Press release
Integrated Passive Device Market Opportunities, Trends, Competitive Analysis, Product Type, Functional Blocks, Application, Market Demand and Growth by 2023
The global integrated passive device market is expected to register high growth during the forecast period, with the market projected to reach from $901.5 million in 2016 to $1,572.3 million by 2023, witnessing a CAGR of 8.4% during 2018-2023. Integrated passive devices are widely used for applications such as digital and mixed signals, LED lighting, RF applications and ESD/EMI protection. Of them, the digital and mixed signal applications led the market in 2016, and is expected to remain the largest market during the forecast period as well, majorly on account of the increased electrical performance requirements. Moreover, integrated passive devices offer miniaturization, cost reduction and added functionality benefits that are likely to create positive outlook for this market.
Request free sample copy of this research report @ https://www.psmarketresearch.com/market-analysis/integrated-passive-device-market/report-sample
Baluns are expected to contribute the largest revenue to the global IPD market throughout the forecast period. Anticipated supremacy of the baluns segment can be attributed to their extensive utilization in almost all applications, where these devices are being used. Additionally, more number of balun units are required in a single circuit, as compared to the other functional blocks, owing to which the market for baluns is likely to witness a notable growth in the coming years.
Among functional blocks, market for harmonic filters is expected to witness the fastest growth during the forecast period. Rising demand for power quality, increasing adoption of variable frequencies by the end-users, growing demand from IT and data centers, increasing government regulations, and growing awareness regarding the potential damage from harmonic distortion are some of the major factors driving the market for harmonic filters globally. These filters help to overcome certain limitations associated with conventional filters, such as higher utility cost and less power factor, due to which harmonic filters are likely to substitute conventional equipment in near future.
Among regions, Europe, Middle-East and Africa (EMEA) are expected to contribute the highest revenue to the global integrated passive device market during the forecast period. Existence of fabrication and IPD manufacturers are the major factors responsible for the growth of IPD market in Europe. In EMEA, the European countries contribute the largest to the rapidly growing IPD market. The growth in Europe can be attributed to the surge in demand for IPD products, as it has been an early adopter of new technologies.
Asia-Pacific (APAC) is expected to register the highest growth in the global integrated passive devices market during the forecast period. Growth of the IPD market in APAC is largely driven by rapid growth in emerging economies such as China, South Korea, Taiwan and India. Furthermore, presence of these countries offer profit-making imperatives for the IPD market owing to the rapid advancements in the telecommunication, infrastructure and consumer electronics in Asia-Pacific.
Explore report @ https://www.psmarketresearch.com/market-analysis/integrated-passive-device-market
The major players operating in this market include On Semiconductor, Stats ChipPAC, STMicroelectronics, Murata-IPDiA, Johanson Technology, Onchip Devices, AFSC and Infineon.
About P&S Market Research
P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.
With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.
Contact:
P&S Market Research
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com
Request free sample copy of this research report @ https://www.psmarketresearch.com/market-analysis/integrated-passive-device-market/report-sample
Baluns are expected to contribute the largest revenue to the global IPD market throughout the forecast period. Anticipated supremacy of the baluns segment can be attributed to their extensive utilization in almost all applications, where these devices are being used. Additionally, more number of balun units are required in a single circuit, as compared to the other functional blocks, owing to which the market for baluns is likely to witness a notable growth in the coming years.
Among functional blocks, market for harmonic filters is expected to witness the fastest growth during the forecast period. Rising demand for power quality, increasing adoption of variable frequencies by the end-users, growing demand from IT and data centers, increasing government regulations, and growing awareness regarding the potential damage from harmonic distortion are some of the major factors driving the market for harmonic filters globally. These filters help to overcome certain limitations associated with conventional filters, such as higher utility cost and less power factor, due to which harmonic filters are likely to substitute conventional equipment in near future.
Among regions, Europe, Middle-East and Africa (EMEA) are expected to contribute the highest revenue to the global integrated passive device market during the forecast period. Existence of fabrication and IPD manufacturers are the major factors responsible for the growth of IPD market in Europe. In EMEA, the European countries contribute the largest to the rapidly growing IPD market. The growth in Europe can be attributed to the surge in demand for IPD products, as it has been an early adopter of new technologies.
Asia-Pacific (APAC) is expected to register the highest growth in the global integrated passive devices market during the forecast period. Growth of the IPD market in APAC is largely driven by rapid growth in emerging economies such as China, South Korea, Taiwan and India. Furthermore, presence of these countries offer profit-making imperatives for the IPD market owing to the rapid advancements in the telecommunication, infrastructure and consumer electronics in Asia-Pacific.
Explore report @ https://www.psmarketresearch.com/market-analysis/integrated-passive-device-market
The major players operating in this market include On Semiconductor, Stats ChipPAC, STMicroelectronics, Murata-IPDiA, Johanson Technology, Onchip Devices, AFSC and Infineon.
About P&S Market Research
P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.
With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.
Contact:
P&S Market Research
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
