Market Overview:
The global sapphire materials and components market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for sapphire materials and components in electronic products, optical products, and other applications. Some of the key factors that are driving the growth of this market include technological advancements, rising demand for smartphones and tablets, and growing demand for LED lighting. However, volatility in prices of raw materials used in manufacturing sapphire materials may restrain the growth of this market to some extent during the forecast period. On basis on type, skarn type is projected to account for a larger share than hydrothermal type during the forecast period from 2018 to 2030. This can be attributed mainly due high purity levels achieved by skarn type as compared with hydrothermal type process which leads higher adoption rates among various application segments such as electronic products & semiconductor devices fabrication; optical lenses; medical implants (e.g.
Product Definition:
A sapphire material is a hard, transparent material that is often used to make lenses and windows. It is also sometimes used in jewelry. Sapphires are made of crystalline aluminum oxide and can be blue, green, or purple.
Skarn Type:
Skarn is a mineral, belonging to the category of opaque minerals. Skarn can be classified under the microscope as an Orthopyroxene-Ferroelectric Crystalline Rock. It has a low melting point and decomposes at or near room temperature into Ferroelectric crystals which are responsible for its hardness and glass like appearance under microscopes.
Hydrothermal Type:
Hydrothermal type is a new term in the jewelry industry and it has been used for the first time in 2015. It is also an exclusive technology that belongs to neither casting nor forging but rather to a new category of materials, which are produced by controlled heating at high temperature. The material or component produced does not melt completely; instead, it remains solid at normal room temperature.
Application Insights:
The other application segment includes construction, automotive, and industrial applications. The other applications include electronics and optoelectronics among others. The electronic products segment is expected to be the fastest-growing at a CAGR of XX% over the forecast period owing to increasing demand for sapphire glass in smartphones and wearable devices as substrates for touch panels or sensors.
Electronic goods such as mobile phones are increasingly being manufactured using large quantities of sapphire glass in order to reduce their weight which eventually leads to increased battery life along with improved performance/speed ratio when compared with traditional materials used in mobile phones such as plastic or metal alloys. Moreover, growing preference towards smartwatches on account of enhanced aesthetics is also likely to boost product consumption over the next few years especially across regions like Latin America where disposable income levels are relatively higher than North America or Europe due its proximity relativistic effects on Earth (i.e., time dilatation).
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing demand for electronic products and growing offshore oil & gas industry in U.S., Canada, and Mexico. In addition, rising construction activities due to rapid urbanization are expected to fuel product demand over the forecast period.
Asia Pacific is projected to witness significant growth over the next eight years owing to rapid industrialization along with expansion of manufacturing base in China, India, Japan, South Korea, Taiwan among other Asian countries owing to low labor cost coupled with easy availability of raw materials such as corundum and sapphire crystal which are majorly sourced from local mines or from overseas sources through exports/imports thus making it a lucrative regional market for exporters as well as importers respectively.
Growth Factors:
- Increasing demand from the electronics and electrical industry for sapphire materials and components due to their properties such as high thermal conductivity, optical transparency, and chemical stability.
- Growing popularity of LED lighting which requires sapphire substrates for light emitting diodes.
- Rising demand from the medical industry for sapphire components in products such as endoscopes and surgical lasers.
- Increasing use of sapphire materials in automobiles due to its properties such as scratch resistance and heat resistance. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Sapphire Materials and Components Market Research Report
By Type
Skarn Type, Hydrothermal Type
By Application
Electronic Products, Optical Products, Other
By Companies
AccessOptics, Gavish, Guizhou Haotian Optoelectronics Technology, Kyocera Corporation, Monocrystal, Namiki Precision Jewel, Rubicon Technology, San Jose Delta Associates, Stettler Sapphire AG, Swiss Jewel Company, AccessOptics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Sapphire Materials and Components Market Report Segments:
The global Sapphire Materials and Components market is segmented on the basis of:
Types
Skarn Type, Hydrothermal Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic Products, Optical Products, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AccessOptics
- Gavish
- Guizhou Haotian Optoelectronics Technology
- Kyocera Corporation
- Monocrystal
- Namiki Precision Jewel
- Rubicon Technology
- San Jose Delta Associates
- Stettler Sapphire AG
- Swiss Jewel Company
- AccessOptics
Highlights of The Sapphire Materials and Components Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Skarn Type
- Hydrothermal Type
- By Application:
- Electronic Products
- Optical Products
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sapphire Materials and Components Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sapphire Materials and Components is a global supplier of sapphire materials, components, and services. The company offers a wide range of sapphire products for use in various industries including semiconductor, display, optics, energy storage and more. Sapphire Materials also provides engineering support and consulting services to help customers meet their specific needs.
Some of the major players in the sapphire materials and components market are AccessOptics, Gavish, Guizhou Haotian Optoelectronics Technology, Kyocera Corporation, Monocrystal, Namiki Precision Jewel, Rubicon Technology, San Jose Delta Associates, Stettler Sapphire AG, Swiss Jewel Company, AccessOptics.
The sapphire materials and components market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sapphire Materials and Components Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Sapphire Materials and Components Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sapphire Materials and Components Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Sapphire Materials and Components Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Sapphire Materials and Components Market Size & Forecast, 2020-2028 4.5.1 Sapphire Materials and Components Market Size and Y-o-Y Growth 4.5.2 Sapphire Materials and Components Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Skarn Type
5.2.2 Hydrothermal Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronic Products
6.2.2 Optical Products
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sapphire Materials and Components Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sapphire Materials and Components Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Skarn Type
9.6.2 Hydrothermal Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronic Products
9.10.2 Optical Products
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Skarn Type
10.6.2 Hydrothermal Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronic Products
10.10.2 Optical Products
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Skarn Type
11.6.2 Hydrothermal Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronic Products
11.10.2 Optical Products
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Skarn Type
12.6.2 Hydrothermal Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronic Products
12.10.2 Optical Products
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Skarn Type
13.6.2 Hydrothermal Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronic Products
13.10.2 Optical Products
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sapphire Materials and Components Market: Competitive Dashboard
14.2 Global Sapphire Materials and Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AccessOptics
14.3.2 Gavish
14.3.3 Guizhou Haotian Optoelectronics Technology
14.3.4 Kyocera Corporation
14.3.5 Monocrystal
14.3.6 Namiki Precision Jewel
14.3.7 Rubicon Technology
14.3.8 San Jose Delta Associates
14.3.9 Stettler Sapphire AG
14.3.10 Swiss Jewel Company
14.3.11 AccessOptics