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.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report