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Sapphire Technology Market Estimated to Reach $3.01 Billion by 2020 – New Report by MarketsandMarkets
Date:7/25/2014

lectronics, and LED industry. Sapphire Technology Market is the one that will be the captivating essentials for new entrants as well as winning opportunities for the established players.

The Global Sapphire market in Semiconductors has created a new revenue stream in the electronics industry, having APAC as the crown holder of sapphire ecosystem. The major reason behind the boom is the effective cost structure of the material that has grabbed the attention of electronic product and device manufacturers. With the innovation of Silicon on Sapphire Substrate (SOS), the growth of the LED industry has reached its peak. LED industry has the major share in the sapphire ecosystem and new developments have unlocked the doors for the new entrants.

This report describes the market trends, drivers, and challenges with respect to the Sapphire Technology Market and forecasts the market to 2020. This global report gives a detailed view of the market across geographies - Americas (North America and South America), Europe (U.K., Germany, and others), the Asia-Pacific (China, Japan, Korea, Taiwan, and others), and ROW (Middle East and others). Asia-Pacific is the largest geography in terms of the Sapphire Technology Market value. Americas has been identified as the fastest growing region, with U.S leading the way. Europe also has a very promising market with Germany and the U.K. while the ROW also impetus to the growth. The report profiles more than 10 promising players in the Sapphire Technology Market ecosystem.

The major drift in the sapphire industry took place when Apple Inc. (U.S.) signed a contract with GT Advanced Technologies (U.S.) worth 578 Million USD, where it was decided that GT Advanced Technologies (U.S.) would manufacture sapphire display cover and camera lens cover for Apple’s products. GT Advanced Technologies (U.S.) serves the Global Sapphire market in Semiconductors with its innovative products and developments. The company has its major f
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