Integrated Passive Devices Market Forecast 2035 | Key Driver, Restraint, and Growth Opportunity

Global Integrated Passive Devices Market Forecast 2035

According to the report, the global integrated passive devices market is likely to grow from USD 1.8 Billion in 2025 to USD 3.7 Billion in 2035 at a highest CAGR of 7.3% during the time period.

There is an increasing demand of miniaturization, high performance and cost effectiveness in the modern electronic systems in industries like consumer electronics, automotive and telecommunications, a phenomenon which is driving the growth of the global market of integrated passive devices (IPD).

The growing use of 5G technology, IoT devices and wearable electronics is putting more emphasis on the necessity to create smaller, highly efficient components capable of providing greater functionality in reduced footprints.

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Furthermore, the high rate of development of advanced driver-assistance systems (ADAS) and electric vehicles are developing tremendous opportunities, with IPDs showing high reliability and connectivity of complicated electronic circuits. It is increasingly used because of increased focus on minimizing signal losses, enhancing thermal performance and providing high frequencies in RF and wireless communication devices. Furthermore, the innovations in semiconductor manufacturing, wafer-level packaging and system-in-package (SiP) are facilitating economies of scope scale production at limited costs and in this regard, intense investments in R&D by the industry players are promoting innovation in IPDs to address the performance needs of the next generation applications.

"Key Driver, Restraint, and Growth Opportunity Shaping the Global Integrated Passive Devices Market
One of the strongest motivating factors to the global integrated passive devices (IPD) market is the growing need of high-speed transmission of data in the sophisticated communication systems. As data-intensive applications like cloud computing, augmented reality (AR), and high-definition video streaming are growing in popularity, IPDs are now becoming a common solution to improve signal integrity and minimize parasitic impacts to guarantee consistent connectivity in our small gadgets.

One huge limitation is that the initial design and manufacturing complexity of IPDs is great. The assembly of many passive devices on a chip requires a high level of precision in engineering, complex packaging and expensive semiconductor fabrication facilities which many small and mid-sized manufacturers do not have the necessary resources to implement.

There is a major opportunity in the increasing use of IPDs in medical electronics, such as in implantable devices, medical diagnostic devices and remote health care devices. IPDs are small, reliable, and need less power, which is why they should be used to facilitate the next-generation healthcare solutions that are more concerned with patient comfort and efficiency.

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Expansion of Global Integrated Passive Devices Market
"5G Adoption, Consumer Electronics Growth, and Automotive Electrification Driving Global IPD Market Expansion"
The Integrated Passive Devices (IPD) market is growing fast worldwide as the mass implementation of the 5G network necessitates miniaturized and high-frequency devices to operate effectively to process the RF signal. Firms such as Qorvo and Murata are providing microscopic IPDs in 5G base stations and smartphones to facilitate the transfer of more data and provide network reliability. As the global number of the 5G subscriptions is estimated to exceed 1 billion by 2028, the demand of IPDs is increasing as well.

The booming consumer electronics industry, especially smartphones, wearables and IoT devices also contribute to growth. The region of Asia Pacific is in the lead as it produces more than 60 percent of the smartphones being manufactured worldwide. The major IPD suppliers including STMicroelectronics and TDK are ramping up production to address the miniaturization and high-performance needs, encompassing the mass production of applications at high-volume consumer markets.

A growth factor is the current electrification of the automotive industry. IPDs are becoming part of EVs and superior driver-assistance systems (ADAS) to guarantee compact, reliable, as well as efficient circuitry. To illustrate, Infineon Technologies has also invented IPDs in the automotive radar and infotainment systems that are used in supporting the growing EV sales which are expected to exceed 14 million vehicles worldwide by the year 2030, which continues to expand the IPD market.

Regional Analysis of Global Integrated Passive Devices Market
The region has the greatest demand of the Integrated Passive Devices (IPDs) in the Asia Pacific because of the dominance of the region in consumer electronics manufacturing, the presence of highly established semiconductor ecosystem, and the fast pace of technology 5G adoption. Smartphones, wearables, and IoT devices are the most produced in countries such as China, Taiwan, South Korea, and Japan, and they are majorly dependent on miniature, high-performance IPDs. Murata, TDK, and Kyocera companies enjoy the advantages of the local supply chain and mass-scale production as companies can effectively respond to the high-volume demand. Asia Pacific is the biggest market in the world with its intensive investments in the infrastructure and R&D of the electronics industry that contributes to the adoption of IPD.

