Sapphire Ingot Market, by Grade (Ultraviolet Grade (UV), Infrared Grade (IR), by Application (Smart Phones, Smart Watches, and Tablets PCs), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

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

Sapphire ingot is used as raw material for further fabrication. It is a base material for growing epitaxial layers and etching blue and white LED chips. Manufactures of sapphire ingot offer optical grade sapphire ingot that including UV grade and IR grade. Standard sizes and orientations along with orientation offsets and orientation flats of the sapphire ingot are available in the market.

Market Dynamics

Increasing demand for sapphire ingot from smart watches and mobile covers are major factors driving growth of the global sapphire ingot market. Sapphire ingot is manufactured in bulk quantities with commercially acceptable purity levels. Therefore, it is preferred in the luxury watches industry for producing high strength and hardness of watch windows.

However, high manufacturing cost of sapphire ingot is major factor restraining the growth of the global sapphire ingot market.

Market Outlook

  • Among application, smart phones segment held a significant share in the global sapphire ingot market in 2017, owing to the high demand for sapphire ingot in front cover of smartphones. Further, rising number of smart phone users around the world is anticipated to fuel this segment growth, during the forecast period. For instance, according to the Australian Communications and Media Authority, in May 2012, number of smartphone owners in Australia was 8.67 million, an increase by 104% from the previous year.
  • Asia Pacific is expected to be the fastest growing region in the global sapphire ingot market over the forecast period. This is owing to increasing demand for LED screens in emerging economies such as China and India for application in various electronic products. For instance, according to India Brand Equity Foundation (IBEF), in India, The production of LED/ LCD TVs screen was valued at US$ 2.54 billion in 2015 and increased by US$ 3.3 billion in 2016. In the LED production process, sapphire is used as the substrate onto which the chemicals that become the emitting layer of the LED are deposited as a vapor. Furthermore, smartphones and tablet PCs manufacturers in the region are focused on developing products in thin sizes, which has led to increasing demand for thinner and more flexible displays. Therefore, key players are focused on introducing innovative technologies to cater to such demand. For instance, in 2016, Nitto Denko Company introduced Ultra-Thin Polarizers, which are thinner and more resistance to shrinkage and are applicable in LED, LCD, and organic electro luminance (EL) display devices.

Key Players

Key players operating in the global sapphire ingot market include, Rubicon, Crystal Systems, GTAT, Monocrystal PLC., Saint-Gobain Crystals, Crystal Q, Exiton, Aurora Optoelectronics, Trinity, Silian, Kyocera, and Namiki.

Market Taxonomy

On the basis of grade the global sapphire ingot market is segmented into:

  • Ultraviolet Grade (UV)
  • Infrared Grade (IR)

On the basis of application, the global sapphire ingot market is segmented into:

  • Smart Phones
  • Smart Watches
  • Tablet PCs

On the basis of region, the global sapphire ingot market is segmented into:

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

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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.
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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:

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  • Scientific journals, and other technical magazines and whitepapers.
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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
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Data Processing

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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

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