PUBLISHER: KBV Research | PRODUCT CODE: 1871366
PUBLISHER: KBV Research | PRODUCT CODE: 1871366
The US market dominated the North America LCP Based Molded Interconnect Devices Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $446.1 million by 2032. The Canada market is experiencing a CAGR of 19% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 17.5% during (2025 - 2032). The US and Canada led the North America LCP Based Molded Interconnect Devices Market by Country with a market share of 69.1% and 11% in 2024.
North America has been a leader in LCP-based molded interconnect devices (MIDs) because it has strong electronics, automotive, aerospace, and medical industries. The region's initial trials with plastic-embedded circuits progressed into widespread utilization as LCP materials developed, providing thermal stability, dimensional accuracy, and minimal moisture absorption. Laser activation and metallization methods, particularly Laser Direct Structuring (LDS), made it possible to create complicated 3D circuit designs. OEMs are using MIDs increasingly to cut down on the number of parts, make things smaller, and make them more reliable. At the same time, domestic material suppliers, toolmakers, and plating houses are working together to improve the ecosystem, which is helping with pilot and small-scale production.
Some important trends in North America are faster adoption in automotive and mobility systems, integration into medical and wearable devices, and the creation of localized design automation tools. To make it easier for MID to be adopted, top companies work together with OEMs to come up with new ideas and offer design enablement services. Laser Direct Structuring is the most popular method because it is precise and efficient. Two-shot molding is next in line for making durable, multifunctional parts. Emerging or niche processes are useful in specific situations. Overall, competition is more about integration capability, design support, and reliability than price. High entry barriers keep companies focused on strategy and slowly consolidate the market.
Process Outlook
Based on Process, the market is segmented into Laser Direct Structuring (LDS), Two-Shot Molding, and Other Process. With a compound annual growth rate (CAGR) of 14.9% over the projection period, the Laser Direct Structuring (LDS) Market, dominate the US LCP Based Molded Interconnect Devices Market by Process in 2024 and would be a prominent market until 2032. The Two-Shot Molding market is expected to witness a CAGR of 15.8% during (2025 - 2032).
Product Outlook
Based on Product, the market is segmented into Antennas, Connectors & Interconnects, Sensor Housings, and Other Product. The Antennas market segment dominated the Canada LCP Based Molded Interconnect Devices Market by Product is expected to grow at a CAGR of 18.1 % during the forecast period thereby continuing its dominance until 2032. Also, The Sensor Housings market is anticipated to grow as a CAGR of 19.6 % during the forecast period during (2025 - 2032).
Country Outlook
The United States is the biggest user of LCP-based molded interconnect devices (MIDs) because it has strong electronics, aerospace, defense, medical, and consumer sectors. Early adoption in avionics, medical implants, and 5G modules is driven by the need for smaller sizes, better high-frequency performance, and systems that work together. Government support, research into new materials, and access to capital all help speed up innovation, but high labor costs and regulatory requirements make it harder. Hybrid manufacturing and additive integration are becoming more popular. MID adoption is expected to slowly grow from high-reliability, high-margin applications to premium consumer electronics and automotive modules. The U.S. has an edge over other countries because it is good at precision manufacturing and coming up with new materials.
List of Key Companies Profiled
North America LCP Based Molded Interconnect Devices Market Report Segmentation
By Process
By Product
By End Use
By Country