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Integrated Passive Device Market Grow Vigorously with Key Players Johanson Technology, STMicroelectronics , Murata Manufacturing , OnChip Devices, 3D Glass Solutions, AVX
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Integrated Passive Device Market to 2027 – Global Analysis and Forecast by material, product, application, and end-user, integrated passive device market is expected to grow US$ 1,647.8 million by 2027 from US$ 820.1 million in 2018. The global integrated passive device market is witnessing a high growth due to the factors such as increasing adoption of IoT across the globe, penetrating smartphones, increasing vehicle to vehicle communication, and others. The Asia Pacific region is holding the prominent market share of global integrated passive device market and are expected to witness high Y-o-Y growth during the forecast period. Increasing industrialization is a prominent factor which has influenced the Asia Pacific industries heavily in the recent years. Japan and China are the most prominent countries for integrated passive device market players with huge opportunity.
The increasing demand for automotive infotainment in the Asia Pacific is expected to create a potential demand for IPD during the forecast period. The large populations of China and India, the expanding middle class in these countries and also the manufacturing sector scenario in both countries are poised to foresee a bright future for the automotive. Further, the development of autonomous vehicles and the connected car in Japan, China, and South Korea will also boost the demands.
Top Companies Covered in this Report
1. Johanson Technology, Inc.
2. STMicroelectronics N.V.
3. Murata Manufacturing Co., Ltd.
4. OnChip Devices, Inc.
5. 3D Glass Solutions, Inc.
6. AVX Corporation
7. STATS ChipPAC Pte. Ltd.
8. NXP Semiconductors N.V.
9. ON Semiconductor
10. Infineon Technologies
Some of the remarkable partnership and collaboration in this market are STMicroelectronics announced its collaboration with Truphone, to provide its technology to Murata for introducing a low power cellular module for the world of IoT/M2M devices.
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The report segments the global integrated passive device market as follows:
Global Integrated Passive Device Market – By Material
Glass
Silicon
Others
Global Integrated Passive Device Market – By Product
Baluns
Filter
Diplexers
Couplers
Others
Global Integrated Passive Device Market – By Application
ESD/EMI Protection
Digital and Mixed Signals
RF IPD
Others
Global Integrated Passive Device Market – By End-Use
Consumer Electronics
Healthcare
Telecommunication
Aerospace and Defence
Automotive
Global Integrated Passive Device Market – By Geography
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