TechNavio recognizes the following companies as the key players in the Global Semiconductor CVD Equipment Market: Applied Materials Inc., Lam Research Corp., and Tokyo Electron Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “The Automobile sector is expected to emerge as one of the major consumers of semiconductors during the forecast period. For instance, many technologies such as ESP, ECU, and ABS, which require numerous microcontrollers, are expected to be an integral part of the basic automobile offerings in the coming years. Moreover, with the introduction of new automobile-specific technologies such as SBC, automated driving control, and collision avoidance systems, it is expected to complement the incremental demand for semiconductors in the coming years, which portents increased demand for semiconductors, and in turn, CVD equipment.”
According to the report, one of the main drivers in this market is the increased demand for high-brightness LEDs. The rapid decline in the ASP of LEDs has led to an increase in the adoption of LEDs for lighting applications. Since CVD equipment is used in the production of high-brightness LEDs, it is expected that the increasing demand for high brightness LEDs will fuel the growth in the market.
Further, the report states that one of the major challenges in the market is the availability of cost-effective substitutes for semiconductor CVD equipment, such as LPD technology. The advantages of LPD technology over CVD technology have resulted in the high adoption of LPD technology by semiconductor manufacturers. This has affected the demand for CVD equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-semiconductor-cvd-equipment-marke…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Semiconductor CVD Equipment Market 2012-2016
