Press release
Integrated Passive Device Market to Grow at 8+% CAGR to Reach US$ 1,647.8 Mn by 2027 Led by AVX Corporation, STATS ChipPAC Pte, 3D Glass Solutions, Murata Manufacturing and Infineon Technologies
The global integrated passive device market is accounted to US$ 820.6 Mn in 2018 and is expected to grow at a CAGR of 8.3% during the forecast period 2019 – 2027, to account to US$ 1,647.8 Mn by 2027.Asia-Pacific is anticipated to be the fastest growing market in the integrated passive device market. The APAC region comprises a broad geographical footprint that embeds the large number of industrial and economic growth, which foresee huge application of IPDs which would accentuate the growth of integrated passive device market in APAC.The integrated passive device market has recently witnessed a significant adoption in Asia Pacific countries such as India, China, and others. The growth in adoption of the integrated passive device is attributed to several factors such as increasing trend of integration of electronics in automotive, increasing number of connected devices, increasing number of smartphones, and others.
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Some of the key companies operating in integrated passive device market across the globe include Johanson Technology, Inc., STMicroelectronics N.V., Murata Manufacturing Co., Ltd., OnChip Devices, Inc., 3D Glass Solutions, Inc., AVX Corporation, STATS ChipPAC Pte. Ltd., NXP Semiconductors N.V., ON Semiconductor, and Infineon Technologies among various other leading market players. Several other players are also functioning in the market worldwide, contributing significant revenue shares year on year.
The report enables you to-
- Formulate significant competitor information, analysis, and insights to improve R&D strategies
- Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
- Identify and understand important and diverse types of Integrated Passive Devices under development
- Develop market entry and market expansion strategies
- Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
- In-depth analysis of the product's current stage of development, territory and estimated launch date
The growing demand for advanced electronic devices across various industries such as telecommunication, healthcare, automotive, and others the requirement of miniaturization of devices is increasing. The IPD’s are integrated within these electronic devices namely: RF IPD is incorporated into connected devices that comprise of mobile phones and tablets.
The global integrated passive devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the integrated passive devices market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global integrated passive devices market based on material, product, application, and end-user. It also provides market size and forecast till 2025 for overall integrated passive devices market with respect to four major regions, namely; North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).
The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all four regions namely; North America, Europe, APAC, and rest of the world after evaluating political, economic, social and technological factors affecting the market in these regions.
Also, key integrated passive devices market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
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Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Integrated Passive Devices Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Integrated Passive Devices Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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