Global Sapphire Technology Market Expands with Expansion Electronics Industry

San Francisco, California, October 03, 2018: The demand within the global market for sapphire technology has been rising due to the nascence of sapphire-based techniques across multiple industries. Due to the buzz that has been created around the use of sapphire, several industrial leaders want to experiment with the usage of sapphire while manufacturing electronic goods and non-ornamental products. Sapphire is special gemstone that is produced after a specific blending and treatment of aluminium oxide. Furthermore, the use of sapphire technology in infrared parts has also become a key driver of demand within the global market for sapphire technology. A report added by TMR Research ushers light on the key dynamics that have pervaded into the global market for sapphire technology in recent times. The title of the report is “Sapphire Technology Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025”.

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The use of sapphire technology in the manufacture of electronic wafers has created commendable demand within the global market for sapphire technology. Furthermore, crystals of watches and movement bearings are also shaped and miniaturised with the help of sapphire technology. This factor coupled with the capacity of sapphire-based equipments to bear thermal load has created new growth opportunities within the global market for sapphire crystals.

The demand for crystal technologies has been rising across Taiwan, Japan, China, and South Korea which has given an impetus to the growth of the market for sapphire technology in Asia Pacific.

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Some of the key companies in the global market for sapphire technology are Sapphire Technology Co. Ltd., DK Aztec Co. Ltd., Rubicon Technology, and ACME Electronics Corporation

Sapphire Technology Market expected to pace higher over 2025

Global Sapphire Technology Market: Snapshot

Sapphires are a type of gemstone formed based off a specific type of aluminum oxide. While they are typically blue in color, there are certain sapphires that can be found in other colors, such as orange or green, while some sapphires may even show two or more colors. There is a wide range of non-ornamental applications for sapphires and sapphire technology. Some of the key uses of sapphire technologies lie in optical and infrared parts, thin electronic wafers, movement bearings and crystals in wristwatches, and insulating substrates. Being one of the two corundrum gem families, sapphires are naturally found in their deposits in Madagascar, East Africa, and North America.

Some of the more common applications of sapphires include their uses in the production of shatter resistant windows and windshields in specialized armored vehicles as well as in military body suits. Sapphire crystals are also used in output windows for Cermax, a type of xenon arc lamps, as it can help tolerate high thermal loads. Sapphire glass provides several key benefits such as being highly resistant to scratches, abrasions, and is vastly stronger than standard optical materials. Sapphire can also be used as a substrate for semiconducting circuits, where thin sapphire wafers are used as insulation to create ICs that are commonly known as SOS. One of the niche uses of sapphire technologies involves monocrystalline sapphire in hip joint endoprosthesis, due to their superbly low wear when combined with certain metals.

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Global Sapphire Technology Market: Overview

Due to their unique and exceptional properties, sapphires have emerged as appropriate materials used across varied applications. Sapphire materials offer high reliability, cost effectiveness, and longer lifecycle. Because they are very high in efficiency, offer a gamut of electric properties, and have better and longer thermal life than other materials, sapphires are also used in electronic devices, display covers, and LED. Thus with the expansion of the consumer electronics industry, the demand for sapphire technology is expected to pace higher.

The report provides a comprehensive overview of the global sapphire technology market. It also includes information obtained via proven research methodologies and intended at providing key market insights.

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Global Sapphire Technology Market: Trends and Opportunities

Due to the high cost effectiveness of sapphire compared to other materials, its application in the power semiconductors industry is increasing at a robust pace. This, coupled with the rising demand from other end-use sectors, is boosting the global sapphire technology market. Spurred by these factors, the overall market is forecast to exhibit a double-digit growth as per TMR. Besides these, the market is also expected to gain from the increasing application across power, aerospace, and defense industries. Moreover with improved manufacturing processes due to the use of sapphire for water processing is likely to fuel the demand for sapphire technology further in the coming years.

With an increasing number of manufacturers keen on developing solutions using sapphire technology, intended at minimizing operational cost and maximizing profit, in future the market is expected to witness accelerated pace of gains. Sapphires help in insulating substrate, which ensures lower power consumption thereby resulting in better isolation and increased speed. Furthermore, the market also has low entry barriers. This however could result into high degree of competition thereby creating hindrances for the global sapphire technology market.

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Global Sapphire Technology Market: Regional Outlook and Key Segments

Regionally, the global sapphire technology market can be segmented into Asia Pacific, North America, Europe, and Rest of the World. Among these regions, the market is witnessing highly attractive opportunities in Asia Pacific due to the increasing demand from countries such as Taiwan, China, South Korea, Japan, and others.

By application, the market witnesses increasing demand from consumer appliances, LED displays, and defense and aerospace industries. Based on technology, the market covers the diverse techniques of producing sapphires of different shapes and sizes. Some of the widely used sapphire technologies are HEM, EFG, KY, and CZ.

Global Sapphire Technology Market: Vendor Landscape

Some of the leading players operating in the global sapphire technology market are Namiki Precision Jewel Co. Ltd., Monocrystal Inc., GT Advanced Technology, DK Aztec Co. Ltd., Sapphire Technology Co. Ltd., Rubicon Technology, and ACME Electronics Corporation.

The report includes profiles of some of the leading companies operating in the global sapphire technology. It studies the impact of SWOT analysis, to identify the strengths and weaknesses of the companies profiled. The analysis also presents a detailed assessment of the threats and opportunities that these companies may face in the near future.

Sapphire Technology Gaining Demand from Power Semiconductor Sector

San Francisco, California, June 12, 2017: Applications across various sectors including aerospace, defense, and power and cost effectiveness are two of the prominent factors that are augmenting the demand in the global sapphire technology market, according to the findings of a recent study by TMR Research. The report, titled “Sapphire Technology Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” also attributes longer lifecycle and extended thermal life of sapphire for its growing usage in the electronic devices, which will further increment the demand during the forecast period of 2017 to 2025.

The report has been prepared to serve as a reliable business document for the stakeholders of this market, offering them comprehensive analysis of all major factors that may impact the demand in the near future. While segmenting the market on the basis of application and region, the report also detects the leading vendors of the sapphire technology market and overviews them for their potential.

As per the findings of the report, cost effectiveness of sapphire makes them highly useful for the semiconductors industry, which has vast potential in the power sector, growing market for LED applications, the presence of several established players in various segments, and increasing support from ecosystems of other materials are some of the other factors driving the global sapphire technology market. On the other hand, flooding of new players due to the attractiveness of the market, competition from high-end materials such as GAN, SI, and SIC, and the need for production process enhancement are some of the challenges faced by the global sapphire technology market.

Based on sapphire substrate type, the report segments the global sapphire technology market into wafer size and plane orientation. Orientation-wise, the market can be segmented into A-plane, M-plane, C-plane, and R-plane. On the basis of devices, the market for sapphire technology can be categorized into power IC market, power semiconductor market, and Opto-semiconductor market. Application-wise, the market can be bifurcated into consumer electronics, ICT applications, power sector, defense, and aerospace. Geographically, the report takes stock of all the important regions for the sapphire technology market, such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Kyocera Corporation, Fraunhofer-Gesellschaft, Namiki Precision Jewel Co., Ltd, ACME Electronics Corporation, Monocrystal Inc., Sapphire Technology Co., Ltd., Rubicon Technology Inc., GT Advanced Technologies Inc., DK Aztec Co., Ltd., Sumitomo Chemical Co., Ltd., and Tera Xtal Technology Corporation are a few prominent companies currently operating in the global sapphire technology market. In the near future, these players are expected to focus primarily on product innovation in order to keep up with the advancements in LED technology.