Integrated Passive Devices Market Competitive Dynamics & Global Outlook 2026

Integrated Passive Devices Market Competitive Dynamics & Global Outlook 2026

The integrated passive devices market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.

The integrated passive devices market growth shall be fostered by the numerous features offered by IPDs system such as reduced interconnection complexity, improved performance, reduced package footprints, improved component tolerance and output, and better flexibility. These advanced characteristics will escalate the high adoption rate of integrated passive devices in numerous smart consumer wearables, IoT and AI-enabled devices, and infotainment and navigation systems in automobiles.

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Substantial investment by the governments to develop the automotive industry will augment the high adoption of IPDs system in vehicle components. As per the European Commission, Gestamp, a Spanish multinational company, which has specialties in the developing and manufacturing metal components for automobiles, will receive a loan amount of EUR200 million from the European Investment Bank (EIB), to upgrade its research capabilities for the production of lighter, safer, and environmentally friendly cars. Similar investments will bolster the opportunities for auto component and technology developers.

The integrated passive devices market share from the automotive segment accounted for 17% market share in 2019 and is expected to record 8% CAGR up to 2026. The growth is predominantly attributed to the extensive utilization of IPDs in vehicle electronics for wireless communication. IPDs system are widely used in vehicle electronic applications such as digital speedometer, electronic control unit (ECU), intelligent headlights, and others, due to the cost-effectiveness associated with the product.

The utilization of alumina packaged, and GaAs IPD helps in preventing devices from moisture and enhances the electrical and thermal performances of equipment. Companies are proactively innovating new products to cater to the escalating demand in the industry.

For example, Mitsubishi Electric in August 2018, introduced a new GaAs high-frequency device, ideal for satellite communicating, compound semiconductor, communication receiving devices, and broadcasting devices. The advent of modern equipment will augment the demand for IPDs system.

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Europe integrated passive devices market held a market share of 18% in 2019 and is estimated to expand at 7% CAGR in the forthcoming years. The regional industry expansion would majorly be fostered by the presence of several government initiatives and support to uplift semiconductor manufacturing across the continent.

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