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Global Sapphire Glass Market: By Type: High Grade Transparency Sapphire Glass, General Transparency Sapphire Glass; By Application: Smartphones, Watches, Optical and Mechanical Instruments, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Sapphire Glass Market Outlook
The global sapphire glass market reached a value of USD 630 million in 2020. The market is expected to attain USD 901 million by 2026, witnessing a CAGR of 6.1% during the forecast period of 2023-2028.
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Based on the product type, the general transparency sapphire glass was the most popular product in the market in 2020 and is accounted to register the maximum share of the market in the coming years as well. On the basis of the application, smartphones represent the leading application segment in the global sapphire glass market. Region-wise, North America dominated the sapphire glass market in 2020 and is expected to retain its dominance over the years to come.
Properties and Applications
Sapphire glass is a synthetically manufactured transparent crystal and one of the hardest substances after diamonds. It has high durability, brilliance, and resistance against abrasions and chemicals. The durable property of sapphire glass makes it ideal for the manufacturing of consumer electronic devices that utilize digital output displays, such as smartphones, tablets, and laptops. It also features high resistance to thermal shock with a melting point of 2030 degrees celsius, along with a compressive strength of 2000 mega Pascals, which makes it more robust than any stainless steel. Besides, it is also used in the production of watches, bulletproof glass, windows of armoured vehicles, and visors or screens in military body armour suits.
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The major types of the product in the global sapphire glass market are:
- High Grade Transparency
- General Transparency
The industry can be broadly categorised on the basis of its application segment into:
- Smartphones
- Watches
- Optical and Mechanical Instruments
- Safety Establishments
- Medical Devices
- Others
The EMR report looks into the regional markets in the global sapphire glass market like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
Sapphire glass offers good thermal conductivity, high tensile strength, and enhanced optical transparency to a wide range of wavelengths. Sapphire glass has applications in various end-use industries such as ballistic and defence applications. It is also utilised in the manufacturing of bulletproof glass, missile domes, electro-optic and FLIR windows, infrared windows, transparent armour, countermeasure systems, and targeting system components. Moreover, it can also be employed in laser hair removal systems, endoscope lenses, and surgical blades. Increasing adoption of these devices in the medical and healthcare industries is further propelling the industry growth over the forecast period.
Also, the booming electronics industry is further witnessing an increased utilisation of sapphire glass for the manufacturing of LED screens in various devices such as televisions, mobile phones, laptops, and computer sets. Moreover, the product is being widely adopted in volatile industrial environments that experience harsh conditions, which is prompting the industry players to manufacture more versatile products, such as sapphire glass windows.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global sapphire glass market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- KYOCERA Corporation
- Rayotek Scientific Inc.
- Rubicon Technology Inc.
- Monocrystal
- SCHOTT North America, Inc.
- Precision Sapphire Technologies, Ltd
- STC
- Saint Gobain SA
- Crystran Ltd.
