Integrated Passive Devices (IPD) Industry to Observe Strong Development by 2025
The global integrated passive devices (IPD) market is
expected to reach USD 2.64 billion by 2025, according to a new study by Grand
View Research, Inc. The growing demand for wireless, electronic, handheld
devices is presumed to drive the market growth over the forecast period.
IPD, such as RF devices, facilitate efficient
wireless communication and prevent loss of network signals. They are used
across several applications including digital & mixed signals, RF
transceivers, power amplifiers, MEMS, digital processors, and power management
units. The growing penetration of these devices in wireless consumer market can
be attributed to the high volume of customers adopting cellular phones and
other IoT devices.
The applications of this technology in digital and
mixed signals are fewer, but significant. The commercialization of an
application is subject to its potential to comply with electrical performance
and density requirements of conventional DC-DC converter modules and
high-performance silicon digital interposer substrates.
Additionally, custom-designed IPD used in specialty
and niche applications, such as GPS tracking and cellular encryption, are
expected to drive the growth of the market. In terms of materials, thin film
products are expected to be the next-generation technology benchmarks as they
enable higher densities and lower losses. The advancements in sophisticated
packaging techniques have resulted in cost-effective IPD and have increased the
scope for large-scale commercialization.
Full
Research Report On Global Integrated Passive Devices Market By Grand View
Research:
www.grandviewresearch.com/industry-analysis/integrated-passive-devices-ipd-market
www.grandviewresearch.com/industry-analysis/integrated-passive-devices-ipd-market
Further
key findings from the report suggest:
- The EMS and EMI protection IPD segment dominated
the overall market and accounted for over 9% of the market share in 2015.
The growth was attributed to its application in wireless medical devices
such as stimulators, cardiac pacemakers, and insulin pumps
- The automotive end-use segment posed as a key segment
and accounted for over USD 276 million of the overall industry revenue in
2015. The cost-effectiveness of IPD lead to their usage in automotive
electronics applications such as electronic control Unit (ECU),
intelligent headlights, and digital speedometers
- The consumer electronics segment is expected to
emerge as the fastest-growing segment with a CAGR of over 13% over the
forecasted period, due to the increasing penetration of mobile phones
- IPDs are presumed to gain traction in the
healthcare segment, owing to their use in medical devices, such as
pacemakers, enabling size reduction and low power-consumption in the
devices
- The LED lighting segment accounted for over USD
131 million of the overall market in 2015, due to its growing adoption in
commercial applications such as billboards, traffic signals, and glow
signs. LED lighting consumes low power and facilitates the abovementioned
applications
- The RF IPD segment is expected to significantly
contribute to the industry growth and accounted for over USD 806 million
of the global industry revenue in 2015, owing to its extensive usage in
POS terminals; thereby, contributing toward digital payment facilities
- The key industry participants include STATS
ChipPAC Ltd., ON Semiconductor, IPDiA, STMicroelectronics, Infineon
Technologies AG, Amkor Technology, Inc., and TSMC Ltd.
Browse
More Reports Of This Category By Grand View Research:
Grand View Research has segmented the global IPD market based on
application, end-use, and region:
IPD
Application Outlook (Revenue, USD Million; 2014 - 2025)
- EMS and
EMI protection IPD
- RF IPD
- LED
lighting
- Digital
&mixed signal IPD
IPD
End-use Outlook (Revenue, USD Million; 2014 - 2025)
- Automobile
- Consumer
electronics
- Healthcare
- Others
IPD
Regional Outlook (Revenue, USD Million; 2014 - 2025)
- North
America
- Europe
- Asia
Pacific
- RoW
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-integrated-passive-devices-ipd-market
www.grandviewresearch.com/press-release/global-integrated-passive-devices-ipd-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More
Information: www.grandviewresearch.com
Comments
Post a Comment