TechNavio recognizes the following companies as the key players in the Global Metal Organic Chemical Vapor Deposition (MOCVD) Market: AIXTRON SE, Taiyo Nippon Sanso Corp. and Veeco Instruments Inc.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”The LED manufacturers in China use two-inch wafers in the LED fabrication process, while the LED manufacturers in Taiwan and Japan use four-inch wafers. The MOCVD vendors are focusing on increasing the yield of the MOCVD equipment by introducing six-inch wafers. Moreover, the MOCVD vendors are introducing sapphire substrates as an alternative to the traditional silicon substrates in the MOCVD process. With the introduction of six-inch wafers and sapphire substrates, the vendors are looking to double the chip amount of every wafer, thereby significantly reducing the customer’s cost per wafer fabrication. Thus, the gradual shift to six-inch wafers and sapphire substrates is a positive trend that is expected to benefit the Global MOCVD market.”
According to the report, one of the main drivers of this market is the increase in applications for LEDs, which are the end-products that are manufactured through the MOCVD process. The increased focus on power conservation by government authorities worldwide and the phasing out of incandescent bulbs have increased the demand for LEDs.
Further, the report states that one of the key challenges in this market is the relatively low yield of the installed MOCVD equipment. Most of the MOCVD equipment that was purchased and installed during 2010-2011 or earlier is being utilized only to the extent of around 50 percent, which is resulting in a low RoI for the market vendors.
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/content/global-metal-organic-chemical-vapor-dep…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/hardware
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TechNavio Announces the Publication of its Research Report – Global Metal Organic Chemical Vapor Deposition (MOCVD) Market 2012-2016
