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Download Free sampleThe global Integrated Passive Devices (IPD) market was valued at 936.48 Million USD in 2021 and will grow with a CAGR of 4.98% from 2021 to 2027, based on Research newly published report.
The prime objective of Integrated Passive Devices Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Integrated Passive Devices Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Integrated Passive Devices are attracting an increasing interest due to constant needs of handheld wireless devices to further decrease in size and cost and increase in functionality. Many functional blocks such as impedance matching circuits, harmonic filters, couplers and baluns and power combiner/divider can be realized by IPDs technology. IPDs are generally fabricated using standard wafer fabrication technologies such as thin film and photolithography processing. IPDs can be designed as flip chip mountable or wire bondable components and the substrates for IPDs usually are thin film substrates like silicon, alumina or glass.EMEA is likely to hold the largest share of the integrated passive device market by 2023. The presence of fabrication as well as IPD manufacturers is driving the growth of the IPD market in Europe. Europe, in EMEA, has a decent demand for IPD products as it is an early adopter of new technologies. The presence of established smartphone, wearable device, and consumer electronics manufacturers in this region is one of the key factors driving the growth of the IPD market in EMEA.
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