Registering a CAGR of 8.3% over the forecast period of 2022-2027, the global Integrated Passive Devices market is anticipated to reach the market value of US$ 1,647.8 million in the year 2027 from US$ 820.6 million in the year 2021.
Integrated Passive Device states to the passive components including resistors, capacitors, and inductors, among others which are arranged in various combinations depending upon their applications. With the help of Integrated Passive Device various functional blocks can be recognized which includes filters, RF filters, converters, couplers, diplexers, among others. The constant demand for higher performance and more compact electronic products such as mobile phones, PDAs, digital cameras, etc. is the main factor answerable for the integration of passive components such as resistors, inductors, and capacitors. The necessity for high-frequency signal control and the integration of optical signals into electronic packages are key driving factors for the integration of passives into many devices. IPDs have benefits such as lead in performance, compact size, and less assembly cost. Thus, IPDs are developing area of advanced packaging. The IPDs are preferably combined with wafer level packaging – yielding minimal size and low costs, since there is no longer a need for a conventional plastic package. The number of IPDs built on glass thin film substrates is collective and the number of IPDs built on silicon-like semiconductor devices or ceramic is reduced due to high cost of silicon-like semiconductor devices or ceramic.
The Integrated Passive Devices Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes: Stats Chippac, 3dis Technologies, On Semiconductor, Texas Instruments, Stmicroelectronics, Infineon, Onchip Devices, Murata-Ipdia, Global Semiconductor Llc, Johanson Technology, Afsc and Others.
Industry News:
In a collaborative effort with Texas Instruments, Johanson Technology developed a compact, easy to implement front-end Integrated Passive Component (IPC) which embeds the required complex matching and LC circuits. This Integrated Passive Component (0900PC15A0036) is featured in the newly released Texas Instruments SimpleLink™ Multi band CC1352R wireless Microcontroller Unit (MCU) Launchpad™ SensorTag kit.
Agilent Technologies Inc. (NYSE: A) today announced that STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has selected Agilent's Electromagnetic Professional (EMPro) software for use in development of integrated passive devices (IPDs). ST's Protection & IPAD business unit in Tours, France is handling the development.
By Type, it is segmented into
By Applications it is segmented into
By End-user it is segmented into
Integrated passive devices have witnessed improved adoption in the Asia Pacific region owing to the occurrence of large number of electronics manufacturing facilities of the well-known players and various domestic players in the region. The increasing number of wireless devices and the arrival of high-speed internet which employ Integrated Passive Device technology for efficient and improved performance. The extensive adoption of automation in the industries couples with the growing establishment of the Integrated Passive Device in the healthcare sectors is further anticipated to fuel the growth of the integrated passive device market in the region. The Asia Pacific region is anticipated to grow at a CAGR of 11.99% over the forecast period and occupy a revenue share of US$ 471.7 Mn in 2027.
The Integrated Passive Devices Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Integrated Passive Devices Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Report Title | Integrated Passive Devices Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Stats Chippac, 3dis Technologies, On Semiconductor, Texas Instruments |
Forecast Period 2022 to 2028 CAGR | CAGR of 8.3% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Stats Chippac, 3dis Technologies, On Semiconductor, Texas Instruments, Stmicroelectronics, Infineon, Onchip Devices, Murata-Ipdia, Global Semiconductor Llc, Johanson Technology, Afsc and Others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 133 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Integrated Passive Devices Market is studied from 2017 - 2027.
What is the growth rate of Integrated Passive Devices Market?
The Integrated Passive Devices Market is growing at a CAGR of 8.3% over the next 5 years.
Who are the key players in Integrated Passive Devices Market?
Stats Chippac, 3dis Technologies, On Semiconductor, Texas Instruments, Stmicroelectronics, Infineon, Onchip Devices, Murata-Ipdia, Global Semiconductor Llc, Johanson Technology, Afsc and Others.
What regions does this Integrated Passive Devices Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Integrated Passive Devices Market?
ESD, EMI, RF-IPD, Other
What are the major end-use applications of the Integrated Passive Devices Market?
Emi/Rfi Filtering, Led Lighting, Data Converters
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