23 Jul, 2026
According to Straits Research, the global integrated passive devices market size is valued at $1,651.77 million in 2025 and is estimated to reach $3,092.22 million by 2034, registering a CAGR of 7.0% during the forecast period 2026–2034.
The Integrated Passive Devices Market is boosted by the growing uptake of miniaturized and high-performance electronic components in consumer electronics, automotive, and telecommunication industries. The growth of demand for miniaturized, multi-functional devices, along with the rollout of 5G infrastructure and sophisticated automotive electronics, is fueling market growth in industrial, automotive, and healthcare markets.
Government support for semiconductor production, investment in next-generation packaging technologies, and R&D initiatives in the U.S., Taiwan, Germany, and Japan are major growth drivers. Strategic realization of multilayered and chip-scale package IPDs and integration into high-frequency and high-reliability environments is creating new opportunity spaces for system integrators and manufacturers.
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