The Asia Pacific sapphire glass market size reached US$ 448.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,718.2 Million by 2032, exhibiting a growth rate (CAGR) of 15.6% during 2024-2032.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 448.0 Million |
Market Forecast in 2032
|
US$ 1,718.2 Million |
Market Growth Rate 2024-2032 | 15.6% |
Sapphire glass is synthetically produced by subjecting aluminum oxide powder under extreme heat and pressure in cylindrical sticks. It provides numerous advantages, including low dielectric loss, resistance against high temperature, and excellent strength and electrical insulation. Moreover, as it offers longer life and consumes less energy, sapphire glass is used in light-emitting diode (LED) based lighting to deliver a wider beam angle and prevent stray current from spreading to other circuit elements. It also finds applications in the manufacturing of scratchproof watches, camera cover lenses and smartphone touch sensors.
In the Asia Pacific region, sapphire glass is employed in the defense and military sector for manufacturing transparent armor systems, countermeasure systems, electro-optical windows, bullet-resistant glass and vision systems. It is also used for fabricating windows of commercial aircraft and drones as it protects electronics during harsh weather conditions. Moreover, sapphire glass is employed in the healthcare industry for producing medical-surgical devices. This, along with the increasing demand for smart devices on account of inflating disposable incomes, changing lifestyle patterns and the rising penetration of the internet, is positively influencing the market growth in the region.
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific sapphire glass market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on product type and application.
Breakup by Product Type:
Breakup by Application:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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, Country |
Countries Covered | China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
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) |