A detailed analysis of the integrated passive devices market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the market report also contains information on the pivotal industry insights for core players to look out for.

The integrated passive devices market growth shall be fostered by the numerous features offered by IPDs system such as reduced interconnection complexity, improved performance, reduced package footprints, improved component tolerance and output, and better flexibility. These advanced characteristics will escalate the high adoption rate of integrated passive devices in numerous smart consumer wearables, IoT and AI-enabled devices, and infotainment and navigation systems in automobiles.

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Integrated passive devices market is segmented based on material type such as silicon, glass and other. The other segment is estimated to witness an appreciable CAGR of 6% through 2026 on account of extensive application of highly saturated electron semiconductor materials for information storage, medical treatment, communications, lasing military application, sensing, etc. IPDs based on GaAs and Alumina provides protection from moisture and enable better electrical and thermal performances in equipment. With increasing demand, companies are continuously developing novel products to effectively serve their consumers. For instance, in 2018, Mitsubishi Electric introduced a new GaAs high frequency device, appropriate for compound semiconductor, broadcasting devices, satellite communicating and communication receiving devices.

Diplexers segment held a substantial market share of 15% in 2019 and is expected to grow over time owing to rising demand for these devices across the telecommunication sector as well as 5G communication systems. Integrated passive devices with diplexers and filters find important usage for various frequency bands and lumped-elements circuits required for impedance matching. Other applications of diplexers include global positioning systems (GPS), antennas, cellular infrastructures, front-end modules of wireless base stations, IoT applications and automotive telematics. Moreover, these devices offer low insertion loss, high-performance, along with reliable and stable temperature performance which will complement the segment growth further.

Electrostatic discharge/electromagnetic interference application segment is estimated to observe an appreciable CAGR of 8% through 2026 as integrated passive devices with ESD /EMI offer flexible designs which in turn provides faster rise time and lower voltage discharges with enhanced performance and robustness with a shorter development cycle. Moreover, these devices provide better signal reception and minimum transmission loss, thereby increasing their adoption in mobile phone applications. For the records, in 2019, the segment had accounted for a substantial market share of 40%.

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Europe integrated passive devices market secured a sizeable market share of 18% in 2019 and is projected to register a significant CAGR of 7% through 2026. This can be credited to increasing government initiatives for encouraging semiconductor manufacturing in the region. For instance, European Union initiated a research and innovation program named “European Union’s Horizon 2020” with a fund allocation of nearly USD 94 billion for attracting investment from foreign and local players for the regional semiconductor industry. In addition to this, the EU along with SEMI introduced a funding initiative for promoting Microelectronics Training, Industry and Skills (METIS) in the region in 2019. Apparently, this initiative will enable the government to support emerging verticals in the region including industry 4.0, autonomous driving and artificial intelligence.

Prominent integrated passive devices market players operating in integrated passive device market such as Murata Manufacturing Co. Ltd., STMicroelectronics, ON Semiconductors., Texas Instruments, Johnson Technology, STATS ChipPAC Ltd., 3DiS Technologies, etc. are focusing on new product development for strengthening their product offerings in an attempt to gain a competitive edge in the overall market.

Major Key Points from Table of Content:

Chapter 6   Integrated Passive Devices Market, By Passive Devices

6.1    Key trends, by passive devices

6.2    Baluns

6.2.1    Integrated passive devices market estimates and forecast, 2016 - 2026

6.3    Filters

6.3.1    Market estimates and forecast, 2016 - 2026

6.4    Couplers

6.4.1    Market estimates and forecast, 2016 - 2026

6.5    Diplexers

6.5.1    Market estimates and forecast, 2016 - 2026

6.6    Customized IPD

6.6.1    Market estimates and forecast, 2016 - 2026

6.7    Others

6.7.1    Market estimates and forecast, 2016 - 2026

Chapter 7   Integrated Passive Devices Market, By Application

7.1    Key trends, by application

7.2    RF IPD

7.2.1    Market estimates and forecast, 2016 - 2026

7.3    Digital & Mixed Signal

7.3.1    Market estimates and forecast, 2016 - 2026

7.4    Electrostatic discharge/electromagnetic interference (ESD/EMI)

7.4.1    Market estimates and forecast, 2016 - 2026

7.5    Others

7.5.1    Market estimates and forecast, 2016 - 2026

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