PSiP and PwrSoC Market Size | Revenue, Opportunity, Forecast 2023
Overview: A recent study conducted by Market Research Future (MRFR) reveals the global LCP connectors market is set to increase at 8.1% CAGR between 2018 and 2023. Relentless technological advancements in industries such as electronics, medical and telecom has helped broaden the application spectrum of LCP connectors. Demand for small and thin connectors has significantly increased in recent years owing to device miniaturization. This can be linked with the rising preference for LCP connectors . Over the years, several types of LCP connectors have come up, offering a wide range of circuit wiring solutions. Materials that are currently used for making connectors include Polyethyleneimine (PEI), Polybutylene terephthalate (PBT), Crystal Polymer (LCP), Polyphenylene sulfide (PPS), and Nylon 66. LCP is one of most common materials used for making connectors as it has high inertness and durability. Growth of sectors such as automobile, aerospace and consumer electronics is also providing