Molded interconnect devices are three-dimensional electromechanical components. In addition, these devices are major components for various mechanical and electrical engineering application that are used in automotive and telecommunication industry. Molded interconnect devices can minimizes the number of parts in circuit saving space & reduce assembly time along with cost effective for complex electromechanical functions which in turn is predicted to increase the usage of MID deices in various end use application. Additionally, molded interconnect devices combine with various internal parts that includes circuit board, connectors and cables among others. Moreover, automotive and telecommunication manufactures are now focusing to develop their product by integrating electrical & mechanical functions in a single product. This helps manufactures in saving production costs along with reducing their production time. Even though MIDs have been around for many years but these production adoption has not been widespread. Across the globe, increasing the adoption of smart devices has been observed in last couple of years. Thus, the molded interconnect devices market is likely to witness stable growth during the forecast period from 2017 – 2025 owing to frequent inventions in telecommunication and consumer electronics application are expected to increase in coming years.

The global molded interconnect devices market has been segmented on the basis of manufacturing process, end use industry and geography. Based on manufacturing process, the market for molded interconnect devices has been bifurcated into various types which includes laser direct structuring, two components injection molding and film back injection molding others. Laser direct structuring (LDS) begins with a single shot molding to generate the physical part of component. In 2016, the laser direct structuring segment hold the major market share among the other process segment. Additionally, laser direct structuring is anticipated to grow at a high CAGR rate during the forecast period. Based on end use industry, global molded interconnect devices market has been fragmented in various types which includes telecommunication, automotive, industrial and healthcare among others. Over the past few years, there has been a significant growth in the growing number of smart phones, tablets and smart devices which is favoring adoption of molded interconnect devices. Moreover, factors such as increasing use of molded interconnect devices in growing penetration of various automotive applications such as sensors, switches, antennas and LED lighting among others are expected to further bring significant growth in the overall market. This complete research study of the global molded interconnect devices market provides a comprehensive review of growth, trends, restraints, drivers, and demand projection, market size and forecast among others. In last couple of years, telecommunication industry accounted for maximum market share, and also predicted to expand at a healthy CAGR during the forecast period. However, automotive and healthcare industry is forecasted to witness steady growth during the forecast period. Across the globe, design flexibility of the products and less auxiliary parts along with eco-friendly features technologies in automobile industry has helped fuel major demand for this market. Furthermore, the demand of molded interconnect devices is foreseen to gain a strong momentum is growth due to rising application in the telecommunication and automotive sectors. On the flip side, high tooling costs, high cost chemical element during production process and low circuit density is hindering the growth of the global molded interconnect devices market in coming years. 

Geographically, the global molded interconnect devices market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and South America. In coming years, Asia Pacific is expected to hold the maximum market share due to primarily attributed to increasing usage in consumer electronics. In Asia Pacific, China is expected to be the major contributor for the growth of molded interconnect devices market over the forecast period. A range of research and development applications including the usage of developments of molded interconnect devices product could provide opportunity to the market growth. North America, is forecasted to witness strong growth rate due to the U.S. based technological giant companies such as Google, Apple, others are upgrading and expanding their product line. South America and Middle-East & Africa are expected to showcase slower growth in the molded interconnect devices market when compared with other regions.   

The global molded interconnect devices market is dominated by players such as Molex, MacDermid, Siemens, LPKF Laser & Electronics, Fujitsu, TE Connectivity, Harting, Select Connect Technologies among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Molded Interconnect Device Market

Pre Book