San Francisco, CA -- (SBWIRE) -- 05/17/2019 -- Global Integrated Passive Devices Market: Overview
Integrated passive devices are gaining popularity due to soaring needs for further reduction in size and cost and increment in functionality in handheld devices. These devices enable miniaturization of devices by combining different functional blocks, including couplers, impedance matching devices, harmonic filters, and baluns, and integrating them into one semiconductor chip. There are primarily three types of integrated passive devices, which are electrostatic discharge (ESD), electromagnetic interference (EMI), and radio frequency (RF). They find application in LED lighting, data converters, and EMI/RFI filtering. The report provides a 360-degree view of the global integrated passive devices market.
Global Integrated Passive Devices Market: Key Trends
The rising adoption of integrated passive devices in consumer electronics is one of the primary forces behind the remarkable growth of the global integrated passive devices market. Integrated passive devices are being increasingly acknowledged due to their ability to reduce costs and interconnection complexities in electronic devices and enhancing yield, reliability, and tolerance. The increasing integration of these devices with RF modules is also working in favor of the market.
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On the flip side, the higher cost of these devices as compared to discrete component is restricting the global integrated passive devices market from realizing its utmost potential. Moreover, the longer product design cycle due to the RF tuning of these devices is negatively impacting the growth of the market.
Global Integrated Passive Devices Market: Market Potential
A raft of players are bonking on mergers and acquisitions to strengthen their product portfolio and enhance their visibility in the global integrated passive devices market. A case in point is Murata Manufacturing Co. Ltd., ("Murata"), which in October 2016 announced the acquisition of IPDiA. The acquisition will help the former in stepping up its game in the market and also strengthen its business within the sectors such as automotive, communication, and medical. Moreover, it will facilitate them in manufacturing leading edge integrated passive devices. The introduction of such devices is likely to revolutionize the global integrated passive devices market.
Global Integrated Passive Devices Market: Geographical Segmentation
The key regions reviewed in the report are North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. Europe will represent a substantial share in the global arena. A large number of integrated passive devices manufacturers are headquartered in the region. Moreover, the early adoption of novel technologies and strong demand for wearable devices and consumer electronics are creating fertile ground for the growth of the integrated passive devices market in the region.
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Asia Pacific is a highly promising market. The rapid development in the telecommunication infrastructure and rising demand for consumer electronics and communication devices are supplementing the growth of the region. Emerging countries such as South Korea, India, and China will be the sights of high growth rate in the region.
Global Integrated Passive Devices Market: Competitive Landscape
The majority of large players in the global integrated passive devices market are investing sizeable funds in research and development activities to introduce advanced and innovative products, which will help them in staying ahead in the market. Companies are also focusing towards mergers and acquisitions to expand and diversify their product portfolio. Some of the prominent global participants in the market are On Semiconductor, Infineon Technologies AG, Stats ChipPAC, Amkor Technology Inc., Murata-IPDiA, STMicroelectronics, Onchip Devices, and AFSC.
The study presents reliable qualitative and quantitative insights into:
Market segments and sub-segments
Market trends and dynamics
Supply and demand chain of the market
Market valuation (revenue and/or volume)
Forces defining present and estimated future state of the competitive landscape
Value chain and stakeholder analysis
The regional analysis covers:
Middle East and Africa
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
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