seobhushan (44)

1
Molded Interconnect Devices Market is projected
to reach CAGR 13 by 2027
2
Key Insights from Molded Interconnect Devices
Market

• The industrial segment in the molded interconnect
  devices market accounted for a revenue of more
  than 9 in 2020 and is expected to expand at a
  CAGR of more than 12 between 2021 and 2027. This
  rise is attributed to the escalating uptake of
  industrial robots at the global level.
• These robots are integrated with numerous
  sensors, hardware systems, and PCBs, that are
  fabricated over MID technology. MIDs allows the
  reduction of the number of components in the
  final products, in turn creating more space for
  the integration of advanced systems and sensors
  in industrial robots.

3
Regional Insights in Molded Interconnect Devices
Market

• The molded interconnect devices market is slated
  to witness commendable growth in Europe owing to
  the presence of key automotive OEMs. These OEMs
  comprise Fiat, Daimler, BMW Group, and DAF Trucks
  among others, that are focusing on vehicle
  electrification and advanced automotive systems.
• As per the International Energy Agency (IEA), in
  2020, Europe recorded more than 1.4 million new
  electric cars with France and Germany, accounting
  for over 185,000 and 395,000 units of registered
  electric vehicles respectively. Further, the EV
  sales in Norway experienced an upsurge of almost
  75 in 2020 when compared to 2019.
• This escalating adoption of electric vehicles in
  Europe is set to provide new growth opportunities
  to market players, boosting the demand for molded
  interconnect device materials in the region.

4

Latest Research Report On Molded Interconnect
Devices Market _at_ https//www.gminsights.com/indust
ry-analysis/molded-interconnect-devices-MID-market
Request for a sample of this research report
_at_ https//www.gminsights.com/request-sample/detail
/424
5
Major Companies in Molded Interconnect Devices
Market

• Amphenol Corporation
• Harting Technology Group
• LPKF Laser Electronics AG
• Molex LLC
• Multiple Dimensions AG
• Suzhou Cicor Technology Co. Ltd

6
Industry Coverage

7
Stay In Touch Website www.gminsights.com Soci
al Media