Market Overview:
The global sapphire substrates for LED market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for LED-based lighting solutions across various applications, such as tablets, mobile phones, and other applications. In addition, the growing demand for sapphire substrates in the automotive sector is also contributing to the growth of this market. The 2 inches sapphire substrates for LED segment is expected to account for a major share of the global sapphire substrates for LED market during the forecast period. This segment is projected to grow at a CAGR of XX% from 2018 to 2030. The 4 inches and 6 inches sapphire substrate segments are also projected to witness significant growth during the forecast period. In terms of region, North America accounted for a major share of the global sapphire substrates for LED market in 2017 and this trend is expected continue duringthe forecast period from 2018to2030 .
Product Definition:
A sapphire substrate is a material that is used to produce LED devices. Sapphire substrates are important because they offer many benefits, including high optical quality, low thermal expansion coefficients, and excellent electrical properties. Additionally, sapphire substrates can be fabricated into large sizes, which makes them ideal for use in LED displays and lighting applications.
2 Inches Sapphire Substrates for LED:
2 inches sapphire substrates for LED market is expected to grow at a significant rate over the forecast period. The growth of this market can be attributed to the increasing demand for LEDs in various end-use industries such as automotive, consumer electronics, and industrial applications. Sapphire substrate is used in LED manufacturing owing to its high thermal conductivity and optical properties which helps light emitter manufacturers produce high power LEDs with reduced size and cost.
4 Inches Sapphire Substrates for LED:
4 inches sapphire substrates for LED market is expected to grow at a significant rate owing to the increasing demand for LEDs in various end-use industries such as automotive, consumer electronics, and industrial. Sapphire substrates are used in LED manufacturing due to their high thermal conductivity and optical properties.
Application Insights:
The tablets segment led the global market and accounted for more than 40% of the revenue share in 2017. The growth can be attributed to increasing demand for electronic devices, which require sapphire substrates with high hardness and superior optical properties. Moreover, rising demand from tablet manufacturers such as Apple Inc., Samsung Electronics Co., Ltd., Lenovo Group Ltd., Huawei Technologies Co., Ltd. is expected to boost product consumption over the forecast period.
The mobile phones segment is anticipated to witness significant growth over the forecast period owing to increased production of smartphones globally coupled with growing consumer preference for advanced technological products such as smartphones, which offer enhanced features and functionality in various applications including communication, media entertainment & gaming along with a high degree of scratch resistance and durability.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from China, India, South Korea, Japan and Taiwan. Factors such as increasing disposable income coupled with growing consumer awareness regarding technological advancements are projected to further fuel regional growth during the estimated period.
The Asia Pacific region is home to some of the major smartphone manufacturers including Samsung Electronics Co., Ltd., BBK electronics (Includes brands like Oppo, Realme), Xiaomi Corporation and Vivo Mobile Communication Co., Ltd among others. These companies have been focusing on developing premium products by integrating advanced technologies such as Artificial Intelligence (AI) into their devices which has led them towards adopting LED lighting solutions for their retail stores across China thereby boosting regional product demand over the forecast period.
Growth Factors:
- Sapphire substrates have a high thermal conductivity, which makes them an ideal material for LED applications.
- Sapphire substrates are available in a variety of sizes and thicknesses, making them suitable for a wide range of LED applications.
- Sapphire substrates have excellent optical properties, which makes them an ideal material for LEDs.
- The availability of sapphire substrates in different colors allows manufacturers to create LEDs with any color they desire. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Sapphire Substrates for LED Market Research Report
By Type
2 Inches Sapphire Substrates for LED, 4 Inches Sapphire Substrates for LED, 6 Inches Sapphire Substrates for LED, Others
By Application
Tablets, Mobile Phones, Other
By Companies
Krocera, Saint-Gobain, Crystalwise, Tera Xtal Techonlogy, Wafer Works Corp, Procrystal Technology, Crystal Applied Technology, Hansol Technics, Rubicon Technology
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Sapphire Substrates for LED Market Report Segments:
The global Sapphire Substrates for LED market is segmented on the basis of:
Types
2 Inches Sapphire Substrates for LED, 4 Inches Sapphire Substrates for LED, 6 Inches Sapphire Substrates for LED, Others
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
Tablets, Mobile Phones, 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:
- Krocera
- Saint-Gobain
- Crystalwise
- Tera Xtal Techonlogy
- Wafer Works Corp
- Procrystal Technology
- Crystal Applied Technology
- Hansol Technics
- Rubicon Technology
Highlights of The Sapphire Substrates for LED 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:
- 2 Inches Sapphire Substrates for LED
- 4 Inches Sapphire Substrates for LED
- 6 Inches Sapphire Substrates for LED
- Others
- By Application:
- Tablets
- Mobile Phones
- 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 Substrates for LED 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.
