Molded Interconnect Device Market
Molded Interconnect Device Market was valued US$ 300 Mn in 2017 and is expected to reach US$ 890.5 Mn by 2026 at a CAGR of 14.57% during forecast period.
Molded Interconnect Device market is segmented by process, product, end-user application and region. Increasing demand in electrical and mechanical application, rising use of Molded Interconnect Device in medical sector and need for reuse of components are driving factors behind growth of Molded Interconnect Device market during forecast year.
For More Information about Report Visit here
Based on the process, Molded Interconnect Device market for Laser Direct structuring is expected to witness high growth rate due to increasing demand for LDS equipment that is used for manufacturing of Molded Interconnect Device. Molded connected device with LDS equipment reduces component in electronics devices.
By application, Automotive segment holds the largest market share for Molded Interconnect Device market due to increasing implementation of Molded Interconnect Device in steering wheel hubs, brake sensors, position sensors and lighting. Molded Interconnect Device reduces wiring and combine the connector to integrate all the circuitry in single housing.
Geographically, Asia-Pacific is expected to witness high growth rate in Molded Interconnect Device market because of rising demand in smartphones and wearable devices and automobile segments. With growing demand for communication infrastructure, communication devices and consumer electronics, Asia-Pacific is showing upward trend for the growth for Molded Interconnect Device market.
Technology is enabling miniaturization of devices with smartphones and automotive light fixtures by minimizing assembly time and space-saving circuitry. Cost-effectiveness of the technology can be attributed to some parts needed for assembly as compared to traditional PCB circuits, driving the growth of the molded interconnect device market. Design flexibility of such devices are delivering high product reliability and less requirement for secondary parts. Eco-friendly and recyclable components improves necessity and the demand for such devices across end-use verticals. Environmental benefits of the technology, like recyclable thermoplastic materials and exclusion of hazardous flame-retardant manufacturing process, are expected to drive molded interconnect devices (MID) market growth during forecast period.
Molded Interconnect Devices market is being challenged by lack of implementation due to less awareness, high technological expertise for manufacturing, and presence of only a few vendors providing molded interconnect devices products. On the other hand, with continuous innovations in consumer products technology and the rising demand for the miniaturization of products, molded interconnect devices market has gained push over the past few years.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Molded Interconnect Devices Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in Molded Interconnect Devices Market.
Scope of the Molded Interconnect Device market:
Molded Interconnect Device market, By Process
• 2-Shot Molding
• Film Techniques
Molded Interconnect Device market, By Product
• Antenna & Connectivity Modules
• Connectors & Switches
Molded Interconnect Device market, By End-user Application
• Consumer Products
• Military & Aerospace
• Telecommunication & Computing
Molded Interconnect Device market, By Geography
• North America
• Middle East & Africa
• Latin America
Key players of the Molded Interconnect Device Market:
• TE Connectivity
• MID Solutions
• 2E mechatronic
• Multiple Dimensions
• Arlington Plating Company
• RTP Company
• Multiple Dimensions AG
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
For More Information about Report Visit here
Report Published by https://www.maximizemarketresearch.com MAXIMIZE MARKET RESEARCH
Manik Baug, Vadgaon Bk,
Pune, Maharashtra 411051, India.
+91 96071 95908
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Molded Interconnect Device Market here
News-ID: 1577318 • Views: 557
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Automated Border Control (ABC) Market
Automated Border Control (ABC) Market is expected to reach 2273 Million by 2026 from 536.5 Million in 2017 at CAGR of 17.4% (Detailed analysis of the market CAGR is provided in the report). Automated Border Control Market (ABC) is an immigration control system proposed to satisfy the future border control needs of airports resulting from the rapid growth in the number of passengers worldwide. Automated Border Control Market (ABC) can
Global Driver Safety Systems Market
Global Driver Safety Systems Market was valued at US$ 23.02Bn in 2017 and is expected to reach US$ 102.10Bn by 2026, at a CAGR of 20.46% during a forecast period. Driver safety systems have been around for a long time, and they have already proven time and time again to result in an improved driving experience or better overall road safety. Major driving factors of the Driver Safety Systems market are crucial
Global Metallised Polyester Films Market
Global Metallised Polyester Films Market was valued at US$ XXX Mn in 2017 and is expected to reach US$ XXX Mn by 2026, at a CAGR of XX% during a forecast period. Global Metallised Polyester Films Market The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The
Global Humanoid Robot Market
Global Humanoid Robot Market was valued US$ 624.2 Mn in 2017 and is estimated to reach US$ 5, 455 Mn by 2026 at a CAGR of about 52.32% during a forecast period. Global humanoid robot market is segmented into the component, motion type, application, and region. On the basis of the component, a market is divided into hardware and software. based on motion type, the market is segmented into biped, wheel
More Releases for Molded
Molded Case Circuit Breakers Market Research Report –
Global Molded Case Circuit Breakers (MCCB) Market By Rated Current, End-User (Manufacturing & Process Industry, Residential & Commercial, Transmission & Distribution, Power Generation, and Others), and Region - Forecast Till 2024 Synopsis of Global Molded Case Circuit Breakers (MCCB) Market Circuit breakers are the most critical components of a whole electrical circuit system. These are important for the prevention of electronic devices and loads from short circuits or overload. Molded Case Circuit
Molded Plastic Packaging Market analysis report by Major Types Molded polyethy …
Molded Plastic Packaging Market Molded plastics can be modified by adding pigments to their polymers. Higher demand for flexible and functional packaging, largely for packaged food, frozen foods and beverages, is projected to positively impact segment growth in the near future. Furthermore, rapidly increasing use of rigid packaging containers and canisters for industrial applications in construction, energy, and automotive sectors is expected to benefit market growth over the forecast period. Have Questions? Request a
Molded Plastics Market - Opportunity Assessment 2015 - 2023
According to the findings of a recent report by Transparency Market Research (TMR), the molded plastics market in Gulf Cooperation Council (GCC) is highly fragmented, with ten leading companies accounting for merely 40% shares of the global pie in 2014. On the other hand, on the basis of geographical distribution, the GCC molded plastics market is consolidated, with Saudi Arabia accounting for 60% of the plastic converters while 15% belonged
Global Molded Plastics Market Analysis - 2023
Ceramics that provide properties such as fabrication and polycrystalline microstructure without reinforcement are called monolithic ceramics. Monolithic ceramics is one of the major types of products of advanced and technical ceramics. Based on the attributes mentioned above, monolithic ceramics are segmented into silicon nitride, zirconium oxide, zirconium carbide, aluminum nitride, silicon carbide, and aluminum oxide, and others. These ceramics are used to enhance lifespan and reliability of the material, and
Molded Plastics Market - Global Industry Analysis 2024
The global molded plastics market is highly fragmented with the top 10 companies accounting for only 40% of the overall market in 2015. These companies include Chevron Philips Chemical Company LLC, BASF SE, Eastman Chemical Company, LyondellBasell Industries N.V., and SABIC. Transparency Market Research finds that most market leaders have benefited from experience and have, over the years, developed technical expertise. They have also established high brand equity, making it
Molded Plastics Market - GCC Industry Analysis 2023
GCC, short for Gulf Cooperation Council, represents the alliance of some of the world’s leading producers of petrochemicals – the key raw materials required for the production of synthetic polymers. These six countries are the major exporters of raw polymer to the entire globe and are second only to India when it comes to the growth rate of the polymer market. Thus, GCC countries play a major role in the