The global integrated passive devices market is predicted to rise at a CAGR of 10.3% during 2022 to 2032. The integrated passive devices market is estimated to reach US$ 3.23 Billion by 2032 from US$ 1.1 Billion in 2021.

Factors driving the growth of the integrated passive devices market include increased demand for integrated passive devices in consumer durables, integration of IPDs into RF applications, and rising need for miniaturised and high-performance electronic devices.

Furthermore, the rising implementation of entertainment and navigation capabilities in vehicles, such as global positioning system (GPS), is aiding integrated passive devices market expansion and escalated sales of integrated passive devices as well as increased demand for integrated passive devices.

Key Takeaways from Market Study

• Global integrated passive devices market to reach US$ 3.23 billion by 2032.
• Consumer electronics segment held a 21.7% market share in 2020 and is expected to remain dominant through 2032.
• Market in North America and Asia-Pacific to lead due to strong semiconductor industries and rapid technological advancements.
• Silicon-based integrated passive devices to dominate material types, driven by their widespread use in consumer electronics.
• Market in China projected to reach a valuation of US$ 1.2 billion by 2032.

 “Increasing adoption of 5G technology, IoT, and high-frequency applications, coupled with the need for compact and efficient passive components, is set to propel the integrated passive devices market to new heights,” says a Fact.MR analyst.

Winning Strategy

Key market players are focusing on developing innovative integrated passive devices to meet the demand for compact and high-performance electronics. Companies are pursuing strategic collaborations, product expansions, and investments in R&D to strengthen their market presence, particularly in emerging economies. For instance:

• In June 2021, Apple announced plans to significantly increase the use of integrated passive devices in upcoming iPhones and iOS products, creating opportunities for TSMC and Amkor.
• In August 2020, Johnson Technology launched new filter/balun-based integrated passive devices for Semtech’s LoRa Smart Home and Long Range & Low Power LoRa RF transceivers.

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global integrated passive devices market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032. The study provides essential insights on the market based on material (silicon, glass, others), passive devices (baluns, filters, couplers, diplexers, customized IPDs, others), application (ESD/EMI, RF IPD, digital and mixed signals, others), and end-use industry (consumer electronics, automotive, communication, aerospace and defense, healthcare and lifesciences), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).

Key Companies Profiled

• Texas Instruments Incorporated
• Qorvo, Inc.
• MACOM Technology Solutions Inc.
• Broadcom
• CTS Corporation
• Johanson Technology
• Infineon Technologies AG
• Semiconductor Components Industries, LLC
• TDK Corporation
• Vishay Intertechnology

Industry News

• In May 2021, TDK Corporation introduced a new line of EPCOS power capacitors for DC link applications, enhancing IPD performance in high-voltage environments.
• In March 2021, Vishay Intertechnology launched an Automotive Grade through-hole inductor with a 420 A saturation current, targeting automotive applications for integrated passive devices.

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