Global Card Edge Liquid Crystal Polymer (LCP) Connectors Market, Size, Trends, and Growth Opportunity, By Type (Thermotropic, Lyotropic), By Application (Defence, Consumer Goods, Electrical and Electronics, Industrial Machinery, Healthcare, Automotive, Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Card Edge Liquid Crystal Polymer (LCP) Connectors Market
The Global Card Edge Liquid Crystal Polymer (LCP) Connectors Market was valued at USD 1.21 Bn in 2021 which is expected to reach USD 2.05 Bn by 2027, at a CAGR of 6.6% from 2022-2027.
Liquid crystal polymers are a type of advanced polymer that has a highly ordered molecular structure in both solid & liquid states. As a result, materials & parts with superior temperature resistance, mechanical resilience, and fire resistance are developed. Because of its exceptional physical properties, it has a variety of potential uses, including surgical instruments, electrical connectors, and cookware coatings.
Market Drivers
The market for card edge liquid crystal polymer connectors is expected to grow as a result of the increasing demand for vehicle electronics and the miniaturization of electrical components. The usage of automobile electronics has increased as a result of the increasing demand for advanced technology such as cutting-edge driver assistance systems, onboard diagnostic systems, high-end audio systems, electronic transmission, and infotainment systems. High demand for automotive electronics will significantly contribute to the market growth.
Moreover, some advantages of LCP like chemical & temperature resistance, dimensional stability, stiffness, etc., make it appropriate to be used in the miniaturization in the electrical and electronics industry, thereby driving the LCP market growth.
Market Restraints
The major challenges faced by the card edge liquid crystal polymer connectors involve high costs and features such as short lifespan, connector issues, and issues with access to the printed circuit board.
Additionally, disruptions in the supply chain and delays in shipping can impact the growth of the card edge LCP market globally.
Market Segments
The global card edge liquid crystal polymer connectors market is segmented into types, such as thermotropic and lyotropic.
Further, the market is segmented by applications of defense, consumer goods, electrical and electronics, industrial machinery, healthcare, automotive, and others.
Regional Analysis
The Asia Pacific region is expected to dominate the card edge LCP market during the forecast period. This is due to the presence of various manufacturing units in the region and the shift of production bases to the Asia Pacific from other west-bound nations. The growing R&D activities and rising investments are driving the market growth further.
The Europe and North American regions are also expected to demonstrate significant growth due to the installation of high-performing lightweight materials in automotive manufacturing.
Key Players
Celanese Corporation, OMRON Corporation, Sumitomo Corporation, Merck KGaA, RTP Company, 3M, Polyplastics Co. Ltd, Asia International Enterprise (HK) Limited, Siemens, TE Connectivity, Solvay, and Others.
Market Taxonomy
By Type
• Thermotropic
• Lyotropic
By Application
• Defence
• Consumer Goods
• Electrical and Electronics
• Industrial Machinery
• Healthcare
• Automotive
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Card Edge Liquid Crystal Polymer (LCP) Connectors Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Card Edge Liquid Crystal Polymer (LCP) Connectors Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Card Edge Liquid Crystal Polymer (LCP) Connectors Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Card Edge Liquid Crystal Polymer (LCP) Connectors Market Share Analysis, By Type
5.3 Global Card Edge Liquid Crystal Polymer (LCP) Connectors Market Size and Forecast, By Type
5.3.1 Thermotropic
5.3.2 Lyotropic
6 Global Card Edge Liquid Crystal Polymer (LCP) Connectors Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Card Edge Liquid Crystal Polymer (LCP) Connectors Market Share Analysis, By Application
6.3 Global Card Edge Liquid Crystal Polymer (LCP) Connectors Market Size and Forecast, By Application
6.3.1 Defence
6.3.2 Consumer Goods
6.3.3 Electrical and Electronics
6.3.4 Industrial Machinery
6.3.5 Healthcare
6.3.6 Automotive
6.3.7 Others
7 Global Card Edge Liquid Crystal Polymer (LCP) Connectors Market, By Region
7.1 Global Automotive Steering System Market Share Analysis, By Region
7.2 Global Automotive Steering System Market Size and Forecast, By Region
8 North America Card Edge Liquid Crystal Polymer (LCP) Connectors Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Card Edge Liquid Crystal Polymer (LCP) Connectors Market Share Analysis, By Type
8.3 North America Card Edge Liquid Crystal Polymer (LCP) Connectors Market Size and Forecast, By Application
8.4 North America Card Edge Liquid Crystal Polymer (LCP) Connectors Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Card Edge Liquid Crystal Polymer (LCP) Connectors Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Card Edge Liquid Crystal Polymer (LCP) Connectors Market Share Analysis, By Type
9.3 Europe Card Edge Liquid Crystal Polymer (LCP) Connectors Market Size and Forecast, By Application
9.4 Europe Card Edge Liquid Crystal Polymer (LCP) Connectors Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Card Edge Liquid Crystal Polymer (LCP) Connectors Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Card Edge Liquid Crystal Polymer (LCP) Connectors Market Share Analysis, By Type
10.3 Asia Pacific Card Edge Liquid Crystal Polymer (LCP) Connectors Market Size and Forecast, By Application
10.4 Asia Pacific Card Edge Liquid Crystal Polymer (LCP) Connectors Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia
11 Latin America Card Edge Liquid Crystal Polymer (LCP) Connectors Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Card Edge Liquid Crystal Polymer (LCP) Connectors Market Share Analysis, By Type
11.3 Latin America Card Edge Liquid Crystal Polymer (LCP) Connectors Market Size and Forecast, By Application
11.4 Latin America Card Edge Liquid Crystal Polymer (LCP) Connectors Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East Card Edge Liquid Crystal Polymer (LCP) Connectors Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Card Edge Liquid Crystal Polymer (LCP) Connectors Market Share Analysis, By Type
12.3 Middle East Card Edge Liquid Crystal Polymer (LCP) Connectors Market Size and Forecast, By Application
12.4 Middle East Card Edge Liquid Crystal Polymer (LCP) Connectors Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Egypt
15.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Celanese Corporation
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 OMRON Corporation
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Sumitomo Corporation
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Merck KGaA
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 RTP Company
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 3M
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Polyplastics Co. Ltd
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Asia International Enterprise (HK) Limited
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Siemens
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 TE Connectivity
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11 Solvay
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies
