Global Sapphire Glass Market to Reach US$ 4,678.2 Million by 2032, Propelled by Significant Growth in Defense Industry

April 13, 2023 | Chemical & Materials

According to the latest report by IMARC Group, titled “Sapphire Glass Market Report by Product Type (High Grade Transparency Sapphire Glass, General Transparency Sapphire Glass), Application (Smartphones, Watches, Optical and Mechanical Instruments, Safety Establishments, Medical Devices, and Others), and Region 2024-2032," the global sapphire glass market size reached US$ 1,263.1 Million in 2023. Sapphire glass is a transparent, crystalline ceramic material made from highly pure aluminum oxide (Al2O3) or alumina. It is commercially manufactured using the flame fusion method that involves boule formation followed by cutting, shaping, and surface treatment. It is widely used in consumer electronics, screens, lenses, watches, medical implants, surgical instruments, protective coverings, cockpit windows, sensors, and armored vehicles. As compared to traditional glass, sapphire glass offers better optical properties, lower birefringence, and higher strength. It is also cost-effective, versatile, and highly durable and exhibits excellent biocompatibility and resistance against wear and tear, chemicals, scratches, high-energy radiations, and extreme temperatures. 


Global Sapphire Glass Market Trends:

The significant growth in the defense industry across the globe is one of the primary factors creating a positive outlook for the market. Sapphire glass is widely used to produce bulletproof shields, armored vehicles, optical systems, night vision devices, ballistic windows, aircraft sensor covers, radomes, communication systems, avionics, missile components, and laser weapons due to its exceptional mechanical and optical properties and resistance to extreme environmental conditions. In addition to this, the widespread product application in the aerospace industry to produce heat shields, spacecraft windows, and satellite components is acting as another growth-inducing factor. Furthermore, the increasing product utilization in the consumer electronics industry to produce light-emitting diode (LED) lighting, fingerprint sensors, camera lenses, power electronics, and screens for smartphones, tablets, and smartwatches is providing an impetus to the market growth. Additionally, the introduction of advanced production techniques, such as the edge-defined film-fed growth (EFG) method, which reduces cost, minimizes waste generation, increases yield, and improves product consistency, is positively influencing the market growth. Apart from this, rising product adoption in the healthcare industry to manufacture medical and dental implants, endoscopes, surgical tools, microfluidic devices, biosensors, x-ray detectors, and blood analysis systems is favoring the market growth. Moreover, the increasing product utilization to manufacture solar panels and wind turbines, owing to its durability and transparency, is propelling the market growth. Other factors, including rising product adoption in autonomous vehicles, increasing investment in the research and development (R&D) of new manufacturing techniques, and widespread product utilization in high-end luxury goods, are anticipated to drive the market growth. On account of the aforementioned factors, the market value is expected to reach US$ 4,678.2 Million by 2032, exhibiting a CAGR of 15.2% during 2024-2032. 


Market Summary:

  • On the basis of product type, the market has been bifurcated into high grade transparency and general transparency sapphire glass.
  • Based on the application, the market has been classified into smartphones, watches, optical and mechanical instruments, safety establishments, medical devices, and others.
  • On a regional basis, the market has been categorized into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
  • The competitive landscape of the industry has also been examined, with some of the key players being KYOCERA Corporation, Rayotek Scientific Inc., Rubicon Technology, Inc., Saint-Gobain Group, Crystran Ltd., Crystalwise Technology Inc., Monocrystal PLC, SCHOTT North America Inc. (SCHOTT AG), Swiss Jewel Company, GTAT Corporation, Precision Sapphire Technologies, Ltd, Sense-tech Innovation Company, Namiki Precision Jewel Co., Ltd., DK AZTEC Co., Ltd., and Tera Xtal Technology Corporation.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Product Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered KYOCERA Corporation, Rayotek Scientific Inc., Rubicon Technology, Inc., Saint-Gobain Group, Crystran Ltd., Crystalwise Technology Inc., Monocrystal PLC, SCHOTT North America Inc. (SCHOTT AG), Swiss Jewel Company, GTAT Corporation, Precision Sapphire Technologies, Ltd, Sense-tech Innovation Company, Namiki Precision Jewel Co., Ltd., DK AZTEC Co., Ltd., and Tera Xtal Technology Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


Contact Us:

IMARC Group
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Sapphire Glass Market to Reach US$ 4,678.2 Million by 2032, Propelled by Significant Growth in Defense Industry
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More