Sapphire Technology Market valued by USD $3.01 Billion by 2020

According to the new market research report "Sapphire Technology Market by Growth Technologies (KY, CZ, HEM, and EFG), Substrate Wafer (Si-on-Sapphire, SiC-on-Sapphire, GaN-on-Sapphire, and Others), Devices, Applications, and Geography - Analysis & Forecast to 2013 - 2020", the global sapphire market by substrate is expected to reach $3.01 Billion by 2020 at a CAGR of 12.31%, where as the Sapphire Technology Market for devices is expected to reach $6.17 Billion by 2020 at a CAGR of 12.24%. which includes an in-depth analysis of application and geography.

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Browse more than 65 market data tables with 70 figures spread through 236 pages and in-depth TOC on "Sapphire Technology Market by Growth Technologies (KY, CZ, HEM, and EFG), Substrate Wafer (Si-on-Sapphire, SiC-on-Sapphire, GaN-on-Sapphire, and Others), Devices, Applications, and Geography - Analysis & Forecast to 2013 - 2020"

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The Sapphire Technology Market by Growth Technologies entails a great potential across many industry verticals. The sapphire material is gaining attention due to effective cost matrix and leads to a longer life cycle with greater reliability. The highlighting features of sapphire material are high efficiency, better thermal and electric properties, and longer life that is best suited for power electronics devices, display cover for consumer electronics, and LED industry. Sapphire Technology Market is the one that will be the captivating essentials for new entrants as well as winning opportunities for the established players.

This report describes the market trends, drivers, and challenges with respect to the Sapphire 

Technology Market and forecasts the market to 2020. This global report gives a detailed view of the market across geographies - Americas (North America and South America), Europe (U.K., Germany, and others), the Asia-Pacific (China, Japan, Korea, Taiwan, and others), and ROW (Middle East and others). Asia-Pacific is the largest geography in terms of the Sapphire Technology Market value.

Americas has been identified as the fastest growing region, with U.S leading the way. Europe also has a very promising market with Germany and the U.K. while the ROW also impetus to the growth. The report profiles more than 10 promising players in the Sapphire Technology Market ecosystem.
The competitive landscape of the market presents a very interesting picture, where a large number of small players have become a force to reckon with. The market is witnessing a large scale collaboration and partnership across the value chain with number of tier-one players around the globe.

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Major players in this Sapphire Technology Market include: GT Advanced Technology (U.S.), Rubicon Technology (U.S.), Namiki Precision Jewel Co. Ltd (Japan), Monocrystal Inc. (Russia), DK Aztec Co. Ltd (Korea), and so on.

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IoT Sensors Market worth 38.41 Billion USD by 2022

According to the new market research report "IoT Sensors Market by Type (Pressure, Temperature, Humidity, Magnetometer, Accelerometer, Gyroscope, Inertial, Image), Network Technology (Wired & Wireless), Vertical (Consumer IoT, Commercial IoT, Industrial IoT), and Region - Global Forecast to 2022", the IoT sensors market is expected to reach USD 38.41 Billion by 2022, growing at a CAGR of 42.08% between 2016 and 2022. The major factors driving the growth of the IoT sensors market include development of cheaper, smarter, and smaller sensors, growing market for smart devices and wearables, need for real-time computing of applications, increase in demand for IoT sensors in various applications, supportive government initiatives, deployment of IPv6, and role of sensor fusion concept in IoT sensors market.

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“IoT sensors market for consumer IoT vertical expected to grow rapidly during the forecast period”

According to the research report, the consumer IoT vertical has been segmented into home automation, smart city, and wearable electronics. Home automation includes consumer devices (smart TVs, home theater projectors, next-gen game console, and set-top boxes) and consumer appliances (washing machine, refrigerator, oven, dishwasher, and robot vacuum cleaner). Smart appliances, also known as intelligent appliances, have the ability to measure and control their energy usage and communicate the same with homeowners and utilities departments. Additionally, the major factors driving the wearable devices market for IoT sensors include the growing popularity of IoT and the increasing adoption of smart watches and activity trackers in the consumer markets.

