Press release
Integrated Passive Devices market Size 2022 is Expected to Reach Around USD 2477.48 Million by 2029| CAGR 8.2%
Integrated Passive Devices market Overview
Qualitative analysis about Integrated Passive Devices market status (2022 To 2029), enterprise competition pattern, advantages and disadvantages of enterprise Products, industry development trends (2019 to 2029), regional industrial layout characteristics and macroeconomic policies, industrial policy has also be included. From raw materials to downstream buyers of this industry will be analysed scientifically, the feature of product circulation and sales Distribution will be presented as well. The comprehensive Demand analysis of the Integrated Passive Devices market will assist in managing better product differentiation, along with detailed understanding of the core capability of each activity involved. The Integrated Passive Devices market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
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White goods are one of the biggest applications of IPD technology. Integrated passive devices have been observed to have strong penetration in the consumer electronics sector, which consists of smartphones, tablets, portable media players, set-top boxes, digital televisions, and more. In recent years, the demand for smartphones has increased. Also, the need to pack multiple functions into a small form factor has led to the integration of passive devices.
Smartphones are equipped with many features such as Wi-Fi, Bluetooth, Global Positioning System, and Near Field Communication. With the next-generation communication technology, 4G LTE (Long Term Evolution), smartphones will need to support higher frequency bands, increasing the need for additional miniaturized components. This will increase the acceptance of IPDs in consumer electronics as it provides a cost-effective solution for miniaturization.
Following are the major Companies of Integrated Passive Devices market - 3DiS Technologies, On Semiconductor, Johanson Technology, Inc., STATS ChipPAC Ltd, STMicroelectronics, Global Communication Semiconductors, Inc., Micron Technology, Inc., Infineon Technologies AG and others.
Recent Developments
In February 2018, Murata launched NFZ03SG_SN series of audio line noise filters for smart phones to efficiently eliminate noise while maintaining high sound quality.
In February 2017, STMicroelectronics extended the flexibility of STM32 Ecosystem by launching STM32F722 Nucleo board and STM32F723 Discovery Kit. With rich on-board features such as MEMS microphones and sensors, an audio codec, and a display for user-interface development, these kits can support creative demonstrations.
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Integrated Passive Devices market Segmentation:
Based on the industrial chain, this report mainly indicates the definition, types, applications and major players of Integrated Passive Devices market in details.
Integrated Passive Devices Market by Application, 2020-2029, (USD Million) (Thousand Units)
Ems and Emi Protection IPD
RF IPD
Led Lighting
Digital and Mixes Single IPD
Integrated Passive Devices Market by End Use, 2020-2029, (USD Million) (Thousand Units)
Automotive
Consumer Electronics
Healthcare
Integrated Passive Devices market Regional Analysis:
Integrated Passive Devices market research targets on volume and value at regional Opportunity and company Trends From a global perspective, this report Study represents overall market analysed on historical data and future growth Aspects. Geographically, Integrated Passive Devices market report focuses on following key regions: Americas, Europe, Asia-Pacific, Middle East & Africa and ROW.
The European region is expected to dominate the global market for integrated passive devices in the coming years. The most important aspect supporting the growth of the regional market is the rapid technological development in this sector. Countries such as United Kingdom, France, and Germany are contributing the most to the growth of the regional market.
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Growth Market Overview:
Digital transformation of Integrated Passive Devices industry verticals requires broadband services, thereby promoting growth. For instance, increasing online commerce for retail goods and services, digitalization of hospital records, e-government initiatives, and rapidly rising platforms for media and entertainment content are notably augmenting the market growth. Wireless technology holds immense potential in accelerating the global digital revolution across verticals through productivity enhancements and cost-effectiveness.
Top Change Bringing Technologies
Industrial Internet of Things
Artificial Intelligence
Just in Time
Smart Packaging
Additive Manufacturing
Predictive Maintenance
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