Global MOCVD Market to grow at a CAGR of 13.59% during 2017-2021 | AIXTRON, Taiyo Nippon Sanso, Veeco Instruments

MOCVD is a technique used by semiconductor manufacturers for depositing a very thin layer of metal oxide compound semiconductor material onto a semiconductor wafer. It is predominantly used in the manufacturing process of III-V compound semiconductors, especially for those that use GaN. These semiconductors are the most important base material for manufacturing LEDs, lasers, power electronics, and photovoltaic cells.

The global MOCVD market to grow at a CAGR of 13.59% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global MOCVD market for 2017-2021. To calculate the market size, the report considers value of volume.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global MOCVD Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- AIXTRON
- Taiyo Nippon Sanso
- Veeco Instruments

Other prominent vendors
- Agnitron Technology
- Alliance MOCVD
- CVD Equipment Corporation
- HC SemiTek
- JUSUNG ENGINEERING
- Xycarb Ceramics

Market driver
- Increased demand for renewable sources of energy
- For a full, detailed list, view our report

Market challenge
- High complexity of MOCVD process
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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