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Global Sapphire Glass Market Size, Share, Outlook, Report: By Type: High Grade Transparency Sapphire Glass, General Transparency Sapphire Glass; By Application: Smartphones, Watches, Optical and Mechanical Instruments, Safety Establishments, Medical Devices, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Sapphire Glass Market Outlook
The global sapphire glass market reached a value of USD 753.17 million in 2023. The market is expected to attain USD 1290.18 million by 2032, witnessing a CAGR of 6.2% during the forecast period of 2024-2032.
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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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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| 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 Opportunities and Challenges in the Market
8 Global Sapphire Glass Market Analysis
8.1 Key Industry Highlights
8.2 Global Sapphire Glass Historical Market (2018-2023)
8.3 Global Sapphire Glass Market Forecast (2024-2032)
8.4 Global Sapphire Glass Market by Type
8.4.1 High Grade Transparency Sapphire Glass
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 General Transparency Sapphire Glass
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Sapphire Glass Market by Application
8.5.1 Smartphones
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Watches
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Optical and Mechanical Instruments
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Safety Establishments
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Medical Devices
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Sapphire Glass Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Sapphire Glass Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Sapphire Glass Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Sapphire Glass Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Sapphire Glass Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Sapphire Glass Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 KYOCERA Corporation
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Rayotek Scientific Inc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Rubicon Technology Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Monocrystal
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 SCHOTT North America, Inc.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Precision Sapphire Technologies, Ltd
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 STC
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Saint Gobain SA
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Crystran Ltd.
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Crystalwise Technology Inc.
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Sapphire Glass Market: Key Industry Highlights, 2018 and 2032
2. Global Sapphire Glass Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Sapphire Glass Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Sapphire Glass Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Sapphire Glass Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Sapphire Glass Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Sapphire Glass Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Sapphire Glass Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Sapphire Glass Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Sapphire Glass Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Sapphire Glass Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Sapphire Glass Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Sapphire Glass Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Sapphire Glass Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Sapphire Glass Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Sapphire Glass Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Sapphire Glass Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Sapphire Glass Market Structure
Key Questions Answered in the Report
In 2023, the global sapphire glass market attained a value of USD 753.17 million.
The market is expected to grow at a CAGR of 6.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 1290.18 million by 2032.
The major drivers of the market are rising disposable incomes, thriving electronics industry, and growing demand from medical and healthcare sectors.
The rising adoption of sapphire glass in volatile industrial environments that experience harsh conditions and increasing use in the manufacture of LED screens for televisions, mobile phones, laptops, and computers, are major trends of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
General transparency sapphire glass and high grade transparency sapphire glass are the various types of sapphire glass in the market.
Smartphones, watches, optical and mechanical instruments, safety establishments, and medical devices, among others, are the various applications of sapphire glass in the market.
The key players in the global sapphire glass market 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 753.17 million in 2023, 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 2024-2032, growing at a CAGR of 6.2%. The market is projected to reach USD 1290.18 million by 2032.
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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