Product Code: AVM234A
Highlights:
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.
Report Scope:
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 -
- Simulant gemstones that have the appearance but not the properties of naturally-occurring gems.
- Other types of synthetic precious or semi-precious minerals (lapis lazuli, turquoise) that, because the structure is amorphous rather than crystalline, are not, strictly speaking, classifiable as gemstones.
- Synthetic versions of natural organic products that are sometimes grouped with gemstones and other precious or semi-precious minerals (coral, ivory).
Report Includes:
- 60 data tables and 33 additional tables
- A comprehensive overview of the global markets for synthetic sapphire industry
- Analyses of the global market trends, with market revenue data for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Coverage of the most important technological, economic, and environmental considerations in the synthetic sapphire industry
- Estimation of the actual market size and market forecast for synthetic sapphire, and corresponding market share analysis based on application, end user, and geographic region
- Latest information on key market drivers and opportunities, industry shifts and regulations, and other demographic factors that will influence this market demand in the coming years (2022-2027)
- Identification of the companies that are best positioned to meet this demand because of their proprietary technologies, strategic alliances, or other advantages
- Assessment of the underlying technological, environmental, legal/regulatory, and political trends that may influence the size and nature of the market
- Market assessment of the COVID-19 impact on the synthetic sapphire market, along with its implications on demand and supply, price impact and various government strategic decisions
- Company profiles of major players within the industry, including Adamant Namiki Precision Jewel Co. Ltd., Kyocera Corp., ON Semiconductor Corp., Saint-Gobain S.A. and Schott AG
Table of Contents
Chapter 1 Introduction
- 1.1 Overview
- 1.2 Study Goals and Objectives
- 1.3 Reasons for Doing This Study
- 1.4 Scope of This Report
- 1.5 Information Sources
- 1.6 Methodology
- 1.7 Intended Audience
- 1.8 Geographic Breakdown
- 1.9 Analyst's Credentials
- 1.10 BCC Custom Research
- 1.11 Related BCC Research Reports
Chapter 2 Summary and Highlights
- 2.1 Overview of the Synthetic Sapphire Industry
Chapter 3 Market Trends
- 3.1 Industry Landscape
- 3.2 Future Trends
- 3.2.1 Social Benefits of Sapphire Crystal
- 3.3 Growth Drivers
- 3.3.1 Expanding Electronics Industry
- 3.3.2 Semiconductor Industry
- 3.3.3 Aerospace and Defense
- 3.3.4 European Manufacturing
- 3.4 Restraints
- 3.4.1 High Cost of Material
- 3.4.2 Customization Requirements
- 3.4.3 Short Life Span Products
- 3.5 Key Market Growth Opportunities
- 3.5.1 Optics
- 3.5.2 Surging Pharmaceutical Industry
- 3.5.3 Regulatory Trends
- 3.6 Porter's Five Forces Analysis
- 3.6.1 Supplier Power
- 3.6.2 Buyer Power
- 3.6.3 Threat of New Entrants
- 3.6.4 Threat of Substitutes
- 3.6.5 Industry Rivalry
- 3.7 PESTLE Analysis
- 3.7.1 Political
- 3.7.2 Economic
- 3.7.3 Social
- 3.7.4 Technological
- 3.7.5 Legal
- 3.7.6 Environmental
Chapter 4 Technology Background
- 4.1 Overview
- 4.1.1 Features of Single Crystal Sapphire
- 4.1.2 Flame Fusion
- 4.1.3 Czochralski Sapphire
- 4.1.4 Bridgman Process
- 4.1.5 Edge-Defined Film-Fed Growth (EFG)
- 4.1.6 Shaped Crystal Growth, The Stepanov Method
- 4.1.7 Heat Exchanger Method
- 4.1.8 Gradient Solidification Method
- 4.1.9 GOI (Kyropoulos) Sapphire Crystal Growth
- 4.2 Substrate Material, LED Industry
- 4.3 Silicon on Sapphire Technology
- 4.4 Production Process
- 4.5 Raw Material Analysis
- 4.6 Advantages, Sapphire Windows
- 4.7 Patent Analysis
Chapter 5 Industry Value Chain, COVID-19 Impact and Pricing Analysis
- 5.1 Value Chain
- 5.2 Impact of COVID-19 on the Synthetic Sapphire Industry
- 5.3 Pricing Analysis
Chapter 6 Vendor Matrix
- 6.1 List of Vendors
- 6.2 Major Stakeholders
Chapter 7 Synthetic Gems and Crystals: Market Overview
- 7.1 Definition
- 7.2 Crystalline Substances
- 7.2.1 Types of Gemstones and Industrial Crystals
- 7.3 History of Synthetic Gems and Crystals
- 7.4 Rubies
- 7.5 Diamonds
- 7.6 Quartz
- 7.7 Mica
- 7.8 Garnet
- 7.9 Other Types of Synthetic Gemstones
- 7.9.1 Alexandrite
- 7.9.2 Amethyst
- 7.9.3 Emeralds
- 7.9.4 Spinel
- 7.10 Synthetic Gems and Industrial Crystals
- 7.11 Synthetic Gems and Industrial Crystals: Market Details
- 7.11.1 Diamonds
- 7.11.2 Rubies
- 7.11.3 Garnets
- 7.11.4 Other Gemstones
- 7.11.5 Quartz
- 7.11.6 Mica
Chapter 8 Market Breakdown by Application
- 8.1 Overview
- 8.1.1 Emerging Applications
- 8.1.2 Optical
- 8.2 Sapphire Substrates
- 8.3 Display
- 8.4 Others
Chapter 9 Market Breakdown by End Use
- 9.1 Overview
- 9.2 Light Emitting Diode (LED) Manufacturing
- 9.3 Semiconductors
- 9.4 Consumer Electronics
- 9.5 Medical Devices
- 9.6 Military and Aerospace
- 9.6.1 Defense
- 9.6.2 Missiles
- 9.7 Industrial
- 9.8 Others
Chapter 10 Market Breakdown by Region
- 10.1 Global Synthetic Sapphire Market
- 10.2 North America
- 10.2.1 United States
- 10.2.2 Canada
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 United Kingdom
- 10.3.3 France
- 10.3.4 Russia
- 10.3.5 Rest of Europe
- 10.4 Asia-Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Rest of Asia-Pacific
- 10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
- 10.6 Middle East and Africa
Chapter 11 Competitive Landscape
- 11.1 Overview
- 11.2 Company Market Shares
- 11.3 Major Mergers, Acquisitions and New Product Development
Chapter 12 Company Profiles
- AMERICAN ELEMENTS
- ADAMANT NAMIKI PRECISION JEWEL CO. LTD.
- CRYSTALWISE TECHNOLOGY INC.
- HANSOL TECHNICS CO. LTD.
- ILJIN DISPLAY CO. LTD.
- JUROPOL SP. Z O.O.
- KYOCERA CORP.
- MONOCRYSTAL INC.
- ON SEMICONDUCTOR CORP.
- RUBICON TECHNOLOGY INC.
- RAYOTEK SCIENTIFIC INC.
- SAINT-GOBAIN S.A.
- SCHOTT AG
Chapter 13 Appendix: Acronyms