“Pressure sensor market to hold major share between 2016 and 2022”

The market for pressure sensors is expected to hold major share during the forecast period. This is mainly because their wide usage in a variety of application including medical applications, smart cities, wearable, environmental monitoring devices, remote sensing, industrial automation, air speed, air sampling, and leak detection. Various applications of industrial automation, transportation, healthcare, and consumer electronics need constant tracking and analyzing which is mostly done with the help of pressure sensors.

“APAC expected to grow at the highest rate during the forecast period”

Sensors are increasingly being demanded in APAC owing to the growing demand for automotive and increasing focus of the region towards IoT platform. In this study, the APAC market has been divided into India, China, Japan, South Korea, Australia, and Rest of APAC. Asia-Pacific is a major market for various sectors such as consumer electronic devices and appliances, automobiles, and healthcare among others. Moreover, the Asia-Pacific region is one of the potential markets for the industrial and consumer IoT verticals as countries such as China, India, and Australia among others are actively trying to strengthen the IoT platform.

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Major companies involved in the development of IoT sensors include Texas Instruments Incorporated (U.S.), STMicroelectronics N.V. (Switzerland), TE Connectivity, Inc. (Switzerland), NXP Semiconductors N.V. (Netherlands), Broadcom Limited (U.S.), Robert Bosch GmbH (Germany), InvenSense, Inc. (U.S.), Infineon Technologies (Germany), ARM Holdings Plc. (U.K.), Omron Corporation (Japan), Sensirion AG (Switzerland), Analog Devices, Inc. (U.S.), SmartThings, Inc. (U.S.), and KONUX Inc. (Germany) among others.

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Source Measure Unit Market valued by USD 1,102.1 Million by 2023

The report “Source Measure Unit Market by Form Factor (Benchtop and Modular), Application (Semiconductor Devices and Precision Electronics), End-User Industry (IT & Telecommunications, Automotive, and Process Industries), Type, and Geography – Global Forecast to 2023″, The source measure unit market is expected to grow from USD 746.7 Million in 2018 to USD 1,102.1 Million by 2023, at a CAGR of 8.10% between 2018 and 2023. The market is growing due to the increasing demand for electronic testing equipment in end-user industries such as automotive, aerospace & defense, IT & telecommunications, education and government, process industries, and healthcare.

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Precision SMU dominated the overall source measure unit market in 2017

Among different types of SMUs, precision SMUs held the largest share of the overall source measure unit market in 2017. The increasing use of precision SMUs for research activities and across educational institutes is expected to be the major factor largely responsible for its dominance in the near future. Precision SMUs currently offer a considerably broad range and current sourcing capability, thereby covering a considerably wide range of both voltage and current at the same time.

Market for benchtop source measure units to grow at highest CAGR during forecast period

Benchtop SMUs are gaining momentum as they prove to be an ideal choice for testing semiconductors, active/passive components, and a variety of other devices and materials. Also, benchtop SMUs are used in R&D, education and industrial development, test and manufacturing applications and are capable of operating as a standalone or system components. Typically, benchtop SMUs are preferred for their higher accuracy and repeatability over modular SMUs; hence, benchtop SMUs will command the market during the forecast period.

Source measure unit market in APAC to grow at highest CAGR during forecast period

The source measure unit market in APAC is expected to grow at the highest CAGR during the forecast period. The market in APAC is conducive to the growth of SMUs mainly due to the presence of numerous manufacturers of electronic and semiconductor products. Also, the region has the highest number of mobile phone subscribers and the demand for high processing, long battery power is increasing. Additionally, many small and medium-sized equipment manufacturing companies are present in countries such as China, India, and Vietnam, which are cost-effective locations for installing manufacturing facilities owing to the availability of low-cost labor. The widespread adoption of 4G services and the upcoming 5G network launch are likely to increase the need for testing mobile devices from mobile phone manufacturing countries such as China and Taiwan.

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Major players in the source measure unit market include Fortive Corporation (US), Rohde & Schwarz GmbH & Co KG (Germany), Keysight Technologies (US), Yokogawa Electric Corporation (Japan), and National Instruments Corporation (US). Some other companies operating in the source measure unit market are Advantest Corporation (Japan), Viavi Solution, Inc. (US), Chroma ATE Inc. (Taiwan), VX Instruments (Germany), and Teradyne (US).

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