The integrated passive devices market growth shall be fostered by the numerous features offered by IPDs system such as reduced interconnection complexity, improved performance, reduced package footprints, improved component tolerance and output, and better flexibility. These advanced characteristics will escalate the high adoption rate of integrated passive devices in numerous smart consumer wearables, IoT and AI-enabled devices, and infotainment and navigation systems in automobiles.
The incorporation of IPDs system will facilitate manufacturers of automobiles and consumer electronics devices to minimize the overall cost and gain small footprint packages. Reportedly, global integrated passive devices market size is estimated to surpass US$2 billion by2026.
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Integrated passive devices with filters and diplexers find usage in frequency bands and lumped-elements circuit used for the purpose of impedance matching. Diplexers are used in GPS, antennas, cellular infrastructures like 2G, 3G and LTE, automotive telematics, IoT applications and front-end modules of wireless base stations.
The devices give stable and reliable temperature performance, high-performance and low insertion loss. In 2019, the diplexers segment held around 15% industry share and is anticipated to rise further credited to growing adoption of the devices in 5G communication systems and in the telecommunication industry.
The electrostatic discharge/electromagnetic interference accounted for over 40% market share in 2019 and is likely to register more than 8% CAGR by 2026. IPD with ESD/EMI possess the ability to offer flexible designs, giving better solutions like fast rise time and low voltage discharge with enhanced performance and robustness in less development cycle. ESD/EMI integrated passive devices help in improving signal reception and stop transmission loss, which makes them highly popular for mobile phone applications.
The automotive sector held over 17% market share in 2019 and is estimated to record a CAGR of over 8% in the upcoming years owing to surging use of integrated passive devices in car electronics for wireless communication purpose. IPDs are cost-effective and are finding high demand in automotive electronic applications such as digital speedometers, intelligent headlights, and electronic control unit.
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Europe integrated passive devices market held a market share of 18% in 2019 and is estimated to expand at 7% CAGR in the forthcoming years. The regional industry expansion would majorly be fostered by the presence of several government initiatives and support to uplift semiconductor manufacturing across the continent.
Leading companies of the global integrated passive devices market are emphasizing on new product development to gain a competitive advantage in the industry. Also, extensive R&D activities and business collaborations would help companies operating in the industry to fulfill the growing demand for advanced devices and consolidate their position in the global market.
Major Key Points from Table of Content:
Chapter 6 Integrated Passive Devices Market, By Passive Devices
6.1 Key trends, by passive devices
6.2.1 Market estimates and forecast, 2016 - 2026
6.3.1 Market estimates and forecast, 2016 - 2026
6.4.1 Market estimates and forecast, 2016 - 2026
6.5.1 Market estimates and forecast, 2016 - 2026
6.6 Customized IPD
6.6.1 Market estimates and forecast, 2016 - 2026
6.7.1 Market estimates and forecast, 2016 - 2026
Chapter 7 Integrated Passive Devices Market, By Application
7.1 Key trends, by application
7.2 RF IPD
7.2.1 Market estimates and forecast, 2016 - 2026
7.3 Digital & Mixed Signal
7.3.1 Market estimates and forecast, 2016 - 2026
7.4 Electrostatic discharge/electromagnetic interference (ESD/EMI)
7.4.1 Market estimates and forecast, 2016 - 2026
7.5.1 Market estimates and forecast, 2016 – 2026
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