The IPD market is strongest growing in North America because of the growing use of the IPDs in high-performance computing, aerospace, defense, and automotive electronics, where reliability and miniaturization is a major concern. The increased use of electric vehicles (EVs), autonomous driving systems, and industrial IoT solutions generates the need to develop specialized IPDs with thermal and electrical characteristics. Infineon Technologies, Qorvo and Analog Devices are the companies that are expanding their products to cater to these markets. Also, government subsidies in semiconductor fabrics and smart infrastructure developments are improving growth, which has North America as the fastest-growing regional market of IPDs in the world.

Prominent players operating in the global integrated passive devices market are 3DiS Technologies, Amotech Co., Ltd., Analog Devices, Inc., Broadcom Inc., CTS Corporation, Global Communication Semiconductors, LLC, Infineon Technologies AG, Johanson Dielectrics, Knowles Corporation, Kyocera Corporation, MACOM, Mini-Circuits, Murata Manufacturing Co., Ltd., NXP Semiconductors, ON Semiconductor Corporation, Pulse Electronics, Qorvo, Inc., RF Microtech, Skyworks Solutions, Inc., STMicroelectronics N.V., Taiwan Semiconductor Manufacturing Company Limited, Taiyo Yuden Co., Ltd., TDK Corporation, Texas Instruments Incorporated, Vishay Intertechnology, X-FAB Silicon Foundries SE, Xpeedic, and Other Key Players.

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The global integrated passive devices market has been segmented as follows:
Global Integrated Passive Devices Market Analysis, by Passive Device
Baluns

Filters

Couplers

Resistors

Capacitors

Inductors

ESD Protection Devices

EMI Filtering Devices

Antenna Matching Devices

RF IPDs

Others (Power Splitters/Combiners, Attenuators, etc.)

Global Integrated Passive Devices Market Analysis, by Substrate Type
Silicon-based Substrate

Glass Substrate

GaAs Substrate

Others (SiC, GaN-on-Si, Sapphire, etc.)

Global Integrated Passive Devices Market Analysis, by Technology
Thin Film Technology

Thick Film Technology

Through-Silicon Via (TSV)

Silicon-on-Insulator (SOI)

Bipolar CMOS

Others

Global Integrated Passive Devices Market Analysis, by Frequency Range
Below 1 GHz

1 GHz to 6 GHz

6 GHz to 20 GHz

Above 20 GHz

Global Integrated Passive Devices Market Analysis, by Packaging Type
Chip Scale Packaging (CSP)

Quad Flat No-leads (QFN)

Wafer-Level Chip-Scale Packaging (WLCSP)

Fan-out Wafer Level Packaging (FOWLP)

Flip-Chip Package

System-in-Package (SiP)

Bare Die

Others

Global Integrated Passive Devices Market Analysis, by End Use Industry
Consumer Electronics

Smartphones & Mobile Devices

5G/4G RF Front-End Modules

Wi-Fi/Bluetooth Modules

GPS/GNSS Modules

Camera Modules

Others

Wearable Devices

Smartwatches

Fitness Trackers

Hearables

Others

Home Entertainment

Smart TVs

Gaming Consoles

Audio Systems

Others

Computing Devices

Laptops

Tablets

Desktop Computers

Others

Other Consumer Electronics

Automotive

Advanced Driver Assistance Systems (ADAS)

In-Vehicle Infotainment

Battery Management Systems (BMS)

Powertrain Electronics

Vehicle Telematics

Others

Telecommunications

5G Base Stations

RF Front Ends

Network Infrastructure

Antenna Systems

Satellite Communication Modules

Others

Industrial

Factory Automation Equipment

Motor Drives

Industrial IoT Sensors

Robotics Controllers

Power Converters and PLCs

Others

Healthcare

Medical Wearables

Implantable Devices

Patient Monitoring Equipment

Diagnostic Imaging Systems

Wireless Health Communication Devices

Others

Aerospace and Defense

Radar Systems

Secure Communication Systems

Avionics

Electronic Warfare Systems

Satellite Payloads

Others

Others (Smart Infrastructure, Agriculture, etc.)

Global Integrated Passive Devices Market Analysis, by Region
North America

Europe

Asia Pacific

Middle East

Africa

South America

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This release was published on openPR.