Integrated Passive Device Market revenue to reach USD 3.6 Billion by 2031, says Transparency Market Research Inc.

Integrated Passive Device market (Markt für integrierte passive Geräte) is estimated to attain a valuation of US$ 3.6 Bn

WILMINGTON, DE, UNITED STATES, December 19, 2024 /EINPresswire.com/ -- Integrated Passive Devices (IPDs) are essential components in modern electronics, consolidating passive elements like resistors, capacitors, and inductors into a single chip. This miniaturization leads to enhanced performance, reduced power consumption, and lower manufacturing costs, making IPDs crucial for various applications such as consumer electronics, automotive, telecommunications, and healthcare.

Integrated Passive Device market (Markt für integrierte passive Geräte) is estimated to attain a valuation of US$ 3.6 Bn by the end of, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 8.1% during the forecast period, 2022-2031

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24914

Integrated Passive Device market is estimated to attain a valuation of US$ 3.6 Bn by the end of , states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 8.1% during the forecast period, 2022-2031

The significant players operating in the global Integrated Passive Device market are: CTS Corporation, Global Communication Semiconductors, LLC, Infineion Technologies AG, Johanson Technology, Inc, MACOM, Murata Manufacturing Co., Ltd., NXP Semiconductors, ON Semiconductors

Market Segmentation

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.)

End-use Industry
Automotive
Aerospace & Defense
Consumer Electronics
Healthcare
Others (IT & Telecommunication, Energy and Utility, etc.)

By Region
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Market Drivers and Challenges

Market Drivers:

Increasing Demand for Miniaturization: The push for smaller, more efficient devices in consumer electronics and automotive industries drives the demand for IPDs.
Advancements in Semiconductor Technology: Innovations in manufacturing processes and materials enhance IPD performance, making them more attractive.
Rising Adoption of IoT and 5G Technologies: The proliferation of IoT devices and the rollout of 5G networks require high-performance, compact components, boosting IPD demand.

Market Challenges:

High Initial Costs: The development and manufacturing of IPDs require significant investments, which can be a barrier for smaller companies.
Complex Design and Integration: Integrating multiple passive components into a single chip poses technical challenges that require specialized expertise.

Access Full Report from Here: https://www.transparencymarketresearch.com/integrated-passive-devices-market.html

Market Trends
Shift Towards Advanced Packaging: The trend towards advanced packaging solutions like 3D integration and System-in-Package (SiP) is gaining momentum.
Growing Focus on Energy Efficiency: As energy efficiency becomes a priority, IPDs are increasingly designed to minimize power consumption.
Integration with Active Components: There is a growing trend towards integrating passive devices with active components to create more compact and efficient systems.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -

Flexible Display Market²-The value of the global flexible display market stood at US$ 14.9 Bn in 2021. The market is likely to expand at a CAGR of 33.1% during the forecast period, from 2022 to 2031. The global flexible display market is predicted to surpass the valuation of US$ 242.6 Bn by 2031

OLED Display Market³-The global OLED display market is broadly affected by several factors, including increase in use of OLED display and rapid adoption of OLED display in the consumer electronics industry, which, in turn, is anticipated to boost the global OLED display market.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Atil Chaudhari
Transparency Market Research Inc.
+1 518-618-1030
email us here

¹ https://www.transparencymarketresearch.com/integrated-passive-devices-market.html
² https://www.transparencymarketresearch.com/flexible-displays-market.html
³ https://www.transparencymarketresearch.com/oled-displays.html