Global Synthetic Sapphire Market to Grow at a 7.48% CAGR through 2022, Expects Azoth Analytics in Its New Report Available at MarketPublishers.com18 Jan 2018 • by Natalie Aster
LONDON – The world’s market for synthetic sapphires is set to witness swift growth between 2017 and 2022, registering a 7.48% CAGR.
The consumer electronics sector has exhibited growth at a high rate during the past several years, furthermore, it is predicted to continue growing at a swift pace fueled by such factors as boosting demand for electronic devices (smartphones, laptops, etc.) especially across the emerging countries and also by enhancing demand for LED TVs.
Regionally, the worldwide market for synthetic sapphires was dominated by the APAC region in the year 2016. Meantime, the APAC synthetic sapphires market is projected to enjoy robust growth in the foreseeable future, majorly due to high growth potential in such countries like Taiwan and China.
Crystalwise Technology, Rubicon Technology, Schott, Namiki Group, Saint Gobain, Hansol Technics, Iljin Display, amid others, are the key manufacturers operating in the synthetic sapphire marketplace.
New topical research report “Global Synthetic Sapphire Market (Value, Volume): Analysis By End Use Sector, Application, By Region, By Country: Opportunities and Forecast (2017-2022)” prepared by Azoth Analytics analyses the global synthetic sapphire market performance in detail, covering its major aspects including value, volume, segmentation (by applications, end-users, geography), dynamics, structure, landscape and growth potential.
This report also examines the main market growth drivers, restraints, opportunities and challenges. The updated statistics on the market size, shares and growth rates for 2012–2016 is provided in the report along with detailed future forecasts through to 2022. In addition, the publication covers different market entry strategies and barriers, traces light on the competitive scene, includes comprehensive profiles of the leading companies active in the market, and discusses the prevailing market trends.
A full list of research reports by Azoth Analytics is available at the publisher's online page at MarketPublishers.com.