The Integrated Passive Devices Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of integrated passive devices has seen robust growth lately. The market, which was worth $1.78 billion in 2024, is projected to reach $1.95 billion in 2025, increasing at a compound annual growth rate (CAGR) of 9.8%.
The Integrated Passive Devices market will expand to a size of $2.87 billion by 2029, marking an average yearly growth rate, or CAGR, of 10.1%.
Download Your Free Sample of the 2025 Integrated Passive Devices Market Report and Uncover Key Trends Now!The key drivers in the integrated passive devices market are:
• Expansion of Internet of Things (IoT)
• Technological advancements in medical devices
• Rising demand for automotive electronics
• The need for cost and space efficient solutions
The integrated passive devices market covered in this report 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 Defense, Healthcare And Life Sciences
The key trends in the integrated passive devices market are:
• The emergence of wearable technology is a major trend impacting the future of the integrated passive devices market.
• The growing demand for energy-efficient solutions is shaping the market.
• The transition to higher frequencies is a significant emerging trend.
• The trend towards cost and space efficiency is steadily influencing the market.
Major companies in the integrated passive devices market are:
• Infineion Technologies AG
• STMicroelectronics N.V.
• Murata Manufacturing Co. Ltd.
• Johanson Technology Inc.
• OnChip Devices Inc.
• STATS ChipPAC Corp.
• ON Semiconductor Corp.
• Broadcom Inc.
• Skyworks Solutions Inc.
• Texas Instruments Inc.
• NXP Semiconductors NV
• Vishay Intertechnology Inc.
• TDK Corporation
• Taiyo Yuden Co. Ltd.
• AVX Corporation
• Samsung Electro-Mechanics Co. Ltd.
• Panasonic Corporation
• Yageo Corporation
• Walsin Technology Corporation
• Chilisin Electronics Corp.
• Coilcraft Inc.
• Pulse Electronics Corp.
• KEMET Corporation
• Renesas Electronics Corporation
North America was the largest region in the integrated passive device market in 2024