Integrated Passive Devices Market Expands with Rising Miniaturization
The global integrated passive devices (IPD) market has witnessed remarkable expansion driven by the growing miniaturization of electronic components, increasing adoption of 5G technology, and advancements in semiconductor manufacturing. The market was valued at USD 1,184.4 million in 2023 and is projected to grow from USD 1,264.3 million in 2024 to USD 2,023.6 million by 2031, exhibiting a CAGR of 6.95% during the forecast period (2024–2031).
Get Full Detailed PDF Report: https://www.kingsresearch.com/integrated-passive-devices-market-2018
The demand for integrated passive devices has accelerated with the rise of high-frequency communication systems, compact consumer electronics, and automotive electronics. IPDs enable reduced system size, enhanced performance, and improved reliability, making them a crucial component in next-generation electronic systems
Market Overview
Integrated passive devices (IPDs) are miniaturized components that integrate resistors, capacitors, and inductors on a single substrate using semiconductor technology. These devices offer high performance, excellent signal integrity, and significant space savings, which are essential for compact and high-speed electronic systems.
With the proliferation of connected devices, including smartphones, wearables, automotive sensors, and Internet of Things (IoT) devices, the need for smaller and more efficient components has surged. IPDs play a key role in supporting this trend by reducing the number of discrete components on printed circuit boards (PCBs) and enabling greater system integration
Market Dynamics
Key Growth Drivers
- Rising Demand for Miniaturization in Electronics: As electronic devices become smaller and more sophisticated, manufacturers are increasingly turning to IPDs for compact circuit design and improved power efficiency.
- Growth of 5G and Wireless Communication Technologies: The deployment of 5G networks has increased demand for RF systems that require high-performance passive components with low signal loss and enhanced reliability.
- Increasing Adoption in Automotive Electronics: The shift toward electric vehicles (EVs), advanced driver-assistance systems (ADAS), and infotainment systems has boosted the integration of IPDs for better signal filtering and noise suppression.
- Enhanced System Efficiency and Cost Reduction: IPDs enable simplified assembly, lower material costs, and reduced parasitic effects, contributing to cost-effective and energy-efficient electronic solutions.
Restraints
- High Design and Fabrication Costs: The initial investment in manufacturing infrastructure and the complexity of integration limit adoption among small and mid-sized manufacturers.
- Limited Flexibility for Custom Designs: IPDs are typically optimized for specific applications, which can limit flexibility compared to discrete components in rapidly evolving markets.
Opportunities
- Emergence of IoT and Wearable Devices: The growing use of connected devices and sensors across industries presents new opportunities for IPDs due to their compactness and high reliability.
- Advancements in Semiconductor Materials: Innovations in materials like silicon and glass substrates enhance performance, enabling IPDs to handle higher frequencies and operate in demanding environments.
- Integration in Healthcare Devices: Increasing adoption of electronic health monitoring and diagnostic equipment creates demand for miniaturized passive components with superior performance.
Market Segmentation
By Material
- Silicon:
- The silicon segment holds the largest share of the market due to its superior electrical properties, compatibility with CMOS processes, and ability to support high-frequency applications. Silicon-based IPDs are widely used in RF and signal conditioning systems.
- Glass:
- Glass substrates are gaining traction for high-performance applications that require low dielectric loss and excellent signal transmission. Their stability and scalability make them ideal for advanced communication systems.
- Others:
- Includes ceramic and polymer materials used in specific applications where mechanical robustness or cost optimization is a priority.
By Application
- Electromagnetic Interference (EMI)/Electrostatic Discharge (ESD):
- This segment dominates the market as IPDs are extensively used to mitigate EMI and protect circuits from ESD damage, particularly in mobile devices and automotive electronics.
- RF Systems:
- The growing use of RF modules in 5G base stations, smartphones, and wireless connectivity devices fuels demand for IPDs that offer superior frequency performance and miniaturization.
- Signal Conditioning:
- IPDs are essential in conditioning analog signals for improved accuracy in sensors, communication modules, and medical devices.
- Others:
- Includes timing, filtering, and impedance matching applications across various electronic systems.
By End Use
- Consumer Electronics:
- The largest end-use segment, driven by the proliferation of smartphones, tablets, wearables, and smart home devices that demand smaller and more efficient components.
- Automotive:
- The increasing integration of advanced electronics in vehicles—including infotainment, connectivity, and ADAS—has propelled the adoption of IPDs to enhance reliability and electromagnetic compatibility.
