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LED Sapphire Substrate-Global Market Insights and Sales Trends 2024
Synopsis
The global LED Sapphire Substrate market size is expected to reach US$ 1236.9 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of LED Sapphire Substrate in various end use industries. The expanding demands from the Light Emitting Diode (LED), Radio Frequency Integrated Circuits (RFICs), Laser Diodes and Others, are propelling LED Sapphire Substrate market. 1 Inche, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 2 Inches segment is estimated at % CAGR for the next seven-year period.
The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LED Sapphire Substrate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LED Sapphire Substrate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LED Sapphire Substrate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LED Sapphire Substrate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LED Sapphire Substrate covered in this report include Crystalwise Technology, San'an Optoelectronics, Gavish, Monocrystal, Rubicon Technology and Silian, etc.
The global LED Sapphire Substrate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Crystalwise Technology
San'an Optoelectronics
Gavish
Monocrystal
Rubicon Technology
Silian
Global LED Sapphire Substrate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LED Sapphire Substrate market, Segment by Type:
1 Inche
2 Inches
3 Inches
4 Inches
5 Inches
6 Inches
8 Inches
Others
Global LED Sapphire Substrate market, by Application
Light Emitting Diode (LED)
Radio Frequency Integrated Circuits (RFICs)
Laser Diodes
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LED Sapphire Substrate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LED Sapphire Substrate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global LED Sapphire Substrate market size is expected to reach US$ 1236.9 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of LED Sapphire Substrate in various end use industries. The expanding demands from the Light Emitting Diode (LED), Radio Frequency Integrated Circuits (RFICs), Laser Diodes and Others, are propelling LED Sapphire Substrate market. 1 Inche, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 2 Inches segment is estimated at % CAGR for the next seven-year period.
The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for LED Sapphire Substrate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global LED Sapphire Substrate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global LED Sapphire Substrate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, LED Sapphire Substrate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of LED Sapphire Substrate covered in this report include Crystalwise Technology, San'an Optoelectronics, Gavish, Monocrystal, Rubicon Technology and Silian, etc.
The global LED Sapphire Substrate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Crystalwise Technology
San'an Optoelectronics
Gavish
Monocrystal
Rubicon Technology
Silian
Global LED Sapphire Substrate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global LED Sapphire Substrate market, Segment by Type:
1 Inche
2 Inches
3 Inches
4 Inches
5 Inches
6 Inches
8 Inches
Others
Global LED Sapphire Substrate market, by Application
Light Emitting Diode (LED)
Radio Frequency Integrated Circuits (RFICs)
Laser Diodes
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of LED Sapphire Substrate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of LED Sapphire Substrate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 LED Sapphire Substrate Market Overview
1.1 LED Sapphire Substrate Product Overview
1.2 LED Sapphire Substrate Market Segment by Type
1.2.1 1 Inche
1.2.2 2 Inches
1.2.3 3 Inches
1.2.4 4 Inches
1.2.5 5 Inches
1.2.6 6 Inches
1.2.7 8 Inches
1.2.8 Others
1.3 Global LED Sapphire Substrate Market Size by Type
1.3.1 Global LED Sapphire Substrate Market Size Overview by Type (2018-2029)
1.3.2 Global LED Sapphire Substrate Historic Market Size Review by Type (2018-2023)
1.3.3 Global LED Sapphire Substrate Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America LED Sapphire Substrate Sales Breakdown by Type (2018-2023)
1.4.2 Europe LED Sapphire Substrate Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific LED Sapphire Substrate Sales Breakdown by Type (2018-2023)
1.4.4 Latin America LED Sapphire Substrate Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa LED Sapphire Substrate Sales Breakdown by Type (2018-2023)
2 Global LED Sapphire Substrate Market Competition by Company
2.1 Global Top Players by LED Sapphire Substrate Sales (2018-2023)
2.2 Global Top Players by LED Sapphire Substrate Revenue (2018-2023)
2.3 Global Top Players by LED Sapphire Substrate Price (2018-2023)
2.4 Global Top Manufacturers LED Sapphire Substrate Manufacturing Base Distribution, Sales Area, Product Type
2.5 LED Sapphire Substrate Market Competitive Situation and Trends
2.5.1 LED Sapphire Substrate Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by LED Sapphire Substrate Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in LED Sapphire Substrate as of 2022)
2.7 Date of Key Manufacturers Enter into LED Sapphire Substrate Market
2.8 Key Manufacturers LED Sapphire Substrate Product Offered
2.9 Mergers & Acquisitions, Expansion
3 LED Sapphire Substrate Status and Outlook by Region
3.1 Global LED Sapphire Substrate Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global LED Sapphire Substrate Historic Market Size by Region
3.2.1 Global LED Sapphire Substrate Sales in Volume by Region (2018-2023)
3.2.2 Global LED Sapphire Substrate Sales in Value by Region (2018-2023)
3.2.3 Global LED Sapphire Substrate Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global LED Sapphire Substrate Forecasted Market Size by Region
3.3.1 Global LED Sapphire Substrate Sales in Volume by Region (2024-2029)
3.3.2 Global LED Sapphire Substrate Sales in Value by Region (2024-2029)
3.3.3 Global LED Sapphire Substrate Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global LED Sapphire Substrate by Application
4.1 LED Sapphire Substrate Market Segment by Application
4.1.1 Light Emitting Diode (LED)
