The North America Molded Interconnect Device (MID) Market would witness market growth of 13.4% CAGR during the forecast period (2022-2028).
Molded interconnect devices are transforming traditional electrical and mechanical designs in a variety of applications, especially in the telecommunications as well as automotive industries. These devices perform best when several components in a circuit-board product are substituted. MIDs combines electrical and mechanical functions into a single unit, which contributes significantly to design in terms of assembly and manufacturability. MIDs are used in a wide range of applications. The telecommunications industry has discovered the value of using these devices, specifically for internal antennas in cell phones. This new antenna design replaces the traditional antenna stub or retractor. It is also used in automobiles, such as brake light fixtures.
By embedding features such as a connector, a lamp holder, or a wire harness within a device, these devices can reduce component count as well as cost. MIDs can also be developed to be self-supporting, eliminating the need for additional mechanical parts to support PC boards. As a result, by removing the necessary number of parts, these devices reduce assembly time and save space.
The United States is among the nations having largest automotive industry. The demand for commercial vehicles is heavily influenced by the growth of logistics and delivery services, which is further complemented by vehicle fleet expansion by key e-commerce giants such as Amazon, etc. Engine technology advancements are accelerating in tandem with rising emission standards across the world. These factors are significant supporters of the region's incremental growth in the automotive sector. The nation is home to major automotive OEMs and it is also influenced positively by the country's large supportive infrastructure and electric vehicle policies.
The US market dominated the North America Molded Interconnect Device (MID) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $603.8 Million by 2028. The Canada market is experiencing a CAGR of 16% during (2022 - 2028). Additionally, The Mexico market is exhibiting a CAGR of 15% during (2022 - 2028).
Based on Product Type, the market is segmented into Antennae & Connectivity Modules, Sensors, Connectors & Switches, Lighting Systems and Others. Based on Process, the market is segmented into Laser Direct Structuring (LDS), Two-Shot Molding and Film Techniques. Based on Vertical, the market is segmented into Consumer Electronics, Telecommunications, Automotive, Medical, Industrial and Military & Aerospace. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Molded Interconnect Device (MID) Market is Estimated to reach $2.9 Billion by 2028, at a CAGR of 13.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Molex, LLC (Koch Industries, Inc.), TE Connectivity Ltd., Taoglas, KYOCERA AVX Components Corporation (Kyocera Corporation), Amphenol Corporation, LPKF Laser & Electronics AG, HARTING Technology Group, MID Solutions GmbH, and 2E mechatronic GmbH & Co. KG
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Antennae & Connectivity Modules
- Sensors
- Connectors & Switches
- Lighting Systems
- Others
By Process
- Laser Direct Structuring (LDS)
- Two-Shot Molding
- Film Techniques
By Vertical
- Consumer Electronics
- Telecommunications
- Automotive
- Medical
- Industrial
- Military & Aerospace
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Molex, LLC (Koch Industries, Inc.)
- TE Connectivity Ltd.
