Press release
The Impact Of Surging IoT Demand On Molded Interconnect Devices Market Driver: Leading Transformation in the Molded Interconnect Device (MID) Market in 2025
Molded Interconnect Device (MID) Market Size
The surge in the use of IoT devices is projected to fuel the expansion of the molded interconnect devices market. IoT devices represent a vast number of physical items networked to the internet, which collect and share data with other devices and systems online. The burgeoning need for the Internet of Things (IoT), quantum computing, and 5G, together with an escalating demand for greater computational speed, low-energy gadgets, and smart chipsets within the hyper-connected world, dramatically influences semiconductor & electronics industry dynamics. A report from Techjury, published in August 2022 and drawing from IoT Analytics, highlighted that sectors with highest active corporate IoT initiatives were Smart City (23%), Connected Industry (17%) and Connected Building (12%). Moreover, 97% of companies found it difficult to derive value from IoT-related data. Hence, the rising need for IoT devices will stimulate the market for molded interconnect devices.
Get Your Molded Interconnect Device (MID) Market Report Here:
https://www.thebusinessresearchcompany.com/report/molded-interconnect-device-mid-global-market-report
What is the projected compound annual growth rate (CAGR) of the molded interconnect device (mid) market from 2025 to 2034, and what factors influence it?
In recent times, the molded interconnect device (MID) market has experienced substantial growth. The market value is projected to climb from $1.75 billion in 2024 to $2.03 billion in 2025, indicating a compound annual growth rate (CAGR) of 16.4%. The historical development of this market has been shaped by factors such as the trend towards miniaturization, advances in consumer electronics, the evolution of automotive electronics, breakthroughs in medical devices, and the shift towards intelligent manufacturing.
In the coming years, the market size of Molded Interconnect Device (MID) is anticipated to experience swift expansion. It's projected to reach a value of $3.7 billion in 2029, with a compound annual growth rate (CAGR) of 16.2%. This predicted growth during the forecast period can be linked to the continued transformation of consumer electronics, augmentation in medical device integration, expansion of automotive electronics, swift prototyping and advancements in manufacturing. Predominant trends during this period encompass compliance with regulations and quality standards, customization paired with design adaptability, advancements in quick prototyping and manufacturing technologies, improvements in sustainability and materials, and the influence of Industry 4.0 and intelligent manufacturing.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8856&type=smp
How are the latest trends influencing the growth of the molded interconnect device (mid) market?
The primary trend gaining traction in the molded interconnect device market is technological advancement. Companies engaged in molded connection devices are focused on developing revolutionary technology solutions adaptable to other elements, leading to the growth of technologies such as laser plastic welding. For example, SABIC, a Saudi Arabia-based chemical firm specializing in the manufacture of chemicals, plastics, agri-nutrients, and metals, introduced the LNP THERMOCOMP OFC08V compound in April 2022. This compound provides a high-performance solution for 5G base station dipole antennas and various electrical and electronic applications. The product is a glass fiber-reinforced material made from polyphenylene sulfide (PPS) resin, created to facilitate cost-effective and lightweight all-plastic antenna designs. Its performance is superior in laser direct structuring (LDS) plating and provides excellent adhesion between layers, efficient warpage management, as well as reliable dielectric and radio frequency (RF) elements.
What are the major segments of the molded interconnect device (mid) market and their role in driving growth?
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
Subsegments:
1) By Antenna And Connectivity Modules: Integrated Antennas, RF Modules
2) By Connectors And Switches: Electrical Connectors, Mechanical Switches
3) By Sensors: Temperature Sensors, Pressure Sensors, Proximity Sensors
4) By Lighting: LED Lighting Modules, Decorative Lighting Solutions
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8856
Which regions are key players in the growth of the molded interconnect device (mid) market?
Asia-Pacific was the largest region in the molded interconnect device (MID) market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the molded interconnect device (mid) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the molded interconnect device (mid) market?
Major companies operating in the molded interconnect device (MID) market are Molex LLC, TE Connectivity Ltd., Amphenol Corporation, LPKF Laser & Electronics AG, 2E mechatronic GmbH & Co. KG, Harting Technologiegruppe, Arlington Plating Company, MID Solutions LLC, MacDermid Inc., JOHNAN Corporation, TactoTek Oy, Axon' Cable S.A.S, S2P Solutions, Suzhou Cicor Technology Co. Ltd, Chogori Technology Co. Ltd., Mitsubishi Engineering-Plastics Corporation, Galtronics Corporation Ltd., RTP Company, BASF SE, EMS-Chemie Holding AG, Ensinger GmbH, Zeon Corporation, SelectConnect Technologies, Multiple Dimensions AG, Cicor Group, Tesa SE, Yomura Technologies Inc., T-Ink Inc., ODU GmbH & Co. KG
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8856&type=smp
What Is Covered In The Molded Interconnect Device (MID) Global Market Report?
• Market Size Forecast: Examine the molded interconnect device (mid) market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the molded interconnect device (mid) market for a structured understanding.
