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

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.

Attributes	Details
Report Title	Sapphire Technology Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Types (Opto-semiconductors and Power Semiconductor) and Applications (Industrial, Automotive, Electronics, Power, and Aerospace & Defense)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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.

1. Executive Summary
2. 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