Asia Pacific Sapphire Substrate Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Wafer Diameter (2 Inches, 4 Inches, 6 Inches, and Others) and Application [LED, RFIC Application, Laser Diode, Silicon on Sapphire (SoS) IC, and Others]

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The sapphire substrate market in Asia Pacific is expected to grow from US$ 329.47 million in 2021 to US$ 496.07 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028.

Sapphire substrate is largely used in the consumer electronics industry. Therefore, the rising demand for consumer electronics creates lucrative opportunities for the sapphire substrate market. In LED application, colored sapphire wafers can lead to negative effects. Thus, market players are focusing on developing colorless sapphire wafers for LEDs. The use of rich-quality colorless sapphire helps LED manufacturers manage cost and improve product quality. Thus, the manufacturers increasingly adopt colorless sapphire substrate, which is expected to bring new growth opportunities for the sapphire substrate market during the forecast period. Further, the rising mining activities of large crystals in various countries would boost the production of sapphire, which integrates with existing semiconductor manufacturing processes, resulting in the overall cost reduction for sapphire substrate. As the industry will keep on shifting toward mining at a larger scale, the production cost will reduce and expand the range of sapphire applications having lesser impact of gemstones and its parameters on overall sapphire substrate market.

By launching new features and technologies, vendors in the Asia Pacific sapphire substrate market can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the market at a substantial CAGR during the forecast period.

Asia Pacific Sapphire Substrate Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Sapphire Substrate Market Segmentation

The Asia Pacific sapphire substrate market is segmented on the basis of wafer diameter, application, and country. Based on wafer diameter, the market is segmented into 2 inches, 4 inches, 6 inches, and others. In 2021, the 4 inches segment held a larger share of the market. And 6 inches is expected to register a higher CAGR during the forecast period. Based on application, the Asia Pacific sapphire substrate market is segmented into LED, RFIC application, laser diode, silicon on sapphire (SOS) IC, and others. The LED segment held the largest market share in 2021 and it is also expected to register the highest CAGR in the market during the forecast period. Based on country, the Asia Pacific sapphire substrate market is segmented into Taiwan, China, India, Japan, South Korea, and Rest of APAC. In 2021, China held a larger market share. On the other side, and it is also expected to register a higher CAGR during the forecast period.

Semiconductor Wafer Inc; ILJIN DISPLAY CO., LTD; CRYSCORE OPTOELECTRONIC LIMITED; CRYSTALWISE TECHNOLOGY INC.; SAINT GOBAIN S.A.; KYOCERA Corporation; and Monocrystal are among the leading companies in the Asia Pacific sapphire substrate market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific sapphire substrate market.
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The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific sapphire substrate market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the sapphire substrate market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: BMIRE00026161

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Asia Pacific Sapphire Substrate Market Landscape

4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Asia Pacific Sapphire Substrate Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Widening Uptake of Silicon-on-Sapphire Microelectronic Circuits
- 5.1.2 Raising Demand for Sapphire Substrate in LED Applications
5.2 Market Restraints
- 5.2.1 Fabrication of High Resolution in Sapphire Nanostructures
5.3 Market Opportunities
- 5.3.1 Upraising Adoption of Sapphire Technology in Various Devices and Applications Across Electronics Industry
5.4 Future Trends
- 5.4.1 Boosting Trend of Using Large LEDs
5.5 Impact Analysis of Drivers and Restraints

6. Asia Pacific Sapphire Substrate Market Analysis

6.1 Asia Pacific Sapphire Substrate Market Overview
6.2 Asia Pacific Sapphire Substrate Market Revenue and Forecast to 2028 (US$ Million)

7. Asia Pacific Sapphire Substrate Market Analysis - By Wafer Diameter

7.1 Overview
7.2 Asia Pacific Sapphire Substrate Market, by Wafer Diameter
7.3 2 Inches
- 7.3.1 Overview
- 7.3.2 2 Inches: Sapphire Substrate Market - Revenue, and Forecast to 2028 (US$ Million)
7.4 4 Inches
- 7.4.1 Overview
- 7.4.2 4 Inches: Sapphire Substrate Market - Revenue, and Forecast to 2028 (US$ Million)
7.5 6 Inches
- 7.5.1 Overview
- 7.5.2 6 Inches: Sapphire Substrate Market - Revenue, and Forecast to 2028 (US$ Million)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Sapphire Substrate Market - Revenue, and Forecast to 2028 (US$ Million)

8. Asia Pacific Sapphire Substrate Market Analysis - By Application

8.1 Overview
8.2 Asia Pacific Sapphire Substrate Market, by Application
8.3 LED
- 8.3.1 Overview
- 8.3.2 LED: Sapphire Substrate Market - Revenue, and Forecast to 2028 (US$ Million)
8.4 RFIC Application
- 8.4.1 Overview
- 8.4.2 RFIC Application: Sapphire Substrate Market - Revenue, and Forecast to 2028 (US$ Million)
8.5 Laser Diode
- 8.5.1 Overview
- 8.5.2 Laser Diode: Sapphire Substrate Market - Revenue, and Forecast to 2028 (US$ Million)
8.6 Silicon On Sapphire (SOS) IC
- 8.6.1 Overview
- 8.6.2 Silicon On Sapphire (SOS) IC: Sapphire Substrate Market - Revenue, and Forecast to 2028 (US$ Million)
8.7 Others
- 8.7.1 Overview
- 8.7.2 Others: Sapphire Substrate Market - Revenue, and Forecast to 2028 (US$ Million)

9. Asia Pacific Sapphire Substrate Market - Country Analysis

9.1 Overview
- 9.1.1 Asia Pacific: Sapphire Substrate Market, by Key Country
  - 9.1.1.1 Taiwan: Sapphire Substrate Market - Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.1.1 Taiwan: Sapphire Substrate Market, by Wafer Diameter
    - 9.1.1.1.2 Taiwan: Sapphire Substrate Market, by Application
  - 9.1.1.2 China: Sapphire Substrate Market - Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.2.1 China: Sapphire Substrate Market, by Wafer Diameter
    - 9.1.1.2.2 China: Sapphire Substrate Market, by Application
  - 9.1.1.3 India: Sapphire Substrate Market - Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.3.1 India: Sapphire Substrate Market, by Wafer Diameter
    - 9.1.1.3.2 India: Sapphire Substrate Market, by Application
  - 9.1.1.4 Japan: Sapphire Substrate Market - Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.4.1 Japan: Sapphire Substrate Market, by Wafer Diameter
    - 9.1.1.4.2 Japan: Sapphire Substrate Market, by Application
  - 9.1.1.5 South Korea: Sapphire Substrate Market - Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.5.1 South Korea: Sapphire Substrate Market, by Wafer Diameter
    - 9.1.1.5.2 South Korea: Sapphire Substrate Market, by Application
  - 9.1.1.6 Rest of Asia Pacific: Sapphire Substrate Market - Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.6.1 Rest of Asia Pacific: Sapphire Substrate Market, by Wafer Diameter
    - 9.1.1.6.2 Rest of Asia Pacific: Sapphire Substrate Market, by Application

10. Industry Landscape

10.1 Overview
10.2 Market Initiative

11. Company Profiles

11.1 ILJIN DISPLAY CO., LTD
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 KYOCERA Corporation
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Monocrystal
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 CRYSCORE OPTOELECTRONIC LIMITED
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 SAINT GOBAIN S.A.
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 Semiconductor Wafer Inc
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
11.7 CRYSTALWISE TECHNOLOGY INC.
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments

12. Appendix

12.1 About The Insight Partners
12.2 Word Index