Global Integrated Passive Devices Market Segments 2024, Forecast To 2033
5 Mar, 2024
The integrated passive devices market has demonstrated rapid growth, increasing from $1.63 billion in 2023 to $1.81 billion in 2024, with a 10.6% CAGR. The historic period's growth is attributed to electronics miniaturization and wireless technology advancements. Expecting rapid growth, the market is projected to reach $2.67 billion in 2028 with a 10.2% CAGR, driven by IoT expansion, smart home technology, and increased connectivity needs.
Global Integrated Passive Devices Market Key Driver
Integrated passive devices market expansion is linked to the growing demand for smartphones. Smartphone sales were expected to reach 154.1 million units in 2022, reflecting a 3% increase. The rising demand for smartphones drives the integrated passive devices market, supported by the Consumer Technology Association's report.
Get A Free Sample Of The Global Integrated Passive Devices Market ReportGlobal Integrated Passive Devices Market Segments
The integrated passive devices market covered in this report is segmented –
1) By Material: Silicon, Glass, Other Materials
2) By Passive Devices: Baluns, Filter, Couplers, Diplexers, Customized Integrated Passive Devices, Other Passive Devices
3) By Packaging: Wire Bonding, Single In-Line Package (SIL), Quad Flat No Lead (QFN), Chip-Scale Package, Wafer Level Package, Other Packagings
4) By Application: Electrostatic Discharge (ESD) Or Electromagnetic interference (EMI), RF Integrated Passive Device, Digital And Mixed Signals, Other Applications
5) By End-Use: Consumer Electronics, Automotive, Communication, Aerospace And Defence, Healthcare And Life Sciences
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the integrated passive device market in 2023. Asia-Pacific is expected to be the fastest-growing region in the integrated passive devices market report during the forecast period. The regions covered in the integrated passive devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Integrated Passive Devices Industry Players
Infineion Technologies AG; STMicroelectronics N.V.; Murata Manufacturing Co. Ltd.; Johanson Technology Inc.; OnChip Devices Inc.; STATS ChipPAC Corp.; ON Semiconductor Corp.; Infineon AG; Global Communication Semiconductors; Advanced Furnace Systems; Broadcom Inc.; Skyworks Solutions Inc.; Texas Instruments Inc.; Micron Technology Inc.; NXP Semiconductors NV; Vishay Intertechnology Inc.; TDK Corporation; Taiyo Yuden Co. Ltd.; AVX Corporation; Samsung Electro-Mechanics Co. Ltd.; Panasonic Corporation; Yageo Corporation; Walsin Technology Corporation; Chilisin Electronics Corp.; Coilcraft Inc.; Pulse Electronics Corp.; Token Electronics Industry Co. Ltd.; Integrated Passive Component Technologies Corp.; KEMET Corporation; Maxim Integrated Products Inc.; Renesas Electronics Corporation
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AIOps Integrated Passive Devices Market Overview
Integrated passive devices refer to devices that are completely integrated and installed on a semiconducting substrate and comprise passive circuit components like resistors, inductors, and capacitors. It is utilized in a variety of applications including aerospace and defense, wireless, and test and measurement.
Integrated Passive Devices Global Market Report 2023 provides data on the global integrated passive devices market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The integrated passive devices market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.