Europe is leading with the maximum share of the Global Integrated Passive Devices Market, as per the studied conducted.

1. Market Highlights
Integrated Passive Device market is witnessing at present an unprecedented growth owing to the
demand from the information and communication industry has driven the market to expand to a
great extent. The global integrated passive device market is anticipated to witness significant
growth during the forecast period (2016-2023), reveals Market Research Future (MRFR) in a
detailed analysis of the said market. An in-depth review of the segments has also been
encompassed for a better understanding of the Integrated Passive Device market in coming years.
Drivers and Restraints
The significant driving factors in the market are increasing demand of consumer electronic
equipment’s, rising automotive industry, higher demand for the semiconductor products among
others, while the hindrance to the market is the price of the product, among others.
The growth of the semiconductor industry across the globe is consequently fueling the global
market for integrated passive devices over the review period. Rising market of the consumer
semiconductor industry, and increasing demand for Diplexer, capacitors, couplers, and high-Q
inductors among others, is expected to grow over the review period, consequently, drive the
market for integrated passive devices. The market for IPDs is expected to profit owing to their
higher usage in system-in-package technology, among other applications, such as the Internet of
Things.
Segmentation:
The analysis of the integrated passive devices market trends is segmented on the basis of products,
application, material, and region. demand material, the global integrated passive devices market for
integrated passive devices consists of silicon base and non-silicon base. the products, the integrated
passive devices market is segmented into couplers, diodes, and diplexers. Fueling the application
growth, the integrated passive devices market consists of RF power amplifier, smartphones, RF
transceivers, Wi-Fi devices, and GPS.
Key Market Players
The prominent players identified by MRFR in the Integrated Passive Devices Market are On
Semiconductor (U.S.), Infineon Technologies AG (Germany), Micron Technology, Inc. (U.S.), Texas
Instruments Inc. (U.S.), STMicroelectronics (U.S.), Global Communication Semiconductors, LLC
(U.S.), STATS ChipPAC Ltd (Singapore), Global Communication Semiconductors, Inc. (U.S.), 3DiS
Technologies (France), Johanson Technology, Inc. (U.S.), OnChip Devices, Inc. (U.S.), among others.
Regional Analysis
Regionally, the COVID-19 analysis of integrated passive devices market has been studied under the
key regions of North America, Asia, Europe, and Rest of the World (ROW).
The integrated passive device market is being led by the Europe region as countries such as
Germany, France and U.K. portray a positive growth rate by the adoption of these devices.
North America further stands as the second biggest market for the integrated passive device
market. The development that is being done by the key companies such as the U.S. and Canada gives
North America a massive boost to the market to expand.

2. On the other hand, Asia Pacific also stands at the position of the third-biggest market. With the
presence of global high number of semiconductor companies and advancement being made in the
consumer electronics segment are also giving a massive boost to the market growth.