PUBLISHER: BCC Research | PRODUCT CODE: 1130687
PUBLISHER: BCC Research | PRODUCT CODE: 1130687
The global synthetic sapphire market should reach $5.9 billion by 2022 and more than $8.2 billion by 2027, with a compound annual growth rate (CAGR) of 6.6% during the forecast period of 2022-2027.
Asia-Pacific synthetic sapphire market should reach $2.4 billion by 2022 and more than $3.5 billion by 2027, with a CAGR of 7.7% during the forecast period of 2022-2027.
North American synthetic sapphire market should reach $1.5 billion by 2022 and more than $2.1 billion by 2027, with a CAGR of 6.6% during the forecast period of 2022-2027.
This report will cover the synthetic sapphire industry. Definitive and detailed estimates and forecasts of the global market are provided, followed by a detailed analysis of the regions and applications. Furthermore, the ongoing market trends, market growth drivers and challenges impeding the market are discussed.
Market size and estimations will be provided in terms of revenue considering 2021 as base year and market forecasts will be given from 2022-2027. The market size for regional (regions by end use) and country-level (countries by end use) will also be covered. The impact of COVID-19 was also considered while deriving market estimations.
Global markets, synthetic sapphire segments and growth forecasts through 2027 are offered. Sales value estimates are based on prices in the supply chain. Market-driving forces and industry structure are examined. International aspects are analyzed for all global regions and profiles of major global manufacturers are presented.
This report considers the impact of COVID-19. In 2020, the growth rate of manufacturing industries around the world was severely affected by the pandemic. The COVID-19 pandemic halted progress in every regional economy. Various governments around the world are taking necessary measures to contain the economic slowdown.
The synthetic sapphire market is further segmented by application: optical, sapphire substrates, display and others. By end use, the market is segmented into LED manufacturing, semiconductor, consumer electronics, medical devices, military/ aerospace, industrial and others.
This report is an analytical business tool, the primary purpose, of which, is to describe the synthetic sapphire industry and the global market. While both industrial and consumer (i.e., jewelry) applications are covered, the report analyzes the industrial market for synthetic sapphire in greater detail. The industrial market, in general, is more clearly defined than the jewelry market and offers greater data availability and quality. Nevertheless, the non-industrial uses of synthetic sapphire (i.e., in jewelry) are also analyzed, although, generally, in less detail than synthetic sapphire in industrial applications.
The study does not cover -
Figure A : Synthetic Sapphire Properties
Figure B : Data Source
Figure C : Synthetic Sapphire Segments
Figure D : Synthetic Sapphire Products
Figure E : LED Structure