Global Sapphire Glass Market – Industry Trends and Forecast to 2026

  • Chemical and Materials
  • Upcoming Report
  • Aug 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Sapphire Glass Market By Product Type (High Grade Transparency Sapphire Glass, General Transparency Sapphire Glass), Application (Smartphones, Watches, Optical and Mechanical instruments, Safety Establishments, Medical Devices, Others), Distribution Channel (Online Store, Speciality Stores and Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Sapphire Glass Market

Global sapphire glass market is projecting a rise in estimated value by registering a healthy CAGR of 18.7% in the forecast period of 2019-2026 due to rise in demand from LED and semiconductor industry, increasing demand of smartphones and tablets and Increase in sales of luxury watches in Asia region

Market Definition: Global Sapphire Glass Market

Sapphire glass is a synthetic and naturally available sapphire gemstone. It is made up of alpha alumina or alumina oxide which makes it extremely durable. It is chemically inert with high thermal stability and high melting point. Sapphire glass has wide applications in the manufacturing smartphone displays, semiconductor, LED manufacturing, consumer electronics, aerospace, medical and optical equipment and others

Market Drivers:

  • ·         Rise in demand from LED and semiconductor industry is driving the market growth
  • ·         Wide applications of sapphire glass in medical industry due to heat resistance property is boosting the market
  • ·         Rise in the demand from defense sector due to use of glass sapphire in the manufacturing of armoured vehicle, bullet proof glass and others also acts as a market driver
  • ·         Rapid urbanization and rising purchasing power of customers are accelerating the growth of this market

Market Restraints:

  • ·         Extreme competition from Gorilla Glass is restraining the market growth
  • ·         Upcoming technological advancements in the market may hinder the market growth

Segmentation: Global Sapphire Glass Market

·         By Product Type

o   High Grade Transparency Sapphire Glass

o   General Transparency Sapphire Glass

·         By Application

o   Smartphones

o   Watches

o   Optical and mechanical instruments

o   Safety establishments

o   Medical Devices

o   Others

 

·         By Distribution Channel

o   Online Stores

o   Speciality Stores

o   Others

 

·         By Geography

·         North America

o   U.S

o   Canada

o   Mexico

·         South America

o   Brazil

o   Argentina

o   Rest of South America

·         Europe

o   Germany

o   France

o   United Kingdom

o   Italy

o   Spain

o   Russia

o   Turkey

o   Belgium

o   Netherlands

o   Rest of Europe

·         Asia-Pacific

o   Japan

o   China

o   South Korea

o   India

o   Australia

o   Singapore

o   Malaysia

o   Indonesia

o   Thailand

o   Philippines

o   Rest of Asia-Pacific

·         Middle East and Africa

o   South Africa

o   Egypt

o   Saudi Arabia

o   United Arab Emirates

o   Israel

o   Rest of Middle East and Africa

Key Developments in the Market:

  • ·         In February 2019, Essilor India launched Crizal Sapphire 360UV a new lens.. The targeted audience for this product are millennials and the company with the thought of 'Making the invisible, a new visible'. With the Crizal Sapphire 360UV, Essilor tried to improve the sight and provide more clear vision. Essilor targeted the millennials with their product in order to accelerate the market growth
  • ·         In June 2018, Crizal Sapphire UV lens is launched by the Essilor. The aim behind this launch is to provide patients better visibility. The new lens  ESPF 35 provides more protection than other Essilor’s lenses. The company tried to simplify their product range with the new launch in order to provide a clear range of products to independent professionals dealing in eye care

Competitive Analysis:

Global sapphire glass market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of sapphire glass market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global sapphire glass market are, Crystalwise Technolgy Inc, Kyocera, Adamant Namiki Precision Jewel Co., Ltd, Precision Sapphire Technologies Ltd, Rubicon Technology,Inc, Monocrystal, Saint-Gobain, SCHOTT AG, Tera Xtal Techonlogy Corporation, Rayotek Scientific Inc, Crystran Ltd,, Swiss Jewel Company, GTAT Corporation, Surmet Corporation, Morgan Advanced Materials, II-VI Optical Systems, and others

Research Methodology: Global Sapphire Glass Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • ·         Complete and distinct analysis of the market drivers and restraints
  • ·         Key market players involved in this industry
  • ·         Detailed analysis of the market segmentation
  • ·         Competitive analysis of the key players involved

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