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Integrated Passive Devices Market Trends, Industry Forecast, Applications, Growth Drivers, Trends & Demands - Global Forecast to 2022 | COVID-19 Effects

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Ehtesham Peerzade

Market Highlights

The use of Integrated Passive Devices (IPDs) has seen a rise due to their cost-effectiveness in reducing emissions worldwide. Integrated passive system applications to reduce interconnection intricacies, improve component reliability, tolerance, and yield are poised over the review period to gain traction. In addition, demand for diplexers, capacitors, couplers, and high-quality inductors, among others, is expected to fuel the expansion of IPDs over the evaluation period. To build products such as baluns, filters, and 5G-tuned diplexers, incorporating IPDs into these products would be crucial.  Integrating IPDs would help to reduce the size and power consumption of telecom infrastructure products, which would fuel the IPD market in the years to come, especially in the telecom industry. The expansion of the consumer semiconductor industry is also expected to generate growth opportunities for the market players involved in integrated passive devices. Market developments are also likely to expand due to the globally booming automotive industry.

Integrated Passive Device market is witnessing at present an unprecedented growth owing to the demand from the information and communication industry has driven the market to expand to a great extent. The global integrated passive device market is anticipated to witness significant growth during the forecast period (2016-2023), reveals Market Research Future (MRFR) in a detailed analysis of the said market. An in-depth review of the segments has also been encompassed for a better understanding of the Integrated Passive Device market in coming years.

High price of IPDs parallel to discrete components limits the growth of the market for the integrated passive products. In addition, low cost production is important for optimizing profits. The effect is expected to be small over the long term as key players operating in this sector are placing their efforts to the the cost of IPDs.

Regional Analysis

Regionally, the market for the integrated passive devices trends has been studied under the key regions of North America, Asia, Europe, and Rest of the World (ROW).     

The integrated passive device market is being led by the Europe region as countries such as Germany, France and U.K. portray a positive growth rate by the adoption of these devices.

North America further stands as the second biggest market for the integrated passive device market. The development that is being done by the key companies such as the U.S. and Canada gives North America a massive boost to the market to expand.

On the other hand, Asia Pacific also stands at the position of the third-biggest market. With the presence of global high number of semiconductor companies and advancement being made in the consumer electronics segment are also giving a massive boost to the market growth.

Segmentation:

The segmentation of the global integrated passive devices market is done on the basis of material, products, and applications. On the basis of the material, the market is bifurcated into silicon-based and non-silicon based. The products available in the market are couplers, diodes, diplexers, and others. The applications of integrated passive devices are found in RF power amplifiers, smartphones, wifi devices, RF transceivers, GPS, and others.

Competitive Analysis

The leading market players acknowledged by MRFR in the global market are  On Semiconductor (U.S.), Infineon Technologies AG (Germany), STMicroelectronics (U.S.), Global Communication Semiconductors, LLC (U.S.), Texas Instruments Inc. (U.S.), Global Communication Semiconductors, Inc. (U.S.), Micron Technology, Inc. (U.S.), STATS ChipPAC Ltd (Singapore), 3DiS Technologies (France), OnChip Devices, Inc. (U.S.), Johanson Technology, Inc. (U.S.) among others.

Also Read: http://www.marketwatch.com/story/integrated-passive-devices-market-to-be-bolstered-by-intensified-funding-inflow-by-2022-2020-02-19 

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