- Taoglas
- KYOCERA AVX Components Corporation (Kyocera Corporation)
- Amphenol Corporation
- LPKF Laser & Electronics AG
- HARTING Technology Group
- MID Solutions GmbH
- 2E mechatronic GmbH & Co. KG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Molded Interconnect Device (MID) Market, by Product Type
1.4.2 North America Molded Interconnect Device (MID) Market, by Process
1.4.3 North America Molded Interconnect Device (MID) Market, by Vertical
1.4.4 North America Molded Interconnect Device (MID) Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Molded Interconnect Device (MID) Market by Product Type
3.1 North America Antennae & Connectivity Modules Market by Country
3.2 North America Sensors Market by Country
3.3 North America Connectors & Switches Market by Country
3.4 North America Lighting Systems Market by Country
3.5 North America Others Market by Country
Chapter 4. North America Molded Interconnect Device (MID) Market by Process
4.1 North America Laser Direct Structuring (LDS) Market by Country
4.2 North America Two-Shot Molding Market by Country
4.3 North America Film Techniques Market by Country
Chapter 5. North America Molded Interconnect Device (MID) Market by Vertical
5.1 North America Consumer Electronics Market by Country
5.2 North America Telecommunications Market by Country
5.3 North America Automotive Market by Country
5.4 North America Medical Market by Country
5.5 North America Industrial Market by Country
5.6 North America Military & Aerospace Market by Country
Chapter 6. North America Molded Interconnect Device (MID) Market by Country
6.1 US Molded Interconnect Device (MID) Market
6.1.1 US Molded Interconnect Device (MID) Market by Product Type
6.1.2 US Molded Interconnect Device (MID) Market by Process
6.1.3 US Molded Interconnect Device (MID) Market by Vertical
6.2 Canada Molded Interconnect Device (MID) Market
6.2.1 Canada Molded Interconnect Device (MID) Market by Product Type
6.2.2 Canada Molded Interconnect Device (MID) Market by Process
6.2.3 Canada Molded Interconnect Device (MID) Market by Vertical
6.3 Mexico Molded Interconnect Device (MID) Market
6.3.1 Mexico Molded Interconnect Device (MID) Market by Product Type
6.3.2 Mexico Molded Interconnect Device (MID) Market by Process
6.3.3 Mexico Molded Interconnect Device (MID) Market by Vertical
6.4 Rest of North America Molded Interconnect Device (MID) Market
6.4.1 Rest of North America Molded Interconnect Device (MID) Market by Product Type
6.4.2 Rest of North America Molded Interconnect Device (MID) Market by Process
6.4.3 Rest of North America Molded Interconnect Device (MID) Market by Vertical
Chapter 7. Company Profiles
7.1 TE Connectivity Ltd.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Molex, LLC (Koch Industries, Inc.)
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Acquisition and Mergers:
7.3 Taoglas
7.3.1 Company Overview
7.4 KYOCERA AVX Components Corporation (Kyocera Corporation)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.5 Amphenol Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.6 LPKF Laser & Electronics AG
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 HARTING Technology Group
7.7.1 Company Overview
7.8 MID Solutions GmbH
7.8.1 Company Overview
7.9 2E mechatronic GmbH & Co. KG
7.9.1 Company Overview
TABLE 1 North America Molded Interconnect Device (MID) Market, 2018 - 2021, USD Million
TABLE 2 North America Molded Interconnect Device (MID) Market, 2022 - 2028, USD Million
TABLE 3 North America Molded Interconnect Device (MID) Market by Product Type, 2018 - 2021, USD Million
TABLE 4 North America Molded Interconnect Device (MID) Market by Product Type, 2022 - 2028, USD Million
TABLE 5 North America Antennae & Connectivity Modules Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Antennae & Connectivity Modules Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Sensors Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Sensors Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Connectors & Switches Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Connectors & Switches Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Lighting Systems Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Lighting Systems Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Molded Interconnect Device (MID) Market by Process, 2018 - 2021, USD Million
TABLE 16 North America Molded Interconnect Device (MID) Market by Process, 2022 - 2028, USD Million
