Global High Grade Transparency Sapphire Glass Market, By Distribution Channel (Online Store, Speciality Stores, Retail Stores and Others), Application (Smartphones, Watches, Optical and Mechanical Instruments, Safety Establishments, Medical Devices and Others) – Industry Trends and Forecast to 2029
High Grade Transparency Sapphire Glass Market Analysis and Size
High grade transparency sapphire glass is an excellent alternative as compared to other normal glass because it offers several benefits, such as durability, high strength, and scratch resistance. These benefits make it perfect for the consumer electronics that adopt digital output displays, including tablets and smartphones. Along with this, High-grade transparency sapphire glass is also used in manufacturing other products such as windows of armored vehicles, watches, bullet-proof glass, and visors or screens in military body armor suits. Thus, high grade transparency sapphire glass market is expected to rise high in the forecast period of 2022-2029.
Data Bridge Market Research analyses that the high grade transparency sapphire glass market was valued at USD 843.20 million in 2021 and is expected to reach USD 1,284.27 million by 2029, registering a CAGR of 5.40 % during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
High Grade Transparency Sapphire Glass Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Distribution Channel (Online Store, Speciality Stores, Retail Stores and Others), Application (Smartphones, Watches, Optical and Mechanical Instruments, Safety Establishments, Medical Devices and Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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KYOCERA Corporation (Japan), Rayotek Scientific Inc.(U.S.), Rubicon (U.S.), Saint-Gobain(France), Crystalandco (U.S.), PPG Industries, Inc. (U.S.), AGC Inc. (Japan), Schott AG (Germany), Taiwan Glass Industry Corporation (Taiwan), Nippon Sheet Glass Co., Ltd. (Japan), Armortex (U.S.), Total Security Solutions (U.S.), Apogee Enterprises, Inc. (U.S.), Binswanger Glass (U.S.), Centigon (U.S.), Armassglass (Turkey), Stec Armour Glass (Malaysia), Total Security Solution (U.S.), D.W. Price Security (U.K.), Smartglass International (Ireland)
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Market Opportunities
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Market Definition
High grade transparency sapphire glass is not a glass, but is seamlessly suitable for wristwatches. Sapphire glass is not glass at all but a crystalline, transparent, technical ceramic made up of pure aluminium oxide (Al2O3). Because of the lack of natural contamination, the sapphire glass has industrially produced completely colorless crystal.
High Grade Transparency Sapphire Glass Market Dynamics
Drivers
- Rising demand of high grade transparency sapphire glass in multiple industry
The high grade transparency sapphire glass is used in an extensive range of applications such as aerospace, medical, safety equipment, and defence which is increasing the popularity of these high grade transparency sapphire glass in the market . Therefore, the high grade transparency sapphire glass's popularity is the major factor expected to drive the market's growth rate.
- Increasing demand of high grade transparency sapphire glass in construction industry
Rapidly growing construction activities have increased government focus on developing commercial infrastructure, including smart cities. With the growing construction industry, the demand for different types of materials in the construction industry includes high grade transparency sapphire glass. The high grade transparency sapphire glass has more versatile products and it is widely used in windows This is also the major factor which is expected to drive the growth rate of the market during forecast period
- High usage of high grade transparency sapphire glass in camera
High grade transparency sapphire glass is a scratch resistant substrate and extremely durable that creates a rugged optical lens for the camera which can stand up to very harsh environments. This glass adds to the long lasting value to the camera lenses. The rising demand for high-grade transparency sapphire glass for the manufacture of camera are expected to drive the market's growth rate.
Opportunities
- Growing demand in electronic industry
The growth in the popularity of high grade transparency sapphire glass in electronics products is the major factor which is contributing toward the growth of the high grade transparency sapphire glass market. The growing electronics industry is witnessing an increased the utilisation of high grade transparency sapphire glass for the production of LED screens in several devices such as laptops, televisions, mobile phones, and computer sets which will create immense opportunities for the growth of the high grade transparency sapphire glass
Moreover, increased strategic collaborations and increased the number of emerging new markets will also act as market drivers and further create immense opportunities for the market's growth rate.
Restraints/ Challenges
- High cost of raw materials
The demand of the high grade transparency sapphire glass may be restrained by increasing the prices of raw materials. These high grade transparency sapphire glasses are more expensive than other glasses, restraining the demand from the consumer’s perspective and obstructing the growth rate of the high grade transparency sapphire glass market.
This high grade transparency sapphire glass market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the high grade transparency sapphire glass market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on High Grade Transparency Sapphire Glass Market
High grade transparency sapphire glass is used in manufacturing of smartphone displays, watch and in manufacture of mechanical as well as medical equipment. The outbreak of COVID-19 has increased the demand for medical equipment which has directly increased the demand for high grade transparency sapphire glass. However, instantaneously, the demand for watches and smartphones has declined in response to the nationwide lockdown, thus resulting the shutdown of almost all electronics markets. This has reduces the demand for high grade transparency sapphire to some extent.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Global High Grade Transparency Sapphire Glass Market Scope
The high grade transparency sapphire glass market is segmented on the basis of distribution channel and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Distribution Channel
- Online Store
- Speciality Stores
- Retail Stores
- Others
Application
- Smartphones
- Watches
- Optical and Mechanical Instruments
- Safety Establishments
- Medical Devices
- Others
High Grade Transparency Sapphire Glass Market Regional Analysis/Insights
The high grade transparency sapphire glass market is analysed and market size insights and trends are provided by country, distribution channel and application as referenced above.
The countries covered in the high grade transparency sapphire glass market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
North America dominates the high grade transparency sapphire glass market in terms of revenue and market share. This is due to increased application of sapphire glass by several end user industries and presence of major manufacturers in this region.
Asia-Pacific is expected to be the fastest developing region during the forecast period of 2022-2029 due to the various factors such as rising industrialization, urbanization and expansion and growth of semiconductors industry in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and High Grade Transparency Sapphire Glass Market Share Analysis
The high grade transparency sapphire glass market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to high grade transparency sapphire glass market.
Some of the major players operating in the high grade transparency sapphire glass market are:
- KYOCERA Corporation (Japan)
- Rayotek Scientific Inc.(U.S.)
- Rubicon (U.S.)
- Saint-Gobain (France)
- Crystalandco (U.S.)
- PPG Industries, Inc. (U.S.)
- AGC Inc. (Japan)
- Schott AG (Germany)
- Taiwan Glass Industry Corporation (Taiwan)
- Nippon Sheet Glass Co., Ltd. (Japan)
- Armortex (U.S.)
- Total Security Solutions (U.S.)
- Apogee Enterprises, Inc. (U.S.)
- Binswanger Glass (U.S.)
- Centigon (U.S.)
- Armassglass (Turkey)
- Stec Armour Glass (Malaysia)
- Total Security Solution (U.S.)
- D.W. Price Security (U.K.)
- Smartglass International (Ireland)
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