Market Research

Molded Interconnect Device Market Size, Share Report

The Molded Interconnect Device MID Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Molded Interconnect Device MID Market:

https://www.thebusinessresearchcompany.com/report/molded-interconnect-device-mid-global-market-report

According to The Business Research Company’s Molded Interconnect Device MID Global Market Report 2024, The molded interconnect device (mid) market size has grown rapidly in recent years. It will grow from $1.51 billion in 2023 to $1.77 billion in 2024 at a compound annual growth rate (CAGR) of 17.2%.  The  growth in the historic period can be attributed to miniaturization trends, consumer electronics evolution, automotive electronics development, medical device innovations, shift towards smart manufacturing..

The molded interconnect device (mid) market size is expected to see rapid growth in the next few years. It will grow to $3.27 billion in 2028 at a compound annual growth rate (CAGR) of 16.5%.  The growth in the forecast period can be attributed to ongoing evolution of consumer electronics, rise in medical device integration, automotive electronics growth, rapid prototyping and manufacturing innovations.. Major trends in the forecast period include regulatory compliance and quality standards, customization and design flexibility, rapid prototyping and manufacturing technologies, sustainability and material innovations, industry 4.0 and smart manufacturing..

Growing demand for IoT devices is expected to propel the growth of the molded interconnect devices market going forward. IoT devices refer to the billions of physical items or things linked to the internet, all of which gather and exchange data with other devices and systems over the internet. The rising demand for the Internet of Things (IoT), quantum computing, and 5G, among other emerging technology segments, combined with the connected world’s increasing demand for higher computational speed and efficiency, low-power devices, and intelligent chipsets, has had a significant impact on the semiconductor & electronics industry dynamics. For instance, in August 2022, according to a blog released by Techjury, collected from IoT Analytics. The categories with the most real corporate IoT initiatives in development included Smart City (23%), Connected Industry (17%), and Connected Building (12%) and 97% of firms believe that producing value from IoT-related data is challenging. Therefore, the growing demand for IoT devices will drive the molded to interconnect devices market.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=8856&type=smp

The molded interconnect device (mid) market covered in this report is segmented –

1) By Product: Antenna and Connectivity Modules, Connectors and Switches, Sensors, Lighting

2) By Process: Laser Direct Structuring (LDS), Two-shot molding, Other Processes

3) By Application: Automotive, Consumer products, Healthcare, Industrial, Military and aerospace, Telecommunication And Computing

Technological development is the key trend gaining popularity in the molded interconnect device market. Major businesses involved in molded connection devices are concentrating on creating cutting-edge technological solutions that are adaptable to other aspects, which is what is causing technologies like laser plastic welding to develop. For instance, in November 2021, LPKF Laser & Electronics, a German-based electronics manufacturing company, developed a new technology by combining LDS and laser plastic welding. The LPKF laser plastic welding technology produces aesthetically and functionally superior weld seams for durable and dependable plastic couplings with virtually no design constraints. LPKF has created WeLDS, a revolutionary technique that blends 3D MIDs and laser plastic welding. This opens up hitherto unseen possibilities for function integration in electronics applications.

The molded interconnect device mid market report table of contents includes:

 

  1. Executive Summary
  2. Molded Interconnect Device Market Characteristics
  3. Molded Interconnect Device Market Trends And Strategies
  4. Molded Interconnect Device Market – Macro Economic Scenario
  5. Global Molded Interconnect Device Market Size and Growth

.

.

.

  1. Global Molded Interconnect Device Market Competitive Benchmarking
  2. Global Molded Interconnect Device Market Competitive Dashboard
  3. Key Mergers And Acquisitions In The Molded Interconnect Device Market
  4. Molded Interconnect Device Market Future Outlook and Potential Analysis
  5. Appendix

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info

 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Warmer Display Cases Market Segments, Growth, Key Drivers And Forecast To 2033

The warmer display cases global market report 2024 from The Business Research Company provides comprehensive…

2 hours ago

Veterinary Renal Disease Market Scope, Drivers And Overview By 2033

The veterinary renal disease global market report 2024from The Business Research Company provides comprehensive market…

2 hours ago

Spring Loaded Industrial Cable Reels Market Size, Share, Trends And Forecast 2024-2033

The spring loaded industrial cable reels global market report 2024 from The Business Research Company…

2 hours ago

Secure Data Destruction Market Size, Share, Trends, Growth And Industry Forecast 2024-2033

The secure data destruction global market report 2024 from The Business Research Company provides comprehensive…

2 hours ago

QR Code Payments Market Size, Industry Analysis, Outlook 2033

The qr code payments global market report 2024 from The Business Research Company provides comprehensive…

2 hours ago

Plastic Additives Market Overview, Trends And Forecast 2024-2033

The plastic additives global market report 2024 from The Business Research Company provides comprehensive market…

2 hours ago