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Report explores the integrated passive devices

Report explores the integrated passive devices

The integrated passive device market for data converters is expected to grow at a high rate between 2016 and 2022. The market growth can be attributed to the increasing demand for miniaturized RF modules in consumer gadgets such as smartphones and printers.The major factors driving the growth of this market include the increasing adoption of IPDs in consumer durable devices and the integration of IPDs in RF applications.

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The integrated passive device (IPD) 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 this market include the increasing adoption of IPDs in consumer durable devices and the integration of IPDs in RF applications.

The integrated passive device market for data converters is expected to grow at a high rate between 2016 and 2022. The market growth can be attributed to the increasing demand for miniaturized RF modules in consumer gadgets such as smartphones and printers.

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The rising trend of shrinking physical dimensions of consumer electronics is also contributing to the growth of the market.

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EMEA is likely to hold the largest share of the integrated passive device market by 2022. 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. The presence of established smartphone, wearable device, and consumer electronics manufacturers in this region is one of the key factors driving the growth of the IPD market in EMEA.

RF-IPD is expected to hold the largest share of the integrated passive device market by 2022, owing to the considerably wide commercialization of this market for RF-IPD. The increasing demand for RF-IPD in next-generation RF such as ZigBee, LTE, and UWB is driving the growth of the integrated passive device market for RF-IPD.

There is a presence of a large number of integrated passive device industry players in EMEA, specifically in Europe. The main driving factor for the growth of the integrated passive device market in Europe is the presence of a large number of consumer durable and wearable device manufacturers in this region.

APAC is the fastest growing market for integrated passive devices. The growth of the market in APAC can be attributed to the presence of emerging countries such as South Korea, China, and India, which offer lucrative opportunities for the IPD market due to the growing base for telecommunication infrastructure, communication devices, and consumer electronics in these countries.

The higher costs of integrated passive devices compared to that of discrete components is restraining the growth of the market. the RF tuning of integrated passive devices demands longer product design cycle, which acts as a major hindrance for the growth of the market.

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This report segments the integrated passive device market on the basis of base, product, type, application, and geography. The market for baluns is expected to witness a significant growth during the forecast period.

This market growth can be attributed to the requirement of more number of balun units in a single circuit compared to the rest of the segments.

The market for integrated passive devices with silicon base is expected to grow at a high rate between 2016 and 2022. This market growth can be attributed to the advantages of silicon base over other bases such as higher resistivity and lower RF coupling to devices.

The key players in this market include On Semiconductor (U.S.), Stats ChipPAC (Singapore), STMicroelectronics (Switzerland), Murata-IPDiA (Japan), Johanson Technology (U.S.), Onchip Devices (U.S.), AFSC (Taiwan), and Infineon (Germany).

 

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