Technavio has published a new report on the global sapphire glass market, which is expected to grow at a CAGR of over 6% from 2015-2019.
The report emphasizes the increased use of sapphire glass in the manufacturing of Apple devices and Vertu luxury mobile phones.
According to the report, Apple currently uses sapphire glass for touch sensors and rear camera glass in all its iPhone, iPad, and iPod products and is considered the single largest consumer of sapphire glass.
“The latest Apple watch has a sapphire glass front and the successful response of the watch will establish the use of the material,” says Faisal Ghaus, Vice President of Technavio.
“Additionally, SCHOTT launched a sapphire glass range for various applications and is evaluating sapphire for smartphone displays. Corning is also evaluating sapphire for incorporating certain properties in its Gorilla Glass range,” he said.
The report also covers the present scenario and growth prospects of the global sapphire glass market from 2015-2019. To calculate the market size, the report considers revenue generated through the sales of sapphire glass substrates in various applications.
Key information in the report includes updates on key vendors:
- GT Advanced Technologies
- Precision Sapphire Technologies
- Rayotek Scientific Inc.
- Rubicon Technology Inc.
- Saint-Gobain SA
- Swiss Jewel
It also covers market growth drivers, challenges and trends. An abstract of the report and more information can be found on the company website at http://www.technavio.com/report/global-sapphire-glass-market-2015-2019