Overview:

The global integrated passive devices market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Integrated passive devices (IPD’s) are electronic components where resistors, microstriplines, capacitors, chokes or coils or inductors, baluns, impedance matching elements, or combinations of them are integrated on same substrate. The IPD’s are also called as integrated passive components or embedded passive components.

Market Dynamics:

Rising demand for consumer electronic products such as smart TV’s, smartphones, set-top box, and many others is fueling the demand for integrated passive devices, which is a key factor driving growth of the global integrated passive devices market. Additionally, miniaturization of electronic products used in various industries is another factor fueling demand for the integrated passive component.

In addition, deployment of wireless communication systems in commercial, residential, and industrial places is another factor propelling growth of the target market. However, high cost of integrated passive devices is a major factor hampering growth of the global integrated passive devices market to a certain extent.

Moreover, growing development of 5G infrastructure in many countries across the globe is a key factor expected to offer lucrative opportunities for key manufacturers operating in the global market in the near future.

Key Trends:

Growing strategic merger and acquisitions by major players in order to strengthen their market position is a key trend observed in the global integrated passive devices market. For instance, in March 2019, ON Semiconductor Corporation has announced that they have entered into agreement to acquire Quantenna Communications. The acquisition is expected to strengthen the position of ON Semiconductor Corporation in the industrial and automotive sector.

Regional Analysis:

For detailed understanding of market dynamics, the global integrated passive devices market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Europe region dominates the target market with the highest market share. However, the North America is expected to witness strong growth followed by Asia Pacific region during the forecast period. This growth can be attributed to presence of major manufacturers in countries in the region.

Scope of the Report:

Detailed Segmentation:

Global Integrated Passive Devices Market, By Material:

• Silicon
• Glass
• Other Materials

Global Integrated Passive Devices Market, By Application:

• ESD/ EMI
• RF IPD
• Digital & Mixed Signals
• Other Applications

Global Integrated Passive Devices Market, By End Use Industry:

• Consumer Electronics
• Automotive
• Communication
• Aerospace & Defense
• Healthcare & Lifesciences

Key Players Covered:

Key players operating in the global integrated passive devices market includes STATS ChipPAC Pte. Ltd., ON Semiconductor Corporation, Infineon Technologies AG, STMicroelectronics N.V., Murata Manufacturing Co. Ltd., Johanson Technology Inc., OnChip Devices Inc., Global Communication Semiconductors LLC, 3DiS Technologies, and Advanced Furnace Systems Corp.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Integrated Passive Devices Market by material, application, end use industry, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global integrated passive devices market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.