London, UK (PRWEB) March 21, 2014
The world sapphire technology market is reaching its early maturity stage. The robust market growth is spurred by a surge of sapphire-based applications and devices that can be employed in a range of industry verticals including, among others, defense, aerospace, communication technology, power electronic device, etc. The exceptional and unique properties of sapphire have made it one of the most appropriate materials in numerous applications. The world sapphire technology market for substrates is set to post a 12.31% CAGR in the years ahead and reach USD 3.02 billion by 2020. Meanwhile, the world sapphire technology market for devices is forecast to register a 12.24% CAGR and amount to USD 6.17 billion by 2020. The key drivers of the global sapphire technology market include high-cost effectiveness in comparison with other materials, the ample addressable market for sapphire power semiconductors, and the increasing demand for sapphire from different end-use sectors. Despite of being in the growth stage and witnessing a rising demand, the world sapphire technology market still faces certain restraints, encompassing, among others, fierce competition within the market, intensifying competition from the high-end materials, and burgeoning demand from the high-end products.
GT Advanced Technologies Inc., Sumitomo Chemical Co., DK Aztec Co., Tera Xtal Technology Corporation, ACME Electronics Corporation, Namiki Precision Jewel Co., Kyocera Corporation, and Rubicon Technology Inc are amid the leading companies in the world sapphire technology market.
New comprehensive research report “Sapphire Technology Market by Growth Technologies (KY, CZ, HEM, and EFG), Substrate Wafer (Si-on-Sapphire, SiC-on-Sapphire, GaN-on-Sapphire, and Others), Devices, Applications, and Geography - Analysis & Forecast to 2013 – 2020” worked out by MarketsandMarkets (M&M) is now available at MarketPublishers.com.
Title: Sapphire Technology Market by Growth Technologies (KY, CZ, HEM, and EFG), Substrate Wafer (Si-on-Sapphire, SiC-on-Sapphire, GaN-on-Sapphire, and Others), Devices, Applications, and Geography - Analysis & Forecast to 2013 - 2020
Published: March, 2014
Price: US$ 4,650.00
The in-demand report offers a close look at the world sapphire technology market, provides a wide range of detailed estimates of the current industry performance, and also presents in-depth coverage of the major sapphire technology applications. It reviews the most recent industry developments, investigates the main forces driving and restraining the market growth, contains an extensive examination of the major geographical markets for sapphire technology, and outlines the future growth prospects of the industry. The new report includes a detailed view at the actual sapphire technology industry performance together with a qualitative analysis at every aspect of the market segmentation on the basis of characteristics, devices, applications and sub-applications. Besides, the study offers a glimpse of the future development of the global sapphire technology market with a set of the market size and revenue forecasts through 2020.
More new research reports by the publisher can be found at MarketsandMarkets page.