Sapphire Technology Market Expected to Reach $3.01 Billion by 2020 at CAGR 12.31% – New Report by MarketsandMarkets

Global Sapphire Technology Market for substrates is expected to reach $3.01 Billion by 2020 at a CAGR of 12.31%, where as the market for devices is expected to reach $6.17 Billion by 2020 at a CAGR of 12.24%. (http://www.marketsandmarkets.com/Market-Reports/sapphire-semiconductors-market-391455.html)

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Major players in this Sapphire Technology Market include: GT Advanced Technology (U.S.), Rubicon Technology (U.S.), Namiki Precision Jewel Co. Ltd (Japan), Monocrystal Inc. (Russia), DK Aztec Co. Ltd (Korea), and so on.

(PRWEB) May 17, 2014

According to the market 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", the global sapphire market by substrate is expected to reach $3.01 Billion by 2020 at a CAGR of 12.31%, where as the Sapphire Technology Market for devices is expected to reach $6.17 Billion by 2020 at a CAGR of 12.24%. which includes an in-depth analysis of application and geography.

Browse more than 65 market data tables with 70 figures spread through 236 pages and in-depth TOC on "Sapphire Technology Market."
http://www.marketsandmarkets.com/Market-Reports/sapphire-semiconductors-market-391455.html

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The Sapphire Technology Market by Growth Technologies entails a great potential across many industry verticals. The sapphire material is gaining attention due to effective cost matrix and leads to a longer life cycle with greater reliability. The highlighting features of sapphire material are high efficiency, better thermal and electric properties, and longer life that is best suited for power electronics devices, display cover for consumer electronics, and LED industry. Sapphire Technology Market is the one that will be the captivating essentials for new entrants as well as winning opportunities for the established players.

This report describes the market trends, drivers, and challenges with respect to the Sapphire Technology Market and forecasts the market to 2020. This global report gives a detailed view of the market across geographies - Americas (North America and South America), Europe (U.K., Germany, and others), the Asia-Pacific (China, Japan, Korea, Taiwan, and others), and ROW (Middle East and others). Asia-Pacific is the largest geography in terms of the Sapphire Technology Market value. Americas has been identified as the fastest growing region, with U.S leading the way. Europe also has a very promising market with Germany and the U.K. while the ROW also impetus to the growth. The report profiles more than 10 promising players in the Sapphire Technology Market ecosystem.

This report focuses on giving a detailed view of the complete sapphire industry with regards to the growth technology, with detailed market segmentations, combined with qualitative analysis of each and every aspect of the classification on the basis of growth technology, production methods, substrate wafer type, devices, applications, sub-applications, and geography. All the numbers, both, revenue and volume, at every level of detail, are forecast till 2020 to give a glimpse of the potential revenue base in this market.

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The competitive landscape of the market presents a very interesting picture, where a large number of small players have become a force to reckon with. The market is witnessing a large scale collaboration and partnership across the value chain with number of tier-one players around the globe.

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