Sapphire Glass Market Size, Share, Trends and Forecast 2030, by Types (High-purity Sapphire Glass, General-purpose Sapphire Glass, Sapphire Glass with Patterned Surface) by Applications (Smartphones and Tablets, Consumer Electronics, Industrial Instruments, Aerospace and Defense, Medical Devices)

Report ID :
1810

Publisher ID :
theinsightbridge

Published :
2023-05-26

Pages :
150

Purchase Option
$4500

Sapphire Glass Market Introduction 

Sapphire glass, also known as synthetic sapphire, is a type of crystalline material made from aluminum oxide. It is a high-performance material with excellent optical, mechanical, and thermal properties. Sapphire glass is widely used in various applications, including smartphones, watches, camera lenses, touchscreens, LEDs, and aerospace components.Sapphire glass is an extremely hard and durable material, with a high scratch resistance and toughness, making it an ideal material for use in applications that require high durability and wear resistance. Sapphire glass is also highly transparent, with a high refractive index, making it an excellent material for use in optical applications such as camera lenses, LEDs, and lasers.Sapphire glass is produced using various manufacturing techniques such as the Verneuil process, Czochralski process, and edge-defined film-fed growth (EFG) process. The demand for sapphire glass is increasing due to its superior properties and increasing demand for high-performance materials in various industries.The sapphire glass market is expected to grow in the coming years, driven by factors such as increasing demand for sapphire glass in smartphone and watch applications, growing demand for LEDs and laser applications, and increasing adoption of sapphire glass in aerospace and defense applications.

Sapphire Glass Market  Size

According to market research reports, the global sapphire glass market size was valued at USD 1.5 billion in 2020 and is expected to reach USD 2.9 billion by 2028, growing at a CAGR of 8.3% from 2021 to 2028. The increasing demand for sapphire glass in various applications, including smartphones, watches, camera lenses, touchscreens, LEDs, and aerospace components, is driving the growth of the market.The market for sapphire glass is expected to grow in the coming years due to the increasing demand for high-performance materials with superior properties such as high durability, wear resistance, and scratch resistance. The demand for sapphire glass is also driven by the increasing adoption of sapphire glass in various applications such as smartphones, smartwatches, and camera lenses, where the material is used to protect the screens and lenses from scratches and damage.Regionally, Asia Pacific is expected to be the largest and fastest-growing market for sapphire glass, driven by the increasing demand for smartphones, smartwatches, and other electronic devices in countries such as China, India, Japan, and South Korea. North America and Europe are also expected to be significant markets for sapphire glass, driven by the increasing adoption of sapphire glass in aerospace and defense applications.Overall, the sapphire glass market is expected to continue to grow in the coming years, driven by the increasing demand for high-performance materials in various industries and the superior properties of sapphire glass that make it an ideal material for use in various applications.

Sapphire Glass Market  Share

The sapphire glass market is highly competitive, with a few key players accounting for a significant share of the market. Some of the major players operating in the sapphire glass market include Rubicon Technology, Inc., GT Advanced Technologies, Saint-Gobain S.A., Monocrystal Inc., Schott AG, Precision Sapphire Technologies Ltd., Crystalwise Technology Inc., Swiss Jewel Company, Rayotek Scientific Inc., and Namiki Precision Jewel Co., Ltd.According to market research reports, in 2020, the Asia Pacific region accounted for the largest share of the sapphire glass market, followed by North America and Europe. The increasing demand for sapphire glass in various applications, including smartphones, watches, camera lenses, touchscreens, LEDs, and aerospace components, is driving the growth of the market in the Asia Pacific region.Among the different applications of sapphire glass, the LED segment is expected to hold the largest share of the market due to the increasing demand for sapphire glass in the production of LEDs. The demand for sapphire glass in the smartphone and watch segments is also expected to grow significantly in the coming years, driven by the increasing adoption of sapphire glass as a screen and lens protector in these devices.In terms of manufacturing process, the Verneuil process is expected to hold the largest share of the market, followed by the Czochralski process and edge-defined film-fed growth (EFG) process. The Verneuil process is the most widely used process for the production of sapphire glass due to its cost-effectiveness and the ability to produce high-quality sapphire crystals.Overall, the sapphire glass market is expected to continue to grow in the coming years, driven by the increasing demand for high-performance materials in various industries and the superior properties of sapphire glass that make it an ideal material for use in various applications.

Sapphire Glass Market  Trends

Some of the key trends driving the sapphire glass market include:

  1. Increasing use in smartphones and wearables: Sapphire glass is increasingly being used in smartphones and wearables to protect the screens from scratches and damage. With the increasing adoption of smartphones and wearables, the demand for sapphire glass is expected to grow significantly in the coming years.
  2. Growing demand for LEDs: The demand for sapphire glass in the LED industry is growing due to its superior properties such as high thermal conductivity, high light transmission, and high durability. With the increasing demand for energy-efficient lighting solutions, the demand for sapphire glass in the LED industry is expected to continue to grow.
  3. Advancements in manufacturing techniques: The development of new manufacturing techniques, such as the Kyropoulos method and the heat exchanger method, is expected to increase the efficiency and reduce the cost of sapphire glass production. This is expected to drive the growth of the sapphire glass market in the coming years.
  4. Increasing use in aerospace and defense: Sapphire glass is increasingly being used in aerospace and defense applications due to its superior properties such as high durability, wear resistance, and scratch resistance. With the increasing adoption of sapphire glass in these applications, the demand for the material is expected to grow in the coming years.
  5. Growing focus on sustainability: The sapphire glass market is seeing a growing focus on sustainability, with companies focusing on the use of eco-friendly production processes and the recycling of sapphire glass waste. This trend is expected to continue to drive the growth of the market in the coming years.

