North America Sapphire Substrate Market Forecast to 2028 – COVID

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]

Report Code : BMIRE00026317 | Region : North America | Industry : Electronics and Semiconductor | Published Date : 26/Sep/2022

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.

At 6.2% CAGR, the North America Sapphire Substrate Market is speculated to be worth US$ 496.07 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the North America sapphire substrate market was valued at US$ 329.47 million in 2021 and is expected to reach US$ 496.07 million by 2028, registering an annual growth rate of 6.2% from 2021 to 2028. Widening uptake of silicon-on-sapphire microelectronic circuits and raising demand for sapphire substrate in LED applications.

The growing demand for silicon-on-sapphire microelectronic circuits has been propelling the sapphire substrate market significantly. It is the way of developing a monocrystal Si film on sapphire wafers crystal face (1-102), known as the heterogeneous extension method. It then develops semiconductor devices on monocrystal Si film. It has the same thermal expansion coefficient as the monocrystalline Si. These Silicon Sapphire Substrate has incased the usage of microelectronics and optoelectronics technologies. Sapphire usage for wafers has also helped in reducing the overall cost of larger wafers at relatively low rate. Currently, high quality GaN crystals can overgrow on sapphire wafer with the significant rise of growth technology. The (0001) sapphire surface has become the most ideal application of the substrate. The increasing demand for silicon-on-sapphire circuits can be credited to several benefits, such as high speed, low power consumption, and resistance to radiation. Additionally, silicon-on-sapphire microelectronics circuits are broadly utilized in developing high frequency and high-speed radio communication, smartphones, desktop computers, small satellite, laptops, and aerospace industry applications. These factors and rising usage among various industries has positive impact on the sapphire substrate market.

On the contrary, fabrication of high resolution in sapphire nanostructures.

Based on wafer diameter, the North America sapphire substrate market is segmented into 2 inches, 4 inches, 6 inches, and others. The 4 inches segment held 40.2% market share in 2021, amassing US$ 56.86 million. It is projected to garner US$ 81.36 million by 2028 to expand at 5.5% CAGR during 2021–2028.

Based on application, the North America sapphire substrate market is segmented into LED, RFIC application, laser diode, silicon on sapphire (SOS) IC, others. The LED segment held 77.8% market share in 2021, amassing US$ 109.97 million. It is projected to garner US$ 159.09 million by 2028 to expand at 5.6% CAGR during 2021–2028.

Based on country, the North America sapphire substrate market has been segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 80.7% market share in 2021. It was assessed at US$ 113.95 million in 2021 and is likely to hit US$ 164.03 million by 2028, exhibiting a CAGR of 5.6% during the forecast period.

Key players dominating the North America sapphire substrate market are Meller Optics, Inc.; Rubicon Technology Inc.; Precision Micro-Optics Inc.; CRYSTALWISE TECHNOLOGY INC.; SAINT GOBAIN S.A.; KYOCERA Corporation; and Monocrystal among others.

• In January 2022, Meller Optics, Inc. has released custom-made sapphire windows and domes suitable for shielding cameras, detectors, and sensors on military and commercial drones built for usage in severe environments.

• In March 2016, Rubicon Technology, Inc., a leading supplier of optical sapphire components and sapphire substrates, announced the successful production of another very high-quality sapphire slab with dimensions of 18"W x 36"L x 2"T that meets the next two milestones in its development contract with the Air Force Research Laboratory. Rubicon carved two extremely big panes of high-quality monocrystalline sapphire from a single block. The dimensions of these unpolished windows are 18 x 30" and 17 x 25", each up to 1" thick.

TABLE OF CONTENTS

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)

The List of Companies - North America Sapphire Substrate Market

● Meller Optics, Inc.                                                 

● Rubicon Technology Inc.                                      

● Precision Micro-Optics Inc.                                  

● CRYSTALWISE TECHNOLOGY INC.

● SAINT GOBAIN S.A.

● KYOCERA Corporation

● Monocrystal

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America sapphire substrate market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the North America sapphire substrate market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the sapphire substrate market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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