Sapphire Technology Market

New Revenue Pocket of Global Sapphire market

The Global Sapphire market in Semiconductors has created a new revenue stream inthe electronics industry, having APAC as the crown holder of sapphire ecosystem. The major reason behind the boom is the effective cost structure of the material that has grabbed the attention of electronic product and device manufacturers. With the innovation of Silicon on Sapphire Substrate (SOS), the growth of the LED industry has reached its peak. LED industry has the major share in the sapphire ecosystem and new developments have unlocked the doors for the new entrants.

The countries in the Asia-Pacific region are considered to be the hub of electronics and semiconductors market that are driving the growth of sapphire. Sapphire used in power applications such as Radio Frequency Integrated Circuit (RFIC) and the (MMIC) are on the verge of being targeted by new entrants in this sector. The innovation took place when it was possible to make display cover and camera lens covers of smart phones. One of the premium examples is when Apple Inc. (U.S.) signed a contract with GT Advanced Technologies (U.S.) worth 578 Million USD at Arizona (U.S.), in which GT Advanced Technologies (U.S.) is manufacturing sapphire based display covers for Apple’s new products. This attracted a number of OEMs to diversify in this particular segment.

Aerospace and Defense Industry is the next approaching vertical where sapphire is generally used in the transparent armors and windows for military vehicles. The exceptional properties of sapphire as well as the transparent nature of this material have made it possible to use it in aircrafts and other military vehicle. The APAC countries are in the pre-mature level of sapphire industry whereas the American nations are following the league at the second position. The European market is also expected to grow by 2020. The big fishes such as Kyocera Corp. (Japan), DK Aztec CO., Ltd (Korea), Namiki Precision Jewel Co., Ltd (Japan), Tera Xtal Corp (Taiwan), Sapphire Technology Co., Ltd (Korea), LG Siltron (Korea), Acme Electronics Corp (Taiwan), and so on, have induced a mammoth potential in the APAC region for the overall capacity of the sapphire business.

Related Reports:

Sapphire Technology Market by Growth Technologies (KY, CZ, HEM, and EFG), Substrate Wafer (Si-on-Sapphire, SiC-on-Sapphire, GaN-on-Sapphire, and Others), Devices, Applications, and Geography - Analysis & Forecast to 2013 - 2020
https://www.marketsandmarkets.com/Market-Reports/sapphire-semiconductors-market-391455.html

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Report Code
SE 2253
Published ON
Mar, 2014
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