Global Integrated Passive Devices Market Overview:
Integrated Passive Devices (IPDs), also known as Integrated Passive Components (IPCs), or Embedded Passive Components, are electronic components that include resistors (R), capacitors (C), inductors, microstrip lines, impedance matching parts, baluns, or some combination of these components. Because of the necessity to reduce the number of components to be installed in an electronic machine, resulting in reduced logistics, and the need to miniaturize electronics for medical, wearable, and portable use, integrated passive devices are mostly used as standard parts or custom-built. Strip lines, baluns, and other radio frequency components may be miniaturized with IPDs with smaller tolerances, particularly if thin-film technology is used. If miniaturization is the ultimate aim, IPD chips may be stacked with active or other combined passive chips. With the increasing consumption of electronic devices; the demand for integrated passive devices is increasing.
As per latest study released by AMA Research, the Global Integrated Passive Devices market is expected to see growth rate of 8.2%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rise Of 5g Devices Is the New Trend in Integrated Passive Devices Market and Growing Demand for Stacked Integrated Passive Devices for Compact Devices
Market Growth Drivers:
Demand for High Performance and Compact Electronic Devices and Growing Demand of Integrated Passive Devices Due to Rise in IoT Devices
Challenges:
Cost of Integrated Passive Devices Tend to Be Higher Than Discrete Components
Restraints:
Supply-Demand Gap Due to Covid-19
Opportunities:
Medical Sector and Wearable Sector Have Increasing Demand for Integrated Passive Devices and With Increasing Complexity of Electronic Devices; The Demand for Integrated Passive Devices Is Set to Increase Further
Competitive Landscape:
The global market is highly competitive and consists of a limited number of providers competing. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are STATS ChipPAC Pte. Ltd. (Singapore), Texas Instruments (United States), ON Semiconductor Corporation (United States), Murata Manufacturing Co., Ltd. (Japan), Johanson Technology, Inc. (United States), OnChip Devices, Inc (United States), Infineon Technologies AG (Germany), STMicroelectronics N.V. (Switzerland), Global Communication Semiconductors, LLC (United States), 3DiS (France) and Advanced Furnace Systems Corp. (Taiwan). Analyst at AMA Research see Global Manufacturers to retain maximum share of Global Integrated Passive Devices market by 2030. Considering Market by Substrate, the sub-segment i.e. Silicone will boost the Integrated Passive Devices market. Considering Market by Components, the sub-segment i.e. Resistors will boost the Integrated Passive Devices market. Considering Market by Sales Channel, the sub-segment i.e. Direct will boost the Integrated Passive Devices market.
Latest Market Insights:
In September 2023, X-FAB Silicon Foundries SE announced new IPD fabrication capabilities derived from its XR013 130nm RF SOI process, which allows the integration of passive elements directly into device designs, offering significant space and cost savings.
On April 7th, 2021, Texas Instruments, a leading manufacturer of Integrated Passive Devices, introduced a new family of synchronous DC/DC buck controllers that enable engineers to reduce the size and electromagnetic interference (EMI) of power supply solution. Engineers may use the newly launched LM25149-Q1 and LM25149 to reduce the size of an external EMI filter by half, reduce the conducted EMI of a power design by up to 55 dB over several frequency bands, or achieve a mix of reduced filter size and low EMI. Reducing EMI in power supplies is becoming more difficult as electronic material in advanced driver assistance systems (ADAS), automotive infotainment and clusters, building automation, and aerospace and defense designs grows.
What Can be Explored with the Integrated Passive Devices Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Integrated Passive Devices Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Integrated Passive Devices
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Integrated Passive Devices market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Integrated Passive Devices market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Integrated Passive Devices Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.