Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Connectors serve as the linchpin in the intricate world of electronics, facilitating the seamless connection of cables and electronic devices to complete vital electrical circuits. Within the expansive market, diverse connectors cater to the specific needs of various industries, ensuring efficient and reliable electrical connectivity. These connectors typically feature a plug (male-ended) or a jack (female-ended), enabling them to establish connections with other electrical or electronic devices and components.
The materials used in connector manufacturing play a pivotal role in determining their performance and applicability. Among the array of materials available, Liquid Crystal Polymer (LCP), Nylon 66, Polybutylene terephthalate (PBT), Polyphenylene sulfide (PPS), and Polyethyleneimine (PEI) are commonly employed. However, Liquid Crystal Polymer has emerged as a frontrunner in recent years, gaining significant traction due to its distinctive chemical properties.
Liquid Crystal Polymer (LCP) stands out for its chemical features, including being unreactive, inert, and possessing high resistance to fire. These attributes make LCP an ideal choice for manufacturing connectors that are deployed in demanding environments across various industries. LCP connectors have found widespread application in the consumer electronics, electrical, and automotive sectors.
The unreactive nature of LCP is a crucial advantage in connector manufacturing. Unreactive materials do not undergo chemical changes when exposed to different substances, ensuring stability and reliability in diverse environmental conditions. This property is especially valuable in applications where connectors are subjected to a range of elements and substances, guaranteeing the longevity and effectiveness of the electrical connections.
Inertness is another key feature of LCP that contributes to its suitability for connector production. Inert materials maintain their stability and resist chemical reactions, preventing unwanted interactions that could compromise the integrity of the connector. This characteristic ensures that LCP connectors offer consistent performance, even in the face of challenging operating conditions.
The high resistance to fire exhibited by Liquid Crystal Polymer further enhances its appeal. In industrial applications, especially those involving electrical components, fire resistance is a critical safety consideration. LCP connectors provide an added layer of security by minimizing the risk of fire-related incidents, making them a preferred choice in scenarios where safety is paramount.
The widespread adoption of LCP connectors is evident in their extensive use across diverse industrial applications. In the consumer electronics sector, LCP connectors contribute to the seamless functioning of devices such as smartphones, tablets, and laptops. Their reliability and efficiency make them integral components in the ever-evolving landscape of electronic gadgets.
The electrical industry also benefits significantly from LCP connectors, leveraging their durability and ability to withstand varying electrical loads. As technology advances, electrical systems become more complex, and the demand for robust connectors capable of handling these intricacies continues to rise.
In the automotive sector, where electronic systems play a pivotal role, LCP connectors have become indispensable. The demanding conditions within vehicles, including temperature variations, vibrations, and exposure to different elements, necessitate connectors with superior durability and resistance – qualities that LCP connectors inherently possess.
In conclusion, connectors, with their diverse applications, form the backbone of electronic systems, ensuring seamless electrical connectivity. Among the materials used for connector manufacturing, Liquid Crystal Polymer has emerged as a key player, driven by its unreactive, inert, and fire-resistant properties. The prevalence of LCP connectors in consumer electronics, electrical, and automotive industries underscores their versatility and reliability in meeting the evolving demands of the technological landscape. As industries continue to advance, connectors, especially those crafted from materials like LCP, will remain at the forefront of innovation, enabling the continuous progress of electronic systems.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | 8.1% (2020-2027 |
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.
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
