Research firm Million Insights says the global Integrated Passive Devices (IPD) Market size was estimated at $874.6 Million in 2015 and is expected to reach $2.64 Billion by 2025. Accordingly, miniaturization in electronic components making valuable additions in marketplace.
Segmentation of integrated passive devices market by base includes silicon and non-silicon. Segmentation by product includes baluns, couplers, duplexers and harmonic filters. Segmentation of integrated passive devices market by type includes ESD, EMI and RF-IPD. Segmentation by application includes data converters, EMI/RFI Filtering and LED Lighting. By region, integrated passive devices market includes North America, Europe, Asia Pacific, MEA, and Latin America.
- Integrated passive devices market by RF-ID segment leads market share owing to growth in market for miniaturized components/compact consumer electronics devices such as smart phones, tablets and wearable's.
- MEA witnesses rapid growth in IPD market in being early adopters to technological changes. Powerful presence of smart phones, tablets and wearable's in these regions are significant reasons promoting market growth in IPD market.
- As per news, a confirmed route to avoiding interconnection complexities and reducing footprint, silicon-based passive integration of RLC components at silicon wafer-level is the solution. Key industries in IPD market include On Semiconductor, Stats ChipPac, ST Microelectronics, Murata-IPDIA, Joahnson Technology, Onchip devices, AFSC, and Infineon Technologies.
For more insights, browse the “Global Integrated Passive Devices Market” report.