Sapphire Glass Market Driving factors

The sapphire glass market is driven by several factors, including:

  1. Superior Properties: Sapphire glass has superior properties such as high hardness, high thermal conductivity, high scratch resistance, and high chemical resistance. These properties make sapphire glass an ideal material for use in various applications such as smartphones, watches, camera lenses, touchscreens, LEDs, and aerospace components.
  2. Increasing demand for high-performance materials: With the increasing demand for high-performance materials in various industries, the demand for sapphire glass is expected to grow significantly in the coming years. Sapphire glass offers high performance and durability, making it an ideal material for use in various applications.
  3. Growing demand for smartphones and wearables: The growing adoption of smartphones and wearables is driving the demand for sapphire glass. Sapphire glass is used in these devices to protect the screens from scratches and damage.
  4. Increasing demand for LEDs: The increasing demand for energy-efficient lighting solutions is driving the demand for sapphire glass in the LED industry. Sapphire glass is used in the production of LEDs due to its superior properties such as high thermal conductivity, high light transmission, and high durability.
  5. Advancements in manufacturing techniques: The development of new manufacturing techniques such as the Kyropoulos method and the heat exchanger method is expected to increase the efficiency and reduce the cost of sapphire glass production. This is expected to drive the growth of the sapphire glass market in the coming years.
  6. Increasing use in aerospace and defense: Sapphire glass is increasingly being used in aerospace and defense applications due to its superior properties such as high durability, wear resistance, and scratch resistance. With the increasing adoption of sapphire glass in these applications, the demand for the material is expected to grow in the coming years.

Overall, the superior properties of sapphire glass and its increasing adoption in various applications are the key driving factors for the growth of the sapphire glass market.

Sapphire Glass Market  Reginal Analysis

The sapphire glass market is growing rapidly worldwide, with key regions including North America, Europe, Asia-Pacific, and Rest of the World.

  1. North America: The North American region is expected to hold a significant share of the sapphire glass market, driven by the increasing demand for sapphire glass in the smartphone and wearables industry. The region is also seeing growing adoption of sapphire glass in aerospace and defense applications.
  2. Europe: Europe is another significant market for sapphire glass, with the growing adoption of sapphire glass in the automotive industry. The region is also seeing growing demand for sapphire glass in the LED industry.
  3. Asia-Pacific: The Asia-Pacific region is expected to witness significant growth in the sapphire glass market, driven by the increasing demand for smartphones and wearables in countries such as China, India, and Japan. The region is also seeing growing adoption of sapphire glass in the LED industry and other applications such as medical devices and optical components.
  4. Rest of the World: The Rest of the World region, which includes countries in Latin America, the Middle East, and Africa, is also expected to witness significant growth in the sapphire glass market. The region is seeing increasing adoption of sapphire glass in the aerospace and defense industry, as well as in other applications such as smartphones, wearables, and medical devices.

Overall, the sapphire glass market is seeing significant growth across all regions, driven by the increasing demand for high-performance materials and the growing adoption of sapphire glass in various applications.

Sapphire Glass Market  Forecasts 2030

The sapphire glass market is expected to continue to grow steadily in the coming years, with a CAGR of around 7% from 2021 to 2030. By 2030, the global sapphire glass market is expected to reach a value of around USD 2.5 billion.The growing adoption of sapphire glass in various applications such as smartphones, wearables, LEDs, and aerospace components is expected to drive the growth of the market in the coming years. The increasing demand for energy-efficient lighting solutions and the growing adoption of sapphire glass in the automotive industry are also expected to contribute to the growth of the market.Asia-Pacific is expected to be the largest market for sapphire glass by 2030, driven by the increasing demand for smartphones and wearables in countries such as China, India, and Japan. North America and Europe are also expected to hold significant shares of the market, driven by the growing adoption of sapphire glass in the smartphone and wearables industry and the automotive industry, respectively.In terms of application, the smartphone and wearables segment is expected to continue to be the largest application segment for sapphire glass, driven by the increasing adoption of sapphire glass in these devices to protect the screens from scratches and damage. The LED segment is also expected to witness significant growth in the coming years, driven by the increasing demand for energy-efficient lighting solutions.Overall, the sapphire glass market is expected to witness steady growth in the coming years, driven by the increasing adoption of sapphire glass in various applications and the development of new manufacturing techniques that are expected to increase the efficiency and reduce the cost of sapphire glass production.

Sapphire Glass Market Key Industry Players

Some of the key players operating in the sapphire glass market include:

  1. Rubicon Technology: Rubicon Technology is a leading manufacturer of sapphire substrates and products for the LED, semiconductor, and optical industries.
  2. Monocrystal: Monocrystal is a global leader in the production of sapphire products for the LED, semiconductor, and consumer electronics industries.
  3. SCHOTT AG: SCHOTT AG is a German-based company that produces a wide range of specialty glass products, including sapphire glass for various applications.
  4. Saint-Gobain: Saint-Gobain is a French multinational corporation that produces a wide range of construction and high-performance materials, including sapphire glass for various applications.
  5. Crystalwise Technology: Crystalwise Technology is a Taiwan-based company that produces sapphire substrates and products for the LED, semiconductor, and consumer electronics industries.
  6. Precision Sapphire Technologies: Precision Sapphire Technologies is a US-based company that produces sapphire products for various applications, including aerospace and defense, medical devices, and optical components.
  7. Rayotek Scientific: Rayotek Scientific is a US-based company that produces sapphire windows and products for various industries, including aerospace and defense, medical devices, and scientific research.

Overall, these key players are driving innovation in the sapphire glass market by investing in research and development of new manufacturing techniques, expanding their product portfolios, and partnering with other companies to develop new applications for sapphire glass.

n/a

n/a

n/a

Our Clients