"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Sapphire Ingot Market Size, Share & Industry Analysis, By Type (Ultraviolet Grade (UV), Infrared Grade (IR), Others), By Application (Tablet & PCs, Smart Phones, Aerospace & Defense, Medical, Other) And Regional Forecast 2022-2029

Region : Global | Report ID: FBI104237 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Sapphire ingot Al2O3 is a colorless crystal and also known as corundum. It is manufactured from alumina and belongs to the ditrigonal-scalenohedral class of the trigonal symmetry. It is mainly used as a base material for growing etching blue & white LED chips and epitaxial layers. It is available in various sizes based on the application required. Additionally, the sapphire ingots possess several beneficial properties which include good thermal conductivity, high corrosion & radiation resistance, high hardness, high mechanical strength, high biological compatibility, and low thermal expansion coefficient. It finds its application in the tablet & PCs, smartphones, aerospace & defense, and medical.


The increasing demand for sapphire ingot from smartphones and aerospace & defense applications will fuel the market growth. The demand for sapphire ingot is attributed to its beneficial properties. In aerospace & defense, the product is mainly used in the wave-transmitting window, laser window, guard plate, optoelectronic tracker, pressure sensor, IR security system, durable bearing, optronic masts, and gyroscope. The rapid growth in the aerospace industry coupled with increasing adoption of the smartphone amongst the people will surge the need for sapphire ingots. Hence, the increasing demand will contribute to propelling market growth during the forecast timeline.


However, high manufacturing cost impacts the overall price of the sapphire ingot. This also restricts its adoption in various applications and anticipated to restrain market growth.


Key Market Driver -

The rising demand for sapphire ingot in the aerospace & defense and smartphones to drive the market growth.

Key Market Restraint -

High manufacturing cost of sapphire ingot to restrict the market growth


Market Segmentation:


Based on type, the sapphire ingot market is segmented into ultraviolet grade (UV), infrared grade (IR), and others. Based on application, the market is segmented into tablet & PCs, smart phones, aerospace & defense, medical, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. 


Key Players Covered:


The key players in the sapphire ingot market include Monocrystal, USI Optronics Corporation, Guizhou Haotian Optoelectronics Technology Co., Ltd, The Roditi International Corporation, Mersen's Graphite Specialty Group, Nanjing J-crystal Photoelectric Technology Co., Ltd, CRYSCORE OPTOELECTRONIC LIMITED., ShanXiZhongJuJingKe Semiconductor Co., Ltd, SNE Research, Rubicon Technology, and Komachine.com, Co.


Key Insights



  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenarios

  • Porters Five Forces Analysis


Regional Analysis:


Asia Pacific is expected to register highest growth in the sapphire ingot market. The growth is attributed to the rising demand for the product in smartphone applications. The higher adoption of the product in aerospace & defense will fuel the market growth in North America, in which the US and Canada are the leading countries. In Europe, the growth is due to the high demand for sapphire in the medical application. Latin america & the Middle East & Africa are anticipated to witness significant growth, owing to the adoption of the product in the tablet & PCs.


To gain extensive insights into the market, Request for Customization


Segmentation






















 ATTRIBUTE


  DETAILS

By Type




  • Ultraviolet Grade (UV)

  • Infrared Grade (IR)

  • Others



By Application




  • Tablet & PCs

  • Smart Phones

  • Aerospace & Defense

  • Medical

  • Other



By Geography




  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)



Sapphire Ingot Industry Developments



  • In July 2020, HC SemiTek Corporation has acquired Crystaland Co, a manufacturer of sapphire substrates, sliced and polished wafers. Its major businesses include crystal material R&D, sapphire ingot, and sapphire polishing. This acquisition will help the HC SemiTek to move into the consumer electronic sector while improving its core competitiveness and profitability in LED chip manufacturing, upstream sapphire ingot and substrate production.


  • Ongoing
  • 2021
  • 2018-2020

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $7850
    Pre Book

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients

LG Chem
Iwatani
Petronas
Kpmg
Mobil

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X