Integrated Passive Device Market Size, Trends, Share Analysis And Report 2022-2031

The Global Integrated Passive Device (Ipd) Market, valued at US$ 1.7 billion in 2021, is anticipated to witness robust growth, projecting a Compound Annual Growth Rate (CAGR) of 8.1% from 2022 to 2031. The market is expected to reach a valuation of US$ 3.6 billion by the end of 2031. This insight is part of an in-depth analysis presented in the Integrated Passive Device Market Outlook 2031 report.

Market Dynamics and Growth Drivers
The surge in demand for high-powered compact electronic devices is identified as a primary driver propelling the global integrated passive device market. IPDs find applications not only in consumer electronics but also in diverse industries such as automotive, energy & utility, aerospace & defense, healthcare, and IT & telecommunication. The increased adoption of the Internet of Things (IoT) and 5G technology further contributes to the market's upward trajectory.

Integrated passive components, including filters, diplexers, and baluns, are witnessing heightened demand in wireless system applications, particularly in IoT and smart appliances. The growing implementation of 5G networks and the rise in demand for electric vehicles and smartphones equipped with 5G technologies are expected to fuel the integrated passive device market during the forecast period.

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Technological Advancements and Opportunities
The report highlights significant advancements in IPDs, particularly the use of Through-Glass-Via (TGV) substrate for high-frequency applications. Glass substrates, offering high thermal stability, low dielectric loss, and adjustable coefficients of thermal expansion, are becoming increasingly popular in the fabrication of passive devices. This technological enhancement is anticipated to augment the growth of the integrated passive device market.

Regional Insights
North America is predicted to dominate the integrated passive device market, driven by increased IoT penetration, investments in 5G communication, and the expansion of the semiconductor sector in the region. Asia Pacific and Europe are also significant contributors to the global market, with Europe experiencing growth in the adoption of in-vehicle infotainment systems and Asia Pacific witnessing a surge in demand for smartphones.

Analysis of Key Players
This business is consolidated with the presence of a few large-scale entities controlling majority of the global integrated passive device industry share. Key players operating in the global market are CTS Corporation, Global Communication Semiconductors, LLC, Infineion Technologies AG, Johanson Technology, Inc, MACOM, Murata Manufacturing Co., Ltd., NXP Semiconductors, ON Semiconductors, Qurvo, Inc., STMicroelectronics and Texas Instruments Incorporated. These players are engaged in implementing productive strategies to mark their presence in the global integrated passive device.

Passive Devices
• Baluns
• Filters
• Couplers
• Diplexers
• Resonators
• Others (Power Splitters/Combiners, Attenuators, etc.)

Substrate
• Silicon
• Glass Wafer
• GaAs
• Ceramic

Packaging
• Wire Bonding
• SIL
• QFN
• Chip-scale Package
• Wafer Level Package
• Others (DIP, SIP, etc.)

Application
• LED
• RF Module
• Ultra-wideband
• WLAN
• GPS System
• Others (On-Board Cellular, Bluetooth, etc.)

Regions Covered
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

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