Global Sapphire Market Growth 2023-2029

Global Sapphire Market Growth 2023-2029

Sapphire glass is kind of sapphire materials which is not only with hardest, most durable and scratch-resistant advantages but also offers a broad transmission range from UV to mid-infrared wavelengths (250 – 5,000 nm). These products are mainly used for consumer electronics, military products and other fields.

LPI (LP Information)' newest research report, the “Sapphire Industry Forecast” looks at past sales and reviews total world Sapphire sales in 2022, providing a comprehensive analysis by region and market sector of projected Sapphire sales for 2023 through 2029. With Sapphire sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sapphire industry.

This Insight Report provides a comprehensive analysis of the global Sapphire landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sapphire portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sapphire market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sapphire and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sapphire.

The global Sapphire market size is projected to grow from US$ 722.9 million in 2022 to US$ 1421.8 million in 2029; it is expected to grow at a CAGR of 1421.8 from 2023 to 2029.

HC Semitek is one of the most important global key manufacturers of sapphire, holds a share of about 20%, other key players include Lens, etc. Asia-Pacific is the largest market, occupied for over 80 percent, followed by Europe and North America. In terms of type, general transparency is the largest segment, with a share of over 70%, and in terms of application, the optical window segment holds a share of over 70 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Sapphire market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
High Grade Transparency Sapphire
General Transparency Sapphire

Segmentation by application
LED
Optical Window
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Rubicon Technology
Monocrystal
Adamant Namiki Precision Jewel
Kyocera
Saint-Gobain
SCHOTT
Precision Sapphire Technologies
TDG
JSG
Lens
HC Semitek
Silian
Crystalwise
Harbin Aurora Optoelectronics Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Sapphire market?

What factors are driving Sapphire market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Sapphire market opportunities vary by end market size?

How does Sapphire break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.