Research Methodology – Molded Interconnect Device (MID) Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Molded Interconnect Device (MID) Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Molded Interconnect Device (MID) Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share:
- The volume and value of the MID market at both global and regional level.
- Decision-making process of the target audience such as manufacturers, distributors, and suppliers.
- Product pricing patterns and market volatility.
- Production capacity, import-export statistics, and supply-demand gap analysis.
- Changes in demand and supply dynamics of the MID market.
- Market competition and the extent of penetration in the market.
- Updates and shifts in regulations, laws and policies affecting the MID industry.
2 Key Market Indicators:
- Consumer and end-user adoption rates for MID.
- Technological advancements and innovation in the MID market.
- Gross margin and profitability of companies in the MID market.
- Trends and dynamics in related markets (like electronics, automotive, communication, etc.).
- Global and regional economic indicators impacting the MID market.
3 Growth Trends:
- Increase in demand for smaller, lighter devices leading to increased use of MID technology.
- Growth in the automotive sector leading to higher demand for MID in automotive applications.
- Technological advancements and growth in demand for advanced communication devices.
- Increasing usage of MID in medical devices.
- Increasing research and development in the field of MID technology.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Molded Interconnect Device (MID) Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Molded Interconnect Device (MID) Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights