Integrated Passive Devices Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 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.
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.
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.
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.
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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