• Key Players Overview: Analyze major players in the molded interconnect device (mid) market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the molded interconnect device (mid) market.
• Segment Contributions: Evaluate how different segments drive overall growth in the molded interconnect device (mid) market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the molded interconnect device (mid) market.
• Industry Challenges: Identify potential risks and obstacles affecting the molded interconnect device (mid) market.
• Competitive Landscape: Review strategic developments in the molded interconnect device (mid) market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
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 The Impact Of Surging IoT Demand On Molded Interconnect Devices Market Driver: Leading Transformation in the Molded Interconnect Device (MID) Market in 2025 here
News-ID: 3887666 • Views: …
More Releases from The Business Research Company
Rising Incidence of Dental Disorders Sparks Growth in the Tooth-Filling Material …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Tooth Filling Materials Market Through 2025?
In the past few years, the market size for tooth filling materials has experienced robust growth. Projected to rise from $1.82 billion in 2024 to $1.92 billion in 2025, it's set to journey at a compound…
2025-2034 Stress Tests Equipment Market Outlook: Key Drivers, Emerging Challenge …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Stress Tests Equipment Industry Market Size Be by 2025?
In recent years, the market for stress test equipment has seen robust growth. From a value of $2.99 billion in 2024, it is projected to increase to $3.19 billion in 2025, reflecting a compound annual growth rate…
2025 Positron Emission Tomography (PET) Scanners Industry Trends Report: Long-Te …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Positron Emission Tomography (PET) Scanners Market Size By 2025?
The market size for positron emission tomography (pet) scanners has been witnessing a steady increment in the past years. The market is expected to escalate from $1.51 billion in 2024 to $1.58 billion in 2025, registering…
Strategic Forecast for the Ostomy Devices Industry: Market Outlook 2025-2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Ostomy Devices Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the ostomy devices market has been consistently expanding. Projections show an increase from $2.8 billion in 2024 to $2.9 billion in 2025, maintaining a compound annual growth rate (CAGR) of 3.9%. The significant…
More Releases for MID
Mid-IR Laser Crystal Market
Mid-IR Laser Crystal Market Overview
For mid-infrared (and partly also terahertz) generation, one requires crystal materials with a transparency range extending far into the infrared spectral region. The most important of these media are zinc germanium diphosphide (ZGP, ZnGeP2), silver gallium sulfide and selenide (AgGaS2 and AgGaSe2), gallium selenide (GaSe), and cadmium selenide (CdSe). Gallium arsenide (GaAs) has also become useful for mid-infrared applications, since it is possible to obtain quasi-phase…
Mid-Michigan Legal & Consulting Offers Top-Notch Legal Services throughout Mid a …
Mid-Michigan Legal & Consulting, led by Bethany Gomez, RN, Attorney, is proud to offer a wide array of legal services throughout Mid and Southeast Michigan. With a comprehensive range of services including estate planning/probate [https://midmichlegal.com/], personal injury, litigation support, business/corporate planning, social security disability, and mediation services, Mid-Michigan Legal & Consulting is dedicated to providing exceptional legal representation and guidance to their clients.
Bethany Gomez, RN, Attorney, brings a unique perspective…
Panthera Technologies Expands Mid-Atlantic Presence
Baltimore, MD – March 23, 2016 - Panthera Technologies, a leading Managed Service Provider, Outsource IT Operations and Compliance as a Service firm, is proud to announce the expansion of their Corporate Headquarters based in Owings Mills, Maryland.
In partnership with BECO Management Inc. Panthera Technologies more than doubles their current corporate footprint in Owings Mills. “We have had a true partnership with BECO and their Management team over the…
Engage PEO Forms Mid-Market Division
Group Created to Address Growing Demand from Large Employers For Strategic HR and Benefits Services.
Fort Lauderdale, Fla. -- Engage PEO, a leading professional employer organization providing HR outsourcing solutions to small and mid-sized businesses across the U.S., today announced the formation of a new division dedicated to serve the needs of employers with more than 500 employees. The Mid-Market division was created in response to the growing demand from larger…
Texila American University Launches Mid Term Journals
Within a short period of time, Texila American University (TAU) has reached a milestone in providing informative research work through its South American Journal Publications. The broad and informative articles and research topics that have been published in the past one year is the clear proof on how TAU has gone one step ahead in ensuring that people are aware of the various research work done by students and scientist.…
Rosendin Electric Expands Mid-Atlantic Operations
Newest Regional Office in Baltimore Brings BIM, Design-Build, and Data Center Expertise to Construction Projects in Maryland, Delaware, and Pennsylvania.
Baltimore (April 10, 2014) -- Rosendin Electric (http://www.rosendin.com), the nation's largest private electrical contractor and an employee-owned company, announced the expansion of its East Coast Operations with the opening of an office in Baltimore, Maryland.
Headquartered in San Jose, California, Rosendin Electric serves commercial, business and government clients throughout the country. This…
