Sapphire Substrate Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030
Global Sapphire Substrate Market: Overview
The finding of allotropes like graphene has resulted in a dramatic increase in research and development activities across the globe, with a focus on the invention of novel 2D (two-dimensional) substances. The search for new elements was mostly reliant on laboratory efforts, which were hampered by a number of obstacles, such as the fabrication of a scalable quantity of high-quality crystalline 2D substances. One of the primary growth factors for the global sapphire substrate market is likely to be the expanding utilization of sapphire substrate in crystal.
Sapphire substrates provide a one-of-a-kind blend of consistent electrical characteristics, superior thermal conductivity, high strength, outstanding heat resistance, and wide transmission wavelength range. When optical transmission in the infrared (below 5 m) or UV (above 200 nm) range is needed, sapphire substrates are an excellent alternative to glass substrates. The increased thermal conductivity of sapphire substrates is likely to improve low-temperature optical tests, and they can also be employed in high-temperature conditions up to 2300 K. These factors are anticipated to drive development of the global sapphire substrate market in the years to come.
The “global sapphire substrate market” research makes an inclusion of main market segments such as wafer diameter, application, and regional markets. It also examines the global sapphire substrate market's present competitiveness over the projected period of 2020 to 2030.
Global Sapphire Substrate Market: Key Trends
Uniquely patterned sapphire substrates are being developed as a result of research activities, and they are finding uses throughout the semiconductor industry. A uniquely structured sapphire substrate has been extensively exploited in the recent years to achieve light-emitting diodes (LED) that are mesa-type and comes with low density of threading dislocation. Furthermore, rising trend for use of nitride-based LEDs for solid-state illumination is likely to present a significant bearing on the global sapphire substrate market over the forecast timeline, from 2020 to 2030. Such preference is owing to several advantages such as high efficiency, small size, and extended life. Due to the widespread usage of LEDs in traffic signals and full-color displays, the usage for sapphire substrate has risen steadily in recent years.
The rising usage for silicon-on-sapphire microelectronic circuits is likely to come up as another aspect that is expected to propel the global sapphire substrate market forward. Radiation resistance, low consumption of power, and fast speed are all factors that have contributed towards the surge in demand for silicon on sapphire circuits. In addition to that, silicon on sapphire microelectronic circuits is extensively deployed in the manufacturing of laptops, high-frequency radio communication, and smartphones. It is also used in the aerospace sector, which is likely to boost the global sapphire substrate market throughout the forecast period.
Global Sapphire Substrate Market: Notable Development
To attract more clients, key sapphire substrate producers are working on the production of cost-effective sapphire substrate. The following is one of the noteworthy advancements in the global sapphire substrate market:
Some of the well-known players in the global sapphire substrate market are listed below:
Global Sapphire Substrate Market: Regional Assessment
Because of the existence of prominent market participants, technical developments, and the rise of consumer electronics applications and ICT in the region, the sapphire substrate market in Asia Pacific is likely to exhibit high growth in the years to come.
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