LCP Connectors Market Snapshot:
The global liquid crystal polymer (LCP) connectors market is projected to exhibit a compound annual growth rate of 8.1% during the forecast period (2018-2023). Technological advances made in spears such as telecom, electronics and medical has bolstered the application prospects for smaller and thinner connectors. LCP connectors are taking a center stage in modern electronic designs. A wide range of LCP connectors are available, catering to various sophisticated wiring needs of modern electronic devices.
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Crystal Polymer (LCP), Nylon 66, Polybutylene terephthalate (PBT), Polyphenylene sulfide (PPS), and Polyethyleneimine (PEI) are among the common materials used for making connectors. Of these, LPC has is witnessing a high preference owing to its distinctive features such as unreactive, inert, and high resistance to fire. Such factors are making position influence on the global LCP connector market. Moreover, increasing miniaturization of electrical components and rising application in the automobile industry is also propelling the sales of LCP connectors.
Stringent environment regulations and energy efficiency is prompting the electronic manufacturing sector to focus of solutions that are future-ready. This is leading towards miniaturization and convergence of electronic devices. Miniaturization has increased the demand for connectors, sockets with high pin density, and other ultra-thin parts. LCP connectors facilitates development of high precision injection molded parts. However, the introduction of Polyphthalamide (PPA) connectors may somewhat apprehend the market potential of LCP connectors in the future.
LCP Connectors Market Companies Covered:
Sumitomo Chemical Company, Amphenol Corporation, Wurth Group (Wurth Elektronik), 3M Company, Japan Aviation Electronics Industry, Ltd., Hirose Electric Co. Ltd., Celanese Corporation, RTP Company, HARTING Technology Group, TE Connectivity Ltd., OMRON Corporation, Asia International Enterprise (HK) Limited, Cinch Connectivity Solutions, Polyplastics Co. Ltd, Axon’ Cable, Solvay SA and Molex Inc.
The report provides insights on the leading market players and evaluates their current market share. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.
LCP Connectors Market Research Methodology:
MRFR utilizes a robust research methodology. Market sizing and revenue projections are undertaken using a complex but fail-safe research system. This system is a combination of primary and secondary research activities. A range of options is considered for gathering impactful market information and data. Proprietary sources such as white papers, encyclopedia, SEC filings, annual reports, etc. are consulted for identifying mission-critical facts. Further, interactions with subject matter experts through telephonic, email and face-to-face interviews allows confirmation of research findings. For ensuring high credibility of the study, a multi-level verification technique is used. Use of bottom-up and top-down approaches ensure representation of correct market foresights.
LCP Connectors Market Other Description
Market Denomination- USD Mn
Base Year- 2017
Forecast Period- from 2018 to 2023
For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for LCP connector
By Connector Type
Card Edge Connectors
Heavy Duty Power Connectors
FFC, FPC Connectors
Fiber Optic Connectors
USB, DVI, HDMI connectors
Blade-Type Power Connectors
Solid-State Lighting Connectors
Rest of the World (RoW)
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Manufacturers and distributors of liquid crystal polymers.
Suppliers and traders of liquid crystal polymers.
Government, associations and industrial bodies.
Investors and trade experts.
Consulting in chemical experts.
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