Integrated Passive Devices Market to Grow with a CAGR of 8.6% Globally through to 2028

Global Integrated Passive Devices Market is rising due to the increasing demand for miniaturized, high-performance electronic components in various applications, driving the adoption of integrated passive devices for improved efficiency and space-saving solutions in the forecast period 2024-2028. 

According to TechSci Research report, “Global Integrated Passive Devices Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, The Global Integrated Passive Devices (IPD) Market is experiencing substantial growth, driven by the rising demand for compact and efficient electronic components in diverse applications. Integrated Passive Devices, which combine multiple passive components like resistors, capacitors, and inductors into a single package, offer significant advantages such as space-saving, enhanced performance, and improved reliability. This trend is particularly prominent in industries like consumer electronics, automotive, and telecommunications, where the demand for miniaturized devices with superior functionality is high. Additionally, the proliferation of IoT devices, wearable technology, and smart appliances further fuels the market growth, as these applications require small-sized, energy-efficient components. Moreover, advancements in IPD technology, including higher integration levels, improved manufacturing processes, and enhanced performance characteristics, are boosting market adoption. As businesses increasingly prioritize compact, high-performance electronic solutions, the Global Integrated Passive Devices Market is poised for continuous expansion, with manufacturers focusing on innovation and customization to meet the evolving demands of various industries.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Integrated Passive Devices Market”.

The Global Integrated Passive Devices Market is experiencing significant growth and transformation, driven by the increasing demand for miniaturized electronic components and the advancements in semiconductor technology. Integrated Passive Devices (IPDs) are compact electronic components that are integrated into a single chip or package, offering advantages such as reduced size, improved performance, and enhanced reliability. This market encompasses various industries, including consumer electronics, automotive, telecommunications, healthcare, and more. One of the key drivers for the Global Integrated Passive Devices Market is the rising demand for miniaturized electronic components. With the increasing trend towards smaller and more compact devices, there is a growing need for electronic components that can be integrated into a smaller footprint. IPDs provide a solution by combining multiple passive components, such as resistors, capacitors, and inductors, into a single chip or package. This integration not only reduces the overall size of the device but also improves its performance and reliability. Advancements in semiconductor technology are also fueling the growth of the Global Integrated Passive Devices Market. The semiconductor industry is constantly evolving, with continuous improvements in manufacturing processes, materials, and design techniques. These advancements enable the integration of more complex passive components into a single chip, allowing for higher levels of integration and improved performance. Additionally, advancements in packaging technologies, such as wafer-level packaging and system-in-package (SiP), further contribute to the miniaturization and integration of IPDs.

The growing adoption of Internet of Things (IoT) devices is another major driver for the Global Integrated Passive Devices Market. IoT devices, such as smart home appliances, wearables, and industrial sensors, require compact and efficient electronic components to enable their functionality. IPDs play a crucial role in meeting these requirements by providing miniaturized passive components that can be seamlessly integrated into IoT devices. The increasing deployment of IoT devices across various industries is driving the demand for IPDs. Furthermore, the need for improved performance and reliability is a significant driver for the Global Integrated Passive Devices Market. As electronic devices become more advanced and complex, there is a growing demand for passive components that can meet the performance requirements while maintaining high reliability. IPDs offer advantages such as reduced parasitic effects, improved signal integrity, and better thermal management, leading to enhanced overall device performance and reliability.

In conclusion, the Global Integrated Passive Devices Market is witnessing significant growth due to the increasing demand for miniaturized electronic components, advancements in semiconductor technology, the growing adoption of IoT devices, and the need for improved performance and reliability. As industries strive for smaller and more efficient electronic devices, IPDs provide a solution by offering compact and integrated passive components. With continuous advancements in semiconductor technology and the increasing deployment of IoT devices, the Global Integrated Passive Devices Market is poised for further expansion and innovation in the coming years.

The Global Integrated Passive Devices Market is segmented into Application, End-use, regional distribution, and company.

Based on Application, the EMS & EMI Protection IPD segment emerged as the dominant force in the Global Integrated Passive Devices (IPD) Market. This segment not only captured a significant market share but also showcased robust growth, indicating its pivotal role in the industry landscape. The dominance of EMS & EMI Protection IPD can be attributed to the increasing demand for electromagnetic interference (EMI) shielding and electrostatic discharge (EMS) protection solutions across diverse electronic applications. As electronic devices become more compact and densely packed, mitigating interference and ensuring protection against static electricity are paramount. EMS & EMI Protection IPDs offer tailored solutions, safeguarding sensitive components and ensuring optimal functionality in various devices, including smartphones, laptops, automotive electronics, and industrial equipment. The segment's dominance in 2022 is expected to persist throughout the forecast period due to the continuous advancements in electronic devices and the escalating need for reliable EMI and EMS protection. As industries such as telecommunications, automotive, and consumer electronics continue to evolve, the demand for robust protection measures provided by EMS & EMI Protection IPDs will remain high, solidifying its leading position in the Global Integrated Passive Devices Market.

Based on region, Asia-Pacific emerged as the dominant region in the Global Integrated Passive Devices (IPD) Market, solidifying its position as a technological powerhouse. The region's dominance can be attributed to several factors, including the presence of key manufacturing hubs, robust technological advancements, and a burgeoning demand for consumer electronics and automotive applications. Countries like China, Japan, South Korea, and Taiwan have played a pivotal role in the production and innovation of electronic devices, leading to a high demand for Integrated Passive Devices. Additionally, the rapid adoption of advanced technologies such as 5G, IoT, and connected devices in Asian countries has further boosted the demand for IPDs. The region's proactive approach in embracing emerging technologies, coupled with a large consumer base and a thriving electronics industry ecosystem, has propelled Asia-Pacific to the forefront of the IPD market. This trend is expected to continue during the forecast period, with Asia-Pacific maintaining its dominance. Investments in research and development, coupled with a strong focus on manufacturing efficiency, are anticipated to further strengthen the region's position. As the demand for smaller, more efficient electronic components rises, Asia-Pacific is poised to lead the way in shaping the future landscape of the Global Integrated Passive Devices Market.

Major companies operating in Global Integrated Passive Devices Market are:

• Murata Manufacturing Co., Ltd.
• STMicroelectronics N.V.
• On Semiconductor Corporation
• Texas Instruments Incorporated
• Infineon Technologies AG
• Broadcom Inc.
• Johanson Technology Inc.
• STATS ChipPAC Pte. Ltd.
• OnChip Devices Inc.
• Global Communication Semiconductors, LLC
• Advanced Component Labs, Inc.
• CTS Corporation
• AVX Corporation

Download Free Sample Report

Customers can also request for 10% free customization on this report.

“The Global Integrated Passive Devices Market is experiencing significant growth driven by the increasing demand for miniaturized electronic components and advancements in semiconductor technology. Integrated Passive Devices (IPDs) are compact components integrated into a single chip or package, offering benefits like reduced size, improved performance, and enhanced reliability. This market spans across industries such as consumer electronics, automotive, telecommunications, and healthcare. The rising need for miniaturization in electronic devices fuels the demand for IPDs, as they combine multiple passive components into a smaller footprint, improving overall device performance and reliability. Advancements in semiconductor technology, including manufacturing processes and packaging techniques, further contribute to the integration and miniaturization of IPDs. The growing adoption of IoT devices, which require compact and efficient electronic components, also drives the market. IPDs play a crucial role in meeting the requirements of IoT devices by providing miniaturized passive components. Additionally, the demand for improved performance and reliability in complex electronic devices propels the market, as IPDs offer advantages like reduced parasitic effects and improved signal integrity. With continuous advancements and the increasing deployment of IoT devices, the Global Integrated Passive Devices Market is poised for further expansion and innovation in the coming years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Integrated Passive Devices Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Application (EMS & EMI Protection IPD, RF IPD, LED Lighting, Digital & Mixed Signal IPD), By End-use (Automobile, Consumer electronics, Healthcare, Others), By Region, By Competition”, has evaluated the future growth potential of Global Integrated Passive Devices Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Integrated Passive Devices Market.

Contact

Mr. Ken Mathews

Techsci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]

Website: www.techsciresearch.com