TABLE 17 North America Laser Direct Structuring (LDS) Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Laser Direct Structuring (LDS) Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Two-Shot Molding Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Two-Shot Molding Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Film Techniques Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Film Techniques Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Molded Interconnect Device (MID) Market by Vertical, 2018 - 2021, USD Million
TABLE 24 North America Molded Interconnect Device (MID) Market by Vertical, 2022 - 2028, USD Million
TABLE 25 North America Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Telecommunications Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Telecommunications Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Medical Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Medical Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Military & Aerospace Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Military & Aerospace Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Molded Interconnect Device (MID) Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Molded Interconnect Device (MID) Market by Country, 2022 - 2028, USD Million
TABLE 39 US Molded Interconnect Device (MID) Market, 2018 - 2021, USD Million
TABLE 40 US Molded Interconnect Device (MID) Market, 2022 - 2028, USD Million
TABLE 41 US Molded Interconnect Device (MID) Market by Product Type, 2018 - 2021, USD Million
TABLE 42 US Molded Interconnect Device (MID) Market by Product Type, 2022 - 2028, USD Million
TABLE 43 US Molded Interconnect Device (MID) Market by Process, 2018 - 2021, USD Million
TABLE 44 US Molded Interconnect Device (MID) Market by Process, 2022 - 2028, USD Million
TABLE 45 US Molded Interconnect Device (MID) Market by Vertical, 2018 - 2021, USD Million
TABLE 46 US Molded Interconnect Device (MID) Market by Vertical, 2022 - 2028, USD Million
TABLE 47 Canada Molded Interconnect Device (MID) Market, 2018 - 2021, USD Million
TABLE 48 Canada Molded Interconnect Device (MID) Market, 2022 - 2028, USD Million
TABLE 49 Canada Molded Interconnect Device (MID) Market by Product Type, 2018 - 2021, USD Million
TABLE 50 Canada Molded Interconnect Device (MID) Market by Product Type, 2022 - 2028, USD Million
TABLE 51 Canada Molded Interconnect Device (MID) Market by Process, 2018 - 2021, USD Million
TABLE 52 Canada Molded Interconnect Device (MID) Market by Process, 2022 - 2028, USD Million
TABLE 53 Canada Molded Interconnect Device (MID) Market by Vertical, 2018 - 2021, USD Million
TABLE 54 Canada Molded Interconnect Device (MID) Market by Vertical, 2022 - 2028, USD Million
TABLE 55 Mexico Molded Interconnect Device (MID) Market, 2018 - 2021, USD Million
TABLE 56 Mexico Molded Interconnect Device (MID) Market, 2022 - 2028, USD Million
TABLE 57 Mexico Molded Interconnect Device (MID) Market by Product Type, 2018 - 2021, USD Million
TABLE 58 Mexico Molded Interconnect Device (MID) Market by Product Type, 2022 - 2028, USD Million
TABLE 59 Mexico Molded Interconnect Device (MID) Market by Process, 2018 - 2021, USD Million
TABLE 60 Mexico Molded Interconnect Device (MID) Market by Process, 2022 - 2028, USD Million
TABLE 61 Mexico Molded Interconnect Device (MID) Market by Vertical, 2018 - 2021, USD Million
TABLE 62 Mexico Molded Interconnect Device (MID) Market by Vertical, 2022 - 2028, USD Million
TABLE 63 Rest of North America Molded Interconnect Device (MID) Market, 2018 - 2021, USD Million
TABLE 64 Rest of North America Molded Interconnect Device (MID) Market, 2022 - 2028, USD Million
TABLE 65 Rest of North America Molded Interconnect Device (MID) Market by Product Type, 2018 - 2021, USD Million
TABLE 66 Rest of North America Molded Interconnect Device (MID) Market by Product Type, 2022 - 2028, USD Million
TABLE 67 Rest of North America Molded Interconnect Device (MID) Market by Process, 2018 - 2021, USD Million
TABLE 68 Rest of North America Molded Interconnect Device (MID) Market by Process, 2022 - 2028, USD Million
TABLE 69 Rest of North America Molded Interconnect Device (MID) Market by Vertical, 2018 - 2021, USD Million
TABLE 70 Rest of North America Molded Interconnect Device (MID) Market by Vertical, 2022 - 2028, USD Million
TABLE 71 Key information –TE Connectivity Ltd.
TABLE 72 Key Information – Molex, LLC
TABLE 73 Key Information – Taoglas
TABLE 74 Key Information – KYOCERA AVX Components Corporation
TABLE 75 key information – Amphenol Corporation
TABLE 76 Key Information – LPKF Laser & Electronics AG
TABLE 77 Key Information – HARTING Technology Group
TABLE 78 Key Information – MID Solutions GmbH
TABLE 79 Key Information – 2E mechatronic GmbH & Co. KG
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: TE Connectivity Ltd.