Global IPDs Market to be Valued at USD 2.64 billion by 2025.

Expected to grow at a compound annual growth rate (CAGR) of 11.7%, till 2025, the integrated passive devices market is valued at USD$ 2.64 billion.

LED products have accelerated its usage in various electronic devices along with the use of RF IPDs for convenient wireless communication. This has increased customers’ use of handheld devices. Miniaturisation of these devices is the demand for the IPD market.

Previously at USD$ 260.9 million in 2015, the extensive use of the products of this market is expected to promote growth.