The Integrated Passive Devices Global Market Report 2023, provides comprehensive information on the integrated passive devices market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Integrated Passive Devices Global Market Report 2023, the global integrated passive device market size is expected to grow from $1.48 billion in 2022 to $1.64 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The global integrated passive device market size is expected to reach $2.38 billion in 2027 at a CAGR of 9.8%.
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The contemporary landscape of the integrated passive devices market is unquestionably characterized by a conspicuous and inexorable trend – technological advancement. It is this overarching paradigm shift towards technological innovation that is propelling the integrated passive devices sector into the forefront of the technological domain, garnering substantial popularity and acclaim.
Eminent corporations operating within the integrated passive devices market have unequivocally recognized the paramount importance of embracing and pioneering new technologies as a linchpin to their sustained market prominence. These industry leaders are acutely aware that staying at the vanguard of technological progress is the key to not only maintaining their market positioning but also to furthering their competitive edge within the marketplace.
A striking example of such technological pioneering comes from the United States-based Qorvo, a renowned purveyor of innovative Radio Frequency (RF) solutions. In the epoch of September 2020, Qorvo unveiled a remarkable technological breakthrough in the form of the high-performance n41 sub-Band 5G Bulk Acoustic Wave (BAW) filter. This innovative filter stands out for its distinctive attributes, notably encompassing low insertion loss, exceptional out-of-band rejection capabilities, and a remarkably compact physical footprint.
The Qorvo QPQ1298 filter is the harbinger of an enhanced paradigm in the 5G landscape, possessing the requisite attributes for delivering the high data capacity that is the hallmark of 5G technology. Its higher frequency and expansive bandwidth make it particularly well-suited for catering to the demands of 5G networks in diverse geographical contexts, including rural, suburban, and densely urban locales.
In summation, the foray of Qorvo into the domain of high-performance BAW filters represents a pivotal milestone in the ongoing evolution of the integrated passive devices market. Through this innovation, the market is propelled further into the realms of technological sophistication, offering a tantalizing glimpse of what is achievable through technological ingenuity, and how it can play a transformative role in addressing the burgeoning needs of the modern telecommunications landscape.
The integrated passive devices market is segmented:
1) By Material: Silicon, Glass, Other Materials
2) By Passive Devices: Baluns, Filter, Couplers, Diplexers, Customized Integrated Passive Devices, Other Passive Devices
3) By Packaging: Wire Bonding, Single In-Line Package (SIL), Quad Flat No Lead (QFN), Chip-Scale Package, Wafer Level Package, Other Packagings
4) By Application: Electrostatic Discharge (ESD) Or Electromagnetic interference (EMI), RF Integrated Passive Device, Digital And Mixed Signals, Other Applications
5) By End-Use: Consumer Electronics, Automotive, Communication, Aerospace And Defence, Healthcare And Life Sciences
North America was the largest region in the integrated passive devices market in 2022.
The table of contents in TBRC’s integrated passive devices market report includes:
1. Executive Summary
2. Integrated Passive Devices Market Characteristics
3. Integrated Passive Devices Market Trends And Strategies
4. Integrated Passive Devices Market – Macro Economic Scenario
5. Integrated Passive Devices Market Size And Growth
…
27. Integrated Passive Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Integrated Passive Devices Market
29. Integrated Passive Devices Market Future Outlook and Potential Analysis
30. Appendix
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