- Telecommunications:
- Rapid expansion of 5G networks and high-frequency communication infrastructure supports strong demand for IPDs in RF front-end modules and antenna tuning applications.
- Healthcare & Lifesciences:
- IPDs are increasingly used in medical electronics such as portable diagnostic equipment, imaging systems, and implantable devices where compactness and reliability are critical.
- Others:
- Includes industrial automation, aerospace, and defense sectors where IPDs contribute to system miniaturization and improved signal performance.
Regional Analysis
North America
North America leads the global integrated passive devices market, driven by strong semiconductor manufacturing capabilities, growing 5G infrastructure, and the presence of leading electronics companies. The U.S. is a major hub for technological innovation and R&D investments in advanced packaging and integration technologies.
Europe
Europe holds a significant market share due to the presence of key automotive and industrial electronics manufacturers. Countries such as Germany, France, and the U.K. are leading adopters of IPD technology, particularly in automotive and communication sectors.
Asia-Pacific
Asia-Pacific is projected to experience the fastest growth during the forecast period. The region’s dominance in semiconductor fabrication, combined with high consumer electronics production in China, South Korea, Japan, and Taiwan, drives the market significantly. Increasing adoption of IoT devices and 5G-enabled smartphones further supports regional growth.
Latin America
Emerging economies such as Brazil and Mexico are gradually adopting advanced electronics manufacturing and telecommunication technologies, contributing to market expansion in Latin America.
Middle East & Africa
The region is witnessing steady growth due to the rising adoption of smart technologies and the development of telecom infrastructure, particularly in Gulf Cooperation Council (GCC) countries
Competitive Landscape
The integrated passive devices market is moderately consolidated, with several key players focusing on innovation, miniaturization, and strategic collaborations to expand their product portfolios. Companies are investing heavily in research and development to improve device performance and manufacturing efficiency.
Key Market Players:
- STMicroelectronics N.V.
- Murata Manufacturing Co., Ltd.
- Infineon Technologies AG
- TDK Corporation
- ON Semiconductor Corporation
- Texas Instruments Incorporated
- Johanson Technology, Inc.
- AVX Corporation (Kyocera AVX)
- Qorvo, Inc.
- Taiyo Yuden Co., Ltd.
These companies are developing next-generation IPDs with improved integration capabilities and expanding their presence across high-growth regions such as Asia-Pacific and North America
Future Outlook
The global integrated passive devices market is poised for steady growth through 2031, supported by rapid technological advancements and increasing demand for compact and high-performance electronic systems. The proliferation of 5G networks, IoT ecosystems, and automotive electronics will continue to drive innovation in IPD design and manufacturing.
The integration of IPDs with advanced packaging technologies such as system-in-package (SiP) and 3D integration will further enhance performance and enable ultra-compact electronic systems. As the industry transitions toward smart, connected devices, IPDs will remain a cornerstone technology in next-generation electronics design
About Kings Research
Kings Research is a leading market research and consulting firm that provides comprehensive market intelligence and strategic insights to businesses across various industries.
Explore More Articles:
Top 5 Ways Japanese Companies Are Integrating AI & Culture
Global Metaverse-Ready Customer Engagement: How Innovations Are Transforming Brand Experiences
Comments
You must be logged in to comment.
Latest Articals
-
.jpeg)
How Structural Repair Services Can Extend the Life of Your Building
Maintaining the structural integrity of buildings and infrastructure is crucial for safety and longevity. Over time, constructions face challenges such as wear and tear, weather damage, and load stress. Structural repair services play a vital role in ensuring that damaged structures are restored efficiently. These services address problems ranging from minor cracks to major structural failures, allowing buildings to remain safe for occupants and extend their operational life.Understanding Structural DamageStructural damage can occur due to multiple factors including aging, natural disasters, poor construction practices, and water seepage. Ignoring these issues can lead to serious safety hazards. By consulting structural rehabilitation services, property owners can identify hidden weaknesses early. Rehabilitation involves a detailed assessment, evaluating the foundation, columns, beams, and load-bearing walls. Timely intervention prevents minor damages from escalating into costly repairs, making it a crucial part of building maintenance.Importance of Structural Repair ServicesInvesting in structural repair services ensures the safety,...