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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 substrates are used in LED lighting products to improve light output and reliability. They are also known for their high transparency and low reflectivity, which allows more light to pass through them and be directed where it is needed.
Some of the key players operating in the sapphire substrates for led market are Krocera, Saint-Gobain, Crystalwise, Tera Xtal Techonlogy, Wafer Works Corp, Procrystal Technology, Crystal Applied Technology, Hansol Technics, Rubicon Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sapphire Substrates for LED 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 Substrates for LED Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sapphire Substrates for LED 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 Substrates for LED 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 Substrates for LED Market Size & Forecast, 2018-2028
4.5.1 Sapphire Substrates for LED Market Size and Y-o-Y Growth
4.5.2 Sapphire Substrates for LED Market Absolute $ Opportunity
Chapter 5 Global Sapphire Substrates for LED 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 Sapphire Substrates for LED Market Size Forecast by Type
5.2.1 2 Inches Sapphire Substrates for LED
5.2.2 4 Inches Sapphire Substrates for LED
5.2.3 6 Inches Sapphire Substrates for LED
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sapphire Substrates for LED 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 Sapphire Substrates for LED Market Size Forecast by Applications
6.2.1 Tablets
6.2.2 Mobile Phones
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sapphire Substrates for LED 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 Substrates for LED 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 Sapphire Substrates for LED Analysis and Forecast
9.1 Introduction
9.2 North America Sapphire Substrates for LED 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 Sapphire Substrates for LED Market Size Forecast by Type
9.6.1 2 Inches Sapphire Substrates for LED
9.6.2 4 Inches Sapphire Substrates for LED
9.6.3 6 Inches Sapphire Substrates for LED
9.6.4 Others
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 Sapphire Substrates for LED Market Size Forecast by Applications
9.10.1 Tablets
9.10.2 Mobile Phones
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 Sapphire Substrates for LED Analysis and Forecast
10.1 Introduction
10.2 Europe Sapphire Substrates for LED 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 Sapphire Substrates for LED Market Size Forecast by Type
10.6.1 2 Inches Sapphire Substrates for LED
10.6.2 4 Inches Sapphire Substrates for LED
10.6.3 6 Inches Sapphire Substrates for LED
10.6.4 Others
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 Sapphire Substrates for LED Market Size Forecast by Applications
10.10.1 Tablets
10.10.2 Mobile Phones
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 Sapphire Substrates for LED Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sapphire Substrates for LED 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 Sapphire Substrates for LED Market Size Forecast by Type
11.6.1 2 Inches Sapphire Substrates for LED
11.6.2 4 Inches Sapphire Substrates for LED
11.6.3 6 Inches Sapphire Substrates for LED
11.6.4 Others
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 Sapphire Substrates for LED Market Size Forecast by Applications
11.10.1 Tablets
11.10.2 Mobile Phones
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 Sapphire Substrates for LED Analysis and Forecast
12.1 Introduction
12.2 Latin America Sapphire Substrates for LED 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 Sapphire Substrates for LED Market Size Forecast by Type
12.6.1 2 Inches Sapphire Substrates for LED
12.6.2 4 Inches Sapphire Substrates for LED
12.6.3 6 Inches Sapphire Substrates for LED
12.6.4 Others
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 Sapphire Substrates for LED Market Size Forecast by Applications
12.10.1 Tablets
12.10.2 Mobile Phones
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) Sapphire Substrates for LED Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sapphire Substrates for LED 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) Sapphire Substrates for LED Market Size Forecast by Type
13.6.1 2 Inches Sapphire Substrates for LED
13.6.2 4 Inches Sapphire Substrates for LED
13.6.3 6 Inches Sapphire Substrates for LED
13.6.4 Others
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) Sapphire Substrates for LED Market Size Forecast by Applications
13.10.1 Tablets
13.10.2 Mobile Phones
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 Substrates for LED Market: Competitive Dashboard
14.2 Global Sapphire Substrates for LED Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Krocera
14.3.2 Saint-Gobain
14.3.3 Crystalwise
14.3.4 Tera Xtal Techonlogy
14.3.5 Wafer Works Corp
14.3.6 Procrystal Technology
14.3.7 Crystal Applied Technology
14.3.8 Hansol Technics
14.3.9 Rubicon Technology
