Report : Integrated Passive Device Market to 2027 - Global Analysis and Forecasts by Material (Glass, Silicon, and Others); Product (Baluns, Filter, Diplexers, Couplers, and Others); Application (ESD/EMI Protection, Digital and Mixed Signals, RF IPD, and Others); and End- User (Consumer Electronics, Healthcare, Telecommunication, Aerospace and Defense, and Automotive)
Increasing adoption of consumer electronic devices will escalate the Integrated Passive Device Market at a CAGR of 8.3%
Latest market study on “Integrated Passive Device Market to 2027 by Material (Glass, Silicon, and Others); Product (Baluns, Filter, Diplexers, Couplers, and Others); Application (ESD/EMI Protection, Digital and Mixed Signals, RF IPD, and Others); and End- User (Consumer Electronics, Healthcare, Telecommunication, Aerospace and Defense, and Automotive)– Global Analysis and Forecast”, the Integrated Passive Device market is estimated to reach US$ 1,647.8 million by 2027 from US$ 820.6 million in 2018. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
The integrated passive device market has recently witnessed a significant adoption in Asia Pacific countries such as India, China, and others. The growth in adoption of the integrated passive device is attributed to several factors such as increasing trend of integration of electronics in automotive, increasing number of connected devices, increasing number of smartphones, and others.
There has been constant advancements in the integrated passive devices. For instance, in 2018 Johanson Technology launched new diplexer series, designed with minimal insertion loss, isolation, highest attenuation, and overall performance that offers very high attenuation of about 43dB despite the small packages.
Some of the key companies operating in integrated passive device market across the globe include 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 among various other leading market players. Several other players are also functioning in the market worldwide, contributing significant revenue shares year on year.
The report segments the global integrated passive device market as follows:Global Integrated Passive Device Market – By Material
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