The integrated passive device market is expected to witness a high growth during the forecast period. The overall market is expected to reach USD 1370.1 Million by 2022 from USD 730.1 Million in 2016, at a CAGR of 8.99% between 2016 and 2022.
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According to the new market research report on the "Integrated Passive Device Market by Base (Silicon and Non-Silicon), Product (Baluns, Couplers, Diplexers, Harmonic Filters) Type (ESD, EMI, RF-IPD), Application (Data Converters, EMI/RFI Filtering and LED Lighting), Geography - Global Forecast to 2022", this market is expected to be valued at USD 1370.1 Million by 2022, growing at a CAGR of 8.99% between 2016 and 2022. The major factors driving the growth of the integrated passive device (IPD) market include the increasing adoption of IPDs in consumer durable products and integration of IPDs in RF applications.
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The presence of fabrication as well as IPD manufacturers is driving the growth of the IPD market in Europe. Europe, in EMEA, has a decent demand for IPD products as it is an early adopter of new technologies.
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The target audience for the report includes:
- Raw material abd material testing equipment suppliers
- Integrated device manufacturers (IDMs)
- Integrated passive device technology platform developers
- Integrated passive device manufacturers
- Integrated passive device product manufacturers (ODMs)
- Integrated passive device original equipment manufacturers (OEMs)
- Distributors and traders
- Research organizations
- Organization, forums, alliances, and associations
The study answers several questions for the stakeholders, primarily, which market segments to focus on in the next two to five years for prioritizing efforts and investments.
The market covered under this report has been segmented, as follows:
Integrated Passive Device Market, by Base
Integrated Passive Device Market, by Product
- Baluns and Couplers
- Harmonic Filters
- Others (Triplexers, ESD Diodes, Customized IPDs)
Integrated Passive Device Market, by Type
- Others (LEDs)
Integrated Passive Device Market, by Application
- EMI/RFI Filtering
- LED Lighting
- Data Converters
Integrated Passive Device Market, by Region
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