Global Integrated Passive Device Market Precise Study on Factors, Drivers and Key Players Strategies Analyzed till 2025

Integrated Passive Device refers to the passive components including resistors, capacitors, and inductors, among others which are arranged in various combinations depending upon their applications. With the help of Integrated Passive Device various functional blocks can be realized which includes filters, RF filters, converters, couplers, diplexers, among others. Filters are predominantly used in wireless applications where there is high interference from the radiation caused due to stray magnetic field and that created by the other devices in the environment. Filters help in eliminating the stray fields and allow only those waves which are required to pass through them. With the use of Integrated Passive Devices, it is possible to reduce the size of the circuit by approximately seventy percent which results in cost saving while ensuring increased performance along with a compact design of the electronic device.

According to the report, the Global Integrated Passive Devices Market is projected to expand at a CAGR of 10.72% during 2017 and 2025.

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Based on the End-User, the market has been divided into automotive, consumer electronics, healthcare and others. In 2016, the consumer electronics segment was the topmost revenue generating segment owing to the increased implementation of the Integrated Passive Devices in electronic devices which are becoming compact in size. Furthermore, the automotive segment is also expected to witness a healthy growth owing to the large scale adoption of electronics in the automobiles for infotainment, battery management system, driver assistance systems, and GPS among others. The consumer electronics segment is expected to grow at CAGR of 10.80 % over the forecast period from 2017 to 2025.

LED Lighting Segment to Remain Prominent Application Segment

Based on the application, the market has been segmented into EMI/RFI filtering, RF Integrated Passive Device, LED lighting and others. In 2016, the LED lighting segment generated a revenue of US$ 150.1 Mn and is expected to grow at the highest CAGR of 11.21%. This growth can be attributed to the increasing use of LEDs for residential, commercial and municipal lighting which is found to be cost effective in the long run. Additionally, there is also a bolstering growth in the use of LEDs for display in 4-K television and smartphones display that is fuelling the growth of LEDs.

Global Integrated Passive Device Market, By Base

Silicon
Non- Silicon
Global Integrated Passive Device Market, By End-User

Automotive
Consumer Electronics
Healthcare
Others
Global Integrated Passive Device Market, By Application

EMI/RFI Filtering
RF IPD
LED Lighting
Others
Global Integrated Passive Device Market, By Geography

North America
The U.S.
Canada
Rest of North America
Europe
The U.K.
Germany
France
Rest of Europe
Asia Pacific
India
Japan
China
Rest of Asia Pacific
Middle East and Africa (MEA)
GCC countries
South Africa
Rest of Middle East and Africa
South America
Brazil
Rest of South America

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