DUBLIN, May 8, 2019 /PRNewswire/ -- The "Integrated Passive Device Market to 2027 - Global Analysis and Forecasts by Material; Product; Application; and End- User" report has been added to ResearchAndMarkets.com's offering.
The global integrated passive device market accounted to US$ 820.6 Mn in 2018 and is expected to grow at a CAGR of 8.3% during the forecast period 2019 - 2027, to account to US$ 1,647.8 Mn by 2027. The global integrated passive device market is experiencing steady growth in the forecast period with regards to continuous research and development activities, to bring necessary innovations in integrated passive devices market. The baluns hold a significant position in many product segments, which encompass an impedance matching network, balun transformer, and a filter in a small surface mount packages. Baluns significantly reduce PCB footprints, guarantees to filter, and prevents any manufacturing variability. A few of the commonly available baluns in the integrated passive device market are BALF-NRG-02D3, BALF-SPI2-01D3, BALF-SPI2-01D3, and others. These series are designed for wireless connectivity, and low energy 2.4GHz radios, and reduced footprints.
The integrated passive device market is fragmented with the presence of several industries and the competitive dynamics in the integrated passive device market are expected to change during the upcoming years. In addition to this, various initiatives are undertaken by governmental bodies to accelerate the integrated passive device market further. For instance, governments in North America have taken various measures to promote and attract investments in its automobile component manufacturing industry. Such initiatives undertaken by the government has a positive impact on the growth of integrated passive device market. This initiative provides multiple benefits to the integrated passive device market players and thus increasing the growth of integrated passive device market in the region.
A key trend which will predominantly affect the integrated passive devices market in the coming year is the emerging demand of customized integrated passive devices (IPDs). With the advancement in technology in today's world and the existing network, infrastructures are unable to handle the anticipated growth in the number of connected devices and the explosion of data over the network. As a result, an immense demand for a more reliable as well as robust communication network infrastructure which is capable of handling the huge inflow of data over the network is on the rise. These factors are anticipated to gain traction in the coming times having a significant impact of the integrated passive devices market.
Key Topics Covered:
- Key Takeaways
- Research Methodology
- Global Integrated Passive Device Market Landscape
- Integrated Passive Devices Market - Key Industry Dynamics
- Integrated Passive Device - Global Market Analysis
- Integrated Passive Device Market Revenue and Forecasts To 2027 - Material
- Integrated Passive Device Market Revenue and Forecasts To 2027 - by Product
- Integrated Passive Device Market Revenue and Forecasts To 2027 - by Application
- Integrated Passive Device Market Revenue and Forecasts To 2027 - by End-User
- Integrated Passive Device Market -Geographical Analysis
- Industry Landscape
- Global Integrated Passive Device Market - Key Company Profiles
- Johanson Technology, Inc.
- STMicroelectronics N.V.
- Murata Manufacturing Co., Ltd.
- OnChip Devices, Inc.
- 3D Glass Solutions, Inc.
- AVX Corporation
- STATS ChipPAC Pte. Ltd.
- NXP Semiconductors N.V.
- ON Semiconductor
- Infineon Technologies
For more information about this report visit https://www.researchandmarkets.com/r/mkht0h
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