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The application landscape for liquid crystal polymer (LCP) connectors is vast and encompasses various industries, including telecom, automotive, electronics, and medicine. The unique properties of LCP make it a versatile material, opening up opportunities for its use in a range of devices and equipment.
In the telecom sector, where the demand for high-speed data transmission is ever-growing, LCP connectors are poised to become a preferred choice for network engineers. The characteristics of LCP, such as high-temperature resistance and excellent flow properties, align well with the requirements of telecom infrastructure, ensuring reliable and efficient data transmission. As the telecom industry continues to evolve, LCP connectors are expected to play a crucial role in supporting the expansion of high-speed communication networks.
In the automotive industry, the increasing demand for on-board digital camera modules in vehicles presents a significant opportunity for the LCP connector market. As vehicles become more advanced with features like advanced driver-assistance systems (ADAS) and in-car entertainment systems, the need for reliable and compact connectors compatible with digital cameras is on the rise. LCP-based connectors can offer the necessary precision and performance required in these applications, making them a valuable component in the automotive electronics landscape.
Furthermore, LCP-based USB connectors are anticipated to witness widespread adoption in the electrical and electronics parts manufacturing sector. These connectors find applications in portable devices such as music players, digital cameras, laptops, modems, printers, and scanners. The inherent characteristics of LCP, including its ability to withstand high temperatures and provide excellent moldability, make it well-suited for use in USB connectors that are integral to numerous electronic devices.
In the medical field, miniaturization is emerging as a significant trend, driven by the need to develop smaller, lighter, and portable medical devices. LCP connectors are well-positioned to contribute to this trend by offering solutions that meet the stringent requirements of medical device manufacturers. The development of advanced health monitoring devices, portable ultrasound equipment, and diagnostic monitors that operate efficiently in extreme temperatures presents substantial growth opportunities for the LCP connector market in the medical sector.
As electronic medical devices become more sophisticated, the demand for connectors capable of ensuring seamless and reliable connectivity is crucial. LCP connectors, with their unique combination of thermal resistance, flow properties, and recyclability, can address the specific needs of medical device manufacturers, contributing to the advancement of healthcare technology.
In conclusion, the possible applications of LCP connectors in the telecom, automotive, electronics, and medical industries highlight the diverse and growing demand for this versatile material. From supporting high-speed data transmission in telecom networks to facilitating the miniaturization of medical devices, LCP connectors are proving to be invaluable components in various sectors. The forecast period is expected to witness increased adoption of LCP connectors as industries continue to embrace technological advancements and strive for enhanced performance and efficiency in their devices and equipment.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Connector Type and Region |
LCP Connectors Market Highlights:
LCP Connectors Market Overview
The global LCP connectors market has been expected to rise at a CAGR of 8.1%, with a value of USD 6,448.4 million over the forecasted 2020-2027.
Liquid crystal polymer is a super engineering plastic with high strength, modulus and impact properties, flame retardance, resistance to a wide range of aggressive chemicals, and very low and tailor-able coefficients of the thermal expansion, excellent dimensional stability, thin-wall flow-ability, and unique processability. With the miniaturization trend of many electronic products, manufacturers are streamlining devices to pack more features into smaller packages. For instance, the pitch between contacts in electrical connectors is narrower than ever before and as small as 0.2 mm, compared to older-style power connectors, with gradients exceeding 12.0 mm.
For the same reasons, LCPs are also injection molded into an integrated circuit socket, high-frequency network switches, power modules for wind and solar inverters and converters, custom high-power electrical connectors, and many other precision devices. Daily use of electric equipment, like cell phones, laptops, or tablet PCs, is increasing rapidly. At present, these devices are becoming more powerful and inexpensive from generation to generation while decreasing in size and weight. The LCP delivers the properties that permit the successful development of the miniaturization of the electrical equipment.
Market Synopsis
This MRFR perspective presents a holistic assessment for global LCP connectors market. The assessment includes a revenue forecast till 2023. Macro and microeconomics factors effecting the market has been discussed in the research document. The scope of the discussion also covers different types of LCP connectors. The document comprises ten chapters that highlight critical viewpoints. Market dynamic and market factor analysis are also available in the document. It also includes a country-level analysis across key regions of the world.
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.
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.
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 Outlook
- Rectangular Connectors
- Circular Connectors
- Card Edge Connectors
- Backplane Connectors
- Modular Connectors
- Heavy Duty Power Connectors
- FFC, FPC Connectors
- D-Shaped Connectors
- Coaxial Connectors
- Power Connectors
- Memory Connectors
- Fiber Optic Connectors
- Pluggable Connectors
- USB, DVI, HDMI connectors
- Blade-Type Power Connectors
- Solid-State Lighting Connectors
By Region Outlook
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
Recent Development
- The global LDP connectors market is partially consolidated, with the top five players accounting for over 80% of the worldwide production. The key player in the global LCP market includes Polyplastics Co. Ltd, Celanese Corporation, Sumitomo Chemical Company, Kuraray, UENO FINE CHEMICALS INDUSTRY LTD., and others.
February 2022
- Amphenol Corporation announced the first quarter dividend on its common stock in the amount of USD 0.20 per share at its meeting. The company will pay this first quarter 2022 dividend in April 2022 to the shareholders of record as of March 2022.
Intended Audience
- 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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