Global Metal-Organic Chemical Vapour Deposition Equipment Market 2016 - 2024: Industry Size, Share, Growth, Forecasts

Latest industry research report on: Global Metal-Organic Chemical Vapour Deposition Equipment Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

Metal Organic Chemical Vapour Decomposition (MOCVD) equipment is used in the manufacturing process of complex multilayer semiconductor structure that are used across various optoelectronic or electronic equipment. MOCVD is a device used by different semiconductor manufacturers for depositing thin layer of semiconductor compound material on semiconductor wafers. MOCVD equipment is primarily used in various manufacturing process of type III to V compound semiconductor especially that uses gallium nitride (GaN). These semiconductors are used extensively as the basic material in the manufacturing process of LEDs, power transistors, lasers, electronic devices and photovoltaic cells among others. Application of advanced MOCVD equipment in the manufacturing process of a semiconductor device not only increases the performance but also delivers higher switching speed and efficiency. Thus, the global metal organic chemical vapour decomposition (MOCVD) equipment market is anticipated to experience an exponential growth rate during the forecast period from 2016 to 2024.

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In order to provide in-depth analysis, the global metal organic chemical vapour decomposition (MOCVD) equipment market can be segmented on the basis of application and geography. By application, the market can be classified into semiconductor and electronics and research and development facilities. The semiconductor and electronics segment can be further bifurcated into barrier layers, integrated circuit (IC) applications, solar panels, display panels and sensors among others. In addition, current market synopsis as well as future trend of all the above mentioned segment is also provided in this report across various regions such as North America, Europe, Asia Pacific, Middle-East and Africa and Latin America.

Increasing demand for power semiconductor is the primary factor anticipated to boost the demand of MOCVD equipment during the forecast period from 2016 to 2024. In the coming years, gallium nitride (GaN) is anticipated to replace silicon technology across various power semiconductor applications owing to its wider band gap, larger critical electric field, higher thermal conductivity and high breakdown voltage. This in turn is predicted to trigger the demand of GaN power semiconductor, thereby creating a better opportunity for MOCVD equipment in the coming years. In addition, the evolution of MOCVD equipment has led to increased application of MOCVD in nanotechnology. This development has been possible due to technological advancement in terms of reliability, scalability, and performance. With technological advancement, usage of MOCVD equipment as fabrication and manipulation tools in nanotechnology is one of the major driving factors anticipated to accelerate the demand of MOCVD equipment in the coming years.

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However, fluctuating nature of the semiconductor industry is the most important factor predicted to deter the market growth of MOCVD equipment during the forecast period. In many cases, production of semiconductor exceeds the demand and thus results in large unsold stock. This in turn is anticipated to affect the demand of MOCVD equipment negatively. Moreover, the cyclic demand of MOCVD equipment results in fluctuating revenue inflow of the MOCVD manufacturers. This is also predicted to limit many manufacturers to enter in this market.

Based on application, the global MOCVD equipment market is majorly driven by the semiconductor and electronics segment in the coming years. This segment is also anticipated to experience the fastest growing market during the forecast period. Application of MOCVD equipment for semiconductor and electronic goods processing is unanimously high in demand due to the increasing use of advanced technology in the production of electronic gadgets such as smartphones, DVD players, video games, PDAs, portable media players, home-theater systems, printers and microwaves among others.

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Geographically, Asia Pacific region held the largest market share of MOCVD equipment market across various region in 2015 and is predicted to hold its leading position in the coming years also. High concentration of original design manufacturers (ODMs) and original equipment manufacturers (OEMs) is the key factor behind this region’s dominance. Moreover, increasing demand of power electronic devices across various utility application in Asia Pacific region is another important factor responsible for the growth of MOCVD equipment market in this region. On the other hand, owing to mature market due to high market penetration in U.S and Canada, North America is predicted to experience a sluggish growth rate during the forecast period.

The global market of MOCVD equipment is consolidated in nature with the presence of few market players. Some of the leading players operating in the MOCVD market includes Aixtron (Germany), Taiyo Nippon Sanso Corp. (Japan), Veeco Instruments (U.S) and Agnitron Technology Inc. (U.S) among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments

Market trends and dynamics

Supply and demand

Market size

Current trends/opportunities/challenges

Competitive landscape

Technological breakthroughs

Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)

Latin America (Mexico, Brazil, Peru, Chile, and others)

Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)

Eastern Europe (Poland and Russia)

Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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A complete backdrop analysis, which includes an assessment of the parent market

Important changes in market dynamics

Market segmentation up to the second or third level

Historical, current, and projected size of the market from the standpoint of both value and volume

Reporting and evaluation of recent industry developments

Market shares and strategies of key players

Emerging niche segments and regional markets

An objective assessment of the trajectory of the market

Recommendations to companies for strengthening their foothold in the market

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