Molded Interconnect Devices (MID) Market Competitive Landscape and Outlook Report 2020-2026

It has been estimated that global Molded Interconnect Devices (MID) Market will be worth more than US$1 billion by 2026, with a positive application outlook in automotive, electronics, and industrial sector. Smartphones and smart wearables have gained immense popularity over the past decade. The deployment of MID into these gadgets helps improve circuit density and eliminate unnecessary components by combining circuit boards, cables, and connectors.

The greatest advantage of molded interconnect devices perhaps is the minimal environmental impact. This can be associated with the use of recyclable thermoplastic materials in MID and the elimination of harmful flame retardation manufacturing process.

Constant technological innovations over the years have resulted in significant miniaturization of electronic devices. Molded interconnect device (MID) is one such technology which is increasingly gaining prominence in the automotive and consumer electronics sector on account of its space-saving circuitry. The technology has been widely adopted by smartphone makers worldwide as it allows more electronic features to be fit into smaller volumes.  

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In terms of the process, the Molded Interconnect Devices (MID) Market is segmented into 2-shot, LDS, and others. The others segment accounted for a more than 8% revenue share of the market in 2019 and is likely to grow further in the forthcoming years. These trends can be associated with the growing adoption of film insert molding which provides superior durability with scratch resistant hard coats.

The growing popularity of changeable phone covers is enabling molded interconnect devices to enhance the aesthetic appearance of smartphones on account of their flexibility. The increasing utilization of wireless smart devices is likely to enable the production of various new products where MIDs could play a critical role.

List of the Key Companies that are Operating in the Molded Interconnect Devices (MID) Market. They are as follows:

Amphenol T&M Antennas, Galtronics, Harting Mitronics AG, LPKF Laser & Electronics AG, MacDermid Enthone, Molex, Multiple Dimensions AG, RTP Company, S2P smart plastic product, SelectConnect Technologies, Suzhou Cicor Technology Co. Ltd, TE Connectivity, Teprosa GmbH, Tongda Group, Yomura, Material Suppliers: BASF, DSM, EMS-GRIVORY, Ensinger GmbH, Division Ensinger Compounds, Evonik Industries, Lanxess, Mitsubishi Engineering Plastics, PTS Group, RTP, Sinoplast New Material Ltd., Zeon Corporation

MIDs currently find wide use in automotive, consumer electronics, healthcare, military & aerospace, industrial, and telecom & computing applications, among others. Among these, the adoption of MID technology in consumer products is expected to increase at a CAGR of nearly 14% through 2026. Recent trends in the consumer electronics space have been focused around the development of sleek and compact designs, which have gained immense popularity among people.

Geographically, the Middle East and Africa region captured around 8% revenue share of the Molded Interconnect Devices (MID) Market in 2019 and is likely to experience a notable growth in the future. The regional trends can be associated with the rising adoption of smartphones, smart wearables, and other handheld devices.

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Table Of Content:

Chapter 4   Molded Interconnect Devices (MID) Market, By Process

4.1   Key trends by process

4.2   Laser Direct Structuring (LDS)

4.2.1    Market estimates and forecast, 2015 - 2026

4.2.2    Market estimates and forecast, by application, 2015 - 2026

4.3   Two-shot molding

4.3.1    Market estimates and forecast, 2015 - 2026

4.3.2    Market estimates and forecast, by application, 2015 - 2026

4.4   Others

4.4.1    Market estimates and forecast, 2015 - 2026

4.4.2    Market estimates and forecast, by application, 2015 - 2026

Chapter 5   Molded Interconnect Devices (MID) Market, By Application

5.1   Key trends by application

5.2   Automotive

5.2.1    Market estimates and forecast, 2015 - 2026

5.2.2    Market estimates and forecast, by process, 2015 - 2026

5.3   Consumer products

5.3.1    Market estimates and forecast, 2015 - 2026

5.3.2    Market estimates and forecast, by process, 2015 - 2026

5.4   Healthcare

5.4.1    Market estimates and forecast, 2015 - 2026

5.4.2    Market estimates and forecast, by process, 2015 - 2026

5.5   Industrial

5.5.1    Market estimates and forecast, 2015 - 2026

5.5.2    Market estimates and forecast, by process, 2015 - 2026

5.6   Military & aerospace

5.6.1    Market estimates and forecast, 2015 - 2026

5.6.2    Market estimates and forecast, by process, 2015 - 2026

5.7   Telecommunication & computing

5.7.1    Market estimates and forecast, 2015 - 2026

5.7.2    Market estimates and forecast, by process, 2015 - 2026

5.8   Others

5.8.1    Market estimates and forecast, 2015 - 2026

5.8.2    Market estimates and forecast, by process, 2015 - 2026

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