LONDON, Sept. 1, 2015 /PRNewswire/ -- Sapphire glass is a synthetic variant of the naturally available sapphire gemstone. Sapphire glass is industrially made from aluminum oxide, wherein the raw material is fused and processed to produce an extremely hard polycrystalline product. The production of synthetic sapphire had unlocked various applications for this novel material, that otherwise was restricted to decorative use as a rare gemstone. Sapphire glass ranks next only to diamond in terms of hardness and is extremely resistant to scratches. This property of the material is increasingly being explored by various organizations across the world. The major commercial uses of sapphire glass are in the manufacture of smartphone displays, watchmaking, and manufacture of medical, mechanical, and optical equipment and as a bulletproof and ballistic material in safety establishments.
Technavio's analysts forecast the global sapphire glass market to grow at a CAGR of 6.21% in terms of revenue during 2014-2019.
Covered in this report
Technavio's report, Global Sapphire Glass Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion on the market, its evolution, an extensive coverage on various types of applications, and the estimates in terms of revenue and volume. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a detailed discussion of the key vendors in the market and also includes a commentary on the other prominent vendors of sapphire glass and related end use products.
The market is divided into the following segments based on application: smartphones, watches, optical and mechanical instruments, safety establishments, medical devices, and others.
The following are the key highlights of the report:
- Comparative analysis of substitutable products
- Comparative analysis of vendor capabilities
- Insights on "Project Phire"
Key Vendors
- GT Advanced Technologies
- Precision Sapphire Technologies
- Rayotek
- Rubicon Technology
- Saint Gobain
- Swiss Jewel
Other Prominent Vendors
- Crystran
- Daheng Optics
- Day Optics
- Edmund Optics
- Gavish
- Meller Optics
- SCHOTT
- Thor Labs
Market Driver
- High Demand for Luxury Watches from Asia
- For a full, detailed list, view our report
Market Challenge
- Strong Market Position of Corning
- For a full, detailed list, view our report
Market Trend
- Increased Use of Sapphire Glass in the Manufacture of High-end Smartphones
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- What is the nature of competition between vendors?
- Where does the product stand in terms of product life cycle?
- What are the substitutable products for sapphire glass?
Download the full report: https://www.reportbuyer.com/product/3155297/
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SOURCE ReportBuyer
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