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Integrated Passive Devices Market Share

Report ID: GMI4124
Published Date: Nov 2020
Report Format: PDF

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Integrated Passive Devices Market Share

Key players operating in the integrated passive devices market are :

Murata Manufacturing Co. Ltd
STMicroelectronics
Texas Instruments
ON Semiconductors
Johnson Technology
3DiS Technologies
STATS ChipPAC Ltd

Companies are focusing on continuous research and development activities to provide technologically advanced products than their competitors. In August 2020, Johnson Technology announced the development of its new filter/balun-based integrated passive devices designed for Semtech’s Long Range & Low Power LoRa and LoRa Smart Home RF transceivers.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

In 2019, the global industry revenue for integrated passive devices crossed USD 1 billion and will grow at over 9% CAGR through 2026 with the penetration of technologies like 5G and artificial intelligence.

Silicon-based integrated passive devices segment captured more than 75% of market share in 2019 will expand at nearly 9% CAGR through 2026, owing to benefits like small thermal coefficient, high insulation, and improved device performance.

Baluns segment captured 30% of industry share in 2019 and is anticipated to record a 10% CAGR up to 2026, attributed to the soaring adoption in antenna systems like broadcast and radio communications.

Owing to favorable government initiatives to expand semiconductor manufacturing, the Asia Pacific market share is estimated to grow at a CAGR of over 10% through 2026.