Integrated passive devices have witnessed increased adoption in the Asia Pacific region owing to the presence of large number of electronics manufacturing facilities of the established players and various domestic players in the region.
Albany, NY -- (SBWIRE) -- 03/22/2018 -- The assessment of the global integrated passive device market has been presented in a newly added research report on Market Research Hub's vast archive. The research study is titled as "Integrated Passive Device Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025", offering readers a clear perspective of the market and forecasts its size at the global and regional level. The market growth has been forecast based on volume (Tons) and revenue (US$ Mn) from 2017 to 2026. Furthermore, the geographical segmentation is also encompassed in the report which analyzes the scope of the market in different regions including North America, Europe, the Asia Pacific, South America, Europe and the Middle East and Africa.
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Integrated Passive Device refers to the passive components including resistors, capacitors, and inductors, among others which are arranged in various combinations depending upon their applications. It has been analyzed that the market has been profiting from the rising applications of IPD across industries such as automotive, healthcare, and aerospace and defense as focus on digitization of these industries rises at a promising pace. According to the report findings, the global integrated passive devices market is predictable to magnify at a CAGR of 10.72% during 2017 and 2025.
While analyzing the aforementioned regions, a detailed qualitative analysis of the factors responsible for driving and restraining the growth of the integrated passive device market in above regions has been provided. In addition, the report provides a detailed outline/blueprint of the integrated passive device market globally that will assist new companies in establishing their presence and market players in expanding their market share in the market. Furthermore, the authors have discussed recent developments and strategies anticipated to be adopted by the major players profiled in the study.
For a clear understanding, the global integrated passive device market has been categorized into various segments and sub-segments, which are based on end-user, base and application. Some of the major findings based on market segmentation include-
- On the basis of end-user, the report found that automotive segment is expected to hold highest market share over the forecast period owing to its significant acceptance in various applications.
- On the basis of geography, the Asia Pacific market is expected to expand at highest CAGR from 2017 to 2025 owing to the thriving expansion of the semiconductor and electronics industries.
- Depending upon the Application, the global Integrated Passive Device market is bifurcated into EMI/RFI filtering, RF IPD, LED Lighting, Others. On the basis of the base, it has been categorized into Silicon and Non-Silicon. Of them, Non-Silicon segment is expected to witness highest CAGR growth over the forecast period from 2017 to 2025.
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The final section of the study presents an exhaustive analysis focusing on the prime players operating in the global integrated passive device market. These are Taiwan Semiconductor Manufacturing Company limited, Murata Manufacturing Co., Ltd, Broadcom, STMicroelectronics, Texas Instruments, Infineion Technologies, On Semiconductor Corporation are few of the key players that have been profiled in this study.
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