Sapphire Technology Market Share, Growth, Opportunities 2030
Sapphire Technology Market Share, Growth, Opportunities 2030
Segments - Sapphire Technology Market by Types (Opto-semiconductors and Power Semiconductor), Applications (Industrial, Automotive, Electronics, Power, and Aerospace & Defense), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
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| Report ID :ICT-SE-3914
| 4.4 Rating
| 64 Reviews
| 202 Pages
| Format :
Report Description
The global sapphire technology market size is expected to register a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the utilization of the technology across a variety of industries including power electrical devices, information technology, and aerospace & defense.
In its purest form, sapphire is essentially aluminum oxide that has no porosity or limits and is, hence, dense in nature. In comparison to its counterparts, some remarkable characteristics of the substance have made it one of the most successful semiconductor materials. High-power CMOS integrated circuits and in high-frequency thin sapphire wafers are employed as an insulating substrate. Silicon on sapphire (SOS) chips are some common names for these integrated circuits and are generally utilized in high-power radio-frequency applications such as satellite communication systems and cellular phones. Both analogue and digital circuitry are integrated in the SOS chip. Sapphire provides strong insulation and even balances the generated heat in the circuit because it has a higher conductivity for heat and a lower conductivity for electricity. Therefore, sapphire has evolved as a versatile material that is specifically employed in the semiconductor sector.
The COVID-19 pandemic has caused a major setback on the market and shattered almost every industry in the world. The decline in the demand for sapphire technology was due to harsh impact of the pandemic that affected overall economic status of people, limiting consumer spending, and reducing non-essential expenditure.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing need for time-saving and efficient operating solutions for semiconductor related problems are key factors driving the market.
- Rising demand for semiconductor and its wide use in various applications across industries such as automotive and electronics present key drivers of the market.
- Low cost of raw materials is another key driver that can push the market expansion during the given timeline.
- Rapid levels of rivalry from new entrants owing to innovative technology and severe competition from high-end materials are major challenges that can hinder the market growth.
- Integration of advanced technology such as increasing used in light-emitting diodes instead of filament lamps to save energy is creating lucrative opportunities for market expansion.
Scope of the Report
The report on the global sapphire technology market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Sapphire Technology Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Types (Opto-semiconductors and Power Semiconductor) and Applications (Industrial, Automotive, Electronics, Power, and Aerospace & Defense) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Sapphire Technology Co., Ltd; ACME Electronics Corporation; DK Aztec Co. Ltd.; and Fraunhofer-Gesellschaft |
Market Segment Insights
Power semiconductor segment to expand at a considerable CAGR
On the basis of types, the sapphire technology market is bifurcated into opto-semiconductors and power semiconductor. The power semiconductor segment is projected to expand at a considerable CAGR during the forecast period as sapphire is a significant foundation component for integrated circuits and power-supply components. The segment also widely delves into the power discrete market such as diodes and switches.
Electronics segment to hold significant share of the market
In terms of applications, the market is divided into industrial, automotive, electronics, power, and aerospace & defense. The electronics segment is expected to hold significant share of the market owing to wide use of the technology in various electronics applications and devices including smart phones, camera lens covers, LED, HB LED, and Color LED. However, the aerospace & defense segment is anticipated to account for significant market share due to extensive adoption of the technology for several applications such as sapphire-based transparent armors and sapphire aerospace window applications in the industry.
North America is anticipated to constitute a key market share
In terms of regions, the sapphire technology market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America and Europe are expected to constitute key share of the market during the projected period due to the presence of large number of the population who tend to spend on luxurious items. Moreover, the early adoption of advanced technology for the substance development is expected to boost the regional market.
Segments
Segments Covered in the Report
The global sapphire technology market has been segmented on the basis of
Types
- Opto-semiconductors
- Power Semiconductor
Applications
- Industrial
- Automotive
- Electronics
- Power
- Aerospace & Defense
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Sapphire Technology Co., Ltd
- ACME Electronics Corporation
- DK Aztec Co. Ltd.
- Fraunhofer-Gesellschaft
Competitive Landscape
Key players competing in the global sapphire technology market are Sapphire Technology Co., Ltd; ACME Electronics Corporation; DK Aztec Co. Ltd.; and Fraunhofer-Gesellschaft. To achieve sustainability, essential industry participants concentrate on innovation and launching of new techniques. Furthermore, producers place a premium on vertical integration in order to maintain greater control over sapphire material production.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Sapphire Technology Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sapphire Technology Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sapphire Technology Market - Supply Chain
4.5. Global Sapphire Technology Market Forecast
4.5.1. Sapphire Technology Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sapphire Technology Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Sapphire Technology Market Absolute $ Opportunity
5. Global Sapphire Technology Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Sapphire Technology Market Size and Volume Forecast by Types
5.3.1. Opto-semiconductors
5.3.2. Power Semiconductor
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Sapphire Technology Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Sapphire Technology Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Sapphire Technology Demand Share Forecast, 2019-2026
7. North America Sapphire Technology Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Sapphire Technology Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Sapphire Technology Market Size and Volume Forecast by Types
7.4.1. Opto-semiconductors
7.4.2. Power Semiconductor
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Sapphire Technology Demand Share Forecast, 2019-2026
8. Latin America Sapphire Technology Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Sapphire Technology Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Sapphire Technology Market Size and Volume Forecast by Types
8.4.1. Opto-semiconductors
8.4.2. Power Semiconductor
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Sapphire Technology Demand Share Forecast, 2019-2026
9. Europe Sapphire Technology Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Sapphire Technology Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Sapphire Technology Market Size and Volume Forecast by Types
9.4.1. Opto-semiconductors
9.4.2. Power Semiconductor
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Sapphire Technology Demand Share Forecast, 2019-2026
10. Asia Pacific Sapphire Technology Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Sapphire Technology Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Sapphire Technology Market Size and Volume Forecast by Types
10.4.1. Opto-semiconductors
10.4.2. Power Semiconductor
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Sapphire Technology Demand Share Forecast, 2019-2026
11. Middle East & Africa Sapphire Technology Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Sapphire Technology Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Sapphire Technology Market Size and Volume Forecast by Types
11.4.1. Opto-semiconductors
11.4.2. Power Semiconductor
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Sapphire Technology Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Sapphire Technology Market: Market Share Analysis
12.2. Sapphire Technology Distributors and Customers
12.3. Sapphire Technology Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Sapphire Technology Co., Ltd
12.4.2. ACME Electronics Corporation
12.4.3. DK Aztec Co. Ltd.
12.4.4. Fraunhofer-Gesellschaft
Methodology
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