Research Nester assesses the growth and market size of the global integrated passive devices market which is anticipated to be due to the rising proliferation of wireless communication devices.
New York –December 16, 2023- Research Nester’s recent market research analysis on “Integrated Passive Devices Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitor’s analysis and a detailed overview of the globally integrated passive devices market in terms of market segmentation by application, End-User, Material, Type and by region.
Rising Technological Developments & Proliferation of 5G Network to Promote Global Market Share of Integrated Passive Devices.
The growth of the Integrated Passive Devices (IPD) market is propelled by several key drivers. Firstly, the demand for miniaturization in electronics fuels the need for compact components, prompting the adoption of IPDs in devices like smartphones, wearables, and IoT gadgets. Secondly, advancements in semiconductor manufacturing techniques enable the integration of multiple passive components into a single chip, enhancing performance and reducing space requirements on PCBs.
Additionally, the 5G technology adoption surge necessitates high-performance components, further driving the demand for IPDs in RF front-end modules. The automotive industry's shift toward electric vehicles and increased connectivity also contributes significantly to the market growth, leveraging IPDs for compact and efficient electronic systems. Moreover, the cost efficiency achieved by integrating multiple components into one chip attracts manufacturers, saving on assembly costs and PCB space. These factors collectively drive the expansion and widespread adoption of Integrated Passive Devices across various industries.
Some of the major growth factors and challenges that are associated with the growth of the global integrated passive devices market are:
Growth Drivers:
• Rising trends towards vehicle electronics and in-vehicle communication systems.
• The use of integrated passive devices is on the rise in the medical sector.
Challenges:
High cost of initial investments, ensuring quality and reliability, complexity of design and manufacturing processes, and reliability concerns are some of the major factors anticipated to hamper the global market size of Integrated Passive Devices.
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By End-User, the globally integrated passive devices market is segregated into automotive, consumer electronics & healthcare. Amongst these automotive segment is estimated to hold a major market share. The automotive segment has garnered significant market share in the Integrated Passive Devices (IPD) market due to its rapid technological evolution. As vehicles transition towards electric propulsion, connectivity, and advanced driver assistance systems, the demand for compact and reliable electronic components intensifies. IPDs offer space-saving solutions, enhancing performance in crucial automotive applications like sensor systems, power management, and connectivity modules. Their ability to optimize space while ensuring robust functionality has propelled their widespread adoption, securing a substantial market share within the automotive sector.
By region, the Asia Pacific region for integrated passive devices market is estimated to hold a significant market share. The Asia Pacific Integrated Passive Devices (IPD) market showcases robust growth driven by the region's technological advancements and vast consumer electronics demand. With a strong semiconductor manufacturing base, particularly in countries like Japan, South Korea, and Taiwan, Asia Pacific leads in innovation and production capabilities for IPDs. The region's burgeoning smartphone, IoT, and wearable markets fuel the adoption of IPDs, leveraging their compactness and performance advantages. Additionally, the rapid deployment of 5G technology further accelerates the demand for high-frequency IPDs, solidifying Asia Pacific's pivotal role in shaping the IPD market landscape.

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This report also provides the existing competitive scenario of some of the key players of the global integrated passive devices market which includes company profiling of, are Infineon Technologies AG, STMicroelectronics, Johanson Technology, OnChip Devices, Inc., Global Communication Semiconductors, LLC, 3DiS Technologies, Advanced Furnace Systems Corp., Texas Instruments Incorporated., Qorvo, Inc., Broadcom. and others.
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