Sapphire Compound Substrate Market, by Application (Light-emitting diodes, Laser Diodes, Infrared, Silicon on Sapphire Integrated Circuit, Radio Frequency Integrated Circuit, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

  • To Be Published : Aug 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Sapphire substrates offer resistance to thermal shock, high temperature, sand and water erosion, excellent electrical insulation, and small dielectric loss. They are most suitable for epitaxial growth of compound semiconductors and superconductor, dielectrics, and others.

Drivers and Restraints

Increasing demand for sapphire compound substrate in LED and mobile device application is expected to fuel growth of the sapphire compound substrate market. According to Coherent Market Insights’ analysis, the global LED lighting market is projected to reach over US$ 120 billion by 2025, exhibiting a CAGR of 16.61% over the forecast period.

Furthermore, according to the Internet World Stats, in China, number of internet users in 2015 was 705.9 million and it increased to 721.4 million in 2016.

Market Trends

Among application, the LED sapphire substrate segment is expected to witness significant growth in the global sapphire compound substrate market and is expected to retain dominant position over the forecast period. Key market players are focused on expanding their LED sapphire substrate capacities, owing to increasing demand for LED tubes and bulbs. For instance, in August 2017, Lanjing Technology, a China-based LED chip supplier, signed an agreement with People’s Government of Hongta District, to ramp up the capacity for LED sapphire substrate manufacturing.

Market Outlook               

The market in Asia Pacific is expected to witness significant growth in terms of value and is expected to retain dominant position over the forecast period, owing to growing electronics market in emerging economies such as India and China. According to India Brand Equity Foundation (IBEF), the electronics market is anticipated to increase with a CAGR of 24.4% to US$ 400 billion by 2020.

Key Trends

Key players are focused on adopting various inorganic growth strategies such as mergers and acquisitions, joint ventures, partnerships, marketing, and new product launches to strengthen their foothold in the global sapphire compound substrate market. For instance, in April 2012, LED sapphire substrate unit of Sino-American Silicon Products Inc. (SAS), merged with Crystalwide Technology Inc., to improve operating performance and to enhance overall competitiveness.

Market Players

Key players operating in the global sapphire compound substrate market include, Rubicon Technology, Inc., Meller Optics, Inc., Kyocera Corporation, Crystalwise Technology Inc., Compagnie de Saint-Gobain S.A., and Monocrystal PLC

Sapphire Compound Substrate Market Taxonomy

On the basis of application, the sapphire compound substrate market is segmented into:

  • Light-emitting diode (LED)
  • Laser Diodes
  • Infrared (IR)
  • Silicon on Sapphire Integrated Circuit (SOS)
  • Radio Frequency Integrated Circuit (RFIC)
  • Others (Window Films and others)

On the basis of region, the sapphire compound substrate market is segmented into:

  • North America
    • U.S.
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • U.K.
    • Germany
    • Italy
    • France
    • Russia
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Middle East
    • GCC
    • Rest of Middle East
  • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.