Global Molded Interconnect Device Market, By Process (Laser Direct Structuring (LDS), 2-Shot Molding and Film Techniques), Product Type (Antenna and Connectivity Modules, Connectors and Switches, Sensors, Lighting, Others), End User (Automotive, Consumer Products, Healthcare, Industrial, Military & Aerospace and Telecommunication & Computing), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
The molded interconnect device market is expected to reach USD 2.71 billion by 2027 witnessing market growth at a rate of 13.2% in the forecast period of 2020 to 2027. Data Bridge Market Research report on molded interconnect device market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Molded interconnect devices are 3D electromechanical components which are used in wide variety of electrical and mechanical applications. They reduce the total number of components which are used in circuits as well as reduce time and cost in assembly line. In addition to it, they require less auxiliary components due to their high reliability and low failure ratio.
Increasing usage of molded interconnect devices in medical industry, growing need for miniaturization of devices, need to use eco-friendly and recyclable components and the growing need of smartphones are the factors driving the growth of global molded interconnect device market. High technical expertise for manufacturing and the presence of a few vendors providing molded interconnect devices giving rise to monopoly are the major restraints for global molded interconnect device market growth.
Higher penetrations in internet connectivity and growing number of IOT devices are the opportunities for global molded interconnect device market. Lack of implementation due to less awareness and compatibility problems with various electronic devices are the challenges faced by global molded interconnect device market.
This molded interconnect device market provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on molded interconnect device market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Molded Interconnect Device Market Scope and Market Size
The molded interconnect device market is segmented on the basis of process, product type and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of process, the molded interconnect device market has been segmented as laser direct structuring (LDS), 2-shot molding and film techniques.
- Based on product type, the molded interconnect device market has been segmented into antenna and connectivity modules, connectors and switches, sensors, lighting and others.
- Molded interconnect device market has also been segmented on the basis of end user into automotive, consumer products, healthcare, industrial, military & aerospace and telecommunication & computing.
Global Molded Interconnect Device Market Country Level Analysis
Global molded interconnect device market is analysed and market size, volume information is provided by country, process, product type and end user as referenced above.
The countries covered in the molded interconnect device market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the growth in molded interconnect device market while Asia-Pacific will hold the highest market share. The highest market share of Asia-Pacific is due to the increasing use of consumer electronics, availability of cheap labour as well as easy procurement of raw materials. The dominating growth in North America is mainly due to the technological giants such as Google, Apple and Microsoft who are upgrading and expanding their product line and growing adoption of smart devices by the consumers.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Molded Interconnect Device Market Share Analysis
Molded interconnect device market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to molded interconnect device market.
The major players covered in the molded interconnect device market report are 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. And Zeon Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Molded Interconnect Device Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.