Integrated Passive Device Market

Integrated Passive Device Market Is Expected to Grow at CAGR of 8.3% During The Forecast Period 2019 – 2027

The increasing adoption of integrated passive devices in automotive infotainment and consumer electronics is significantly driving the global integrated passive device market

The integrated passive device is witnessing a huge adoption in automotive infotainment segment during the forecast period. Various service providers operating in the market are focused on offering advanced chipsets with enhanced features and competitive price. Further, the increasing trend of the vehicle to vehicle communication, automotive infotainment, and others are significantly driving global integrated passive device market. Integrated passive device market is witnessing multiple partnerships, mergers, and acquisitions among the players for the development of advanced offerings.

Some of the key players in the integrated passive device market are Johanson Technology, Inc., STMicroelectronics N.V., Murata Manufacturing Co., Ltd., OnChip Devices, Inc., 3D Glass Solutions, Inc., AVX Corporation, STATS ChipPAC Pte. Ltd., NXP Semiconductors N.V., ON Semiconductor, and Infineon Technologies with a considerable share of the integrated passive device market owing to its product offerings and regional presence.

The key players are making significant investments in the research and developments to offer advanced product and services to its customers. For instance, in 2018, 3D Glass Solutions introduced its First Integrated Passive Devices PDK, which is developed in collaboration with NI AWR software experts. This new IPD PDK permits the design of high-performance components specifically for 5G, LTE, internet of things (IoT), and satellite communication.

Many global and regional players are present in the integrated passive device market to offer diversified courses to their customers. The partnership and acquisition remain the key strategy to enhance the service portfolio and to expand the footprints in different geographies. Few of the integrated passive device market related key developments are mentioned below-

Year News Region
2016 Murata announced the acquisition of IPDiA S.A., with this acquisition IPDiA products and solutions will be commercialized as part of Murata’s product portfolio. Europe
2019 STMicroelectronics announced its collaboration with Truphone, to provide its technology to Murata for introducing a low power cellular module for the world of IoT/M2M devices. 2019
2018 Infineon announced the launch of CoolMOS, named as 950 V CoolMOS P7 Superjunction MOSFET.  This new product is integrated with Zener diode ESD protection. 2018

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