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Sapphire Technology Market (Substrate Wafer - Si-on-sapphire, SiC-on-sapphire, GaN-on-sapphire, and Others; Devices - Power Discrete Devices, Monolithic Microwave Integrated Circuit (MMIC)), and Opto-semiconductors; Application - Consumer Electronic, Power Sector, Aerospace & Defense Semiconductor, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : February, 2021

  • Rep Id : ICT00209

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report published by Infinium Global Research on sapphire technology market provides in-depth analysis of segments and sub-segments in the global as well as regional sapphire technology market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional sapphire technology market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of the global sapphire technology market. According to the report, the global sapphire technology market is projected to grow at a CAGR of 11.5% over the forecast period of 2020-2026.

 

Market Insight

The current sapphire technology market has not yet stabilized; there is a good basis for that in the nearest future. The market of sapphire technology is starting to grow, and the demand will increase in comparison to supply. Sapphire has emerged as a versatile technology useful to a range of industries in many varied applications including LEDs, optical, and RFICs. Today, the scope of technology usage is quite extensive with its unique combination of characteristics. Sapphire technology is highly demanded in almost all fields of science and technology.

 

Sapphire technology is used in end-use industries such as consumer electronics, power, aerospace, and defence. The key components in LED manufacturing are the sapphire substrate instead of filament lamps as it helps reduce power consumption, which is expected to drive the sapphire technology market. The range of products manufactured using sapphire technology has witnessed significant growth as the quality requirements for working surfaces have become more stringent. The development of new technologies, in particular in the field of telecommunication equipment, including television and tablet-phone trends, has a direct impact on a significant increase of high-tech consumption, specifically, the use of larger diameter sapphires. Sapphire has a number of physical attributes that make it suitable for a wide range of end markets including its hardness and resistance to physical. However, the availability of high-end materials Such as Si, SiC, GaN, and Others is affecting the growth of the market. Moreover, the growing technological advancements, of synthetic sapphires and HPA are expected to provide a significant growth opportunity for the sapphires technology market.

 

The Asia-Pacific region dominated the sapphire technology industry owing to the growing semiconductor industry. Furthermore, governments and companies have been pushing the development of materials, components, and equipment so that they will be less reliable on imposed products. The presence of market players is dedicating to develop sapphire materials to meet domestic demands, including Mini LED chips, which Samsung is reportedly buying from Taiwanese and Chinese companies for its upcoming Mini LED-backlit TVs. In addition, Korean industries also import most of the bonding substrates for Mini LED display from Japanese companies. The Korean government is investing in its small- and middle-sized companies to focus on research and development of those technology supplies so that its businesses can be more independent. For instance, In September 2020 A Daekyung Semco Korean company announced a 12-inch sapphire wafer with the required quality which can help to support local demands of semiconductor materials.   Additionally, countries such as Japan, Taiwan, China, Korea, and others are having their ample share in the market growth of sapphire technology.

 

Segment Covered

The report on global sapphire technology market covers segments such as substrate wafer, devices, and application. On the basis of substrate wafer, the sub-markets include Si-on-sapphire, SiC-on-sapphire, GaN-on-sapphire, and others. On the basis of devices, the sub-markets include power discrete devices, monolithic microwave integrated circuit (MMIC)), and opto-semiconductors. On the basis of application, the sub-markets include consumer electronic, power sector, aerospace & defense semiconductor, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as GT Advanced Technology, Rubicon Technology, Namiki Precision Jewel Co. Ltd, Monocrystal Inc, DK Aztec Co. Ltd, Tera Xtal, ACME Electronics Corporation, DK Aztec Co., Ltd, Fraunhofer-Gesellschaft, and Sapphire Technology Co., Ltd..

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of sapphire technology market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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