Global Molded Interconnect Device Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Process;

Two-shot molding, LDS, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn208827563 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Molded Interconnect Device Market (USD Million), 2021 - 2031

In the year 2024, the Global Molded Interconnect Device Market was valued at USD 1,807.42 million. The size of this market is expected to increase to USD 4,467.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.8%.

The Global Molded Interconnect Device (MID) Market represents a pivotal sector within the electronics manufacturing industry, characterized by its innovative approach to integrating mechanical, electrical, and electronic functionalities into compact, three-dimensional components. Molded Interconnect Devices leverage injection molding technology to embed circuit traces and functional elements directly into plastic components, enabling significant advancements in miniaturization, design flexibility, and functional integration.

This market segment is propelled by the increasing demand for compact, lightweight electronic devices across various sectors such as automotive, consumer electronics, healthcare, and telecommunications. MID technology facilitates the creation of multifunctional components that combine structural elements with electronic circuitry, reducing assembly complexity and enhancing product reliability.

Key drivers include advancements in materials and manufacturing processes, enabling enhanced durability, conductivity, and thermal management in MID components. Additionally, the market benefits from growing applications in wearables, IoT devices, and smart packaging, where compact, efficient designs are paramount. As industries continue to embrace the advantages of miniaturization and multifunctionality, the Global Molded Interconnect Device Market is poised for further expansion, driven by innovation, technological integration, and evolving consumer demands for smarter, more interconnected devices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Process
    2. Market Snapshot, By Region
  4. Global Molded Interconnect Device Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Miniaturization of electronics
        2. Integration of mechanical and electronic functionalities
        3. Advancements in materials and manufacturing processes
      2. Restraints
        1. Complexity in design and manufacturing
        2. Limited material options for specific applications
        3. Challenges in scalability for mass production
      3. Opportunities
        1. Increasing adoption of IoT and wearable devices
        2. Advancements in 5G technology
        3. Expansion in healthcare applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Molded Interconnect Device Market, By Process, 2021 - 2031 (USD Million)
      1. Two-Shot Molding
      2. LDS
      3. Others
    2. Global Molded Interconnect Device Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 2E mechatronic GmbH & Co. KG
      2. Arlington Plating Co.
      3. Cicor Technologies Ltd.
      4. HARTING Technology Group
      5. JOHNAN Corp.
      6. LPKF Laser & Electronics AG
      7. MID Solutions GmbH
      8. Multiple Dimensions AG
      9. S2P smart plastic product
      10. TactoTek Oy
  7. Analyst Views
  8. Future Outlook of the Market