North America 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]
The sapphire substrate market in North America is expected to grow from US$ 141.28 million in 2021 to US$ 199.41 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.
Sapphire substrate is used in LEDs, laser diodes, and RFIC applications, with LED accounting for over ~90%. Sapphire substrate is suitable for LED applications due to its high strength, high-temperature resistance, low dielectric loss, and good electrical insulation. Also, it helps prevent LED lighting from stray currents, which are caused due to radiation from spreading to close circuit elements. The patterned sapphire substrate technology has become an effective way to improve the efficiency and reduce the cost of LEDs. Therefore, it is widely used in mid-power LEDs. The high demand for sapphire substrates in LED applications boosts the sapphire substrate market. Also, the rising use of general lightings propels the need for LEDs, which bolsters the market growth. Gavish, San’an Optoelectronics, Monocrystal, Silian, Crystalwise Technology, and Rubicon Technology are among the prominent producers of LED sapphire.
By launching new features and technologies, vendors in the North America 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.
North America Sapphire Substrate Market Revenue and Forecast to 2028 (US$ Million)North America Sapphire Substrate Market Revenue and Forecast to 2028 (US$ Million)
North America Sapphire Substrate Market Segmentation
The North America 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 the largest market share. However, the 6 inches segment is expected to register the highest CAGR during the forecast period. Based on application, the North America 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 is expected to register the highest CAGR in the market during the forecast period. Based on country, the North America sapphire substrate market is segmented into the US, Canada, and Mexico. In 2021, the US held the largest market share. The country is also expected to register the highest CAGR during the forecast period.
Meller Optics, Inc.; Rubicon Technology Inc.; Precision Micro-Optics Inc.; CRYSTALWISE TECHNOLOGY INC.; SAINT GOBAIN S.A.; KYOCERA Corporation; and Monocrystal are among the leading companies in the North America sapphire substrate market.
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- 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. North America Sapphire Substrate Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. North America Sapphire Substrate Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Broadening Uptake of Silicon-on-Sapphire Microelectronic Circuits
- 5.1.2 Heighten 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 Burgeoning Adoption of Sapphire Technology in Various Devices and Applications Across Electronics Industry
- 5.4 Future Trends
- 5.4.1 Raising Trend of Using Large LEDs
- 5.5 Impact Analysis of Drivers and Restraints
- 6. North America Sapphire Substrate Market Analysis
- 6.1 North America Sapphire Substrate Market Overview
- 6.2 North America Sapphire Substrate Market Revenue and Forecast to 2028 (US$ Million)
- 7. North America Sapphire Substrate Market Analysis – By Wafer Diameter
- 7.1 Overview
- 7.2 North America 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. North America Sapphire Substrate Market Analysis – By Application
- 8.1 Overview
- 8.2 North America 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. North America Sapphire Substrate Market – Country Analysis
- 9.1 Overview
- 9.1.1 North America: Sapphire Substrate Market, by Key Country
- 9.1.1.1 US: Sapphire Substrate Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.1.1 US: Sapphire Substrate Market, by Wafer Diameter
- 9.1.1.1.2 US: Sapphire Substrate Market, by Application
- 9.1.1.2 Canada: Sapphire Substrate Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.2.1 Canada: Sapphire Substrate Market, by Wafer Diameter
- 9.1.1.2.2 Canada: Sapphire Substrate Market, by Application
- 9.1.1.3 Mexico: Sapphire Substrate Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.3.1 Mexico: Sapphire Substrate Market, by Wafer Diameter
- 9.1.1.3.2 Mexico: Sapphire Substrate Market, by Application
- 10. Industry Landscape
- 10.1 Overview
- 10.2 Market Initiative
- 10.3 New Product Development
- 11. Company Profiles
- 11.1 KYOCERA Corporation
- 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 Meller Optics, Inc.
- 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 Rubicon Technology Inc.
- 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 Precision Micro-Optics Inc
- 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 SAINT GOBAIN S.A.
- 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
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Word Index
- LIST OF TABLES
- Table 1. North America Sapphire Substrate Market – Revenue and Forecast to 2028 (US$ Million)
- Table 2. US: Sapphire Substrate Market, by Wafer Diameter –Revenue and Forecast to 2028 (US$ Million)
- Table 3. US: Sapphire Substrate Market, by Application –Revenue and Forecast to 2028 (US$ Million)
- Table 4. Canada: Sapphire Substrate Market, by Wafer Diameter – Revenue and Forecast to 2028 (US$ Million)
- Table 5. Canada: Sapphire Substrate Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 6. Mexico: Sapphire Substrate Market, by Wafer Diameter – Revenue and Forecast to 2028 (US$ Million)
- Table 7. Mexico: Sapphire Substrate Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 8. List of Abbreviation
- LIST OF FIGURES
- Figure 1. North America Sapphire Substrate Market Segmentation
- Figure 2. North America Sapphire Substrate Market Segmentation – By Country
- Figure 3. North America Sapphire Substrate Market Overview
- Figure 4. 4 Inches Segment Held the Largest Share in 2021
- Figure 5. The US Held the Largest Share In 2021
- Figure 6. North America- PEST Analysis
- Figure 7. North America Sapphire Substrate Market – Ecosystem Analysis
- Figure 8. Expert Opinion
- Figure 9. North America Sapphire Substrate Market Impact Analysis of Drivers and Restraints
- Figure 10. North America Sapphire Substrate Market Revenue and Forecast to 2028 (US$ Million)
- Figure 11. North America: Sapphire Substrate Market Revenue Share, by Wafer Diameter (2021 and 2028)
- Figure 12. 2 Inches: Sapphire Substrate Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 13. 4 Inches: Sapphire Substrate Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 14. 6 Inches: Sapphire Substrate Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 15. Others: Sapphire Substrate Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 16. North America Sapphire Substrate Market Revenue Share, by Application (2021 and 2028)
- Figure 17. LED: Sapphire Substrate Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 18. RFIC Application: Sapphire Substrate Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 19. Laser Diode: Sapphire Substrate Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 20. Silicon On Sapphire (SOS) IC: Sapphire Substrate Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 21. Others: Sapphire Substrate Market – Revenue, and Forecast to 2028 (US$ Million)
- Figure 22. North America Sapphire Substrate Market – Geographic Analysis
- Figure 23. North America: Sapphire Substrate Market Revenue Share, by Key Country (2021 and 2028)
- Figure 24. US: Sapphire Substrate Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 25. Canada: Sapphire Substrate Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 26. Mexico: Sapphire Substrate Market – Revenue and Forecast to 2028 (US$ Million)
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