Simple Guidance For You In Sapphire Compound Substrate Market.





Sapphire compound substrate market Thermal shock, high temperature, sand and water erosion resistance, superior electrical insulation, and low dielectric loss are all advantages of sapphire substrates. They're best for growing compound semiconductors, superconductors, dielectrics, and other materials epitaxially.

The sapphire compound substrate market is predicted to develop due to rising demand for sapphire compound substrate in LED and mobile device applications. The global LED lighting market is expected to reach over US$ 120 billion by 2025,


The global sapphire compound substrate market is likely to see considerable growth in the LED sapphire substrate segment, which is expected to maintain its dominance during the forecast period. Due to rising demand for LED tubes and bulbs, key market participants are focusing on growing their LED sapphire substrate capacity. For example, Lanjing Technology, a Chinese LED chip provider, inked an agreement with the People's Government of Hongta District in August 2017 to increase production capacity for LED sapphire substrates.


Due to the expanding electronics market in emerging economies such as India and China, the Asia Pacific market is predicted to increase significantly in terms of value and maintain its dominant position over the forecast period. The electronics market is expected to grow at a CAGR of 24.4 percent to US$ 400 billion by 2020, according to the India Brand Equity Foundation (IBEF).


To enhance their presence in the worldwide sapphire compound substrate market, key companies are focusing on various inorganic development methods such as mergers and acquisitions, joint ventures, partnerships, marketing, and new product releases. For example, the Sino-American Silicon Products Inc. (SAS) LED sapphire compound substrate market unit combined with Crystalwide Technology Inc. in April 2012 to boost operating performance and overall competitiveness.


Rubicon Technology, Inc., Meller Optics, Inc., Kyocera Corporation, Crystalwise Technology Inc., Compagnie de Saint-Gobain S.A., and Monocrystal PLC are some of the major participants in the global sapphire compound substrate market.

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