Molded Interconnect Device Market (MID) : Global Market Trend, Share, Profit, Growth Report

 The MID market is expected to reach USD 1,798.3 million by 2023 from USD 894.1 million in 2018, at a CAGR of 15.0% from 2018 to 2023.

Download PDF Brochure of Molded Interconnect Device Market (MID) Market spread across 91 Pages, Profiling Companies and Supported with Tables and 46 Figures is now available at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1636554 .

Target Audience

• Raw material and manufacturing equipment suppliers
• System integrators
• Technology developers
• Integrated circuit designers
• MID original equipment manufacturers (OEMs)
• Integrated device manufacturers
• Research organizations
• Associations, organizations, and alliances related to MID

Key players operating in the MID market are Molex (US), LPKF (Germany), TE Connectivity (Switzerland), HARTING (Germany), APC (US), JOHNAN (Japan), MID Solutions (Germany), 2E mechatronic (Germany), and Multiple Dimensions (Switzerland).

Key factors driving the growth of the MID market include the increasing use of MID in medical devices, rising demand for miniaturization in the consumer electronics industry, and growing need to reduce e-waste. However, the technological monopoly of LDS equipment manufacturer is a major factor restraining the growth of the market.

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Sensors to boost MID market growth during forecast period

MIDs are used in sensors for a variety of industrial and automotive applications. Industrial applications include temperature sensors, motion sensors, pressure sensors, and flow sensors, among others. In automotive, MID-based sensors are used in adaptive cruise control system, central locking, and climate control applications. MID miniaturizes devices, which helps reduce the weight of the overall sensor system and increases functionality, resulting in low-cost end-use devices. The use of MID will increase in sensors, which will further drive the MID market growth in the coming years.

Asia Pacific to account for largest size of MID market during forecast period

APAC is expected to offer lucrative opportunities for the Molded Interconnect Device Market (MID) growth owing to the growing base for communication infrastructure, communication devices, and consumer electronics. APAC is one of the key regions for players dealing with smart phones and wearable devices. The trend of miniaturization of components in smart phones and wearable’s will drive the MID market in this region. This region is expected to witness mass commercialization of 5G by 2020.

Following is the breakup of the profiles of primary participants for the report:

• By Company Type: Tier 1 – 20%, Tier 2 –55%, and Tier 3 –25%
• By Designation: C-Level Executives –45%, Directors–30%, and Others–25%
• By Region: North America–45%, Europe–30%, APAC –20%, and RoW – 5%

Research Coverage

This research report categorizes the MID market by process, product type, industry, and geography. By process, the market has been segmented into LDS, 2-shot molding, and film techniques. Byproduct type, the MID market has been classified into antennae & connectivity modules, connectors & switches, sensors, lighting, and others. By industry, the market has been segmented into telecommunications, consumer electronics, automotive, medical, and industrial. Moreover, the report covers the market in4major regions—North America, Europe, APAC, and RoW.

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 List of Tables

Table 1 Molded Interconnect Device Market, By Process, 2015–2023 (USD Million)
Table 2 Molded Interconnect Device Market, By Product Type, 2015–2023 (USD Million)
Table 3 Molded Interconnect Device Market for Antennae and Connectivity Modules, By Industry, 2015–2023 (USD Million)
Table 4 Molded Interconnect Device Market for Sensors, By Industry, 2015–2023 (USD Million)
Table 5 Molded Interconnect Device Market for Connectors and Switches, By Industry, 2015–2023 (USD Million)
Table 6 Molded Interconnect Device Market for Lighting, By Industry, 2015–2023 (USD Million)
Table 7 Molded Interconnect Device Market for Others, By Industry, 2015–2023 (USD Million)
Table 8 Molded Interconnect Device Market, By Industry, 2015–2023 (USD Million)
Table 9 Molded Interconnect Device Market for Telecommunications, By Product Type, 2015–2023 (USD Million)
Table 10 Molded Interconnect Device Market for Consumer Electronics, By Product Type, 2015–2023 (USD Million)
Table 11 Molded Interconnect Device Market for Automotive, By Product Type, 2015–2023 (USD Million)
Table 12 Molded Interconnect Device Market for Medical, By Product Type, 2015–2023 (USD Million)
Table 13 Molded Interconnect Device Market for Industrial, By Product Type, 2015–2023 (USD Million)
Table 14 Molded Interconnect Device Market, By Region, 2015–2023 (USD Million)
Table 15 Molded Interconnect Device Market in North America, By Country, 2015–2023 (USD Million) and more..

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