The global sapphire semiconductor market will grow at a CAGR of more than 11% between 2016 and 2020.
Technavio has announced its latest market research report on sapphire semiconductors to its embedded systems portfolio. This market analysis discusses the major drivers and key emerging trends that will influence the growth of the global sapphire semiconductor market during the forecast period 2016-2020. Some of the top vendors listed in this industry analysis include Monocrystal, Namiki, Rigidtech, Aurora Opto, Crystalwise, Kyocera, Crystal Applied, Rubicon, Sapphire, and Hansol,
In terms of geographical analysis, APAC dominates the market and occupied around 81% of the overall market revenue during 2015. Much of the region’s growth is due to the presence of a number of semiconductor foundries such as TSMC, Samsung, and SMIC.
“Silicon on sapphire (SoS) RFICs are speedily replacing traditional GaAs chipsets in smartphones and other mobile devices. SoS RFIC chips offer high RF performance and low power consumption, which significantly reduces crosstalk in antenna applications with a small form factor. The sapphire substrate is highly insulating and leads to added advantages such a high speed, low power consumption, and better isolation. Also, the use of sapphire in SoS makes it more environment-friendly than GaAs‐based devices using arsenic materials,” says Chetan Mohan, a senior analyst at Technavio for research on embedded systems.
Click here to request a free sample of this report
The new industry research report from Technavio analyzes some of the key drivers and trends responsible for the growth of this market and its sub-segments.
High growth of LED market
Sapphire is a key substrate material used in manufacturing blue, green, white, and UV LEDS. With the huge surge in demand for LEDs in the high-demand and high-volume consumer electronics and general lighting industries, the market for sapphire semiconductors will rise considerably. LED technology is an energy-efficient lighting solution, which uses at least 75% less energy and lasts 25 times longer than incandescent bulbs. With the growing awareness of green technology, manufacturers have started focusing on energy-efficient and environment-friendly lights.
Increasing penetration of sapphire in smartphones and wearables
Owing to the increasing concerns about fragile screens of smartphones, more than 40% of end-users have expressed their preference for sapphire cover screens for their smartphones. Sapphire crystal provides benefits such as better scratch resistance and durability over reinforced glass. Sapphire is a highly durable material that resists cracking and scratching. Such requirements have prompted several wearables and smartphone brand owners to launch products with sapphire cover screens. The share of sapphire is increasing considerably in the cover screen market due to the anticipated increase in its availability at affordable costs.
Increasing use of sapphire in optical market
Sapphire semiconductors are being extensively used in markets such as sensors, lenses, and power devices owing to their high performance and cost benefits. In the optical segment, the transparency feature 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 benefits of using sapphire semiconductors in optics include robustness and resistance to damage from chemicals, heat, or physical abrasion.
Other prominent vendors in the sapphire semiconductor market include DK Aztec, Guangdong Saifei Sapphire Technology, Guizhou Haotian Optoelectronics Technology, Jiangsu Jeshine New Material, and Precision Micro-Optics.
This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. It provides a comprehensive analysis of the key companies, including their market shares, business overview, key financials, etc. The market study also offers a detailed analysis of key drivers, challenges, and opportunities influencing this market.
