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

ocus on the U.S. market and is trying to expand with a fierce competition from its peers such as Rubicon Technology (U.S.), Insaco Inc. (U.S.), and so on. Moreover, sapphire, specifically synthetic sapphire, has several exceptional properties that make it of interest to Apple. The attraction towards sapphire was due to many reasons such as,sapphire is superior to glass, even competing glass material, in several ways. Synthetic sapphire has no color, as it’s a single crystal grown to be optically transparent, making it look very similar to glass. But it’s also extremely hard as it has a nine on the Mohs scale,which means better scratch resistance. With GTAT’s new technology, it was possible to produce lighter, stronger, and optically transparent glass ideally fulfilling Apple’s requirements for its new products.

The countries in the Asia-Pacific region are considered to be the hub of electronics and semiconductors market that are driving the growth of sapphire. Sapphire used in power applications such as Radio Frequency Integrated Circuit (RFIC) and the (MMIC) are on the verge of being targeted by new entrants in this sector. The innovation took place when it was possible to make display cover and camera lens covers of smart phones. One of the premium examples is when Apple Inc. (U.S.) signed a contract with GT Advanced Technologies (U.S.) worth 578 Million USD at Arizona (U.S.), in which GT Advanced Technologies (U.S.) is manufacturing sapphire based display covers for Apple’s new products. This attracted a number of OEMs to diversify in this particular segment.

Aerospace and Defense Industry is the next approaching vertical where sapphire is generally used in the transparent armors and windows for military vehicles. The exceptional properties of sapphire as well as the transparent nature of this material have made it possible to use it in aircrafts and other military vehicle. The APAC countries are in the pre-mature level of sapphire industry wherea
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