4.1.2 Radio Frequency Integrated Circuits (RFICs)
4.1.3 Laser Diodes
4.1.4 Others
4.2 Global LED Sapphire Substrate Market Size by Application
4.2.1 Global LED Sapphire Substrate Market Size Overview by Application (2018-2029)
4.2.2 Global LED Sapphire Substrate Historic Market Size Review by Application (2018-2023)
4.2.3 Global LED Sapphire Substrate Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America LED Sapphire Substrate Sales Breakdown by Application (2018-2023)
4.3.2 Europe LED Sapphire Substrate Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific LED Sapphire Substrate Sales Breakdown by Application (2018-2023)
4.3.4 Latin America LED Sapphire Substrate Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa LED Sapphire Substrate Sales Breakdown by Application (2018-2023)
5 North America LED Sapphire Substrate by Country
5.1 North America LED Sapphire Substrate Historic Market Size by Country
5.1.1 North America LED Sapphire Substrate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America LED Sapphire Substrate Sales in Volume by Country (2018-2023)
5.1.3 North America LED Sapphire Substrate Sales in Value by Country (2018-2023)
5.2 North America LED Sapphire Substrate Forecasted Market Size by Country
5.2.1 North America LED Sapphire Substrate Sales in Volume by Country (2024-2029)
5.2.2 North America LED Sapphire Substrate Sales in Value by Country (2024-2029)
6 Europe LED Sapphire Substrate by Country
6.1 Europe LED Sapphire Substrate Historic Market Size by Country
6.1.1 Europe LED Sapphire Substrate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe LED Sapphire Substrate Sales in Volume by Country (2018-2023)
6.1.3 Europe LED Sapphire Substrate Sales in Value by Country (2018-2023)
6.2 Europe LED Sapphire Substrate Forecasted Market Size by Country
6.2.1 Europe LED Sapphire Substrate Sales in Volume by Country (2024-2029)
6.2.2 Europe LED Sapphire Substrate Sales in Value by Country (2024-2029)
7 Asia-Pacific LED Sapphire Substrate by Region
7.1 Asia-Pacific LED Sapphire Substrate Historic Market Size by Region
7.1.1 Asia-Pacific LED Sapphire Substrate Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific LED Sapphire Substrate Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific LED Sapphire Substrate Sales in Value by Region (2018-2023)
7.2 Asia-Pacific LED Sapphire Substrate Forecasted Market Size by Region
7.2.1 Asia-Pacific LED Sapphire Substrate Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific LED Sapphire Substrate Sales in Value by Region (2024-2029)
8 Latin America LED Sapphire Substrate by Country
8.1 Latin America LED Sapphire Substrate Historic Market Size by Country
8.1.1 Latin America LED Sapphire Substrate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America LED Sapphire Substrate Sales in Volume by Country (2018-2023)
8.1.3 Latin America LED Sapphire Substrate Sales in Value by Country (2018-2023)
8.2 Latin America LED Sapphire Substrate Forecasted Market Size by Country
8.2.1 Latin America LED Sapphire Substrate Sales in Volume by Country (2024-2029)
8.2.2 Latin America LED Sapphire Substrate Sales in Value by Country (2024-2029)
9 Middle East and Africa LED Sapphire Substrate by Country
9.1 Middle East and Africa LED Sapphire Substrate Historic Market Size by Country
9.1.1 Middle East and Africa LED Sapphire Substrate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa LED Sapphire Substrate Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa LED Sapphire Substrate Sales in Value by Country (2018-2023)
9.2 Middle East and Africa LED Sapphire Substrate Forecasted Market Size by Country
9.2.1 Middle East and Africa LED Sapphire Substrate Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa LED Sapphire Substrate Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Crystalwise Technology
10.1.1 Crystalwise Technology Company Information
10.1.2 Crystalwise Technology Introduction and Business Overview
10.1.3 Crystalwise Technology LED Sapphire Substrate Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Crystalwise Technology LED Sapphire Substrate Products Offered
10.1.5 Crystalwise Technology Recent Development
10.2 San'an Optoelectronics
10.2.1 San'an Optoelectronics Company Information
10.2.2 San'an Optoelectronics Introduction and Business Overview
10.2.3 San'an Optoelectronics LED Sapphire Substrate Sales, Revenue and Gross Margin (2018-2023)
10.2.4 San'an Optoelectronics LED Sapphire Substrate Products Offered
10.2.5 San'an Optoelectronics Recent Development
10.3 Gavish
10.3.1 Gavish Company Information
10.3.2 Gavish Introduction and Business Overview
10.3.3 Gavish LED Sapphire Substrate Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Gavish LED Sapphire Substrate Products Offered
10.3.5 Gavish Recent Development
10.4 Monocrystal
10.4.1 Monocrystal Company Information
10.4.2 Monocrystal Introduction and Business Overview
10.4.3 Monocrystal LED Sapphire Substrate Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Monocrystal LED Sapphire Substrate Products Offered
10.4.5 Monocrystal Recent Development
10.5 Rubicon Technology
10.5.1 Rubicon Technology Company Information
10.5.2 Rubicon Technology Introduction and Business Overview
10.5.3 Rubicon Technology LED Sapphire Substrate Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Rubicon Technology LED Sapphire Substrate Products Offered
10.5.5 Rubicon Technology Recent Development
10.6 Silian
10.6.1 Silian Company Information
10.6.2 Silian Introduction and Business Overview
10.6.3 Silian LED Sapphire Substrate Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Silian LED Sapphire Substrate Products Offered
10.6.5 Silian Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 LED Sapphire Substrate Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 LED Sapphire Substrate Industrial Chain Analysis
11.4 LED Sapphire Substrate Market Dynamics
11.4.1 LED Sapphire Substrate Industry Trends
11.4.2 LED Sapphire Substrate Market Drivers
11.4.3 LED Sapphire Substrate Market Challenges
11.4.4 LED Sapphire Substrate Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 LED Sapphire Substrate Distributors
12.3 LED Sapphire Substrate Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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