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TechNavio Publishes Global Metal Organic Chemical Vapor Deposition (MOCVD) Equipment Market Report

04-30-2014 07:13 PM CET | Industry, Real Estate & Construction

Press release from: Technavio

?	Key vendors in the market are Aixtron SE, Taiyo Nippon Sanso Corp., Veeco Instruments Inc.

? Key vendors in the market are Aixtron SE, Taiyo Nippon Sanso Corp., Veeco Instruments Inc.

TechNavio, the independent tech-focused global research firm, has announced the publication of its report on the Global Metal Organic Chemical Vapor Deposition Equipment Market, which is posting a CAGR of 14.13 percent from 2013-2018.

Market growth in this area is being attributed to high demand for LED lighting, as MOCVD equipment is used in the production of LEDs. As this technology is used more and more frequently in consumer electronics such as phones, computers and televisions, as well as in general lighting and automotive lighting, LED manufacturers are expected to increase the utilization rate of MOCVD equipment during the forecast period.

Additionally, uptake of MOCVD equipment in the power semiconductor applications is a major trend that will impact the market in the future.

“In recent years, gallium nitride (GaN) has replaced the existing silicon technology in most power semiconductor applications due to its properties such as wider band gap, high break-down voltage, larger critical electric field, and higher thermal conductivity,” says Faisal Ghaus, Vice President of TechNavio Research.

“To satisfy the demand for high performance electronic devices, semiconductor manufacturers are expected to increase the installation of GaN processing equipment such as MOCVD equipment. GaN-on-Silicon based power electronics developed on MOCVD equipment potentially deliver higher performance, higher efficiency, and switching speed.”

To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

If you are interested in more information on this topic and our upcoming research on the Global MOCVD Market please send an e-mail to media@TechNavio.com.

About TechNavio

TechNavio is a leading global technology research and advisory company. Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year. We cover more than 500 technologies across 80 countries.

We focus on emerging trends that can shape a market, and model these trends using a mix of quantitative and qualitative tools in our proprietary research methodologies in order to build forecasts across market segments and geographies. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a constantly changing technology market scenario.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Our analysts obtain the information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

Our large and growing base of happy customers include technology suppliers, end users, consulting companies, investment firms, research institutes and media worldwide.

Follow us on Twitter @TechNavio
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Media Contact:

Jes Ellacott
Media and Marketing Executive
+1 416 642 4944; +44 208 123 1770
media@TechNavio.com
www.TechNavio.com

8 Wimpole Street
W1G 9SP London
United Kingdom

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