Global LED Produts Sapphire Substrate Market Size By Product (2 Inches, 4 Inches, 6 Inches), By Application (Lighting, Consumer Electronics, Equipment), By Geographic Scope And Forecast

LED Produts Sapphire Substrate Market Size And Forecast

LED Produts Sapphire Substrate Market was valued at USD 444.5 Million in 2020 and is projected to reach USD 602.3 Million by 2028, growing at a CAGR of 3.87% from 2021 to 2028.

The growing popularity of silicon on sapphire circuits is expected to boost the market growth. Growth LEDs are widely employed in full-color displays and traffic signals, which has resulted in high demand for sapphire substrates to improve the efficiency of GaN-based diodes. The Global LED Produts Sapphire Substrate Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global LED Produts Sapphire Substrate Market Definition

The most common sapphire application is still LED. Due to their great temperature tolerance, high strength, strong electrical insulation, and low dielectric loss, sapphire substrates are perfect for LED applications. In LED lighting, the sapphire substrate helps to prevent stray currents from propagating to surrounding circuit parts. LED lights can also have a larger beam angle because of their crystal structure. Unique patterned sapphire substrates are being developed, and they are finding applications in the semiconductor sector.

In recent years, a specially designed sapphire substrate has been widely used to create mesa-type light-emitting diodes (LEDs) with a low density of threading dislocations. Furthermore, the growing popularity of nitride-based LEDs for solid-state illumination is expected to have a substantial impact on the worldwide LED Produts Sapphire Substrate Market. Several factors contribute to this desire, including excellent efficiency, small size, and long life. The use of sapphire substrate has rapidly increased in recent years as a result of the extensive use of LEDs in traffic signals and full-color displays.

Because the sapphire substrate is still a critical component of LEDs, demand for substrate material from the LED sector is projected to remain strong in the coming years. The LED (Light Emitting Diode) has long been recognized as the primary lighting technology of the future. LEDs have several advantages over incandescent lamps, including long life, energy savings, and safety. GaN films are required for the production of blue LEDs. For producing GaN films, a variety of substrate materials are employed, the most prevalent of which is sapphire and SiC.

Global LED Produts Sapphire Substrate Market Overview

The discovery of allotropes like graphene has resulted in a significant increase in research and development activity around the world, with a focus on the discovery of novel two-dimensional (2D) materials. The search for new materials was mostly reliant on laboratory efforts, which were hampered by a number of obstacles, including the fabrication of a scalable volume of high-quality crystalline 2D materials. During the forecast period, one of the primary drivers for the Global LED Produts Sapphire Substrate Market is likely to be the rising utilization of sapphire substrate in crystals.

Another factor that is projected to fuel demand for sapphire substrates throughout the evaluation period is the growing demand for LEDs, laser diodes, and other RFIC applications. Due to the growing uses of sapphire substrates, research and development activities are projected to increase in the next years. Furthermore, technical breakthroughs and advancements in modern engineering are expected to continue to drive market expansion in the coming years. Novel patterned sapphire substrates are being developed as a result of research activities, and they are finding applications across the semiconductor industry.

A unique patterned sapphire substrate has been extensively exploited in recent years to achieve mesa-type light-emitting diodes (LED) with low threading dislocation densities. Furthermore, the rising demand for nitride-based LEDs for solid-state lighting is likely to have a significant impact on the worldwide LED Produts Sapphire Substrate Market during the assessment period due to several advantages such as extended life, small size, and high efficiency. Because LEDs are widely utilized in full-color displays and traffic signals, the demand for sapphire substrate has been steadily increasing over the last few years.

The rising demand for silicon-on-sapphire microelectronic circuits is expected to propel the worldwide sapphire substrate industry forward. Low power consumption, fast speed, and radiation resistance are all factors that have contributed to the surge in demand for silicon-on-sapphire circuits. Furthermore, silicon on sapphire microelectronic circuits is widely employed in the manufacturing of smartphones, high-frequency radio communication, laptops, and the aerospace industry– a factor that is likely to boost the market growth.

Global LED Produts Sapphire Substrate MarketSegmentation Analysis

The Global LED Produts Sapphire Substrate Market is segmented on the basis of Product, Application, And Geography.

LED Produts Sapphire Substrate Market, By Product

• 2 Inches• 4 Inches• 6 Inches• Others

Based on Product, The market is segmented into 2 Inches, 4 Inches, 6 Inches, and Others. 6 Inches segment dominated the market and was estimated to continue the largest share during the forecast period. LED chips along with the outside edge of a larger wafer, enhance the brightness of the LEDs. Because the density of the GaN layer is reduced and light extraction efficiency is improved, the usage of the patterned sapphire substrate (PSS) can raise brightness even more. Large-scale PSS will be required to fulfill the demands of the rapidly developing lighting sector as the penetration rate for LED-based general lighting continues to rise.

LED Produts Sapphire Substrate Market, By Application

• Lighting• Consumer Electronics• Equipment

Based on Application, The market is segmented into Lighting, Consumer Electronics, and Equipment. During the forecast period, Consumer Electronics is expected to account for the largest share of the LED Produts Sapphire Substrate Market. Increased usage across numerous industries, including information and technology, power electrical devices, aerospace and defense, and others, is expected to propel technology forward in the next years. Substrates for light-emitting diodes, new generation TV receivers, projectors, microwave devices, window fabrication for civilian and military equipment, and windows for watches and devices are all made with sapphire technology.

LED Produts Sapphire Substrate Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Regional Analysis, The Global LED Produts Sapphire Substrate Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The LED Produts Sapphire Substrate Market in the Asia Pacific is expected to grow rapidly in the future due to the presence of major industry players, technological advancements, and the rise of consumer electronics applications and ICT in the region.

Key Players

The “Global LED Produts Sapphire Substrate Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Huacan Optoelectronics, Jingjing Optoelectronic Technology, San’an Optoelectronics, Crystal wise Technology, Hansol Technics Co., TDG Holding Co., Kyocera, Power Technology, SINOPATT, Procrystal Technology, Xuzhou GAPSS OE Technology, Monocrystal, Aurora Optoelectronics, Rubicon Technology.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In April, The new Ultra-Clean sapphire wafers were launched by Monocrystal, Inc. The company provides cutting-edge cleaning technology to achieve breakthroughs in wafer surface quality, which is necessary for high-precision optoelectronic applications like micro-LEDs.

Report Scope

Top Trending Reports

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.