Sapphire Substrate Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030

  • Single User License $3500

Sapphire Substrate Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030

Status : March, 2023 | Semiconductor & Electronics

Report Digest

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:

  • US-based Meller Optics, Inc., provider of high quality optics, has come up with a new sapphire waveplates for visible lasers and high-power IR in October 2020. Shock, scratches, chemicals, and temperature variations do not affect these sapphire waveplates that have been custom-designed.

Some of the well-known players in the global sapphire substrate market are listed below:

  • Saint-Gobain Group
  • Precision Micro-Optics, Inc.
  • Crystal Applied Technology, Inc.
  • Sapphire Technology Co., Ltd.
  • Aurora Optoelectronics Co., Ltd
  • Precision Micro-Optics, Inc.

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.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?