind the remarkable growth of the global integrated passive devices market. Integrated passive devices are being increasingly acknowledged due to their ability to reduce costs and interconnection complexities in electronic devices and enhancing yield, reliability, and tolerance. The increasing integration of these devices with RF modules is also working in favor of the market.

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On the flip side, the higher cost of these devices as compared to discrete component is restricting the global integrated passive devices market from realizing its utmost potential. Moreover, the longer product design cycle due to the RF tuning of these devices is negatively impacting the growth of the market.

Global Integrated Passive Devices Market: Market Potential

A raft of players are bonking on mergers and acquisitions to strengthen their product portfolio and enhance their visibility in the global integrated passive devices market. A case in point is Murata Manufacturing Co. Ltd., (“Murata”), which in October 2016 announced the acquisition of IPDiA. The acquisition will help the former in stepping up its game in the market and also strengthen its business within the sectors such as automotive, communication, and medical. Moreover, it will facilitate them in manufacturing leading edge integrated passive devices. The introduction of such devices is likely to revolutionize the global integrated passive devices market.

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Global Integrated Passive Devices Market: Geographical Segmentation

The key regions reviewed in the report are North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. Europe will represent a substantial share in the global arena. A large number of integrated passive devices manufacturers are headquartered in the region. Moreover, the early adoption of novel technologies and strong demand for wearable devices and consumer electronics are creating fertile ground for the growth of the integrated passive devices market in the region.

Asia Pacific is a highly promising market. The rapid development in the telecommunication infrastructure and rising demand for consumer electronics and communication devices are supplementing the growth of the region. Emerging countries such as South Korea, India, and China will be the sights of high growth rate in the region.

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Global Integrated Passive Devices Market: Competitive Landscape

The majority of large players in the global integrated passive devices market are investing sizeable funds in research and development activities to introduce advanced and innovative products, which will help them in staying ahead in the market. Companies are also focusing towards mergers and acquisitions to expand and diversify their product portfolio. Some of the prominent global participants in the market are On Semiconductor, Infineon Technologies AG, Stats ChipPAC, Amkor Technology Inc., Murata-IPDiA, STMicroelectronics, Onchip Devices, and AFSC.

Popularity of Handheld Devices to Boost Integrated Passive Devices Market

San Francisco, California, March 01, 2018 – The global market for integrated passive devices is anticipated to gain traction in the coming years, as reported by “Light Tower Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025.” The report elucidates on how the market for integrated passive devices (IPD) is witnessing massive opportunities on account of the popularity of handheld and mobile devices over the world.

IPDs are the new advancements which are supplanting the standard passive devices which are economically viable today. Changing technologies and surging demands are the significant factors propelling the market for integrate passive devices. IPDs such as RF devices, encourage productive remote communication and anticipate loss of system signals. They are utilized over a few applications including mixed and digital signals, RF handsets, control enhancers, MEMS, computerized processors, and power administration units. The rising penetration of these devices in remote communication market can be ascribed to the high volume of clients embracing PDAs and other IoT devices.

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The utilization of this innovation in digital and mixed signals is rising steadily. The commercialization of an application is liable to its capability to subject to the electrical execution and prerequisites of customary DC-DC converter modules and superior silicon advanced interposer substrates.

Integrated passive devices are gaining a lot of traction because of their capacity to decrease expenses and interconnection complexities in electronic devices and improving results, dependability, and resistance. The expanding combination of these devices with RF modules is likewise working for the market. On the other side, the higher cost of these devices when contrasted with discrete parts is confining the worldwide integrated passive devices market from exploring its true potential. Besides, the more extended product configuration cycle because of the RF tuning of these devices is adversely affecting the development of the market.

A huge part of the current trends that the Integrated Passive Devices Market is seeing consists of wafer based devices in hardware, increased adoption of wearable devices in numerous application regions and miniaturized gadgets is boosting development prospects. Also, hand crafted IPD utilized as a part of specialty applications, such as cell encryption and GPS tracking, are expected to drive the market growth further. Based on materials, thin film products are predicted to be the cutting edge innovation benchmarks as they empower higher densities and lower accidents. The progressions in complex packaging procedures have brought about technologically advanced IPDs and are expected to provide an impetus to the growth of the integrated passive devices market.

Based on geography, Europe is relied upon to hold a lion’s share in the overall integrated passive devices market. Increased technical advancements and high investments by the key organizations and surging interest for the passive devices is giving an enormous lift to the market of IPDs. North America is predicted to be the second biggest market for the IPDs because of the high selection of innovation by the governments for the advancement of innovation and research. However, Asia-Pacific is expected to be a swiftly developing business sector. The presence of the various assembling and semiconductor organizations in China, Taiwan, Japan and South Korea is relied upon to lead the market over the coming years.

Some prominent names profiled in the global integrated passive devices market are Amkor Technology Inc., STMicroelectronics, AFSC, Infineon Technologies AG, Stats ChipPAC, Murata-IPDiA, On Semiconductor and Onchip Devices.