Reports Coverage
Sapphire Substrate Market Key Insights
Sapphire Substrate Market Analysis by Regions
Sapphire Substrate Market Analysis by Segments
Sapphire Substrate Market Size (current and future)
Sapphire Substrate Market Competitive Benchmarking
a year ago
The sapphire substrate market in North America is expected to grow from US$ 141.28 million in 2021 to US$ 199.41 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.
Sapphire substrate is used in LEDs, laser diodes, and RFIC applications, with LED accounting for over ~90%. Sapphire substrate is suitable for LED applications due to its high strength, h...
a year ago
The sapphire substrate market in Asia Pacific is expected to grow from US$ 329.47 million in 2021 to US$ 496.07 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028.
Sapphire substrate is largely used in the consumer electronics industry. Therefore, the rising demand for consumer electronics creates lucrative opportunities for the sapphire substrate ma...
a year ago
The sapphire substrate market in Europe is expected to grow from US$ 141.28 million in 2021 to US$ 199.41 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.
The growing demand for silicon-on-sapphire microelectronic circuits has been propelling the sapphire substrate market significantly. It is the way of developing a monocrystal Si film on sapphire...
Sapphire substrate is a thin, polished slice of sapphire crystal used as a substrate material in the production of a variety of electronic devices, including LED lights, lasers, and semiconductor devices. It is recognized for its superior electrical insulation, high thermal conductivity, and chemical stability. Depending on the application, the size of a sapphire substrate typically ranges from a few millimeters to several centimeters.
The expansion of the market is driven by the rising demand for LEDs and the expanding use of sapphire in the fabrication of semiconductor devices. The high cost of sapphire substrates relative to other substrate materials and the difficulties associated with producing high-quality, large-sized sapphire substrates are market restraints.
China is a major player in the sapphire substrate market in the Asia-Pacific region due to its large domestic market for electronics and its status as a leading global manufacturer of electronic devices. Other countries in the area, like Taiwan and South Korea, have large industries that make sapphire substrates.
ILJIN DISPLAY CO., LTD., CRYSCORE OPTOELECTRONIC LIMITED, CRYSTALWISE TECHNOLOGY INC., SAINT GOBAIN S.A., KYOCERA Corporation, and Monocrystal are among the leading companies in the sapphire substrate market.
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