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Global Sapphire Semiconductor Market 2016-2020

Global Sapphire Semiconductor Market 2016-2020

About Sapphires

Sapphire is a versatile material that is used in LEDs and consumer electronics. It is used in a wide range of end markets due to attributes such as durability, light transmission, chemical inertness, thermal insulation, hardness, and resistance to physical damage and chemical erosion.

Technavio’s analysts forecast the global sapphire semiconductor market to grow at a CAGR of 11.25% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global sapphire semiconductor market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of sapphire substrates for the LED, optical, and consumer electronics markets.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Sapphire Semiconductor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Aurora Opto
  • Crystal Applied Technology
  • Crystalwise Technology (CWT)
  • Hansol Technics
  • Kyocera
  • Monocrystal
  • Namiki Precision Jewel
  • Rigidtech Microelectronics
  • Rubicon Technology
  • Sapphire Technology
Other prominent vendors
  • DK Aztec
  • Guangdong Saifei Sapphire Technology
  • Guizhou Haotian Optoelectronics Technology
  • Jiangsu Jeshine New Material
  • Precision Micro-Optics
Market driver
  • Increasing penetration of sapphire in smartphones and wearables
  • For a full, detailed list, view our report
Market challenge
  • Oversupply in global LED market
  • For a full, detailed list, view our report
Market trend
  • Increasing penetration of sapphire in smartphones and wearables
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Sapphire Semiconductor Market 2016-2020

Technavio recognizes the following companies as the key players in the global sapphire semiconductor market: Aurora Opto, Crystal Applied Technology, Crystalwise Technology (CWT), Hansol Technics, Kyocera, Monocrystal, Namiki Precision Jewel, Rigidtech Microelectronics, Rubicon Technology and Sapphire Technology.

Other Prominent Vendors in the market are: DK Aztec, Guangdong Saifei Sapphire Technology, Guizhou Haotian Optoelectronics Technology, Jiangsu Jeshine New Material, and Precision Micro-Optics.

Commenting on the report, an analyst from Technavio’s team said: “Increasing use of sapphire in optical market will be a key driver for market growth. Sapphire semiconductors can be used in markets such as sensors, lenses, and power devices due to their high performance and cost advantages. In the optical segment, the transparency of sapphire semiconductors acts as an advantage. They can also be enhanced for the transmission in the infrared and ultraviolet regions as well as the visible spectrum. Other advantages include robustness and resistance to damage from chemicals, heat, or physical abrasion.”

According to the report, in 2015, Malaysia rolled out its LED lighting upgrade project to fully replace the conventional lighting systems with LED lighting systems. Many Malaysian states such as Selangor have made installation of LED lights compulsory in new buildings. The Malaysian government has planned to replace all streetlights in the country with LEDs by 2020. The Penang state government is also offering a tax-free incentive for 5-10 years to Chinese manufacturers for establishing factories in the state. This exponential increase in the adoption of LEDs around the globe will be a major driver for the sapphire semiconductor market during the forecast period.

Further, the report states that falling growth rate of smartphones will be a major challenge for market. Global smartphone shipments will grow at a low CAGR of around 10% till 2020. The slow growth rate can be attributed to the already matured smartphone market in China. However, the gradually falling average selling prices will propel steady market growth by 2020, with global shipments reaching approximately 2 billion units. China remained the center of the global smartphone market in 2015 despite the low adoption rate of smartphones compared with previous years.

Companies Mentioned

Aurora Opto, Crystal Applied Technology, Crystalwise Technology (CWT), Hansol Technics, Kyocera, Monocrystal, Namiki Precision Jewel, Rigidtech Microelectronics, Rubicon Technology Sapphire Technology, DK Aztec, Guangdong Saifei Sapphire Technology, Guizhou Haotian Optoelectronics Technology, Jiangsu Jeshine New Material, Precision Micro-Optics.

  • Executive summary
    • Highlights
  • Scope of the report
    • Definition
    • Base year and forecast period
    • Market overview
    • Market size computation
    • Market segmentation
      • Table Segmentation of global sapphire semiconductor market
    • Geographical coverage
      • Table Major countries covered
    • Vendor segmentation
    • Common currency conversion rates
      • Table Common currency conversion rates
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global sapphire semiconductor market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Global sapphire semiconductor market by application 2015-2020 (% share)
    • LEDs
      • Table Global sapphire semiconductor market by LED 2015-2020 ($ billions)
    • Optical segment
      • Table Global sapphire semiconductor market by optical market 2015-2020 ($ millions)
    • Consumer electronics
      • Table Global sapphire semiconductor market by consumer electronics 2015-2020 ($ millions)
      • Table Application of sapphire in Apple's consumer electronic products
  • Geographical segmentation
    • Global sapphire semiconductor market by geography 2015
      • Table Global sapphire semiconductor market by geography 2015
    • Global sapphire semiconductor market by geography 2020
      • Table Global sapphire semiconductor market by geography 2020
    • APAC
      • Table Sapphire semiconductor market in APAC 2015-2020 ($ billions)
    • North America
      • Table Sapphire semiconductor market in North America 2015-2020 ($ millions)
    • Europe
      • Table Sapphire semiconductor market in Europe 2015-2020 ($ millions)
    • RoW
      • Table Sapphire semiconductor market in RoW 2015-2020 ($ millions)
  • Key leading countries
    • Japan
    • China
    • Taiwan
    • South Korea
  • Summary of key figures
    • Table Application segments: Year-over-year revenue comparison ($ millions)
    • Table Geographical segments: Year-over-year revenue comparison ($ millions)
  • Market drivers
    • High growth of LED market
    • Increasing penetration of sapphire in smartphones and wearables
      • Table Smartphones and wearables sporting sapphire cover screens
    • Strong government initiatives for LEDs
      • Table Japan's 21st Century Lighting Plan
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Falling growth rate of smartphones
    • Oversupply in global LED market
    • Poor supply chain of sapphire
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Migration of LED manufacturers to 6 inch sapphire wafer substrates
    • Evolution of SoS
    • Increasing use of sapphire in optical market
  • Vendor landscape
    • Market share analysis 2015
      • Table Vendor market share analysis 2015
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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