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Integrated Passive Device Market To Show Startling Growth During Forecast Period 2020–2025 – KSU | The Sentinel Newspaper

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The term "passive" refers to passive components, including resistors, capacitors, and inductors, and passive components arranged in various combinations according to their applications. With the help of integrated passive components, various functional blocks can be realized, including filters, RF filters, converters, couplers, duplexers, etc. Filters are mainly used in wireless applications. In these applications, radiation interference due to stray magnetic fields and radiation generated by other devices in the environment is great. Filters help eliminate stray fields and allow only those waves that are needed to pass through them. By using integrated passive components, the circuit size can be reduced by about 70%, thereby saving costs, while ensuring improved performance and compact design of electronic equipment.

According to end users, the market has been divided into automotive, consumer electronics, healthcare and other markets. In 2016, due to the increasing use of integrated passive devices in increasingly compact electronic devices, consumer electronics products are the most revenue-generating part. In addition, due to the large-scale adoption of electronic devices in automobiles such as infotainment, battery management systems, driver assistance systems, and GPS, the automotive sector is also expected to achieve healthy growth. During the forecast period from 2017 to 2025, the consumer electronics field is expected to grow at a compound annual growth rate of 10.80%.

According to the application, the market has been subdivided into EMI/RFI filtering, RF integrated passive components, LED lighting, etc. In 2016, the revenue of the LED lighting sector was US$150.1 million and is expected to grow at the highest compound annual growth rate of 11.21%. This growth can be attributed to the increasing use of LEDs in residential, commercial and municipal lighting, which is considered cost-effective in the long run. In addition, the display use of LEDs in 4-K TVs and smart phone displays has also been strongly promoted, which has promoted the growth of LEDs.

Integrated passive components have been increasingly adopted in the Asia-Pacific region. This is due to the fact that established manufacturers and various domestic manufacturers in the region have a large number of electronic manufacturing facilities. In addition, the number of wireless devices using integrated passive device technology to improve efficiency and performance is increasing, and the emergence of high-speed Internet. The widespread adoption of automation in the industry and the increasing popularity of integrated passive devices in the healthcare sector are expected to further promote the growth of the integrated passive device market in this region. The Asia-Pacific region is expected to grow at a compound annual growth rate of 11.97% during the forecast period and occupy a revenue share of 471.6 million US dollars in 2025.

The report provides the competitive landscape of the integrated passive device market, thus listing all major players based on their main geographic location, market attractiveness, and recent major developments. The competitive landscape section of the report outlines the market share of some of the major players in 2016. The estimation of integrated passive device market data is the result of our in-depth secondary research, main interviews and internal expert panel review.

These market estimates have been analyzed by considering the influence of different political, social, economic, technological and legal factors as well as current market dynamics affecting market growth. Factors such as market position, products and R&D focus are all attributed to the company's capabilities. This section also identifies and includes various latest developments by major participants. In addition, the key points section provided at the end of the competitive landscape section will help the operating company make the best progress in the market.

Texas Instruments, Murata Manufacturing Co., Ltd, Broadcom, Taiwan Semiconductor Manufacturing Co., Ltd., STMicroelectronics, Infineion Technologies, ON Semiconductor (On Semiconductor Corporation) are the main participants mentioned in this research. As part of the company's profiling analysis, detailed information such as financial, business strategy, SWOT analysis, and other such strategic information related to these participants has been appropriately provided.

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