San Francisco, 20 March 2030: The Report Integrated Passive Devices Market Size, Share & Trends Analysis Report By Application (EMS & EMI Protection, RF, LED Lighting, Digital & Mixed Signal), By End-use (Automotive), By Region, And Segment Forecasts, 2024 - 2030
The global integrated passive devices market size is expected to reach USD 2.03 billion by 2030, registering to grow at a CAGR of 7.1% from 2024 to 2030 according to a new report by Grand View Research, Inc. The growing demand for wireless, electronic, handheld devices is presumed to drive the market growth over the forecast period.
IPD, such as RF devices, facilitate efficient wireless communication and prevent loss of network signals. They are used across several applications including digital & mixed signals, RF transceivers, power amplifiers, MEMS, digital processors, and power management units. The growing penetration of these devices in wireless consumer market can be attributed to the high volume of customers adopting cellular phones and other IoT devices.
The applications of this technology in digital and mixed signals are fewer, but significant. The commercialization of an application is subject to its potential to comply with electrical performance and density requirements of conventional DC-DC converter modules and high-performance silicon digital interposer substrates.
Additionally, custom-designed IPD used in specialty and niche applications, such as GPS tracking and cellular encryption, are expected to drive the growth of the integrated passive devices market. In terms of materials, thin film products are expected to be the next-generation technology benchmarks as they enable higher densities and lower losses. The advancements in sophisticated packaging techniques have resulted in cost-effective IPD and have increased the scope for large-scale commercialization.
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This market growth is driven by the rising adoption of filters and diplexers in wireless system applications. IoT (Internet of Things) applications of passive electronic components such as capacitors, resistors, and inductors are generating favorable opportunities for manufacturers, driving market growth. An upsurge in incorporating infotainment and navigation features, such as global positioning systems (GPS), in automobiles further boosts the demand for IPD devices.
The market is expanding with substantial opportunities led by rising development in integrated passive devices in wearable & hearable devices. Furthermore, they are also being utilized in manufacturing electronic durables such as set-top boxes, drones, wireless speakers, routers, and gaming systems. The need for high-speed mobile communication is rising significantly, and thus, the application of 5G networks is creating wider opportunities for prominent players in the integrated devices market. As a result of the integration of IPDs, which provide both performance and energy efficacy, the use of IPDs in numerous sectors such as IoT, healthcare, and LED (Light Emitting Diode) products has significantly improved the sales of integrated devices due to their low energy consumption.
Furthermore, advancements in IPDs made with thin glass films are becoming more popular than those made with silicon via (TSV) substrate due to their superior high resistivity, thermal steadiness, low dielectric loss, and adjustable coefficient of thermal expansion. Consequently, the integrated passive devices market is projected to grow due to the progress in IPDs utilizing Through-Glass-Via (TGV) substrate.
Miniaturization in electronic components making valuable additions in marketplace, smart phones, tablets and wearables are espousing exponential success in today’s market place.
Continuing in the same vein, integrated passive devices has made it to top of the table with technological upgrades in smart phones, tablets and wearables soaring market ratings with successive growth figures.
Segmentation by product includes baluns, couplers, duplexers and harmonic filters.
Integrated passive devices market by RF-ID segment leads market share owing to growth in market for miniaturized components/compact consumer electronics devices such as smart phones, tablets and wearable’s.
RF components or modules better known as MODEMS holds the crux to system and miniaturization is better achieved with integrated passive system devices over traditional devices.
By regions, MEA witnesses rapid growth in IPD market in being early adopters to technological changes.
The global Integrated Passive Devices (IPD) market size was estimated at USD 874.6 million in 2015 and is expected to reach USD 2.64 billion by 2025.
Miniaturization in electronic components making valuable additions in marketplace, smart phones, tablets and wearables are espousing exponential success in today’s market place.
Continuing in the same vein, integrated passive devices has made it to top of the table with technological upgrades in smart phones, tablets and wearables soaring market ratings with successive growth figures.Segmentation of integrated passive devices market by base includes silicon and non-silicon.
Segmentation by product includes baluns, couplers, duplexers and harmonic filters.
By region, integrated passive devices market includes North America, Europe, Asia Pacific, MEA, and Latin America.Download Full Research Report on “Integrated Passive Devices Market” @ https://www.millioninsights.com/industry-reports/integrated-passive-devices-ipd-marketIntegrated passive devices market by RF-ID segment leads market share owing to growth in market for miniaturized components/compact consumer electronics devices such as smart phones, tablets and wearable’s.
Powerful presence of smart phones, tablets and wearable’s in these regions are significant reasons promoting market growth in IPD market.
