Integrated Passive Devices Market

Integrated Passive Devices Market Size Survey Report – In a Glance

As per the survey report on global Integrated Passive Devices Market, the market is projected to foresee a CAGR of 7.9% between 2024-2033, and further generate a market size of USD 3.8 billion revenue by the end of 2033. In the year 2024, the market size was valued at USD 1.5 billion revenue.

• The global Integrated Passive Devices market is projected to grow on account of growth in consumer technology.
• In Japan, the government initiatives supporting semiconductor manufacturing can be attributed to the increased innovation in the Integrated Passive Devices market.
• KDMI analyst’s growth analysis foresees environmental impact to challenge the market growth.
• Europe, having the highest market share in the Integrated Passive Devices Market, is projected to dominate the global market.

Integrated Passive Devices Market Analysis

Integrated passive devices, electronic components fabricated on insulating substrates, such as glass, are articulated to minimize the number of distinct passives in electronic systems, allowing cost-competitive remedies for such mechanisms and making them considerably lighter and smaller. Integrated passive devices are used in several consumer electronic products, such as gaming systems and set-top boxes, to perform numerous functions involving biasing, matching, decoupling, filtering and transforming. The expanding demand for consumer electronics and the corresponding growth of the consumer electronics sector is one of the significant growth drivers of the integrated passive devices market size. The future projections for 2024 in United States consumer technology indicated a 2.8% revenue expansion from 2021’s striking 9.6% increase over 2020 to produce over USD 505 billion in retail sales due to robust demand for automotive tech, smartphones and health devices. Apple, Inc., CTS Corporation, and Global Communication Semiconductors LLC are significant manufacturers in the global market for Integrated Passive Devices.

Analyst’s Observation on Japan Integrated Passive Devices Market Survey

A semiconductor device has incorporated passive device circuit elements so both are linked and are observing an increase in demand because chip-heavy vehicles and smart, IoT devices are manufactured in large proportion. The Japanese government initiative supporting the establishment of semiconductor companies is one of the significant growth drivers of the Japanese integrated passive devices market. The Japanese administration plans to spend around USD 65 billion to aid the country’s AI and semiconductor sector. The scheme, which will run till the decade’s end, is anticipated to produce USD 104 billion in private and public investment. As of 12 Nov 2024, the Japanese government announced that it is about to reveal a USD 65 billion scheme to revitalize its semiconductor sector, despite some challenges lately. Murata Integrated Passive Solutions is one of the significant manufacturers in the Japanese integrated passive devices market.

Integrated Passive Devices Market Growth Driver

Rapid emergence of smart technologies:

Integrated passive devices are tinier than discrete passive constituents, enabling them well-suited for lighter, smaller, and more efficient devices such as smartphones, IoT devices, and wearable devices. Around 130 million households have at least one smart speaker. The number of connected IoT devices will expand by 13% by the end of 2024, and about 16.6 billion connected IoT devices will be there by the end of 2023. By 2030, 40 billion IoT devices are predicted to be existing in the market. Smart technology has become increasingly essential to contemporary society, bringing several opportunities and benefits. The rapid emergence of smart technologies bodes well for the growth of integrated passive devices market size.

Integrated Passive Devices Market Segmentation

Our experts at KD Market Insights have segmented the global Integrated Passive Devices Market research report as:

Integrated Passive Devices Market Regional Synopsis

North America dominates the integrated passive device market due to the technological evolvement the region has gone through in semiconductor manufacturing and design capabilities, allowing high-quality IPD production. The CHIPS Act dedicated USD 52 billion spread over 5 years to aid investment in R&D and as additional investment in the semiconductor sector. The United States is home to several influential semiconductor companies, such as AMD, Nvidia and Intel supporting the strong supply of IPDs. The growing automotive industry in the region is another reason for the growth of the integrated passive devices market size. The automotive sector contributes around 3 to 3.5 per cent to the GDP, employing around 1.7 million people. Each year the industry spends around USD 16 to USD 18 billion annually on R&D activities, 99% of the whole amount is funded by the industry itself.

Regional Company Names

• Johanson Technology, Inc.
• OnChip Devices, Inc.
• Global Communication Semiconductors, LLC (GCS)

Integrated Passive Devices Market Competitive Landscape

Some of the key players who top the global Integrated Passive Devices Market share:

• Johnson Technology Inc
• Maruta Manufacturing Co Ltd
• NXP Semiconductors
• ON Semiconductors
• SiTime Corporation
• STMicroelectronics
• Broadcom
• CTS Corporation
• Infineon Technologies AG
• Global Communication Semiconductors, LLC.

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Integrated Passive Devices  Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Type
      2. By Applications
      3. By End-User
      4. By Region
5. Market Segmentation by Type
   1. Resistors
   2. Inductors
   3. Capacitors
   4. Baluns
   5. Filters
   6. Couplers
   7. Diplexers
   8. Others
6. Market Segmentation by Applications
   1. Radio Frequency
   2. Protection against Electrostatic Discharge (ESD)
   3. Mixed Signal Applications
   4. Others
7. Market Segmentation by End-User
   1. Consumer electronics
   2. Telecommunication
   3. Automotive
   4. Military and Aerospace
   5. Industrial
   6. Healthcare
   7. Others
8. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application x  
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3.               Market Analysis by Type, Application End-User  
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Application End-User  
9. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
      1. Johnson Technology Inc
      2. Maruta Manufacturing Co Ltd
      3. NXP Semiconductors
      4. ON Semiconductors
      5. SiTime Corporation
      6. STMicroelectronics
      7. Broadcom
      8. CTS Corporation
      9. Infineon Technologies AG
      10. Global Communication Semiconductors, LLC.
      11. Others
10. Strategic Recommendations
11. Appendix
    1. List of Tables
    2. List of Figures
12. References