Global Sapphire-based Power Devices Market 2018-2022

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Global sapphire-based power devices industry overview

The proliferation of LTE network and subsequent demand for LTE-enabled smartphones is one of the major factors driving the sapphire-based power devices market growth. For VoLTE to work successfully, end-user would need to integrate VoLTE deployment with legacy-based network deployment and VoLTE-enabled smartphones, which are more powerful and efficient than traditional smartphones. In doing so, mobile manufacturers would be challenged with incorporating effective power management solution, which does not deplete the energy levels of the smartphone. Sapphire-based power devices are an effective solution to this challenge. They help in achieving higher performance levels, reduced latency, and crosstalk, without substantial increase in power consumption. These benefits are encouraging mobile manufacturers to incorporate sapphire-based power devices, and in turn, driving the sapphire-based power devices market growth.

The growth in industrial and building automation is a major trend, which will further stimulate the sapphire-based power devices market growth. The demand for automation is encouraging manufacturers to focus on achieving optimization in the areas of efficiency and low power consumption. The growing need for power consumption is resulting in increased adoption of power devices. In addition, during the automation process, industrial motor drives are extensively used in machines and equipment. Thus, fueled by these factors, the sapphire-based power devices market is projected to grow, registering a CAGR of almost 6%. However, the growth momentum of the market is expected to decelerate during the forecast period due to the decline in the year-over-year growth.

Top sapphire-based power devices companies covered in this market research report

The sapphire-based power devices market is highly concentrated with the market projected to move to maturity during the forecast period. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this sapphire-based power devices industry analysis report is designed to aid clients identify new growth opportunities and make informed business decisions.

The report offers a complete analysis of various companies including:

• Murata Manufacturing (pSemi)
• Rubicon Technology
• Monocrystal

Sapphire-based power devices market segmentation based on geographic regions

• Americas
• APAC
• EMEA

Global sapphire-based power devices market analysis reveals that the APAC region is projected to dominate the market share until 2022. The increased demand for high-power density applications is a major factor driving the growth of sapphire-based power devices in APAC.

Sapphire-based power devices market segmentation based on application

• PFC
• Industrial motor drives
• Renewable energy
• UPS

The PFC segment will lead the sapphire-based power devices market share during the forecast period. In terms of growth rate, the industrial motor drives segment will account for the fastest growth. Additionally, the report will also provide an accurate prediction of the contribution of the various application segments to the growth of the sapphire-based power devices market size.

Key highlights of the global sapphire-based power devices market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the sapphire-based power devices market during the next five years
• Precise estimation of the global sapphire-based power devices market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the sapphire-based power devices industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of the sapphire-based power devices companies

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