-
uPVC sliding windows for Durable & Energy-Efficient Homes
A home speaks of its quality, functionality as well as comfort in how well it facilitates comfort, saves energy and stands up to daily wear and tear. That said, uPVC windows have a far greater impact on enhancing this experience than most people realize. From the indoor temperature regulation to keeping outdoor disturbances at bay, the right uPVC window system could very well impact how a place feels and performs, year in and year out.Why Durability and Energy Efficiency MatterModern homes are supposed to do more than just look good; they have to adapt to changing climates, conserve energy, power as well as stay dependable with minimal maintenance. Traditional wooden windows are often constructed with hinges and get damaged when exposed to moisture, temperature fluctuations as well as continuous opening and closing.This is where the sliding uPVC windows are favored over wooden hinged windows for modern homes. Their build, structure...
-
Hedge Fund Carried Interest and Capital Gains Tax: What Investors Should Know
Hedge fund investing offers the potential for attractive returns, but it also involves complex compensation structures and tax considerations. One of the most debated aspects of hedge fund compensation is hedge fund carried interest, particularly how it is taxed compared to ordinary income. Understanding how carried interest works and its relationship to capital gains tax is essential for investors evaluating hedge fund opportunities.What Is Hedge Fund Carried Interest?Hedge fund carried interest refers to the share of profits that hedge fund managers receive as performance-based compensation. Typically, managers earn a management fee—often around 2% of assets under management—and a performance fee, commonly 20% of the fund’s profits. This performance fee is known as carried interest.Carried interest is intended to align the interests of hedge fund managers with those of investors. When the fund performs well, both parties benefit. However, the way this income is taxed has been a subject of ongoing...
-
Where Cities Pause to Breathe: Hyderabad’s Residential Story
A thoughtful look at Hyderabad’s residential evolution, shaped by steady growth, infrastructure planning, and homes designed for everyday life.Cities are not just collections of roads and buildings. They are agreements between people and places. Hyderabad has always understood this quietly. It has allowed its residents to arrive, settle, and stay without asking them to hurry. In this unspoken understanding lies the strength of the city’s residential fabric.Today, discussions around real estate in Hyderabad reveal a market shaped by patience rather than pressure. Buyers are not merely searching for addresses; they are choosing continuity. The city’s residential growth reflects this mindset, offering homes that support long-term living instead of temporary occupation.Why Hyderabad’s Housing Market Feels DifferentHyderabad’s residential stability is not accidental. It is the result of multiple factors working together, each reinforcing the other.Key characteristics shaping the market include:• Economic diversity: IT, pharmaceuticals, manufacturing, and research sectors employ over one million professionals...
-
.jpg)
Fractional CO2 Laser Treatment Recovery and Healing Process
Fractional CO2 laser treatment is a highly effective procedure for skin rejuvenation, acne scar reduction, pigmentation correction, and wrinkle improvement. While it offers impressive results, understanding the recovery and healing process is essential for achieving the best outcomes. By creating microscopic channels in the skin, the treatment stimulates collagen and elastin production, promoting natural repair. Patients who choose Fractional CO2 Laser Treatment in Riyadh benefit from professional guidance during recovery to ensure smooth, safe, and effective healing.What Happens Immediately After the ProcedureImmediately following the session, patients may experience mild redness, swelling, or a warm sensation in the treated areas. Tiny pinpoint scabs or peeling may also appear, which are normal parts of the healing process. These effects usually subside within a few days, depending on the treatment intensity and skin type. Applying recommended ointments or moisturizers and avoiding direct sun exposure is crucial for protecting the skin during this delicate...
-
First Visit to a Medical Spa in Atlanta: What to Expect
Visiting a medical spa for the first time can be both exciting and a little intimidating. If you’re considering treatments such as skin rejuvenation, laser procedures, or injectables, knowing what to expect can help you feel confident and prepared. A medical spa Atlanta residents trust combines the relaxation of a traditional spa with advanced medical-grade treatments, all performed under professional supervision.What Is a Medical Spa?A medical spa, also known as a med spa, offers aesthetic treatments that go beyond what a day spa provides. Services are typically overseen by licensed medical professionals, such as physicians, nurse practitioners, or registered nurses. Common treatments at a medical spa Atlanta location may include Botox and dermal fillers, chemical peels, laser hair removal, body contouring, and advanced facials.The environment is designed to be calming and luxurious, while still maintaining strict medical standards for safety and hygiene.Initial Consultation and Skin AssessmentYour first visit to a...