- Crystalwise Technology Inc.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
| Breakup by Type | High Grade Transparency Sapphire Glass, General Transparency Sapphire Glass |
| Breakup by Application | Smartphones, Watches, Optical and Mechanical Instruments, Safety Establishments, Medical Devices, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | KYOCERA Corporation, Rayotek Scientific Inc., Rubicon Technology Inc., Monocrystal, SCHOTT North America, Inc., Precision Sapphire Technologies, Ltd, STC, Saint Gobain SA, Crystran Ltd., Crystalwise Technology Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Sapphire Glass Market Analysis
8.1 Key Industry Highlights
8.2 Global Sapphire Glass Historical Market (2018-2022)
8.3 Global Sapphire Glass Market Forecast (2023-2028)
8.4 Global Sapphire Glass Market by Type
8.4.1 High Grade Transparency Sapphire Glass
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 General Transparency Sapphire Glass
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Sapphire Glass Market by Application
8.5.1 Smartphones
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Watches
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Optical and Mechanical Instruments
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Safety Establishments
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Medical Devices
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Sapphire Glass Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Market (2018-2022)
9.3.2 Market Forecast (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players' Market Share
13.3 Company Profiles
13.3.1 KYOCERA Corporation
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Demographic Reach and Achievements
13.3.1.4 Financial Summary
13.3.1.5 Certifications
13.3.2 Rayotek Scientific Inc.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Demographic Reach and Achievements
13.3.2.4 Financial Summary
13.3.2.5 Certifications
13.3.3 Rubicon Technology Inc.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Demographic Reach and Achievements
13.3.3.4 Financial Summary
13.3.3.5 Certifications
13.3.4 Monocrystal
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Demographic Reach and Achievements
13.3.4.4 Financial Summary
13.3.4.5 Certifications
13.3.5 SCHOTT North America, Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Demographic Reach and Achievements
13.3.5.4 Financial Summary
13.3.5.5 Certifications
13.3.6 Precision Sapphire Technologies, Ltd
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Demographic Reach and Achievements
13.3.6.4 Financial Summary
13.3.6.5 Certifications
13.3.7 STC
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Demographic Reach and Achievements
13.3.7.4 Financial Summary
13.3.7.5 Certifications
13.3.8 Saint Gobain SA
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Demographic Reach and Achievements
13.3.8.4 Financial Summary
13.3.8.5 Certifications
13.3.9 Crystran Ltd.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Demographic Reach and Achievements
13.3.9.4 Financial Summary
13.3.9.5 Certifications
13.3.10 Crystalwise Technology Inc.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Demographic Reach and Achievements
13.3.10.4 Financial Summary
13.3.10.5 Certifications
13.3.11 Others
14 Industry Events and Developments
List of Key Figures and Tables
1. Global Sapphire Glass Market: Key Industry Highlights, 2018 and 2028
2. Global Sapphire Glass Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Sapphire Glass Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Sapphire Glass Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Sapphire Glass Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Sapphire Glass Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Sapphire Glass Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Sapphire Glass Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Sapphire Glass Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Sapphire Glass Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Sapphire Glass Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Sapphire Glass Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Sapphire Glass Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Sapphire Glass Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Sapphire Glass Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Sapphire Glass Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Sapphire Glass Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Sapphire Glass Market Structure
Key Questions Answered in the Report
In 2020, the global sapphire glass market attained a value of USD 630 million.
In the forecast period of 2023-2028, the market is projected to grow at a CAGR of 6.1%.
By 2026, the market is estimated to reach USD 901 million.
The major drivers of the market such as rising disposable incomes, thriving electronics industry, rising use in the manufacture of LED screens for televisions, mobile phones, laptops, and computers, and growing demand from medical and healthcare industries are expected to aid the market growth.
The rising adoption of the product in volatile industrial environments that experience harsh conditions is a major trend expected to drive the growth of the market.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest market share.
General transparency is the dominant type of the product in the industry.
The smartphones sector accounts for largest market share among other application segments in the industry.
The key players in the industry are KYOCERA Corporation, Rayotek Scientific Inc., Rubicon Technology Inc., Monocrystal, SCHOTT North America, Inc., Precision Sapphire Technologies, Ltd, STC, Saint Gobain SA, Crystran Ltd., and Crystalwise Technology Inc., among others.
Analyst Review
The global sapphire glass market attained a value of USD 630 million in 2020 driven by the rapidly expanding electronics industry. Aided by the rising demand from the healthcare industry, the industry is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6.1%. The market is projected to reach USD 901 million by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the global sapphire glass market can be segmented into high grade transparency and general transparency, with general transparency accounting for the largest market share. On the basis of application, the smartphones sector accounts for leading market share. The major regional markets for sapphire glass are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the industry. The key players in the above industry include KYOCERA Corporation, Rayotek Scientific Inc., Rubicon Technology Inc., Monocrystal, SCHOTT North America, Inc., Precision Sapphire Technologies, Ltd, STC, Saint Gobain SA, Crystran Ltd., Crystalwise Technology Inc., and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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